Competition Restriction. During Officer's employment and for the period of time in which Officer is entitled to payment of a Severance Benefit, Change in Control Benefit, or Retention Incentive, Officer shall not engage in any activity as an officer, director, owner (except for an ownership of less than three percent (3%) of any publicly traded security), employee, consultant, or otherwise of a financial services company with an office or doing business within 50 miles of any office or branch of Umpqua or of any of its subsidiaries in existence at the time of termination of Officer's employment.
Competition Restriction. During EMPLOYEE’s employment by NIKE, under the terms of any employment contract or otherwise, and for 1 year thereafter, (the “Restriction Period”), EMPLOYEE will not directly or indirectly, own, manage, control, or participate in the ownership, management or control of, or be employed by, consult for, or be connected in any manner with, any business engaged anywhere in the world in the athletic footwear, athletic apparel or sports equipment, sports electronics/technology and sports accessories business, or any other business which directly competes with NIKE or any of its parent, subsidiaries or affiliated corporations (a “Competitor”). This provision is subject to NIKE's option to waive all or any portion of the Restriction Period as more specifically provided below.
Competition Restriction. In the event the Executive is terminated for cause under Paragraph 7 or improperly terminates his own employment hereunder, then during the period beginning on the date of termination of the Executive's employment and continuing for two (2) years after such date, the Executive shall not, without the prior approval of the Arrow Board, certified to him by the Secretary or Acting Secretary of Arrow, become an officer, employee, agent, partner or director of any other business in substantial competition with the Bank, Arrow, or any other company or bank affiliated with Arrow, including any branch or office of any of the foregoing. Such restriction shall apply to any such other business doing business in any county in the State of New York in which Arrow, the Bank or any such other affiliated company or bank is then conducting any material business or into which, to the knowledge of the Executive at the time of such termination, any such entity has immediate plans to expand its activities in material respects. The provisions of this Paragraph 8 shall not apply in the event that the Executive becomes a Retired Early Employee under Paragraph 6 or the Executive's employment terminates in accordance with the first sentence of Paragraph 2. It is the intention of the parties to restrict the activities of the Executive under this Paragraph 9 only to the extent necessary for the protection of the legitimate business interests of Arrow, and the parties specifically covenant and agree that should any of the clauses or provisions of the competition restriction set forth herein, under any set of circumstances, be held by a court of competent jurisdiction to be illegal, invalid or unenforceable under present or future laws effective during the term of this Agreement, then and in that event, the court so holding may reduce the business or territory to which such restriction pertains and/or the period of time during which it operates, or effect any other change to the extent necessary to render such restriction enforceable by said court.
Competition Restriction. During EMPLOYEE’s employment by NIKE, under the terms of any employment contract or otherwise, and for twelve (12) months thereafter, (the “Restriction Period”), EMPLOYEE will not directly or indirectly, own, manage, control, or participate in the ownership, management or control of, or be employed by, consult for, or be connected in any manner with, any business engaged anywhere in the world in the athletic footwear, athletic apparel or sports equipment and accessories business, or any other business which directly competes with NIKE or any of its parent, subsidiaries or affiliated corporations (“Competitor”). By way of illustration only, examples of NIKE competitors include, but are not limited to: Adidas, FILA, Reebok, Puma, Champion, Oakley, DKNY, Converse, Asics, Saucony, New Balance, Xxxxx Lauren/Polo Sport, B.U.M, FUBU, The Gap, Xxxxx Xxxxxxxx, Umbro, Northface, Venator (Footlockers), Sports Authority, Columbia Sportswear, Xxxxxx, Mizuno, Callaway Golf and Titleist. This provision is subject to NIKE’s option to waive all or any portion of the Restriction Period as more specifically provided below.
Competition Restriction. During Officer’s employment with Umpqua and its affiliates and for the period of time in which Officer is entitled to payment of the Severance Benefit or Change in Control Benefit, Officer shall not engage in any activity as an officer, director, owner (except for an ownership of less than three percent (3%) of any publicly traded security), employee, consultant, or otherwise of a financial services company (or, to Officer’s knowledge, proposed to be) in competition with Umpqua or its affiliates with an office or doing business within 50 miles of any office or branch of Umpqua or of any of its subsidiaries in existence at the time of termination of Officer’s employment. Umpqua acknowledges that Officer is licensed to practice law. It shall not be a breach of this section 14 for Officer to provide legal services in the private practice of law to a Potential Competitor or in association with a firm that provides legal services to a Potential Competitor.
Competition Restriction. I will not, during the term of my employment and for a period of one (1) year after the termination of my employment, regardless of the reason for such termination ("the Restricted Period"), anywhere in the world that the Company or its Affiliates operates or has plans to operate at the time my employment is terminated for any reason (the "Restricted Territory"), directly or indirectly perform services for, be employed or engaged by, own any interest in, manage, control, participate in, serve on the board of directors of, consult with, advise, contribute to, hold a security interest in, or otherwise assist or serve any business or segment of business engaged in, or preparing to engage in, the development, publishing or sale of personalized retargeted advertisements, including but not limited to Conversant, Tellapart, AdRoll, MyThings, and Sociomantic; provided, however that it shall not be a violation of this Section for me to make passive investments of not more than one percent (1%) of the capital stock or other ownership or equity interest, or voting power, in a public company, registered under the Securities Exchange Act of 1934, as amended.
Competition Restriction. During the Term and for the period for which Xxxxxxx receives compensation under paragraph 8(a), and for twenty-four (24) months after termination of his employment, if Xxxxxxx receives compensation under paragraph 8(a) or 9, he shall not become or serve as an officer, director, founder or employee of any financial institution with its main office in Kitsap, Xxxxxxxxx, Xxxxx or Clallam Counties, or any other financial institution which, in the judgment of the Board, is in substantial competition with Westsound, unless Xxxxxxx has first obtained the Board's written consent. In the event Xxxxxxx breaches this condition, which breach is not corrected within fifteen (15) days of notice to Xxxxxxx of such breach, Xxxxxxx shall forfeit all right to receive all benefits or other payments remaining unpaid on the date of any such breach, and shall refund any payments received pursuant to paragraph 8(a) or 9 hereof, and all unexercised stock options which will be forfeited.
Competition Restriction. 乙方在解除协议后一年内，未经甲方同意，不得到与甲方经营同类产品、业务的有竞争关系的其他用人单位工作，或自己开业生产或经营与甲方有竞争关系的同类产品业务。如违反此规定乙方应支付甲方该项技术标的额的违约金，甲方已将该期间的竞业限制经济补偿金计算在乙方工资中，乙方亦认可。因此，甲方不另外支付乙方竞业限制经济补偿金。 Within one year after the termination of the agreement, without the approval by Party A, Party B should not work for other entities which engage in products and business similar to Party A's, and have the competitive relation with Party A, or produce or engage in the operations, by himself, related to the products similar to Party A’s. Party B should pay Party A the amount of the technique as penal sum, if Party B violate this regulation. Party A has included the economic compensation of the one-year competition restriction to Party B’s salary, which has been approved by Party B. Therefore, Party A shall not pay Party B any economic compensation for competition restriction. 十二、 协议的变更
Competition Restriction. During the Term and for twenty-four (24) months thereafter, if Xxxxxx receives compensation under paragraph 8(d), she shall not become or serve as an officer, director, founder or employee of any financial institution with its main office in King, Snohomish or Xxxxxx Counties, or any other financial institution which, in the judgment of the Board, is in substantial competition with Cascade, unless Xxxxxx has first obtained the Board’s written consent. In the event Xxxxxx breaches this condition, which breach is not corrected within fifteen (15) days of notice to Xxxxxx of such breach, Xxxxxx shall forfeit all right to receive all benefits or other payments remaining unpaid on the date of any such breach, and shall refund any payments received pursuant to paragraph 8(d) hereof, and all unexercised stock options which will be forfeited.
Competition Restriction. For a period from the date hereof until the sixth anniversary of the Equity Transfer Pricing Base Date, each Transferor shall not and shall cause their affiliates not to, directly or indirectly, own, manage, operate, control, transfer technology to, or participate in the ownership, management, operation or control of any business, whether in corporate, proprietorship or partnership form or otherwise, engaged in any activity similar to or that otherwise competes with the Target Company's products in the PRC, including but not limited to diagnostic testing agents, test paper and diagnostic test products for AIDS and immune system disease. The Transferors shall not breach this provision 10 by complying with their obligations under this Agreement or, in the case of Xxxx, by its holding equity in the Target Company.
