For good and valuable consideration the receipt of which is hereby
acknowledged,
_________
(Distributor), the undersigned Distributor
hereby agrees not to
directly or indirectly compete with the business of
SKYRUNWAYS
PRIVATE
LIMITED
(Company) and its successors and assigns during the period of employment and
for a period of
5
years following termination of employment and notwithstanding the cause
or reason for termination.
Distributor
shall not own, manage, operate, consult or to be employed in a business
substantially similar to, or competitive with, the present business of Company or such other
business activity in which Company may substantially engage during the term of
employment.
Distributor
acknowledges that Company may, in reliance of this agreement, provide
Distributor
access to trade secrets, customers and other confidential data and good will.
Distributor
agrees to retain said information as confidential and not to use said i
nformation
on his or her own behalf or disclose same to any third party.
This agreement shall be binding upon and inure to the benefit of the parties, their
successors, assigns, and personal representatives.