Common use of Anti-Piracy Restriction Clause in Contracts

Anti-Piracy Restriction. At all times during employment with the Corporation, and for twelve (12) months immediately after the Date of Termination (regardless of the circumstances), Executive shall refrain from inducing, soliciting or encouraging a Key Employee of the Corporation, the Bank or their Affiliates to quit employment with the intent, hope or purpose of having the Key Employee join a Competing Financial Services Organization in a similar capacity, if that competitive organization has customer service facilities located within a twenty-five (25) mile radius of any of the Corporation’s facilities. As used in this Section 16, “Key Employee” means anyone who holds a position of Vice President or higher with the Corporation, the Bank or their Affiliates or any individuals who have reported to, or worked directly with, the Executive within the last six (6) months of Executive’s employment with the Corporation.

Anti-Piracy Restriction. At all times during employment with the Corporation, Corporation and for twelve (12) months immediately after the Date of Termination (regardless of the circumstances)Employee’s employment ends, Executive Employee shall refrain from inducingtaking any action to induce, soliciting solicit or encouraging encourage a Key Employee of the Corporation, the Bank or their Affiliates Corporation to quit employment with the Corporation with the intent, hope or purpose of having the Key Employee join a Competing Financial Services Organization (defined below) in a similar capacity, if that competitive organization has customer service facilities located within a twenty-five (25) mile radius of any of the Corporation’s facilities. As used in this Section 16Section, “Key Employee” means anyone who holds a position of Vice President or higher with the Corporation, the Bank or their Affiliates Corporation or any individuals who have reported to, or worked directly with, the Executive within the last six (6) months of Executive’s employment with the Corporationits subsidiaries.

Anti-Piracy Restriction. At all times during employment with the Corporation, Bank and for twelve (12) months immediately after the Date of Termination (regardless of the circumstances)Employee’s employment ends, Executive Employee shall refrain from inducingtaking any action to induce, soliciting solicit or encouraging encourage a Key Employee of the Corporation, the Bank or their Affiliates to quit employment with the Bank with the intent, hope or purpose of having the Key Employee join a Competing Financial Services Organization (defined below) in a similar capacity, if that competitive organization has customer service facilities located within a twenty-five (25) mile radius of any of the CorporationBank’s facilities. As used in this Section 16Section, “Key Employee” means anyone who holds a position of Vice President or higher with the Corporation, the Bank or their Affiliates or any individuals who have reported to, or worked directly with, the Executive within the last six (6) months of Executive’s employment with the Corporationits subsidiaries.