Common use of Non-Raid Clause in Contracts

Non-Raid. Each Seller and VSI covenants and agrees that it shall not, for a period of five years from and after the Closing Date, working alone or in conjunction with one or more other Persons or entities, for compensation or not, (i) recruit or otherwise solicit or induce any Person or entity who is, on the Closing Date or thereafter, an employee or vendor of VSI or Seller to terminate their employment with, or otherwise cease their relationship with, Buyer or any of its subsidiaries or affiliates, or (ii) hire, recruit or otherwise solicit any Person or entity who, within the six months immediately preceding the Closing Date, had been an employee or vendor of VSI or Seller.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Hydrochem International Inc), Asset Purchase Agreement (Hydrochem Industrial Services Inc)