Business Protection. 15.1 During this Agreement, the Agency will not and will procure that its Affiliates will not directly or indirectly solicit, entice, induce or encourage (or endeavour to do so) any employee or worker of AIG or any Group Company to leave or seek to leave AIG or any Group Company, whether for the purpose of joining the Agency or for any other purpose and whether or not that employee / worker would be in breach of contract by doing so.
15.2 The Agency will not and will procure that its group companies will not during the term of this Agreement contact directly or indirectly any employee of AIG or any Group Company in connection with or in relation to another employment vacancy.
15.3 The Agency will not and will procure that its Affiliates will not directly or indirectly during the term of this Agreement and for a period of six months after its termination, solicit or endeavour to solicit away from AIG or any Group Company, any Placed Employee, or solicit or induce them to leave or seek to leave AIG or any Group Company whether for the purpose of joining the Agency or for any other purpose and whether or not that person would be in breach of contract by doing so.
15.4 For the purpose of this Clause 15, “Placed Employee” shall mean any employee or worker of AIG or any Group Company who at any time during the 12 month preceding such termination, had been placed with AIG or any Group Company by the Agency or any of its Affiliates.
Business Protection. (a) The Consultant agrees that he will not use for his benefit or disclose at any time any information that was obtained or developed by him while in the employment of, or as a consultant to, PFSL or the Bank with respect to any trade secrets, customers, suppliers, products, employees, financial, or other confidential matters pertaining to PFSL, the Bank, or any of their affiliates.
(b) The Consultant acknowledges and agrees that the Bank could not be made whole by monetary damages if he breaches this Consulting Agreement. It is accordingly agreed and understood that the Bank in addition to any other remedy which it may have at law or in equity, shall be entitled to an injunction or injunctions to prevent breaches of this Consulting Agreement and specifically to enforce it.
(c) Nothing herein shall limit the Consultant’s right to invest in the capital stock or other securities of any business dissimilar from that of the Bank, or solely as a passive or minority investor in any business.
Business Protection. Offeror acknowledges that Target intends to put in place deal-related cash retention and incentivisation arrangements (the total costs of which will not exceed the amount agreed between the parties prior to the date of this Agreement) for certain of the Target Group’s employees whose retention Target considers critical for the business. Such awards will be subject to prior consultation with the Offeror in relation to the categories of recipients and the proposed awards, with individual awards to be paid no earlier than four months following the Effective Date (other than in certain good leaver situations, e.g. redundancy or reduction in force). The Target will not make awards in excess of the budget agreed between the parties, without the consent of the Offeror. For the avoidance of doubt, such awards will be in addition to any bonus arrangements in paragraph 2 and any bonus entitlements under any CiC Agreement.
Business Protection. We are insurance intermediaries who offer products from a range of insurers based on a fair and personal analysis of the market for Life Assurance, Critical Illness Cover and Income Protection Insurance. Initial Service Size of Scheme Initial Fee Research, For schemes with up to 20 members £500 (exc. VAT) recommendation, and set up of a new For schemes with 21 to 100 members £750 (exc. VAT) scheme For schemes with over 100 members £1000 (exc. VAT) Our typical fee for the advice and implementation of a new Employee benefit scheme on behalf of your business and its employees is set out in the Initial Fee Scale table above and is payable upon completion. We may also receive commission from the insurance company, which will be disclosed to you.
Business Protection. PRI and Shinsung mutually acknowledge (1) the importance to PRI's business of the manufacture and supply of Products to PRI, and (ii) the need to protect Technology related to the Products and the manufacture thereof. Accordingly, the parties agree that during the term of this Agreement and for five (5) years thereafter, Shinsung will not, directly or indirectly, (i) participate in the development, manufacture, sale or provision of any goods or services in connection with factory automation systems for the manufacture of integrated circuit devices; or (ii) employ, attempt to employ or solicit the employment of, any employee of or consultant to PRI or otherwise induce or attempt to induce any employee of or consultant to PRI to leave the employ of PRI.
Business Protection. He agrees to abide by the terms of that certain Restrictive Covenant Agreement between Xxxxxxxx and the Company dated effective August 1, 2007 (the “Restrictive Covenant Agreement”), a copy of which is attached to and incorporated by reference into this Agreement as Exhibit A.
Business Protection. (a) The Company warrants that for a period of six months after the termination of this Agreement, the Company will not, without the prior written consent of HDAL, solicit, entice, or attempt to solicit or entice any HDAL Personnel who performed Services under this Agreement during the six months preceding the termination of this Agreement to leave their employment with HDAL to either:
(i) take up employment with the Company; or
(ii) provide services to the Company as an independent contractor (whether as an individual or through a company or partnership).
(b) The Company acknowledges that the restraint imposed by this clause is reasonable to protect the interests of HDAL.
Business Protection. During the term of this Agreement and for five (5) years thereafter, Shinsung shall not, directly or indirectly, (i) participate in the development, manufacture, sale or provision of any goods or services in connection with factory automation systems for the manufacture of integrated circuit devices; or (ii) employ, attempt to employ or solicit the employment of, any employee of or consultant to PRI or otherwise induce or attempt to induce any employee of or consultant to PRI to leave the employ of PRI.
Business Protection a. As used in this Section: “Business of the Company” means providing consumer financing to individuals through programs sponsored by retailers, distributors, manufacturers and others.
Business Protection. 4.2.1 Offeror acknowledges that Target intends to put in place cash retention arrangements with a budget of $15 million for certain of its employees. The determination of which employees shall be awarded any such arrangements, and the details and timings of such arrangements will be determined by Target and, so far as permitted by law, in consultation with Offeror. For the avoidance of doubt, such arrangements will be in addition to any ordinary course bonus arrangements.
4.2.2 For the purposes of paragraph 4.2.1 above and unless otherwise determined by Target (acting reasonably and in good faith and having consulted with the Offeror), retention awards will be made on the basis that they are (i) to the extent permitted by law conditional on appropriate waivers of claims arising after the date of the award; and (ii) conditional on the recipient agreeing to post-termination confidentiality undertakings for the benefit of the Combined Group, restrictions on competing with the part of the Combined Group in which the employee worked (provided always that the employee is paid base salary and such other amounts as are customary in the relevant jurisdiction in respect of the non-compete period) and restrictions on non-solicitation of employees and customers of the Combined Group, in each case on terms that are reasonable having regard to the relevant employee’s role, local market practice and any applicable restraint of trade laws.
