Non-Competition Clause Example with 13 Variations from Business Contracts

This page contains Non-Competition clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Non-Competition. While Executive is employed at the Employer and for a period of two (2) years after termination of Executive's employment (for any reason whatsoever, whether voluntary or involuntarily), Executive will not, without the prior written approval of the Board, whether alone or as a partner, officer, director, consultant, agent, employee or stockholder of any company or other commercial enterprise, directly or indirectly engage in any business or other activity in the United States or Canada which com...petes with the Employer in the field of therapeutic antibodies for cancer. The foregoing prohibition shall not prevent Executive's employment or engagement after termination of Executive's employment by any company or business organization, as long as the activities of any such employment or engagement, in any capacity, do not involve work on matters related to the products being developed, manufactured, or marketed by the Employer during Executive's employment with the Employer. Executive shall be permitted to own securities of a public company not in excess of five percent of any class of such securities and to own stock, partnership interests or other securities of any entity not in excess of five percent of any class of such securities and such ownership shall not be considered to be in competition with the Employer. View More

Variations of a "Non-Competition" Clause from Business Contracts

Non-Competition. While Executive is employed at During Executive's employment with the Employer Company or any Company subsidiary or controlled affiliate and for a period of two (2) years eighteen (18) months after termination of Executive's employment (for any reason whatsoever, whether voluntary or involuntarily), involuntary) (the "Non-Competition Period"), Executive will shall not, without the prior written approval of the Board, whether alone or as a partner, officer, director, consultant, agent, employee e...mployee, representative or stockholder of any company company, entity, or other commercial enterprise, or in any other capacity, directly or indirectly engage in any the business of providing (including, without limitation, as a provider or other activity as a management services organization) professional medical services (including, without limitation, diagnostic, therapeutic and ancillary services, nursing services, outpatient healthcare services and pharmacy services) in a primary care clinic setting (including, without limitation, the United States or Canada which competes with the Employer practice of primary care medicine in the field of therapeutic antibodies for cancer. a multidisciplinary clinic) (the "Business"). The foregoing prohibition shall not prevent Executive's employment or engagement after termination of Executive's employment by any company or business organization, as long as the activities of any such employment or engagement, in any capacity, do not involve work on matters related to the products being developed, manufactured, or marketed by Business of the Employer Company during Executive's employment with the Employer. Company. Executive shall be permitted to own securities of a public company not in excess of five percent (5%) of any class of such securities and to own stock, partnership interests or other securities of any entity not in excess of five percent (5%) of any class of such securities and such ownership shall not be considered to be in competition with the Employer. Company. View More
Non-Competition. While Executive is employed at During Executive's employment with the Employer Company or any Company subsidiary or controlled affiliate and for a period of two (2) years twenty-four (24) months after termination of Executive's employment (for any reason whatsoever, whether voluntary or involuntarily), involuntary) (the "Non-Competition Period"), Executive will shall not, without the prior written approval of the Board, whether alone or as a partner, officer, director, consultant, agent, employe...e employee, representative or stockholder of any company company, entity, or other commercial enterprise, or in any other capacity, directly or indirectly engage in any the business of providing (including, without limitation, as a provider or other activity as a management services organization) professional medical services (including, without limitation, diagnostic, therapeutic and ancillary services, nursing services, outpatient healthcare services and pharmacy services) in a primary care clinic setting (including, without limitation, the United States or Canada which competes with the Employer practice of primary care medicine in the field of therapeutic antibodies for cancer. a multidisciplinary clinic) (the "Business"). The foregoing prohibition shall not prevent Executive's employment or engagement after termination of Executive's employment by any company or business organization, as long as the activities of any such employment or engagement, in any capacity, do not involve work on matters related to the products being developed, manufactured, or marketed by Business of the Employer Company during Executive's employment with the Employer. Company. Executive shall be permitted to own securities of a public company not in excess of five percent (5%) of any class of such securities and to own stock, partnership interests or other securities of any entity not in excess of five percent (5%) of any class of such securities and such ownership shall not be considered to be in competition with the Employer. Company. View More
Non-Competition. While Executive is employed at During Executive's employment with the Employer Company and for a period of two (2) years twelve (12) months after termination of Executive's employment (for any reason whatsoever, whether voluntary or involuntarily), involuntary) (the "Non-Competition Period"), Executive will shall not, without the prior written approval of the Board, whether alone or as a partner, officer, director, consultant, agent, employee employee, representative or stockholder of any compan...y or other commercial enterprise, or in any other capacity, directly or indirectly engage in any business or other activity anywhere in the United States world (i) that directly or Canada which competes with indirectly relates to the Employer in the field research, development, testing, manufacture, sale, marketing, or licensing of therapeutic antibodies for cancer. agents, antibody-drug conjugates, or other biopharmaceutical products ("Therapeutic Agents") that would operate via the same target or antigen or would address the same primary patient population(s) as Therapeutic Agents that Executive is engaged in researching and developing (the "Business"). For the avoidance of doubt, the Company and Executive agree and acknowledge that the restricted Business shall include only the following Targets: Trop-2, CEACAM5, and HLA DR. The foregoing prohibition shall not prevent Executive's employment or engagement after termination of Executive's employment by any company or business organization, as long as the activities of any such employment or engagement, in any capacity, do not involve work on matters related to the products being developed, manufactured, or marketed by the Employer during Executive's employment with the Employer. Business as defined above. Executive shall be permitted to own securities of a public company not in excess of five percent (5%) of any class of such securities and to own stock, partnership interests or other securities of any entity not in excess of five percent (5%) of any class of such securities and such ownership shall not be considered to be in competition with the Employer. Company. View More
Non-Competition. While Executive is employed at During the Employer Employment Period and for a period of two (2) years twelve (12) months after termination of Executive's employment (for any reason whatsoever, whether voluntary or involuntarily), involuntary) (the "Non-Competition Period"), Executive will not, without the prior written approval of disclosure to the Board, whether alone or as a partner, officer, director, consultant, agent, employee or stockholder of any company or other commercial enterprise, d...irectly or indirectly engage in any business or other activity anywhere in the United States or Canada which world that competes with the Employer Company in the field business of therapeutic antibodies for cancer. building and offering digital marketing data management technology to large business to consumer enterprises (the "Business"). The foregoing prohibition shall not prevent (i) Executive's employment or engagement after termination of Executive's employment by any company or business organization, as long as the activities of any such employment or engagement, in any capacity, do not involve work on matters related to the products being developed, manufactured, or marketed by the Employer Company during Executive's employment with the Employer. Company, or (ii) Executive from engaging in Permitted Outside Activities. For the avoidance of doubt, the foregoing shall not be permitted to own construed as preventing Executive from owning securities of a public company not in excess of five percent (5%) of any class of such securities and to own or from owning stock, partnership interests or other securities of any entity not in excess of five percent (5%) of any class of such securities and such ownership shall not be considered to be in competition with the Employer. Company. View More
Non-Competition. While Executive is employed at During Executive's employment with the Employer Company or any Company subsidiary or affiliate and for a period of two (2) years twelve (12) months after termination of Executive's employment (for any reason whatsoever, whether voluntary or involuntarily), involuntary) (the "Non-Competition Period''), Executive will shall not, without the prior written approval of the Board, whether alone or as a partner, officer, director, consultant, agent, employee employee, rep...resentative or stockholder of any company company, entity, or other commercial enterprise, or in any other capacity, directly or indirectly engage in any business research, development, testing, manufacture, sale, marketing, or other activity licensing related to any products or services developed or provided by the Company in the United States or and Canada which competes with the Employer in the field of therapeutic antibodies for cancer. (the "Business''). The foregoing prohibition shall not prevent Executive's employment or engagement after termination of Executive's employment by any company or business organization, as long as the activities of any such 14 employment or engagement, in any capacity, do not involve work on matters related to the products being developed, manufactured, or marketed by Business of the Employer Company during Executive's employment with the Employer. Company. Executive shall be permitted to own securities of a public company not in excess of five two percent (2%) of any class of such securities and to own stock, partnership interests or other securities of any entity not in excess of five two percent (2%) of any class of such securities and such ownership shall not be considered to be in competition with the Employer. Company. View More
Non-Competition. While Executive is employed at During Executive's employment with the Employer Company, Company or any Company subsidiary or affiliate and for a period of two (2) years twelve (12) months after termination of Executive's employment (for any reason whatsoever, whether voluntary or involuntarily), involuntary) (the "Non-Competition Period''), Executive will shall not, without the prior written approval of the Board, whether alone or as a partner, officer, director, consultant, agent, employee empl...oyee, representative or stockholder of any company company, entity, or other commercial enterprise, or in any other capacity, directly or indirectly engage in any business research, development, testing, manufacture, sale, marketing, or other activity licensing related to any products or services developed or provided by the Company in the United States or and Canada which competes with the Employer in the field of therapeutic antibodies for cancer. (the "Business''). The Executive Employment Agreement (Canada) foregoing prohibition shall not prevent Executive's employment or engagement after termination of Executive's employment by any company or business organization, as long as the activities of any such employment or engagement, in any capacity, do not involve work on matters related to the products being developed, manufactured, or marketed by Business of the Employer Company during Executive's employment with the Employer. Company. Executive shall be permitted to own securities of a public company not in excess of five two percent (2%) of any class of such securities and to own stock, partnership interests or other securities of any entity not in excess of five two percent (2%) of any class of such securities and such ownership shall not be considered to be in competition with the Employer. Company. View More
Non-Competition. While Executive is employed at During Executive's employment with the Employer Company or any Company subsidiary or affiliate and for a period of two (2) years twelve (12) months after termination of Executive's employment (for any reason whatsoever, whether voluntary or involuntarily), involuntary) (the "Non-Competition Period''), Executive will shall not, without the prior written approval of the Board, whether alone or as a partner, officer, director, consultant, agent, employee employee, rep...resentative or stockholder of any company company, entity, or other commercial enterprise, or in any other capacity, directly or indirectly engage in any business research, development, testing, manufacture, sale, marketing, or other activity licensing related to any products or services developed or provided by the Company in the United States or and Canada which competes with the Employer in the field of therapeutic antibodies for cancer. (the "Business''). The foregoing prohibition shall not prevent Executive's employment or engagement after termination of Executive's employment by any company or business organization, as long as the activities of any such employment or engagement, in any capacity, do not involve work on matters related to the products being developed, manufactured, or marketed by Business of the Employer Company during Executive's employment with the Employer. Company. Executive shall be permitted to own securities of a public company not in excess of five two percent (2%) of any class of such securities and to own stock, partnership interests or other securities of any entity not in excess of five two percent (2%) of any class of such securities and such ownership shall not be considered to be in competition with the Employer. Company. View More
Non-Competition. While Executive is employed at the Employer and for a period of two (2) years one (1) year after termination of Executive's employment (for any reason whatsoever, whether voluntary or involuntarily), Executive will shall not, without the prior written approval of the Board, whether alone or as a partner, officer, director, consultant, agent, employee or stockholder of any company or other commercial enterprise, directly or indirectly engage in any business or other activity in any geographic pla...ce where the United States Company and or Canada any of its partners or affiliates are selling Company products which competes with the Employer in the field sale of therapeutic antibodies for cancer. the pharmaceutical or other products being manufactured, marketed, distributed or developed by the Employer while Executive is employed by Employer and at the time of termination of such employment. The foregoing prohibition shall not prevent Executive's employment or engagement after termination of Executive's employment by any company or business organization, as long as the activities of any such employment or engagement, in any capacity, do not involve work on matters related to the products being developed, manufactured, or marketed by the Employer during at the time of termination of Executive's employment with the Employer. employment. Executive shall be permitted to own securities of a public company not in excess of five percent of any class of such securities and to own stock, partnership interests or other securities of any entity not in excess of five percent of any class of such securities and such ownership shall not be considered to be in competition with the Employer. 11 7. Non-Solicitation. (a) While Executive is employed at the Employer and for a period of one (1) year after termination of such employment (for any reason, whether voluntary or involuntarily), Executive agrees that Executive shall not: (i) directly or indirectly solicit, entice or induce any customer to become a customer of any other person, firm or corporation with respect to products then sold or under development by the Employer or to cease doing business with the Employer, and Executive shall not approach any such person, firm or corporation for such purpose or authorize or knowingly approve the taking of such actions by any other person; (ii) directly or indirectly solicit or recruit any employee of the Employer to work for a third party other than the Employer (excluding newspaper or similar print or electronic solicitations of general circulation); or (b) This Section 7 does not apply to any general solicitation not focused to any group of customers itemized on a customer list of the Employer. View More
Non-Competition. While Executive is employed at During Executive's employment with the Employer Company or any Company subsidiary or affiliate and for a period of two (2) years twelve (12) months after termination of Executive's employment (for any reason whatsoever, whether voluntary or involuntarily), involuntary) (the "Non-Competition Period"), Executive will shall not, without the prior written approval of the Board, whether alone or as a partner, officer, director, consultant, agent, employee employee, repr...esentative or stockholder of any company or other commercial enterprise, or in any other capacity, directly or indirectly engage in any business or other activity anywhere in the United States or Canada which world that competes with the Employer Company in the field of therapeutic antibodies for cancer. cancer drugs, biopharmaceuticals, therapeutics or treatments, including but not limited to the research, development, testing, manufacture, sale, marketing, or licensing of the same (the "Business"). The foregoing prohibition shall not prevent Executive's employment or engagement after termination of Executive's employment by any company or business organization, as long as the activities of any such employment or engagement, in any capacity, do not involve work on matters related to the products being developed, manufactured, or marketed by Business of the Employer Company during Executive's employment with the Employer. Company. Executive shall be permitted to own securities of a public company not in excess of five percent (5%) of any class of such securities and to own stock, partnership interests or other securities of any entity not in excess of five percent (5%) of any class of such securities and such ownership shall not be considered to be in competition with the Employer. Company. View More
Non-Competition. While Executive is employed at the Employer Company and for a period of two (2) years twelve (12) months after termination of Executive's employment (for any reason whatsoever, whether voluntary or involuntarily), involuntary) (the "Non-Competition Period'), Executive will not, without the prior written approval of the Board, whether alone or as a partner, officer, director, consultant, agent, employee or stockholder of any company or other commercial enterprise, directly or indirectly engage in... any business or other activity in the United States or Canada which competes with the Employer Company in the field of therapeutic antibodies for cancer. cancer.Notwithstanding the foregoing, if Executive is considering an employment, consulting, investment, ownership or other opportunity within the Non-Competition Period that does not involve the field of therapeutic antibody-drug conjugates for cancer, Executive may contact the Company to seek a limited waiver of his restrictions to accept such employment or other opportunity, and the Company will evaluate any such waiver requests in good faith based upon its then-current and/or anticipated business and activities. The foregoing prohibition shall not prevent Executive's employment or engagement after termination of Executive's employment by any company or business organization, as long as the activities of any such employment or engagement, in any capacity, do not involve work on matters related to the products being developed, manufactured, or marketed by the Employer Company during Executive's employment with the Employer. Company. Executive shall be permitted to own securities of a public company not in excess of five percent of any class of such securities and to own stock, partnership interests or other securities of any entity not in excess of five percent of any class of such securities and such ownership shall not be considered to be in competition with the Employer. Company. View More
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