Competing Position definition

Competing Position means a position that involves duties that are the same as or substantially similar to, and competitive with, the duties that Employee performed for the Company within the twelve (12) month period immediately preceding the Employment Cessation Date.

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Competing Position means engaging, directly or indirectly, in any manner or capacity, as adviser, principal, agent, affiliate, promoter, partner, officer, director, employee, stockholder, owner, co-owner, consultant, or member of any association or otherwise, in any phase of the business of developing, manufacturing and marketing of products or services which are in the same field of use or which otherwise compete with the Company and/or any of its Affiliates.

Competing Position means a position involving job duties in any segment(s) or area(s) of the Competitor’s business that is the same or substantially similar to the segment(s) or area(s) of the Company’s or its Affiliates’ business (A) in which Participant was involved or had job duties at any time during the last twenty-four (24) months of Participant’s employment, or (B) about which Participant learned Confidential Information at any time during the last twenty-four (24) months of Participant’s employment.

Examples of Competing Position in a sentence

• Participant shall obtain the Company’s written consent prior to accepting a role with a Competitor in a Competing Position by contacting Participant’s HR Business Partner at the Company.

• Therefore, Employee agrees that Employee shall not, during the Restricted Period, directly or indirectly work in a Competing Position or supervise, manage or control a Competing Business, where Employee’s primary duty is to provide the same or substantially similar products or services as the Company within the Restricted Territory.

• Therefore, Employee agrees that he shall not, during the Restricted Period, directly or indirectly work in a Competing Position or supervise, manage or control a Competing Business, where Employee’s primary duty is to provide the same or substantially similar products or services as the Company within the Restricted Territory.

• During the Term and twelve (12) months thereafter, Executive agrees that, without the prior written consent of the Board (which the Board may grant or withhold in its discretion): he shall not serve in or otherwise occupy a Competing Position at, or have any financial interest in, any Competing Entity, except that it will not be deemed a breach of this Section 4(a)(iii) if Executive is an investor or stockholder of not more than two (2%) percent of the equity securities of any entity.

• The Preclosure Safety Analysis Guide does not provide guidance on how the factors, regulatory guides, and standards listed on pages 12-10 through 12-12 are used in evaluating the risk significance of a structure, system, or component.

More Definitions of Competing Position

Competing Position means engaging, directly or indirectly, in any manner or capacity (whether for compensation or not), as adviser, principal, agent, affiliate, promoter, partner, officer, director, employee, stockholder, owner, co-owner, consultant, or member of any association or otherwise, in any Competing Entity. Notwithstanding the foregoing, “Competing Position” shall not include Executive’s employment, engagement, or other association with a Competing Entity in a division, unit or segment of the Competing Entity that is not engaged or actively planning to be engaged in the business of developing, manufacturing and marketing next generation protein therapeutics for respiratory, asthma, and autoimmune oncology conditions, provided however, that Executive (i) first provides the Company with a written notice describing in reasonable detail the position with and anticipated activities for the Competing Entity, which written notice also includes an assurance that Executive’s affiliation with and services for the Competing Entity shall relate only to the non-competitive division, unit or segment and shall not involve any activities that are competitive with the Company, and (ii) Executive’s affiliation with and/or work for the non-competitive division, unit or segment of the Competing Entity will not require or cause Executive to use or disclose the Company’s Confidential Information.

Competing Position means a position associated with or involving, directly or indirectly, a Competitive Activity. For purposes of this Agreement, a "Competitive Activity" means being associated (as an employee, officer, director, consultant, investor, partner, owner or proprietor, or in any similar role or capacity) with an entity where such association as a part thereof could involve directly or indirectly, giving information, advice, consultation, management, or direction (collectively, "Direction") to or using Direction on behalf of (or, regardless of any such association, actually engaging, directly or indirectly, in giving Direction to or using Direction on behalf of) an over-the-air broadcasting entity or facility which is not then owned or managed by the Company and which itself is broadcasting in any DMA that is served over the air by an television station that is so owned or managed (including through a "local management agreement" or otherwise) by the company at the time of such activity. Notwithstanding the foregoing, Employee may retain any investments made before the termination of his employment under this Agreement and may make investments after termination of his employment under this Agreement in not more than five percent (5%) of the equity of any entity engaged in a Competitive Activity, if such equity is listed on a national securities exchange or regularly traded in the over-the-counter market.

Competing Position means a position held by Employee with a Competing Business that involves duties within the Restricted Territory that are the same as or substantially similar to the duties Employee performed for the Company as CFO within the twelve (12) months preceding Employee’s execution of this Agreement.