Common use of No Competition Clause in Contracts

No Competition. Notwithstanding Section 7.1 above, while employed by the Company and for a period equal to the greater of one (1) year after the termination of the Executive's employment with the Company for any reason whatsoever, the Executive shall not, directly or indirectly, as an executive, employer, employee, consultant, agent, principal, partner, manager, stockholder, officer, director, or in any other individual or representative capacity, engage or participate in any business within the PRC and/or Hong Kong that is competitive with the business of the Company or any Affiliate. Notwithstanding the foregoing, the Executive may own less than one percent (1%) of any class of stock or security of any corporation listed on an internationally recognized securities exchange which competes with the Company.

No Competition. Notwithstanding Section 7.1 above, while employed by the Company and for a period equal to the greater of one six (16) year months after the termination of the Executive's employment with the Company for any reason whatsoever, the Executive shall not, directly or indirectly, as an executive, employer, employee, consultant, agent, principal, partner, manager, stockholder, officer, director, or in any other individual or representative capacity, engage engage, aid, counsel or participate in any business within the PRC and/or Hong Kong and the People’s Republic of China that is competitive with the business of the Company or any Affiliate. Notwithstanding the foregoing, the Executive may own less than one percent (1%) of any class of stock or security of any corporation listed on an internationally recognized securities exchange which competes with the Company.

No Competition. Notwithstanding Section 7.1 above, while employed by the Company and for a period equal to the greater of one (1) year after the termination of the Executive's ’s employment with the Company for any reason whatsoeverwhatsoever or such period of time for which the Executive is entitled to receive severance payments in accordance with Section 4.4 or 5.2 herein, the Executive shall not, directly or indirectly, as an executive, employer, employee, consultant, agent, principal, partner, manager, stockholder, officer, director, or in any other individual or representative capacity, engage or participate in any business within Hong Kong and/or the PRC and/or Hong Kong that is competitive with the business of the Company or any Affiliate. Notwithstanding the foregoing, the Executive may own less than one five percent (15%) of any class of stock or security of any corporation listed on an internationally recognized securities exchange which competes with the Company.

No Competition. Notwithstanding Section 7.1 above, while employed by the Company and for a period equal to the greater of one six (16) year months after the termination of the Executive's employment with the Company for any reason whatsoever, the Executive shall not, directly or indirectly, as an executive, employer, employee, consultant, agent, principal, partner, manager, stockholder, officer, director, or in any other individual or representative capacity, engage engage, aid, counsel or participate in any business within the PRC and/or Hong Kong and the People's Republic of China that is competitive with the business of the Company or any Affiliate. Notwithstanding the foregoing, the Executive may own less than one percent (1%) of any class of stock or security of any corporation listed on an internationally recognized securities exchange which competes with the Company.

No Competition. Notwithstanding Section 7.1 above, while employed by the Company and for a period equal to the greater of one six (16) year months after the termination of the Executive's ’s employment with the Company for any reason whatsoever, the Executive shall not, directly or indirectly, as an executive, employer, employee, consultant, agent, principal, partner, manager, stockholder, officer, director, or in any other individual or representative capacity, engage engage, aid, counsel or participate in any business within the PRC and/or Hong Kong and the People’s Republic of China that is competitive with the business of the Company or any Affiliate. Notwithstanding the foregoing, the Executive may own less than one percent (1%) of any class of stock or security of any corporation listed on an internationally recognized securities exchange which competes with the Company.