Noncompetition; Confidentiality. As an inducement to Buyer to execute this Agreement and complete the transactions contemplated hereby, and in order to preserve the goodwill associated with the business of Company being acquired pursuant to this Agreement, and in addition to and not in limitation of any covenants contained in any agreement executed and delivered pursuant to Section 5.1 hereof, each Shareholder hereby covenants and agrees as follows:
Noncompetition; Confidentiality. (a) The Employee agrees that from the commencement of the Employment Period until the date that is two years after the date of termination of employment for any reason (and, as to clause (ii) of this Section 7, at any time thereafter) Employee will not, directly or indirectly, do or suffer any of the following:
Noncompetition; Confidentiality. Subject to the Closing, and as an inducement to Buyer to execute this Agreement and complete this transactions contemplated hereby, and in order to preserve the goodwill associated with the business of Company being acquired pursuant to this Agreement, Seller covenants and agrees as follows:
Noncompetition; Confidentiality. Subject to the Closing, and as an inducement to MIOA to execute this Agreement and complete the transactions contemplated hereby, and in order to preserve the goodwill associated with the business of the Company being acquired pursuant to this Agreement, and in addition to and not in limitation of any covenants contained in any agreement executed and delivered herewith, each Shareholder hereby covenants and agrees as follows:
Noncompetition; Confidentiality. Quick hereby acknowledges and agrees that (i) the Bank has made a significant investment in the development of its business in the geographic area identified below as the "Relevant Market" and that, by virtue of Triangle's acquisition of the Bank, Triangle has a valuable economic interest in its and the Bank's business in the Relevant Market which it is entitled to protect; (ii) in the course of his service as an officer of the Bank and Triangle, he has gained and will gain substantial knowledge of and familiarity with the Bank's and Triangle's customers and their dealings with them, and other information concerning the Bank's and Triangle's business, all of which constitutes valuable assets and privileged information that is particularly sensitive due to the fiduciary responsibilities inherent in the banking business; and (iii) in order to protect Triangle's interest in and to assure it the benefit of its succession to the Bank's business, it is reasonable and necessary to place certain restrictions on Quick's ability to compete against Triangle and on his disclosure of information about Triangle's and the Bank's business and customers. For that purpose, and in consideration of Triangle's agreements contained herein, Quick covenants and agrees as provided below.
Noncompetition; Confidentiality. (a) The Executive agrees that during his employment with the Company, and for the a one year period thereafter (and, as to clauses (iii) and (iv) of this Section 4(a), at any time thereafter) he will not, directly or indirectly, do or suffer any of the following:
Noncompetition; Confidentiality. Subject to the Closing, and as an inducement to Buyer to execute this Agreement and complete the transactions contemplated hereby, and in order to preserve the goodwill associated with the Business, and in addition to and not in [*] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. limitation of any covenants contained in any agreement executed and delivered pursuant to Section 8.4 hereof, Company hereby covenants and agrees as follows:
Noncompetition; Confidentiality. Nothing in this Section 11 shall affect the rights of the parties under Sections 4 and 7 above.
Noncompetition; Confidentiality. The Executive hereby acknowledges that he has agreed, on the terms and conditions set forth in the Purchase Agreement, not to compete with the Company for a period of five (5) years from the date hereof, and not to disclose proprietary or other confidential information of the Company, and that his agreement set forth in Article IV, hereof, and the Confidentiality Agreement are in addition to, and not by way of limitation to, his agreements in the Purchase Agreement.
Noncompetition; Confidentiality. (a) For and in consideration of the agreements of the Company set forth herein, Davie agrees that he will not, for a period of five years beginning on the date hereof (the "Non-Competition Term"), directly or indirectly, own, manage, operate, join, control, be employed by, or participate in the ownership, management, operation or control, or be connected in any manner (including, but not limited to, holding the positions of stockholder (excepting less than 1% stock holdings for investment purposes in securities of publicly held and traded companies), member, director, officer, consultant, independent contractor, employee, partner or investor) with, any person or entity engaged in a business or operation in the United States of America, Canada or Europe which operates any office products distribution business(es) and/or office products buying group(s) or is a consolidator of any of the foregoing businesses. Davie agrees that, during the Non-Competition Term, he will not interfere with the Company's or its subsidiaries' relationship with, or endeavor to employ or entice away from the Company or any of its subsidiaries, any person or entity who or which is an employee, customer or supplier, or maintains a business relationship with, the Company or any of its subsidiaries.
