Examples of Solicited Party in a sentence
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.
The Solicited Party shall be permitted to provide such Person with access to information regarding the Solicited Party; provided that the Solicited Party sends a copy of any such confidentiality agreement to the other Party promptly upon its execution and the other Party is provided with a list of the information provided to such Person and is promptly provided with access to the same information to which such Person was provided.
If the board of directors of the Solicited Party (other than the Reunion Gold Non- Participating Director or the GMIN Non-Participating Director, as applicable) determines that the Acquisition Proposal would thereby cease to be a Superior Proposal, it will promptly advise the Other Party and the Principal Parties shall amend this Agreement to reflect such offer by the Other Party, and shall take and cause to be taken all such actions as are necessary to give effect to the foregoing.
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.
In the event of a party’s violation or threatened violation of this Section, 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.
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.
Such notice shall indicate the identity of the Person making such proposal, inquiry, offer or request and include a copy of the Acquisition Proposal and such other material terms and conditions of the Acquisition Proposal known by the Solicited Party.
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.
A Solicited Party shall promptly notify the Other Party, at first orally and then in writing within 24 hours following the date it receives or becomes aware of an Acquisition Proposal or any inquiry, proposal or offer that relates to or that constitutes or could lead to an Acquisition Proposal (or any request for copies of, access to, or disclosure of, any non-public or confidential information relating to the Solicited Party), in each case in connection with a potential Acquisition Proposal.