Competitor definition

Competitor means any company, other entity or association or individual that directly or indirectly is engaged in the Company’s Business.

Split View

Competitor means any entity or person that provides or is planning to provide a Covered Product or Service in competition with a Covered Product or Service that an AMERIGROUP Company is actively developing, marketing, providing or selling.

Competitor means (i) any Person operating an Eligible Business and (ii) any Affiliate of any Person described in clause (i) (other than any Affiliate of such Person as a result of common control by a Governmental Authority or instrumentality thereof and any Affiliate of such Person under common control with such Person which Affiliate is not actively involved in the management and/or operations of such Person).

Examples of Competitor in a sentence

• Subject to the State Specific Modifications provided for in Exhibit A, if applicable to Employee, Employee will not during the term of Employee’s employment with Employer and for the two (2) year period following the Termination Date (i) participate in soliciting or communicating with any Covered Employee to leave the employment of Employer; or, (ii) hire, attempt to hire, or assist in hiring any Covered Employee on behalf of a Competitor.

• Paragraph 5: Paragraph 5(a) is modified to state that Employee is prohibited only from directly soliciting established customers of Employer for the purpose of doing any business with a Competitor.

• If Indiana law is deemed to apply, the Confidentiality, Non-Solicitation, and Non-Competition Agreement is modified as follows: Paragraph 5: Paragraph 5(b) shall be modified to further limit the restriction on solicitation of employees to those who have access to or possess any Confidential Information that would give a Competitor an unfair advantage.

• So long as the Angel Investors hold any Shares in the Company, any Transfer of Shares by the Founders to a Competitor shall be subject to the prior written approval of the Angel Investors and subject to the terms of this Agreement.

• The Founders also have the right to require the Angel Investors to replace any Investor Director who is engaged as a director in a Competitor.

More Definitions of Competitor

Competitor means any individual or entity that, at any time during the Term, whether directly or through an Affiliate, owns in whole or in part, or is the licensor or franchisor of a Competing Brand, irrespective of the number of hotels owned, licensed or franchised under such Competing Brand name. A Competitor does not include an individual or entity that: (i) is a franchisee of a Competing Brand; (ii) manages a Competing Brand hotel, so long as the individual or entity is not the exclusive manager of the Competing Brand; or (iii) owns a minority interest in a Competing Brand, so long as neither that individual or entity nor any of its Affiliates is an officer, director, or employee of the Competing Brand, provides services (including as a consultant) to the Competing Brand, or exercises, or has the right to exercise, Control over the business decisions of the Competing Brand.

Competitor means any Person engaged, wholly or in part, in Competitive Services.

Competitor means any entity that provides products or services that compete with or are alternatives to the principal products produced or services provided by the Corporation or its affiliates;

Competitor means a Person engaged, directly or indirectly (including through any partnership, limited liability company, corporation, joint venture or similar arrangement (whether now existing or formed hereafter)), in substantially the same business as the Company, but shall not include any financial investment firm or collective investment vehicle that, together with its Affiliates, holds less than 20% of the outstanding equity of any Competitor and does not, nor do any of its Affiliates, have a right to designate any members of the board of directors of such Competitor.

Competitor means a competitor of, the Borrower or any of its Subsidiaries.

Competitor means an individual, business or any other entity or enterprise engaged or having publicly announced its intent to engage in the sale or marketing of any Competing Product or Service.

Competitor means any Person that is engaged in (or intends or proposes to engage in, or has been organized for the purpose of engaging in) a Competing Business in the Company’s Market Area.