Common use of Noncompete Provisions Clause in Contracts

Noncompete Provisions. (a) The Sub-Adviser hereby agrees that it: (i) will waive enforcement of any noncompete agreement or other agreement or arrangement to which it is currently a party that restricts, limits, or otherwise interferes with the ability of the Adviser to employ or engage Xxxxx Xxxxxxxx and will transmit notice of such waiver as may be required to give effect to this provision; and (ii) will not become a party to any noncompete agreement or other agreement or arrangement that restricts, limits or otherwise interferes with the ability of the Adviser to employ or engage Xxxxx Xxxxxxxx to provide investment advisory services. (b) Notwithstanding any termination of this Agreement, the Sub-Adviser’s obligations under this Paragraph 13 shall survive.

Appears in 4 contracts

Samples: Investment Sub Advisory Agreement (Sei Institutional Investments Trust), Investment Sub Advisory Agreement (Sei Institutional Managed Trust), Investment Sub Advisory Agreement (Sei Institutional Investments Trust)

AutoNDA by SimpleDocs

Noncompete Provisions. (a) The Sub-Adviser hereby agrees that it: (i) will waive enforcement of any noncompete agreement or other agreement or arrangement to which it is currently a party that restricts, limits, or otherwise interferes with the ability of the Adviser to employ or engage Xxxxx Xxxxxxxx and will transmit notice of such waiver as may be required to give effect to this provision; and (ii) will not become a party to any noncompete agreement or other agreement or arrangement that restricts, limits or otherwise interferes with the ability of the Adviser to employ or engage Xxxxx Xxxxxxxx to provide investment advisory services. (b) Notwithstanding any termination of this Agreement, the Sub-Adviser’s 's obligations under this Paragraph 13 11 shall survive.

Appears in 3 contracts

Samples: Investment Sub Advisory Agreement (Sei Institutional Investments Trust), Investment Sub Advisory Agreement (Sei Institutional Managed Trust), Investment Sub Advisory Agreement (Sei Institutional Managed Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!