Common use of Non-Competition/Solicitation Clause in Contracts

Non-Competition/Solicitation. (a) The Employee agrees that during his employment with the Company and for a period of 18 months after the Employee leaves the Company's employ for any reason, he shall not, without the written consent of the Company, directly or indirectly, either individually or as an employee, agent, partner, shareholder, consultant, option holder, lender of money, guarantor or in any other capacity, participate in, engage in or have a financial interest or management position or other interest in any business, firm, corporation or other entity if it competes with any business operation conducted by the Company or Parent or any of their subsidiaries or other affiliates or any successor or assign thereof, as such business operations may be altered or expanded during the Employee's period of employment or service with the Company or Parent, nor will he solicit any other person to engage in any of the foregoing activities. Participation in the management of any business operation other than in connection with the management of a business operation which is in competition with the Company, Parent or any of their subsidiaries or affiliates or any successor or assign thereof shall not be deemed to be a breach of this Section. The foregoing provisions of this Section shall not prohibit the ownership by the Employee (as the result of open market purchase) of 1% or less of any class of capital stock of a publicly held corporation which is regularly traded on any national securities exchange.

Appears in 2 contracts

Samples: Employment Agreement (MediaMind Technologies Inc.), Employment Agreement (MediaMind Technologies Inc.)

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Non-Competition/Solicitation. (a) The Employee agrees that during his employment with the Company and for a period of 18 months after the Employee leaves the Company's ’s employ for any reason, he shall not, without the written consent of the Company, directly or indirectly, either individually or as an employee, agent, partner, shareholder, consultant, option holder, lender of money, guarantor or in any other capacity, participate in, engage in or have a financial interest or management position or other interest in any business, firm, corporation or other entity if it competes directly with any business operation conducted by the Company or Parent or any of their its subsidiaries or other affiliates or any successor or assign thereof, as such business operations may be altered or expanded during the Employee's period of employment or service with the Company or Parent, nor will he solicit any other person to engage in any of the foregoing activities. Participation in the management of any business operation other than in connection with the management of a business operation which is in competition with the Company, Parent Company or any of their its subsidiaries or affiliates or any successor or assign thereof shall not be deemed to be a breach of this Section. The foregoing provisions of this Section shall not prohibit the ownership by the Employee (as the result of open market purchase) of 1% or less of any class of capital stock of a publicly held corporation which is regularly public traded on any national securities exchange.

Appears in 2 contracts

Samples: Employment Agreement (Eyeblaster Inc), Employment Agreement (Eyeblaster Inc)

Non-Competition/Solicitation. (a) The Employee Giussani agrees that during his employment with the Company and for a period of 18 months one year after the Employee Giussani leaves the Company's employ for any reason, he shall not, without the written consent of the Company, directly or indirectly, either individually or as an employee, agent, partner, shareholder, consultant, option holder, lender of money, guarantor or in any other capacity, participate in, engage in or have a financial interest or management position or other interest in any business, firm, corporation or other entity within the State of Florida if it competes directly with any business operation conducted by the Company or Parent or any of their its subsidiaries or other affiliates or any successor or assign thereof, as such business operations may be altered or expanded during the Employee's period of employment or service with the Company or Parent, nor will he solicit any other person to engage in any of the foregoing activities. Participation in the management of any business operation other than in connection with the management of a business operation which is in direct competition with the Company, Parent Company or any of their its subsidiaries or affiliates or any successor or assign thereof shall not be deemed to be a breach of this SectionSection 10(a). The foregoing provisions of this Section 13(a) shall not prohibit the ownership by the Employee Giussani (as the result of open market purchase) of 15% or less of any class of capital stock of a publicly held corporation which is regularly traded on any a national securities exchangeexchange or over-the-counter on the NASDAQ System.

Appears in 1 contract

Samples: Employment Agreement (Ursus Telecom Corp)

Non-Competition/Solicitation. (a) The Employee Xxxxxxx agrees that during his employment with the Company and for a period of 18 months one year after the Employee Xxxxxxx leaves the Company's employ for any reason, he shall not, without the written consent of the Company, directly or indirectly, either individually or as an employee, agent, partner, shareholder, consultant, option holder, lender of money, guarantor or in any other capacity, participate in, engage in or have a financial interest or management position or other interest in any business, firm, corporation or other entity within the State of Florida if it competes directly with any business operation conducted by the Company or Parent or any of their its subsidiaries or other affiliates or any successor or assign thereof, as such business operations may be altered or expanded during the Employee's period of employment or service with the Company or Parent, nor will he solicit any other person to engage in any of the foregoing activities. Participation in the management of any business operation other than in connection with the management of a business operation which is in direct competition with the Company, Parent Company or any of their its subsidiaries or affiliates or any successor or assign thereof shall not be deemed to be a breach of this SectionSection 10(a). The foregoing provisions of this Section 13(a) shall not prohibit the ownership by the Employee Xxxxxxx (as the result of open market purchase) of 15% or less of any class of capital stock of a publicly held corporation which is regularly traded on any a national securities exchangeexchange or over-the-counter on the NASDAQ System.

Appears in 1 contract

Samples: Employment Agreement (Ursus Telecom Corp)

Non-Competition/Solicitation. (a) The Employee agrees that during his employment with the Company and for a period of 18 months after the Employee leaves the Company's ’s employ for any reason, he shall not, without the written consent of the Company, directly or indirectly, either individually or as an employee, agent, partner, shareholder, consultant, option holder, lender of money, guarantor or in any other capacity, participate in, engage in or have a financial interest or management position or other interest in any business, firm, corporation or other entity if it competes directly with any business operation conducted by the Company or Parent or any of their its subsidiaries or other affiliates or any successor or assign thereof, as such business operations may be altered or expanded during the Employee's period of employment or service with the Company or Parent, nor will he solicit any other person to engage in any of the foregoing activities. Participation in the management of any business operation other than in connection with the management of a business operation which is in competition with the Company, Parent Company or any of their its subsidiaries or affiliates or any successor or assign thereof shall not be deemed to be a breach of this Section. The foregoing provisions of this Section shall not prohibit the ownership by the Employee (as the result of open market purchase) of 1% or less of any class of capital stock of a publicly held corporation which is regularly public traded on a any national securities exchange.

Appears in 1 contract

Samples: Employment Agreement (Eyeblaster Inc)

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Non-Competition/Solicitation. (a) The Employee agrees that during his her employment with the Company and for a period of 18 12 months after the Employee leaves the Company's employ for any reason, he shall not, without the written consent of the Company, directly or indirectly, either individually or as an employee, agent, partner, shareholder, consultant, option holder, lender of money, guarantor or in any other capacity, participate in, engage in or have a financial interest or management position or other interest in any business, firm, corporation or other entity if it competes directly with any business operation conducted by the Company or Parent or any of their its subsidiaries or other affiliates or any successor or assign thereof, as such business operations may be altered or expanded during the Employee's period of employment or service with the Company or Parent, nor will he solicit any other person to engage in any of the foregoing activities. Participation in the management of any business operation other than in connection with the management of a business operation which is in competition with the Company, Parent Company or any of their its subsidiaries or affiliates or any successor or assign thereof shall not be deemed to be a breach of this Section. The foregoing provisions of this Section shall not prohibit the ownership by the Employee (as the result of open market purchase) of 1% or less of any class of capital stock of a publicly held corporation which is regularly public traded on a any national securities exchange.

Appears in 1 contract

Samples: Employment Agreement (MediaMind Technologies Inc.)

Non-Competition/Solicitation. (a) The Employee Xxxxxxxx agrees that during his employment with the Company and for a period of 18 months one year after the Employee Xxxxxxxx leaves the Company's employ for any reason, he shall not, without the written consent of the Company, directly or indirectly, either individually or as an employee, agent, partner, shareholder, consultant, option holder, lender of money, guarantor or in any other capacity, participate in, engage in or have a financial interest or management position or other interest in any business, firm, corporation or other entity within the State of Florida if it competes directly with any business operation conducted by the Company or Parent or any of their its subsidiaries or other affiliates or any successor or assign thereof, as such business operations may be altered or expanded during the Employee's period of employment or service with the Company or Parent, nor will he solicit any other person to engage in any of the foregoing activities. Participation in the management of any business operation other than in connection with the management of a business operation which is in direct competition with the Company, Parent Company or any of their its subsidiaries or affiliates or any successor or assign thereof shall not be deemed to be a breach of this SectionSection 13(a). The foregoing provisions of this Section 13(a) shall not prohibit the ownership by the Employee Xxxxxxxx (as the result of open market purchase) of 15% or less of any class of capital stock of a publicly held corporation which is regularly traded on any a national securities exchangeexchange or over-the-counter on the NASDAQ System.

Appears in 1 contract

Samples: Employment Agreement (Ursus Telecom Corp)

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