Examples of Solicited Party in a sentence
For so long as this Agreement shall remain in effect, (including any renewals, replacements or extensions hereof) and for a period of one (1) year following termination, regardless of the reason therefore, the parties agree that they shall not, directly or indirectly, solicit or encourage, or attempt to solicit or encourage any employee or contractor of the Solicited Party to leave Solicited Party’s employ.
In the event of a party’s violation or threatened violation of this Section 16, the Soliciting Party agrees that, without limiting any other legal or equitable remedies available to the Solicited Party, the Solicited Party shall be entitled to equitable relief by injunction or otherwise from any court of competent jurisdiction without the need to post a bond of any kind therefore.
For so long as this Agreement shall remain in effect (including any renewals, replacements or extensions hereof) and for a period of one (1) year following termination, regardless of the reason therefore, the parties agree that they shall not, directly or indirectly, solicit or encourage, or attempt to solicit or encourage any employee or contractor of the Solicited Party to leave Solicited Party’s employ.
In the event that a party violates the non-solicitation provisions hereof, and such violation causes a Solicited Party’s employee or contractor to leave the Solicited Party’s employ, the Soliciting Party agrees to pay the Solicited Party a sum equal to the solicited employee’s annualized gross salary (including bonuses) in affect at the time of his/her departure from the Solicited Party.
For purposes of this Agreement, the fact that an employee or contractor of a party becomes employed by the other party within six (6) months of his or her termination of employment shall be deemed conclusive evidence of a breach of the terms hereof, entitling the Solicited Party liquidated damages as provided for herein.