Prohibited Competition And Solicitation Contract Clauses (29)

Grouped Into 3 Collections of Similar Clauses From Business Contracts

This page contains Prohibited Competition And Solicitation clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Prohibited Competition And Solicitation. Executive expressly acknowledges that: (a) there are competitive and proprietary aspects of the business of Company; (b) during the course of Executive's employment, Company shall furnish, disclose or make available to Executive confidential and proprietary information and may provide Executive with unique and specialized training; (c) such Confidential Information and training have been developed and shall be developed by Company through the expenditure of substantial time, effort and money, an...d could be used by Executive to compete with Company; and (d) in the course of Executive's employment, Executive shall be introduced to customers and others with important relationships to Company, and any and all "goodwill" created through such introductions belongs exclusively to Company, including, but not limited to, any goodwill created as a result of direct or indirect contacts or relationships between Executive and any customers of Company. In light of the foregoing acknowledgements, and as a condition of employment hereunder, Executive agrees to execute and abide by Company's Confidentiality, Assignment of Inventions and Non-Competition Agreement. View More Arrow
Found in Pulmatrix, Inc. contract
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Prohibited Competition And Solicitation. Executive expressly acknowledges that: (a) there are competitive and proprietary aspects of the business of Company; (b) during the course of Executive's employment, Company shall furnish, disclose or make available to Executive confidential and proprietary information and may provide Executive with unique and specialized training; (c) such Confidential Information and training have been developed and shall be developed by Company through the expenditure of substantial time, effort and money, an...d could be used by Executive to compete with Company; and (d) in the course of Executive's employment, Executive shall be introduced to customers and others with important relationships to Company, and any and all "goodwill" created through such introductions belongs exclusively to Company, including, but not limited to, any goodwill created as a result of direct or indirect contacts or relationships between Executive and any customers of Company. In light of the foregoing acknowledgements, and as a condition of employment hereunder, Executive agrees to execute and abide by Company's Confidentiality, Non-Competition, Non-Solicitation, Confidentiality and Assignment of Inventions Agreement. 8 6. Property and Non-Competition Agreement. Records. Upon the termination of Executive's employment hereunder for any reason or for no reason, or if Company otherwise requests, Executive shall: (a) return to Company all tangible business information and copies thereof (regardless how such Confidential Information or copies are maintained), and (b) deliver to Company any property of Company which may be in Executive's possession, including, but not limited to, Blackberry-type devices, smart phones, laptops, cell phones, products, materials, memoranda, notes, records, reports or other documents or photocopies of the same. View More Arrow
Found in INTERLEUKIN GENETICS INC contract
Prohibited Competition And Solicitation. Executive expressly acknowledges that: (a) there are competitive and proprietary aspects of the business of Company; (b) during the course of Executive's employment, Company shall furnish, disclose or make available to Executive confidential and proprietary information and may provide Executive with unique and specialized training; (c) such Confidential Information and training have been developed and shall be developed by Company through the expenditure of substantial time, effort and money, an...d could be used by Executive to compete with Company; and (d) in the course of Executive's employment, Executive shall be introduced to customers and others with important relationships to Company, and any and all "goodwill" created through such introductions belongs exclusively to Company, including, but not limited to, any goodwill created as a result of direct or indirect contacts or relationships between Executive and any customers of Company. In light of the foregoing acknowledgements, and as a condition of employment hereunder, Executive agrees to execute and abide by Company's Confidentiality, Assignment of Inventions and Non-Competition Agreement. 8 6. Property and Records. Upon the termination of Executive's employment hereunder for any reason or for no reason, or if Company otherwise requests, Executive shall: (a) return to Company all tangible business information and copies thereof (regardless how such Confidential Information or copies are maintained), and (b) deliver to Company any property of Company which may be in Executive's possession, including, but not limited to, Blackberry-type devices, smart phones, laptops, cell phones, products, materials, memoranda, notes, records, reports or other documents or photocopies of the same. View More Arrow
Found in Pulmatrix, Inc. contract
Prohibited Competition And Solicitation. Executive expressly acknowledges that: (a) there are competitive and proprietary aspects of the business of Company; (b) during the course of Executive's employment, Company shall furnish, disclose or make available to Executive confidential and proprietary information and may provide Executive with unique and specialized training; (c) such Confidential Information and training have been developed and shall be developed by Company through the expenditure of substantial time, effort and money, an...d could be used by Executive to compete with Company; and (d) in the course of Executive's employment, Executive shall be introduced to customers and others with important relationships to Company, and any and all "goodwill" created through such introductions belongs exclusively to Company, including, but not limited to, any goodwill created as a result of direct or indirect contacts or relationships between Executive and any customers of Company. In light of the foregoing acknowledgements, and as a condition of continued employment hereunder, Executive 9 hereby reaffirms, confirms and approves the Proprietary Information and Inventions Assignment Agreement entered into on the date hereof as a binding obligation of the Executive, enforceable in accordance with its terms. The Executive acknowledges and agrees that any Base Salary and/or Annual Performance Bonus paid to execute the Executive pursuant to this Agreement shall serve as additional consideration for the Executive's obligations under the Employee Non-Competition Agreement, Non-Solicitation, Confidentiality and abide by Company's Confidentiality, Assignment of Inventions and Non-Competition Agreement. View More Arrow
Found in Spero Therapeutics, Inc. contract
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Prohibited Competition And Solicitation. In light of the competitive and proprietary aspects of the business of Company, and as a condition of employment hereunder, Executive agrees to execute and abide by Company's Confidentiality, Assignment of Inventions and Non-Competition Agreement.
Found in Checkmate Pharmaceuticals, Inc. contract
Prohibited Competition And Solicitation. In light of the competitive and proprietary aspects of the business of Company, and as a condition of employment hereunder, Executive agrees to execute and abide by Company's Confidentiality, the Confidentiality and Assignment of Inventions and Non-Competition Agreement.
Found in Checkmate Pharmaceuticals, Inc. contract
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Prohibited Competition And Solicitation. You acknowledge the competitive and proprietary aspects of the business of Company and are aware that the Company furnishes, discloses and makes available to you confidential and Proprietary Information (as defined in the Confidentiality Agreement referenced in Section 6 above) related to Company's business and that Company may provide you with unique and specialized knowledge and training. You also acknowledge that the Confidential Information and specialized knowledge and training have been de...veloped and will be developed by Company through the expenditure of substantial time, effort and money and that the Confidential Information could be used by you to compete with Company. A business will be deemed to be "Competitive" with the Company if it performs research, development or commercialization of personalized immunotherapy products for the treatment of metastatic renal cell carcinoma, HIV or another indication in which the Company has conducted a clinical trial within twelve months before the end of your employment with the Company. Because of the competitive and proprietary aspects of the business of the Company, you agree as follows: (a) Covenant Not to Compete or Solicit. During your employment with the Company and for one (1) year after the termination of your employment with Company for any reason, you will not, directly or indirectly, on your behalf or on behalf of another person, entity or third party anywhere in North America, engage in the following conduct without the prior written consent of Company: (i) as officer, director, principal, agent, stockholder, employee, consultant, representative or in any other capacity, own, manage, operate or control, or be employed by, provide services to, or engage in or have a financial interest in any business which is Competitive with Company (other than as specifically permitted by the Company in writing upon written request); (ii) solicit, divert or appropriate or attempt to solicit, divert or appropriate, the business or patronage of any customers, business partners, or patrons of Company, or any prospective customers, business partners, or patrons to whom the Company has made a sales presentation (or similar offering of services or business) within the one (1) year period preceding the date of your termination of employment with Company; (iii) solicit, entice or persuade or attempt to solicit, entice or persuade any employees of or 4 consultants to Company or any present or future parent, subsidiary or affiliate of Company to terminate their employment or other engagement with Company or any such parent, subsidiary or affiliate for any reason; or (iv) interfere with, or attempt to interfere with, the relations between Company and any customer, vendor or supplier to Company. (b) Reasonableness of Restrictions. Executive acknowledges that: (i) the types of employment which are prohibited by this Section 7 are narrow and reasonable in relation to the skills which represent Executive's principal salable asset both to Company and other prospective employers; and (ii) the temporal and geographical scope of Section 7 is reasonable, legitimate and fair to Executive in light of Company's need to market its services and sell its products in order to have a sufficient customer base to make Company's business profitable and in light of the limited restrictions on the type of employment prohibited herein compared to the types of employment for which Executive is qualified to earn his livelihood. View More Arrow
Found in ARGOS THERAPEUTICS INC contract
Prohibited Competition And Solicitation. You acknowledge (a) Acknowledgements; Definition Of Competition. (i) Executive acknowledges the competitive and proprietary aspects of the business of Company. Executive acknowledges that Company will furnish, disclose and are aware that the Company furnishes, discloses and makes make available to you confidential and Executive Proprietary Information (as defined in the Confidentiality Invention and Non-Disclosure Agreement referenced in Section 6 above) 8 below) related to Company's business an...d that Company may provide you Executive with unique and specialized knowledge and training. You Executive also acknowledge acknowledges that the Confidential such Proprietary Information and specialized knowledge and training have been developed and will be developed by Company through the expenditure of substantial time, effort and money and that the Confidential Information all such Proprietary Information, knowledge and training could be used by you Executive to compete with Company. A (ii) As used herein, a business will be deemed to be "Competitive" with the Company if it performs research, development or commercialization of personalized immunotherapy pharmaceutical and diagnostic products for ocular diseases directed at the treatment of metastatic renal cell carcinoma, HIV pdgf molecule and/or its receptor, the C5 molecule and/or its receptor, or another indication in which the Company has conducted alpha 5/beta 1 integrin and/or its receptor, and all molecules with a clinical trial within twelve months before direct mechanistic link to the end of your employment with the Company. Because of the competitive and proprietary aspects of the business of the Company, you agree as follows: (a) above. (b) Covenant Not to Compete or Solicit. During your Executive's employment with the Company and for until the date that is one (1) year after the termination of your Executive's employment with Company for any reason, you will Executive shall not, directly or indirectly, on your behalf or whether on behalf of Executive or another person, entity or third party party, anywhere in North America, the world, engage in the following conduct conduct, without the prior written consent of Company: (i) as As officer, director, principal, agent, stockholder, employee, consultant, representative or in any other capacity, own, manage, operate or control, or be employed by, provide services to, or engage in or have a financial interest in any business which is Competitive with Company (other than as specifically permitted by the Company in writing upon written request); Section 1); (ii) solicit, Solicit, divert or appropriate or attempt to solicit, divert or appropriate, the business or patronage of any customers, business partners, or patrons of Company, or any prospective customers, business partners, or patrons with respect to whom the which Company has made a sales presentation (or similar offering of services or business) within the one (1) year period preceding the date of your Executive's termination of employment with Company; (iii) solicit, Solicit, entice or persuade or attempt to solicit, entice or persuade any employees of or 4 consultants to Company or any present or future parent, subsidiary or affiliate of Company to terminate their employment or other engagement with Company or any such parent, subsidiary or affiliate for any reason; or 10 (iv) interfere Interfere with, or attempt to interfere with, the relations between Company and any customer, vendor or supplier to Company. (b) (c) Reasonableness of Restrictions. Executive acknowledges that: (i) the types of employment which are prohibited by this Section 7 are narrow and reasonable in relation to the skills which represent Executive's principal salable asset both to Company and other prospective employers; and (ii) the temporal and geographical scope of Section 7 is reasonable, legitimate and fair to Executive in light of Company's need to market its services and sell its products in order to have a sufficient customer base to make Company's business profitable and in light of the limited restrictions on the type of employment prohibited herein compared to the types of employment for which Executive is qualified to earn his livelihood. View More Arrow
Found in Ophthotech Corp. contract
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