Define: Restrictive Covenants
What does "Restrictive Covenants" mean? The meaning differs based on the contract. We found 3 definitions across 3 companies in SEC filings.
Definition 1 (EXELON CORP, seen in 1 filing)
Restrictive Covenants means any noncompetition, nonsolicitation, confidentiality, intellectual property or other restrictive covenants to which a Participant is subject, required as a condition to receipt of an Award, or which is contained in any other agreement between the Participant and the Company or any of its affiliates.
Source: EXELON CORP 10-K
Definition 2 (Apollo Global Management, Inc., seen in 1 filing)
Restrictive Covenants means any restrictive covenants in favor of the Company Group (for example, with respect to competition, solicitation, confidentiality, intellectual property, subsequent engagement, interference or disparagement) to which the Participant is otherwise subject.
Source: Apollo Global Management, Inc. 10-K
Definition 3 (Constellation Energy Corp, seen in 1 filing)
Restrictive Covenants means non-solicitation, confidential information, and intellectual property covenants and, in the discretion of the Plan Administrator, non-competition covenants.
Source: Constellation Energy Corp 10-K
Data extracted from 3 SEC EDGAR filings across 3 companies. 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.