During Employment. During Employees employment hereunder, Employee shall not engage, directly or indirectly, as an employee, officer, director, partner, manager, consultant, agent, owner (other than a minority shareholder or other equity interest of not more than 1% of a company whose equity interests are publicly traded on a nationally recognized stock exchange or over-the-counter) or in any other capacity, in any competition with the Company or any of its subsidiaries.
During Term of Employment. During EmployeeThe Employee hereby covenants and agrees that, during Employee's employment hereunder,with the Company, Employee shall not engage,not, directly or indirectly, either individually or as an employee, officer, director,principal, agent, partner, manager, consultant, agent, owner (other than a minority shareholder or other equity interest of not more than 1% of a company whose equity interests are publicly traded on a nationally recognized stock exchange or over-the-counter)shareholder, owner, trustee, beneficiary, co‑venturer, distributor, consultant or in any other capacity, participate in, become associated with, provide assistance to, engage in or have a financial or other interest in any competitionbusiness, activity or enterprise which is competitive with or a supplier to the Company or any successor or assign of its subsidiaries.the Company. The ownership of less than a one percent interest in a corporation whose shares are traded in a recognized stock exchange or traded in the over‑the‑counter market, even though that corporation may be a competitor of the Company, shall not be deemed financial participation in a competitor.
During Employment. During Employeesyour employment hereunder, Employee shallby the Company, except on behalf of the Company, you will not engage, directly or indirectly,indirectly serve as an employee, officer, director, stockholder, employee, partner, manager, consultant, agent, owner (other than a minority shareholderproprietor, investor, joint venturer, associate, representative or consultant of any other person, corporation, firm, partnership or other equity interest of not more than 1% of a company whose equity interests are publicly traded on a nationally recognized stock exchange or over-the-counter) or in any other capacity, in any competitionentity whatsoever known by you to compete with the Company (or is planning or preparing to compete with the Company), anywhere in the world, in any line of its subsidiaries.business engaged in (or planned to be engaged in) by the Company; provided, however, that you may purchase or otherwise acquire up to (but not more than) one percent (1%) of any class of securities of any enterprise (but without participating in the activities of such enterprise) if such securities are listed on any national or regional securities exchange.
During Employment. During Employees employment hereunder,As long as the Employee shall not engage,is employed by the Company and for a period of one year thereafter, he may not, directly or indirectly, engage or carry on any activities performed either alone or jointly with anyone or as an employee, officer, director, partner, manager, consultant, agent, owner (other than a minority shareholderconsultant or other equity interest of not more than 1%employee of a company whose equity interests are publicly traded onor a nationally recognized stock exchangeperson competing with the Company, or over-the-counter)have interest, directly or indirectly, in the activities of any person or entity who or which engages in any other capacity,material respect in any competition with the Company or any of its subsidiaries.such competitive activities.
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