Common use of Non-Solicitation; Non-Compete; Confidentiality Clause in Contracts

Non-Solicitation; Non-Compete; Confidentiality. 12.2.1 Each Management Limited Partner shall be bound by the non-compete and non-solicitation provisions contained in this Section 12.2, unless (i) such Management Limited Partner is a Non-Employee Director or (ii) unless such Management Limited Partner is a party to an employment or other agreement with the Partnership or any of its Subsidiaries which contains non-compete and non-solicitation provisions or otherwise expressly waives the provisions of this Section 12.2, in which event such Management Limited Partner shall only be bound by the non-compete and non-solicitation provisions contained in such employment agreement or the provisions of such other agreement and shall not be bound by the provisions of this Section 12.2.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Verso Paper Holdings LLC), Limited Partnership Agreement (Verso Sartell LLC), Limited Partnership Agreement (Verso Paper Corp.)

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Non-Solicitation; Non-Compete; Confidentiality. 12.2.1 11.2.1 Each Management Individual Limited Partner shall be bound by the non-compete and non-solicitation provisions contained in this Section 12.211.2, unless (i) such Management Individual Limited Partner is a Non-Employee Director or (ii) unless such Management Individual Limited Partner is a party to an employment or other agreement with the Partnership or any of its Subsidiaries which contains non-compete and non-solicitation provisions or otherwise expressly waives the provisions of this Section 12.211.2, in which event such Management Individual Limited Partner shall only be bound by the non-compete and non-solicitation provisions contained in such employment agreement or the provisions of such other agreement and shall not be bound by the provisions of this Section 12.211.2.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Verso Paper Corp.), Limited Partnership Agreement (Verso Paper Corp.)

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