Common use of Non-Competition, Non-Solicitation and Non-Disclosure Clause in Contracts

Non-Competition, Non-Solicitation and Non-Disclosure. (a) In consideration of the payment of a portion of the Purchase Price to the Members, and in order to induce the Buyer to enter into this Agreement and to consummate the transactions contemplated hereby, each Member hereby acknowledges that he is the beneficiary of the Purchase Price payments to Seller and that hereby covenants and agrees as follows:

Non-Competition, Non-Solicitation and Non-Disclosure. (a) In consideration of the payment of a portion of the Purchase Price to the MembersCompany, and in order to induce the Buyer Parent and VPRW to enter into this Agreement and to consummate the transactions contemplated hereby, each Member the Stockholder hereby acknowledges that he is the beneficiary of the Purchase Price payments to the Company and the Seller and that the Stockholder hereby covenants severally covenant and agrees agree as follows: