Examples of Noncompetition and Nonsolicitation Agreements in a sentence
The Purchase Price shall be allocated for tax purposes as mutually agreed to by PRGI and Seller within 60 days after the Closing; provided, however, the Purchase Price shall be allocated solely to (a) goodwill; (b) fixed assets at book value; (c) a share of the allocation to the Noncompetition and Nonsolicitation Agreements described in Section 5.4 of the RCI Agreement, as appropriate, and (d) to the extent they exist, Accounts Receivable net of appropriate reserves and accrued commissions.
The Indemnification Agreement, each of the Noncompetition and Nonsolicitation Agreements, the Representative Agreement, each of the Shareholder Support Agreements and each of the Employment Agreements shall be in full force and effect.
The Purchase Price shall be allocated for tax purposes among each item or class of Purchased Assets and the Noncompetition and Nonsolicitation Agreements as mutually agreed to by Purchaser and Seller and set forth on Schedule 3.7 attached hereto.
The confidentiality terms of the Noncompetition and Nonsolicitation Agreements are incorporated in this Agreement by this reference.
The Parties agree to (a) allocate the purchase price among the Assets and the Noncompetition and Nonsolicitation Agreements in accordance with attached Schedule 2.8 and Section 1060 of the Code; (b) treat and report the transactions contemplated by this Agreement in all respects consistently for purposes of any federal, state or local tax; and (c) not take any action inconsistent with such obligation.
Each of Purchasers shall be designated as "Other Members" under (i) any option agreement (each of which agreement shall be substantially in the form of the 1998 Unit Option Agreement attached to Company's 1998 Unit Option Plan) entered into by Company pursuant to its 1998 Unit Option Plan or (ii) the respective Issuance, Noncompetition and Nonsolicitation Agreements between AD and each of Keitx Xxxxxxxx, Xxevx Xxxxxx xxx Robexx Xxxxx.
As of the Closing Date, Xxxxxx, the sole owner of the Company, shall enter into the Employment Agreement and Sellers shall each enter into the Noncompetition and Nonsolicitation Agreements with Purchaser.
Prior to or at the Closing each of the Shareholders shall execute and deliver Noncompetition and Nonsolicitation Agreements ("Noncompetition Agreements") substantially in the form attached as Exhibit D.
The Company has entered into Noncompetition and Nonsolicitation Agreements and Invention and Nondisclosure Agreements with each of its employees.
There has been a high number of network activities and stakeholder’s involvement in meetings.