Competitive Industry definition

Competitive Industry means an industry in which SANZ either is substantially engaged or has concrete plans to engage in as a substantial part of its business in the future.

Examples of Competitive Industry in a sentence

  • Except as provided in Sections 4(a) and 4(b) hereof, during the term of this Agreement, the Executive may not participate in any Competitive Industry (as defined below) except through and on behalf of SANZ.

  • Highly Competitive Industry The oilfield products and services industry is highly competitive.

  • See "Factors Affecting Future Results -- We are in a Highly Competitive Industry." BACKLOG Our order backlog at August 31, 2000 was approximately $1.2 billion, compared to backlog of $688 million at August 31, 1999.

  • For an additional discussion of competition, see Part II, Item 7, Risk Factors Affecting the Company and/or the Hard Drive Industry -- Highly Competitive Industry.

  • Except as provided in Section 8(a) hereof, or except as agreed by the Board in specific further modification of this agreement, Busk may not participate in any Competitive Industry (as defined below) during the Term except through and on behalf of SANZ.

Related to Competitive Industry

  • Competitive Business means any firm, partnership, joint venture, corporation and/or any other Person, and/or any licensee of such entity, that develops, manufactures, markets, distributes, provides, offers, or sells any services or products substantially similar to First Party’s services or products.

  • Competitive Position means any employment with a Competitor in which Executive will use or is likely to use any Confidential Information or Trade Secrets, or in which Executive has duties for such Competitor that relate to Competitive Services and that are the same or similar to those services actually performed by Executive for the Company;

  • Competitive Product means a product or service, made or provided by a Competitor, which is the same as or is directly competitive with one with respect to which the Employee acquired confidential information relating to the Company, or its business, products or services by reason of the Employee's work with the Company.

  • Competitive Business Activity means:

  • Competitive Products shall include any product or service that directly or indirectly competes with, is substantially similar to, or serves as a reasonable substitute for, any product or service in research, development or design, or manufactured, produced, sold or distributed by the Company;