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.
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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.