Common use of Covenant Not to Compete by Seller Clause in Contracts

Covenant Not to Compete by Seller. Until the fifth (5th) anniversary of the Closing Date, Seller agree that, neither Seller nor any of Affiliate will, directly or indirectly, own, manage, operate, join, control, or be employed or engaged by, nor participate in the ownership, management, operation, or control of, any Competing Enterprise.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Sibling Group Holdings, Inc.), Asset Purchase Agreement (Sibling Group Holdings, Inc.), Asset Purchase Agreement (Sibling Group Holdings, Inc.)

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Covenant Not to Compete by Seller. Until the fifth second (5th2nd) anniversary of the Closing Date, Seller agree that, neither Seller nor any of Affiliate will, directly or indirectly, own, manage, operate, join, control, or be employed or engaged by, nor participate in the ownership, management, operation, or control of, any Competing Enterprise.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sibling Group Holdings, Inc.)

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