Competitor Notice definition
Examples of Competitor Notice in a sentence
If the party receiving such Tenant Competitor Notice disagrees with the determination of whether a Person referenced in such Tenant Competitor Notice should, or should not, be deemed to be a Tenant Competitor, then any such dispute will be resolved by Experts pursuant to Section 34.1.
The Experts may only determine whether or not a Person referenced in a Tenant Competitor Notice should, or should not, be deemed to be a Tenant Competitor, and may not make any other determination (and the Experts shall be so instructed).
The Experts shall notify the parties in writing within thirty (30) days of the submission of the matter to the Experts of their determination as to whether or not a Person referenced in a Tenant Competitor Notice should, or should not, be deemed to be a Tenant Competitor as the conclusive determination of such matter.
Each Shareholder that is signing a Confidentiality and Proprietary Rights Agreement agrees that if he finalizes the material terms of employment or engagement with any commercial enterprise that engages in business that is competitive with Lexecon (a "Competitor") at any time within four years after the Closing Date, such Shareholder shall give a written notice (the "Competitor Notice") to Lexecon describing fully the proposed terms of such arrangement, and the name and address of the Competitor.
The parties agree to negotiate in good faith to consummate the transaction as soon as possible, but in no event later than the date 120 days after the date the First Refusal Notice or Competitor Notice (as the case may be) was given.
Lexecon shall have the right to employ or engage such Shareholder on substantially equivalent terms as set forth in the Competitor Notice by delivery of a notice of exercise of its right of first refusal (the "Lexecon Notice") within forty-five days after the date the Competitor Notice is delivered to Lexecon.
Failure by KCP to send an Objection Notice in a timely manner shall be deemed an approval of all parties listed in the Direct Competitor Notice as Savvis Direct Competitors.
Moreover, if Advisor provides services to a third party that is reasonably determined by the Company to be a then current competitor, then this Agreement automatically shall terminate at the later of (a) the one-year anniversary of this Agreement; and (b) the date the Competitor Notice is sent.
The Competitor Notice shall describe the general nature of the Competitor's business and the type of services SAIC has been requested to perform for it in sufficient detail for RateXchange to determine whether any of its Confidential Information is a risk of disclosure in connection with the proposed engagement.
Prior to performing the services requested by a competitor, SAIC shall (i) obtain RateXchange's written confirmation that it has received the Competitor Notice, (ii) hold an internal briefing of the SAIC team to be assigned to the Competitor's engagement to restate the confidentiality and proprietary aspects of the RateXchange solution, and (iii) establish procedures that segregate and prevent disclosure of RateXchange Confidential Information.