Common use of Competition with the Company Clause in Contracts

Competition with the Company. The Executive covenants and agrees that, during the Term of this Agreement, the Executive will not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, stockholder, director, officer, employee or in any other capacity as principal or agent), compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than 5% of such company's outstanding shares.

Appears in 4 contracts

Samples: Employment Agreement (Premier Exhibitions, Inc.), Employment Agreement (Premier Exhibitions, Inc.), Employment Agreement (RMS Titanic Inc)

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Competition with the Company. The Executive covenants and agrees that, during the Term of this Agreement, the Executive will not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, stockholder, director, officer, employee or in any other capacity as principal or agent), compete with the CompanyCompany in the "Capsule Toy" segment of toy industry. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than 5% of such company's outstanding shares.

Appears in 3 contracts

Samples: Employment Agreement (Alottafun Inc), Employment Agreement (Alottafun Inc), Employment Agreement (Alottafun Inc)

Competition with the Company. The Executive covenants and agrees that, that during the Term of this Agreement and for a period of two (2) years after termination of this Agreement, the Executive will shall not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, member, stockholder, director, officer, employee or in any other capacity as principal or agent), ) compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than 5% of such company's outstanding shares.

Appears in 3 contracts

Samples: Employment Agreement (Eautoclaims Com Inc), Employment Agreement (Eautoclaims Com Inc), Employment Agreement (Eautoclaims Com Inc)

Competition with the Company. The Executive covenants and agrees that, during the Term of this AgreementTerm, the Executive will not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, stockholder, director, officer, employee or in any other capacity as principal or agent), compete with the Company. Notwithstanding this restriction, the Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than 5% of such company's ’s outstanding shares.

Appears in 2 contracts

Samples: Employment Agreement (Premier Exhibitions, Inc.), Employment Agreement (Premier Exhibitions, Inc.)

Competition with the Company. The Executive covenants and agrees that, during the Term of this Agreement, the Executive will not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, stockholder, director, officer, employee or in any other capacity as principal or agent), compete with the Company. Notwithstanding this restriction, the Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than five percent (5% %) of such company's ’s outstanding shares.

Appears in 2 contracts

Samples: Employment Agreement (Premier Exhibitions, Inc.), Employment Agreement (Premier Exhibitions, Inc.)

Competition with the Company. The Executive covenants and agrees that, during the Term of this AgreementTerm, the Executive will not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, stockholder, director, officer, employee or in any other capacity as principal or agent), compete with the Company. Notwithstanding this restriction, the Executive shall be entitled to invest in stock of other competing public companies so long as his her ownership is less than 5% five percent of such company's ’s outstanding shares.

Appears in 2 contracts

Samples: Employment Agreement (Premier Exhibitions, Inc.), Employment Agreement (Premier Exhibitions, Inc.)

Competition with the Company. The Executive covenants and agrees that, during the Term of this AgreementTerm, the Executive will not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, stockholder, director, officer, employee or in any other capacity as principal or agent), compete with the Company. Notwithstanding this restriction, the Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than 5% five percent of such company's ’s outstanding shares.

Appears in 1 contract

Samples: Employment Agreement (Premier Exhibitions, Inc.)

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Competition with the Company. The Executive covenants and agrees that, during the Term of this Agreement, the Executive will not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, stockholder, director, officer, employee or in any other capacity as principal or agent), compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than five percent (5% %) of such company's outstanding shares.

Appears in 1 contract

Samples: Employment Agreement (RMS Titanic Inc)

Competition with the Company. The Executive covenants and agrees that, during the Term of this Agreement, the Executive will not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, stockholder, director, officer, employee or in any other capacity as principal or agent), compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than 5% of such company's outstanding shares.

Appears in 1 contract

Samples: Employment Agreement (Eautoclaims Com Inc)

Competition with the Company. The Executive covenants and agrees that, during the Term of this Agreement, the Executive will not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, stockholder, director, officer, employee or in any other capacity as principal or agent), compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his her ownership is less than 5% of such company's ’s outstanding shares.

Appears in 1 contract

Samples: Employment Agreement (Premier Exhibitions, Inc.)

Competition with the Company. The Executive covenants and agrees that, during the Term of this Agreement, the Executive will not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, stockholder, director, officer, employee or in any other capacity as principal or agent), compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than 5% of such company's ’s outstanding shares.

Appears in 1 contract

Samples: Agreement Made Effective (Premier Exhibitions, Inc.)

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