Common use of Covenants Against Competition and Solicitation Clause in Contracts

Covenants Against Competition and Solicitation. Each of the restrictions set out in this Section II.B.3(c) constitutes an entirely separate, severable and independent obligation of Grantee. They are entered into in order to safeguard the legitimate business interests of the Company and particularly the goodwill of the Company in connection with its clients, suppliers and employees. Each separate restriction applies whether Grantee undertakes the activity in question directly or indirectly through a third party and whether it is undertaken on his own behalf or on behalf of, or in conjunction with, any firm, company or person. Grantee covenants that Grantee will not for the Restricted Period:

Appears in 6 contracts

Samples: Restricted Stock Units Agreement (Trimas Corp), Performance Stock Units Agreement (Trimas Corp), Performance Stock Units Agreement (Trimas Corp)

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Covenants Against Competition and Solicitation. Each of the restrictions set out in this Section II.B.3(cII.B.4(c) constitutes an entirely separate, severable and independent obligation of Grantee. They are entered into in order to safeguard the legitimate business interests of the Company and particularly the goodwill of the Company in connection with its clients, suppliers and employees. Each separate restriction applies whether Grantee undertakes the activity in question directly or indirectly through a third party and whether it is undertaken on his own behalf or on behalf of, or in conjunction with, any firm, company or person. Grantee covenants that Grantee will not for the Restricted Period:

Appears in 4 contracts

Samples: Performance Stock Units Agreement (Trimas Corp), Restricted Stock Units Agreement (Trimas Corp), Performance Stock Units Agreement (Trimas Corp)

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