Common use of Non-Competition Covenant Clause in Contracts

Non-Competition Covenant. Without the consent in writing of the Board, Employee will not, during the Employment Agreement and, in the event of the termination of Employee’s employment by the Company for Cause or by the Employee without Good Reason, for a period of 12 months after such termination of employment (if by the Company for Cause or by Employee without Good Reason), acting alone or in conjunction with others, directly or indirectly engage (either as owner, investor, partner, stockholder, employer, employee, consultant, advisor or director) in activities on behalf of any entity or entities engaged in waste processing and disposal services for low-level radioactive-wastes, naturally occurring, accelerator produced, and exempt radioactive materials, and hazardous and PCB wastes. It is agreed that the ownership of not more than five percent (5%) of the equity securities of any company having securities listed on an exchange or regularly traded in the over-the-counter market shall not, of itself, be deemed inconsistent with this Section 15.02.

Non-Competition Covenant. Without the consent in writing of the Board, Employee Executive will not, during the Employment Agreement and, in the event of the termination of EmployeeExecutive’s employment by the Company for Cause or by the Employee Executive without Good ReasonReason or due to a Change of Control, for a period of 12 months after such termination of employment (if by the Company for Cause or by Employee without Good Reason)employment, acting alone or in conjunction with others, directly or indirectly engage (either as owner, investor, partner, stockholder, employer, employee, consultant, advisor or director) in activities on behalf of any entity or entities engaged in waste processing and disposal services for low-level radioactive-wastes, naturally occurring, accelerator produced, and exempt radioactive materials, and hazardous and PCB wastes. It is agreed that the ownership of not more than five percent (5%) of the equity securities of any company having securities listed on an exchange or regularly traded in the over-the-counter market shall not, of itself, be deemed inconsistent with this Section 15.0216.02.

Non-Competition Covenant. Without the consent in writing of the Board, Employee Executive will not, during the Employment Agreement and, in the event of the termination of EmployeeExecutive’s employment by the Company for Cause or by the Employee Executive without Good Reason, for a period of 12 months after such termination of employment (if by the Company for Cause or by Employee Executive without Good Reason), acting alone or in conjunction with others, directly or indirectly engage (either as owner, investor, partner, stockholder, employer, employee, consultant, advisor or director) in activities on behalf of any entity or entities engaged in waste processing and disposal services for low-level radioactive-wastes, naturally occurring, accelerator produced, and exempt radioactive materials, and hazardous and PCB wastes. It is agreed that the ownership of not more than five percent (5%) of the equity securities of any company having securities listed on an exchange or regularly traded in the over-the-counter market shall not, of itself, be deemed inconsistent with this Section 15.02.

Non-Competition Covenant. Without the consent in writing of the Board, Employee Executive will not, during the Employment Agreement and, in the event of the termination of EmployeeExecutive’s employment by the Company for Cause or by the Employee Executive without Good Reason, for a period of 12 months after such termination of employment (if by the Company for Cause or by Employee Executive without Good Reason), acting alone or in conjunction with others, directly or indirectly engage (either as owner, investor, partner, stockholder, employer, employee, consultant, advisor or director) in activities on behalf of any entity or entities engaged in waste processing and disposal services for low-level radioactive-wastes, naturally occurring, accelerator produced, and exempt radioactive materials, and hazardous and PCB wastes. It is agreed that the ownership of not more than five percent (5%) of the equity securities of any company having securities listed on an exchange or regularly traded in the over-the-counter market shall not, of itself, be deemed inconsistent with this Section 15.0216.02.