Examples of Non-Competition Agreement in a sentence
The Non-Competition Agreement contains, among other things, covenants of Executive respecting non-competition, non-solicitation and non-disclosure.
The Non-Competition Agreement shall survive the termination of this Agreement pursuant to its terms.
On termination, Executive agrees to execute a separate Release and Non-Competition Agreement in a form acceptable to the Company to memorialize this agreement and understands that the failure to do so will render Executive ineligible for any severance pay, benefits or privileges whatsoever.
Grantee agrees that if Grantee violates the covenants and agreements set forth in this Non-Competition Agreement, the Company would suffer irreparable harm, and that such harm to the Company may be impossible to measure in monetary damages.
The Agreement will be extended for one year on the third anniversary of the Effective Date and on each anniversary thereafter unless either party gives 60 days' written notice of failure to renew or termination prior to any such anniversary date; provided, however, that any such non-renewal by the Company shall void the Executive's postemployment obligations contained in the Non-Competition Agreement referred to in Article V of this Agreement.