Common use of Restrictions on Business Personnel Clause in Contracts

Restrictions on Business Personnel. NGC undertakes to each of the other Parties that, having regard to the activities in which any Business Person is engaged and the nature and effective life of the Protected Information divulged to him by virtue of such activities, neither NGC nor any of its subsidiaries shall unreasonably continue (taking into account any industrial relations concerns reasonably held by it) to divulge Protected Information or permit Protected Information to be divulged by any subsidiary of NGC to any Business Person: 69.4.1 who has notified NGC or the relevant subsidiary of his intention to become engaged as an employee or agent of any other person (other than of NGC or any subsidiary thereof) who is: (a) authorised by licence or exemption to generate, transmit or supply electricity; or (b) an electricity broker or who is known to be engaged in the writing of electricity purchase contracts (as hereinbefore defined); or (c) known to be retained as a consultant to any such person who is referred to in paragraph (a) or (b) above; or 69.4.2 who is to be transferred to the Generation Business, save where NGC or such subsidiary could not, in all the circumstances, reasonably be expected to refrain from divulging to such Business Person Protected Information which is required for the proper performance of his duties.

Appears in 1 contract

Samples: Pooling and Settlement Agreement (Entergy London Capital Lp)

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Restrictions on Business Personnel. NGC undertakes to each of the other Parties that, having regard to the activities in which any Business Person is engaged and the nature and effective life of the Protected Information divulged to him by virtue of such activities, neither NGC nor any of its subsidiaries shall unreasonably continue (taking into account any industrial relations concerns reasonably held by it) to divulge Protected Information or permit Protected Information to be divulged by any subsidiary of NGC to any Business Person:Person:- 69.4.1 who has notified NGC or the relevant subsidiary of his intention to become engaged as an employee or agent of any other person (other than of NGC or any subsidiary thereof) who is:is:- (a) authorised by licence or exemption to generate, transmit or supply electricity; or (b) an electricity broker or who is known to be engaged in the writing of electricity purchase contracts (as hereinbefore defined); or (c) known to be retained as a consultant to any such person who is referred to in paragraph (a) or (b) above; or 69.4.2 who is to be transferred to the Generation Business, save where NGC or such subsidiary could not, in all the circumstances, reasonably be expected to refrain from divulging to such Business Person Protected Information which is required for the proper performance of his duties.

Appears in 1 contract

Samples: Settlement Agreement (Southern Investments Uk PLC)

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Restrictions on Business Personnel. NGC undertakes to each of the other Parties that, having regard to the activities in which any Business Person business person is engaged and the nature 227 and effective life of the Protected Information divulged to him by virtue of such activities, neither NGC nor any of its subsidiaries shall unreasonably continue (taking into account any industrial relations concerns reasonably held by it) to divulge Protected Information or permit Protected Information to be divulged by any subsidiary of NGC to any Business Person:Person:- 69.4.1 who has notified NGC or the relevant subsidiary of his intention to become engaged as an employee or agent of any other person (other either than of NGC or any subsidiary thereof) who is:is:- (a) authorised by licence license or exemption to generate, transmit or supply electricity; or (b) an electricity broker or who is known to be engaged in the writing of electricity purchase contracts (as hereinbefore defined); or (c) known to be retained as a consultant to any such person who is referred to in paragraph (a) or (b) above; or 69.4.2 who is to be transferred to the Generation Business, save where NGC or such subsidiary could not, in all the circumstances, reasonably be expected to refrain from divulging to such Business Person Protected Information which is required for the proper performance of his duties.

Appears in 1 contract

Samples: Pooling and Settlement Agreement (Yorkshire Power Group LTD)

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