Post-Termination Competition. During Officer’s employment hereunder, and for a period of two (2) years after the voluntary or involuntary termination of Officer’s employment with Company for any reason (with or without cause), Officer shall not directly or indirectly, either individually or through another entity in which Officer has an interest, own any interest in any oil and gas field in which the Company has an interest, including without limitation the Fayetteville Shale Operation. Notwithstanding the above, nothing contained herein shall be construed to prohibit Officer from owning either of record or beneficially not more than five percent (5%) of the shares or other equity interest of any Person that provided products or services competitive with the products or services sold by the Company.
Appears in 3 contracts
Samples: Employment Agreement (Blaze Energy Corp.), Employment Agreement (Blaze Energy Corp.), Employment Agreement (Blaze Energy Corp.)
Post-Termination Competition. During Officer’s employment hereunder, and for a period of two (2) years after the voluntary or involuntary termination of Officer’s employment with Company for any reason (with or without cause), Officer shall not directly or indirectly, either individually or through another entity in which Officer has an interest, own any interest in any oil and gas field in which the Company has an interest, including without limitation the Fayetteville Shale Operation. {A0039019.DOC} Notwithstanding the above, nothing contained herein shall be construed to prohibit Officer from owning either of record or beneficially not more than five percent (5%) of the shares or other equity interest of any Person that provided products or services competitive with the products or services sold by the Company.
Appears in 1 contract
Samples: Employment Agreement (Environmental Energy Services Inc)
Post-Termination Competition. During Officer’s employment hereunder, and for a period of two (2) years after the voluntary or involuntary termination of Officer’s employment with Company for any reason (with or without cause), Officer shall not directly or indirectly, either individually or through another entity in which Officer has an interest, own any interest in any oil and gas field in which the Company has an interest, including without limitation the Fayetteville Shale Operation. Notwithstanding the above, nothing contained herein shall be construed to prohibit Officer from owning either of record or beneficially not more than five percent (5%) of the shares or other equity interest of any Person that provided products or services competitive with the products or services sold by the Company.
Appears in 1 contract
Samples: Employment Agreement (Environmental Energy Services Inc)
Post-Termination Competition. During Officer’s employment hereunder, and for a period of two (2) years after the voluntary or involuntary termination of Officer’s employment with Company for any reason (with or without cause), Officer {A0039022.DOC} shall not directly or indirectly, either individually or through another entity in which Officer has an interest, own any interest in any oil and gas field in which the Company has an interest, including without limitation the Fayetteville Shale Operation. Notwithstanding the above, nothing contained herein shall be construed to prohibit Officer from owning either of record or beneficially not more than five percent (5%) of the shares or other equity interest of any Person that provided products or services competitive with the products or services sold by the Company.
Appears in 1 contract
Samples: Employment Agreement (Environmental Energy Services Inc)
Post-Termination Competition. During Officer’s employment hereunder, and for a period of two (2) years after the voluntary or involuntary termination of Officer’s employment with Company for any reason (with or without cause), Officer shall not directly or indirectly, either individually or through another entity in which Officer has an interest, own any interest in any oil and gas field in which the Company {A0040427.DOC} has an interest, including without limitation the Fayetteville Shale Operation. Notwithstanding the above, nothing contained herein shall be construed to prohibit Officer from owning either of record or beneficially not more than five percent (5%) of the shares or other equity interest of any Person that provided products or services competitive with the products or services sold by the Company.
Appears in 1 contract
Samples: Employment Agreement (Environmental Energy Services Inc)
Post-Termination Competition. During Officer’s employment hereunder, and for a period of two (2) years after the voluntary or involuntary termination of Officer’s employment with Company for any reason (with or without cause), Officer shall not directly or indirectly, either individually or through another entity in which Officer has an interest, own any interest in any oil and gas field in which the Company {A0040426.DOC} has an interest, including without limitation the Fayetteville Shale Operation. Notwithstanding the above, nothing contained herein shall be construed to prohibit Officer from owning either of record or beneficially not more than five percent (5%) of the shares or other equity interest of any Person that provided products or services competitive with the products or services sold by the Company.
Appears in 1 contract
Samples: Employment Agreement (Environmental Energy Services Inc)
Post-Termination Competition. During Officer’s employment hereunder, and for a period of two (2) years after the voluntary or involuntary termination of Officer’s employment with Company for any reason (with or without cause), Officer shall not directly or indirectly, either individually or through another entity in which Officer has an interest, own any interest in any oil and gas field in which the Company has an interest, including without limitation the Fayetteville Shale Operation. {A0040425.DOC} Notwithstanding the above, nothing contained herein shall be construed to prohibit Officer from owning either of record or beneficially not more than five percent (5%) of the shares or other equity interest of any Person that provided products or services competitive with the products or services sold by the Company.
Appears in 1 contract
Samples: Employment Agreement (Environmental Energy Services Inc)
Post-Termination Competition. During Officer’s employment hereunder, and for a period of two (2) years after the voluntary or involuntary termination of Officer’s employment with Company for any reason (with or without cause), Officer shall not directly or indirectly, either individually or through another entity in which Officer has an interest, own any interest in any oil and gas field in which the Company {A0039023.DOC} has an interest, including without limitation the Fayetteville Shale Operation. Notwithstanding the above, nothing contained herein shall be construed to prohibit Officer from owning either of record or beneficially not more than five percent (5%) of the shares or other equity interest of any Person that provided products or services competitive with the products or services sold by the Company.
Appears in 1 contract
Samples: Employment Agreement (Environmental Energy Services Inc)