Common use of Noncompete Provisions Clause in Contracts

Noncompete Provisions. (a) The Sub-Adviser hereby agrees that, the Sub-Adviser will waive enforcement of any noncompete agreement or other agreement or arrangement to which it is currently a party or becomes a party to during the term of this Agreement that restricts, limits, or otherwise interferes with the ability of the Adviser to employ or engage: (i) any person who provided investment advisory services to Adviser pursuant to this Agreement, or (ii) entity employing such person, to provide investment advisory or other services to Adviser and will transmit to any person or entity notice of such waiver as may be required to give effect to this provision; provided, however, Sub-Adviser will not waive any restriction on a former employee's (or his/her current employer's) ability to hire current employees of the Sub-Adviser; and (b) Notwithstanding any termination of this Agreement, the Sub-Adviser's obligations under this Paragraph 11 shall survive.

Noncompete Provisions. (a) The Sub-Adviser hereby agrees that, the Sub-Adviser will waive enforcement of any noncompete agreement or other agreement or arrangement to which it is currently a party or becomes a party to during the term of this Agreement that restricts, limits, or otherwise interferes with the ability of the Adviser to employ or engage: (i) any person who provided investment advisory services to Adviser pursuant to this Agreement, or (ii) entity employing such person, to provide investment advisory or other services to Adviser and will transmit to any person or entity notice of such waiver as may be required to give effect to this provision; provided, however, Sub-Adviser will not waive any restriction on a former employee's ’s (or his/her current employer's’s) ability to hire current employees of the Sub-Adviser; and (b) Notwithstanding any termination of this Agreement, the Sub-Adviser's ’s obligations under this Paragraph 11 13 shall survive.

Noncompete Provisions. (a) The Sub-Adviser hereby agrees that, the Sub-Adviser will waive enforcement of any noncompete agreement or other agreement or arrangement to which it is currently a party or becomes a party to during the term of this Agreement that restricts, limits, or otherwise interferes with the ability of the Adviser to employ or engage: (i) any person who provided investment advisory services to Adviser pursuant to this Agreement, or (ii) entity employing such person, to provide investment advisory or other services to Adviser and will transmit to any person or entity notice of such waiver as may be required to give effect to this provision; provided, however, Sub-Adviser will not waive any restriction on a former employee's ’s (or his/her current employer's’s) ability to hire current employees of the Sub-Adviser; and (b) Notwithstanding any termination of this Agreement, the Sub-Adviser's ’s obligations under this Paragraph 11 shall survive.