Common use of Further Understanding Clause in Contracts

Further Understanding. The Employee understands and agrees that --------------------- the covenants in this Section 6 prohibit him from owning (other than ownership of less than one percent (1%) of the outstanding capital stock of a publicly- owned company), directly or indirectly, any business involved in the sale, distribution or development of arthroscopic and sports medicine surgical devices (or any person or entity that owns any capital stock or equity interest in any such business), or from accepting employment with or rendering services to any such business either as a director, officer, agent, representative, employee or consultant for the period of time specified in Section 6 (c).