Common use of Restrictions On The Employee Clause in Contracts

Restrictions On The Employee. 11.1 The Employee undertakes to the Company that at any time during the term of the Employment and for a period of eighteen (18) months after expiry or termination of this Agreement, whichever is later, he shall not: (a) in Hong Kong either on his own account or in conjunction with or as an agent or in such other capacity on behalf of any person, firm or company, carry on or be engaged, concerned or interested directly or indirectly whether as shareholder, director, employee, partner, agent, consultant, adviser or otherwise in carrying on any business in direct or indirect competition with the Company; (b) either on his own account or in conjunction with or on behalf of any other person, firm or company solicit or entice away or attempt to solicit or entice away from the Company the customer of any person, firm, company or organization who is or shall at any time within two (2) years prior to such cessation have been a customer, client, identified prospective customer or client, representative, agent or correspondent of the Company; (c) either on his own account or in conjunction with or on behalf of any other person, firm or company solicit or entice away or attempt to solicit or entice away from the Company any person who is or shall have been at the date of or within two (2) years prior to such cessation a director, officer, manager, consultant or employee of the Company whether or not such person would commit a breach of contract by reason of leaving such employment; or (d) receive on his own account or in conjunction with or on behalf of any other person, firm or company any benefit (monetary or otherwise), directly or indirectly, from the prospective investor, investor or any related persons (including their respective shareholders, directors, officers, employees).

Restrictions On The Employee. 11.1 The Employee undertakes to the Company that at any time during the term of the Employment and for a period of eighteen (18) months after expiry or termination of this Agreement, whichever is later, he shall not: (a) in Hong Kong either on his own account or in conjunction with or as an agent or in such other capacity on behalf of any person, firm or company, carry on or be engaged, concerned or interested directly or indirectly whether as shareholder, director, employee, partner, agent, consultant, adviser or otherwise in carrying on any business in direct or indirect competition with the Company; (b) either on his own account or in conjunction with or on behalf of any other person, firm or company solicit or entice away or attempt to solicit or entice away from the Company the customer of any person, firm, company or organization who is or shall at any time within two (2) years prior to such cessation have been a customer, client, identified prospective customer or client, representative, agent or correspondent of the Company; (c) either on his own account or in conjunction with or on behalf of any other person, firm or company solicit or entice away or attempt to solicit or entice away from the Company any person who is or shall have been at the date of or within two (2) years prior to such cessation a director, officer, manager, consultant or employee of the Company whether or not such person would commit a breach of contract by reason of leaving such employment; or; (d) receive on his own account or in conjunction with or on behalf of any other person, firm or company any benefit (monetary or otherwise), directly or indirectly, from the prospective investor, investor or any related persons (including their respective shareholders, directors, officers, employees).