Common use of Employee Departures/Restrictions Clause in Contracts

Employee Departures/Restrictions. To the Knowledge of the Company, no employee of an Acquired Company: (i) intends to terminate his employment with the Company; (ii) has received an offer to join a business that may be competitive with an Acquired Company’s business; or (iii) is a party to or is bound by any confidentiality agreement, noncompetition agreement or other Contract (with any Person) that may have an adverse effect on: (A) the performance by such employee of any of his duties or responsibilities as an employee of an Acquired Company; or (B) any Acquired Company’s business or operations.

Appears in 1 contract

Samples: Merger Agreement (Yelp Inc)

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Employee Departures/Restrictions. To the Knowledge of the Company, no employee of an Acquired Company: (i) intends has informed the Company of their intention to terminate his employment with the Company; (ii) has received an offer to join a business that may be competitive with an Acquired Company’s business; or (iii) is a party to or is bound by any confidentiality agreement, noncompetition agreement or other Contract (with any Person) that may have an adverse effect on: (A) the performance by such employee of any of his duties or responsibilities as an employee of an Acquired Company; or (B) any Acquired Company’s business or operations.

Appears in 1 contract

Samples: Merger Agreement (Yelp Inc)

Employee Departures/Restrictions. To the Knowledge of the Company, no employee of an any Acquired Company: (i) intends to terminate her or his employment with the such Acquired Company; (ii) has received an offer to join a business that may be competitive with an Acquired Company’s business; or (iii) is a party to or is bound by any restrictive covenants, confidentiality agreement, noncompetition agreement or other Contract (with any PersonPerson other than an Acquired Company) that may have an adverse effect on: (A) the performance by such employee of any of her or his duties or responsibilities as an employee of an Acquired Company; or (B) any an Acquired Company’s business or operations.

Appears in 1 contract

Samples: Merger Agreement (Century Therapeutics, Inc.)

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Employee Departures/Restrictions. To the Knowledge of the Company, no employee of an Acquired Company: (i) intends to terminate his or her employment with the such Acquired Company; (ii) has received an offer to join a business that may be competitive with an Acquired Company’s business; or (iii) is a party to or is bound by any confidentiality agreement, noncompetition non-competition agreement or other Contract (with any Person) that may have an adverse effect on: (A) the performance by such employee of any of his or her duties or responsibilities as an employee of an Acquired Company; or (B) any Acquired Company’s business or operations.53

Appears in 1 contract

Samples: Share Purchase Agreement (Tenable Holdings, Inc.)

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