Covenant Against Competition and Solicitation. (a) I acknowledge and understand that, in view of my position as an employee of the Company, I may have previously been afforded, or in the future may be afforded, access to the Company’s Confidential Information and that of its affiliates. I therefore agree that during the course of my employment with the Company or any of its affiliates and for a period of 12 months after termination of my employment with the Company and all of its affiliates (for any reason or no reason) (the “Restricted Period”), I will not, anywhere within the United States of America or any other country or territory in which the Company or its affiliates conducts business, either directly or indirectly, whether alone or as an employee, employer, consultant, independent contractor, agent, principal, partner, joint venturer, stockholder, member, officer, director or otherwise of any company or other business enterprise, or in any other individual or representative capacity, engage in, assist in, participate in, or otherwise be connected to or benefit from any Competitive Business. As used in this Agreement, “
Covenant Against Competition and Solicitation. (A) Employee acknowledges and understands that, in view of the position that Employee holds or will hold as an employee of Employer, Employee's relationship with Employer will afford Employee extensive access to Confidential Information of the Company. Employee therefore agrees that during the course of Employee's employment with Employer and for a period of 18 months after termination of Employee's employment with Employer (for any reason or no reason) (collectively, "Restricted Period"), Employee shall not, anywhere in the world, either directly or indirectly, as an owner, stockholder, member, partner, joint venturer, officer, director, consultant, independent contractor, agent or employee, with or without remuneration, engage in any business or other commercial activity that is engaged in the business of (i) designing, developing and/or commercializing electrotherapeutic technologies or (ii) designing, developing, marketing, selling, distributing and/or providing any products or services that are of the same nature as a product or service provided by the Company or a product or service that the Company is developing or seeking to provide and of which Employee has knowledge. Notwithstanding the foregoing, nothing herein shall be deemed to prohibit Employee's ownership of less than 2% of the outstanding shares of any publicly traded corporation that conducts a business competitive with that of Employer.
Covenant Against Competition and Solicitation. (A) Employee acknowledges and understands that, in view of the position that Employee holds or will hold as an employee of Employer, Employee's relationship with Employer will afford Employee extensive access to Confidential Information of the Company. Employee therefore agrees that during the course of Employee's employment with Employer and for a period of 18 months after termination of Employee's employment with Employer (for any reason or no reason) (collectively, "RESTRICTED PERIOD"), Employee shall not, anywhere in the world, either directly or indirectly, as an owner, stockholder, member, partner, joint venturer, officer, director, consultant, independent contractor, agent or employee, with or without remuneration, engage in any business or other commercial activity that is engaged in the business of (i) designing, developing and/or commercializing electrotherapeutic technologies or (ii) designing, developing, marketing, selling, distributing and/or providing any products or services that are of the same nature as a product or service provided by the Company or a product or service that the Company is developing or seeking to provide and of which Employee has knowledge. Notwithstanding the foregoing, nothing herein shall be deemed to prohibit Employee's ownership of less than 2% of the outstanding shares of any publicly traded corporation that conducts a business competitive with that of Employer.
Covenant Against Competition and Solicitation. (A) Executive acknowledges and understands that, in view of the position that Executive holds as an executive-level employee of Employer, Executive's relationship with Employer will afford Executive extensive access to Confidential Information of the Company. Executive therefore agrees that during the course of Executive's employment with Employer and for a period of eighteen (18) months after termination of Executive's employment with Employer (for any reason or no reason) (collectively, "Restricted Period"), Executive shall not: (i) anywhere within the United States of America or any other country in which the Company then conducts or proposes to conduct business, either directly or indirectly, as an owner, stockholder, member, partner, joint venturer, officer, director, consultant, independent contractor, agent or employee, engage in any business or other commercial activity which is engaged in or is seeking to engage in a "competitive business." As used in this Agreement, the term "
Covenant Against Competition and Solicitation. (A) Executive acknowledges and understands that, in view of the position that Executive holds or will hold as an employee of Employer, Executive’s relationship with Employer will afford Executive extensive access to Confidential Information of Employer and its affiliates and subsidiaries. Executive therefore agrees that during the course of Executive’s employment with Employer and for a period of twelve (12) months after termination of Executive’s employment with Employer (for any reason or no reason) (collectively, “Restricted Period”), Executive shall not: (i) anywhere within the United States of America, Canada or any other country in which Employer or any of its affiliates or subsidiaries then conducts or proposes to conduct business, either directly or indirectly, as an owner, stockholder, member, partner, joint venturer, officer, director, consultant, independent contractor, agent or employee, engage in any business or other commercial activity that is engaged in or is seeking to engage in a “competitive business”. As used in this Agreement, the term “
Covenant Against Competition and Solicitation. (a) In order to induce HSNS to enter into this Agreement and to issue the Common Stock and make payments as provided herein, Summus and each Stockholder hereby agrees that, for the period of eighteen (18) months immediately following the Closing Date, each of them will not, without the prior written consent of HSNS, for his own account or jointly with another, directly or indirectly, for or on behalf of any Person, as principal, agent or otherwise:
Covenant Against Competition and Solicitation. To preserve the value of the goodwill purchased by Purchaser, and to reduce the cost to Purchaser of monitoring and enforcing the compliance of Seller with the confidentiality obligations contained in Section 9.01, Seller covenants and agrees that, during the five (5) year period from and after Closing, it will not, and it will cause its shareholders, directors, officers, employees, agents and Affiliates to not, without the express written consent of Purchaser and only to the extent authorized by Purchaser:
Covenant Against Competition and Solicitation. Except as provided in Section 6(e), during the Noncompetition Period (defined below), Employee shall not, directly or indirectly, in any capacity:
Covenant Against Competition and Solicitation. To preserve the value of the goodwill purchased by Purchaser, and to reduce the cost to Purchaser of monitoring and enforcing the compliance of Members with the confidentiality obligations contained in Section 9.01, Members covenant and agree that, during the Prohibited Period, unless there has been a default under the Lease or either of the 3-D Promissory Notes that has not been cured in the period of time allowed for cure in the applicable instrument, they will not, and they will cause their owners and officers, to not, without the express written consent of Purchaser and only to the extent authorized by Purchaser:
Covenant Against Competition and Solicitation. (i) Consultant and Consultant's Representative acknowledge and understand that, in view of the nature of Consultant's engagement by the Company, Consultant's and Consultant's Representative's relationship with the Company will afford Consultant and its employees and agents (including, without limitation, the Consultant's Representative) extensive access to Confidential Information of the Company. Consultant and Consultant's Representative therefore agree that during the Restricted Period (as defined below), neither Consultant nor Consultant's Representative shall, anywhere in the world, either directly or indirectly, as an owner, stockholder, member, partner, joint venturer, officer, director, consultant, independent contractor, agent, or employee, with or without remuneration, engage in any business or other commercial activity that is engaged in or is seeking to engage in the business of (i) designing, developing and/or commercializing electrotherapeutic technologies or (ii) designing, developing, marketing, selling, distributing and/or providing any products or services that are of the same nature as a product or service provided by the Company or a product or service which the Company is developing or seeking to provide and of which the Consultant or Consultant's Representative has knowledge. Notwithstanding the foregoing, nothing herein shall be deemed to prohibit Consultant's or any Consultant's Representative's ownership of less than 5% of the outstanding shares of any publicly traded corporation that conducts a competitive business. As used in this Agreement, "
