Competitive Acts definition

Competitive Acts means providing services or engaging in duties or responsibilities that are the same or substantially similar to any of the services performed by the Executive during the last two (2) years of Executive’s employment with the Company for a business that provides, or is preparing to provide, any service that competes with any services provided by the Company during the last two (2) years of Executive’s employment with the Company.

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Competitive Acts means soliciting, selling, marketing, brokering, providing or managing any services of the sort that the Company provides to its Clients (“Services”) for any Client, whether directly as an employee of a Client or indirectly as an employee, subcontractor, partner or owner of a Competitor.

Competitive Acts means: (A) the development, production, marketing or selling of (or assisting others to develop, produce, market or sell): (x) syndicated research that competes with the Company; or (y) a product or service which is competitive with the existing or planned products or services of the Company with which Grantee was involved or managed at any time during the last twenty-four (24) months of the Grantee’s Continued Service; and/or (B) the direct or indirect provision of services to or solicitation of the Company’s clients or known prospects with whom ▇▇▇▇▇▇▇ had contact, managed, or became aware of as a result of being employed by the Company, for the purposes of developing, producing, marketing or selling such competitive products or services.

Examples of Competitive Acts in a sentence

• It will not be a violation of this Agreement for the Grantee to take an accounting and finance position with an entity that derives a portion (but less than a majority) of its revenues from Competitive Acts, provided that the Grantee does not engage in sales, marketing, development, operational or strategic activities related to such Competitive Acts and or the portion of the New Entity related thereto.

• Executive agrees that, for a period of one (1) year following the termination of Executive's employment with the Company, Executive shall not, without the express written consent of the Company, on Executive's own behalf or as owner, manager, stockholder (except as a holder of not more than one (1%) percent of the stock of a publicly held company), consultant, director, officer, partner, member, or employee engage, in any capacity, in Competitive Acts.

• During the Restricted Period, Executive shall not, directly or indirectly, without the express written consent of the Company, on Executive's own behalf or as owner, manager, stockholder (except as a holder of not more than one (1%) percent of the stock of a publicly held company), consultant, director, officer, partner, member, or employee, engage in Competitive Acts.

• During his employment by the Company and for a period of eighteen (18) months after termination of such employment for any reason, Executive agrees not to engage in any Competitive Acts with any client or prospective client of the Company within the prior 24 months prior to termination of Executive’s employment.

• During his employment by the Company and for a period of eighteen (18) months after termination of such employment for any reason, Executive agrees not to engage in any Competitive Acts with any Client or prospective Client of the Company within the prior 12 months prior to termination of Executive’s employment.

• In consideration of the Participant’s Units and other good and valuable consideration, the receipt and sufficiency of which the Participant hereby acknowledges, the Participant agrees that the following restrictions on the Participant’s activities during and after Employment are reasonable and necessary to protect the legitimate interests of the Company Group.

• During his employment by the Company and for a period of twelve (12) months after termination of such employment for any reason, Executive agrees not to engage in any Competitive Acts with any client or prospective client of the Company within the prior 24 months prior to termination of Executive’s employment.

• During her employment by the Company and for a period of twelve (12) months after termination of such employment for any reason, SMT agrees not to engage in any Competitive Acts with any entity that was a client or prospective client of the Company within the prior 24 months prior to termination of SMT’s employment.

• For the period July 1, 2017 through June 30, 2018, only the following entities and their successors will be deemed to be engaged in Competitive Acts: Forrester, CEB Towergroup, IDG (inclusive of IDC), Informa (inclusive of Ovum and Datamonitor), The Advisory Board Company (ABCO), IHS, Info-Tech Research, ISG (Information Services Group), The 451 Group (inclusive of Yankee, Uptime Research, etc.), and SCM World (Supply Chain).

• During his employment by the Company and for a period of eighteen (18) months after termination of such employment for any reason, Executive agrees not to engage in any Competitive Acts with any Client or prospective Client of the Company within the prior 24 months prior to termination of Executive’s employment.

More Definitions of Competitive Acts

Competitive Acts means: (A) the development, production, marketing or selling of (or assisting others to develop, produce, market or sell): (x) syndicated research that competes with the Company or its Subsidiaries; or (y) a product or service which is competitive with the existing or planned products or services of the Company with which Grantee was involved in or managed at any time during the last twenty-four (24) months of the Grantee’s Continued Service; and (B) the direct or indirect provision of services to, or solicitation of, the Company’s clients or known prospects with whom Grantee had contact, managed, or became aware of as a result of being employed by the Company, for the purposes of developing, producing, marketing or selling such competitive products or services.

Competitive Acts means any of the actions described in Exhibit A hereto.

Competitive Acts means, with respect to any Employee Stockholder, any of the actions described in Exhibit A hereto; provided, that to the extent an Employee Stockholder is subject to an effective employment, non-compete, confidentiality or similar agreement with the Corporation or any Subsidiary containing confidentiality, non-compete or non-solicitation provisions which are less restrictive than the provisions described in Exhibit A hereto, the less restrictive provisions of such other agreement shall be deemed to apply in lieu of the provisions set forth on Exhibit A hereto; provided, further, that all other provisions of Exhibit A shall continue to apply to each Employee Stockholder. “Corporation Securities” shall mean, collectively, Common Stock, Preferred Stock, Warrants, including any securities issuable upon exercise of Warrants, or other options, warrants or other securities issued from time to time by the Corporation. “Debt Instrument” shall mean any loan agreement, credit agreement, promissory note, note purchase agreement, capital lease, guarantee or other agreement or instrument of indebtedness of the Corporation or any Subsidiary or the terms and conditions of any preferred stock or other securities issued by the Corporation or any Subsidiary that are senior in priority to the Common Stock; but shall not include any trade indebtedness or accounts payable incurred by the Corporation or any Subsidiary in the ordinary course of business or any agreements regarding payment of the same; shall not include any indebtedness to Stockholders or former Stockholders of the Corporation or any Subsidiary with respect to purchase options or redemption rights set forth in this Agreement or otherwise; and shall not include any indebtedness to Stockholders or

Competitive Acts means, with respect to any Employee Stockholder, any of the actions described in Exhibit A hereto; provided, that to the extent an Employee Stockholder is subject to an effective employment, non-compete, confidentiality or similar agreement with the Corporation or any Subsidiary containing confidentiality, non-compete or non-solicitation provisions which are less restrictive than the provisions described in Exhibit A hereto, the less restrictive provisions of such other agreement shall be deemed to apply in lieu of the provisions set forth on Exhibit A hereto; provided, further, that all other provisions of Exhibit A shall continue to apply to each Employee Stockholder.