Non Competition and Non Disclosure Covenants Sample Clauses

Non Competition and Non Disclosure Covenants. (a) COVENANT NOT TO COMPETE. Executive shall not, at any time during the Term and the period during which payments are made by the Company to Executive following the end of the Term in accordance with Article 6 or 7 (the "Non-Compete Period");
AutoNDA by SimpleDocs
Non Competition and Non Disclosure Covenants. 9.1 BTH's Covenant Restricting Home Building Activities. BTH, individually and on his own behalf, covenants that during the Non-Compete Period as described in Section 9.4 hereof, he will not directly or indirectly own, manage, operate, engage in, serve as an advisor or consultant for, control, or otherwise participate in the construction or sale of residential property in competition with the Company, the Purchaser, or any of its Affiliates, including without limitation, the construction or sale of single-family or multi-family residences, the development of real property for use as lots for residential construction, and any activities ancillary or related to the foregoing activities (except for the development of real property for, or the construction of, any residence for any family member of BTH for such family members' personal use) (collectively, "BTH Home Building Activities"), or be involved as a partner, guarantor, or other holder of an interest in any Person engaging in any such activities, within 100 miles of any market in which the Company currently operates or operates at any time after the Closing Date during his employment with the Company.
Non Competition and Non Disclosure Covenants. Employee hereby acknowledges that employment with Employer will enable Employee to gain skill and to form certain relationships with individuals and entities in the growth, development, distribution, marketing & sales of employer’s products such but not limited to pasteurized, fresh, frozen and sterilized crabmeat and value added related products; as such term is herein below defined and that this employment will give Employee access to confidential information and trade secrets of the Employer, including, without limitation, financial and accounting information, client lists and data, suppliers, business and other records and business techniques (all such information hereinafter referred to collectively as the “Confidential Information”). Employee further acknowledges that the goodwill and other proprietary interests of Employer will suffer irreparable and continuing damage in the event Employee enters into competition with Employer during Employee’s term of employment with Employer and for the twelve (12) month period following Employee’s employment with Employer. Therefore, Employee agrees that Employee will not disclose or divulge the Confidential Information to anyone or use it in any manner to compete with Employer and Employee further agrees that Employee will not enter into or engage in or consult with any competitor, customer and/or supplier directly or indirectly, on Employee’s own behalf or for any other employer, entity or individual or, as a partner, joint venture, or as an officer, director, stockholder, agent, employee for any person, firm, partnership, joint venture, corporation or other entity, anywhere within the geographical area of “The United States Of America” Territory (such geographical area hereinafter referred to as the “Covenant Area”): (i) during the time that this Contract remains in force and (ii) for the twelve (12) month period following the termination of Employee’s employment with Employer (such twelve (12) month period hereinafter referred to as the “Covenant Period”). Employee further agrees that in the event of any breach of this paragraph by Employee, that it will be impossible to ascertain with any degree of accuracy the damages which will be suffered by Employer and that Employer will suffer irreparable harm; therefore, Employer and Employee hereby agree that in the event of any such breach by Employee, Employer shall be entitled to immediate injunctive relief and to such other relief as may be proper, including all ...
Non Competition and Non Disclosure Covenants. Each of the FTI Shareholders hereby covenants and agrees that for a period of three (3) years from the date of Closing that he will not within any geographic market in which I-Link or its affiliates conduct business, directly or indirectly compete, whether as an owner, partner, officer, director or employee, with I-Link in any business in which I-Link or FTI is presently engaged. This covenant is entered into between the parties hereto with full knowledge of its nature and extent. The FTI Shareholders hereby acknowledge that this covenant is an essential part of this Agreement and that this covenant is enforceable by injunctive relief in the event of a breach or threatened breach hereof by the FTI Shareholders or any of them. Each of the FTI Shareholders and FTI agrees not to disclose to any person or entity, without the prior written consent of I-Link, (i) any of the terms of this Agreement, or (ii) any customer lists, suppliers, manufacturing methods, sales methods, price or cost information, or any financial information regarding FTI or this acquisition, or any other confidential or proprietary information of FTI at any time hereafter.
Non Competition and Non Disclosure Covenants. Each of the MiBridge Shareholders and MiBridge agrees not to disclose to any person or entity, without the prior written consent of Medcross/I-Link, (i) any of the terms of this Agreement, or (ii) any proprietary or confidential information of MiBridge at any time hereafter.
Non Competition and Non Disclosure Covenants 

Related to Non Competition and Non Disclosure Covenants

  • NON-COMPETITION AND NON-DISCLOSURE (a) Upon any termination of Executive's employment hereunder pursuant to Section 4 hereof, Executive agrees not to compete with the Holding Company or its Subsidiaries for a period of one (1) year following such termination in any city, town or county in which the Executive's normal business office is located and the Holding Company or any of its Subsidiaries has an office or has filed an application for regulatory approval to establish an office, determined as of the effective date of such termination, except as agreed to pursuant to a resolution duly adopted by the Board. Executive agrees that during such period and within said cities, towns and counties, Executive shall not work for or advise, consult or otherwise serve with, directly or indirectly, any entity whose business materially competes with the depository, lending or other business activities of the Holding Company or its Subsidiaries. The parties hereto, recognizing that irreparable injury will result to the Holding Company or its Subsidiaries, its business and property in the event of Executive's breach of this Subsection 10(a) agree that in the event of any such breach by Executive, the Holding Company or its Subsidiaries, will be entitled, in addition to any other remedies and damages available, to an injunction to restrain the violation hereof by Executive, Executive's partners, agents, servants, employees and all persons acting for or under the direction of Executive. Executive represents and admits that in the event of the termination of his employment pursuant to Section 7 hereof, Executive's experience and capabilities are such that Executive can obtain employment in a business engaged in other lines and/or of a different nature than the Holding Company or its Subsidiaries, and that the enforcement of a remedy by way of injunction will not prevent Executive from earning a livelihood. Nothing herein will be construed as prohibiting the Holding Company or its Subsidiaries from pursuing any other remedies available to the Holding Company or its Subsidiaries for such breach or threatened breach, including the recovery of damages from Executive.

  • Non-Disclosure Covenant The Company and NewCo recognize and acknowledge that each has in the past, currently has, and in the future may possibly have, access to certain Confidential Information of APP that is valuable, special and a unique asset of such entity's business. APP acknowledges that it had in the past, currently has, and in the future may possibly have, access to certain Confidential Information of the Company and NewCo that is valuable, special and a unique asset of each such business. The Company, NewCo and APP, severally, agree that they will not disclose such Confidential Information to any person, firm, corporation, association or other entity for any purpose or reason whatsoever, except (a) to authorized representatives of APP, NewCo and the Company and (b) to counsel and other advisers to APP, NewCo and the Company provided that such advisers (other than counsel) agree to the confidentiality provisions of this Section 16.1, unless (i) such information becomes available to or known by the public generally through no fault of the Company, NewCo or APP, as the case may be, (ii) disclosure is required by law or the order of any governmental authority under color of law, provided, that prior to disclosing any information pursuant to this clause (ii) the Company, NewCo or APP, as the case may be, shall, if possible, give prior written notice thereof to the Company, NewCo or APP and provide the Company or APP with the opportunity to contest such disclosure, (iii) the disclosing party reasonably believes that such disclosure is required in connection with the defense of a lawsuit against the disclosing party, or (iv) the disclosing party is the sole and exclusive owner of such Confidential Information as a result of the Merger or otherwise. In the event of a breach or threatened breach by the Company, on the one hand, and APP, on the other hand, of the provisions of this Section, APP, NewCo and the Company shall be entitled to an injunction restraining the other party, as the case may be, from disclosing, in whole or in part, such Confidential Information. Nothing herein shall be construed as prohibiting any of such parties from pursuing any other available remedy for such breach or threatened breach, including the recovery of damages.

  • Non-Competition and Non-Solicitation Covenants During his employment with the Company and for a period of one (1) year thereafter (“Restricted Period”), whatever the reason for Executive’s termination of employment, unless Executive receives the Company’s advance written waiver, Executive shall not, either directly or indirectly, either on his own behalf or on behalf of another business, engage in or assist others in the following activities:

  • Non-Disclosure and Non-Competition The provisions of this Section 9 shall survive termination of this Agreement. (a)

  • Noncompetition and Nonsolicitation Covenants In consideration for -------------------------------------------- the Company's entering into this Agreement and for the payment of any benefits hereunder, Officer hereby agrees that he or she will not, during the term of his or her employment pursuant to this Agreement and the Applicable Severance Period, if any, do any of the following without the prior written consent of the Chief Executive Officer:

  • NON-COMPETITION AND NONSOLICITATION Executive shall not, during the Employment Period and for a period of one (1) year thereafter, directly or indirectly:

  • Non-compete and Non-disclosure To indemnify Indemnitee in connection with proceedings or claims involving the enforcement of non-compete and/or non-disclosure agreements or the non-compete and/or non-disclosure provisions of employment, consulting or similar agreements the Indemnitee may be a party to with the Corporation, or any subsidiary of the Corporation or any other applicable foreign or domestic corporation, partnership, joint venture, trust or other enterprise, if any.

  • Confidentiality, Non-Disclosure and Non-Competition Agreement The Company and the Executive acknowledge and agree that during the Executive’s employment with the Company, the Executive will have access to and may assist in developing Confidential Information and will occupy a position of trust and confidence with respect to the affairs and business of the Company and the Company Affiliates. The Executive agrees that the following obligations are necessary to preserve the confidential and proprietary nature of Confidential Information and to protect the Company and the Company Affiliates against harmful solicitation of employees and customers, harmful competition and other actions by the Executive that would result in serious adverse consequences for the Company and the Company Affiliates:

  • Confidentiality and Non-Competitions To the Company’s knowledge, no director, officer, key employee or consultant of the Company is subject to any confidentiality, non-disclosure, non-competition agreement or non-solicitation agreement with any employer or prior employer that could reasonably be expected to materially affect his ability to be and act in his respective capacity of the Company or be expected to result in a Material Adverse Change.

  • Confidentiality and Non-Competition To the Company’s knowledge, no director, officer, key employee or consultant of the Company is subject to any confidentiality, non-disclosure, non-competition agreement or non-solicitation agreement with any employer or prior employer that could reasonably be expected to materially affect his ability to be and act in his respective capacity of the Company or be expected to result in a Material Adverse Change.

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