Circuit City 2011 Annual Report Download - page 91
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24
Cooperation and assistance
24.1
Following the Termination of the Appointment, you agree to cooperate with the Company and any Group Company, as reasonably
requested, to effect the transition of your responsibilities.
24.2
You further agree that you will provide such information and assistance to the Company or any Group Company, upon reasonable
notice, that is required in connection with any legal or quasi
-
legal proceedings, including both external and internal investigations.
24.3
The Company will reimburse any reasonable expenses that you incur in relation to any assistance provided pursuant to clauses 24.1
and 24.2.
25
Post
-
termination restrictions
25.1
In order to protect the confidential information, trade secrets and business connections of the Company or any Group Company to
which he has access as a result of the Appointment, the Employee covenants with the Company (for itself and as trustee and agent
for each Group Company) that he shall not:
25.1.1
for twelve months after Termination solicit or endeavour to entice away from the Company or any Group Company the
business or custom of a Restricted Customer with a view to providing goods or services to that Restricted Customer in
competition with any Restricted Business; or
25.1.2
for twelve months after Termination in the course of any business concern which is in competition with any Restricted
Business, offer to employ or engage or otherwise endeavour to entice away from the Company or any Group Company
any Restricted Person; or
25.1.3
for twelve months after Termination, own, manage, control, consult with or be involved in any Capacity with any
business concern which is (or intends to be) in competition with any Restricted Business; or
25.1.4
for twelve months after Termination, be involved with the provision of goods or services to (or otherwise have any
business dealings with) any Restricted Customer in the course of any business concern which is in competition with
any Restricted Business; or
25.1.5
at any time after Termination, represent himself as connected with the Company or any Group Company in any
Capacity.
25.2
None of the restrictions in clause 25.1 shall prevent the Employee from:
25.2.1
holding an investment by way of shares or other securities of not more than 5% of the total issued share capital of any
company, whether or not it is listed or dealt in on a recognised stock exchange; or
25.2.2
being engaged or concerned in any business concern insofar as the duties of the Employee or work shall relate solely to
geographical areas where the business concern is not in competition with any Restricted Business; or
25.2.3
being engaged or concerned in any business concern, provided that the duties of the Employee or work shall relate
solely to services or activities of a kind with which the Employee was not concerned with to a material extent in the
twelve month(s) before Termination.
25.3
The restrictions imposed on the Company by this clause 25 applies to him acting:
25.3.1
directly or indirectly; and