Common use of Non-Competition and Non-Solicitation Covenants Clause in Contracts

Non-Competition and Non-Solicitation Covenants. During his employment with the Company and for a period of one (1) year following the termination of Executive’s employment, except in the case of either termination without Cause pursuant to Section 7(d) or resignation/termination for Good Reason pursuant to Section 7(e) (the “Restricted Period”), or 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 any of the following activities:

Appears in 3 contracts

Samples: Employment Agreement (Sotherly Hotels Lp), Employment Agreement (Sotherly Hotels Lp), Employment Agreement (Sotherly Hotels Lp)

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Non-Competition and Non-Solicitation Covenants. During his employment with the Company Company, and for a period of one (1) year following the termination of Executive’s employment, except in the case of either termination without Cause pursuant to Section 7(d6(d) or resignation/termination for Good Reason pursuant to Section 7(e6(e) (the “Restricted Period”), or 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 any of the following activities:

Appears in 1 contract

Samples: Employment Agreement (Sotherly Hotels Lp)

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