Common use of Geographical Area Clause in Contracts

Geographical Area. The geographical area within which the non-competition covenants of this Agreement shall apply is that territory within two hundred (200) miles of: (i) any of the Company's present offices, (ii) any of the Company's present rig yards or rig operations, and (iii) any additional location where the Company, as of the date of any action taken in violation of the non-competition covenants of this Agreement, has an office, a rig yard, rig operation or definitive plans to locate an office, a rig operation or a rig yard or has recently conducted rig operations. Notwithstanding the foregoing, if the two hundred (200) mile radius extends into another country or its territorial waters and the Company is not then doing business in that other country, there will be no territorial limitations extending into such other country.

Appears in 3 contracts

Samples: Pride International Inc, Pride International Inc, Pride International Inc

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Geographical Area. The geographical area within which the non-competition covenants of this Agreement shall apply is that territory within two hundred (200) miles of: of (i) any of the Company's present offices, (ii) any of the Company's present rig yards or rig operations, and (iii) any additional location where the Company, as of the date of any action taken in violation of the non-competition covenants of this Agreement, has an office, a rig yard, rig operation or definitive plans to locate an office, a rig operation or a rig yard or has recently conducted rig operations. Notwithstanding the foregoing, if the two hundred (200) mile radius extends into another country or its territorial waters and the Company is not then doing business in that other country, there will be no territorial limitations extending into such other country.

Appears in 1 contract

Samples: Pride International Inc

Geographical Area. The geographical area within which the non-competition covenants of this Agreement shall apply is that territory within two hundred (200) miles of: (i) any of the Company's ’s present offices, (ii) any of the Company's ’s present rig yards or rig operations, and (iii) any additional location where the Company, as of the date of any action taken in violation of the non-competition covenants of this Agreement, has an office, a rig yard, rig operation or definitive plans to locate an office, a rig operation or a rig yard or has recently conducted rig operations. Notwithstanding the foregoing, if the two hundred (200) mile radius extends into another country or its territorial waters and the Company is not then doing business in that other country, there will be no territorial limitations extending into such other country.

Appears in 1 contract

Samples: Pride International Inc

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Geographical Area. The geographical area within which the non-competition covenants covenant of this Agreement Section 7.C shall apply is that territory within two hundred (200) miles of: of (i) any of the Company's ’s present offices, (ii) any of the Company's ’s present rig yards or rig operations, and (iii) any additional location where the Company, as of the date of any action taken in violation of the non-competition covenants of this Agreement, has an office, a rig yard, rig operation or definitive plans to locate an office, a rig operation or a rig yard or has recently conducted rig operations. Notwithstanding the foregoing, if the two hundred (200) mile radius extends into another country or its territorial waters and the Company is not then doing business in that other country, there will be no territorial limitations extending into such other country.

Appears in 1 contract

Samples: Retirement Agreement (Pride International Inc)

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