Common use of Restrictions on Competition Clause in Contracts

Restrictions on Competition. While employed by the Company and for a period of one (1) year following termination of the Executive's employment, the Executive agrees that he will not directly or indirectly own an interest in, manage or control, or provide consulting services or services as an employee or partner, to a business engaged in managing, leasing, owning or operating assisted living facilities, nursing homes or sub-acute operations (the "Business Activities") within a sixty (60) mile radius of any Company facility existing or under active development at the time of such termination.

Appears in 2 contracts

Samples: Change in Control Agreement (Balanced Care Corp), Form of Change (Balanced Care Corp)

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Restrictions on Competition. While employed by the Company and for a period of one (1) year following termination of the Executive's employment, the Executive agrees that he will not directly or indirectly own an interest in, manage or control, or provide consulting services or services as an employee or partner, to a business engaged in managing, leasing, owning or operating assisted living facilities, nursing homes home or sub-acute operations (the "Business Activities") within a sixty (60) mile radius of any a Company facility existing or under active development at the time of such termination.

Appears in 1 contract

Samples: Control Agreement (Balanced Care Corp)

Restrictions on Competition. While employed by the Company under this Agreement and for a period of one (1) year following termination of the Executive's employmentemployment hereunder, the Executive agrees that he will not directly or indirectly own an interest in, manage or control, or provide consulting services or services as an employee or partner, to a business engaged in managing, leasing, owning or operating assisted living facilities, nursing homes or sub-acute operations (the "Business Activities") within a sixty (60) mile radius of any Company facility existing or under active development at the time of such termination.as

Appears in 1 contract

Samples: Employment Agreement (Balanced Care Corp)

Restrictions on Competition. While employed by the Company and for a period of one (1) year following termination of the Executive's employment, the Executive agrees that he will not directly or indirectly own an interest in, manage or control, or provide consulting services or services as an employee or partner, to a business engaged in managing, leasing, owning or operating assisted living facilities, nursing homes or sub-acute operations facilities (the "Business Activities") within a sixty (60) mile radius of any Company facility existing or under active development at the time of such termination.

Appears in 1 contract

Samples: Change in Control Agreement (Balanced Care Corp)

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Restrictions on Competition. While employed by the Company under this Agreement and for a period of one (1) year following termination of the Executive's employmentemployment hereunder, the Executive agrees that he will not directly or indirectly own an interest in, manage or control, or provide consulting services or services as an employee or partner, to a business engaged in managing, leasing, owning or operating assisted living facilities, nursing homes or sub-acute operations (the "Business Activities") within a sixty thirty (6030) mile radius of any a Company facility existing or under active development at the time of such termination.

Appears in 1 contract

Samples: Employment Agreement (Balanced Care Corp)

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