Covenant Against Hiring. Seller and the Shareholders understand that in Buyer's view it is essential to the successful operation of a technical staffing business in the Territory that Buyer retain substantially unimpaired Seller's current operating organization. Seller and the Shareholders covenant and agree that neither of them, nor any affiliate of either of them, without the prior written consent of Buyer, shall take any action which would induce any employee, independent contractor or representative of Seller prior to the Effective Time not to become or continue as an employee, independent contractor or representative of Buyer.
Appears in 1 contract
Covenant Against Hiring. Seller and the Shareholders Stockholder understand that in Buyer's view it is essential to the successful operation of a technical staffing business in the Territory that Buyer retain substantially unimpaired Seller's current operating organization. Seller and the Shareholders Stockholder covenant and agree that neither of them, nor any affiliate of either of them, without the prior written consent of Buyer, shall take any action which would induce any employee, independent contractor employee or representative of Seller prior to the Effective Time not to become or continue as an employee, independent contractor employee or representative of Buyer.
Appears in 1 contract
Samples: Asset Purchase Agreement (Mega Micro Technologies Group)
Covenant Against Hiring. Seller and the Shareholders understand that in Buyer's view it is essential to the successful operation of a technical staffing business in the Territory that Buyer retain substantially unimpaired Seller's current operating organization. Seller and the Shareholders covenant and agree that neither of them, nor any affiliate of either of them, without the prior written consent of Buyer, shall take any action which would induce any employee, independent contractor employee or representative of Seller prior to the Effective Time not to become or continue as an employee, independent contractor employee or representative of Buyer.
Appears in 1 contract
Covenant Against Hiring. Seller and the Shareholders understand understands that in Buyer's view it is essential to the successful operation of a technical staffing its business in the Territory that Buyer retain substantially unimpaired Seller's current operating organization. Seller covenants and the Shareholders covenant and agree agrees that neither of them, nor any affiliate of either of them, without the prior written consent of Buyer, shall take any action which would induce any employee, independent contractor employee or representative of Seller prior to the Effective Time not to become or continue as an employee, independent contractor employee or representative of Buyer.
Appears in 1 contract