Non-Competition/Solicitation. In order to enable the Company to effectively protect its Proprietary Information, Service Provider agrees and undertakes as follows: 4.1. It will not, so long as the Agreement is in effect and for a period of twelve (12) months following termination of the Agreement, for any reason whatsoever, directly or indirectly, in any capacity whatsoever, engage in, become financially interested in, be employed by, or provide services to any business or venture that is engaged in any activities of the Company including in the field of shunts and endoscopes. 4.2. During his engagement with the Company and for a period of twelve (12) months following termination of this engagement for whatever reason, Service Provider will not, directly or indirectly, including personally or in any business in which Service Provider may be an officer or director or consultant, solicit for employment any person who is employed by the Company, or any person retained by the Company as a consultant, advisor or the like (for purposes hereof, a “Company Consultant”), or was retained as an employee of the Company or a Company Consultant during the twelve (12) months preceding termination of Service Provider’s engagement with the Company.
Appears in 2 contracts
Sources: Services Agreement, Services Agreement (Microbot Medical Inc.)