Agreement never to Compete and also to 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 https://approved-cash.com/payday-loans-mo/chaffee/ 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 provision in product (5) just isn’t meant to restrict the power of Will and Lanham to conduct company on the internet and such online business won’t be considered soliciting Purchasers clients so long as Will and Lanham aren’t straight soliciting clients (active or inactive) associated with the company such online business. Further, this agreement never to compete will likely not affect an Internet-based customer Finance company; Internet-based product product product product product sales; selling, renting or certification pc computer computer 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. Seeing or even for an organization that does business on a nationwide or multi-state foundation also though it might have shops within the Restricted region will never be a breach for this part 8.2.

As an inducement to getting into this contract, which Purchasers would otherwise never be happy 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 right 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 simply simply take work with Sellers, Seller Affiliates or virtually any individual or company entity; (2) compete, directly or indirectly, with Purchasers when you look at 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 obtain and run as much as three (3) store-based pawn organizations 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) work as an officer, manager, shareholder, partner, user, representative, associate or principal of every entity involved in the Restricted Business into the limited region 2.

As an inducement to getting into this contract, which Purchasers would otherwise never be ready to do, Roger Dechairo agrees that, he can perhaps perhaps maybe perhaps not (1) come right 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 simply just simply take work with Sellers, Seller Affiliates or just about any other individual or company entity; (2) compete, directly or indirectly, with Purchasers within the procedure of a Restricted Business owned, operated or handled by Purchasers within a seven and one-half (7.5) mile radius regarding the Location situated at 704 principal Street, Longmont, CO (limited Area 3); or (3) become an officer, manager, worker, shareholder, partner, user, representative, associate or principal of any entity involved with the Restricted Business into the Restricted region 3.

Notwithstanding any such thing to your contrary herein, Will and Lanham, the Restricted Parties and Roger Dechairo consent to (1) offer in a electronic structure as mutually agreed by the events all listings of clients (active and inactive) of this company within thirty (30) times after Purchasers convert the final Location to Purchasers point of purchase system and (2) not to utilize for just about any function, including solicitation, advertising or marketing, or retain a copy, whether difficult content or perhaps in a digital structure, of these listings of clients after supplying such listings to Purchasers. To cause Purchasers to come into this contract, Will and Lanham, the Restricted Parties and Roger Dechairo unconditionally represent and warrant to Purchasers and concur that the limitations into the foregoing conditions are reasonable and therefore such conditions are enforceable prior to their terms.

All events concur that the conditions for this Article VIII are reasonable and restricted as to time, range and geography.

Breach . In the eventuality of the breach by Will and Lanham, the Restricted Parties or Roger Dechairo of every associated with covenants found in this short article VIII, it really is recognized that damages are going to be tough to ascertain and Purchasers will undoubtedly be eligible to injunctive relief in addition to your other relief which Purchasers might have under legislation, this contract or just about any other contract in connection therewith. Associated with the delivering of any action for the enforcement for this Agreement, Purchasers is supposed to be eligible to recover, whether Purchasers look for equitable relief, and it doesn’t matter what relief is afforded, such attorneys that are reasonable and costs as Purchasers may incur in prosecution of Purchasers claim for almost any breach hereof. The presence of any cause or claim of action of Will and Lanham, the Restricted Parties or Roger Dechairo against Purchasers, whether centered on this contract or else, will likely not represent a protection to your enforcement by Purchasers of this covenants and agreements of Sellers and Seller Affiliates found in this informative article VIII. Each celebration that breaches the contract not to compete rather than to obtain conditions of area 8.2 agrees to indemnify and hold benign Purchasers of and from all losings, damages, expenses and costs arising away from or due to the breach.

Amendment . This contract can be amended, modified or supplemented just by a guitar in composing performed by the ongoing celebration against which enforcement of this amendment, modification or health health health health supplement is wanted.