Examples of Noncompetition Period in a sentence
Alibaba Holding also undertakes, during the Non-competition Period, to ensure that any new business opportunities that it or its Affiliates (excluding the Group) identify, or are offered, which fall within the scope of the Restricted Business, are offered to the Company.
During the Noncompetition Period, Company shall not induce any current, former or potential customer, supplier or vendor of the Business, Purchasers or any of their respective Affiliates to cease doing business in whole or in part with, or otherwise interfere with the business of, the Business, Purchasers or any of their respective Affiliates.
Effective as of the Third Closing, Holdco and each Seller agrees that, during the Noncompetition Period, Holdco and each Seller will not (and will cause all of their respective Affiliates not to), directly or indirectly, anywhere Company and the Company Subsidiaries are conducting their business as of the Closing Date: (i) engage in any Prohibited Business; or (ii) own or purchase any interest in, manage, operate, or finance any Person that engages in any Prohibited Business.
The Executive further agrees that during the Noncompetition Period the Executive will not in any manner, directly or indirectly, induce or attempt to induce any employee of the Company or any of its subsidiaries to terminate or abandon his employment with the Company for any purpose whatsoever.
During the Noncompetition Period, Holdco and each Seller shall not induce any current, former or potential customer, supplier or vendor of the Business, Purchasers or any of their respective Affiliates to cease doing business in whole or in part with, or otherwise interfere with the business of, the Business, Purchasers or any of their respective Affiliates.