Common use of No Recruitment of Personnel Clause in Contracts

No Recruitment of Personnel. During the Executive’s employment with the Employer and for a period of 12 months following termination of the Executive’s employment pursuant to clause (iv) or (vi) of Section 4(a) or by the Employer without cause within a 12-month period following a Change of Control, the Executive shall not, either directly or indirectly, on the Executive’s own behalf, or in the service of or on behalf of others: (A) solicit, divert, or hire away; or (B) attempt to solicit, divert or hire away, to any Competing Business located in the Territory, any employee or consultant to the Employer, engaged or experienced in the Business, regardless of whether: (i) the employee or consultant is full-time or temporary; (ii) the employment or engagement is pursuant to written agreement; or (iii) the employment is for a determined period or is at will.

Appears in 3 contracts

Samples: Employment Agreement (Allied Bancshares Inc), Employment Agreement (Allied Bancshares Inc), Employment Agreement (Allied Bancshares Inc)

AutoNDA by SimpleDocs

No Recruitment of Personnel. During the Executive’s 's employment with the Employer and after termination of the Executive's employment, so long as he is receiving compensation from the Employer, or for a period of 12 months following termination of the Executive’s employment pursuant to clause (iv) or (vi) of Section 4(a) or by the Employer without cause within a 12-month 's employment, whichever period following a Change of Controlis longer, the Executive shall not, either directly or indirectly, on the Executive’s 's own behalf, or in the service of or on behalf of others: (A) solicit, divert, or hire away; or (B) attempt to solicit, divert or hire away, to any Competing Business located in the Territory, any employee of or consultant to the Employer, engaged or experienced in the Business, regardless of whether: (i) the employee or consultant is full-time or temporary; (ii) the employment or engagement is pursuant to written agreement; or (iii) the employment is for a determined period or is at will.

Appears in 2 contracts

Samples: Employment Agreement (Mountain Bancshares Inc), Employment Agreement (Mountain Bancshares Inc)

AutoNDA by SimpleDocs

No Recruitment of Personnel. During the Executive’s 's employment with the Employer Bank and after termination of the Executive's employment so long as he is receiving compensation from the Bank, or for a period of 12 twelve (12) months following termination of the Executive’s 's employment pursuant to clause (iv) or (vi) of Section 4(a) or by the Employer without cause within a 12-month period following a Change of Control), the Executive shall not, either directly or indirectly, on the Executive’s 's own behalf, behalf or in the service of or on behalf of others: , (A) solicit, divert, or hire away; , or (B) attempt to solicit, divert or hire away, to any Competing Business located in the Territory, any employee of or consultant to the Employer, Bank engaged or experienced in the Business, regardless of whether: (i) whether the employee or consultant is full-time or temporary; (ii) , the employment or engagement is pursuant to written agreement; agreement or (iii) the employment is for a determined period or is at will.

Appears in 1 contract

Samples: Employment Agreement (Alliance Bancshares Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.