Competitive Activity

Example Definitions of "Competitive Activity"
Competitive Activity. Means (i) providing permanent, temporary and temporary-to-permanent placement services, managed service provider services and vendor management system services and (ii) prior to the Termination Date, each other business engaged in by the Company and its subsidiaries and Affiliates or any of its Related Entities, and following the Termination Date, each other business engaged in by the Company and its subsidiaries and Affiliates or any of its Related Entities as of the Termination Date.
Competitive Activity. For all purposes of this Agreement, a Competitive Activity means any activity in which Executive directly or indirectly provides services of any kind or nature (whether or not Executive is compensated for such services), including, but not limited to, Executive working in an employment, advisory or consulting capacity, for any Competitor of the Company.
Competitive Activity. Means, with respect to any Participant, any activity reasonably determined by the Committee to be competitive with the business of the Employer of the Participant.
Competitive Activity. Executive shall be deemed to have engaged in "Competitive Activity" if: while employed by the Company or any of its Subsidiaries, and during the period from the date of termination of Executive's employment by the Company or any of its Subsidiaries for any reason until the first anniversary of the date of such termination, Executive, directly or indirectly, either for himself or for any other individual, corporation, partnership, joint venture or other entity: (a) participates in any... business (including, without limitation, any division, group or franchise of a larger organization) anywhere in the Non Competition Area (defined below) which engages or which proposes to engage in the promotion, development, sale, distribution or production of any (i) aircraft engine fuel pumps, (ii) commercial and military airframe fuel system products and services, (iii) aerial refueling pumps, (iv) ground fueling components, (v) fuel management systems, (vi) cryogenic pumps, or (vii) any products or product lines that compete with any of the foregoing or other products or product lines of the Company or any Subsidiary (a "Competitive Business") (A) at any time during the Executive's employment with the Company, if the determination of whether or not Executive has engaged in "Competitive 3 Activity" is being made during his employment with the Company or (B) at the time of Executive's termination of employment by the Company; or (b) (i) induces or attempts to induce any employee of the Company or any of its Subsidiaries to leave the employ of the Company or such Subsidiary, or in any way interferes with the relationship between the Company or any Subsidiary and any employee thereof, including inducing or attempting to induce any union, employee or group of employees to interfere with the business or operations of the Company or its Subsidiaries, (ii) hires any person who was an employee of the Company or any Subsidiary unless at least twelve months has elapsed since the termination of such employee's employment by the Company or any Subsidiary, as the case may be, or (iii) induces or attempts to induce any customer, supplier, distributor, franchisee, licensee or other business relation of the Company or any Subsidiary to cease doing business with the Company or such Subsidiary, or in any way interferes with the relationship between any such customer, supplier, distributor, franchisee, licensee or business relation and the Company or any Subsidiary. For purposes of this Agreement, the term "participate in" shall include, without limitation, having any direct or indirect interest in any corporation, partnership, joint venture or other entity, whether as a sole proprietor, owner, stockholder, partner, joint venturer, creditor or otherwise, or rendering any direct or indirect service or assistance to any individual, corporation, partnership, joint venture or other business entity (whether as a director, officer, manager, supervisor, employee, agent, consultant or otherwise). For the purposes of this Agreement, "Non Competition Area" means anywhere in the world. Notwithstanding the above, Executive shall not be prohibited from (i) owning up to 3% of the outstanding stock of a corporation which is publicly traded, so long as Executive has no active participation in the business of such corporation; or (ii) becoming employed by any entity or organization that has a division, group, Subsidiary or franchise that engages in any Competitive Business (a "Competing Employer"); provided, that (A) Executive's employment with such Competing Employer does not require Executive to provide any services on behalf of, or otherwise interact with, such division, group, Subsidiary or franchise that engages in any Competing Business, (B) Executive causes the Competing Employer to screen Executive from the Competing Employer's activities involving a Competing Business and (C) the disclosure by Executive of any confidential or proprietary information concerning the Company or any of its Subsidiaries to a Competing Employer or any of its affiliates shall be deemed to be a Competing Activity. View More Arrow
Competitive Activity. Any activity conducted in the Restricted Area which competes with any substantial aspect or part of Company's business, whether as a proprietor, partner, shareholder, owner, member, employer, employee, independent contractor, venturer or otherwise.
Competitive Activity. Shall have the meaning assigned to such term in any separate employment agreement between the Company and Participant.
Competitive Activity. Means an activity that is in direct competition with the activities of the Company or any of its Affiliates in the States of Florida, Georgia, and Alabama or in any other States in which the Company is engaged in business during the Term of Employment with respect to a business in which the Company is engaged while the Employee was employed by the Company.
Competitive Activity. Shall mean: (i) securing deposits for any Financial Institution from any person residing in, or business operating in, the Restricted Area. 4 (ii) providing Financial Products or Service on behalf of any Financial Institution for any person residing in, or business operating in, the Restricted Area; or (iii) assisting (other than through the performance of ministerial or clerical duties) any Financial Institution in providing Financial Products or Services to any Person residing in the... Restricted Area; or (iv) inducing or attempting to induce any Person who was a Customer of the Bank at the date of the Employees' termination of employment to seek the same financial products or services from another bank, savings association or other institution the business of which is engaging in activities that are financial in nature. View More Arrow
Competitive Activity. Means to (A) form, or acquire a 5% or greater equity ownership, voting or profit participation interest in, any Competitive Enterprise; or (B) associate (including, but not limited to, association as an officer, employee, partner, director, consultant, agent or advisor) with any Competitive Enterprise and in connection with such association engage in, or directly or indirectly manage or supervise personnel engaged in, any activity (i) which is similar or substantially related to any activity in... which you were engaged, in whole or in part, at the Firm, (ii) for which you had direct or indirect managerial or supervisory responsibility at the Firm or (iii) which calls for the application of the same or similar specialized knowledge or skills as those utilized by you in your activities at the Firm at any time during the one-year period immediately prior to your termination of employment, and, in any such case, irrespective of the purpose of the activity or whether the activity is or was in furtherance of advisory, agency, proprietary or fiduciary business of either the Firm or the Competitive Enterprise. (By way of example only, an "advisory" investment banker joining a leveraged-buyout firm or a research analyst becoming a proprietary trader or joining a hedge fund would constitute a Competitive Activity.) View More Arrow
Competitive Activity. Shall have the meaning set forth in Annex 1 of the Waiver Agreement.
All Definitions