Competition After Employment Termination. 7.1 Restrictions on the Executive’s Post-Employment Activities. The restrictions in this Article 7 have been negotiated, presented to and accepted by the Executive contemporaneous with the offer and acceptance by the Executive of this Agreement and the benefits promised in a Supplemental Executive Retirement Agreement signed or to be signed in 2010 by the Executive and the Corporation. The Employer’s decision to enter into this Agreement and the Supplemental Executive Retirement Agreement is conditioned upon the Executive’s agreement to be bound by the restrictions contained in this Article 7. This Article 7 shall be void if a Change in Control occurs before the Executive’s employment termination. For purposes of this Article 7 the term “Employer” includes not only the Corporation but also the Bank.
Appears in 6 contracts
Samples: Employment Agreement (CenterState Banks, Inc.), Employment Agreement (CenterState Banks, Inc.), Employment Agreement (CenterState Banks, Inc.)
