Common use of NONCOMPETITION AND NON-RECRUITMENT Clause in Contracts

NONCOMPETITION AND NON-RECRUITMENT. 9.01 Executive agrees that during the term of his employment and for a period of one (1) year after termination of employment (the “Restricted Period”) he will not directly or indirectly render service (including services in research) to any person or entity in connection with the design, development, manufacture, marketing, or sale of a Competitive Product that is sold or intended for use or sale in any geographic area in which the Company actively markets a Company Product or has planned to actively market a Company Product of the same general type or function. This territory currently includes North America, Europe and Japan.

Appears in 7 contracts

Samples: Executive Employment Agreement (Medicalcv Inc), Executive Employment Agreement (Medicalcv Inc), Executive Employment Agreement (Medicalcv Inc)

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NONCOMPETITION AND NON-RECRUITMENT. 9.01 Executive agrees that during the term of his employment and for a period of one (1) year after termination of employment (the “Restricted Period”) he will not directly or indirectly render service (including services in research) to any person or entity in connection with the design, development, manufacture, marketing, or sale of a Competitive Product that is sold or intended for use or sale in any geographic area in which the Company actively markets a Company Product or has planned to actively market a Company Product of the same general type or function. This territory currently includes North America, Europe and Japan.

Appears in 1 contract

Samples: Executive Employment Agreement (Medicalcv Inc)

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NONCOMPETITION AND NON-RECRUITMENT. 9.01 Executive agrees that during the term of his employment and for a period of one (1) year after termination of employment (the “Restricted Period”) he will not directly or indirectly render service (including services in research) to any person or entity in connection with the design, development, manufacture, marketing, or sale of a Competitive Product that is sold or intended for use or sale in any geographic area in which the Company actively markets a Company Product or has planned to actively market a Company Product of the same general type or function. This territory currently includes North America, Europe and Japan.

Appears in 1 contract

Samples: Executive Employment Agreement (Medicalcv Inc)

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