Common use of By Advisor Clause in Contracts

By Advisor. Until the third anniversary of the date of termination of this Agreement, the Advisor shall not hire or solicit to perform services (as an employee, consultant or otherwise) any employee of the Company or any subsidiary of the Company; provided, however, that (i) general solicitations of employment published in a journal, newspaper or other publication of general circulation or listed on any internet job site and not specifically directed towards such employees shall not be deemed to constitute solicitation for purposes of this Agreement and (ii) any hiring of any employee of the Company or any subsidiary of the Company will not be prohibited where such hiring is not the result of a solicitation by the Advisor or an Affiliate of the Advisor.

Appears in 4 contracts

Samples: Advisory Agreement (Institutional REIT, Inc.), Advisory Agreement (Cornerstone Growth & Income REIT, Inc.), Advisory Agreement (Institutional REIT, Inc.)

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