Restrictive Covenants By Future Sample Clauses

The 'Restrictive Covenants By Future' clause establishes specific limitations or obligations that the party referred to as 'Future' must adhere to, typically after the conclusion of a transaction or agreement. These restrictions may include non-compete, non-solicitation, or confidentiality obligations, preventing Future from engaging in certain business activities, soliciting clients or employees, or disclosing sensitive information for a defined period and within a specified geographic area. The core purpose of this clause is to protect the interests and competitive position of the other party by limiting Future's ability to undermine the value of the transaction or misuse proprietary information.
Restrictive Covenants By Future. Physician Employees. TOC shall obtain and enforce formal agreements from each future Physician Employee other than Physician Extender Employees and Technical Employees, hired or contracted, pursuant to which such physicians agree not to establish, operate or provide professional medical services at any medical office, clinic or outpatient and/or ambulatory treatment or diagnostic facility providing services substantially similar to those provided by TOC except on TOC's behalf, within ▇▇▇▇ County, Florida or contiguous counties or any location within seventy-five (75) miles during the first five (5) years of the term of this Agreement or fifty (50) miles thereafter of the Main Office or any future facility that replaces the Main Office (wherever located at such time) or any Satellite Office at the time of termination of said Physician Employee's contract with TOC and for a period of twenty-four (24) months thereafter. Such agreements shall be a condition to employment and shall be in a form satisfactory to Company and shall provide that Company is a third-party beneficiary to such agreements and that such third-party beneficiary rights may be assigned to any Lender. This Section 7.3 shall relate solely to Physician Employees who are not also Physician Owners. The terms and conditions of Exhibit 11 shall govern restrictive covenants relating to Physician Owners.
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Restrictive Covenants By Future. Physician Employees. ADC shall obtain and enforce formal employment agreements from each of its future Physician Members and Physician Employees in a form satisfactory to ProMedCo, pursuant to which such physicians agree not to establish, operate or provide physician services at any medical office, clinic or outpatient and/or ambulatory treatment or diagnostic facility providing services substantially similar to those provided by ADC pursuant to this Agreement within a radius of twenty-five (25) miles of the Tayl▇▇ ▇▇▇nty Courthouse in Abilene, Texas, or within a radius of twenty-five (25) miles of any current or future medical office, clinic or other health care facility from which ADC provides medical services during the term of said Physician Employee's employment with ADC and for a period of thirty-six (36) months after the date of their first employment with ADC. ProMedCo shall have third-party rights to enforce such agreements.
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Restrictive Covenants By Future. Physician Employees. Unless otherwise agreed to in writing by Manager, Practice shall obtain and enforce formal agreements from each of its future Physician Employees (and future Physician Shareholders who are not currently Physician Employees), which contain the restrictions and covenants set forth in Section 7.2.
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Restrictive Covenants By Future. Physician Employees. NTMS shall obtain and enforce formal employment agreements from each of its future Physician Shareholders and Physician Employees, pursuant to which such physicians agree not to establish, operate or provide physician services at any medical office, clinic or outpatient and/or ambulatory treatment or diagnostic facility providing services substantially similar to those provided by NTMS pursuant to this Agreement within Dent▇▇ ▇▇unty during the term of said Physician Employee's employment with NTMS and for a period of thirty-six (36) months after the date of their first employment, with NTMS. ProMedCo shall have third-party rights to enforce such agreements.
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Restrictive Covenants By Future. Physician Employees. Princeton II shall obtain and enforce formal agreements from each future Physician Employee other than Technical Employees, hired or contracted, pursuant to which such physicians agree not to establish, operate or provide physician services at any medical office, clinic or diagnostic facility providing services substantially similar to those provided by Princeton II except on Princeton II's behalf, within ▇▇▇▇▇▇ County, New Jersey or contiguous counties or any location within seventy-five (75) miles during the first five (5) years of the term of this Agreement or fifty (50) miles thereafter of the Main Office or any future facility that replaces the Main Office (wherever located at such time) or any Satellite Office at the time of termination of said Physician Employee's contract with Princeton II and for a period of twenty-four (24) months thereafter. Such agreements shall be a condition to employment and shall be in a form satisfactory to Company and shall provide that Company is a third-party beneficiary to such agreements and that such third-party beneficiary rights may be assigned to any Lender. This Section 7.3 shall relate solely to Physician Employees who are not also Physician Owners. The terms and provisions of Exhibit 11 shall govern restrictive covenants relating to Physician Owners. The foregoing restrictive covenants shall not limit or prevent a Physician Employee/Physician Owner from serving in part-time academic positions, working as an expert witness, or providing services for the Hospital for Special Services, New York, New York, in a manner consistent with past practices.
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Restrictive Covenants By Future. Physician Employees. CPC shall obtain and enforce formal employment agreements from each of its future Physician Shareholders and Physician Employees, pursuant to which such physicians agree (a) during the term of their employment agreement not to establish, operate or provide physician services at any medical office, clinic or outpatient and/or ambulatory treatment or diagnostic facility providing services substantially similar to those provided by CPC pursuant to this Agreement within the Restricted Area as defined within Exhibit C and (b) that for a period of twenty-four (24) months after the date of termination of his employment with CPC, the Physician Shareholders and Physician Employees shall not, either directly as a partner, employer, agent, independent contractor, employee or indirectly through a corporation, partnership, affiliate, subsidiary or otherwise, (i) enter into a provider agreement or other contract with, nor provide any medical services in connection with or pursuant to any such provider agreement or other contract, any third party payor having a provider agreement or other contract with CPC or any other employee of CPC at any time within 120 days prior to and including the date of Physician Shareholder's or Physician Employee's termination of employment with CPC or (ii) solicit, induce or attempt to induce any patient of CPC to become a patient of such Physician Shareholder or Physician Employee or any partner, employee or affiliate of such Physician Shareholder or Physician Employee. As used herein, a third party payor shall include, without limitation, any employer, coalition of employers, union or similar organization maintaining a health benefit plan for the benefit of its employees or members, any insurance company, any Blue Cross/Blue Shield plan, any health maintenance organization, preferred provider organization, independent physicians association, physicians hospital organization, or similar entity or arrangement which contracts for physician services on behalf of its employees or members or other third party payors. However, as used herein, the term 'third party payor" shall not include the federal Medicare program or the state Medicaid program, although such terms shall include any health maintenance organization providing Medicare or Medicaid benefits to plan participants. This provision shall be limited in its application to the Restricted Area as defined within Exhibit C. The employment agreements shall have a term of f...
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Restrictive Covenants By Future. Physician Employees..
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Related to Restrictive Covenants By Future

  • Restrictive Covenant (a) The Employee hereby acknowledges and recognizes that, during the Employment Period, the Employee will be privy to trade secrets and confidential proprietary information critical to the Company's business and the Employee further acknowledges and recognizes that the Company would find it extremely difficult or impossible to replace the Employee and, accordingly, the Employee agrees that, in consideration of the benefits to be received by the Employee hereunder, the Employee will not, from and after the date hereof until the first anniversary of the termination of the Employment Period (or six months after the termination of the Employment Period if such termination is as a result of a termination for Good Reason following a Change in Control), (i) directly or indirectly engage in the development, production, marketing or sale of products that compete (or, upon commercialization, would compete) with products of the Company being developed (so long as such development has not been abandoned), marketed or sold at the time of the Employee's termination (such business or activity being hereinafter called a "Competing Business") whether such engagement shall be as an officer, director, owner, employee, partner, affiliate or other participant in any Competing Business, (ii) assist others in engaging in any Competing Business in the manner described in the foregoing clause (i), or (iii) induce other employees of the Company or any subsidiary thereof to terminate their employment with the Company or any subsidiary thereof or engage in any Competing Business. Notwithstanding the foregoing, the term "Competing Business" shall not include any business or activity that was not conducted by the Company prior to the effective date of a Change in Control. (b) The Employee understands that the foregoing restrictions may limit the ability of the Employee to earn a livelihood in a business similar to the business of the Company, but nevertheless believes that the Employee has received and will receive sufficient consideration and other benefits, as an employee of the Company and as otherwise provided hereunder, to justify such restrictions which, in any event (given the education, skills and ability of the Employee), the Employee believes would not prevent the Employee from earning a living.

  • Restrictive Covenants In consideration of his employment and the other benefits arising under this Agreement, the Employee agrees that during the term of this Agreement, and for a period of three (3) years following the termination of this Agreement, the Employee shall not directly or indirectly: (a) alone or as a partner, joint venturer, officer, director, member, employee, consultant, agent, independent contractor or stockholder of, or lender to, any company or business, (i) engage in the business of solid waste collection, disposal or recycling (the "Solid Waste Services Business") in any market in which the Company or any of its subsidiaries or affiliates does business, or any other line of business which is entered into by the Company or any of its subsidiaries or affiliates during the term of this Agreement, or (ii) compete with the Company or any of its subsidiaries or affiliates in acquiring or merging with any other business or acquiring the assets of such other business; or (b) for any reason, (i) induce any customer of the Company or any of its subsidiaries or affiliates to patronize any business directly or indirectly in competition with the Solid Waste Services Business conducted by the Company or any of its subsidiaries or affiliates in any market in which the Company or any of its subsidiaries or affiliates does business; (ii) canvass, solicit or accept from any customer of the Company or any of its subsidiaries or affiliates any such competitive business; or (iii) request or advise any customer or vendor of the Company or any of its subsidiaries or affiliates to withdraw, curtail or cancel any such customer's or vendor's business with the Company or any of its subsidiaries or affiliates; or (c) for any reason, employ, or knowingly permit any company or business directly or indirectly controlled by him, to employ, any person who was employed by the Company or any of its subsidiaries or affiliates at or within the prior six months, or in any manner seek to induce any such person to leave his or her employment. Notwithstanding the foregoing, the beneficial ownership of less than five percent (5%) of the shares of stock of any corporation having a class of equity securities actively traded on a national securities exchange or over-the-counter market shall not be deemed, in and of itself, to violate the prohibitions of this Section.

  • Restrictive Covenant Agreements The Executive agrees to be bound by the Invention and Non-Disclosure Agreement attached hereto as Exhibit A and the Non-Competition and Non-Solicitation Agreement attached hereto as Exhibit B (Exhibit A and Exhibit B together referred to as the “Restrictive Covenant Agreements”), each of which are incorporated by reference herein. The provisions of the Restrictive Covenant Agreements shall survive the term of this Agreement pursuant to the terms set forth in Exhibit A or Exhibit B, as applicable.

  • Restrictive Covenant Agreement The Company’s obligations under this Agreement, including the Company’s agreement to provide severance and to allow Employee to participate in the other compensation programs as provided on Schedule A, is conditioned on Employee signing a Restrictive Covenant Agreement in the form of Schedule B (the “Restrictive Covenant Agreement”).

  • Restrictive Covenants Agreement The Executive acknowledges and agrees that in consideration and as a condition of the commencement of employment by the Company, the Executive is required to enter into the Restrictive Covenants Agreement attached hereto as Exhibit A (the “Restrictive Covenants Agreement”). For purposes of this Agreement, the obligations in this Section 8 and those that arise in the Restrictive Covenants Agreement and any other agreement relating to confidentiality, assignment of inventions, or other restrictive covenants shall collectively be referred to as the “Continuing Obligations.”