Common use of RESTRICTIONS AFTER EMPLOYMENT Clause in Contracts

RESTRICTIONS AFTER EMPLOYMENT. 12.1 The Executive shall not, save with the prior written consent of the Board, during the Restricted Period, carry on or be concerned or engaged or interested directly or indirectly (whether as principal, shareholder, partner, employee, officer, agent or otherwise) within the Prohibited Area in any part of any trade or business which competes with any part of any trade or business carried on by the Company at any time during the period of 12 months prior to the Termination Date, in which the Executive shall have been actively engaged or involved.

Appears in 6 contracts

Samples: Service Agreement (Chinacast Education Corp), Service Agreement (Chinacast Education Corp), Service Agreement (Chinacast Education Corp)

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RESTRICTIONS AFTER EMPLOYMENT. 12.1 9.1 The Executive shall not, save in respect of a Permitted Interest or with the prior written consent of the BoardBoard (which shall not be unreasonably withheld), during for a period of 6 months from the Restricted Period, Termination Date carry on or be concerned or engaged or interested directly or indirectly (whether as principal, shareholder, partner, employee, officer, agent or otherwise) within the Prohibited Area in any part of any trade or business which competes with any part of any trade or business carried on by the Company at any time during the period of 12 months prior to the Termination Date, in which the Executive shall have been actively engaged or involvedinvolved at any time during the Period.

Appears in 4 contracts

Samples: Service Agreement (Eurotelecom Communications Inc), Service Agreement (Eurotelecom Communications Inc), Service Agreement (Eurotelecom Communications Inc)

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