Common use of Non-Hire/Non-Solicitation Clause in Contracts

Non-Hire/Non-Solicitation. The Adviser and Sub-Adviser hereby agrees that so long as the Sub-Adviser provides services to the Adviser or the Trust and for a period of one year following the date on which the Sub-Adviser ceases to provide services to the Adviser and the Trust, the Adviser and Sub-Adviser shall not for any reason, directly or indirectly, on the Adviser or Sub-Adviser’s own behalf or on behalf of others, hire any person employed by the Adviser or Sub-Adviser, whether or not such person is a full-time employee or whether or not any person’s employment is pursuant to a written agreement or is at-will. The Adviser and Sub-Adviser further agrees that, to the extent that the Adviser or Sub-Adviser breaches the covenant described in this paragraph, the Adviser or Sub-Adviser shall be entitled to pursue all appropriate remedies in law or equity.

Appears in 10 contracts

Samples: Investment Sub Advisory Agreement (Sei Institutional Managed Trust), Investment Sub Advisory Agreement (Sei Institutional International Trust), Investment Sub Advisory Agreement (Sei Institutional Managed Trust)

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Non-Hire/Non-Solicitation. The Adviser and Sub-Adviser hereby agrees that so long as the Sub-Adviser provides services to the Adviser or the Trust and for a period of one year following the date on which the Sub-Adviser ceases to provide services to the Adviser and and/or the Trust, the Adviser and Sub-Adviser shall not not, for any reason, directly or indirectly, on the Adviser or Sub-Adviser’s its own behalf or on behalf of others, hire (i) any person employed by the Adviser or who becomes known to the Sub-AdviserAdviser in connection with this Agreement or services rendered pursuant to this Agreement, whether or not such person is a full-time employee or whether or not any such person’s employment is pursuant to a written agreement or is at-will, or (ii) any former employee of the Adviser who has been separated from the Adviser for less than one year. The Adviser and Sub-Adviser further agrees that, to the extent that the Adviser or Sub-Adviser breaches the covenant described in this paragraph, the Adviser or Sub-Adviser shall be entitled to pursue all appropriate remedies in law or equity.

Appears in 8 contracts

Samples: Investment Sub Advisory Agreement (AdvisorShares Trust), Investment Sub Advisory Agreement (AdvisorShares Trust), Investment Sub Advisory Agreement (AdvisorShares Trust)

Non-Hire/Non-Solicitation. The Adviser and Sub-Adviser hereby agrees that so long as the Sub-Adviser provides services to the Adviser or the Trust and for a period of one year following the date on which the Sub-Adviser ceases to provide services to the Adviser and and/or the Trust, the Adviser and Sub-Adviser shall not not, for any reason, directly or indirectly, on the Adviser or Sub-Adviser’s its own behalf or on behalf of others, hire (i) any person employed by the Adviser or Sub-AdviserAdviser who becomes known to the Adviser in connection with this Agreement or services rendered pursuant to this Agreement, whether or not such person is a full-time employee or whether or not any such person’s employment is pursuant to a written agreement or is at-will, or (ii) any former employee of the Sub-Adviser who has been separated from the Sub-Adviser for less than one year. The Adviser and Sub-Adviser further agrees that, to the extent that the Adviser or Sub-Adviser breaches the covenant described in this paragraph, the Adviser or Sub-Adviser shall be entitled to pursue all appropriate remedies in law or equity.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (AdvisorShares Trust)

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Non-Hire/Non-Solicitation. The Adviser and Sub-Adviser hereby agrees that so long as the Sub-Adviser provides services to the Adviser or the Trust and for a period of one year following the date on which the Sub-Adviser ceases to provide services to the Adviser and and/or the Trust, the Adviser and Sub-Adviser shall not not, for any reason, directly or indirectly, on the Adviser or Sub-Adviser’s its own behalf or on behalf of others, hire any person employed by the Adviser or who becomes known to the Sub-AdviserAdviser in connection with this Agreement or services rendered pursuant to this Agreement, whether or not such person is a full-full- time employee or whether or not any such person’s 's employment is pursuant to a written agreement or is at-will, or any former employee of the Adviser who has been separated from the Adviser for less than one year. The Adviser and Sub-Adviser further agrees that, to the extent that the Adviser or Sub-Adviser breaches the covenant described in this paragraph, the Adviser or Sub-Adviser shall be entitled to pursue all appropriate remedies in law or equity.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (AdvisorShares Trust)

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