During Employment Period. During the Employment Period, the Executive shall not, without the prior written consent of the Company, which consent may be withheld at the sole and reasonable discretion of the Company, engage in any other business activity for gain, profit, or other pecuniary advantage (excepting the investment of funds in such form or manner as will not require any services on the part of the Executive in the operation of the affairs of the companies in which such investments are made) or engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, manager, or otherwise, with the operation, management, or conduct of any business that competes with the Business.
During Employment Period. During the Employment Period, the Executive shall not, without the Company’s prior written consent, which consent may be withheld in the Company’s sole and reasonable discretion, directly or indirectly, solicit, contact, interfere with, or divert any Customer of the Company (as defined below) or any of its affiliates or subsidiaries for the purpose of selling to those Customers any products or services whatsoever. For the purposes of this Section 18: a “Customer” shall mean any person who has purchased services or products from the Company, its Affiliates or subsidiaries, during any time during the Employment Period or, to the knowledge of the Executive, at any time prior to the Employment Period; and “Affiliates” shall mean entities controlling, controlled by or under common control with the Company.
During Employment Period. During the Term, the Executive shall not, without the prior written consent of the Corporation, engage in any other business activity for gain, profit, or other pecuniary advantage (excepting the investment of funds in such form or manner as will not require any services on the part of the Executive in the operation of the affairs of the companies in which such investments are made) or engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, Executive, creditor, or otherwise, with the operation, management, or conduct of any business that competes with or is of a nature similar to that of the Corporation.
During Employment Period. During the Employment Period, the Key Employee shall not, without the prior written consent of the Company, which consent may be withheld at the sole discretion of the Company, engage in any other business activity for gain, profit, or other pecuniary advantage (excepting the investment of funds in such form or manner as will not require any services on the part of the Key Employee in the operation of the affairs of the companies in which such investments are made) or engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, or otherwise, with the operation, management, or conduct of any business that competes with or is of a nature similar to that of the Company.
During Employment Period. During the Employment Period, Bxxxx shall not, without the prior written consent of the Company, engage in any other business activity for gain, profit, or other pecuniary advantage (excepting the investment of funds in such form or manner as will not require any services on the part of Bxxxx in the operation of the affairs of the companies in which such investments are made) or engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, or otherwise, with the operation, management, or conduct of any business that competes with or is of a nature similar to that of the Company. (b)
During Employment Period. Executive expressly agrees that, in view of the fact that this Agreement is ancillary to the sale of a business, that during the Employment Period , except with the prior written consent of the Board, the Executive will not
During Employment Period. Subject to the terms and conditions provided in this Agreement, the Company hereby agrees, during the Employment Period, to employ the Executive as its Interim President and Chief Executive Officer. The Executive hereby agrees to accept such employment during the Employment Period.
During Employment Period. During the Employment Period, the Executive shall not engage its services for a firm or business that directly or indirectly competes with the business activities of the Company and its subsidiaries, nor engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, or otherwise, with the operation, management, or conduct of any business that competes with or is of a nature similar to that of the Company.
During Employment Period. During the Employment Period, the Executive shall not, without the prior written consent of the Company, which consent may be withheld at the sole and reasonable discretion of the Company, engage in any other business activity for gain, profit, or other pecuniary advantage (excepting the investment of funds in such form or manner as will not require any services on the part of the Executive in the operation of the affairs of the companies in which such investments are made) or engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, or otherwise, with the operation, management, or conduct of any business that competes with the Business of the Company. The Executive may devote reasonable time to charitable or community activities or serve on corporate, civic, educational or charitable boards or committees provided that such activities are approved in advance by the Board (or by the Chairperson of a Committee selected by the Board) in its sole discretion and do not interfere in a material manner with the performance of the Executive’s responsibilities under this Agreement.
During Employment Period. Prior to the end of the Term, a “Separation” shall occur upon, and shall be defined as: (i) Employee’s resignation, Disability or death, or (ii) the Vice President of Global Sales and Marketing of the Company providing written notice of termination of Employee’s employment to Employee (which termination may be with or without Cause). If a Separation occurs prior to the end of the Term as a result of termination by the Company without Cause pursuant to clause (ii), above, and the Employee executes and delivers to the Company within twenty-one (21) days following the Separation Date a general release in the form (subject to any changes that may be reasonably required to effectuate a valid release/waiver under the Age Discrimination in Employment Act of 1967, as amended, and a release of all other claims (known or unknown) against the Company and its Affiliates) of Exhibit A attached hereto (the “General Release”), and does not revoke such General Release within seven (7) days of its execution, then, during the Severance Period, the Company shall continue to pay to Employee an amount equal to the Severance Amount, provided, that the expiration of the Term shall not constitute a termination by the Company without Cause.
