Common use of Competitive Activity; Confidentiality; Nonsolicitation Clause in Contracts

Competitive Activity; Confidentiality; Nonsolicitation. (a) During the Term and for a period ending two years following the Termination Date, if the Executive shall have received or shall be receiving benefits under Section 4, and, if applicable, Section 5, the Executive shall not, without the prior written consent of the Company, which consent shall not be unreasonably withheld, engage in any Competitive Activity.

Appears in 4 contracts

Samples: Severance Agreement (Cleveland Cliffs Inc), Severance Agreement (Cleveland Cliffs Inc), Severance Agreement (Cleveland Cliffs Inc)

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Competitive Activity; Confidentiality; Nonsolicitation. (ac) During the Term and for For a period ending two years one year following the Termination Date, if the Executive shall have received or shall be receiving benefits under Section 4, and, if applicable, Section 5, the Executive shall not, without the prior written consent of the Company, which consent shall not be unreasonably withheld, engage in any Competitive Activity; provided that the foregoing shall not apply if the Termination Date was prior to the Change in Control and Executive had already commenced such activity.

Appears in 1 contract

Samples: Severance Agreement (Harman International Industries Inc /De/)

Competitive Activity; Confidentiality; Nonsolicitation. (a) During the Term and for For a period ending two years one year following the Termination Date, if the Executive shall have received or shall be receiving benefits under Section 4, and, if applicable, Section 5, the Executive shall not, without the prior written consent of the Company, which consent shall not be unreasonably withheld, engage in any Competitive Activity; provided that the foregoing shall not apply if the Termination Date was prior to the Change in Control and Executive had already commenced such activity.

Appears in 1 contract

Samples: Severance Agreement (Harman International Industries Inc /De/)

Competitive Activity; Confidentiality; Nonsolicitation. (a) (a) During the Term and for a period ending two years following the Termination Date, if the Executive shall have received or shall be receiving benefits under Section 4, and, if applicable, Section 5, the Executive shall not, without the prior written consent of the Company, which consent shall not be unreasonably withheld, engage in any Competitive Activity.

Appears in 1 contract

Samples: Severance Agreement (Cleveland Cliffs Inc)

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Competitive Activity; Confidentiality; Nonsolicitation. (ad) During the Term and for For a period ending two years one year following the Termination Date, if the Executive shall have received or shall be receiving benefits under Section 4, and, if applicable, Section 5, the Executive shall not, without the prior written consent of the Company, which consent shall not be unreasonably withheld, engage in any Competitive Activity; provided that the foregoing shall not apply if the Termination Date was prior to the Change in Control and Executive had already commenced such activity.

Appears in 1 contract

Samples: Severance Agreement (Harman International Industries Inc /De/)

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