Common use of Acquisition Candidates Clause in Contracts

Acquisition Candidates. During the Restricted Period and thereafter for as long as the Executive shall remain an employee of or consultant to the Company, the Executive shall not call on any Acquisition Candidate (as defined in this Section 4.1.6), with the knowledge of such Acquisition Candidate’s status as such, for the purpose of acquiring, or arranging the acquisition of, that Acquisition Candidate by any person or entity other than the Company. “Acquisition Candidate” means any person or entity engaged in any of the businesses of engineering services, including planning, design procurement, construction management, in-plant maintenance, field inspection and control system services, and (i) which was called on by the Company in connection with the possible acquisition by the Company of all or any part of that person’s or entity’s business, or (ii) with respect to which the Company has made an acquisition analysis within two (2) years preceding the date of Executive’s termination of employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (Englobal Corp), Executive Employment Agreement (Englobal Corp)

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Acquisition Candidates. During the Restricted Period and thereafter for as long as the Executive shall remain an employee of or consultant to the Company, the Executive shall not call on any Acquisition Candidate (as defined in this Section 4.1.6), with the knowledge of such Acquisition Candidate’s 's status as such, for the purpose of acquiring, or arranging the acquisition of, that Acquisition Candidate by any person or entity other than the Company. “Acquisition Candidate” means any person or entity engaged in any of the businesses of engineering services, including planning, design procurement, construction management, in-plant maintenance, field inspection and control system services, and (i) which was called on by the Company in connection with the possible acquisition by the Company of all or any part of that person’s 's or entity’s 's business, or (ii) with respect to which the Company has made an acquisition analysis within two (2) years preceding the date of Executive’s 's termination of employment.

Appears in 1 contract

Samples: Executive Employment Agreement (Englobal Corp)

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Acquisition Candidates. During the Restricted Period and thereafter for as long as the Executive shall remain an employee of or consultant to the Company, the Executive shall not call on any Acquisition Candidate (as defined below in this Section 4.1.6), with the knowledge of such Acquisition Candidate’s status as such, for the purpose of acquiring, or arranging the acquisition of, that Acquisition Candidate by any person or entity other than the Company. In this Section 4.1.6 “Acquisition Candidate” means any person or entity engaged in any of the businesses of engineering services, including planning, design procurement, construction management, in-plant maintenance, field inspection and control system services, and (i) which was called on by the Company Company, in connection with the possible acquisition by the Company of all or any part of that person’s person or entity’s business, or (ii) with respect to which the Company has made an acquisition analysis within two (2) years preceding the date of Executive’s termination of employment.

Appears in 1 contract

Samples: Executive Employment Agreement (Englobal Corp)

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