Common use of No Restriction on Employment Clause in Contracts

No Restriction on Employment. Executive represents and warrants that Executive is subject to no restriction that would restrict or prohibit Executive from providing services generally to clients and customers of the Company, MB or their affiliates, and that to the extent Executive is are subject to restrictions on Executive’s activities, as a result of prior employment with any other firm or otherwise, Executive shall adhere in all respects to such restrictions for as long as they exist. Executive hereby agrees to indemnify and hold the Company and MB and their affiliates harmless from all costs and expenses it may incur, including damages and attorneys fees, arising out of any breach of the foregoing.

Appears in 4 contracts

Samples: Membership Interest Purchase Agreement (Manhattan Bancorp), Employment Agreement (Manhattan Bancorp), Employment Agreement (Manhattan Bancorp)

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