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RICK » Topics » Covenant of Non-Solicitation and Employment of Employees and Independent Contractors

These excerpts taken from the RICK 8-K filed Sep 8, 2008.
Covenant of Non-Solicitation and Employment of Employees and Independent Contractors.  During the Term hereof, Lovaas agrees not to solicit or induce or attempt to solicit or induce any employee, independent contractor, or agent or consultant of Buyer, Rick’s or SCORES or any entity which is affiliated with the Buyer, Rick’s or SCORES to leave his or her employment or terminate his or her agreement or relationship or independent contractor relationship with the Buyer, Rick’s or SCORES or any entity which is affiliated with any of them.

 
Non-Competition Agreement - Page 2
 

5.           
Covenant of Non-Solicitation and Employment of Employees and Independent Contractors.  During the Term hereof and within Clark County, Nevada and a radius of 25 miles of Clark County, Nevada, DeGori agrees not to solicit or induce or attempt to solicit or induce any employee, independent contractor, or agent or consultant of Buyer, or SCORES to leave his or her employment or terminate his or her agreement or relationship or independent contractor relationship with the Buyer or SCORES.  The Parties acknowledge that some SCORES employees, independent contractors, agents and/or consultants have long-standing relationships with DeGori and that it is conceivable, although currently not contemplated by or known to DeGori, that such persons may contact DeGori seeking employment.  In such an event, and expressly provided that DeGori does not initiate contact with such a person, it is not a breach of this Agreement for such employees to be hired at Penthouse Club and Bada Bing Club, provided however, if DeGori is contacted by an existing employee of SCORES or Buyer for employment then he shall not encourage, induce or take and steps or actions to cause such person to be employed and will notify the Buyer immediately upon such contact.

5.           

EXCERPTS ON THIS PAGE:

8-K (2 sections)
Sep 8, 2008

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