Non-Competition Restriction definition

Non-Competition Restriction means any contractual provision, or any restriction based on or arising from common law, that directly or indirectly restricts the ability or legal right of a Potential Employee to:
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Non-Competition Restriction means: the Executive shall not after termination of his employment, whether on his own behalf, or for any other person, firm, company, business entity or other organisation, be directly or indirectly employed or engaged in or perform services in respect of or be concerned with or interested in or accept a directorship of or hold any other office within any Competing Business in those geographical areas in which he was so involved, on behalf of the Company during the final 12 months of his employment.
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Examples of Non-Competition Restriction in a sentence

  • For the avoidance of doubt, if the post-employment restriction period with respect to a Non-Competition Restriction or Non-Solicitation Restriction set forth in an Award Agreement ends on any date following the last date that all Outstanding Awards are vested and exercisable or distributable, such post-employment restriction period shall not be modified.

  • To facilitate the exercise of shareholders’ voting rights electronically, candidates for election to the 15th Board of Directors who have done something for themselves or on behalf of other persons that is within the scope of the Company’s business are listed in the Abolishment of Non-Competition Restriction List attached to the Meeting Handbook.

  • Release of the Non-Competition Restriction for members of the Company’s Board of Directs.

  • Other Discussion Items 57 Removal of Non-Competition Restriction Against the Corporation’s 9th Board of Directors.

  • Approved to release Non-Competition Restriction on Newly-Elected Directors12.

  • Procedure for the Election of Directors and Supervisors”(5) Release of the Non-Competition Restriction for members of the Company’s Board of Director(6) Allocation of cash from capital surplus8.

  • Resolution:【Discussions】1st Motion:Agenda: Requesting a Release of the Non-Competition Restriction for new members of the Company’s Board of Directors.

  • Discussions(1) Amendments to Regulations for Acquisition and Disposal of Assets(2 )Release of the Non-Competition Restriction for members of the Company’s Board of Directors(3) Amendments to the “WAN HAI LINES LTD.

  • Execution Status of Directors Avoiding Conflict of Interest: The Director’s name, the content of motion, the reasons for avoidance of conflict of interest, and the situation of participating in voting shall be given: Date Name Chuan Lin, Content of Motion Reasons for Avoidance of Conflict of Interest Situation of Participating in Voting 2021.3.10 CARL HSIAO, Removal of Directors’ The Company’s Director The Directors of the Company did Chao-I Chiang, Non-Competition Restriction.

  • The following paragraph is added as the new Paragraph 9(e):(e) Non-Competition Restriction.

Related to Non-Competition Restriction

  • Non-Competition Agreement has the meaning set forth in Section 2.1 of this Agreement.

  • Restrictive Covenant Agreement means any agreement, and any attachments or schedules thereto, entered into by and between the Participant and the Partnership or its Affiliates, pursuant to which the Participant has agreed, among other things, to certain restrictions relating to non-competition (if applicable), non-solicitation and/or confidentiality, in order to protect the business of the Partnership and its Affiliates.

  • Non-Competition Period means the period the Executive is employed by the Company plus one (1) year from the Termination Date if the Executive's employment is terminated (i) by the Company for any reason, (ii) by the Executive for any reason, or (iii) by reason of either the Company's or the Executive's decision not to extend the term of this Agreement as contemplated by Section 1 hereof.

  • Non-Competition Agreements has the meaning set forth in the Recitals.

  • Restriction Agreement means the agreement setting forth the terms of an Award, and executed by a Grantee as provided in Section 7.1 hereof.

  • Restrictive Covenant Agreements is defined in the Recitals.

  • Non-Compete Agreement means that certain Non-Compete Agreement between the Company and the Executive in substantially the form attached hereto as Exhibit B.

  • Noncompetition Agreement has the meaning stated in Section 2.1.

  • Noncompetition Agreements as defined in Section 2.8(a)(iv). "Occupational Safety and Health Law"--any law or regulation designed to provide safe and healthy working conditions and to reduce occupational safety and health hazards, and any program, whether governmental or private (including those promulgated or sponsored by industry associations and insurance companies), designed to provide safe and healthful working conditions.

  • Nonsolicitation Period means the Employment Period and a period ending six months after the Date of Termination.

  • Restriction Release Date means such date, after the Effective Date, that the Board of Directors determines in good faith that it is in the best interests of the Corporation and its stockholders for the transfer restrictions set forth in this Article 4 to terminate.

  • Non-Compete Agreements shall have the meaning provided in Section 5.05.

  • Deed Restrictions means the deed restrictions to be recorded with respect to the Land, which deed restrictions shall be subject to the Director's approval and shall be commensurate with the nature and purpose of the Land as stated in the Recipient's application for grant funds under Revised Code Sections 164.20 through 164.27. The Deed Restrictions shall be perpetual and shall not be amended, released, extinguished or otherwise modified without the prior written approval of the Director, in the Director's sole discretion, who shall have full enforcement authority, as set forth more specifically in Section IX of this Agreement.

  • Nondisclosure Agreement shall have the meaning set forth in Section 6.2.

  • Noncompetition Period has the meaning set forth in Section 9.01.

  • Confidentiality Agreement has the meaning set forth in Section 6.3.

  • Restrictive Covenant has the meaning set forth in Section 6(c).

  • Disparagement means making comments or statements to the press, the Company’s or its Affiliates’ employees, consultants or any individual or entity with whom the Company or its Affiliates has a business relationship which could reasonably be expected to adversely affect in any manner: (a) the conduct of the business of the Company or its Affiliates (including, without limitation, any products or business plans or prospects); or (b) the business reputation of the Company or its Affiliates, or any of their products, or their past or present officers, directors or employees.

  • Restricted Share Agreement means the agreement between the Company and the recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares.

  • Existing Confidentiality Agreement shall have the meaning set forth in Section 6.6.

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with the terms of this Subscription Agreement.

  • Covenant not to compete means an agreement:

  • Confidentiality Agreements has the meaning set forth in Section 5(d).

  • Non-Compete Term means in the case of termination for any reason, the period from the Effective Date to the date ending 2 years following the date of termination.