Common use of No Raid Clause in Contracts

No Raid. The Executive agrees that, in the event the Executive's employment with the Company is terminated for any reason whatsoever and as a result of such termination the Executive is entitled to receive compensation, benefits or payments hereunder or under the Company's then existing severance policies that, in the aggregate, equal or exceed 100% of the Executive's base annual salary at the time of termination plus the amount of any discretionary bonuses paid by the Company to the Executive within the 12 months immediately preceding the termination, the Executive shall not, for a period of one year (or such lesser period as may be determined by the President and disclosed to the Executive in writing) after the effective date of the Executive's termination, solicit, actively interfere with the Company's or any Company affiliate's relationship with, or attempt to divert or entice away, any officer of the Company or its affiliates.

No Raid. The Executive agrees that, in the event the Executive's employment with the Company is terminated for any reason whatsoever and as a result of such termination the Executive is entitled to receive compensation, benefits or payments hereunder or under the Company's then existing severance policies that, in the aggregate, equal or exceed 100% of the Executive's base annual salary at the time of termination plus the amount of any discretionary bonuses paid by the Company to the Executive within the 12 months immediately preceding the termination, the Executive shall not, for a period of one year (or such lesser period as may be determined by the President Board and disclosed to the Executive in writing) after the effective date of the Executive's termination, solicit, actively interfere with the Company's or any Company affiliate's relationship with, or attempt to divert or entice away, any officer of the Company or its affiliates.