COMPETITIVE ENTERPRISES Sample Clauses

COMPETITIVE ENTERPRISES. While employed by the Company, and for a period of twelve (12) months after termination of employee status for any reason, Executive must not, without the express written consent of the Board, directly or indirectly, engage in any activity that is, or participate or invest in or assist (whether as owner, part-owner, stockholder, partner, director, officer, trustee, employee, agent, independent contractor or consultant, or in any other capacity) a Competitive Enterprise. "Competitive Enterprise" means any entity that operates television stations, cable distribution systems or other video broadcast or distribution enterprises exclusively in a designated market area ("DMA") where the Company or any affiliate (as defined in the Securities Exchange Act of 1934) of the Company owns and/or operates stations.
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COMPETITIVE ENTERPRISES. Notwithstanding the preceding sentence, the Executive shall not be prohibited from owning less than five percent (5%) of the equity of any publicly traded entity.
COMPETITIVE ENTERPRISES. Basic description Business environment in the Czech Republic is characterized not only by advanced technical skills, but also by the fact that it is based on “lean processes” without unnecessary inventory, on developed logistics and that it focuses on the EU countries that receive 84 % of our exports, which is exceptionally high number. International comparisons show that Czech companies are successful as subcontractors, but their poor knowledge of foreign markets is their major weakness. Territorial limitation of the active balance of trade almost exclusively on EU countries shows that the functional specialization of the Czech Republic in world trade can be characterized as a production base for markets in Europe and surrounding areas, while the scope and nature of use of this production base is controlled mainly from abroad. Domestic business sector is still weak, it is not based on innovation to a sufficient extent and on direct relationships with end customers; its development strongly depends on the demand from multinational corporations from outside the Czech Republic (they have only branches in the CZE). Small domestic market is compensated by a high degree of openness with a very high share of foreign trade with the EU and therefore it is very sensitive to the functioning of the internal market and the dynamics of the EU economy, as well as of the end customers buying the re-exported goods. Like in many European countries, the biggest improvement in efficiency has been recorded in tradable goods exposed to foreign competition. In the long term, innovation performance of enterprises is a key condition of their competitiveness, while such innovation results from own research and development and/or from a functional linking of business and research communities, including excellent research. Development of innovative activities of companies must be understood in both quantitative terms (more companies are focusing on technological innovation) and especially in qualitative terms (i.e. increase in ambitions of innovation efforts of companies). Percentage of expenditure of businesses on research and development compared to GDP in 2010 amounted according to the CSO to 1 %, which corresponds to CZK 36.6 billion in current prices. In terms of financial resources, the business sector did not succeed in retaining its share in the total expenditure on R&D, which exceeded 50% in the period 1999– 2008. As regards the indicator of private expenditure on R&D activ...

Related to COMPETITIVE ENTERPRISES

  • Competitive Business The term “Competitive Business” means any person or entity that engages in any business activity that competes with the Company’s or an Affiliate’s or Subsidiary’s business in any way, in any geographic area in which the Company or an Affiliate or Subsidiary engages in business, including, without limitation, any state in the United States in which the Company or an Affiliate or Subsidiary sells or offers to sell its products from time to time.

  • Competitive Activities During the term of this Agreement, Consultant will not, directly or indirectly, in any individual or representative capacity, engage or participate in or provide services to any business that is competitive with the types and kinds of business being conducted by Company.

  • Competitive Activity Executive shall be deemed to have engaged in "Competitive Activity" if, during the period commencing on the date hereof and ending on the second anniversary of the date Executive's employment with the Company or its subsidiaries terminates, (i) Executive, for himself or on behalf of any other person, firm, partnership, corporation, or other entity, engages, directly or indirectly, as an executive, agent, representative, consultant, partner, shareholder or holder of any other financial interest, in any business that competes with the Company or its subsidiaries in the line of business Executive is employed in by the Company or its subsidiaries (as applicable), as such business is described in any employment or severance agreement then in effect between Executive and the Company or one of its subsidiaries or, if no such agreement is then in effect, as described on Schedule II attached hereto (a "Competing Business"), it being understood and agreed that Executive's activities shall not satisfy this clause (i) where Executive is employed by a person, firm, partnership, corporation, or other entity engaged in a variety of activities, including the Competing Business, and Executive is not engaged in or responsible for the Competing Business of such entity. Executive may also, without satisfying clause (i) be a passive owner of not more than 2% of the outstanding publicly traded stock of any class of a Competing Business so long as Executive has no active participation in the business of such entity, except to the extent permitted above; or (ii) Executive (A) directly or indirectly through another entity, induces or attempts to induce any employee of the Company or its subsidiaries to leave the employ of the Company or its subsidiaries, or in any way interfere with the relationship between the Company or any of its subsidiaries and any employee thereof, (B) knowingly hires any person who was an employee of the Company or any of its subsidiaries within 180 days prior to the time such employee was hired by Executive, (C) induces or attempts to induce any customer, supplier, licensee or other business relation of the Company or any of its subsidiaries to cease doing business with the Company or its subsidiaries or in any way interfere with the relationship between any such customer, supplier, licensee or business relation and the Company or any subsidiary or (D) directly or indirectly acquires or attempt to acquire an interest in any business relating to the business of the Company or any of its subsidiaries and with which the Company or any of its subsidiaries has entertained discussions or has requested and received information relating to the acquisition of such business by the Company or its subsidiaries in the one-year period immediately preceding Executive's termination of employment with the Company.

  • Competitive Products Competitive Products" means products that serve the same function as, or that could be used to replace, products the Company provided to, offered to, or was in the process of developing for a present, former, or future possible customer/partner at any time during the twelve (12) months immediately preceding the last day of Participant's employment (or at any time during Participant's employment if Participant was employed for less than 12 months), with which Participant had direct responsibility for the sale or development of such products or managing those persons responsible for the sale or development of such products.

  • Competing Business “Competing Business” means any depository, wealth management or trust business company or holding company thereof (including without limitation, any start-up bank or bank in formation) operating anywhere within the Covered Area.

  • Associated Enterprises (a) an enterprise of a Contracting State participates directly or indirectly in the management, control or capital of an enterprise of the other Contracting State, or

  • Competitive Terms 22.4.1 If the Contracting Body is able to obtain from any Sub-Contractor or any other third party more favourable commercial terms with respect to the supply of any materials, equipment, software, goods or services used by the Supplier or the Supplier Personnel in the supply of the Goods and/or Services, then the Authority may:

  • Competitor “Competitor” means any person, firm, business or other organization or entity that designs, develops, produces, offers for sale or sells products that are in competition with the products of the Company or an Affiliate as designed, developed, produced, offered for sale or sold by the Company or an Affiliate at the time of Executive’s Separation from Service.

  • ANTI-COMPETITIVE BEHAVIOR Contractor will not collude, in any manner, or engage in any practice which may restrict or eliminate competition or otherwise restrain trade.

  • Restricted Territory Executive and Company understand and agree that Company’s business is not geographically restricted and is unrelated to the physical location of Company facilities or the physical location of any Competing Business, due to extensive use of the Internet, telephones, facsimile transmissions and other means of electronic information and product distribution. Executive and Company further understand and agree that Executive will, in part, work toward expanding Company’s markets and geographic business territories and will be compensated for performing this work on behalf of Company. Accordingly, Company has a protectable business interest in, and the parties intend the Restricted Territory to encompass, each and every location from which Executive could engage in a Competing Business in any country, state, province, county or other political subdivision in which Company has clients, employees, suppliers, distributors or other business partners or operations. If, but only if, this Restricted Territory is held to be invalid on the ground that it is unreasonably broad, the Restricted Territory shall include each location from which Executive can conduct business in any of the following locations: each state in the United States in which Company conducts sales or operations, each province within Canada in which Company conducts sales or operations, and each political subdivision of the United Kingdom in which Company conducts sales or operations. If, but only if, this Restricted Territory is held to be invalid on the grounds that it is unreasonably broad, then the Restricted Territory shall be any location within a fifty (50) mile radius of any Company office.

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