Common use of Noncompetition with the Company Clause in Contracts

Noncompetition with the Company. In consideration of the compensation and benefits being paid and to be paid by the Company to Executive hereunder, Executive hereby agrees that, during the Restricted Period, Executive will not, without prior written consent of the Company, directly or indirectly seek or obtain a Competitive Position in the Restricted Territory with a Competitor. Executive acknowledges that in the performance of his duties for the Company he is charged with operating on the Company’s behalf throughout the Restricted Territory and he hereby acknowledges, therefore, that the Restricted Territory is reasonable.

Appears in 5 contracts

Samples: Change in Control Agreement (Gold Kist Inc.), Employment Agreement (Gold Kist Inc.), Control Agreement (Gold Kist Inc.)

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Noncompetition with the Company. In consideration of the compensation and benefits being paid and to be paid by the Company to Executive hereunder, Executive hereby agrees that, during the Restricted Period, Executive will not, without prior written consent of the Company, directly or indirectly indirectly, seek or obtain a Competitive Position in the Restricted Territory with a CompetitorTerritory. Executive acknowledges that in the performance of his or her duties for the Company he or she is charged with operating on the Company’s behalf throughout the Restricted Territory and he or she hereby acknowledges, therefore, that the Restricted Territory is reasonable.

Appears in 2 contracts

Samples: Change in Control Agreement (Pilgrims Pride Corp), Change in Control Agreement (Pilgrims Pride Corp)

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Noncompetition with the Company. In consideration of the compensation and benefits being paid and to be paid by the Company to Executive hereunder, Executive hereby agrees that, during the Restricted Period, Executive will not, without prior written consent of the Company, directly or indirectly seek obtain, serve in or obtain operate in a Competitive Position in with a Competitor where his duties involve operations of such Competitor within the Restricted Territory with a CompetitorTerritory. Executive acknowledges that in the performance of his duties for the Company he is charged with operating on the Company’s behalf throughout the Restricted Territory and he hereby acknowledges, therefore, that the Restricted Territory is reasonable.

Appears in 2 contracts

Samples: Employment Agreement (Equifax Inc), Employment Agreement (Equifax Inc)

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