Common use of Limitation on Outside Activities Clause in Contracts

Limitation on Outside Activities. During his employment, Xxxxxx shall devote his full occupational time, energies, abilities, knowledge and experience to the performance of his duties under this agreement and shall not render to others services of any kind for compensation or engage in any other business activity without the Company's prior written consent. Xxxxxx shall not, directly or indirectly, whether as a partner, employee, creditor, shareholder or otherwise, promote, participate or engage in any business activity competitive with the Company or its subsidiaries, affiliates, co-venturers, customers or assigns. Xxxxxx shall not take any action to establish, form, assist or become employed by any such competing business on termination of Xxxxxx'x employment. Xxxxxx'x breach of any of the provisions of this paragraph shall give the Company the right, in addition to all other remedies the Company may have, to terminate the employment and to cancel and/or terminate any and all compensation and benefits to which Xxxxxx might otherwise be entitled under this agreement.

Limitation on Outside Activities. During his employment, Xxxxxx XXXX shall devote his full occupational time, energies, abilities, knowledge and experience to the performance of his duties under this agreement and shall not render to others services of any kind for compensation or engage in any other business activity without the Company's prior written consent. Xxxxxx XXXX shall not, directly or indirectly, whether as a partner, employee, creditor, shareholder or otherwise, promote, participate or engage in any business activity competitive with the Company or its subsidiaries, affiliates, co-venturers, customers or assigns. Xxxxxx XXXX shall not take any action to establish, form, assist or become employed by any such competing business on termination of Xxxxxx'x XXXX'x employment. Xxxxxx'x XXXX'x breach of any of the provisions of this paragraph shall give the Company the right, in addition to all other remedies the Company may have, to terminate the employment and to cancel and/or terminate any and all compensation and benefits to which Xxxxxx XXXX might otherwise be entitled under this agreement.

Limitation on Outside Activities. During his employment, Xxxxxx Xxxxx shall devote his full occupational time, energies, abilities, knowledge and experience to the performance of his duties under this agreement and shall not render to others services of any kind for compensation or engage in any other business activity without the Company's prior written consent. Xxxxxx Xxxxx shall not, directly or indirectly, whether as a partner, employee, creditor, shareholder or otherwise, promote, participate or engage in any business activity competitive with the Company or its subsidiaries, affiliates, co-venturers, customers or assigns. Xxxxxx Xxxxx shall not take any action to establish, form, assist or become employed by any such competing business on termination of Xxxxxx'x Xxxxx'x employment. Xxxxxx'x Xxxxx'x breach of any of the provisions of this paragraph shall give the Company the right, in addition to all other remedies the Company may have, to terminate the employment and to cancel and/or terminate any and all compensation and benefits to which Xxxxxx Xxxxx might otherwise be entitled under this agreement.