Auto Industry definition

Auto Industry is intended to mean entities that are engaged in the manufacture, distribution, sale (retail or wholesale), short-term rental, extended-term lease or general or special service or repair of new or used automobiles, pickups, trucks, vans, motorcycles, recreational vehicles or other vehicles (including fleets) or the installation, repair, sale or distribution of parts or accessories for new or used automobiles, pickups, trucks, vans, motorcycles, recreational vehicles or other vehicles, or boats.
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Auto Industry is intended to mean entities that are engaged in the manufacture, distribution, sale (retail or wholesale), short-term rental, extended-term lease or general or special service or repair of new or used automobiles, pickups, trucks, vans, motorcycles, recreational vehicles or other vehicles (including fleets) or the installation, repair, sale or distribution of parts or accessories for new or used automobiles, pickups, trucks, vans, motorcycles, recreational vehicles or other vehicles, or boats. Executive specifically acknowledges and agrees that the geographic restriction on Executive's ability to compete with the Company, as set forth in this Agreement, is reasonable and necessary to protect the Company' business interests in the relevant market. Executive understands that the Company Confidential Information (as defined below) may be used to the Company's disadvantage should Executive work for or otherwise become associated with a competitor of the Company anywhere that the Company does business, regardless of the competitor's specific geographic location. Notwithstanding the foregoing, the following shall not constitute competing with the Company or any of its related or affiliated companies or a violation of any provision of this Agreement: (a) ownership of voting securities or other equity interests representing less than one percent (1%) of the voting power of an entity the securities of which are traded on a national or foreign securities exchange or in the over-the-counter market; or (b) following Executive's employment with the Company, employment in any capacity by an original equipment manufacturer, distributor, dealer group or supplier to an original equipment manufacturer engaged in the Auto Industry (individually, an "Auto Entity"), provided that Executive's employment is not with a supplier or distributor primarily engaged in the Restricted Business or with any Auto Entity's division, subsidiary (or affiliate of such subsidiary) or affiliate that engages directly in the Restricted Business. CONFIDENTIALITY
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Examples of Auto Industry in a sentence

  • Owner is using the Auto Industry Actions Group (AIAG) version 3050 sub-set of the American National Standard Institute (ANSI) Accredited Standard Committee (ASC) X12 Electronic Data Interchange (EDI) standards.

  • On November 23, 2017, the Company entered into a number of series G+ share subscription agreements with, among others, each of Kingkey New Era Auto Industry Global Limited (京基新興汽車產業國際有限公司) (“Kingkey Global”), Apex Ease Limited (領逸有限公司) (“Apex Ease”); on December 6, 2017, the Company entered into a series G+ share subscription agreement with, among others, Huangpu Investment Holding Limited (“Chamc”) (collectively, the “Series G+ Subscription Agreements”, and each a “Series G+ Subscription Agreement”).

  • Unlike the rest of the Auto Industry which was experiencing a down turn and significant layoffs.

  • Greening the North American Auto Industry – From 2006 to 2009, the CEC sponsored an initiative to support the creation of a North American Suppliers’ Partnership for the Environment in the auto industry to promote policies and actions that provide mutual benefits for the environment, trade and the economy.

  • Getting the Best Deal for the U.S. Auto Industry When ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ took office, the American auto industry was shedding jobs by the hun- dreds of thousands.

  • To further improve business influence, acting as fund manager, the Group has also set up Nanjing BOCOM Suyan & SOHO in Jiangsu, ▇▇▇▇▇ ▇▇▇▇▇▇ Science and Technology Innovation Equity Investment Fund in Guangdong, Qingdao BOCOM Haikong in Shandong, Jiaxing Hengsheng Equity Investment Fund in Zhejiang and ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ Auto Industry Equity Investment Fund in Hubei.

  • Determinants of competitiveness of the Indian Auto Industry (No. 201).