Common use of Business Relation Defined Clause in Contracts

Business Relation Defined. For purposes of this Agreement, the term “Business Relation” means any Person who, at any time during the Employee’s employment with the Company, was a Person (i) that is or was a customer of the Company or the Bank, (ii) that had entered into any contract or other arrangement with the Company or the Bank for the provision of services or the sale of products, (iii) to whom the Company or the Bank had furnished or planned to furnish a proposal for the performance of services or the sale of products, or (iv) with whom the Company or the Bank entered or agreed to enter into any other business relationship such as a joint venture, collaborative agreement, joint development agreement, teaming arrangement or agreement, or similar arrangement or understanding for the provision of services or sale of products.

Business Relation Defined. For purposes of this Agreement, the term “Business Relation” means any Person who, at any time during the Employee’s employment with the CompanyBank, was a Person (i) that is or was a customer of the Company or the Bank, (ii) that had entered into any contract or other arrangement with the Company or the Bank for the provision of services or the sale of products, (iii) to whom the Company or the Bank had furnished or planned to furnish a proposal for the performance of services or the sale of products, or (iv) with whom the Company or the Bank entered or agreed to enter into any other business relationship such as a joint venture, collaborative agreement, joint development agreement, teaming arrangement or agreement, or similar arrangement or understanding for the provision of services or sale of products.