Common use of No Hiring of Employees Clause in Contracts

No Hiring of Employees. Neither Party shall, during the Term of this Agreement and for a period of one (1) year after the termination thereof, without the written consent of the other Party (a) hire or employ any employee or other person associated with the other Party on behalf of any individual, corporation or other entity; or (b) induce or attempt to induce any employee or other person associated with either Party to leave the employ of or cease doing business with the other Party. If Centre agrees in its sole discretion to let Customer contract or hire an existing employee of Centre or other person associated with Centre, Customer agrees to pay Centre a finder’s fee upon the date of such hire equal to such employee’s annual salary and bonus compensation for the previous six (6) month period.

No Hiring of Employees. Neither Party shall, during the Term of this Agreement and for a period of one (1) year years after the termination thereof, without the written consent of the other Party (a) hire or employ any employee or other person associated with the other Party on behalf of any individual, corporation or other entity; or (b) induce or attempt to induce any employee or other person associated with either Party to leave the employ of or cease doing business with the other Party. If Centre agrees in its sole discretion to let Customer contract or hire an existing employee of Centre or other person associated with Centre, Customer agrees to pay Centre a finder’s fee upon the date of such hire equal to such employee’s annual salary and bonus compensation for the previous six (6) month period.