Common use of Agreements of Management Holders Clause in Contracts

Agreements of Management Holders. To the extent that a given Threshold Investment Management Holder, as of the date such Threshold Investment Management Holder becomes a party to this Agreement (or, if later, the date a Management Holder becomes a Threshold Investment Management Holder), is not subject to nonsolicitation, non-hire and/or noncompetition covenants of a type similar to those set forth Exhibit B hereto (such covenants, “Noncompetition Covenants”), then such Threshold Investment Management Holder shall execute and deliver to the Company as of such date a Non-Competition, Non-Solicitation and No-Hire Agreement in the form set forth in Exhibit B hereto. In addition, each Management Holder hereby agrees to the provisions in Section 8(a) through 8(d) below. Each Management Holder acknowledges that it has received good and valuable consideration, the sufficiency of which is hereby acknowledged, for the applicable covenants set forth in this Section 8.

Appears in 4 contracts

Samples: Adoption Agreement (Presidio, Inc.), Adoption Agreement (Presidio, Inc.), Adoption Agreement (Presidio, Inc.)

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