Common use of RESTRICTIVE COVENANTS IN ASSET PURCHASE AGREEMENT Clause in Contracts

RESTRICTIVE COVENANTS IN ASSET PURCHASE AGREEMENT. The Employee acknowledges that in connection with the purchase of substantially all of the assets of Rossar HR LLC ("Rossar"), Employee executed an Asset Purchase Agreement as an owner of Rossar (The "Purchase Agreement"). The Purchase Agreement contained restrictive covenants wherein Employee agreed not to compete against TRSG, or solicit its customers or employees for a period of two (2) years. Employee agrees that the restrictive covenants contained in this Agreement are separate from the restrictive covenants contained in the Purchase Agreement, and the parties do not intend to limit in any way the restrictions or promises made by Employee in the Purchase Agreement by entering into this Agreement.

Appears in 6 contracts

Samples: Management Agreement (Resourcing Solutions Group Inc), Management Agreement (Resourcing Solutions Group Inc), Management Agreement (Resourcing Solutions Group Inc)

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RESTRICTIVE COVENANTS IN ASSET PURCHASE AGREEMENT. The Employee acknowledges that in connection with the purchase of substantially all of the assets of Rossar HR LLC ("Rossar"), Employee executed an Asset Purchase Agreement as an owner of Rossar (The "Purchase Agreement"). The Purchase Agreement contained restrictive covenants wherein Employee agreed not to compete against TRSG, or solicit its customers or employees for a period of two (2) years. Employee agrees that the restrictive covenants contained in this Agreement are separate from the restrictive covenants contained in the Purchase Agreement, and the parties do not intend to limit in any way the restrictions or promises made by Employee in the Purchase Agreement by entering into this Agreement.. ARTICLE 6

Appears in 1 contract

Samples: Management Agreement

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