Common use of Excepted Activities Clause in Contracts

Excepted Activities. Notwithstanding any provision of this Agreement to the contrary, Seller shall not be prohibited or restricted by this Agreement from performing or engaging in any activity that does not constitute Competition with a Covered Party, which the Covered Parties agree shall include any of the following: (i) performing speaking engagements and receiving honoraria in connection with such engagements; (ii) becoming and performing as a director of a private or public company not engaged in Competition with a Covered Party; or (iii) becoming and performing as an employee, officer, member or director of a non-profit organization, trade association or industry group.