Covenant not to compete definition

Covenant not to compete means a covenant or agreement, including a provision of a contract of

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Covenant not to compete means an agreement:

Covenant not to compete. During the Executive’s employment and for a period of two (2) years following the last day of the Executive’s employment, the Executive will not, directly or indirectly, compete with the Company by acting “in a competitive capacity” (as defined in Section 8.2(c)), whether as an individual, partner, or joint venturer, for, or on behalf of, any person or entity operating or developing the same or similar business as the Company within any Metropolitan Statistical Area (as defined under applicable regulations of the Census Bureau of the U.S. Department of Commerce) in which the Company has a business location or in which the Company is engaged in real estate site selection. Entities (including the affiliates of such entities) engaged, or which could become engaged, in the same or similar business as the Company include, but are not limited to: Sonic Automotive, Inc.; Lithia Motors, Inc.; Group 1 Automotive, Inc.; UnitedAuto Group; AutoNation, Inc.; Penske Motors; Xxxxxx Automotive Group; Price One; Xxxxxxxx Automotive Group; CarMotive; Saturn Group; Hertz; Enterprise; and any automotive retail operation affiliated with, owned, operated, or controlled by Home Depot, Inc., Xxxx’x Companies, Inc., Target Corporation, Wal-Mart Stores, Inc., Sears, Xxxxxxx and Company, Carrefour, Costco Wholesale Corporation, Royal Dutch/Shell Group of Companies, Exxon Mobil Corporation, ChevronTexaco Corp., or Gulliver International Co., Ltd.

Examples of Covenant not to compete in a sentence

Any party(ies) to whom warrants or their underlying shares are assigned shall be bound by this Covenant not to compete.
Should you violate this Covenant not to compete, any amounts otherwise due you pursuant to this Agreement shall be forfeited, and any amounts previously paid hereunder shall be refunded by you to the Bank.
Covenant not to compete or affiliate:I hereby further acknowledge and agree not to create a same or similar non-profit 501(c)3 organization as PAVA World.
Home improvement stores generate GHG emissions from a variety of sources including: customer and worker vehicle trips, operating on-site machinery such as forklifts, watering the gardening department, and lighting.
As of June 30, 2006 As of December 31, 2005 Carrying Accumulated Carrying Accumulated Amount Amortization Net Amount Amortization Net Covenant not to compete$ 140 $ 51 $ 89 $ 1,634 $ 1,491 $ 143Customer relationships16,300 1,992 14,308 17,371 2,491 14,880Corporate tradename2,500 306 2,194 2,652 370 2,282Total $ 18,940 $ 2,349 $ 16,591 $ 21,657 $ 4,352 $ 17,305 Amortization expense from continuing operations for the three months ended June 30, 2006 and 2005 was $320,000.

Covenant not to compete. The restrictions described in Section 1(a) are intended to cover geographic territory where your knowledge of the Corporation’s trade secrets could be used by a Restricted Company to unfairly compete with or undermine the Corporation’s legitimate business interests.

Covenant not to compete means an agreement between an

Covenant not to compete means a covenant or agreement, including a provision of a contract of employment, between an employer and employee that restrains, prohibits, or otherwise restricts an individual's ability, following the termination of the individual's employment, to compete with his former employer. A "covenant not to compete" shall not restrict an employee from providing a service to a customer or client of the employer if the employee does not initiate contact with or solicit the customer or client.

Covenant not to compete means a covenant or agreement, including a

Covenant not to compete means any contract that restricts the right of a physician to

Covenant not to compete is defined in Section 5.10.

Covenant not to compete means, collectively, the covenants of Seller set forth in Section 10.5 hereof.