Define: Restrictive Covenant
What does "Restrictive Covenant" mean? The meaning differs based on the contract. We found 2 definitions across 1 company in SEC filings.
Definition 1 (Constellation Energy Corp, seen in 1 filing)
Restrictive Covenant means a noncompetition, non-solicitation, confidentiality, intellectual property or other restrictive covenant.
Source: Constellation Energy Corp 10-K
Definition 2 (Constellation Energy Corp, seen in 1 filing)
Restrictive Covenant means any non-competition, non-solicitation, confidentiality, intellectual property or other restrictive covenant to which Participant is subject, required as a condition to receipt of this Award or contained in any other agreement between Participant and the Company or any of its affiliates.
Source: Constellation Energy Corp 10-K
Data extracted from 3 SEC EDGAR filings across 1 company. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.