Common use of Competitive Employment Clause in Contracts

Competitive Employment. In the event that Employee, prior to full settlement of the Performance Share Units and within the Restricted Territory, directly or indirectly, whether on Employee’s own behalf or on behalf of any other person or entity, performs services of the type which are the same as or similar to those conducted, authorized, offered or provided by Employee to the Company within the last 24 months, and which support business activities which compete with the Business of the Company.

Appears in 16 contracts

Samples: Performance Share Units Agreement (New Jersey Resources Corp), New Jersey Resources (New Jersey Resources Corp), Share Units Agreement (New Jersey Resources Corp)

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Competitive Employment. In the event that Employee, prior to full settlement of the Performance Share Performance-Based Restricted Stock Units and within the Restricted Territory, directly or indirectly, whether on Employee’s own behalf or on behalf of any other person or entity, performs services of the type which are the same as or similar to those conducted, authorized, offered or provided by Employee to the Company within the last 24 months, and which support business activities which compete with the Business of the Company.

Appears in 8 contracts

Samples: Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp)

Competitive Employment. In the event that Employee, prior to full settlement of the Performance Share Restricted Stock Units and within the Restricted Territory, directly or indirectly, whether on Employee’s own behalf or on behalf of any other person or entity, performs services of the type which are the same as or similar to those conducted, authorized, offered or provided by Employee to the Company within the last 24 months, and which support business activities which compete with the Business of the Company.

Appears in 4 contracts

Samples: Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp)

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Competitive Employment. In the event that Employee, prior to full settlement of the Performance Share Restricted Stock Units and within the Restricted Territory, directly or indirectly, whether on Employee’s own behalf or on behalf of any other person or entity, performs services of the type which are the same as or similar to those conducted, authorized, offered or provided by Employee to the Company within the last 24 months, and which support business activities which compete with the Business of the Company.. (b)

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp)

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