Common use of NON COMPETITION DURING TERM OF EMPLOYMENT Clause in Contracts

NON COMPETITION DURING TERM OF EMPLOYMENT. During the employment term, Executive shall not, directly or indirectly, whether as a partner, employee, creditor, shareholder, or otherwise, promote, participate, or engage in any activity or other business directly competitive with Employer's business, except with express permission of the Board. In addition, Executive, while employed, shall not take any action without Employer's prior written consent to establish, form, or become employed by a competing business on termination of employment by Employer, Executive's failure to comply with the provisions of the preceding sentence shall give Employer the right (in addition to all other remedies Employer may have) to terminate any benefits or compensation to which Executive may be otherwise entitled following termination of this Agreement.

Appears in 6 contracts

Samples: Employment Agreement (Integrated Environmental Technologies, Ltd.), Employment Agreement (Integrated Environmental Technologies, Ltd.), Employment Agreement (American Water Star Inc)

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NON COMPETITION DURING TERM OF EMPLOYMENT. During the employment term, Executive shall not, directly or indirectly, whether as a partner, employee, creditor, shareholder, or otherwise, promote, participate, or engage in any activity or other business directly competitive with Employer's business, except with express permission of the Board. In addition, Executive, while employed, shall not take any action without Employer's prior written consent to establish, form, or become employed by a competing business on termination of employment by Employer, . Executive's failure to comply with the provisions of the preceding sentence shall give Employer the right (in addition to all other remedies Employer may have) to terminate any benefits or compensation to which Executive may be otherwise entitled following termination of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Noble Innovations Inc), Employment Agreement (Afv Solutions, Inc.)

NON COMPETITION DURING TERM OF EMPLOYMENT. During the employment term, Executive shall not, directly or indirectly, whether as a partner, employee, creditor, shareholder, or otherwise, promote, participate, or engage in any activity or other business directly competitive with Employer's ’s business, except with express permission of the Board. In addition, Executive, while employed, shall not take any action without Employer's ’s prior written consent to establish, form, or become employed by a competing business on termination of employment by Employer, Executive's ’s failure to comply with the provisions of the preceding sentence shall give Employer the right (in addition to all other remedies Employer may have) to terminate any benefits or compensation to which Executive may be otherwise entitled following termination of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Petrol Oil & Gas Inc)

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NON COMPETITION DURING TERM OF EMPLOYMENT. During the employment term, Executive shall not, directly or indirectly, whether as a partner, employee, creditor, shareholder, or otherwise, promote, participate, or engage in any activity or other business directly competitive with Employer's business, except with express permission of the Board. In addition, Executive, while employed, shall not take any action without Employer's prior written consent to establish, form, or become employed by a competing business on termination of employment by Employer, . Executive's failure to comply with the provisions of the preceding sentence shall give Employer the right (in addition to all other remedies Employer may have) to terminate any benefits or compensation to which Executive may be otherwise entitled following termination of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Sustainable Development International Inc)

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