Agreement never to Compete also to maybe maybe maybe Not Solicit.

The restricted Business) owned, operated or managed by Purchasers within a 25-mile radius of any such Restricted Business owned, operated or managed by Purchasers, including current and future locations owned, operated or managed by Purchasers and not limited to the locations being acquired pursuant to this Agreement (the Restricted Area); (3) act as an officer, director, employee, shareholder, partner, member, agent, associate or principal of any entity engaged in the Restricted Business in the Restricted Area; (4) enter into any agreement, including franchise agreements other than with existing Mister Money franchisees relating to their franchise agreements pertaining to their existing franchise territory, for or to participate in the ownership, management, operation or control of any Restricted Business within the Restricted Area; or (5) solicit customers known to be customers of the Business or Purchasers within the Restricted Area in the Restricted Business, including those known to be past or present customers of the Business as an inducement to entering into this Agreement, which Purchasers would otherwise not be willing to do, R. Douglas Will, Timothy S. Lanham, K. Colette Sawyer, M. Christine Will, Wendell G. Lanham, R. Tedrow Will, Kathryn I. Will, and MMI (collectively Will and Lanham) agree that, they will not (1) enter into any agreement with or indirectly solicit employees or representatives of Purchasers for the purpose of causing them to leave Purchasers to take employment with Sellers, Seller Affiliates or any other person or business entity; (2) compete, directly or indirectly, with Purchasers in the operation of a store-based pawn or Consumer Finance Business ( collectively. The supply in product (5) just isn’t meant to restrict the capability of Will and Lanham to conduct company on the internet and such web business won’t be considered soliciting Purchasers clients so long as Will and Lanham aren’t straight soliciting clients (active or inactive) of this company such online business. Further, this contract not to compete will not connect with an Internet-based customer Finance company; Internet-based product product product product sales; selling, renting or certification pc computer pc software developed for pawn and pay day loan operations; consulting to pawn and customer Finance Businesses found no better than 25-miles from any one of the stores. Talking to or even for an organization that does business for a nationwide or multi-state foundation also though it might have shops within the Restricted region will never be a breach with this part 8.2.

Being an inducement to getting into this contract, which Purchasers would otherwise never be ready to do, Joshua A. Lanham, Katie Lanham, R. Patrick Will, R. Matthew Will, Jamie B. Will, Ryan Sarmast, Jessica P. Sarmast, Benjamin Zander, and Stacey M. Zander (collectively the limited events) concur that, they’re not going to (1) come into any contract with or indirectly get employees or representatives of Purchasers for the true purpose of causing them to go out of Purchasers to just just just take work with Sellers, Seller Affiliates or other individual or company entity; (2) compete, directly or indirectly, with Purchasers within the procedure of the Restricted Business owned, operated or handled by Purchasers inside a 25-mile radius associated with the stores. Notwithstanding any conditions to your contrary, the Restricted Parties may collectively acquire and run as much as three (3) store-based pawn companies because of the geographical limitation of these shops being five (5) kilometers as opposed to the 25 kilometers since set forth in Section 8.2(a) (limited Area 2); or (3) become an officer, manager, shareholder, partner, user, representative, associate or principal of any entity involved in the Restricted Business into the limited region 2.

As an inducement to stepping into this contract, which Purchasers would otherwise never be happy to do, Roger Dechairo agrees that, he can perhaps perhaps not (1) come right into any contract with or indirectly obtain employees or representatives of Purchasers for the true purpose of causing them to go out of Purchasers to just take work with Sellers, Seller Affiliates or every other individual or business entity; (2) compete, directly or indirectly, with Purchasers within the procedure of the Restricted Business owned, operated or handled by Purchasers inside a seven and one-half (7.5) mile radius associated with the Location found at 704 principal Street, Longmont, CO (limited Area 3); or (3) behave as an officer, manager, worker, shareholder, partner, user, representative, associate or principal of every entity involved with the Restricted Business into the Restricted region 3.

Notwithstanding such a thing towards the contrary herein, Will and Lanham, the Restricted Parties and Roger Dechairo consent to (1) offer in a format that is electronic mutually agreed by the events all lists of clients (active and inactive) for the company within thirty (30) times after Purchasers convert the final Location to Purchasers point of purchase system and (2) never to make use of for just about any function, including solicitation, advertising or marketing, or retain a copy, whether difficult content or in an electric structure, of these listings of clients after supplying such listings to Purchasers. The Restricted Parties and Roger Dechairo unconditionally represent and warrant to Purchasers and agree that the restrictions in the foregoing provisions are reasonable and that such provisions are enforceable in accordance with their terms to induce Purchasers to enter into this Agreement, Will and Lanham.

All events agree totally that the conditions for this Article VIII are reasonable and limited as to time, range and geography.

Breach . The Restricted Parties or Roger Dechairo of any of the covenants contained in this Article VIII, it is understood that damages will be difficult to ascertain and Purchasers will be entitled to injunctive relief in addition to any other relief which Purchasers may have under law, this Agreement or any other agreement in connection therewith in the event of the breach by Will and Lanham. Associated with the delivering of every action for the enforcement for this Agreement, Purchasers would be eligible to recover, whether Purchasers look for equitable relief, and it doesn’t matter what relief is afforded, such reasonable lawyers costs and costs as Purchasers may incur in prosecution of Purchasers claim for almost any breach hereof. The presence of any claim or cause of action of Will and Lanham, the Restricted Parties or Roger Dechairo against Purchasers, whether based on this contract or perhaps, will likely not represent a protection towards the enforcement by Purchasers associated with covenants and agreements of Sellers and Seller Affiliates found in this informative article VIII. Each https://approved-cash.com/payday-loans-ia/muscatine/ party that breaches the contract not to compete and never to get conditions of part 8.2 agrees to indemnify and hold benign Purchasers of and from all losings, damages, expenses and costs arising away from or owing to the breach.

Amendment . This contract might be amended, modified or supplemented only by a guitar in composing performed because of the celebration against which enforcement associated with amendment, modification or health health supplement is looked for.