Hiring or Solicitation of Employees and Contractors. Each Significant Owner agrees that, during the Restricted Period, such Significant Owner shall not, and shall cause such Significant Owner’s Affiliates not to: (a) directly or indirectly hire any employee, independent contractor, or consultant or any person who was an employee, independent contractor, or consultant of the Target Company within the preceding six (6) months, or (b) directly or indirectly encourage, induce, attempt to induce, solicit or attempt to solicit (on such Significant Owner’s own behalf or on behalf of any other Person) any employee, independent contractor, or consultant to leave or curtail his or her employment or engagement with the Acquirer, the Target Company, or any of their Affiliates. Notwithstanding the foregoing, this Section 6.7(c) shall not prevent any Significant Owner from undertaking general solicitations of employment not targeted at employees, independent contractors, or consultants of the Acquirer, the Target Company, or any of their Affiliates (so long as the applicable Significant Owner does not, directly or indirectly, hire any such employee, independent contractor, or consultant).
Appears in 2 contracts
Samples: Merger Agreement (Isoray, Inc.), Merger Agreement (Isoray, Inc.)
Hiring or Solicitation of Employees and Contractors. Each Significant Owner Seller agrees that, during the Restricted Period, such Significant Owner Seller shall not, and shall cause such Significant OwnerSeller’s Affiliates not to: (a) directly or indirectly hire any employee, independent contractor, or consultant or any person who was an employee, independent contractor, or consultant of the Target Company Acquired Companies within the preceding six (6) months, or (b) directly or indirectly encourage, induce, attempt to induce, solicit or attempt to solicit (on such Significant OwnerSeller’s own behalf or on behalf of any other Person) any employee, independent contractor, or consultant to leave or curtail his or her employment or engagement with the AcquirerPurchaser, the Target CompanyAcquired Companies, or any of their Affiliates. Notwithstanding the foregoing, this Section 6.7(c7.7(c) shall not prevent any Significant Owner Seller from undertaking general solicitations of employment not targeted at employees, independent contractors, or consultants of the AcquirerPurchaser, the Target CompanyAcquired Companies, or any of their Affiliates (so long as the applicable Significant Owner Seller does not, directly or indirectly, hire any such employee, independent contractor, or consultant).
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement (RumbleOn, Inc.), Plan of Merger and Equity Purchase Agreement (RumbleON, Inc.)