Common use of Noncompete Period Clause in Contracts

Noncompete Period. In consideration of the Separation Payments, and in furtherance and not limitation of any prior agreement between Employee and Employer with respect to noncompete matters, Employee agrees that during the period listed on the signature page hereto, Employee will not engage in or enter the employ of, or have any interest in, directly or indirectly, any other person, firm, corporation or other entity engaged in any business activities competitive with any business carried on by Employer. Although Employer's interests are international in scope, the geographic area for purposes of this restriction shall be the continental United States.