QGEN » Topics » Non-Competition Clause, Conflict of Interest and Non-Solicitation
This excerpt taken from the QGEN 20-F filed Apr 19, 2005.
Non-Competition Clause, Conflict of Interest and Non-Solicitation
During the term of this Agreement the Consultant shall not compete directly or indirectly in any manner whatsoever whether as employee, agent, consultant or through participations
and the like with operations or businesses in which the Company is engaged, in particular, without limitation, the Consultant shall not engage in the field of innovative enabling technologies and products for collection, stabilization, separation
and purification of nucleic acids (DNA and RNA) and automation of such.
The Consultant is bound to the Companys best interests during the term of this Agreement. He shall notify the Company of any possible or potential conflict of interest which
may result from his other activities, and shall commence such other activities only after written approval of the Company which may not be unreasonably withheld.
The Consultant shall not and undertakes not to, without the prior consent of the Company, solicit and/or entice away any officer, director or employee of the
Consultancy Agreement Dr. Metin Colpan
Page 10 of 14
directly or indirectly; this includes especially the offer of direct or indirect contractual relations as well as any encouragement to apply for another
position or relation.
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