Common use of NONSOLICITATION; NONINTERFERENCE Clause in Contracts

NONSOLICITATION; NONINTERFERENCE. During the Restricted Period, Participant will not solicit or suggest, or provide assistance to anyone else in seeking to solicit or suggest, that any customer, vendor, employee, or other person or organization having or contemplating a relationship with the Xxxxxxx Companies terminate, reduce, or not initiate their relationship or contemplated relationship with the Xxxxxxx Companies, or enter into any similar relationship with anyone else instead of the Xxxxxxx Companies. The time periods for the covenants in this Section shall be extended by the same period that Participant is in violation of any such covenant. The parties agree that any breach of Participant’s commitments in this Section would cause the Xxxxxxx Companies irreparable harm and that injunctive relief would be appropriate.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Hagerty, Inc.), Performance Restricted Stock Unit Award Agreement (Hagerty, Inc.), Performance Restricted Stock Unit Award Agreement (Hagerty, Inc.)

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NONSOLICITATION; NONINTERFERENCE. During the Restricted Period, Participant will not solicit or suggest, or provide assistance to anyone else in seeking to solicit or suggest, that any customer, vendor, employee, or other person or organization having or contemplating a relationship with the Xxxxxxx Hagerty Companies terminate, reduce, or not initiate their relationship or contemplated relationship with the Xxxxxxx Hagerty Companies, or enter into any similar relationship with anyone else instead of the Xxxxxxx Companies. The time periods for the covenants in this Section shall be extended by the same period that Participant is in violation of any such covenant. The parties agree that any breach of Participant’s commitments in this Section would cause the Xxxxxxx Companies irreparable harm and that injunctive relief would be appropriate.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Hagerty, Inc.)

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