Common use of No Diversion Clause in Contracts

No Diversion. The Employee covenants and agrees that (i) during the Employee’s employment with the Employer, and (ii) for the Post-Termination Period, the Employee shall not intentionally divert or attempt to divert or take advantage of or attempt to take advantage of any actual or potential business opportunities of the Employer in which it has a current interest or expectancy (e.g., joint ventures, other business combinations, investment opportunities, relationships with contractors, customers, suppliers and vendors of the Employer, and other similar opportunities) which the Employee became aware of as the result of and during the Employee’s employment with the Employer. Notwithstanding anything to the contrary in the foregoing, this shall not limit the Employee from investing in or serving on the board of directors of any entity that is not in the Field.

Appears in 4 contracts

Samples: Employment Agreement (InfrastruX Group, Inc.), Employment Agreement (InfrastruX Group, Inc.), Employment Agreement (InfrastruX Group, Inc.)

AutoNDA by SimpleDocs

No Diversion. The Employee covenants and agrees that (i) during the Employee’s employment with the Employer, and (ii) for the Post-Termination Period, the Employee shall not intentionally divert or attempt to divert or take advantage of or attempt to take advantage of any actual or potential business opportunities of the Employer in which it has a current interest or expectancy (e.g., joint ventures, other business combinations, investment opportunities, relationships with contractors, customers, suppliers and vendors of the Employer, and other similar opportunities) which the Employee became aware of as the result of and during the Employee’s employment with the Employer. Notwithstanding anything to the contrary in the foregoing, this shall not limit the Employee from investing in or serving on the board of directors of any entity that is not in the Field.

Appears in 2 contracts

Samples: Employment Agreement (InfrastruX Group, Inc.), Employment Agreement (Willbros Group, Inc.\NEW\)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.