NON-COMPETITION AND NON-SOLICITATION AGREEMENTNon-Competition and Non-Solicitation Agreement • December 29th, 2016 • American Lorain CORP • Canned, frozen & preservd fruit, veg & food specialties • New York
THIS NON-COMPETITION AND NON-SOLICITATION AGREEMENT (this “Agreement”) is being executed and delivered as of [ ] by [_____________] (“Seller”) [and ______________, an individual that is a shareholder of Seller or otherwise serving as officer, director, manager or employee of Seller and serving as a shareholder, director, officer, manager or employee of the Company (as defined below) or any of its Subsidiaries (“Manager” and, together with Seller, the “Subject Parties”)], in favor of and for the benefit of American Lorain Corporation, a Nevada corporation (“Purchaser”), Shengrong Environmental Protection Holding Company Limited, a business company incorporated in the British Virgin Islands with limited liability (the “Company”), and each of Purchaser’s and/or the Company’s respective present and future Affiliates, successors and direct and indirect Subsidiaries (collectively, the “Covered Parties”). Any capitalized term used, but not defined in this Agreement will have the meaning ascri
