Compete with the Company definition

Compete with the Company means, directly or indirectly, to engage in (whether as an employee, consultant, proprietor, partner, director or otherwise), or have any ownership interest in (other than a 1% or less passive interest in a publicly traded company), or participate in the financing, operation, management, or control of, any person, firm, corporation or business that engages in a “Restricted Business”, as such term is defined hereafter. “Restricted Business” shall mean any business that is engaged or involved in (or, to Dx. Xxx’x knowledge after due inquiry, planning or preparing to engage or become involved in) research, development, production, marketing, leasing, selling or servicing any product, product line or service (but does not include a company that has multiple divisions or business units, and where the product or services are related to a division or unit for which Dx. Xxx provides no direct or indirect services or oversight, and for which Dx. Xxx does not have any other decision making responsibility) that competes, or would compete, with any product, product line or service that is being designed, developed, manufactured, marketed or sold by the Company or any subsidiary of the Company (or, to Dx. Xxx’x knowledge with a product or service that the Company or any such subsidiary is planning or preparing to design, develop, manufacture, market or sell). In the event that Company decides not to pursue an opportunity presented to Company by Dx. Xxx, Dx. Xxx shall have the right to request that the Company’s Board of Directors (the “Board”) determine whether or not Dx. Xxx’x pursuit of such opportunity would result in a violation of the foregoing provisions of this Section 13. Notwithstanding the foregoing, the Company is aware of Dx. Xxx’x position on the board of directors of, and Dx. Xxx’x investment in, Synerchip Co., Ltd. and, provided Dx. Xxx complies with the guidelines adopted by the Company’s Board of Directors for this purpose and attached hereto as Exhibit B, such service and investment will not be considered to Compete With The Company.
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Compete with the Company means, directly or indirectly, to engage in (whether as an employee, consultant, proprietor, partner, director or otherwise), or have any ownership interest in, or participate in the financing, operation, management, or control of, any person, firm, corporation or business that engages in a "Restricted Business", as such term is defined hereafter. "RESTRICTED BUSINESS" shall mean any business that is engaged or involved in (or, to Executive's knowledge after due inquiry, planning or preparing to engage or become involved in) research, development, production, marketing, leasing, selling or servicing any product, product line or service (including any component thereof or research to develop information useful in connection with a product or service) that is being designed, developed, manufactured, marketed or sold by the Company or any subsidiary or affiliate of the Company (or, to Executive's knowledge after due inquiry, with a product or service that the Company or any such subsidiary or affiliate is planning or preparing to design, develop, manufacture, market or sell).
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Compete with the Company means the i) direct or indirect solicitation of any Dial Up Customers that were sold or transferred to Buyer pursuant to the Asset Purchase Agreement for the purpose of selling said Dial Up Customers internet service; or ii) the provision of dial up internet service to retail or wholesale customers.
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Examples of Compete with the Company in a sentence

  • Employee expressly agrees that Employee will not (either directly or indirectly, by assisting or acting in concert with others) Compete with the Company during the Restricted Period within the Restricted Territory.

  • Executive agrees that while he is employed by -------------- the Company he will not Compete with the Company or any of its Subsidiaries.

  • During the Term, including any period during which the Company is making any payments to Executive pursuant to this Agreement, neither Executive nor any person or entity acting with or on Executive’s behalf, nor any person or entity under the control of or affiliated with Executive, shall, directly or indirectly, in any way Compete with the Company.

  • If the Executive suffers a Voluntary Termination or a Termination With Cause and there has been a Change in Control, the Executive will not Compete with the Company for a period of one (1) year after the date of such termination.

  • If the Executive suffers a Termination Without Cause or a Constructive Termination and there has been a Change in Control, then the provisions in this Section 6 restraining competition shall not apply and the Executive shall be free to Compete with the Company immediately after such termination.

  • The Executive will not Compete with the Company (as defined in subsection (d) hereafter) at any time while he is employed by the Company or receiving payments from the Company.

  • The Executive will not Compete with the Company (as defined in Section 6.3.4 hereafter) at any time while he is employed by the Company or receiving payments from the Company.

  • In the event of a Termination Without Cause or Constructive Termination, upon payment of all amounts due under Section 5.1, the Executive will not Compete with the Company for the then remaining Term of this Employment Agreement.

  • In the event the Executive suffers a Termination Without Cause or a Constructive Termination and there has not been a Change in Control, the Executive will not Compete with the Company for a period of time equal to the remaining Term of this Employment Agreement (as if this Employment Agreement had not been terminated).

  • In the event of a Termination Without Cause or in the event the Company gives notice under Section 2.1 that the Term of this Employment Agreement will not be automatically extended, the Executive will not Compete with the Company for the then remaining Term of this Employment Agreement.


More Definitions of Compete with the Company

Compete with the Company means your directly or indirectly ------------------------ owning (other than ownership of not more than a 1% interest in a public company), operating, controlling or being connected with as a director, officer, employee, partner, consultant or otherwise, any entity or person that competes directly with the Company in the business the Company is engaged in at any time you are receiving payments hereunder.
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Compete with the Company means action by CASE in the continental United States, direct or indirect, for its own account or for the account of others, either as an officer, director, stockholder, owner, partner, member, promoter, employee, consultant, advisor, agent, manager, creditor or in any other capacity, resulting in CASE having any pecuniary interest, legal or equitable ownership, or other financial or non-financial interest, in any corporation, business trust, partnership, limited liability company, proprietorship or other business or professional enterprise that provides long-distance telephone services or any other product or service now or hereafter offered or sold by the Company during the Term of this Agreement or any product or service similar to, competitive with, or intended to compete with any such product or service; provided, however, that the term "Compete with the Company" shall not include ownership (without any other relationship) of less than a 5% interest in any publicly-held corporation.
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Compete with the Company means to be involved or engaged in the development of non-injection methods of administering insulin (or any variants, analogs or mimetics thereof) or to be employed by or engaged as an advisor, consultant or director by any entity or person involved or engaged in such development.
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Related to Compete with the Company

  • Controlled Affiliates means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, has Majority Control of or is Majority Controlled by or is under common Majority Control with the Person specified.

  • Controlled Affiliate means any corporation, limited liability company, partnership, joint venture, trust or other entity or enterprise, whether or not for profit, that is directly or indirectly controlled by the Company. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of an entity or enterprise, whether through the ownership of voting securities, through other voting rights, by contract or otherwise; provided that direct or indirect beneficial ownership of capital stock or other interests in an entity or enterprise entitling the holder to cast 20% or more of the total number of votes generally entitled to be cast in the election of directors (or persons performing comparable functions) of such entity or enterprise shall be deemed to constitute control for purposes of this definition.

  • BHC Act Affiliate has the meaning assigned to the term “affiliate” in, and shall be interpreted in accordance with, 12 U.S.C. § 1841(k).

  • Affiliated Party means, with respect to any Purchaser, any person or entity which, directly or indirectly, controls, is controlled by or is under common control with such Purchaser, including, without limitation, any general partner, officer or director of such Purchaser and any venture capital fund now or hereafter existing which is controlled by one or more general partners of, or shares the same management company as, such Purchaser.

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Restricted Company means any of the foregoing.

  • BHC Affiliate has the meaning assigned to the term “affiliate” in, and shall be interpreted in accordance with, 12 U.S.C. §1841(k).

  • Restricted Party shall have the meaning set forth in Section 7.1 hereof.

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • Bank Holding Company Act means the Bank Holding Company Act of 1956, as amended.

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • Restricted Parties has the meaning set forth in Section 6.15(a).

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Public utility holding company means: (1) any company that,

  • Restricted Entity means (a) the Borrower and (b) each Restricted Subsidiary.

  • Parent Companies means, collectively, (i) Charter, (ii) Charter Holdings, (iii) Charter Communications Holding Company, LLC, a Delaware limited liability company, and (iv) CCH II.

  • Material Financial Relationship means a relationship in which one person is a recipient of any kind of payment such as by way of a loan or gift during the immediately preceding twelve months, equivalent to at least 25% of such payer’s annual income but shall exclude relationships in which the payment is based on arm’s length transactions.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Business of the Company means the following areas of its business which are selected below, which Employee acknowledges are areas of the Company’s business in which Employee has responsibilities: (check as applicable)

  • Seller Affiliate means any Affiliate of Seller.

  • Seller Affiliates has the meaning assigned to such term in Section 2.7.1;

  • Restricted companies means companies that boycott Israel.

  • Parent organization means the entity named in Item I. of the Policy Declarations.

  • Affiliates means, with respect to any Person, any other Person that, directly or indirectly, controls, or is controlled by, or is under common control with, such Person. As used in this definition, “control” (including, with its correlative meanings, “controlled by” and “under common control with”) shall mean the possession, directly or indirectly, of the power to direct or cause the direction of management or policies of a Person, whether through the ownership of securities or partnership or other ownership interests, by contract or otherwise.