Agreement Not to Negotiate. During the term of this Memorandum of Understanding, the parties mutually agree that they will not seek to negotiate or bargain with regard to wages, hours and terms and conditions of employment, whether or not covered by this Memorandum of Understanding or in the negotiations leading thereto, and irrespective of whether or not such matters were discussed or were even within the contemplation of the parties hereto during the negotiations leading to this Memorandum. Regardless of the waiver contained in this Article, the parties, may, however, by mutual agreement, in writing, agree to meet and confer about any matter during the term of this Memorandum.
Agreement Not to Negotiate. As a material inducement to cause Buyer to enter into this Agreement, Sellers (subject to the exercise of their fiduciary duties as advised by their counsel) hereby agree that during the term of this Agreement they will not, either themselves, itself, or through their, or its respective officers, directors, employees, agents, accountants, counsel, representatives or others, (i) solicit any other acquisition proposals, engage in any discussions concerning, or negotiate with other persons or entities regarding, any other acquisition proposals, whether formally or informally, or (ii) provide (except as may be required by law) any non-public information documents or materials to any person or entity (other than Buyer), or its agents, in connection with such proposals. If either of GSI or Xxxxxxx Bank, respectively, violates this Section 4.6 in any respect, then, and in such event, Buyer shall be entitled to immediately seek the specific performance of this Agreement and GSI and Xxxxxxx Bank each specifically acknowledge and agree that, then, and in such event, such equitable remedy will be necessary and appropriate for Buyer to seek and that in such event a legal remedy of damages would not be adequate to compensate Buyer for such a breach of this Agreement.
Agreement Not to Negotiate. As a material inducement to cause LFC to enter into this Agreement, Shareholders, the Holding Company and the Bank each hereby agrees that during the term of this Agreement they will not, either themselves, itself, or through their, or its officers, directors, employees, agents, representatives or others, (a) solicit any other acquisition proposals or negotiate with other persons or entities regarding other acquisition proposals, or (b) provide (except as may be required by law) any non-public information documents or materials to any person or entity (other than LFC), or its agents, in connection with any such proposals. If Shareholders, the Holding Company or the Bank violates this 8.6 in any respect, then, and in such event, LFC shall be entitled to immediately seek the specific performance of this Agreement and Shareholders agree that, in such event, such equitable remedy will be necessary and appropriate for LFC to seek and that a legal remedy of damages would not be adequate.
Agreement Not to Negotiate. As a material inducement to cause Lone Wolf to enter into this Agreement, each of the Shareholders, Prestige and Zenex hereby agree that during the term of this Agreement they will not, either themselves, itself, or through their respective officers, directors, employees, agents, accountants, counsel, representatives or others, (i) solicit any other acquisition proposals or offers, whether for the sale of the stock or assets of Prestige or Zenex, or engage in any discussions concerning, or negotiate with other persons or entities regarding, any other acquisition proposals, or the sale, purchase, merger or other corporate reorganization of Prestige or Zenex, or any of their respective material assets, with any other person or entity, whether formally or informally, or (ii) provide (except as may be required by law) any non-public information documents or materials to any person or entity (other than Lone Wolf), or its agents, in connection with such proposals.
