Covenant Not to Engage in Certain Activities Sample Clauses

Covenant Not to Engage in Certain Activities. For the period six months following the termination of Executive’s employment for any reason whatsoever, Executive shall not, either alone or jointly, for pay or otherwise, with or on behalf of others, whether as principal, partner, agent, shareholder, director, employee, consultant, owner, manager or otherwise, engage in, supervise, or assist others to perform the same or similar activities in which Executive was engaged during the two (2) years prior to Executive’s separation with the Employer for any reason, either directly or indirectly, for any business that is within 100 miles of the Hotel engaged in or about to be engaged in (A) gaming, (B) casino and/or hotel and resort operations or management, or (C) marketing or solicitation on behalf of any such entity. It shall not be a violation of this Agreement to perform services for a diversified business or enterprise meeting the requirements of provisions (A), (B), or (C) above if Executive does not personally engage in, supervise, or have any other involvement whatsoever in any activities described in this Section and Executive does not have an ownership interest in the business or enterprise, except that the foregoing shall not prevent Executive from holding at any time less than five percent (5%) of the outstanding capital stock of any company whose stock is publicly traded. Executive expressly acknowledges and agrees that the restrictions contained in this Section 8(e) are reasonably tailored to protect the Employer’s legitimate business interests, and are reasonable in all circumstances in scope, duration and all other respects.
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Covenant Not to Engage in Certain Activities. During the Employment Period, except for the Excluded Activities, Employee shall not (except with the Company’s prior written consent) be employed or render services for any entity other than the Company or its Affiliates or directly or indirectly engage in any activities that are competitive with or detrimental to any business conducted by the Company. In addition, except for Excluded Activities, for a period of [*] from and after any termination of Employee’s employment with the Company occurring prior to (and for reasons other than) the expiration of the Term (which prior termination occurs for any reason), Employee shall neither (except with the prior written consent of the Executive Board, which consent shall not be unreasonably withheld) be employed by or render services for any Competitive Entity for the purpose of directly or indirectly engaging in any Competitive Conduct . The prohibitions set forth in this paragraph 4(b)(i) shall apply to such activities of Employee, whether as owner, employee, independent contractor, partner, consultant, investor, lender or otherwise, and whether acting alone or together with others, except that nothing herein contained shall prohibit or prevent Employee from either (A) owning less than five percent (5%) of the number of outstanding shares of any securities listed for trading on any national exchange or (B) engaging in the Excluded Activities. “Competitive Entity” shall be defined as a business (whether conducted through an entity or by individuals including employee in self-employment) that is engaged in any Competitive Conduct, whether directly or indirectly through any parent, subsidiary, affiliate, joint venture, partnership or otherwise. “Competitive Conduct” shall be defined as any [*] (including without limitation a Company Business) which (x) are carried on in any geographic location where the Company conducts its business and (y) consist of the [*] which either have previously been (during the [*] prior) or are then being undertaken by the Company or planned and actively in the process of being developed by the Company (as evidenced by written proposals, market research, and similar materials) all as shall be determined at the time of Employee’s termination of employment.
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Covenant Not to Engage in Certain Activities. For a period of two years following the Closing, the Sellers agree as follows:
Sample 1
Covenant Not to Engage in Certain Activities. (a) In consideration of Sellers receipt of the Purchase Price for the Acquired Interests pursuant to this Agreement, each Seller severally agrees that for a period of three years from and after the Closing Date (the “Applicable Period”), such Seller will not solicit or induce any Person who is or was employed by Buyer, any of Buyer’s Affiliates, or the Acquired Interests (collectively “Buyer Entities”) (including, without limitation, the Retained Employees) at any time during such term or period (A) to interfere with the activities or businesses of Buyer Entities or (B) to discontinue his or her employment with any of Buyer Entities, nor shall such Seller employ any such Person.
Sample 1
Covenant Not to Engage in Certain Activities 
Sample 1

Related to Covenant Not to Engage in Certain Activities

  • Continuing Covenant Not to Compete or Interfere with Relationships Regardless of anything herein to the contrary, following a termination by the Bank or Executive pursuant to Section 10(e) or 10(f):

  • Covenant Not to Solicit Customers During the Restricted Period, within the Territory Executive shall not, directly or indirectly, individually or on behalf of any other person or entity (other than a member of the Bank Group), offer to provide banking services to any person, partnership, corporation, limited liability company, or other entity who is or was (i) a customer of any member of the Bank Group during any part of the twelve (12) month period immediately prior to the Date of Termination, or (ii) a potential customer to whom any member of the Bank Group offered to provide banking services during any part of the twelve (12) month period immediately prior to the Date of Termination.

  • Covenant Not to Compete or Solicit (a) The Executive recognizes that the services to be performed by him hereunder are special, unique and extraordinary. The parties confirm that it is reasonably necessary for the protection of the Corporation that the Executive agree, and accordingly, the Executive does hereby agree, that he shall not, directly or indirectly, at any time during the “Restricted Period” within the “Restricted Area” (as those terms are defined in Section 10(e) below):

  • Covenant Not to Disparage During the Restrictive Period and thereafter, Executive shall not disparage, denigrate or derogate in any way, directly or indirectly, the Company, any of its Subsidiaries or Affiliates, or any of its or their respective agents, officers, directors, employees, parent, subsidiaries, affiliates, Affiliated Practices, affiliated doctors (including any physicians who utilize or have invested in any Affiliated Practice), representatives, attorneys, executors, administrators, successors and assigns (collectively, the “Protected Parties”), nor shall Executive disparage, denigrate or derogate in any way, directly or indirectly, his/her experience with any Protected Party, or any actions or decisions made by any Protected Party.

  • Covenant Not to Compete; Non-Solicitation Executive acknowledges and recognizes the highly competitive nature of the Company’s Business and the goodwill and business strategy of the Company constitute a substantial asset of the Company. Executive further acknowledges and recognizes that during the course of the Executive’s employment Executive will receive specific knowledge of the Company’s Business, access to trade secrets and Confidential Information (as hereinafter defined), participate in business acquisitions and decisions, and that it would be impossible for Executive to work for a competitor without using and divulging this valuable Confidential Information. Executive further acknowledges that this covenant not to compete is an independent covenant within this Agreement. This covenant shall survive this Agreement and shall be treated as an independent covenant for the purposes of enforcement. Executive agrees to the following:

  • Covenant Not to Solicit Employees The Executive agrees not to solicit the services of any officer or employee of the Employer for one year after the Executive’s employment termination.

  • Covenant Not to Xxx The parties covenant that under no conditions will any party or any affiliate file any action against the other (except only requests for injunctive or other equitable relief) in any forum other than before the American Arbitration Association, and the parties agree that any such action, if filed, shall be dismissed upon application and shall be referred for arbitration hereunder with costs and attorney's fees to the prevailing party.

  • Covenant Not to Solicit If the Executive is receiving payments and benefits under Section 2 above (or subsequently becomes entitled thereto because of a termination described in Section 2(a)(ii)), then, for a period of two (2) years following the Executive’s Termination Date, the Executive shall not: (i) solicit, encourage or take any other action which is intended to induce any other employee of the Company to terminate his employment with the Company; or (ii) interfere in any manner with the contractual or employment relationship between the Company and any such employee of the Company. The foregoing shall not prohibit the Executive or any entity with which the Executive may be affiliated from hiring a former employee of the Company; provided, that such hiring results exclusively from such former employee’s affirmative response to a general recruitment effort.

  • Covenant Not to Disclose The Company and Employee recognize that, during the course of Employee's employment with the Company, the Company has disclosed and will continue to disclose to Employee Proprietary Information concerning the Company and the Affiliates, their products, their franchisees, their services and other matters concerning their Businesses, all of which constitute valuable assets of the Company and the Affiliates. The Company and Employee further acknowledge that the Company has, and will, invest considerable amounts of time, effort and corporate resources in developing such valuable assets and that disclosure by Employee of such assets to the public shall cause irreparable harm, damage and loss to the Company and the Affiliates. Accordingly, Employee acknowledges and agrees:

  • Covenant Not to Interfere The Executive agrees not to take any action which prevents the Employer from collecting the proceeds of any life insurance policy which the Employer may happen to own at the time of the Executive’s death and of which the Employer is the designated beneficiary.

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