No Competing Business. In consideration for the benefits and Confidential Information received by Executive pursuant to this Agreement, during the Noncompetition Period, Executive shall not, except as permitted by Section 12 of this Agreement, directly or indirectly own, manage, operate, control, invest or acquire an interest in, or otherwise engage or participate (whether as a proprietor, partner, employee, shareholder, member, director, officer, executive, joint venturer, investor, consultant, agent, sales representative, broker or other participant) in any Competitive Business operating in or soliciting business from CGX’s Market, without regard to (a) whether the Competitive Business has its office or other business facilities within CGX’s Market, (b) whether any of the activities of Executive referred to above occur or are performed within CGX’s Market or (c) whether Executive resides, or reports to an office, within CGX’s Market.
No Competing Business. Neither Parent nor any of Parent’s “affiliates” (under and as defined in the FPA and the rules and regulations of FERC promulgated thereunder) owns or operates “inputs to electric power production” as defined in 18 C.F.R. 35.36(a)(4).
No Competing Business. During the term of this Agreement, and for a period of one year after the termination of this Agreement, regardless of the reason for such termination, Contractor agrees to not, directly or indirectly, engage in any business that is in competition with the Company, engaged in a similar business model, within the geographic area being served by the Company. Contractor also agrees not to plan or otherwise take any preliminary steps, either alone or in concert with others, to set up or engage in any business enterprise that would be in competition with the Company. For purposes of this Agreement, the Company is in the business of providing products and services to facilitate and enhance sales of real estate, including real estate brokerage services, title and property insurance services, and mortgage brokerage services and may engage in other or additional businesses over time.
No Competing Business. Director hereby agrees that during the Restricted Period, except as permitted by Section 5 of this Agreement, Director will not directly or indirectly own, manage, operate, Control, invest or acquire an interest in, or otherwise engage or participate in (whether as a proprietor, partner, stockholder, director, officer, Key Employee, joint venturer, investor or other participant in) any Competitive Business in the ABC Market, without regard to (a) whether the Competitive Business has its office or other business facilities within the ABC Market; (b) whether any activity of Director referred to above itself occurs or is performed within the ABC Market; or (c) whether Director resides or reports to an office within the ABC Market.
No Competing Business. Seller hereby agrees that for a period of one (1) year after the date hereof, except as permitted by Section 5 of this Agreement, Seller will not directly or indirectly own, manage, operate, control, invest or acquire an interest in, or otherwise engage or participate in (whether as a proprietor, partner, stockholder, director, officer, Key Employee, joint venturer, investor or other participant in) any Competitive Business in the Buyer Market, without regard to (a) whether the Competitive Business has its office or other business facilities within the Buyer Market; (b) whether any activity of Seller referred to above itself occurs or is performed within the Buyer Market; or (c) whether Seller resides or reports to an office within the Buyer Market.
No Competing Business. Neither Seller nor any officer, director or Shareholder of Seller has any direct or indirect equity interest in any Person that competes with or conducts any business similar to that of Seller, other than equity interests in such Persons that are listed for trading on a national securities exchange or in the NASDAQ Stock Market and which represent not more than 1% of the outstanding voting power of any such Person.
No Competing Business. Employee hereby agrees that during the Employment Period and for a period of two (2) years following termination of the Employment Period, regardless of whether this Agreement is terminated for Cause, or as a result of the natural termination of the Employment Period, except as permitted by Section 10 of this Agreement, the Employee will not directly or indirectly own, manage, operate, control, invest or acquire an interest in, or otherwise engage or participate in (whether as a proprietor, partner, stockholder, director, officer, employee, joint venture, investor, sales representative or other participant in) any Competitive Business in Intercargo's Market, without regard to (a) whether the Competitive Business has its office or other business facilities within Intercargo's Market, (b) whether any of the activities of the Employee referred to above itself occurs or is performed within Intercargo's Market or (c) whether the Employee resides, or reports to an office, within Intercargo's Market.
No Competing Business. Clintec hereby agrees that during the period commencing on the Closing Date and ending on the fifth anniversary of the Closing Date (the "Restricted Period"), Clintec will not directly or indirectly own, manage, operate, control, invest or acquire an interest in, or otherwise engage or participate in (whether as a proprietor, partner, stockholder, joint venturer, investor or other participant) in the development or sale of (i) the Compounds or the Other Compounds, except for Clinical Nutrition Products (as defined in the License Agreement), in the field of Nutrition (as defined in the License Agreement), or as otherwise expressly permitted by the License Agreement, or (ii) products or compounds that have as their principal purpose Pharmaceutical Applications (as defined in the License Agreement) for the purpose of manipulating glutathione levels for human therapeutic, prophylactic or other medical purposes anywhere in the world, or grant any license to any third party to do any of the foregoing, except as expressly permitted by the License Agreement (any such development or sale being herein referred to as a "Restricted Business"). It is anticipated that a number of products and compounds may be both a Clinical Nutrition Product and have Pharmaceutical Applications and this Section 5.1 shall not apply to the development or sale of such products or compounds. This section only applies to Clintec and in no way places any restrictions on any of Clintec's general partners or their affiliates, subsidiaries, and related companies.
No Competing Business. Neither IPH nor any of IPH’s “affiliates” (under and as defined in the FPA and the rules and regulations of FERC promulgated thereunder) owns or operates “inputs to electric power production” as defined in 18 C.F.R. 35.36(a)(4), except sites for generation capacity development that have been or will be reported to FERC in accordance with FERC’s rules and regulations.
No Competing Business. Employee hereby agrees to adhere to the non-competition policy of the Company as acknowledged by the Employee.
