PROTECTION FROM UNFAIR COMPETITION Sample Clauses

PROTECTION FROM UNFAIR COMPETITION. (a) For as long as Dan xx employed by the CMP Group and for the greater of (i) a period of two (2) years after termination of his employment or (ii) as long as Dan xx any Permitted Transferee owns any Restricted Shares, Dan xxxll not engage in competition with the CMP Group. For the purposes of this Agreement, Dan xxxll be deemed to engage in competition with the CMP Group if Dan xxxs any of the following, whether or not in exchange for consideration, without the Company's express or implied consent while employed or without the Company's prior written consent after termination:
Sample 1
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PROTECTION FROM UNFAIR COMPETITION. (a) For as long as Michxxx xx employed by the CMP Group and for the greater of (i) a period of two (2) years after termination of his employment or (ii) as long as Michxxx xx any Permitted Transferee owns any Option Shares, Michxxx xxxll not engage
Sample 1
PROTECTION FROM UNFAIR COMPETITION. (a) For as long as Michxxx xx employed by the CMP Group and through the period ending on the earlier of (i) the third anniversary of the date of his termination of employment (or, if the Company elects to pay him for an additional period of time under Section 4.1(b), through the end of such additional period) or (ii) the date Michxxx xxxains the age of sixty-five (65), Michxxx xxxll not engage in competition with the CMP Group. For the purposes of this Agreement, Michxxx xxxll be deemed to engage in competition with the CMP Group if Michxxx xxxs any of the following, whether or not in exchange for consideration, without the
Sample 1
PROTECTION FROM UNFAIR COMPETITION. (a) For as long as Michxxx xx employed by the CMP Group and for the greater of (i) a period of two (2) years after termination of his employment or (ii) as long as Michxxx xx any Permitted Transferee owns any Restricted Shares, Michxxx xxxll not engage in competition with the CMP Group. For the purposes of this Agreement, Michxxx xxxll be deemed to engage in competition with the CMP Group if Michxxx xxxs any of the following, whether or not in exchange for consideration, without the Company's express or implied consent while employed or without the Company's prior written consent after termination:
Sample 1
PROTECTION FROM UNFAIR COMPETITION. (a) For as long as Ken xx employed by the CMP Group and for the greater of (i) a period of five (5) years after termination of his employment or (ii) as long as Ken xx any Permitted Transferee owns any Restricted Shares, Ken xxxll not engage in competition with the CMP Group. For the purposes of this Agreement, Ken xxxll be deemed to engage in competition with the CMP Group if Ken xxxs any of the following, whether or not in exchange for consideration, without the Company's express or implied consent while employed or without the Company's prior written consent after termination:
Sample 1
PROTECTION FROM UNFAIR COMPETITION. (a) For as long as Ken xx employed by the CMP Group and through the period ending on the earlier of (i) the fifth anniversary of the date of his termination of employment or (ii) the date Ken xxxains the age of sixty-five (65), Ken xxxll not engage in competition with the CMP Group. For the purposes of this
Sample 1
PROTECTION FROM UNFAIR COMPETITION. (a) For as long as Ken xx employed by the CMP Group and for the greater of (i) a period of five (5) years after termination of his employment or (ii) as long as Ken xx any Permitted Transferee owns any Option Shares, Ken xxxll not engage in competition with the CMP Group. For the purposes of this Agreement, Ken xxxll be deemed to
Sample 1
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Related to PROTECTION FROM UNFAIR COMPETITION

  • Unfair Competition I acknowledge that the Company has a compelling business interest in preventing unfair competition stemming from the intentional or inadvertent use or disclosure of the Company’s Trade Secret and Proprietary Information and Company Property.

  • Indirect Competition Employee further agrees that, during the Term and the Non-Compete Period, he will not, directly or indirectly, assist or encourage any other person in carrying out, direct or indirectly, any activity that would be prohibited by the above provisions of this Section 6 if such activity were carried out by Employee, either directly or indirectly; and in particular Employee agrees that he will not, directly or indirectly, induce any employee of the Company to carry out, directly or indirectly, any such activity.

  • Protection of Confidential Information; Non-Competition 5.1 In view of the fact that the Executive's work for the Company will bring the Executive into close contact with many confidential affairs of the Company not readily available to the public, and plans for future developments, the Executive agrees:

  • No Competition Employee's employment is subject to the condition that during the term of his employment hereunder and for the period specified in paragraph 8(c) below, Employee shall not, directly or indirectly, own, manage, operate, control or participate in the ownership, management, operation or control of, or be connected as an officer, employee, partner, director, individual proprietor, lender, consultant or otherwise with, or have any financial interest in, or aid or assist anyone else in the conduct of, any entity or business (a "Competitive Operation") which competes in the banking industry or with any other business conducted by Employer or by any group, affiliate, division or subsidiary of Employer, in the states of New York and Pennsylvania. Employee shall keep Employer fully advised as to any activity, interest, or investment Employee may have in any way related to the banking industry. It is understood and agreed that, for the purposes of the foregoing provisions of this paragraph, (i) no business shall be deemed to be a business conducted by Employer or any group, division, affiliate or subsidiary of Employer unless 5% or more of Employer's consolidated gross sales or operating revenues is derived from, or 5% or more of Employer's consolidated assets are devoted to, such business; (ii) no business conducted by any entity by which Employee is employed or in which he is interested or with which he is connected or associated shall be deemed competitive with any business conducted by Employer or any group, division or subsidiary of Employer unless it is one from which 2% or more of its consolidated gross sales or operating revenues is derived, or to which 2% or more of its consolidated assets are devoted; and (iii) no business which is conducted by Employer at the Date of Termination and which subsequently is sold by Employer shall, after such sale, be deemed to be a Competitive Operation within the meaning of this paragraph. Ownership of not more than 5% of the voting stock of any publicly held corporation shall not constitute a violation of this paragraph.

  • Competition Act Neither the aggregate value of the assets in Canada, nor the aggregate annual gross revenues from sales in or from Canada, of Corporation and its Subsidiaries exceeds C$93 million as determined in accordance with the Competition Act (Canada) and the regulations thereunder. SCHEDULE D REPRESENTATIONS AND WARRANTIES OF PURCHASER

  • Competition For so long as you are employed by the Company or any Affiliate (as defined below) and for a period of one year after you cease to be employed by the Company or any Affiliate, you shall not, directly or indirectly, engage in any work or other activity—whether as owner, stockholder, partner, officer, consultant, or otherwise—involving a trademark, product, or process that, in the opinion of the Company’s President, is similar to a trademark, product or process on which you worked for the Company (or any Affiliate) or obtained knowledge about while working for the Company at any time during the period of employment, if such work or other activity is then, or reasonably expected to become, competitive with that of the Company (or any Affiliate). The restriction in the preceding sentence shall not apply if you have disclosed to the Company in writing all the known facts relating to such work or activity and have received a release in writing from the Board of Directors of the Company allowing you to engage in such work or activity. The Company’s President shall have sole discretion to determine whether your work or activity for another employer involves trademarks, products, or processes that are similar to trademarks, products, or processes that you worked on for the Company. Ownership by you of five percent (5%) or less of the outstanding shares of stock of any company either (i) listed on a national securities exchange, or (ii) having at least one hundred (100) stockholders shall not make you a “stockholder” within the meaning of that term as used in this paragraph. For one year after you cease to work for the Company, you will not engage in any work or activity that will cause you to inevitably disclose to anyone not employed by the Company (or an Affiliate) any trade secret or confidential information that belongs to the Company or one of its Affiliates. Nothing in this paragraph shall limit the rights or remedies of the Company arising, directly or indirectly, from such competitive employment, including, without limitation, claims based upon breach of fiduciary duty, misappropriation, or theft of confidential information. The term “Affiliate” shall mean the Company and any entity controlling, controlled by, or under common control with the Company.

  • 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.

  • Nonsolicitation of Protected Employees Executive understands and agrees that the relationship between the Company and each of its Protected Employees constitutes a valuable asset of the Company and may not be converted to Executive’s own use. Accordingly, Executive hereby agrees that during the Restricted Period, Executive shall not directly or indirectly on Executive’s own behalf or as a Principal or Representative of any Person or otherwise solicit or induce any Protected Employee to terminate his employment relationship with the Company or to enter into employment with any other Person.

  • Confidential Information and Non-Competition 10. In exchange for the mutual promises and obligations contained in this Agreement, and contemporaneous with its execution or soon thereafter, Employer promises to deliver to Executive or permit Executive to acquire, be exposed to, and/or have access to material, data, and information of the Company and/or its customers or clients that is confidential, proprietary and/or a trade secret (“Confidential Information”). At all times, both during and after the termination of employment, the Executive shall keep and retain in confidence and shall not disclose, except as required in the course of the Executive’s employment with the Company, to any person, firm or corporation, or use for the Executive’s own purposes, any Confidential Information. For the purposes of this Paragraph, such information shall include, but is not limited to:

  • Confidentiality/Trade Secrets The Executive acknowledges that the Executive’s position with the Corporation is one of the highest trust and confidence both by reason of the Executive’s position and by reason of the Executive’s access to and contact with the trade secrets and confidential and proprietary business information of the Corporation. Both during the term of this Agreement and thereafter, the Executive covenants and agrees as follows:

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