Competitive Activity. (i) The Participant shall be deemed to have engaged in “Competitive Activity” if, during the period commencing on the date hereof and ending on the later of (x) the date that is 12 months after the date the Participant’s employment with the Company and its Subsidiaries is terminated or (y) the maximum number of years of base salary the Participant is entitled to receive as severance under any agreement with, or plan or policy of the Company or an Affiliate (the “Restricted Period”), the Participant, whether on the Participant’s own behalf or on behalf of or in conjunction with any other person or entity, directly or indirectly violates any of the following prohibitions:
Appears in 9 contracts
Samples: Omnibus Incentive Plan Nonqualified Stock Option Agreement (Pinnacle Foods Inc.), Omnibus Incentive Plan Nonqualified Stock Option Agreement (Pinnacle Foods Inc.), Restricted Stock Award Agreement (Pinnacle Foods Inc.)
Competitive Activity. (i) The Participant shall be deemed to have engaged in “Competitive Activity” if, during the period commencing on the date hereof and ending on the later of (x) the date that is 12 months after the date the Participant’s employment Employment with the Company and its Subsidiaries is terminated or (y) the maximum number of years of base salary the Participant is entitled to receive as severance under any agreement with, or plan or policy of the Company or an Affiliate (the “Restricted Period”), the Participant, whether on the Participant’s own behalf or on behalf of or in conjunction with any other person or entity, directly or indirectly violates any of the following prohibitions:
Appears in 5 contracts
Samples: Performance Restricted Share Agreement (Pinnacle Foods Inc.), Performance Share Unit Agreement (Pinnacle Foods Inc.), Performance Share Unit Agreement (Pinnacle Foods Inc.)
Competitive Activity. (i) The Participant shall be deemed to have engaged in “Competitive Activity” if, during During the period commencing on the date hereof and ending on the later of (x) the date that is 12 months after the date the Participant’s employment with the Company and its Subsidiaries is terminated or (y) the last day of the period equal to the maximum number of years of base salary the Participant is entitled to receive as severance under any agreement with, or plan or policy of the Company or an Affiliate (the “Restricted Period”), the ParticipantParticipant agrees not to violate or cause to be violated, whether on the Participant’s own behalf or on behalf of or in conjunction with any other person or entity, directly or indirectly violates indirectly, any of the following prohibitions:
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Pinnacle Foods Inc.), Restricted Stock Award Agreement (Pinnacle Foods Inc.)
