Participates In definition

Participates In means "directly or indirectly, for his/her own benefit or for, either or through any person, firm or corporation, own manage, operate control, loan money to, or participate in the ownership, management, operation, or control of, or be connected as a director, officer, employee, partner, consultant, agent, independent contractor or otherwise with, or acquiesce in the use of his/her name in." During the Employment Period and, for a period of two (2) years thereafter, Employee will not directly or indirectly reveal the name of, solicit, or interfere with or endeavor to entice away from the Employer or Affiliates any of their customers, employees or consultants. For purposes of this Agreement, the term Customers shall mean (i) any person, firm, corporation, joint venture, partnership or other entity which does business with the Employer or Affiliates at any time during the Employment Period or has done business with the Employer or Affiliates within 2 years immediately prior to the commencement thereof (ii) any prospects which have been or are being solicited by the Employer or Affiliates or who have approached the Employer or Affiliates to engage their service or whose name appears on any list of prospects maintained by the Employer or Affiliates at any time during the Employment Period.
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Participates In means any action that permits, approves, facilitates or otherwise brings about an Impermissible Change of Control, including, without limitation, any vote, at a meeting or by proxy, or written consent in favor of an Impermissible Change of Control, unless the effectiveness of the participation is conditioned on the written consent of SBA.
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Examples of Participates In in a sentence

  • The employment by Executive or a business that Executive Participates In of a person employed or formerly employed by the Company shall not be prohibited by the foregoing provision if such person sought out employment on his own initiative without initial encouragement by Executive.

  • The employment by Consultant or a business that Consultant Participates In of a person employed or formerly employed by the Company shall not be prohibited by this Paragraph if such person sought out such employment on his own initiative.

  • The employment by ▇▇▇▇▇▇▇▇▇ or a business that ▇▇▇▇▇▇▇▇▇ Participates In of a person employed or formerly employed by the Company shall not be prohibited by the foregoing provision if such person sought out employment on his own initiative without initial encouragement, direct or indirect, by ▇▇▇▇▇▇▇▇▇.

  • The employment by MLS or a business that MLS Participates In of a person employed or formerly employed by the Company shall not be prohibited by the foregoing provision if such person sought out employment on his own initiative without initial encouragement, direct or indirect, by MLS.

Related to Participates In

  • Participate means the ability to communicate with all of the members of a public body, either verbally or electronically, so that each member of the public body can hear or observe the communication.

  • Participating means an employee is currently earning service credit in the system as provided in KRS 61.543;

  • Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.

  • Participate In means: "directly or indirectly, for his own benefit or for, with, or through any other person, firm, or corporation, own, manage, operate, control, loan money to, or participate in the ownership, management, operation, or control of, or be connected as a director, officer, employee, partner, consultant, agent, independent contractor, or otherwise with, or acquiesce in the use of his name in."

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of: