Nonsolicitation Agreements definition
Examples of Nonsolicitation Agreements in a sentence
The Key Personnel shall, as a condition to their continued employment with the Company Group, execute and deliver to the Company Group non-disclosure, non-solicitation and non-compete agreements (the “Non-disclosure and Non-solicitation Agreements and Non-Compete Agreements”).
The Purchase Price shall be allocated for tax purposes as mutually agreed to by PRGI and Seller within 60 days after the Closing; provided, however, the Purchase Price shall be allocated solely to (a) goodwill; (b) fixed assets at book value; (c) a share of the allocation to the Noncompetition and Nonsolicitation Agreements described in Section 5.4 of the RCI Agreement, as appropriate, and (d) to the extent they exist, Accounts Receivable net of appropriate reserves and accrued commissions.
This Agreement replaces and supersedes any prior Contractor Confidentiality and Non-solicitation Agreements between the Contractor and Company.
Any information provided to or obtained by Purchaser or another Person under this paragraph will be subject to the confidentiality obligations under this Agreement, the Confidentiality Agreement and the Noncompetition and Nonsolicitation Agreements.
The Parties agree to (a) allocate the purchase price among the Assets and the Noncompetition and Nonsolicitation Agreements in accordance with attached Schedule 2.8 and Section 1060 of the Code; (b) treat and report the transactions contemplated by this Agreement in all respects consistently for purposes of any federal, state or local tax; and (c) not take any action inconsistent with such obligation.
Any information provided to or obtained by Purchaser or by another person pursuant to this Section 2.4 will be subject to the confidentiality obligations under this Agreement and the Noncompetition and Nonsolicitation Agreements.
As of the Closing Date, ▇▇▇▇▇▇, the sole owner of the Company, shall enter into the Employment Agreement and Sellers shall each enter into the Noncompetition and Nonsolicitation Agreements with Purchaser.
Parent shall have received executed copies of each of the Noncompetition Agreements from each of the members of Company Board identified on Schedule E-1 and Nonsolicitation Agreements from each of the Company and Company Bank executive officers identified on Schedule E-2 concurrent with the execution of this Agreement.
Prior to or at the Closing each of the Shareholders shall execute and deliver Noncompetition and Nonsolicitation Agreements ("Noncompetition Agreements") substantially in the form attached as Exhibit D.
The Company has entered into Noncompetition and Nonsolicitation Agreements and Invention and Nondisclosure Agreements with each of its employees.