Employment and Noncompetition Agreements. At the Closing, each of the Stockholders shall execute and deliver an employment and noncompetition agreement substantially in the form of Exhibit 12 and Main Street shall execute a noncompetition agreement with substantially the same terms.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization and Merger (Palex Inc), Agreement and Plan of Reorganization and Merger (Palex Inc), Agreement and Plan of Reorganization and Merger (Palex Inc)
Employment and Noncompetition Agreements. At the Closing, each of the Stockholders Stockholder shall execute and deliver an employment and noncompetition agreement substantially in the form of Exhibit 12 and Main Street shall execute a noncompetition agreement with substantially the same terms.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization and Merger (Palex Inc), Agreement and Plan of Reorganization and Merger (Palex Inc)
