Hiring of Company Employees. During the term of the Employee's employment hereunder, and for a period of twelve (12) months following the date on which Employee's termination of employment with the Company becomes effective, the Employee shall not, except in the course of the performance of his duties hereunder or with the prior approval of the Board, in any way directly or indirectly, with respect to any person who to the Employee's knowledge was employed by the Company or its affiliates ("Company Employee") at any time during the period commencing 12 months prior to the date of the hiring of such Company Employee, hire or cause to be hired any Company Employee, or contract the services of any closely held private corporation or other entity in which such Company Employee is an officer or director or holds a 25% or greater equity ownership interest.
Hiring of Company Employees. Within ten (10) days after the date hereof, Patriot shall either (i) provide, or cause its Designee to provide, offers of employment to a sufficient number of Company’s employees to avoid any liability against Rhino or Company under the WARN Act, or (ii) indemnify, defend and hold harmless Rhino and Company against any Losses under the WARN Act for failure to comply with clause (i) above.
Hiring of Company Employees. During the term of the Executive's employment hereunder, and for a period of twelve (12) months following the date on which Executive's termination of employment with the Company becomes effective, the Executive shall not, except in the course of the performance of his duties hereunder or with the prior approval of the Board, in any way directly or indirectly, with respect to any person who to the Executive's knowledge was employed by the Company or its affiliates ("Company Employee") at any time during the period commencing six months prior to the date of the hiring of such Company Employee, hire or cause to be hired any Company Employee, or contract the services of any closely held private corporation or other entity in which such Company Employee is an officer or director or holds a 25% or greater equity ownership interest.
Hiring of Company Employees. During the Term or, should Employee’s employment hereunder during the Term be terminated voluntarily or involuntarily, for cause or without cause, Employee shall not, and shall not for a period of [ ] after such date of termination, directly or indirectly, as principal, agent, employer, Employee, director, officer, stockholder, partner or other equity owner or in any other individual or representative capacity, disrupt, damage, impair, interfere with or solicit in any way whatsoever or employ any of the employees of the Company or any of its affiliates.
Hiring of Company Employees. During the Term, no Member nor any Affiliate of a Member shall hire, employ or otherwise retain the services of, including as an independent contractor, any person who is then serving, or who within the last year served, as either the chief executive officer or the chief operating officer of the Company, without the prior written consent of the other Members, which consent will not unreasonably be withheld. In the event that any employee or former employee of the Company (including, with the consent of the other Members, the chief executive officer or chief operating officer of the Company, but not including any secretarial or clerical employee) is at any time hired, employed or otherwise retained to provide services by a Member or an Affiliate of a Member, such employee shall not (and the hiring Member or Affiliate shall not permit such employee to) for the one-year period commencing on the date on which he or she begins providing services to such Member or Affiliate of a Member, perform, engage in, participate in, direct, or otherwise consult or provide advice or information with respect to, any business activity that competes directly with any business activity engaged in by the Company.
Hiring of Company Employees. Buyer shall offer employment, effective as of the Closing Date, to each of the persons who are employees of the Company and the Subsidiaries immediately prior to the Closing (collectively the "Company Employees"). The parties acknowledge that the Seller may be the actual employer of such persons prior to the Closing and, accordingly, references in this Agreement to "employees of the Company and the Subsidiaries" (or phrases of similar import) shall include employees of Seller who are based out of the offices of the Company or any Subsidiary. A Company Employee who accepts employment as of the Closing Date shall be compensated by Buyer at his or her rate of compensation with the Seller, the Company or Subsidiary, as applicable, in effect immediately prior to the Closing and shall be eligible to participate in Buyer's vacation program, 401(k) and Stock Ownership Plan, and a health plan. Solely for purposes of Buyer's vacation program and for purposes of determining eligibility to participate in and vesting under the Buyer's 401(k) and Stock Ownership Plan, Buyer shall recognize service of Company Employees with (or with a parent entity on behalf of) the Company and Subsidiaries prior to the Closing Date from each Company Employee's most recent date of hire. Buyer shall also recognize service of Company Employees under the health plan referred to above for the period of "creditable coverage" that the Company Employee has under Seller's health plans. Notwithstanding the above, after the Closing Buyer shall have the right to manage the Company in accordance with Buyer's business judgment.
Hiring of Company Employees. During the term of the Manager’s and COO's work for the Company, and for a period of twelve (12) months following the date on which Manager’s or COO's termination of work with the Company becomes effective, the Manager or COO shall not, except in the course of the performance of his duties hereunder or with the prior approval of the Board, in any way directly or indirectly, with respect to any person who to the Manager’s or COO's knowledge was employed or retained by the Company or its affiliates ("Company Employee") at any time during the period commencing 12 months prior to the date of the hiring of such Company Employee, hire or cause to be hired any Company Employee, or contract the services of any closely held private corporation or other entity in which such Company Employee is an officer or director or holds a 25% or greater equity ownership interest.
Hiring of Company Employees. Except as specifically set forth in the letter agreement attached as Schedule 5, in the event that the Company, the Parent, Lockheed-Xxxxxx or any Lockheed-Xxxxxx affiliate employs or uses as an independent contractor any of the Company's employees at any time within six (6) months after the Closing Date, all of the rights of Lockheed-Xxxxxx and its affiliates to the Licensed Works shall immediately terminate, and any agreement with Lockheed-Xxxxxx or its affiliates shall cease to be an "Exempted Contract." The Parent and the Company agree to cause any agreement with Lockheed-Xxxxxx or its affiliates to include provisions implementing this covenant.
Hiring of Company Employees. The Company acknowledges and consents to the hiring of any Company employees or consultants under the Administaff Agreement by Buyer on or after the Supporting Stockholder Option Trigger Date, it being understood and agreed that any decision by Buyer to hire any such employee shall be in the sole and absolute discretion of Buyer.
