Competition with the Company. The Executive covenants and agrees that during the Term of this Agreement and for a period of two (2) years after termination of this Agreement, the Executive shall not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, member, stockholder, director, officer, employee or in any other capacity as principal or agent) compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than 5% of such company's outstanding shares.
Appears in 3 contracts
Samples: Employment Agreement (Eautoclaims Com Inc), Employment Agreement (Eautoclaims Com Inc), Employment Agreement (Eautoclaims Com Inc)
Competition with the Company. The Executive covenants and agrees that during the Term of this Agreement and for a period of two six (26) years months after termination of this Agreement, the Executive shall not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, member, stockholder, director, officer, employee or in any other capacity as principal or agent) compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than 5% of such company's outstanding shares.
Appears in 3 contracts
Samples: Employment Agreement (Eautoclaims, Inc), Employment Agreement (Eautoclaims, Inc), Employment Agreement (Eautoclaims, Inc)
Competition with the Company. The Executive covenants and agrees that that, during the Term of this Agreement and for a period of two (2) years after termination of this Agreementthe Agreement for any reason, the Executive shall will not, without the prior written consent of the CompanyCompany or its successor, directly or indirectly (whether as a sole proprietor, partner, member, stockholder, director, officer, employee or in any other capacity as principal or agent) ), compete with the Company. Notwithstanding this restriction, the Executive shall will be entitled during the term of this Agreement and for the two years following termination of this Agreement for any reason, to invest in stock of other competing public companies so long as his ownership is less than 5% of such company's ’s outstanding shares.
Appears in 3 contracts
Samples: Employment Agreement (MTS Medication Technologies, Inc /De/), Employment Agreement (MTS Medication Technologies, Inc /De/), Employment Agreement (MTS Medication Technologies, Inc /De/)
Competition with the Company. The Executive covenants and agrees that that, during the Term of this Agreement and for a period of two (2) years after termination of this Agreement, the Executive shall not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, member, stockholder, director, officer, employee or in any other capacity as principal or agent) compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than 5% of such company's outstanding shares.
Appears in 2 contracts
Samples: Employment Agreement (Eautoclaims Com Inc), Employment Agreement (Eautoclaims Com Inc)
Competition with the Company. The Executive covenants and agrees that during the Term of this Agreement and for a period of two six (26) years months after termination of this Agreement, the Executive shall not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, member, stockholder, director, officer, employee or in any other capacity as principal or agent) compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his her ownership is less than 5% of such company's outstanding shares.
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Competition with the Company. The Executive covenants and agrees that during the Term of this Agreement and for a period of two (2) years after termination of this Agreement, the Executive shall not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, member, stockholder, director, officer, employee or in any other capacity as principal or agent) compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his her ownership is less than 5% of such company's outstanding shares.
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Competition with the Company. The Executive covenants and agrees that during the Term of this Agreement and for a period of two twelve (212) years months after termination of this Agreement, the Executive shall not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, member, stockholder, director, officer, employee or in any other capacity as principal or agent) compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than 5% of such company's ’s outstanding shares.
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Competition with the Company. The Executive covenants and agrees that during the Term of this Agreement and for a period of two six (26) years months after termination of this Agreement, the Executive shall not, without the prior written consent of the Company, directly or indirectly (whether as a sole proprietor, partner, member, stockholder, director, officer, employee or in any other capacity as principal or agent) compete with the Company. Notwithstanding this restriction, Executive shall be entitled to invest in stock of other competing public companies so long as his ownership is less than 5% of such company's ’s outstanding shares.
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