Common use of Non-Competition; Non-Solicitation Clause in Contracts

Non-Competition; Non-Solicitation. (a) During Executive’s employment by the Employer and for a period of one year after Executive’s termination of employment for any reason, Executive will not, except with the prior written consent of the Board, directly or indirectly, own, manage, operate, join, control, finance or participate in the ownership, management, operation, control or financing of, or be connected as an officer, director, employee, partner, principal, agent, representative, consultant or otherwise with, or use or permit Executive’s name to be used in connection with, any business or enterprise which is engaged in any financial services, insurance or other business that is competitive with any business or enterprise in which the Employer is engaged, anywhere in the world, during Executive’s employment or (with respect to the application of this covenant after Executive’s termination of employment) during the two year period preceding Executive’s termination of employment. The parties acknowledge that the Employer engages in its business on a worldwide basis, and Executive acknowledges that his or her responsibilities extend to the Employer’s worldwide operations.

Non-Competition; Non-Solicitation. (a) During Executive’s 's employment by the Employer Company and for a period of one year after Executive’s 's termination of employment for any reason, Executive will not, except with the prior written consent of the Board, directly or indirectly, own, manage, operate, join, control, finance or participate in the ownership, management, operation, control or financing of, or be connected as an officer, director, employee, partner, principal, agent, representative, consultant or otherwise with, or use or permit Executive’s 's name to be used in connection with, any business or enterprise which is engaged in any financial services, insurance or other business that is competitive with any business or enterprise in which the Employer Company is engaged, anywhere in the world, during Executive’s 's employment or (with respect to the application of this covenant after Executive’s 's termination of employment) during the two year period preceding Executive’s 's termination of employment. The parties acknowledge that the Employer Company engages in its business on a worldwide basis, and Executive acknowledges that his or her responsibilities extend to the Employer’s Company's worldwide operations.

Non-Competition; Non-Solicitation. (a) During Executive’s employment by the Employer Company and for a period of one year after Executive’s termination of employment for any reason, Executive will not, except with the prior written consent of the Board, directly or indirectly, own, manage, operate, join, control, finance or participate in the ownership, management, operation, control or financing of, or be connected as an officer, director, employee, partner, principal, agent, representative, consultant or otherwise with, or use or permit Executive’s name to be used in connection with, any business or enterprise which is engaged in any financial services, insurance or other business that is competitive with any business or enterprise in which the Employer Company is engaged, anywhere in the world, during Executive’s employment or (with respect to the application of this covenant after Executive’s termination of employment) during the two year period preceding Executive’s termination of employment. The parties acknowledge that the Employer Company engages in its business on a worldwide basis, and Executive acknowledges that his or her responsibilities extend to the EmployerCompany’s worldwide operations.

Non-Competition; Non-Solicitation. (a) During Executive’s employment by the Employer and for a period of one year two years after Executive’s termination of employment for any reason, Executive will not, except with the prior written consent of the Board, directly or indirectly, own, manage, operate, join, control, finance or participate in the ownership, management, operation, control or financing of, or be connected as an officer, director, employee, partner, principal, agent, representative, consultant or otherwise with, or use or permit Executive’s name to be used in connection with, any business or enterprise which is engaged in any financial services, insurance or other business that is competitive with any business or enterprise in which the Employer is engaged, anywhere in the world, during Executive’s employment or (with respect to the application of this covenant after Executive’s termination of employment) during the two year period preceding Executive’s termination of employment. The parties acknowledge that the Employer engages in its business on a worldwide basis, and Executive acknowledges that his or her responsibilities extend to the Employer’s worldwide operations.

Non-Competition; Non-Solicitation. (a) During Executive’s 's employment by the Employer Company and for a period of one year after Executive’s 's termination of employment for any reason, Executive will not, except with the prior written consent of the Board, directly or indirectly, own, manage, operate, join, control, finance or participate in the ownership, management, operation, control or financing of, or be connected as an officer, director, employee, partner, principal, agent, representative, consultant or otherwise with, or use or permit Executive’s 's name to be used in connection with, any business or enterprise which is engaged in any financial services, insurance or other business that is competitive with any business or enterprise in which the Employer Company is engaged, anywhere in the world, during Executive’s 's employment or (with respect to the application of this covenant after Executive’s 's termination of employment) during the two year period preceding Executive’s 's termination of employment. The parties acknowledge that the Employer Company engages in its business on a worldwide basis, and Executive acknowledges that his or her responsibilities extend to the Employer’s Company's worldwide operations.

Non-Competition; Non-Solicitation. (a) During Executive’s employment by the Employer and for a period of one two year after Executive’s termination of employment for any reason, Executive will not, except with the prior written consent of the Board, directly or indirectly, own, manage, operate, join, control, finance or participate in the ownership, management, operation, control or financing of, or be connected as an officer, director, employee, partner, principal, agent, representative, consultant or otherwise with, or use or permit Executive’s name to be used in connection with, any business or enterprise which is engaged in any financial services, insurance or other business that is competitive with any business or enterprise in which the Employer is engaged, anywhere in the world, during Executive’s employment or (with respect to the application of this covenant after Executive’s termination of employment) during the two year period preceding Executive’s termination of employment. The parties acknowledge that the Employer engages in its business on a worldwide basis, and Executive acknowledges that his or her responsibilities extend to the Employer’s worldwide operations.

Non-Competition; Non-Solicitation. (a) During Executive’s 's employment by the Employer Company and for a period of one year two years after Executive’s 's termination of employment for any reason, Executive will not, except with the prior written consent of the Board, directly or indirectly, own, manage, operate, join, control, finance or participate in the ownership, management, operation, control or financing of, or be connected as an officer, director, employee, partner, principal, agent, representative, consultant or otherwise with, or use or permit Executive’s 's name to be used in connection with, any business or enterprise which is engaged in any financial services, insurance or other business that is competitive with any business or enterprise in which the Employer Company is engaged, anywhere in the world, during Executive’s 's employment or (with respect to the application of this covenant after Executive’s 's termination of employment) during the two year period preceding Executive’s 's termination of employment. The parties acknowledge that the Employer Company engages in its business on a worldwide basis, and Executive acknowledges that his or her responsibilities extend to the Employer’s Company's worldwide operations.

Non-Competition; Non-Solicitation. (a) During Executive’s 's employment by the Employer Company and for a period of one year after Executive’s 's termination of employment for any reason, Executive will not, except with the prior written consent of the Board, directly or indirectly, own, manage, operate, join, control, finance or participate in the ownership, management, operation, control or financing of, or be connected as an officer, director, employee, partner, principal, agent, representative, consultant or otherwise with, or use or permit Executive’s 's name to be used in connection with, any business or enterprise which is engaged in any financial services, insurance or other business that is competitive with any business or enterprise in which the Employer Company is engaged, anywhere in the world, during Executive’s 's employment or (with respect to the application of this covenant after Executive’s 's termination of employment) during the two year period preceding Executive’s 's termination of employment. The parties acknowledge that the Employer Company engages in its business on a worldwide basis, and Executive acknowledges that his or her responsibilities extend to the Employer’s Company's worldwide operations. Executive may request that the Board consent to a waiver of the covenants of this Section 7 with respect to a specific proposed employment or other business endeavor.

Non-Competition; Non-Solicitation. (a) During Executive’s 's employment by the Employer Company and for a period of one year after Executive’s 's termination of employment during the Employment Term for any reason, Executive will not, except with the prior written consent of the Board, directly or indirectly, own, manage, operate, join, control, finance or participate in the ownership, management, operation, control or financing of, or be connected as an officer, director, employee, partner, principal, agent, representative, consultant or otherwise with, or use or permit Executive’s 's name to be used in connection with, any business or enterprise which is engaged in any financial services, insurance or other business that is competitive with any business or enterprise in which the Employer Company is engaged, anywhere in the world, during Executive’s 's employment or (with respect to the application of this covenant after Executive’s 's termination of employment) during the two year period preceding Executive’s 's termination of employment. The parties acknowledge that the Employer Company engages in its business on a worldwide basis, and Executive acknowledges that his or her responsibilities extend to the Employer’s Company's worldwide operations.