Common use of NON-INTERFERENCE WITH COMPANY OPPORTUNITIES Clause in Contracts

NON-INTERFERENCE WITH COMPANY OPPORTUNITIES. Executive understands and agrees that all business opportunities with which he is involved during his employment with the Company constitute valuable assets of the Company and its affiliated entities, and may not be converted to Executive’s own use or converted by Executive for the use of any other Person. Accordingly, Executive hereby agrees that during the Restricted Period or thereafter, Executive shall not directly or indirectly on Executive’s own behalf or on behalf of any Person, interfere with, solicit, pursue, or in any way make use of any such business opportunities.

Appears in 5 contracts

Samples: Employment Agreement (Gaylord Entertainment Co /De), Employment Agreement (Ryman Hospitality Properties, Inc.), Executive Employment Agreement (Gaylord Entertainment Co /De)

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NON-INTERFERENCE WITH COMPANY OPPORTUNITIES. Executive understands and agrees that all business opportunities with which he is involved during his employment with the Company constitute valuable assets of the Company and its affiliated entities, and may not be converted to Executive’s 's own use or converted by Executive for the use of any other Person. Accordingly, Executive hereby agrees that during the Restricted Period or thereafter, Executive shall not directly or indirectly on Executive’s 's own behalf or on behalf of any Person, interfere with, solicit, pursue, or in any way make use of any such business opportunities.

Appears in 2 contracts

Samples: Employment Agreement (FelCor Lodging Trust Inc), Executive Employment Agreement (FelCor Lodging Trust Inc)

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