Limitations on Competition Sample Clauses

Limitations on Competition. Borrower is not a party to any written or oral contract which limits its right to freely engage in any line of business related or similar to its business, or to freely compete with any person anywhere in the world. Borrower has entered into written agreements with all of its senior executives prohibiting competition with Borrower, in forms provided to Lender.

Limitations on Competition. 11 Section 10.01

Limitations on Competition. You hereby agree, in consideration of the Company’s agreement to engage you as a consultant hereunder and your compensation for services rendered to the Company and in view of the confidential position to be held by you, and the confidential nature and proprietary value of the information which the Company may share with you, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, as follows: Except as otherwise indicated in this Agreement, you shall not, without the prior written consent of the Company: (i) For yourself or on behalf of any other, directly or indirectly, either as principal, agent, stockholder, employee, consultant, representative or in any other capacity, own, manage, operate or control, or be concerned, connected or employed by, or otherwise associate in any manner with, engage in or have a financial interest in any business whose primary line of business is in the Company’s Field of Interest, or in any other business in which you have any direct operating or scientific responsibility, as a consultant, employee or otherwise, in the Company’s Field of Interest anywhere in the world (hereinafter, the “Restricted Territory”), except that nothing contained herein shall preclude you from purchasing stock in any such competitive business if such stock is publicly traded, and provided that your holdings do not exceed three (3%) percent of the issued and outstanding capital stock of such business. (ii) Either individually or on behalf of or through any third party, solicit, divert or appropriate or attempt to solicit, divert or appropriate, for the purpose of competing in the Company’s Field of Interest with the Company or any present or future parent, subsidiary or other affiliate of the Company which is engaged in the Company’s Field of Interest, any joint venture or collaborative research partners, customers or patrons of the Company, or any prospective customers or patrons with respect to which the Company has developed or made a presentation for the use or exploitation of products or processes in the Company’s Field of Interest (or similar offering of services), located within the Restricted Territory. (iii) Either individually or on behalf of or through any third party, directly or indirectly, solicit, entice or persuade or attempt to solicit, entice or persuade any other employees or of consultants to the Company or any present or future parent, subsidiary or affiliate of the Company to...

Limitations on Competition. In consideration of the rights and benefits Executive will receive under this Agreement, from the date of this Agreement through the date that is (i) one (1) year after the Date of Termination for a termination pursuant to Section 7(i) or Section 7(vi); (ii) one (1) year after the termination of this Agreement due to non-extension of the Agreement by the Executive pursuant to Section 2; or (iii) eighteen (18) months after the Date of Termination for a termination pursuant to Section 7(iv) or Section 7(v), Executive shall not, directly or indirectly, alone or in conjunction with any other Person accept or take a

Limitations on Competition. Subject to sub- section (g), the Participant will not, without the Company's written consent, as a businessperson, directly or indirectly, be a share- holder, principal, agent, partner, officer, director, employee or consultant of SUPERVALU, Inc., Nash Finch Company, Richfood Holdings, Inc. or any ot▇▇▇ d▇▇▇▇▇ competitor of the Company, excluding national retail chains, or of any subsidiary, affiliate or successor of any direct competitor of the Company (collectively, the "Competitors"); provided, however, that nothing in this subsection (a) is intended to preclude the Participant from being employed or otherwise acting in the capacity of a lawyer on behalf of any of the Competitors unless such employment or activity would result in a breach of his conflict of interest and/or confidentiality obligations as an attorney or former attorney and an officer or former officer of the Company or any of its Subsidiaries or based on the confidentiality requirements contained in subsection (b).

Limitations on Competition. The Participant and the Company recognize and agree that the in addition to Participant's general duties with the Company, the Participant has significant duties related to the Company's Project Grow. Subject to subsection (g), the Participant will not, without the Company's written consent, (i) directly or indirectly, in association with or as a shareholder, principal, agent, partner, officer, director, employee or consultant of any direct competitor, or of any subsidiary, affiliate or successor of any direct competitor, of (x) the Company, any Subsidiary or of the type of business contemplated by, or developed in connection with, Project Grow, or (y) any of the limited assortment stores owned by the Company or any of its Subsidiaries or affiliates or targeted to be acquired, or developed, by the Company or any of its Subsidiaries or affiliates or (ii) be employed by any entity to develop the type of business contemplated by Project Grow (collectively, the "Competitors").

Limitations on Competition. Subject to sub- section (g), the Participant will not, without the Company's written consent, directly or indirectly, in association with or as a share- holder, principal, agent, partner, officer, director, employee or consultant of any other retail chain or any subsidiary or affiliate of any such retail chain, engage in the business of the retail sale of food and related products within the Standard Metropolitan Statistical Areas (the "SMSA's") in which the Participant is, and/or on his/her date of termination/separation was, employed by the Company or one of its Subsidiaries, or in which the Company or any of its Subsidiaries during his/her employment is, and/or on his/her date of termination/ separation was, actively soliciting business.

Limitations on Competition. Subject to subsection (d), the Participant will not, during his employment with the Company and until the first anniversary of his date of termination/separation from employment with the Company, without the Company's written consent, directly or indirectly, be a shareholder, principal, agent, partner, officer, director, employee or consultant of SUPERVALU, Inc., ▇▇▇▇ ▇▇▇▇▇ Company, Associated Wholesale Grocers, Inc., Richfood Holdings, Inc. or any other direct competitor of the Company, excluding national retail chains, or any of their respective subsidiaries, affiliates or successors (the "Competitors").

Limitations on Competition. The Consultant acknowledges the competitive and proprietary nature of the Company’s research and business operations and agrees that, during the Term and for a period of (1) year following afterwards, the Consultant will not, without the prior written consent of the Company: (i) In any capacity, directly or indirectly, own, manage, operate or control, or be connected or employed by, or otherwise associate in any manner with, engage in or have a financial interest in, any business whose primary line of business is in the Field of Interest anywhere in the world, except that nothing contained herein shall preclude (A) purchasing or owning stock in any such competitive business if such stock is publicly traded, provided that Consultant’s holdings do not exceed three percent (3%) of the issued and outstanding capital stock of such business, (B) serving on the Board of Directors of a publicly traded company if Consultant’s responsibilities do not include scientific input or direction in the Field of Interest, or (C) performance of his employment obligations to the Institute. For the purposes of this Agreement, the term “Field of Interest” means the research, development, manufacture or sale of prophylactic, therapeutic or diagnostic products for diseases of proteostasis dysfunction where manipulation of the proteostasis network with small molecules or biologicals is being used to prevent, treat, ameliorate or diagnose the disease.