Common use of Geographic Scope of Restriction Clause in Contracts

Geographic Scope of Restriction. The obligations of this Section 9 shall apply to any geographic area in which any of the Halliburton Entities: a. Has engaged in business by providing services and/or products for the exploration, development, and production of oil and gas, to major national, international, and independent oil and gas companies, including both United States and international locations; or b. Has otherwise established its goodwill, business reputation or any customer or supplier relations. The above notwithstanding, nothing in this Section 9 shall prohibit Employee and his affiliates from owning, as passive investors, in the aggregate not more than five percent of equity securities of any publicly held Competitive Business.