Non-Compete Covenants Sample Clauses

Non-Compete Covenants. If Employee terminates his employment without cause, or if Employee's employment is terminated by Bank for cause, then for one year from the date of such termination Employee will not, without the prior written consent of Bank:
Non-Compete Covenants. Neither a Participant that is deemed to have withdrawn pursuant to Sections 5.6 or 9.5, nor any Affiliate of such a Participant, shall directly or indirectly acquire any interest or right to explore or mine, or both, on any property any part of which is within the area of the Properties for twelve (12) months after the effective date of withdrawal. If a withdrawing Participant, or the Affiliate of a withdrawing Participant, breaches this Section 13.5, such Participant shall be obligated to offer to convey to the non-withdrawing Participant, without cost, any such property or interest so acquired (or ensure its Affiliate offers to convey the property or interest to the non-withdrawing Participant, if the acquiring party is the withdrawing Participant's Affiliate). Such offer shall be made in writing and can be accepted by the non-withdrawing Participant at any time within ten (10) days after the offer is received by such non-withdrawing Participant. Failure of a Participant's Affiliate to comply with this Section 13.5 shall be a breach by such Participant of this Agreement. Nothing in this Section 13.5 will be construed to limit Ivanhoe’s ability to exercise the Surface Access Rights.
Non-Compete Covenants. Each Founder hereby undertakes to the Preferred Shareholders that commencing from the date of this Agreement until one (1) year following the effective date of a Qualified IPO (the “Non-Competition Period”), he shall commit all of his business efforts to furthering the businesses of the Group Companies and shall not, without the prior written consent of each of the Primavera Director and the New Oriental Director, either on his own account or through any of his Affiliates (for the purpose of this Section, the Founders’ Affiliates shall not include any Group Companies), or in conjunction with or on behalf of any other Person, directly or indirectly, (i) possess the power to direct or cause the direction of the management and business operation of any Person (whether through the ownership of any equity interest in such Person, by occupying half or more of the board seats of such Person, by contract, or otherwise), (ii) devote professional time to carry out the business operation of any Person (in each case of (i) and (ii), other than the Founder HoldCo and any Permitted Transferee of such Founder), (iii) carry out or engage in any business in direct or indirect competition with, or become a shareholder, director, employee, partner, agent of any Person whose principal business is in direct competition with, the principal businesses of the Group Companies on the date hereof or on the date when the Non-Competition Period begins, provided, however, that the foregoing restrictions shall not prohibit any Founder from (a) acquiring or Beneficially Owning less than one percent (1%) of the outstanding share capital of any Person whose equity securities are listed for trading on a national or international securities exchange, (b) Beneficially Owning any equity interest in Beijing Haixuewang Education Technology Co., Ltd. and Beijing Duiawang Education Technology Co., Ltd. (each an “Existing Competitor”) to the extent such equity interests were acquired prior to the date of the Share Subscription Agreement, and (c) making any subsequent investment in any Existing Competitor to the extent that, after such subsequent investment, the aggregate percentage of the issued and outstanding equity interests in such Existing Competitor Beneficially Owned by such Founder and his Affiliates is not more than such percentage as of the date of the Share Subscription Agreement, (iv) offer or solicit for any employment to any officer, manager, or employee of any Group Company, and (v) ...
Non-Compete Covenants. Should Lessee terminate this agreement, Lessee shall not directly or indirectly acquire any rights, titles or interests to any portion of the Property or within the Area of Interest (AOI), for a period of two (2) year from the date of termination. If Lessee breaches this Section, Lessee shall be obligated and shall within fifteen (15) days of the breach, convey to Owner, without cost, any and all such Property or any and all other rights, titles and interests so acquired by Lessee. Such conveyance shall be made in writing and can be accepted by Owner at any time within ninety (90) days after the offer is delivered and received by Owner. Failure of Lessee to comply with this Section shall be a breach by Lessee of this Agreement, and Owner shall have any and all legal recourse to recoup its losses and damages at Lessee’s sole expense, including but not limited to attorney and legal fees.
Non-Compete Covenants. A Member that resigns from the Company pursuant to Section 12.2 or is deemed to have resigned pursuant to Section 5.2 or 6.5, or a Member that transfers or forfeits its entire Membership Interest, shall not directly or indirectly acquire any interest in property within the Area of Interest for 12 months after the effective date of the resignation, forfeiture or transfer. If a resigning, forfeiting or transferring Member, or any Affiliate of the foregoing, breaches this Section 12.4, such Member or Affiliate shall be obligated to offer to convey to the other Member, without cost, any such property or interest so acquired. Such offer shall be made in writing and can be accepted by such other Member at any time within 45 days after it is received by such other Member.
Non-Compete Covenants. If Employee terminates his employment without cause, or if Employee's employment is terminated by Bancorp for cause, then for Page 6 - 2000 EMPLOYMENT AGREEMENT (Columbia Bancorp - McLaughlin) 7 one year from the date of such termination Employee will not, without the prior written consent of Bancorp:
Non-Compete Covenants. Neither Party that terminates this Agreement or resigns pursuant to the Operating Agreement, nor any Affiliate of such Party, shall directly or indirectly acquire any interest or right to explore or mine, or both, on any property any part of which is within the Property for twelve (12) months after the effective date of termination or resignation. If a terminating or resigning Party, or the Affiliate of a terminating/ resigning Party, breaches this Section, such Party shall be obligated to offer to convey to the non-terminating/ non-resigning Party, without cost, any such property or interest so acquired (or ensure its Affiliate offers to convey the property or interest to the non-terminating/ non-resigning Party, if the acquiring party is the terminating/resigning Party’s Affiliate). Such offer shall be made in writing and can be accepted by the non-terminating/ non-resigning Party at any time within ten (10) days after the offer is received by such non-terminating/ non-resigning Party. Failure of a Party’s Affiliate to comply with this Section shall be a breach by such Member of this Agreement. For the purpose of this Section, “Affiliate” shall mean: any person or entity that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a person or entity, as such terms are used in and construed under Rule 405 under the Securities Act of 1933, as amended.
Non-Compete Covenants. A list of any written or oral covenants not to compete, non-solicitation covenants and non-disclosure covenants in favor of Rymer, or binding upon or against Rymer;
Non-Compete Covenants. Neither JV Participant that withdraws pursuant to Section 16.3, or is deemed to have withdrawn pursuant to Sections 6.4, 8.6 or 10.5, nor any Affiliate of such a JV Participant, shall directly or indirectly acquire any interest or right to explore or mine, or both, on any property any part of which is within the Property for 24 months after the effective date of withdrawal. If a withdrawing JV Participant, or the Affiliate of a withdrawing JV Participant, breaches this Section, such JV Participant shall be obligated to offer to convey to the non-withdrawing JV Participant, without cost, any such property or interest so acquired (or ensure its Affiliate offers to convey the property or interest to the non-withdrawing JV Participant, if the acquiring party is the withdrawing JV Participant’s Affiliate). Such offer shall be made in writing and can be accepted by the non-withdrawing JV Participant at any time within 10 days after the offer is received by such non-withdrawing JV Participant. Failure of a JV Participant’s Affiliate to comply with this section shall be a breach by such JV Participant of this Agreement.
Non-Compete Covenants. A Participant that is deemed to have withdrawn pursuant to Subsection 5.2.3.2(iii), Sections 6.3, 6.4, 11.1, 11.2, 11.3 or 11.4, shall not directly or indirectly acquire any interest in property within the Area of Interest for two (2) years after the effective date of withdrawal. If the withdrawing Participant, or the Affiliate of a withdrawing Participant, breaches this Section 11.8, such Participant or Affiliate shall be obligated to offer to convey to the non-withdrawing Participant, without cost, any such property or interest so acquired. Such offer shall be made in writing and can be accepted by the non-withdrawing Participant at any time within forty-five (45) days after it is received by such non-withdrawing Participant.