Common use of Duty not to Compete Clause in Contracts

Duty not to Compete. I understand that my employment with the Company requires my undivided attention and effort. As a result, during my employment, I will not, without the Company’s express prior written consent, engage in any employment or business other than for the Company. Additionally, I will not invest in or assist in any manner any business which directly or indirectly competes with the business or future business plans of the Company, except that I may own up to one percent (1%) of the stock of a publicly-held company.

Appears in 4 contracts

Samples: Separation Agreement and General Release (Formfactor Inc), Separation Agreement and General Release (Formfactor Inc), Separation Agreement and General Release (Formfactor Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.