Non-Competitor definition
Examples of Non-Competitor in a sentence
If Dermira consummates a Change of Control with a Third Party which is Competitor Company or a Non-Qualified Non-Competitor Company, then UCB shall have the right to terminate this Agreement pursuant to Section 20.6(a).
Promptly after (a) Dermira receives a term sheet from a Non-Competitor Company proposing a Change of Control for which Dermira’s board of directors desires to pursue negotiations, or (b) if Dermira’s board of directors intends to initiate a process for the purpose of soliciting proposals for a Change of Control, Dermira shall notify UCB in writing (the “M&A Notice”).
The Buyer may transfer or assign its rights and obligations hereunder and under the Agreement, in whole or in part, at any time to any Non-Competitor, without the consent of the Issuer, provided the Dealer shall use its reasonable efforts not to effect such a transfer or assignment to a Competitor.