Employees Covenant Not to Compete Sample Clauses

Employees Covenant Not to Compete. The Employee acknowledges that he will serve as the President and Chief Executive Officer of DCOF and in such capacity the Employee will be DCOF's representative with clients, customers, borrowers, suppliers, investors and the potential clients, customers, borrowers, suppliers, and investors in, of, to and from DCOF The Employee also acknowledges that he will have access to confidential information about DCOF and its clients, customers, borrowers, suppliers, and investors and that he will have access to other "Proprietary Information" (as that term is defined in Section 11.3 below) acquired by DCOF at the expense of DCOF for use in its business. The Employee has substantial contacts and experience in and possesses special, unique and extraordinary skills and knowledge related to all aspects of DCOF's business. The Employee's contact base and professional skills and services to DCOF are special, unique and extraordinary, and the continued success of DCOF is highly dependent upon the Employee's discharge of his duties and responsibilities as provided herein. Accordingly, by execution of this Agreement:
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Employees Covenant Not to Compete. The Employee acknowledges that he will serve as the Vice President, Sales and Marketing of First Scientific and in such capacity the Employee will be First Scientific's representative with clients, customers, suppliers, investors and the potential clients, customers, suppliers and investors in, of and to First Scientific. The Employee also acknowledges that he will have access to confidential information about First Scientific and its actual and potential clients, customers, suppliers, and investors and that he will have access to other "Proprietary Information" (as that term is defined in Section 10.3 below) acquired by First Scientific at the expense of First Scientific for use in its business. The Employee has and will develop in the course of his employment substantial contacts and experience in and possesses special, unique and extraordinary skills and knowledge related to all aspects of First Scientific's business. The Employee's professional skills and services to First Scientific and the contact base which he now has and will develop in the course of his employment are special, unique and extraordinary, and the continued success of First Scientific is highly dependent upon the Employee's discharge of his duties and responsibilities as provided herein. Accordingly, by execution of this Agreement:
Employees Covenant Not to Compete. Employee agrees that, by virtue of the relationship of trust and confidence between Employee and the Company, Employee has or will have certain information and knowledge of the business and operations of the Company that are confidential and proprietary in nature, including, without limitation, information about equipment, processes, technology, customers and customer contracts.
Employees Covenant Not to Compete. Employee acknowledges that the covenant not to compete set forth below is an agreement that is designed to enforce and is ancillary to the Employee s agreement to protect and not to disclose the Company's trade secrets and other confidential information as set forth above. Employee further agrees to be bound by this covenant not to compete in order to enforce his obligation to the Company to refrain from the disclosure of confidential or proprietary inform- ation. Employee acknowledges that the Company has established a valuable and extensive trade in the services it provides, which has been developed at considerable expense to the Company. Employee agrees that, by virtue of the special training and knowledge that he will receive from the Company, and the relationship of trust and confidence between Employee and the Company, Employee will obtain certain information and knowledge of the business and operations of the Company that are confidential and proprietary in nature, including, without limitation, information about equipment, processes, technology, customers, and customer contracts.
Employees Covenant Not to Compete. 7.1 COVENANT NOT TO COMPETE.
Employees Covenant Not to Compete 

Related to Employees Covenant Not to Compete

  • Covenant Not to Compete Intel shall not be required to agree to any covenants including without limitation any covenant not to compete or any covenant not to solicit any of the customers, employees or suppliers of any party to the Transaction. Furthermore, notwithstanding the foregoing, the obligation of Orbotech to sell its shares (the “OrbotechTransaction”) pursuant to this Article 29B shall be subject to the condition that the only representations, warranties or indemnities that Orbotech shall be required to make in connection with the Orbotech Transaction are representations, warranties and indemnities concerning (i) legal ownership of the Company’s securities to be sold by Orbotech (the “Orbotech Securities”), and (ii) the corporate authority of Orbotech to convey title to the Orbotech Securities, and the ability to do so free and clear of liens, encumbrances or adverse claims (the “Orbotech Required Obligations”). The Orbotech Required Obligations shall be in the same form as those to be given by each of the other shareholders of the Company and shall be given by Orbotech on a several (but not joint) basis only. 29C. STAND STILL Notwithstanding anything to the contrary in these Articles, any issuance of securities by the Company, and any sale, transfer, pledge, encumbrance or other disposal of any of the securities of the Company (by the Company or any shareholder), or any other action (including repurchase of any shares of the Company by the Company or by any subsidiary thereof), other than any action in which the provisions of Article 29B (Bring Along) shall apply, which results in a Strategic Investor (as defined below) whether or not a shareholder of the Company, holding (together with affiliates, Permitted Transferees, or other parties acting in concert with it) more than 20% of the voting rights in the Company, is prohibited unless approved in writing in advance by the Majority Preferred Shareholders (excluding, for the purposes of such majority, any Strategic Investors and their affiliates and Permitted Transferees or other parties acting in concert with them) and on terms and conditions approved by them. Any of the transactions set forth in the forgoing sentence not so approved shall be null and void and shall not be registered in the Company’s Shareholders Register. For purpose hereof a “Strategic Investor” shall mean a corporation or other business entity whose business is related to the Company’s business and who is likely to have a business or technologic interest in the Company’s business, as distinguished from an interest for the sole purpose of a financial investment. CALLS

  • Covenants Not to Compete No Initial Stockholder, employee, officer or director of the Company is subject to any noncompetition agreement or non-solicitation agreement with any employer or prior employer which could materially affect his ability to be an Initial Stockholder, employee, officer and/or director of the Company.

  • Limited Covenant Not to Compete During the Employment Term and for a period of two years thereafter, commencing with the Date of Termination, Employee agrees that, with respect to each State of the United States or other jurisdiction, or specified portions thereof, in which the Employee regularly (a) makes contact with customers of the Company or any of its subsidiaries, (b) conducts the business of the Company or any of its subsidiaries or (c) supervises the activities of other employees of the Company or any of its subsidiaries, as identified in Appendix B attached hereto and forming a part of this Agreement, and in which the Company or any of its subsidiaries engages in the Death Care Business on the Date of Termination (collectively, the "Subject Areas"), Employee will restrict his activities within the Subject Areas as follows:

  • Agreement Not to Compete In order to protect the business interests and good will of Company and its Affiliates with respect to Customers and accounts, and to protect Confidential Information, Executive covenants and agrees that for the entire period of time that this Agreement remains in effect, and for a period of one (1) year after termination of Executive’s employment for any reason, Executive will not:

  • Covenant Not to Compete or Solicit (a) The Executive recognizes that the services to be performed by him hereunder are special, unique and extraordinary. The parties confirm that it is reasonably necessary for the protection of the Corporation that the Executive agree, and accordingly, the Executive does hereby agree, that he shall not, directly or indirectly, at any time during the “Restricted Period” within the “Restricted Area” (as those terms are defined in Section 10(e) below):

  • Covenants Not to Compete or Interfere This Agreement incorporates all the terms of that certain Noncompete Agreement between Employee and the Company, as if fully set forth herein. The parties hereby acknowledge that any severance payments made under Section 5 of this Agreement shall be consideration for Employee’s covenant not to compete with the Company.

  • Covenant Not to Compete; Non-Solicitation Executive acknowledges and recognizes the highly competitive nature of the Company’s Business and the goodwill and business strategy of the Company constitute a substantial asset of the Company. Executive further acknowledges and recognizes that during the course of the Executive’s employment Executive will receive specific knowledge of the Company’s Business, access to trade secrets and Confidential Information (as hereinafter defined), participate in business acquisitions and decisions, and that it would be impossible for Executive to work for a competitor without using and divulging this valuable Confidential Information. Executive further acknowledges that this covenant not to compete is an independent covenant within this Agreement. This covenant shall survive this Agreement and shall be treated as an independent covenant for the purposes of enforcement. Executive agrees to the following:

  • General Release and Covenant Not to Xxx (a) Release by Stockholder Parties. EFFECTIVE AS OF THE EFFECTIVE TIME, STOCKHOLDER, ON BEHALF OF STOCKHOLDER, STOCKHOLDER'S ATTORNEYS, HEIRS, EXECUTORS, ADMINISTRATORS, ASSIGNS, AND TRUSTS, PARTNERSHIPS AND OTHER ENTITIES UNDER STOCKHOLDER'S CONTROL (TOGETHER THE "STOCKHOLDER PARTIES"), HEREBY GENERALLY RELEASES AND FOREVER DISCHARGES COMPANY AND ITS PREDECESSORS, SUCCESSORS, ASSIGNS, SUBSIDIARIES AND AFFILIATES AND FAMILY MEMBERS (AS DEFINED BELOW), OFFICERS (OTHER THAN XXXX XXXXX AND XXXXXX XXXXX), EMPLOYEES, AGENTS, REPRESENTATIVES, PRINCIPALS AND ATTORNEYS, AND, SUBJECT TO SECTION 14 HEREOF, DIRECTORS, XXXX XXXXX AND XXXXXX XXXXX (TOGETHER THE "COMPANY PARTIES") FROM ANY AND ALL CLAIMS, DEMANDS, LIABILITIES, SUITS, DAMAGES, LOSSES, EXPENSES, ATTORNEYS' FEES, OBLIGATIONS OR CAUSES OF ACTION, KNOWN OR UNKNOWN OF ANY KIND AND EVERY NATURE WHATSOEVER, AND WHETHER OR NOT ACCRUED OR MATURED (COLLECTIVELY, "CLAIMS"), WHICH ANY OF THEM MAY HAVE ARISING OUT OF OR RELATING TO ANY OMISSION, ACTS OR FACTS THAT HAVE OCCURRED UP AND UNTIL AND INCLUDING THE EFFECTIVE TIME, INCLUDING WITHOUT LIMITATION:

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