Noncompete Period. The "Noncompete Period" shall commence on the date hereof and shall continue until the first anniversary of the termination of Executive's employment with the Company and its Subsidiaries for any reason; provided that the Noncompete Period shall terminate immediately upon a Qualified Sale of the Company.
Appears in 3 contracts
Sources: Executive Purchase Agreement (Allegiance Telecom Inc), Executive Purchase Agreement (Allegiance Telecom Inc), Executive Purchase Agreement (Allegiance Telecom Inc)