Common use of Confidentiality, Non-Solicitation and Non-Compete Clause in Contracts

Confidentiality, Non-Solicitation and Non-Compete. (a) This Section 11(a) shall apply if Grantee has an Employment Agreement or a Nondisclosure and Noncompete Agreement with the Company that contains confidentiality, non-solicitation or non-compete covenants. In the event Grantee breaches any such confidentiality, non-solicitation or non-compete covenants, the Restricted Stock Units shall immediately thereupon expire and be forfeited, and the Company shall be entitled to seek other appropriate remedies it may have available in connection with such breach.

Appears in 6 contracts

Samples: 2019 Restricted Stock Unit Award Agreement (Tivity Health, Inc.), 2020 Restricted Stock Unit Award Agreement (Tivity Health, Inc.), 2020 Restricted Stock Unit Award Agreement (Tivity Health, Inc.)

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Confidentiality, Non-Solicitation and Non-Compete. (a) This Section 11(a) shall apply if Grantee has an Employment Agreement or a Nondisclosure and Noncompete Agreement with the Company that contains confidentiality, non-solicitation or non-compete covenants. In the event Grantee breaches any such confidentiality, non-solicitation or non-compete covenants, the Restricted Performance Stock Units shall immediately thereupon expire and be forfeited, and the Company shall be entitled to seek other appropriate remedies it may have available in connection with such breach.

Appears in 2 contracts

Samples: Performance Stock Unit Award Agreement (Tivity Health, Inc.), 2014 Stock Incentive Plan (Tivity Health, Inc.)

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