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RICK » Topics » 1. Covenants. From and after the date of this Non-Competition Agreement through and including the five (5) year period immediately following the date of this Non-Competition Agreement (such five (5) year period, the “Restricted Period”), Corne

This excerpt taken from the RICK 8-K filed Apr 21, 2008.
1.             Covenants.  From and after the date of this Non-Competition Agreement through and including the five (5) year period immediately following the date of this Non-Competition Agreement (such five (5) year period, the “Restricted Period”), Cornetta shall not compete with  Rick’s or any of Rick’s subsidiaries or affiliates, including, but not limited to, RCI Media, and shall not either individually or jointly, directly or indirectly, whether for compensation or not, alone or in association with any other person or entity, without the express written consent of Rick’s:

 
 
 

 
(a)
Own or share in the earnings of, carry on, manage, operate, control, be engaged in, render services to, solicit customers for, participate in or otherwise be connected with, any business engaged in the operation publishing any sexually oriented industry trade print publications, with the exception of a publication known as “Xcitement” which is currently owned and operated by Cornetta; or
 
 
(b)
Solicit or induce, or attempt to solicit or induce, any employee, independent contractor, or agent or consultant of Rick’s or RCI Media to leave his or her employment or terminate his or her agreement or relationship with Rick’s or the RCI Media.
 
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