{"component": "clause", "props": {"groups": [{"snippet": "The Executive agrees that, subject to the terms and conditions of this Agreement, in the event of a Potential Change in Control during the Term, the Executive will remain in the employ of the Company until the earliest of (i) a date which is six (6) months from the date of such Potential Change in Control, (ii) the date of a Change in Control, (iii) the date of termination by the Executive of the Executive's employment for Good Reason or by reason of death, Disability or Retirement or (iv) the termination by the Company of the Executive's employment for any reason.", "samples": [{"hash": "kyzgZ1nZsgB", "uri": "/contracts/kyzgZ1nZsgB#executives-covenants", "label": "Severance Agreement (CNF Inc)", "score": 18.0, "published": true}, {"hash": "icLf2hd480T", "uri": "/contracts/icLf2hd480T#executives-covenants", "label": "Severance Agreement (CNF Inc)", "score": 18.0, "published": true}, {"hash": "i2Lr7FUo0hN", "uri": "/contracts/i2Lr7FUo0hN#executives-covenants", "label": "Severance Agreement (CNF Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [42, 80]}, {"key": "in-the-event-of-a", "type": "clause", "offset": [82, 99]}, {"key": "potential-change-in-control", "type": "definition", "offset": [100, 127]}, {"key": "during-the-term", "type": "clause", "offset": [128, 143]}, {"key": "of-the-company", "type": "clause", "offset": [185, 199]}, {"key": "the-date-of-a-change-in-control", "type": "clause", "offset": [313, 344]}, {"key": "termination-by-the-executive", "type": "clause", "offset": [364, 392]}, {"key": "of-the-executive", "type": "clause", "offset": [393, 409]}, {"key": "for-good-reason", "type": "definition", "offset": [423, 438]}, {"key": "by-reason-of-death", "type": "clause", "offset": [442, 460]}, {"key": "disability-or-retirement", "type": "clause", "offset": [462, 486]}, {"key": "termination-by-the-company", "type": "clause", "offset": [499, 525]}, {"key": "for-any-reason", "type": "clause", "offset": [556, 570]}], "size": 27, "hash": "4044f064d38de37f1145fd0c4c3877dc", "id": 1}, {"snippet": "In consideration of the Company's promises to ---------------------- Executive in this Agreement, the sufficiency of which Executive acknowledges, Executive covenants as follows:\n(a) The Executive for so long as he or she remains an employee of the Company or any Related Entity and for a period of 12 months after the Termination Date (the \"Non-Competition Period\") will not, nor will he or she permit any person, firm, corporation, partnership or other entity that directly or indirectly controls, is controlled by or is under common control with the Executive to, directly or indirectly:\n(i) solicit for employment any employee of the Company or any Related Entity (and it shall be presumed to be a violation of this covenant if a subsequent employer of Executive hires an employee of the Company or any Related Entity unless Executive can demonstrate to the Company's reasonable satisfaction that the Executive had no knowledge of or participation in the solicitation and hiring of the employee);\n(ii) solicit the business of any customer of the Company or any Related Entity with respect to businesses of the type referred to in subsection 10(a)(iii) hereof;\n(iii) engage in any business of the type conducted as of the date hereof by the Company or any Related Entity, which shall be limited to Internet banking and electronic bill presentment and payment software or services;\n(\u2587v) engage in any business substantially similar to that of the Company or any Related Entity in a geographic area within fifty (50) miles of the offices of the Company or Related Entity at which the Executive was previously located;\n(v) make any direct or indirect investment in any person, firm, corporation, partnership or other entity that engages or proposes to engage in the business of the Company or any Related Entity; or\n(vi) make any comments, whether written or unwritten, which disparage the services and products provided by the Company or any Related Entity or which are critical of the performance or professionalism of the officers, employees, and Boards of Directors of the Company or any Related Entity; provided, however, that this Section 10(a) shall not be construed to prohibit the Executive from owning less than an aggregate of 5% of any class of capital stock of any corporation that is traded on a national securities exchange or inter-dealer quotation system.\n(b) Executive agrees to hold in a fiduciary capacity for the benefit of the Company and the Related Entities all secret or confidential information, knowledge or data relating to the Company or any Related Entity which shall have been obtained by Executive during Executive's employment by the Company or any Related Entity and which shall not be or become public knowledge (other than by acts of Executive or representatives of Executive in violation of this subsection (b)). After termination of Executive's employment with the Company and each Subsidiary, Executive shall not, without the prior written consent of the Company or as may be required by law or legal process, communicate or divulge any such information, knowledge or data to anyone other than the Company or a Related Entity and those designated by the Company or a Related Entity. Executive's covenant under this subsection (b) is effective regardless of whether Executive receives or becomes entitled to receive benefits under this Agreement.", "samples": [{"hash": "hwNw2otqzzc", "uri": "/contracts/hwNw2otqzzc#executives-covenants", "label": "Change in Control Severance Agreement (Intelidata Technologies Corp)", "score": 18.0, "published": true}, {"hash": "hq92pTo8ZJH", "uri": "/contracts/hq92pTo8ZJH#executives-covenants", "label": "Change in Control Severance Agreement (Intelidata Technologies Corp)", "score": 18.0, "published": true}, {"hash": "h0884BPZhAF", "uri": "/contracts/h0884BPZhAF#executives-covenants", "label": "Change in Control Severance Agreement (Intelidata Technologies Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "consideration-of-the-company", "type": "clause", "offset": [3, 31]}, {"key": "in-this-agreement", "type": "definition", "offset": [79, 96]}, {"key": "executive-acknowledges", "type": "clause", "offset": [123, 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"offset": [2979, 3001]}, {"key": "required-by-law", "type": "definition", "offset": [3015, 3030]}, {"key": "legal-process", "type": "definition", "offset": [3034, 3047]}, {"key": "such-information", "type": "definition", "offset": [3076, 3092]}, {"key": "to-receive", "type": "definition", "offset": [3343, 3353]}, {"key": "benefits-under-this-agreement", "type": "clause", "offset": [3354, 3383]}], "size": 26, "hash": "58a1ee51ee88a026983f10653485ddfb", "id": 2}, {"snippet": "The Executive hereby agrees to the following:", "samples": [{"hash": "k2hzdpYg2xp", "uri": "/contracts/k2hzdpYg2xp#executives-covenants", "label": "Separation Pay Agreement (Wright Medical Group Inc)", "score": 26.3251190186, "published": true}, {"hash": "6vZ3QjRjSm6", "uri": "/contracts/6vZ3QjRjSm6#executives-covenants", "label": "Separation Pay Agreement (Wright Medical Group Inc)", "score": 26.3251190186, "published": true}, {"hash": "iccdR3F11fK", "uri": "/contracts/iccdR3F11fK#executives-covenants", "label": 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for any reason.", "samples": [{"hash": "fmQxgp1R1aR", "uri": "/contracts/fmQxgp1R1aR#executives-covenants", "label": "10 K Annual Report", "score": 24.578371048, "published": true}, {"hash": "lnqxHtKVZBN", "uri": "/contracts/lnqxHtKVZBN#executives-covenants", "label": "Change in Control Agreement (Aspen Technology Inc /Ma/)", "score": 18.0, "published": true}, {"hash": "lTxN945QK6g", "uri": "/contracts/lTxN945QK6g#executives-covenants", "label": "Change in Control Agreement (Aspen Technology Inc /De/)", "score": 18.0, "published": true}], "snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [42, 80]}, {"key": "in-the-event-of-a", "type": "clause", "offset": [82, 99]}, {"key": "potential-change-in-control", "type": "definition", "offset": [100, 127]}, {"key": "during-the-term-of-this-agreement", "type": "clause", "offset": [128, 161]}, {"key": "of-the-company", "type": "clause", "offset": [203, 217]}, {"key": "six-months", "type": "definition", "offset": [260, 270]}, {"key": "potential-change-of-control", "type": "definition", "offset": [293, 320]}, {"key": "the-date-of-a-change-in-control", "type": "clause", "offset": [327, 358]}, {"key": "termination-by-the-executive", "type": "clause", "offset": [378, 406]}, {"key": "of-the-executive", "type": "clause", "offset": [407, 423]}, {"key": "for-good-reason", "type": "definition", "offset": [437, 452]}, {"key": "definition-of-good-reason", "type": "clause", "offset": [548, 573]}, {"key": "death-or-retirement", "type": "clause", "offset": [589, 608]}, {"key": "termination-by-the-company", "type": "clause", "offset": [622, 648]}, {"key": "for-any-reason", "type": "clause", "offset": [679, 693]}], "size": 19, "hash": "4e67e4e856aa3119bf795a801afd0309", "id": 4}, {"snippet": "In consideration of the Company\u2019s agreement to pay the benefits in accordance with Section 2 and in recognition of the services that the Executive provides to the Company and its Affiliates that are conducting, or intend to conduct, business in worldwide markets, the Executive agrees to the covenants set forth in this Section 3.", "samples": [{"hash": "djpdfto1c9R", "uri": "/contracts/djpdfto1c9R#executives-covenants", "label": "Severance Agreement (Tredegar Corp)", "score": 28.1457901001, "published": true}, {"hash": "eRstppxjaD7", "uri": "/contracts/eRstppxjaD7#executives-covenants", "label": "Severance Agreement (Tredegar Corp)", "score": 26.4893913269, "published": true}, {"hash": "jkSSAErqi4U", "uri": "/contracts/jkSSAErqi4U#executives-covenants", "label": "Severance Agreement (Tredegar Corp)", "score": 25.1095142365, "published": true}], "snippet_links": [{"key": "consideration-of-the-company", "type": "clause", "offset": [3, 31]}, {"key": "agreement-to-pay", "type": "definition", "offset": [34, 50]}, {"key": "the-benefits", "type": "clause", "offset": [51, 63]}, {"key": "in-accordance-with", "type": "clause", "offset": [64, 82]}, {"key": "section-2", "type": "clause", "offset": [83, 92]}, {"key": "recognition-of", "type": "clause", "offset": [100, 114]}, {"key": "the-services", "type": "definition", "offset": [115, 127]}, {"key": "the-executive", "type": "clause", "offset": [133, 146]}, {"key": "company-and-its-affiliates", "type": "clause", "offset": [163, 189]}, {"key": "agrees-to", "type": "clause", "offset": [278, 287]}, {"key": "the-covenants", "type": "definition", "offset": [288, 301]}, {"key": "section-3", "type": "definition", "offset": [320, 329]}], "size": 14, "hash": "13ead88e0a2090a910eb84298ecca8d8", "id": 5}, {"snippet": "11.1 The Executive shall not, without the prior written consent of the Company, be or become directly or indirectly engaged or concerned or interested in any other business, trade, profession or occupation or undertake any work for any other person, firm or company whether paid or unpaid during his employment hereunder. However nothing herein shall prevent the Executive from holding, or otherwise having an interest in, any shares or other securities of any company for investment purposes only, unless that holding is a significant one in a company that is a material competitor of any member of the Unilever Group.\n11.2 The Executive shall not, for the period of six months following the Termination Date, work for or be engaged by, or otherwise be involved with, any material competitors, suppliers, customers or partners of the Company or of any member of the Unilever Group, without the prior written consent of the Company, which consent will not be unreasonably withheld.", "samples": [{"hash": "2Zk1UBeL9HZ", "uri": "/contracts/2Zk1UBeL9HZ#executives-covenants", "label": "Contract of Employment (Unilever N V)", "score": 30.1882266998, "published": true}, {"hash": "jsJSXMSJ8AV", "uri": "/contracts/jsJSXMSJ8AV#executives-covenants", "label": "Contract of Employment (Unilever N V)", "score": 29.1587944031, "published": true}, {"hash": "7iVHz98lQSD", "uri": "/contracts/7iVHz98lQSD#executives-covenants", "label": "Director's Service Contract (Unilever PLC)", "score": 21.0, "published": true}], "snippet_links": [{"key": "the-executive", "type": "clause", "offset": [5, 18]}, {"key": "consent-of-the-company", "type": "clause", "offset": [56, 78]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [93, 115]}, {"key": "any-other-business", "type": "clause", "offset": [154, 172]}, {"key": "work-for", "type": "definition", "offset": [223, 231]}, {"key": "any-other-person", "type": "definition", "offset": [232, 248]}, {"key": "firm-or-company", "type": "definition", "offset": [250, 265]}, {"key": "an-interest", "type": "clause", "offset": [407, 418]}, {"key": "other-securities", "type": "definition", "offset": [437, 453]}, {"key": "investment-purposes-only", "type": "clause", "offset": [473, 497]}, {"key": "member-of-the", "type": "clause", "offset": [590, 603]}, {"key": "unilever-group", "type": "definition", "offset": [604, 618]}, {"key": "period-of", "type": "definition", "offset": [658, 667]}, {"key": "six-months", "type": "definition", "offset": [668, 678]}, {"key": "following-the-termination-date", "type": "clause", "offset": [679, 709]}, {"key": "material-competitors", "type": "definition", "offset": [773, 793]}], "size": 9, "hash": "1f87506d1b4eb72e667f787122e1e0ab", "id": 6}, {"snippet": "12.1 The Executive acknowledges that during the course of his employment with the Company he will receive and have access to Confidential Information of the Company and its Associated Companies (including without limitation those matters specified in Clause 10.2 of this Agreement, as well as detailed client/customer lists and information relating to the operations and business requirements of those clients/customers) and accordingly he is willing to enter into the covenants described in Clauses 12.2 and 12.3 in order to provide the Company and its Associated Companies with what he considers to be reasonable protection for those interests.\n12.2 The Executive hereby covenants with the Company that during the term of his employment he will not either directly or indirectly engage or participate in any activity competitive with or adverse to the business or interests of the Company or any of its Associated Companies.\n12.3 The Executive hereby covenants with the Company that he will not for the period of 12 months after the Executive's last active day of employment without prior written consent of the Chief Executive Officer or the Board of Directors, directly or indirectly:\n12.3.1 carry on or set up or be employed or engaged by or otherwise assist in or be interested in any capacity (including without limitation as a shareholder) in any line of business in competition with any line of business which is part of the Business of the Group with which the Executive has had involvement and which the Company or any Associated Company is carrying on during the 12 months preceding the Executive's last active day of employment; or\n12.3.2 carry on or set up or be employed or engaged by or otherwise assist in or be interested in any capacity (including without limitation as a shareholder) a business which competes or will compete with any business of the Company or any Associated Company which is planned or contemplated at the date of the Executive's last active day of employment in any country in which the business is planned or contemplated to operate and which plans the Executive has been involved with to a material extent; or\n12.3.3 in connection with the carrying on of any business which is in competition with the Business of the Group canvass, solicit or approach or cause to be canvassed or solicited or approached for orders in respect of any services provided and/or any goods sold by the Company or any Associated Company any person, firm or company who or which at the date of the Executive's last active day of employment or at any time during the period of 12 months prior to that date is a supplier, customer or client of the Company or any Associated Company and with whom or which the Executive shall have had dealings during the course of his employment; or\n12.3.4 in connection with the carrying on of any business in competition with the Business of the Group do business with any person, firm or company who or which has at any time during the period of 12 months immediately preceding the date of the Executive's last active day of employment done business with the Company or any Associated Company as a supplier, customer or client or distributor or consultant and with whom or which the Executive shall have had dealings during the course of his employment; or\n12.3.5 solicit, entice away or hire or endeavor to solicit or entice away from the Company or any Associated Company any person who at the date of the Executive's last active day of employment or at any time during the period of six months prior to that date is employed or engaged by the Company or any Associated Company as a head of any function, the direct report of such function head, or in any other key technical, marketing or sales position and with whom the Executive shall have had contact during the course of his employment (whether or not such person would commit a breach of his contract of employment by so doing).\n12.4 The Executive hereby agrees that he will at the cost of the Company enter into a direct agreement or undertaking with any Associated Company whereby he will accept restrictions and provisions corresponding to the restrictions and provisions in Clause 12.3 above (or such of them as may be appropriate in the circumstances) in relation to such activities and such country or countries as such Associated Company may reasonably require for the protection of its legitimate business interests.\n12.5 Notwithstanding the generality of the covenants contained in Clause 12.3.1 those covenants shall apply only with respect to those countries in which the Company or any Associated Company has transacted any business during the 12 months prior to the date of Executive's last active day of employment in which the Executive has been involved, except that during the 12-month period after the Executive's last active day of employment the Executive may not be engaged or employed by or render any services to or for the benefit of Dendrite International or Sales Technologies or any of their respective affiliated companies wherever located, except with the prior consent of the Chief Executive Officer or the Board of Directors or as the result of a merger, consolidation, sale of stock or assets or other business combination between such entity and the Company or an Associated Company.\n12.6 Nothing herein shall prohibit the Executive from holding directly or through nominees up to two percent of the outstanding stock of any publicly held and traded company solely for investment purposes.\n12.7 The covenants 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After termination of the Executive\u2019s employment with the Bank or the Company, the Executive shall not, without the prior written consent of the Bank or the Company or as may otherwise be required by law or legal process, communicate or divulge any such information, knowledge or data to anyone other than the Company or any Subsidiary and those persons designated by the Bank or the Company. 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The Executive further agrees, during the course of his employment with his Employer and afterwards, to keep confidential and refrain from using, directly or indirectly, all information known or used by the Employer in its business that is not publicly known. The confidential information shall specifically include, but shall not be limited to: Business opportunities, including all ventures consider by the Employer, whether or not they are pursued. Customer information, including customer names and addresses, markets, knowledge of the Employer\u2019s contracts with the customers and details of pricing, estimating and supply strategies; Financial information, including the Employer\u2019s costs, sales, income, profits, salaries and wages. The Executive acknowledge that the covenants contained in paragraphs 19 and 20 above are reasonable on the part of the Employer and shall survive the termination of this Agreement. 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