Common use of Verification of Eligibility for Non-Competition Period Payments Clause in Contracts

Verification of Eligibility for Non-Competition Period Payments. To qualify for payments under this Section 9, Employee must provide Company detailed written documentation supporting eligibility for payment, including, at a minimum, (i) the name and location of the Competing Organization that would have employed Employee but for the provisions of Section 7 of this Agreement, (ii) the title, nature, and detailed job responsibilities of the employment position with the Competing Organization that Employee was denied, (iii) the date Employee was denied the employment position, and (iv) the name and contact information of a managerial employee at the Competing Organization who has sufficient authority to confirm that Employee was denied this specific employment position with the Competing Organization solely because Employee is subject to the provisions of Section 7 of this Agreement (the “eligibility documentation”). Upon receipt of the eligibility documentation, Company will determine eligibility for payment and, if eligibility is established, payments will commence as of the date of Company’s receipt of the eligibility documentation or the date Employee’s Severance Benefit Period ends, whichever is later.

Appears in 5 contracts

Samples: Non Competition and Non Solicitation Agreement (Zimmer Biomet Holdings, Inc.), Non Competition and Non Solicitation Agreement (Zimmer Biomet Holdings, Inc.), Non Competition and Non Solicitation Agreement (Zimmer Biomet Holdings, Inc.)

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Verification of Eligibility for Non-Competition Period Payments. To qualify for payments under this Section 9Section, Employee must provide Company detailed written documentation supporting eligibility for payment, including, at a minimum, (i) the name and location of the Competing Organization that would have employed Employee but for the provisions of Section 7 of this Agreement, (ii) the title, nature, and detailed job responsibilities of the employment position with the Competing Organization that Employee was denied, (iii) the date Employee was denied the employment position, and (iv) the name and contact information of a managerial employee at the Competing Organization who has sufficient authority to confirm that Employee was denied this specific employment position with the Competing Organization solely because Employee is subject to the provisions of Section 7 of this Agreement (the eligibility documentationEligibility Documentation”). Upon receipt of the eligibility documentationEligibility Documentation, Company will determine eligibility for payment and, if eligibility is established, payments will commence as of the date of Company’s receipt of the eligibility documentation Eligibility Documentation or the date Employee’s the Severance Benefit Period ends, whichever is later.

Appears in 3 contracts

Samples: And Non Solicitation Agreement (Zimmer Biomet Holdings, Inc.), And Non Solicitation Agreement (Zimmer Biomet Holdings, Inc.), And Non Solicitation Agreement (ZimVie Inc.)

Verification of Eligibility for Non-Competition Period Payments. To qualify for payments under this Section 9, Employee must provide Company detailed written documentation supporting eligibility for payment, including, at a minimum, (ia) the name and location of the Competing Organization that would have employed Employee but for the provisions of Section 7 of this Agreement, (iib) the title, nature, and detailed job responsibilities of the employment position with the Competing Organization that Employee was denied, (iiic) the date Employee was denied the employment position, and (ivd) the name and contact information of a managerial employee at the Competing Organization who has sufficient authority to confirm that Employee was denied this specific employment position with the Competing Organization solely because Employee is subject to the provisions of Section 7 of this Agreement (the “eligibility documentation”). Upon receipt of the eligibility documentation, Company will determine eligibility for payment and, if eligibility is established, payments will commence as of the date of Company’s receipt of the eligibility documentation or the date Employee’s Severance Benefit Period ends, whichever is laterdocumentation.

Appears in 2 contracts

Samples: Non Solicitation Agreement, And Non Solicitation Agreement (Zimmer Holdings Inc)

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Verification of Eligibility for Non-Competition Period Payments. To qualify for payments under this Section 9, Employee must provide Company detailed written documentation supporting eligibility for payment, including, at a minimum, (ia) the name and location of the Competing Organization Entity that would have employed Employee but for the provisions of Section 7 of this Agreement, (iib) the title, nature, and detailed job responsibilities of the employment position with the Competing Organization Entity that Employee was denied, (iiic) the date Employee was denied the employment position, and (ivd) the name and contact information of a managerial employee at the Competing Organization Entity who has sufficient authority to confirm that Employee was denied this specific employment position with the Competing Organization Entity solely because Employee is subject to the provisions of Section 7 of this Agreement (the “eligibility documentation”). Upon receipt of the eligibility documentation, Company will determine eligibility for payment and, if eligibility is established, payments will commence as of the date of Company’s receipt of the eligibility documentation or the date Employee’s Severance Benefit Period ends, whichever is laterdocumentation.

Appears in 2 contracts

Samples: Non Competition and Non Solicitation Agreement (Zimmer Biomet Holdings, Inc.), Competition and Non Solicitation Agreement (Zimmer Biomet Holdings, Inc.)

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