Common use of Restriction on post Clause in Contracts

Restriction on post. employment competition. For two years following the end of his employment, Employee will not, within the United States of America, own, manage, operate, control or be employed by, or assist, any business that directly competes with Company and its business groups. Employee also agrees not to solicit Company's employees or its customers for employment or sales purposes. Company may, without waiving the protections of this provision, grant Employee the right to engage in business otherwise barred by this provision. Any such permission must be in writing and approved by an authorized representative of Company in order to be effective. If Employee violates the terms of this restriction, Employer shall be relieved from the duty to make payments under paragraph two of this agreement, and if Employee has already received payment, Company shall be entitled to receive a full refund of any payments made, including associated attorney and court fees incurred by Company to recover said payments 5.

Restriction on post. employment competition. For two years one year following the end of his employment, Employee will not, within the United States of America, own, manage, operate, control or be employed by, or assist, any business that directly competes with Company and its business groups. Employee also agrees not to solicit Company's employees or its customers for employment or sales purposes. Company may, without waiving the protections of this provision, grant Employee the right to engage in business otherwise barred by this provision. Any such permission must be in writing and approved by an authorized representative of Company in order to be effective. If Employee violates the terms of this restriction, Employer shall be relieved from the duty to make payments under paragraph two of this agreement, and if Employee has already received payment, Company shall be entitled to receive a full refund of any payments made, including associated attorney and court fees incurred by Company to recover said payments 5.payments