Common use of Non-Compete/Non-Solicit Clause in Contracts

Non-Compete/Non-Solicit. (a) The parties hereto recognize that the Executive’s services are special and unique and that his level of compensation and the provisions herein for compensation upon Involuntary Termination are partly in consideration of and conditioned upon the Executive’s not competing with the Company, and that the covenant on his part not to compete and not to solicit as set forth in this Section 10 is essential to protect the business and goodwill of the Company.

Appears in 16 contracts

Samples: Employment Agreement (Lam Research Corp), Employment Agreement (Lam Research Corp), Employment Agreement (Lam Research Corp)

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Non-Compete/Non-Solicit. (a) The parties hereto recognize that the Executive’s services are special and unique and that his Executive’s level of compensation and the provisions herein for compensation upon Involuntary Termination are partly in consideration of and conditioned upon the Executive’s not competing with the Company, and that the covenant on his Executive’s part not to compete and not to solicit as set forth in this Section 10 8 is essential to protect the business and goodwill of the Company.

Appears in 4 contracts

Samples: Change in Control Agreement (Lam Research Corp), Change in Control Agreement (Lam Research Corp), Change in Control Agreement (Lam Research Corp)

Non-Compete/Non-Solicit. (a) The parties hereto recognize that the Executive’s 's services are special and unique and that his the level of compensation and the provisions herein for compensation upon Involuntary Termination under Section 2 are partly in consideration of and conditioned upon the Executive’s 's not competing with the Company, and that the Executive's covenant on his part not to compete and not to or solicit as set forth in this Section 10 13 during and after employment is essential to protect the business and goodwill good will of the Company.

Appears in 3 contracts

Samples: Indemnification Agreement (Recom Managed Systems Inc De/), Indemnification Agreement (Recom Managed Systems Inc De/), Agreement (Recom Managed Systems Inc De/)

Non-Compete/Non-Solicit. (a) The parties hereto recognize that the Executive’s 's services are special and unique and that his level of compensation and the provisions herein for compensation upon Involuntary Termination are partly in consideration of and conditioned upon the Executive’s 's not competing with the Company, and that the covenant on his part not to compete and not to solicit as set forth in this Section 10 is essential to protect the business and goodwill of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Lam Research Corp), Employment Agreement (Lam Research Corp), Employment Agreement (Lam Research Corp)

Non-Compete/Non-Solicit. (a) The parties hereto recognize that the Executive’s 's services are special and unique and that his the level of compensation and the provisions herein for compensation upon Involuntary Termination under Section 3 are partly in consideration of and conditioned upon the Executive’s 's not competing with the Company, and that the Executive's covenant on his part not to compete and not to or solicit as set forth in this Section 10 7 during and after employment is essential to protect the business and goodwill good will of the Company.

Appears in 3 contracts

Samples: Employment Agreement (ECOLOMONDO Corp INC.), Employment Agreement (ECOLOMONDO Corp INC.), Employment Agreement (Hewlett Packard Co)

Non-Compete/Non-Solicit. (a) The parties hereto recognize that the Executive’s 's services are special and unique and that his level of compensation and the provisions herein for compensation upon Involuntary Termination are partly in consideration of and conditioned upon the Executive’s 's not competing with the Company, and that the covenant on his part not to compete and not to or solicit as set forth in this Section 10 11 during and after his employment is essential to protect the business and goodwill of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Lam Research Corp), Employment Agreement (Lam Research Corp)

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Non-Compete/Non-Solicit. (ai) The parties hereto recognize that the Executive’s 's services are special and unique and that his the level of compensation and the provisions herein for compensation upon Involuntary Termination of this Agreement are partly in consideration of and conditioned upon the Executive’s 's not competing with the Company, and that the Executive's covenant on his part not to compete and not to or solicit as set forth in this Section 10 5 during and after employment is essential to protect the business and goodwill good will of the Company.

Appears in 1 contract

Samples: Employment Agreement (NTL Inc/De/)

Non-Compete/Non-Solicit. (a) The parties hereto recognize that the Executive’s 's services are special and unique and that his her level of compensation and the provisions herein for compensation upon Involuntary Termination are partly in consideration of and conditioned upon the Executive’s 's not competing with the Company, and that the covenant on his her part not to compete and not to solicit as set forth in this Section 10 8 is essential to protect the business and goodwill of the Company.

Appears in 1 contract

Samples: Employment Agreement (Lam Research Corp)

Non-Compete/Non-Solicit. (a) The parties hereto recognize that the Executive’s 's services are special and unique and that his her level of compensation and the provisions herein for compensation upon Involuntary Termination are partly in consideration of and conditioned upon the Executive’s 's not competing with the Company, and that the covenant on his part not to compete and not to solicit as set forth in this Section 10 8 is essential to protect the business and goodwill of the Company.

Appears in 1 contract

Samples: Employment Agreement (Lam Research Corp)

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