Non-Competition Agreement 不竞争协议-
THIS AGREEMENT (this Agreement ) is made and entered into as of,,(M,D,Y) , by and betwts subsidiaries that is not readily available to the public; and that the Company will suffer substantial and irreparable harm in the event Shareholder should enter into competition with, or give material assistance of any kind to any third party that is in or proposes to enter into competition with, the Company or any of its subsidiaries, or in the event Shareholder should disclose any of the proprietary or confidential information or affairs of the Company or
any of its subsidiaries to any third party.
Accordingly, and as a substantial and material inducement to the Company and Acquisition Subsidiary to enter into and perform their respective obligations under the Merger Agreement, Shareholder has agreed to enter into and perform his obligations under this Agreement, it being understood that the Company and Acquisition Subsidiary would not have entered into or performed their respective obligations under the Merger Agreement unless Shareholder entered into and agreed to perform his obligations under this Agreement.
NOW, THEREFORE, in consideration of the foregoing premises and for good, valuable and substantial consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
Non-Competition and Non-Solicitation.
Definitions. For purposes hereof, the following terms shall have the meanings set forth below:
Business shall mean any business, or aspect or segment thereof, in which the Company or any of its subsidiaries (including DDD) is engaged as of the date hereof, including, but not limited to (i) the manufacturing and marketing of recreational vehicles (including, but not limited to, motorized vehicles, towables, travel trailers, fifth wheel vehicles, Class A vehicles, Class C vehicles, campers, park models and cargo trailers) and (ii) the manufacturing and marketing of buses (including, but
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