Common use of Prohibition Against Certain Activities Clause in Contracts

Prohibition Against Certain Activities. The Optionee agrees that the Optionee will not at any time disclose or furnish to any other Person or use for the Optionee’s own or any other Person’s account any Confidential or Proprietary Information (other than in the course of the Optionee’s service to the Company or any Affiliate, if the Optionee is an employee or director of, or consultant to the Company or any Affiliate) except for Permitted Disclosures (a “Prohibited Disclosure or Use”). In addition, the Optionee agrees that the Optionee will not during the time the Optionee provides services to the Company or any of its Subsidiaries as an employee, director or consultant and until the second anniversary of the date of the Optionee’s Termination (the “Restricted Period”): (A) engage in any Prohibited Solicitation (as defined below), or (B) engage in any Competitive Activity (as defined below).

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Interline Brands, Inc./De), Nonqualified Stock Option Agreement (Interline Brands, Inc./De), Nonqualified Stock Option Agreement (Interline Brands, Inc./De)

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