Noncompetition and Nonsolicitation Provisions. Upon a Change of Control, the Executive shall not be subject to any post-termination noncompetition and/or nonsolicitation obligations set forth in the Employee Agreement.
Noncompetition and Nonsolicitation Provisions. 9.1 During the Term of this Agreement and for a period of two (2) years after the termination or expiration of this Agreement for any reason, Practice and each of its physician shareholders (each individually referred to as “Shareholder”) shall not, without Manager’s prior written consent, directly or indirectly, anywhere within the Restricted Territory (as defined below): (i) establish, own or operate a medically assisted addiction therapy clinic or facility staffed by physicians, physician assistants or nurse practitioners and providing the services of physicians, physician assistants and nurse practitioners to the general public in a manner similar to the medically assisted addiction therapy clinic operated by the Facilities pursuant to this Agreement or (ii) in direct competition with Manager engage in or participate in the management of medically assisted addiction therapy clinics or facilities staffed by physicians, physician
Noncompetition and Nonsolicitation Provisions. Each Seller agrees, as permitted by applicable law, that it will transfer, convey, assign and deliver to Acquirors all of the rights to enforce any remaining term of the noncompetition and nonsolicitation provisions of any agreement with any Provider, employee or independent contractor who does not enter into an employment agreement with or whose employment agreement is not assigned to Buyer, PC Buyer or their Affiliate at the Closing to the extent transferable.
Noncompetition and Nonsolicitation Provisions. Seller agrees, as permitted by applicable law, that it will transfer, convey, assign and deliver to Acquirors all of the rights to enforce any remaining term of the noncompetition and nonsolicitation provisions of any agreement with any Provider, employee or independent contractor who does not enter into an employment agreement with or whose employment agreement is not assigned to Buyer, PC Buyer or their Affiliate at the Closing to the extent transferable. Seller agrees that at its or Buyer election, it will use commercially reasonably efforts to enforce any noncompetition or nonsolicitation provisions within or relating to Xxxxxxxxxxx Purchase Agreement, Xxxxxxxxxxx Notes, or other agreements by and among Xxxxxxxxxxx and any member of Selling Group, for the applicable duration of any such provision. If the enforcement efforts occur after the end of the Supplemental Earnout Measurement Period, then the enforcement efforts shall be at Acquirors’ sole cost and expense.
Noncompetition and Nonsolicitation Provisions. (a) The Executive agrees that during the 24-month period following the Employment Period (the “Non-Compete Period”), the Executive will not, directly or indirectly, (i) become a director, officer, employee, shareholder, principal, agent, consultant or independent contractor of any insured depository institution, trust company or parent holding company of any such institution or company which has an office in New York City, New York, or any of Bronx, Kings, Nassau, Queens, Richmond, Rockland, Suffolk or Westchester Counties in the State of New York, or any of Bergen, Essex, Hudson, Middlesex, Ocean, Passaic or Union Counties in the State of New Jersey (collectively, the “Restricted Territory”), or any other entity whose business in the Restricted Territory materially competes with the depository, lending or other business activities of the Corporation or its subsidiaries or affiliates (in each case, a “Competing Business”), provided, however, that this provision shall not prohibit the Executive from owning bonds, non-voting preferred stock or up to five percent (5%) of the outstanding common stock of any such entity if such common stock is publicly traded, (ii) solicit or induce, or cause others to solicit or induce, any employee of the Corporation or any of its subsidiaries to leave the employment of such entities, or (iii) solicit (whether by mail, telephone, personal meeting or any other means) any customer of the Corporation or any of its subsidiaries to transact business with any other entity, whether or not a Competing Business, or to reduce or refrain from doing any business with the Corporation or its subsidiaries, or interfere with or damage (or attempt to interfere with or damage) any relationship between the Corporation or its subsidiaries and any such customers.
