Period and Conduct. As further consideration for the purchase and sale of the Acquired Assets and the transactions contemplated by this Agreement, during the period commencing on the Closing Date, and ending on the date which is five years thereafter, no Seller shall:
Period and Conduct. As further consideration for the purchase and ------------------ sale of the Acquired Assets and the transactions contemplated by this Agreement, during the period commencing on the Closing Date through and until the date five (5) years following the Closing Date, CTI, Buffton and their Affiliates (as defined in Section 10.11) shall not, directly or indirectly: -------------
Period and Conduct. (a) During the period commencing on the date of this Agreement and ending on the date that is the ten (10) year anniversary of said commencement (the "Term"), the Individual shall not, directly, indirectly, for his own account or for that of any other person or company and whether as a shareholder, partner or investor in any person or company or as principal, agent, representative, consultant, proprietor or in any other capacity:
Period and Conduct. Seller understands and acknowledges that the Buyer would not have entered into this Agreement absent the provisions of this Section 7.5 and in consideration for the payments set out in Section 3.1 hereof, therefore, agrees that (i) for a period of ten (10) years commencing on the Closing Date, it will not, and will cause its affiliates not to, directly or indirectly, engage or participate in, whether for their own account or for that or any other entity or be connected as a partner, investor, stockholder, creditor, guarantor, advisor, consultant or any other capacity in any commercial activity which competes with the Business or license, authorize or otherwise grant a right to any third party to engage in any commercial activity which competes with the Business; provided that both Buyer and Seller may produce and sell products containing encapsulated fragrance coated on the surface of a sheet material ("Coated Sheet Products") for delivery of fragrances for applications other than those applications set forth in clauses (a)-(e) in the definition of the Business, which Coated Sheet Products are (i) not for advertising or promotion of a product or service or (ii) scratch and sniff stickers.
Period and Conduct. During the period commencing on the date hereof and ending at the end of the Severance Period, Executive shall not:
Period and Conduct. As further consideration for the purchase and sale of the Acquired Assets and the transactions contemplated by this Agreement and the Asset Purchase Agreements, during the period commencing on the Closing Date through and until the date five (5) years following the Closing Date (the "Restricted Period"), Seller covenants and agrees that it shall not and shall cause each of its Affiliates not to, for any reason whatsoever, directly or indirectly, either individually or as owner, partner, stockholder, consultant, lender or otherwise:
Period and Conduct. For a period of three years following the Closing Date, Seller will not (i) compete (as defined in subsection (c) of this Section 6.5) with Buyer in the Combined Delahaye Business, as such business is being conducted immediately prior to the Closing Date, or (ii) solicit any employee of Buyer, or any former employee of Seller, then engaged in the conduct of the Combined Delahaye Business to terminate his or her employment with Buyer, provided that Seller will not be deemed to be in violation of this clause (ii) as the result of general employment solicitations through newspaper advertisements, internet postings and the like.
Period and Conduct. As further consideration for the Merger and the transactions contemplated by this Agreement, during the five-year period following the Closing Date, the Shareholders (other than J. Xxxxxx Xxxx, Xx., who is entering into a similar covenant pursuant to the employment agreement referred to in Section 7.12(a)) shall not:
Period and Conduct. As further consideration for the purchase and sale of the Acquired Assets and the transactions contemplated by this Agreement, during the period commencing on the Closing Date, and ending on the third anniversary thereof, Seller shall not:
Period and Conduct. As further consideration for the purchase and sale of the Purchased Assets and the XCEL Japan Shares (including the goodwill of the Business as a going concern), during the period commencing on the Closing Date, and ending on the date which is five (5) years thereafter (the “Restricted Period”), Seller, Parent and their Affiliates shall not, in any Restricted Territory, directly or indirectly:
