Noncompetition Confidentiality and Non Solicitation Sample Clauses

Noncompetition Confidentiality and Non Solicitation. (a) The Company and Executive acknowledge and agree that the termination of Executive's employment pursuant to Section 1.1 of this Agreement does not trigger the noncompetition covenant set forth in Section 13 of the Employment Agreement. Nonetheless, Executive hereby agrees that for a three (3) year period beginning on the Date of Termination, he will not directly or indirectly engage or participate in any business which competes directly with any business carried on by the Company or any of its subsidiaries at the Date of Termination in any geographic area in which the Company or any of its subsidiaries is then doing business.
Sample 1
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Noncompetition Confidentiality and Non Solicitation. (a) Executive shall devote his full time and attention to the performance of his employment under this Agreement. Upon any termination of Executive's employment hereunder (other than a termination which occurs pursuant to Sections 9(a) or 9(e)), Executive agrees not to compete with the Bank for a period of one (1) year following such termination in any county in which Executive's normal business office is located or in which the Bank has an office or has filed an application for regulatory approval to establish an office, determined as of the effective date of such termination, except as agreed to pursuant to a resolution duly adopted by the Board of Directors. Executive agrees that during such period and within said counties, Executive shall not work for or advise, consult or otherwise serve, directly or indirectly, or have a material financial interest in any entity whose business is similar to or which materially competes with the business activities of the Bank. Executive represents and admits that in the event employment with the Bank is terminated, Executive's experience and capabilities are such that Executive can obtain employment in a business engaged in other lines and/or of a different nature than the Bank, and that injunctive relief enforcing this provision will not prevent Executive from earning a livelihood. (b) Executive recognizes and acknowledges that the knowledge of customers, potential customers, trade secrets, business strategies, financial data, costs, prices, other business marketing information and business activities and plans of the Bank is a valuable, special and unique asset of the business of the Bank. Executive will not, during or after the term of his employment, disclose any such information to any person, firm, corporation, or other entity for any reason or purpose whatsoever. Notwithstanding the foregoing, Executive may disclose any knowledge of banking, financial and/or economic principles, concepts or ideas which are not solely and exclusively derived from the business plans and activities of the Bank. Further, Executive may disclose information regarding the business activities of the Bank to the OTS or other regulatory or judicial body pursuant to a formal regulatory request or subpoena, and Executive also may disclose Bank information when such disclosure, in the reasonable judgment of Executive, is in the best interest of the Bank and does not violate any law or 3 Next Page regulation, including but not limited to di...
Sample 1
Noncompetition Confidentiality and Non Solicitation. (a) Executive shall devote his full time and attention to the performance of his employment under this Agreement. Upon any termination of Executive’s employment with the Company and the Bank (other than a termination which occurs following a Change of Control of the Company (as hereinafter defined)), Executive agrees not to Compete (as herein defined) with the Company or the Bank or any of its other Affiliates for the longer of (the “Restricted Period”) (i) the period Executive continues to receive his Base Salary hereunder, or (ii) one (1) year following such termination of employment, within a radius of 50 miles of Coldwater, Michigan (the “Restricted Area”), except as agreed to pursuant to a resolution duly adopted by the Board of Directors. The term “
Sample 1
Noncompetition Confidentiality and Non Solicitation. (a) Executive shall devote his full time and attention to the performance of his employment under this Agreement. Upon any termination of Executive’s employment with the Company and the Bank (other than a termination which occurs following a Change of Control of the Company (as hereinafter defined)), Executive agrees not to Compete (as herein defined) with the Company or the Bank or any of its other Affiliates for the longer of (the “Restricted Period”) (i) the period Executive continues to receive his Base Salary hereunder, or (ii) one (1) year following such termination of employment, within Branch County, Michigan (the “Restricted Area”), except as agreed to pursuant to a resolution duly adopted by the Board of Directors. The term “
Sample 1
Noncompetition Confidentiality and Non Solicitation 
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Related to Noncompetition Confidentiality and Non Solicitation

  • Confidentiality and Non-Solicitation (a)Optionee hereby acknowledges that Optionee has or in the future may have access to the Company's trade secrets and proprietary or confidential information developed or acquired by or licensed to the Company, including, but not limited to, information regarding the Company's operations, business plans, customers or prospects, products, computer passwords or other information regarding network or systems access and research and development information, as such trade secrets and proprietary or confidential information may exist from time to time ("Confidential Information"). As consideration for the Option granted to Optionee hereunder, Optionee will not, at any time during Optionee's relationship with the Company, in whole or in part, disclose or cause any other person to disclose the Confidential Information to any other person or entity (except the Company) under any circumstances. In addition, Optionee will not, during the term of Optionee's relationship with the Company, and for a period of one (1) year thereafter, solicit or assist any other person or entity in soliciting any employee of the Company to terminate the employee's employment with the Company under any circumstances.

  • Confidentiality, Non-Competition and Non-Solicitation Employee agrees, as a condition to Employee’s employment with the Company, to execute the Company’s standard form of Employee Non-Disclosure, Invention Release and Non-Competition Agreement attached hereto as Exhibit A.

  • Confidentiality, Non-Solicitation and Non-Competition The Executive agrees that:

  • Non-Competition; Non-Solicitation; Confidentiality (a) While the Recipient is employed by the Company and for a period of one (1) year after the termination or cessation of such employment for any reason (the “Restricted Period”), the Recipient will not directly or indirectly:

  • Non Competition Non Solicitation and Confidentiality The Company and Executive acknowledge and agree that while Executive is employed pursuant to this Agreement, the Company will give Executive access to Confidential Information of the Company and its Affiliates to which Executive did not have access prior to signing this Agreement and which Executive may need and use during such employment, the receipt of which is hereby acknowledged by Executive; Executive will be provided under this Agreement (i) specialized training on how to perform his duties and (ii) contact with the Company’s and its Affiliates’ customers and potential customers. In consideration of all of the foregoing, the Company and Executive agree as follows:

  • Confidentiality, Non-Solicitation and Non-Compete The Participant agrees to, understands and acknowledges the following:

  • Confidentiality Non Competition Non Solicitation A. The Executive acknowledges that:

  • Confidentiality and Non-Competition To the Company’s knowledge, no director, officer, key employee or consultant of the Company is subject to any confidentiality, non-disclosure, non-competition agreement or non-solicitation agreement with any employer or prior employer that could reasonably be expected to materially affect his ability to be and act in his respective capacity of the Company or be expected to result in a Material Adverse Change.

  • Confidentiality and Noncompetition The Executive shall enter into the Confidentiality Agreement and Non-Compete Agreement. The Executive’s execution of those agreements is a material inducement for the Company to enter into this Agreement. Therefore, this Agreement will be null and void unless the Executive enters into the Confidentiality Agreement and the Non-Compete Agreement.

  • Noncompetition Nonsolicitation and Confidentiality As a material inducement to continue to employ him, Employee agrees to execute the Noncompetition, Nonsolicitation and Confidentiality Agreement attached hereto as Exhibit A, the terms of which are incorporated herein by reference.

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