Common use of Post-Employment Activities Clause in Contracts

Post-Employment Activities. 7.1 For a period of three (3) years (or for a lesser period should the Company so determine) after the termination or expiration of your employment with the Company hereunder (for any reason other than termination by you for Good Reason) absent the Company's prior written approval, you will not directly or indirectly engage in activities similar or reasonably related to those in which you shall have engaged hereunder during the two years immediately preceding termination or expiration for, nor render services similar or reasonably related to those which you shall have rendered hereunder during such two years to, any person or entity whether now existing or hereafter established which directly geographically competes with the Company ("Direct Competitor") in any line of business currently engaged in by the Company. Nor shall you entice, induce or encourage any of the Company's other employees to engage in any activity which, were it done by you, would violate any provision of the Proprietary Information and Inventions Agreement or this Section 7. As used in this Section 7.1, the term "any line of business currently engaged in by the Company" shall be applied as at the date of termination of your employment, or, if later, as at the date of termination of any post-employment consultation.

Appears in 3 contracts

Samples: Employee Agreement (Video Update Inc), Employee Agreement (Video Update Inc), Employee Agreement (Video Update Inc)

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Post-Employment Activities. 7.1 For a period of three two (32) years (or for a lesser period should the Company so determine) after the termination or expiration expiration, for any reason, of your employment with the Company hereunder (for any reason other than termination by you for Good Reason) hereunder, absent the Company's prior written approval, you will not directly or indirectly engage in activities similar or reasonably related to those in which you shall have engaged hereunder during the two years immediately preceding termination or expiration for, nor render services similar or reasonably related to those which you shall have rendered hereunder during such two years to, any person or entity whether now existing or hereafter established which directly geographically competes with (or proposes or plans to directly compete with) the Company ("Direct Competitor") in any line of business currently engaged in or under development by the Company. Nor shall you entice, induce or encourage any of the Company's other employees to engage in any activity which, were it done by you, would violate any provision of the Proprietary Information and Inventions Agreement or this Section 77 or to work with you in any other organization. As used in this Section 7.1, the term "any line of business currently engaged in or under development by the Company" shall be applied as at the date of termination of your employment, or, if later, as at the date of termination of any post-employment consultation.

Appears in 2 contracts

Samples: Key Employee Agreement (Applied Science & Technology Inc), Key Employee Agreement (Applied Science & Technology Inc)

Post-Employment Activities. 7.1 For So long as the Company is not in breach of its obligations to you hereunder, for a period of three two (32) years (or for a lesser period should the Company so determine) after the termination or expiration expiration, for any reason, of your employment with the Company hereunder (for any reason other than termination by you for Good Reason) hereunder, absent the Company's prior written approval, you will not directly or indirectly engage in activities similar or reasonably related to those in which you shall have engaged hereunder during the two years immediately preceding termination or expiration for, nor render services similar or reasonably related to those which you shall have rendered hereunder during such two years to, any person or entity whether now existing or hereafter established which directly geographically competes with (or proposes or plans to directly compete with) the Company ("Direct Competitor") in any line of business currently engaged in or under development by the Company. Nor shall you entice, induce or encourage any of the Company's other employees to engage in any activity which, were it done by you, would violate any provision of the Proprietary Information and Inventions Agreement or this Section 7. As used in this Section 7.1, the term "any line of business currently engaged in or under development by the Company" shall be applied as at the date of termination of your employment, or, if later, as at the date of termination of any post-employment consultation.

Appears in 1 contract

Samples: Exhibit 10f (National Datacomputer Inc)

Post-Employment Activities. 7.1 For So long as the Company is not in breach of its obligations to you hereunder, for a period of three two (32) years (or for a lesser period should the Company so determine) after the termination or expiration expiration, for any reason, of your employment with the Company hereunder (for any reason other than termination by you for Good Reason) hereunder, absent the Company's prior written approval, you will not directly or indirectly engage in activities similar or reasonably related to those in which you shall have engaged hereunder during the two years immediately preceding termination or expiration for, nor render services similar or reasonably related to those which you shall have rendered hereunder during such two years to, any person or entity whether now existing or hereafter established which directly geographically competes with (or proposes or plans to directly compete with) the Company ("Direct Competitor") in any line of business currently engaged in or under development by the Company. Nor shall you entice, induce or encourage any of the Company's other employees to leave the Company's employ or engage in any activity which, were it done by you, would violate any provision of the Proprietary Information and Inventions Agreement or this Section 7. As used in this Section 7.1, the term "any line of business currently engaged in or under development by the Company" shall be applied as at the date of termination of your employment, or, if later, as at the date of termination of any post-employment consultation.

Appears in 1 contract

Samples: Key Employee Agreement (PLC Systems Inc)

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Post-Employment Activities. 7.1 For a period of three two (32) years (or for a lesser period should the Company so determine) after the termination or expiration expiration, for any reason, of your employment with the Company hereunder (for any reason other than termination by you for Good Reason) hereunder, absent the Company's prior written approval, you will not directly or indirectly engage in activities similar or reasonably related to those in which you shall have engaged hereunder during the two years immediately preceding termination or expiration for, nor render services similar or reasonably related to those which you shall have rendered hereunder during such two years to, any person or entity whether now existing or hereafter established which directly geographically competes with (or proposes or plans to directly compete with) the Company ("Direct Competitor") in any line of business currently engaged in or under development by the Company. Nor shall you entice, induce or encourage any of the Company's other employees to engage in any activity which, were it done by you, would violate any provision of the Proprietary Information and Inventions Agreement or this Section 7. As used in this Section 7.1, the term "any line of business currently engaged in or under development by the Company" shall be applied as at the date of termination of your employment, or, if later, as at the date of termination of any post-employment consultation.

Appears in 1 contract

Samples: Key Employee Agreement (Applied Science & Technology Inc)

Post-Employment Activities. 7.1 For a period of three one (31) years year (or for a lesser period should the Company so determine) after the termination or expiration of your employment with the Company hereunder (for any reason other than termination by you for Good Reason) absent the Company's prior written approval, you will not directly or indirectly engage in activities similar or reasonably related to those in which you shall have engaged hereunder during the two years immediately preceding termination or expiration for, nor render services similar or reasonably related to those which you shall have rendered hereunder during such two years to, any person or entity whether now existing or hereafter established which directly geographically competes with the Company ("Direct Competitor") in any line of business currently engaged in by the Company. Nor shall you entice, induce or encourage any of the Company's other employees to engage in any activity which, were it done by you, would violate any provision of the Proprietary Information and Inventions Agreement or this Section 7. As used in this Section 7.1, the term "any line of business currently engaged in by the Company" shall be applied as at the date of termination of your employment, or, if later, as at the date of termination of any post-employment consultation.

Appears in 1 contract

Samples: Employee Agreement (E-Medsoft Com)

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