Competitive Entity. Competitive Entity" shall mean any business in any of the fields of biotechnology, pharmaceuticals, functional foods or nutraceuticals, where such business conducts, has conducted or intends to conduct research respecting, or has commercialized or intends to commercialize, any product, formulation or compound, which in any way directly conflicts or competes with the business or research and development of the Company.
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Samples: Employment Agreement (Forbes Medi Tech Inc), Employment Agreement (Forbes Medi Tech Inc), Employment Agreement (Forbes Medi Tech Inc)
Competitive Entity. Competitive Entity" shall mean any business in any of the fields of biotechnology, pharmaceuticals, functional foods or nutraceuticals, where such business conducts, has conducted or intends to conduct research respecting, or has commercialized or intends to commercialize, any plant sterol derived product, formulation or compound, which in any way directly conflicts or competes with the business or research and development of the Company.
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