Noncompete Restricted Period definition

Noncompete Restricted Period means a period of nine (9) months which begins on the date of Termination and ends nine (9) months after the date of Termination.
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Examples of Noncompete Restricted Period in a sentence

  • In his study, he observed that skills of individuals in the rural areas, need to be adjusted to match the relativity modern urban sector requirements, where training and education for the targeted pool of labour, is crucial.

  • If Executive exercised his option to receive Noncompete Compensation, then Executive or his personal representative shall be entitled to continue to receive a pro rata portion of Noncompete Compensation, based on the percentage of the Noncompete Restricted Period which had elapsed between the date of Termination and the date of death.

  • All payments of Noncompete Compensation shall terminate if, during the Noncompete Restricted Period, Executive violates any of the provisions of this Agreement under the headings “Nonsolicitation” and “Confidentiality and Nondisclosure”, or if Executive violates any of the provisions of the Noncompete Addendum.

  • Executive has carefully considered the consequences of the execution of this Noncompete Addendum, has determined that WCI’s agreement to pay Noncompete Compensation (which is equal to the entire amount of Executive’s Base Salary which Executive would have received for full time employment with the Company during the Noncompete Restricted Period) is adequate compensation for such agreement and restrictions, and that such restrictions will not adversely affect Executive’s opportunities in the future.

  • Executive has carefully considered the consequences of the execution of this Noncompete Addendum, has determined that WCI's agreement to pay Noncompete Compensation (which is equal to the entire amount of Executive's Base Salary which Executive would have received for full time employment with the Company during the Noncompete Restricted Period) is adequate compensation for such agreement and restrictions, and that such restrictions will not adversely affect Executive's opportunities in the future.

  • All payments of Noncompete Compensation shall terminate if, during the Noncompete Restricted Period, Executive violates any of the provisions of this Agreement under the headings "Nonsolicitation" and "Confidentiality and Nondisclosure", or if Executive violates any of the provisions of the Noncompete Addendum.

Related to Noncompete Restricted Period

  • Noncompete Period or "Nonsolicitation Period" means the period beginning the date hereof and ending on the second anniversary of the termination of Employee's employment with Employer.

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

  • Non-Compete Period means the period commencing on the Effective Date and ending twelve months after the earlier of the expiration of the Employment Period or the Executive’s Date of Termination.

  • Restricted Period means the 40-day distribution compliance period as defined in Regulation S.

  • Nonsolicitation Period means the Employment Period and a period ending eighteen months after the Date of Termination;

  • Restrictive Period means the period beginning on the Effective Date and ending two (2) years after the termination of the Executive’s employment hereunder.

  • 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.

  • Non-Competition Period means the period beginning at the end of the Term and ending one (1) year after the end of the Term.

  • 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.

  • Restriction Period means any period designated by the Committee during which (i) the Common Stock subject to a Restricted Stock Award may not be sold, transferred, assigned, pledged, hypothecated or otherwise encumbered or disposed of, except as provided in this Plan or the Agreement relating to such award, or (ii) the conditions to vesting applicable to a Restricted Stock Unit Award shall remain in effect.

  • Restricted Activity means directly or indirectly owning any interest in, managing, controlling, participating in, consulting with, rendering services for, or in any manner engaging in any business with any customer, supplier, competitor or other person having a business relation with the Company or any of its subsidiaries; provided however that the term "Restricted Activity" shall not include passive ownership of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Executive has no active participation in the business of that corporation.

  • Retention Period has the meaning set forth in Section 6.02.

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

  • Protected Period means the period that begins on the date six months before a Change in Control and ends on the earlier of six months following the Change in Control or the expiration date of this Agreement.

  • Consulting Period has the meaning assigned thereto in Section 14(f) hereof.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Restricted Employee means any individual who was employed by any member of the Company Group during the course of Employee’s term of employment and with whom Employee had material contact during the twelve (12) month period immediately preceding the date of Employee’s termination.

  • 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.

  • Severance Period means the period of time commencing on the date of the first occurrence of a Change in Control and continuing until the earlier of (i) the second anniversary of the occurrence of the Change in Control and (ii) the Executive’s death.

  • Termination Assistance Period means the period commencing upon the expiration or termination of this Agreement and each Statement of Work and expiring six (6) months thereafter, as such period may be extended by the Parties.

  • Resale Restriction Termination Date shall have the meaning specified in Section 2.05(c).

  • Restricted Activities means and includes the following:

  • Prohibited Period means the period during which Executive is employed by the Company hereunder and a period of two years following the end of Executive’s employment with the Company.

  • Non-Solicitation Period means a period of 12 months after the termination of Executive’s employment with the Company.

  • Competitive Activity will not include (i) the mere ownership of securities in any such enterprise and the exercise of rights appurtenant thereto or (ii) participation in the management of any such enterprise other than in connection with the competitive operations of such enterprise.

  • Defined Period means for any given calendar month or date of determination, the twelve (12) month period ending on the last day of such calendar month or if such date of determination is not the last day of a calendar month, the twelve (12) month period immediately preceding any such date of determination.