Non-Competition Covenant definition

Non-Competition Covenant means that Executive shall not, without the written consent of the Bank, either directly or indirectly become an officer, employee, consultant, director, independent contractor, agent, joint venturer, partner or trustee of any savings bank, savings and loan association, savings and loan holding company, commercial bank, credit union, bank or bank holding company, any mortgage or loan broker or any other entity (excluding not-for-profit entities other than credit unions) that competes with the business of the Bank or any of their direct or indirect subsidiaries or affiliates that has a headquarters, or one or more offices, within the New York Counties of Dutchess, Putnam, Sullivan, Westchester, Rockland, Orange or Bronx, or the Connecticut County of Fairfield.

Non-Competition Covenant means the terms and promises set forth in Paragraph 2(f).

Non-Competition Covenant has the meaning set forth in Section 3.2.2.

Examples of Non-Competition Covenant in a sentence

• In consideration of the benefits received under this Transition Agreement, the Executive hereby reconfirms his obligations under the Restrictive Covenants in all respects, and agrees and acknowledges that the Non-Competition Covenant Termination Date (as used in the Employment Agreement) shall mean the date that is two years following the date of termination of the Executive’s employment with the Company (e.g., at the end of the Transition Period).

• The restrictions of this Non-Competition Covenant apply to all activity performed throughout the United States (the “Restricted Area”).

• At its sole election, Capital One may waive the Non-Competition Covenant set forth in Paragraph 1(c) in whole or in part if it determines that its enforcement is not required to protect its legitimate business interests.

• This Non-Competition Covenant includes, but is not limited to, the Employee agreeing not to directly or indirectly, during the period specified, divert or attempt to divert current or former customers of the Employer to seek services similar to those provided by the Employer.

• You agree that, if Your employment with Capital One terminates, You will be able to earn a livelihood without violating this Agreement, including, without limitation, the Non-Competition Covenant set forth in Paragraph 1(c).

More Definitions of Non-Competition Covenant

Non-Competition Covenant has the meaning set out in Section 7.12(d).

Non-Competition Covenant means the covenant of Weatherford set forth in Section 4.5 of this Agreement. “Non-U.S. Plan” has the meaning set forth in Section 3.1.23(c).

Non-Competition Covenant. As defined in Section 3.3(b)(iii) and as set ------------------------ forth in Section 3.5.

Non-Competition Covenant set forth in Section 10 of the Employment Agreement was intended to bind Xx. Xxxxxxxx following his separation of employment, and therefore, acknowledges and agrees that the terms of Section 10 of the Employment Agreement, the terms of which are hereby incorporated in this Agreement by this reference and made a substantive part hereof, remain, and shall remain, in full force and effect notwithstanding the termination of his employment with the Company.

Non-Competition Covenant has the meaning as defined in Section 7.1 hereof Party/Parties means any of the parties to this Agreement Products means the products distributed by Target on the Closing Date and during the 12 (twelve) months prior to the Closing Date and specified in EXHIBIT A and any developments or versions resulting from these products Signing Date means the date hereof Shares means all shares in Target as defined in Section 2.1 hereof Target means Paul Lippke Handels-GmbH Prozess- und Xxxxxxxxteme, Neuwied, registered under HRB 1054 in the commercial register of the Local Court (AMTSGERICHT) Neuwied Taxes or Tax mean all taxes, ancillary tax-related charges (STEUERLICHE NEBENLEISTUNGEN), customs charges, social security payments and contributions, workers' compensation charges including charges of the German BERUFSGENOSSENSCHAFT and any other governmental fiscal charges, contributions and public levies of any kind Territory has the meaning as defined in Section 7.1 hereof Third Party Claim has the meaning as defined in Section 6.4.1 hereof Transfer Deed has the meaning as defined in Section 2.5 hereof

Non-Competition Covenant and “Non-Competition Covenants” shall have the meanings set forth in Section 9.1(d).

Non-Competition Covenant has the meaning given to it in Section 8.