Non-Interference and Non-Competition Clause Samples

Non-Interference and Non-Competition. During the Executive’s employment by the Company and its Affiliates and for a period of months equal to the Executive’s Total Number of Months after such employment ceases, the Executive shall not, directly or indirectly (whether as an officer, director, owner, employee, partner, or other participant), engage in any Competitive Business. During this period, the Executive shall not solicit or entice any agent, supplier, consultant, distributor, contractor, lessors or lessees of the Company or its Affiliates to make any changes whatsoever in their current relationships with the Company or its Affiliates, and will not assist any other Person or entity to interfere with or dispute such relationship. In view of the nature of the Executive’s employment with the Company, the Executive likewise agrees that the Company and its Affiliates would be irreparably harmed by any ▇▇▇▇▇▇ Medical Technology, Inc. Separation Pay Agreement Page 13 CONFIDENTIAL DO NOT COPY such interference or competitive actions in violation of the terms of this paragraph and that the Company and its Affiliates shall therefore be entitled to preliminary and/or permanent injunctive relief prohibiting the Executive from engaging in any activity or threatened activity in violation of the terms of this paragraph and to any other relief available to them.

Non-Interference and Non-Competition. (a) Executive acknowledges that the services to be provided give him the opportunity to have special knowledge of the Companies and their Confidential Information and the capabilities of individuals employed by or affiliated with the Companies, and that interference in these relationships would cause irreparable injury to the Companies. In consideration of this Agreement, Executive covenants and agrees that: (i) During the Restricted Period (which shall not include any period of violation of this Agreement by the Executive), Executive will not, without the express written approval of the Board of Directors of the Company, anywhere in the Market, directly or indirectly, in one or a series of transactions, own, manage, operate, control, invest or acquire an interest in, or otherwise engage or participate in, whether as a proprietor, partner, stockholder, lender, director, officer, employee, joint venturer, investor, lessor, supplier, customer, agent, representative or other participant, in any Competitive Business without regard to (A) whether the Competitive Business has its office, manufacturing or other business facilities within or without the Market, (B) whether any of the activities of Executive referred to above occur or are performed within or without the Market or (C) whether Executive resides, or reports to an office, within or without the Market; provided, however, that (x) Executive may, anywhere in the Market, directly or indirectly, in one or a series of transactions, own, invest or acquire an interest in up to five percent (5%) of the capital stock of a corporation whose capital stock is traded publicly, or that (y) Executive may accept employment with a successor company to the Company. (ii) During the Restricted Period (which shall not include any period of violation of this Agreement by Executive), Executive will not without the express prior written approval of the Board of Directors of the Company (A) directly or indirectly, in one or a series of transactions, recruit, solicit or otherwise induce or influence any proprietor, partner, stockholder, lender, director, officer, employee, sales agent, joint venturer, investor, lessor, supplier, customer, agent, representative or any other person which has a business relationship with any of the Companies or had a business relationship with the Companies within the twenty-four (24) month period preceding the date of the incident in question, to discontinue, reduce or modify such employment, agen...

Non-Interference and Non-Competition. This Section 9 shall apply to Seller and its present and future Affiliates. Seller acknowledges that one of the fundamental expectations of SAFE in acquiring the Assets, and paying a multiple of RMR, is that the Qualified Closing Accounts will be renewed by each Customer after expiration of their current terms, and Seller acknowledges that RMR Accounts are usually so renewed, and that Seller's Referral Dealers will continue a business relationship with SAFE in substantially the same manner as with Seller. The parties acknowledge that the restrictions set forth below are justified by legitimate business interests of SAFE, including, without limitation, the protection of (i) SAFE's trade secrets (including the Related Rights acquired in connection with the Transaction), (ii) SAFE's valuable confidential business information which may not constitute a "trade secret", (iii) the valuable and substantial relationships of SAFE with prospective and existing customers, including the Customers, (iv) the goodwill to be acquired by SAFE from Seller in connection herewith. Accordingly, as a material part of the consideration to be received by SAFE hereunder, without which SAFE would not consummate the Transaction, Seller agrees to be bound by the provisions of this Section 9.

Non-Interference and Non-Competition