Common use of Competing Clause in Contracts

Competing. For the purposes of this Agreement, a business shall be deemed to be “Competing” with Company if the business: (A) performs any of the services or manufactures or sells any of the products provided or offered by Company, (B) performs any other services or manufactures or sells any of the products similar to the services or products performed, planned or under development by Company; or (C) engages in the production, manufacture, distribution or sale of any product similar to products which were performed, produced, manufactured, distributed, sold, under development or planned by Company during the period while you perform services for Company.

Appears in 3 contracts

Sources: Executive Employment Agreement (NewHold Investment Corp.), Executive Employment Agreement (NewHold Investment Corp.), Executive Employment Agreement (NewHold Investment Corp.)