Common use of Maine Addendum Clause in Contracts

Maine Addendum. If a court of competent jurisdiction deems that Maine law applies, then: (i) Participant acknowledges that if Participant is being initially hired by Company (or its Subsidiary or Affiliate) that Participant was notified a noncompete agreement would be required prior to their receiving a formal offer of employment from Company (or its Subsidiary or Affiliate) and Participant received a copy of the Agreement at least three business days before they were required to sign the Agreement; (ii) Section 11(b)(1) will not take effect (to restrict Participant post-employment) until one year of employment or a period of six months from the date the agreement is signed, whichever is later; and (iii) Section 11(b)(1) shall not apply if Participant earns at or below 400% of the federal poverty level.

Appears in 9 contracts

Samples: Restricted Stock Unit Agreement (Brookdale Senior Living Inc.), Performance Based Restricted Stock Unit Agreement (Brookdale Senior Living Inc.), Restricted Stock Unit Agreement (Brookdale Senior Living Inc.)

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