Common use of Hiring of Personnel Clause in Contracts

Hiring of Personnel. The Customer and MGX shall undertake not to employ or to enter into any agreements in any other way, either directly or indirectly, with any of each other's employees (including self-employed consultants) who are involved in performing obligations under an agreement between the parties or in the execution thereof, or with a company in which the other party has direct or indirect interests, without the prior written consent of the other party. This prohibition applies for the duration of each order and/or each agreement and for 12 (twelve) months thereafter. If the prohibition is infringed, the infringing party shall pay the other party liquidated damages equal to either (a) the total cost incurred by the non-infringing party in relation to the employee during the preceding 12 (twelve) months of the employee's relationship with the non-infringing party, or (b) the total cost for the infringing party during the first 12 (twelve)months of the employee’s relationship with the infringing party, whicheveris the larger amount. If one of these relationships lasts less than 12 (twelve) months, the cost for the period of 12 (twelve) months shall be calculated on the basis of the average cost over the actual number of months. The parties agree that these sums represent a genuine pre- estimate of each party's loss.

Appears in 2 contracts

Samples: www.mediagenix.tv, www.mediagenix.tv

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Hiring of Personnel. The Customer and MGX MgX NG shall undertake not to employ or to enter into any agreements in any other way, either directly or indirectly, with any of each other's employees (including self-employed consultants) who are involved in performing obligations under an agreement between the parties or in the execution thereof, or with a company in which the other party has direct or indirect interests, without the prior written consent of the other party. This prohibition applies for the duration of each order and/or each agreement and for 12 (twelve) months thereafter. If the prohibition is infringed, the infringing party shall pay the other party liquidated damages equal to either (a) the total cost incurred by the non-non- infringing party in relation to the employee during the preceding 12 (twelve) months of the employee's relationship with the non-infringing party, or (b) the total cost for the infringing party during the first 12 (twelve)months twelve) months of the employee’s relationship with the infringing party, whicheveris whichever is the larger amount. If one of these relationships lasts less than 12 (twelve) months, the cost for the period of 12 (twelve) months shall be calculated on the basis of the average cost over the actual number of months. The parties agree that these sums represent a genuine pre- estimate of each party's loss.

Appears in 1 contract

Samples: www.mediagenix.tv

Hiring of Personnel. The Customer and MGX shall undertake not to employ or to enter into any agreements in any other way, either directly or indirectly, with any of each other's employees (including self-employed consultants) who are involved in performing obligations under an agreement between the parties or in the execution thereof, or with a company in which the other party has direct or indirect interests, without the prior written consent of the other party. This prohibition applies for the duration of each order and/or each agreement and for 12 (twelve) months thereafter. If the prohibition is infringed, the infringing party shall pay the other party liquidated damages equal to either (a) the total cost incurred by the non-non- infringing party in relation to the employee during the preceding 12 (twelve) months of the employee's relationship with the non-infringing party, or (b) the total cost for the infringing party during the first 12 (twelve)months twelve) months of the employee’s relationship with the infringing party, whicheveris whichever is the larger amount. If one of these relationships lasts less than 12 (twelve) months, the cost for the period of 12 (twelve) months shall be calculated on the basis of the average cost over the actual number of months. The parties agree that these sums represent a genuine pre- estimate of each party's loss.

Appears in 1 contract

Samples: www.mediagenix.tv

Hiring of Personnel. The Customer and MGX mediaSaaS shall undertake not to employ or to enter into any agreements in any other way, either directly or indirectly, with any of each other's employees (including self-employed consultants) who are involved in performing obligations under an agreement between the parties or in the execution thereof, or with a company in which the other party has direct or indirect interests, without the prior written consent of the other party. This prohibition applies for the duration of each order and/or each agreement and for 12 (twelve) months thereafter. If the prohibition is infringed, the infringing party shall pay the other party liquidated damages equal to either (a) the total cost incurred by the non-infringing party in relation to the employee during the preceding 12 (twelve) months of the employee's relationship with the non-infringing party, or (b) the total cost for the infringing party during the first 12 (twelve)months twelve) months of the employee’s relationship with the infringing party, whicheveris whichever is the larger amount. If one of these relationships lasts less than 12 (twelve) months, the cost for the period of 12 (twelve) months shall be calculated on the basis of the average cost over the actual number of months. The parties agree that these sums represent a genuine pre- pre-estimate of each party's loss.

Appears in 1 contract

Samples: mediasaas.tv

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Hiring of Personnel. The Customer and MGX shall undertake not to employ or to enter into any agreements in any other way, either directly or indirectly, with any of each ofeach other's employees (including self-employed consultants) who are involved in performing obligations under an agreement between the parties or in the execution thereof, or with a company in which the other party has direct or indirect interests, without the prior written consent of the other party. This prohibition proh bition applies for the duration of each order and/or each agreement and for 12 (twelve) months thereafter. If the prohibition is infringed, the infringing party shall pay the other party liquidated damages equal to either (a) the total cost incurred by the non-infringing party in relation to the employee during the preceding 12 (twelve) months of the employee's relationship with the non-infringing party, or (b) the total cost for the infringing party during the first 12 (twelve)months of the employee’s relationship with the infringing party, whicheveris the larger amount. If one of these relationships lasts less than 12 (twelve) months, the cost for the period of 12 (twelve) months shall be calculated on the basis of the average cost over the actual number of months. The parties agree that these sums represent a genuine pre- estimate of each party's loss.

Appears in 1 contract

Samples: www.mediagenix.tv

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