Common use of Non-Solicitation of Customers and Vendors Clause in Contracts

Non-Solicitation of Customers and Vendors. The Executive understands and acknowledges that because of the Executive’s experience with and relationship to the Company, he will have access to and learn about much or all of the Company’s customer and vendor information (or, “Competitive Information”). Competitive includes, but is not limited to, names, phone numbers, addresses, e-mail addresses, order history, order preferences, chain of command, pricing information, and other information identifying facts and circumstances specific to the vendor or the customer and relevant to sales. The Executive understands and acknowledges that loss of this customer or vendor relationship and/or goodwill will cause significant and irreparable harm. The Executive agrees and covenants, during 12 months, to run consecutively, beginning on the last day of the Executive’s employment with the Company, not to directly or indirectly solicit, contact (including but not limited to e-mail, regular mail, express mail, telephone, fax, and instant message), attempt to contact, or meet with the Company’s current, former or prospective vendors or customers for purposes of offering or accepting goods or services similar to or competitive with those offered by the Company. This restriction shall only apply to:

Appears in 4 contracts

Samples: Employment Agreement (Planet 13 Holdings Inc.), Employment Agreement (Planet 13 Holdings Inc.), Employment Agreement (Planet 13 Holdings Inc.)

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Non-Solicitation of Customers and Vendors. The Executive understands and acknowledges that because of the Executive’s experience with and relationship to the Company, he the Executive will have access to and learn about much or all of the Company’s customer and vendor information (or, “Competitive Information”). Competitive includes, but is not limited to, names, phone numbers, addresses, e-mail addresses, order history, order preferences, chain of command, pricing information, and other information identifying facts and circumstances specific to the vendor or the customer and relevant to sales. The Executive understands and acknowledges that loss of this customer or vendor relationship and/or goodwill will cause significant and irreparable harm. The Executive agrees and covenants, during 12 months, to run consecutively, beginning on the last day of the Executive’s employment with the Company, not to directly or indirectly solicit, contact (including but not limited to e-mail, regular mail, express mail, telephone, fax, and instant message), attempt to contact, or meet with the Company’s current, former or prospective vendors or customers for purposes of offering or accepting goods or services similar to or competitive with those offered by the Company. This restriction shall only apply to:

Appears in 1 contract

Samples: Employment Agreement (Planet 13 Holdings Inc.)

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