Common use of Covenant Clause in Contracts

Covenant. Employee hereby agrees that, while Employee is employed by any Consolidated Company and during a period of 12 months following the termination of Employee’s employment with all Consolidated Companies, Employee will not directly or indirectly compete (as defined in Section 8.2 below) with any the Consolidated Company or any affiliates anywhere in the United States. It is the intention of Parent, the Company and Employee that this provision be interpreted to only prevent actual competitive harm to any Consolidated Company and not otherwise hinder or restrict Employee in his efforts to find continued employment in Employee’s field of training and expertise.

Appears in 16 contracts

Samples: Employment Agreement (Altair Nanotechnologies Inc), Employment Agreement (Altair Nanotechnologies Inc), Employment Agreement (Altair Nanotechnologies Inc)

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Covenant. Employee hereby agrees that, while Employee is employed by any Consolidated Company and during a period of 12 twelve (12) months following the termination of Employee’s employment with all Consolidated Companies, Employee will not directly or indirectly compete (as defined in Section 8.2 below) with any the Consolidated Company or any affiliates anywhere in the United StatesStates or China. It is the intention of Parent, the Company and Employee that this provision be interpreted to only prevent actual competitive harm to any Consolidated Company and not otherwise hinder or restrict Employee in his efforts to find continued employment in Employee’s field of training and expertise.

Appears in 5 contracts

Samples: Employment Agreement (Altair Nanotechnologies Inc), Employment Agreement (Altair Nanotechnologies Inc), Employment Agreement (Altair Nanotechnologies Inc)

Covenant. Employee hereby agrees that, while Employee he is employed by any the Consolidated Company and during a period of 12 24 months following the termination of Employee’s his employment with all the Consolidated CompaniesCompany, Employee will not directly or indirectly compete (as defined in Section 8.2 below) with any the Consolidated Company or any its affiliates anywhere in the United States. It is the intention of Parent, the Company and Employee that this provision be interpreted to only prevent actual competitive harm to any the Consolidated Company and not otherwise hinder or restrict Employee in his efforts to find continued employment in Employee’s his field of training and expertise.

Appears in 2 contracts

Samples: Altair Executive Employment Agreement (Altair Nanotechnologies Inc), Altair Executive Employment Agreement (Altair Nanotechnologies Inc)

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Covenant. Employee hereby agrees that, while Employee he is employed by any the Consolidated Company and during a period of 12 months following the termination of Employee’s his employment with all the Consolidated CompaniesCompany, Employee will not directly or indirectly compete (as defined in Section 8.2 below) with any the Consolidated Company or any its affiliates anywhere in the United States. It is the intention of Parent, the Company and Employee that this provision be interpreted to only prevent actual competitive harm to any the Consolidated Company and not otherwise hinder or restrict Employee in his efforts to find continued employment in Employee’s his field of training and expertise.

Appears in 2 contracts

Samples: Altair Executive Employment Agreement (Altair Nanotechnologies Inc), Altair Executive Employment Agreement (Altair Nanotechnologies Inc)

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