Common use of Customer Non-Solicitation Clause in Contracts

Customer Non-Solicitation. During the Non-Competition Period, the Employee shall not, and shall not permit any of his Affiliates to solicit, directly or indirectly, any person or entity which (i) is currently a customer or party to any insurance-related contract with the Company and/or its Affiliates, (ii) has been a customer or party to any insurance-related contract with the Company and/or its Affiliates during the two year period immediately preceding such solicitation or (iii) was solicited by the Company and/or its Affiliates during the two year period immediately preceding such solicitation, provided that in the case of (B)(i) above such solicitation diverted or attempted to divert the business of the Company and/or its Affiliates to another person or entity or in the case of (B)(ii) and (B)(iii) above, the business solicited is business in which the Company is currently engaged.

Appears in 5 contracts

Samples: Change in Control Agreement (Specialty Underwriters Alliance, Inc.), Change in Control Agreement (Specialty Underwriters Alliance, Inc.), Change in Control Agreement (Specialty Underwriters Alliance, Inc.)

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Customer Non-Solicitation. During the Non-Competition Period, the Employee Executive shall not, and shall not permit any of his Affiliates to solicit, directly or indirectly, any person or entity which (i) is currently a customer or party to any insurance-related contract with the Company and/or its Affiliates, (ii) has been a customer or party to any insurance-related contract with the Company and/or its Affiliates during the two year period immediately preceding such solicitation or (iii) was solicited by the Company and/or its Affiliates during the two year period immediately preceding such solicitation, provided that in the case of (B)(ib)(i) above such solicitation diverted or attempted to divert the business of the Company and/or its Affiliates to another person or entity or in the case of (B)(iib)(ii) and (B)(iiib)(iii) above, the business solicited is business in which the Company is currently engaged.

Appears in 3 contracts

Samples: Employment Agreement (Specialty Underwriters Alliance, Inc.), Employment Agreement (Specialty Underwriters Alliance, Inc.), Employment Agreement (Specialty Underwriters Alliance, Inc.)

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Customer Non-Solicitation. During the Non-Competition Period, the Employee Holder shall not, and shall not permit any of his Affiliates to solicit, directly or indirectly, any person or entity which (i) is currently a customer or party to any insurance-related contract with the Company and/or its Affiliates, (ii) has been a customer or party to any insurance-related contract with the Company and/or its Affiliates during the two year period immediately preceding such solicitation or (iii) was solicited by the Company and/or its Affiliates during the two year period immediately preceding such solicitation, provided that in the case of (B)(ib)(i) above such solicitation diverted or attempted to divert the business of the Company and/or its Affiliates to another person or entity or in the case of (B)(iib)(ii) and (B)(iiib)(iii) above, the business solicited is business in which the Company is currently engaged.

Appears in 1 contract

Samples: 2007 Stock Incentive Plan of Specialty (Specialty Underwriters Alliance, Inc.)

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