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(or such lesser period hereinafter provided for) following the date hereof (the
"Restricted Period"), he shall not, without the prior express written consent
of the Acquiror:
(i) except with respect to the Permitted Hotels
(as defined below), call upon, solicit, divert, take away or attempt
to call upon, solicit, divert or take away any existing or potential
customers, suppliers or accounts of the Acquiror Companies, the
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Target Company or the Related Entities or their respective businesses
in connection with any business substantially similar to the Business;
(ii) hire or attempt to hire, for himself or on
behalf of any other person, any present or future employee of the
Acquiror Companies, the Target Company or any Related Entity; or
(iii) own, lease, maintain, operate, franchise,
license, manage, invest in or provide financing for, or give any
advice to any person, firm, partnership, association, venture,
corporation or other entity owning an interest in or engaging,
directly or indirectly, in the management or operation of, (A) any
Hilton Garden, Courtyard by Marriott or Doubletree Club hotel wherever
located or (B) any other Upscale Hotel (as defined below) or Extended
Stay Hotel (as defined below) located in the United States, Canada,
Mexico or the Caribbean within a ten (10)-mile radius of any hotel now
or hereafter operated under the "Wyndham," "ClubHouse," or "Homegate"
brand, except for any such activity conducted for or on behalf of, or
in conjunction with, any of the Acquiror Companies or, in the case of
clause (B), Permitted Hotels (as defined below); provided, that if a
hotel operated under the "Wyndham," "ClubHouse," or "Homegate" brand
is announced for a location that is within a ten (10)-mile radius of
any hotel that prior to the date of such announcement was in operation
and is owned, managed or operated by any such entity in which Samples
has also prior to such date commenced involvement of a type that would
otherwise be restricted by clause (B), then this clause (iii) shall
not require Samples to cease such involvement; or
(iv) enter into any contract or make any
commitment to take any action that is restricted by clauses (i), (ii)
or (iii) above.
(d) As used in the foregoing provisions, (i) the term
"Upscale Hotel" shall mean any hotel or other lodging facility that is a full
service hotel or facility of a type that is treated or classified as an
"upscale hotel" or as part of the "upscale segment" of the lodging industry by
Smith Travel Research or, if such a classification is not available from Smith
Travel Research, by a similar reputable hotel industry service; (ii) the term
"Extended Stay Hotel" shall mean any hotel or other lodging facility that
derives the majority of its business from guests who stay three consecutive
nights or longer or that is of a type that is treated or classified as an
"extended stay hotel" or as part of the "extended stay segment" of the lodging
industry by Smith Travel Research or, if such a classification is not available
from Smith Travel Research, by a similar reputable hotel industry service and
(iii) "Permitted Hotels" shall mean, collectively, (A) the hotel in Wichita,
Kansas operated as of the date hereof as the Wichita Airport Hilton and (B) the
hotel in Peoria, Illinois operated as of the date hereof as the Pere Marquette,
(C) any upscale all-suites hotel located or to be located adjacent to the
Sprint campus in Overland Park, Kansas, (D) the Holiday Inn in Topeka, Kansas,
so long as managed under a management contract by
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Samples or any entity controlled by Samples; (E) if so provided by Section 2(e)
below, any three (3) other hotels that, at the time that Samples owns, leases,
operates, franchises, licenses, manages, invests in or gives advice in respect
of such hotels, have been open and in operation for at least one (1) years,
provided that this clause (E) and the similar provision of the Non-Competition
and Non-Disclosure Agreement of David H. Aull of even date herewith shall
collectively not authorize more than a total of three hotels; (F) the Broadway
Plaza Suites in Kansas City, Missouri and (G) any Extended Stay Hotel at a
specified site if (x) Samples has offered in writing to Acquiror or its
designee to develop for Acquiror or such designee an Extended Stay Hotel at
such site as a Homegate brand (or other extended stay brand maintained by
Acquiror, Target Company or their respective affiliates) Extended Stay Hotel in
accordance with the procedure set forth below and (y) Acquiror or its designee
has either advised Samples that it does not wish to have an Extended Stay Hotel
developed at such site as a Homegate (or other extended stay brand maintained
by Acquiror, Target Company or their respective affiliates) or failed to
respond within the time period set forth below.
In the case of clause (G)
above, Samples' offer shall include a reasonably detailed proposal for the
development of the site as an Extended Stay Hotel.
Acquiror or its designee
shall be given at least thirty (30) days to evaluate such offer and respond to
Samples.
If Acquiror or its designee fails to respond within such thirty (30)
day period or advises Samples that it does not wish to have an Extended Stay
Hotel developed at such site as a Homegate (or other extended stay brand
maintained by Acquiror, Target Company or their respective affiliates), Samples
may develop an Extended Stay Hotel on such site with another party if
construction of such Extended Stay Hotel is commenced within 180 days