Restrictive Contracts definition

Restrictive Contracts is defined in Section 5.2(a)(x) of the Agreement.

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Restrictive Contracts means those restricted stock agreements, restricted PECs agreements and restricted warrants agreements entered into among THC Acquisition Lux S.à r.l., a Luxembourg société à responsabilité limitée, and Terphane Holdco Lux S.à r.l., a Luxembourg société à responsabilité limitée, on the one hand, and certain individual directors, officers and employees of the Company and its Subsidiaries, on the other hand.

Restrictive Contracts is defined in Section 1.1(g).

Examples of Restrictive Contracts in a sentence

Seller Parent shall promptly notify Buyer Parent in writing after the identification of such Restrictive Contracts and include a complete and correct copy of such Restrictive Contract with the written notice (the “Seller Contract Notice”).
Buyer shall have received evidence reasonably satisfactory to it that all Restrictive Contracts set forth on Schedule 7.6(c)(i) have been, at no cost to Buyer, either irrevocably terminated or amended to remove any application or effect with respect to the Product or the Acquired Assets.
Sprint will, by written notice to Shentel within sixty (60) days after the Review Date, provide a list of all Enterprise Customer Agreements it will acquire from Shentel, it being understood and agreed that (y) Sprint may only reject Restrictive Contracts and (z) any Enterprise Customer Agreement that has not been provided by Shentel to Sprint for review shall automatically be deemed to be a rejected Restrictive Contract.
Seller has released each Transferred Employee from any such Restrictive Contracts that would prevent Seller from facilitating this Transaction, and Seller hereby assigns the rights arising under such Restrictive Contracts to Purchaser and Seller may not enforce such rights on and after Closing.
Sprint has provided to Shentel the list set forth in Schedule 6.2(c)(v) of all Enterprise Customer Agreements it will acquire from Shentel at the Closing (the “Sprint Assumed Closing Contracts”), it being understood and agreed that (y) Sprint may only reject Restrictive Contracts and (z) any Enterprise Customer Agreement that has not been provided by Shentel to Sprint for review shall automatically be deemed to be a rejected Restrictive Contract.

More Definitions of Restrictive Contracts

Restrictive Contracts means those restricted stock agreements, restricted PECs agreements and restricted warrants agreements entered into among THC Acquisition Lux S.à ▇.▇., a Luxembourg société à responsabilité limitée, and Terphane Holdco Lux S.à ▇.▇., a Luxembourg société à responsabilité limitée, on the one hand, and certain individual directors, officers and employees of the Company and its Subsidiaries, on the other hand.