Key Competitor definition

Key Competitor means those Competing Businesses that Company designates in writing as such within thirty (30) days of the date Executive’s employment with the Company is terminated; provided, further however, the Company may not designate more than 5 entities as a Key Competitor.
View Source

Examples of Key Competitor in a sentence

  • Lessee’s determination of whether a prospective tenant/assignee/sublessee is a Key Competitor shall be made in good faith.

  • Furthermore, and notwithstanding anything to the contrary in this Agreement, Executive acknowledges and understands that at no time during the Prohibited Period may he accept any engagement or employment of any nature with any of the entities that Companies identifies as a Key Competitor following the termination of Executive’s employment with the Company.

  • Buyer may terminate this Section 5.9 (without affecting the remainder of this Agreement) upon written notice from Buyer to the Licensors if (y) the Sellers are acquired (whether by merger, amalgamation, arrangement, asset or equity purchase or similar transaction) by any Person (or group of Persons acting together through one or more related transactions) that is one of Fibocom's Wireless Inc.'s top three competitors (a "Key Competitor"), or (z) this Agreement is assigned to a Key Competitor.

Related to Key Competitor

  • Company Competitor means any competitor of the Borrower and/or any of its subsidiaries.

  • Direct Competitor means any individual, partnership, corporation, limited liability company, association, or other group, however organized, who competes with the Company in the full service restaurant business.

  • Competitor means any company, other entity or association or individual that directly or indirectly is engaged in the Company’s Business.

  • Competitive Business Activity means:

  • Competitive Entity means any person, entity or business that (i) competes with any of the Company’s or any of its affiliate’s programming or other existing businesses, nationally or regionally; or (ii) directly competes with any other business of the Company or one of its subsidiaries that produced greater than 10% of the Company’s revenues in the calendar year immediately preceding the year in which the determination is made. Ownership of not more than 1% of the outstanding stock of any publicly traded company shall not, by itself, be a violation of this paragraph. This agreement not to compete will expire on the first anniversary of the date on which your employment with the Company has terminated if such termination occurs prior to the Expiration Date.