Restrictions on Employee Sample Clauses

Restrictions on Employee. During the period commencing on the date hereof and ending two (2) years after the termination of the Employee's employment by Corporation for any reason, the Employee shall not directly or indirectly induce or attempt to induce any of the employees of Corporation to leave the employ of Corporation.
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Restrictions on Employee. Due to the special nature of the contribution, of Employee to Employer, Employee agrees that Employee shall not, directly or indirectly, as a current or former employee of Employer, for a period of two (2) years from the date such employee status ends for any reason, directly or indirectly, compete with Employer in the business which Employer is engaged, that being the development and marketing of a client server banking package. Furthermore, during this period of time Employee agrees not to, directly or indirectly, engage in any other business venture, as an employee, a proprietor or otherwise an interested party, which competes with the business which Employer is engaged, in or develop or market a competitive or like product or service to any product or service offered by Employer in such business and shall not, directly or indirectly, take any action which directs from Employer any business opportunity within the scope of such business of Employer nor cause or influence any employee, client, supplier, agent, consultant or advisor of Employer to cease or diminish such party's dealings with Employer. The AGREEMENT and all information regarding the AGREEMENT, including, the terms and content thereof and the negotiation therefore, shall not be disclosed by Employee or Employer except to the extent required by law.
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Restrictions on Employee. Except as previously disclosed to the Company in writing by the Employee, the Employee affirms and represents that as of the commencement of his employment by the Company on the Commencement Date, he will be under no obligation to any former employer or other party which is in any way inconsistent with, or which imposes any restriction upon, the Employee's acceptance of employment hereunder with the Company, the employment of the Employee by the Company or the Employee's undertakings under this Agreement.
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Restrictions on Employee. Except as previously disclosed to the Company in writing by the Employee, the Employee affirms and represents that as of the Effective Date, he has not been and will not in the future be subject to any obligation to any former employer or other party which is in any way inconsistent with, or which imposes any restriction upon, the Employee's acceptance of employment hereunder with the Company, the continued employment of the Employee by the Company or the Employee's undertakings under this Agreement.
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Restrictions on Employee. Employee covenants and agrees the he will not, directly or indirectly, while employed by the Employer or during any period while he is receiving benefits under this agreement, engage in any competitive activity. If it is
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Restrictions on Employee. During the period commencing on the date hereof and ending two (2) years after the termination of the Employee's employment with the Corporation for any reason, the Employee shall not (a) directly or indirectly induce or attempt to induce any of the employees of the Corporation (including its subsidiaries, parents, divisions, affiliates, successors and assigns) to leave the employ of the Corporation (including its subsidiaries, parents, divisions, affiliates, successors and assigns), or (b) hire, or assist any other entity or person in the recruitment or hiring of, any employees of the Corporation (including its subsidiaries, parents, divisions, affiliates, successors and assigns). Following the termination of the Employee's employment with the Corporation for any reason, the Employee also shall not make any defamatory, slanderous and/or libelous statements whatsoever concerning the Corporation or its affiliated companies and/or their businesses, operations, technologies, products, services, marketing strategies, pricing policies, management, affairs, financial condition, directors, shareholders, officers, employees and/or agents.
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Restrictions on Employee 
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Related to Restrictions on Employee

  • Restrictions on employment The Borrower shall procure that no Owner employ the Ship owned by it, nor permit her to be employed, outside the cover provided by any obligatory insurances.

  • Restrictions on Competition During the term of this Agreement and for a period of one year after you cease to be an employee of DFC or an affiliate of DFC, you will not, without the prior written consent of DFC, (a) accept employment or render service to any person, firm or corporation, directly or indirectly, in competition with DFC, or any affiliate thereof for any purpose which would be competitive with the business of DFC and its affiliates within the Commonwealth of Puerto Rico or any other geographic area in which DFC or any affiliate of DFC by which you were employed, conducted operations (the "Restricted Area") or any business as to which studies or preparations relating to the entry into which were made by DFC or any affiliate of DFC by which you were employed within one year prior thereto (collectively, the "Restricted Businesses") or (b) directly or indirectly, enter into or in any manner take part in or lend your name, counsel or assistance to any venture, enterprise, business or endeavor, whether as proprietor, principal, investor, partner, director, officer, employee, consultant, adviser, agent, independent contractor or in any other capacity whatsoever for any purpose which would be competitive with the Restricted Businesses in the Restricted Area. An investment not exceeding 5% of the outstanding stock in any corporation regularly traded on any national securities exchange or in the over-the-counter market shall not be deemed to violate this provision, provided that you shall not render any services for such corporation.

  • Restrictions on Ownership The Series A Preferred Partnership Units shall be owned and held solely by the General Partner.

  • Restrictions on Transfer, Etc Shareholder agrees, from the date hereof until the Expiration Time, not to (i) directly or indirectly Transfer any Owned Securities or Beneficially Owned Securities, other than any Transfer to members of Shareholder’s immediate family or a family trust of Shareholder (each a “Permitted Transferee”), but only if, in each case, prior to the effectiveness of the Transfer, the Permitted Transferee of such Owned Securities or Beneficially Owned Securities agrees in writing to be bound by the terms hereof (or an agreement that is substantively identical to this Agreement) and notice of such Transfer, including the name and address of the Permitted Transferee, is delivered to Parent pursuant to Section 6.1 hereof; provided that Transfers to minor children shall be to their legal custodians who have the capacity and authority to be bound by the terms hereof on behalf of such minor children; and provided, further, that Shareholder shall remain liable for the breaches of any Permitted Transferees of the terms hereof, (ii) tender any Owned Securities or Beneficially Owned Securities into any tender or exchange offer or (iii) grant any proxy with respect to the Owned Securities or Beneficially Owned Securities, deposit the Owned Securities or Beneficially Owned Securities into a voting trust, enter into a voting agreement with respect to any of the Owned Securities or Beneficially Owned Securities or otherwise restrict the ability of Shareholder freely to exercise all voting rights with respect thereto. Any action attempted to be taken in violation of the preceding sentence will be null and void. Shareholder further agrees to authorize and request Parent and the Company to notify the Company’s transfer agent that there is a stop transfer order with respect to all of the Owned Securities or Beneficially Owned Securities (other than in respect of Transfers expressly permitted by this Section 2.3) and that this Agreement places limits on the voting of the Owned Securities or Beneficially Owned Securities.

  • Restrictions on Transferability The Warrants and the Warrant Stock shall not be transferred, hypothecated or assigned before satisfaction of the conditions specified in this Section 9, which conditions are intended to ensure compliance with the provisions of the Securities Act with respect to the Transfer of any Warrant or any Warrant Stock. Holder, by acceptance of this Warrant, agrees to be bound by the provisions of this Section 9.

  • Restrictions on U.S Transfers. Transfers of interests in the Regulation S Global Security to U.S. persons (as defined in Regulation S) shall be limited to transfers made pursuant to the provisions of Section 3.03(h)(C).

  • Restrictions on Transfer of Award This Award may not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of by the Grantee, and any shares of Stock issuable with respect to the Award may not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of until (i) the Restricted Stock Units have vested as provided in Paragraph 2 of this Agreement and (ii) shares of Stock have been issued to the Grantee in accordance with the terms of the Plan and this Agreement.

  • Restrictions on Transfer of RSUs Subject to Section 15 of the Plan, neither the RSUs evidenced hereby nor any interest therein or in the Common Stock underlying such RSUs shall be transferable prior to payment to the Grantee pursuant to Section 5 hereof other than by will or pursuant to the laws of descent and distribution.

  • Restrictions on Transfer of Option This Agreement and the Option shall not be transferable otherwise than (a) by will or by the laws of descent and distribution or (b) by gift to any Family Member of the Optionee, and the Option shall be exercisable, during the Optionee’s lifetime, solely by the Optionee, except on account of the Optionee’s Permanent and Total Disability or death, and solely by the transferee in the case of a transfer by gift to a Family Member of the Optionee.

  • Restrictions on Transfer of Stock The shares of Common Stock granted hereunder may not be sold, tendered, assigned, transferred, pledged or otherwise encumbered prior to the earliest of:

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