Common use of Noncompete Provisions Clause in Contracts

Noncompete Provisions. (a) The Sub-Adviser hereby agrees that the Sub-Adviser will: (i) 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 any person or entity to provide investment advisory or other services and will transmit to any person or entity notice of such waiver as may be required to give effect to this provision; and (ii) 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 any person or entity to provide investment advisory or other services. (b) Notwithstanding any termination of this Agreement, the Sub-Adviser’s obligations under this Paragraph 12 shall survive for a period of five years following the date of termination of the Agreement.

Appears in 2 contracts

Samples: Investment Sub Advisory Agreement (SEI Catholic Values Trust), Investment Sub Advisory Agreement (Sei Institutional Investments Trust)

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Noncompete Provisions. (a) The Sub-Adviser hereby agrees that that, the Sub-Adviser will: (i) 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 any person or entity to provide investment advisory or other services and will transmit to any person or entity notice of such waiver as may be required to give effect to this provision; and (ii) 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 any person or entity to provide investment advisory or other services. (b) Notwithstanding any termination of this Agreement, the Sub-Adviser’s obligations under this Paragraph 12 shall survive survive, for a period of five years following the date of termination of the Agreement.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (New Covenant Funds)

Noncompete Provisions. (a) The Sub-Adviser hereby agrees that the Sub-Adviser will: (i) 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 any person or entity to provide investment advisory or other services and will transmit to any person or entity notice of such waiver as may be required to give effect to this provision; and (ii) 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 any person or entity to provide investment advisory or other services. (b) Notwithstanding any termination of this Agreement, the Sub-Adviser’s 's obligations under this Paragraph 12 shall survive for during a period of five 2 years following after the date of termination of the this Agreement.

Appears in 1 contract

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

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Noncompete Provisions. (a) The Sub-Adviser hereby agrees that the Sub-Adviser will: (i) 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 any person or entity to provide investment advisory or other services and will transmit to any person or entity notice of such waiver as may be required to give effect to this provision; and (ii) 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 any person or entity to provide investment advisory or other services. (b) Notwithstanding any termination of this Agreement, the Sub-Adviser’s obligations under this Paragraph 12 shall survive for during a period of five 2 years following after the date of termination of the this Agreement.

Appears in 1 contract

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

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