Restriction on Competition Contract Clauses (78)

Grouped Into 2 Collections of Similar Clauses From Business Contracts

This page contains Restriction on Competition clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Restriction on Competition. The Covenantor agrees that, during the period commencing on the Closing Date and ending on the two-year anniversary of the Closing Date (the Non-Competition Period'), the Covenantor shall not, and shall not direct, instruct, or support, any efforts of any of the Covenantor's Affliates or any other Person to establish or hold any equity interest in, manage, advise or control any Person, the business of which competes or will compete with the Company's Business ("Competing Business"); provided, ho...wever, that the Covenantor may, without violating this Section 1. own, as a passive investment, shares of capital stock of a publicly-held corporation that engages in Competing Business if (i) such shares are actively traded on an established national securities; (i)) the number of shares of such corporation's capital stock that are owned beneficially (directly or indirectly) by the Covenantor together with the number of shares of such corporation's capital stock that are owned beneficially (directly or indirectly) by the Covenantor's Affiliates and/or immediate family members (as defined in Item 404(a) of Regulation S-K under the U.S. Securities Act of 1933, as amended) collectively represent less than five percent (5%) of the total number of shares of such corporation's capital stock outstanding; and i) neither the Covenantor nor any Affliate of the Covenantor is otherwise associated directly or indirectly with such corporation or with any Affiliate of such corporation. For purposes of this Agreement, "Company's Business" means the algorithm technical supporting services provided by the Company to operators in mobile gaming, internet advertising and computer chip industries. View More
Found in Golden Path Acquisition Corp contract
Restriction on Competition. The Covenantor agrees that, during the period commencing on the Closing Date and ending on the two-year anniversary of the Closing Date (the Non-Competition Period'), "Non-Competition Period"), the Covenantor shall not, and shall not direct, instruct, or support, any efforts of any of the Covenantor's Affliates Affiliates or any other Person to establish or hold any equity interest in, manage, advise or control any Person, the business of which competes or will compete with the Company's Busines...s ("Competing Business"); provided, however, that the Covenantor may, without violating this Section 1. 1, own, as a passive investment, shares of capital stock of a publicly-held corporation that engages in Competing Business if (i) such shares are actively traded on an established national securities; (i)) (ii) the number of shares of such corporation's capital stock that are owned beneficially (directly or indirectly) by the Covenantor together with the number of shares of such corporation's capital stock that are owned beneficially (directly or indirectly) by the Covenantor's Affiliates and/or immediate family members (as defined in Item 404(a) of Regulation S-K under the U.S. Securities Act of 1933, as amended) collectively represent less than five percent (5%) of the total number of shares of such corporation's capital stock outstanding; and i) (iii) neither the Covenantor nor any Affliate Affiliate of the Covenantor is otherwise associated directly or indirectly with such corporation or with any Affiliate of such corporation. For purposes of this Agreement, "Company's Business" means the algorithm technical supporting services provided by the Company to operators in mobile gaming, internet advertising and computer chip industries. 1NTD: insert Company Shareholder Name 2. No Solicitation. The Covenantor agrees that during the Non-Competition Period, the Covenantor shall not directly or indirectly, personally or through others, encourage, induce, solicit or attempt thereof (on the Covenantor's own behalf or on behalf of any other Person) (i) any director or officer or employee of the Company to leave the employ of the Company or (ii) any vendor or customer of the Company to cease supplying the Company or purchasing services or goods from the Company. View More
Found in Venus Acquisition Corp contract
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Restriction on Competition. During the term of this Agreement, FGP shall not, directly or indirectly, either as an FGP employee, employer, agent, principal, partner, stockholder, corporate officer, director, or in any other individual or representative capacity, engage or participate in any competitive activity relating to the business of the Company without the Company's prior written consent.
Found in iSign Solutions Inc. contract
Restriction on Competition. During the term of this Agreement, FGP SGP shall not, directly or indirectly, either as an FGP SGP employee, employer, agent, principal, partner, stockholder, corporate officer, director, or in any other individual or representative capacity, engage or participate in any competitive activity relating to the business of the Company without the Company's prior written consent.
Found in iSign Solutions Inc. contract
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