Common use of Agreement Not to Compete or Solicit Clause in Contracts

Agreement Not to Compete or Solicit. (a) In furtherance of the sale of the Shares to Purchaser under this Agreement and to more effectively protect the value and goodwill of the Company and the Business represented thereby, Seller covenants and agrees that, during the period beginning on the Closing Date and ending on the fifth (5th) anniversary of the Closing Date, Seller shall not, and shall cause its Affiliates not to, directly or indirectly:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Proficient Auto Logistics, Inc), Stock Purchase Agreement (Proficient Auto Logistics, Inc)

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Agreement Not to Compete or Solicit. (a) In furtherance of the sale of the Shares to Purchaser under this Agreement and to more effectively protect the value and goodwill of the Company and the Business represented thereby, each Seller covenants and agrees that, during the period beginning on the Closing Date and ending on the fifth (5th) anniversary of the Closing Date, such Seller shall not, and shall cause its Affiliates not to, directly or indirectly:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Proficient Auto Logistics, Inc), Stock Purchase Agreement (Proficient Auto Logistics, Inc)

Agreement Not to Compete or Solicit. (a) In furtherance of the sale contribution of the Shares Contributed Equity Interests to Purchaser under this Agreement and to more effectively protect the value and goodwill of the Company and the Business represented thereby, Seller covenants the Company and agrees the Shareholders covenant and agree that, during the period beginning on the Closing Date and ending on the fifth (5th) anniversary of the Closing Date, Seller the Shareholders shall not, and shall cause its Affiliates not to, directly or indirectly:

Appears in 1 contract

Samples: Contribution Agreement (Proficient Auto Logistics, Inc)

Agreement Not to Compete or Solicit. (a) In furtherance of the sale contribution of the Shares Contributed Equity Interests to Purchaser under this Agreement and to more effectively protect the value and goodwill of the each Company and the Business represented thereby, Seller Owner covenants and agrees that, during the period beginning on the Closing Date and ending on the fifth (5th) anniversary of the Closing Date, Seller Owner shall not, and shall cause its Affiliates not to, directly or indirectly:

Appears in 1 contract

Samples: Contribution Agreement (Proficient Auto Logistics, Inc)

Agreement Not to Compete or Solicit. (a) In furtherance of the sale of the Shares to Purchaser under this Agreement and to more effectively protect the value and goodwill of the Company and the Business represented thereby, Seller covenants Sellers covenant and agrees agree that, during the period beginning on the Closing Date and ending on the fifth (5th) anniversary of the Closing Date, Seller Sellers shall not, and shall cause its Affiliates not to, directly or indirectly:

Appears in 1 contract

Samples: Stock Purchase Agreement (Proficient Auto Logistics, Inc)

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Agreement Not to Compete or Solicit. (a) In furtherance of the sale contribution of the Shares Contributed Membership Interests to Purchaser under this Agreement and to more effectively protect the value and goodwill of the Company and the Business represented thereby, Seller covenants Sellers covenant and agrees agree that, during the period beginning on the Closing Date and ending on the fifth (5th) anniversary of the Closing Date, Seller Sellers shall not, not and shall cause its Affiliates not to, directly or indirectly:

Appears in 1 contract

Samples: Contribution Agreement (Proficient Auto Logistics, Inc)

Agreement Not to Compete or Solicit. (a) In furtherance of the sale of the Shares Purchased Membership Interests to Purchaser under this Agreement and to more effectively protect the value and goodwill of the Company and the Business represented thereby, Seller Owner covenants and agrees that, during the period beginning on the Closing Date and ending on the fifth (5th) anniversary of the Closing Date, Seller Owner shall not, and shall cause its Affiliates not to, directly or indirectly:

Appears in 1 contract

Samples: Purchase Agreement (Proficient Auto Logistics, Inc)

Agreement Not to Compete or Solicit. (a) In furtherance of the sale of the Shares Purchased Equity Interests to Purchaser under this Agreement and to more effectively protect the value and goodwill of the Company and the Business represented thereby, Seller covenants the Company and agrees the Shareholders covenant and agree that, during the period beginning on the Closing Date and ending on the fifth (5th) anniversary of the Closing Date, Seller the Shareholders shall not, and shall cause its Affiliates not to, directly or indirectly:

Appears in 1 contract

Samples: Stock Purchase Agreement (Proficient Auto Logistics, Inc)

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