Common use of Non-Compete Restriction Clause in Contracts

Non-Compete Restriction. The term of this Section 5 shall be for a period commencing on the date hereof and ending on the first anniversary of the date an which Consultant's relationship with the Company terminates for any reason (the "Restrictive Period"). During the Restrictive Period, Consultant will not, without the Company's prior written consent, directly or indirectly, alone or as a partner, joint venturer, officer, director, Consultant, consultant, agent, independent contractor or stockholder of any company or business, perform his Duties for any person or entity which competes directly with the Business during such Restrictive Period. The parties agree and acknowledge that (i) the definition of the Restrictive Period reasonably and fairly limit this non-compete restriction and are reasonably required for the Company's protection; and (ii) by having access to information concerning Consultants and the Company's customers, Consultant shall obtain a competitive advantage as to such parties in any business that competes with the Business.