Common use of Scope of Covenant Clause in Contracts

Scope of Covenant. Employee agrees that he shall not, either directly or indirectly, carry on, participate, or engage in, either as employee, employer, principal, agent, consultant, owner, part-owner, co-venturer, officer, director, shareholder, partner, manager, operator, financier, employee, salesman, or in any other individual or representative or participating capacity, any business which develops or markets synthetic blood substitutes or liquid ventilation or glucose biosensor products for a period of two (2) years from the date of separation from SBI in the area of the Continental United States.

Appears in 3 contracts

Sources: Employment Agreement (Synthetic Blood International Inc), Employment Agreement (Oxygen Biotherapeutics, Inc.), Employment Agreement (Synthetic Blood International Inc)