Common use of Early Resolution Conference Clause in Contracts

Early Resolution Conference. This Agreement is understood to be clear and enforceable as written and is executed by both parties on that basis. However, should Director later challenge any provision as unclear, unenforceable, or inapplicable to any competitive activity that Director intends to engage in, Director will first notify EQBK in writing and meet with a EQBK representative and a neutral mediator (if EQBK elects to retain one at its expense) to discuss resolution of any disputes between the parties. Director will provide this notice at least twenty-one (21) days before Director engages in any activity on behalf of a competing business or engages in other activity that could foreseeably fall within a questioned restriction. If Director fails to comply with this requirement, Director waives his right to challenge the reasonable scope, clarity, applicability or enforceability of this Agreement and its restrictions at a later time.

Appears in 6 contracts

Samples: Merger Agreement (Equity Bancshares Inc), Agreement and Plan of Reorganization (Equity Bancshares Inc), Agreement and Plan of Reorganization (Equity Bancshares Inc)

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Early Resolution Conference. This Agreement is understood to be clear and enforceable as written and is executed by both parties on that basis. However, should Director later challenge any provision as unclear, unenforceable, or inapplicable to any competitive activity that Director intends to engage in, Director will first notify EQBK FFIN in writing and meet with a EQBK FFIN representative and a neutral mediator (if EQBK FFIN elects to retain one at its expense) to discuss resolution of any disputes between the parties. Director will provide this notice at least twenty-one (21) days before Director engages in any activity on behalf of a competing business or engages in other activity that could foreseeably fall within a questioned restriction. If Director fails to comply with this requirement, Director waives his right to challenge the reasonable scope, clarity, applicability or enforceability of this Agreement and its restrictions at a later time.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (First Financial Bankshares Inc), Merger Agreement (First Financial Bankshares Inc)

Early Resolution Conference. This Agreement is understood to be clear and enforceable as written and is executed by both parties on that basis. However, should Director later seek to challenge any provision as unclear, unenforceable, or inapplicable to any competitive activity that in which Director intends to engage inengage, Director will first notify EQBK FNBC in writing and meet with a EQBK representative of FNBC and a neutral mediator (if EQBK FNBC elects to retain one at its expense) to discuss resolution of any disputes between the parties. Director will provide this notice notification at least twenty-one (21) 14 days before Director engages in any activity on behalf of a competing business Competing Business or engages in other activity that could foreseeably fall within a questioned restrictionrestriction contained in this Agreement. If Director fails to comply with this requirement, Director waives his right to challenge the reasonable scope, clarity, applicability or enforceability of this Agreement and its restrictions at a later time.

Appears in 1 contract

Samples: Support Agreement (State Investors Bancorp, Inc.)

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Early Resolution Conference. This Agreement is understood to be clear and enforceable as written and is executed by both parties on that basis. However, should Director later challenge any provision as unclear, unenforceable, or inapplicable to any competitive activity that Director intends to engage in, Director will first notify EQBK Parent in writing and meet with a EQBK Parent representative and a neutral mediator (if EQBK Parent elects to retain one at its expense) to discuss resolution of any disputes between the parties. Director will provide this notice at least twenty-one (21) days before Director engages in any activity on behalf of a competing business or engages in other activity that could foreseeably fall within a questioned restrictionrestriction under this Agreement. If Director fails to comply with this requirement, Director waives his right to challenge the reasonable scope, clarity, applicability or enforceability of this Agreement and its restrictions at a later time.

Appears in 1 contract

Samples: Merger Agreement (T Bancshares, Inc.)

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