Common use of No Solicitation or Hiring of Former Employees Clause in Contracts

No Solicitation or Hiring of Former Employees. Except as provided by law, for a period of three (3) years after the Closing Date, neither the Stockholder nor any Affiliate thereof shall (a) solicit any person who was an employee of either the Company or any of the Subsidiaries on the date hereof or the Closing Date to terminate his employment with the Buyer (or the Company or any of the Subsidiaries, as the case may be) or to become an employee of the Stockholder or such Affiliate, or (b) hire any person who was such an employee on the date hereof or on the Closing Date.

Appears in 1 contract

Samples: Tender Agreement (Parexel International Corp)

AutoNDA by SimpleDocs

No Solicitation or Hiring of Former Employees. Except as provided by law, for For a period of three (3) two years after the Closing Date, neither the Stockholder nor any Affiliate thereof shall (a) solicit (except for advertisements in publications of general circulation) any person who was an employee of either the Company or any of the Subsidiaries on the date hereof or the Closing Date to terminate his employment with the Buyer (or the Company or any of the SubsidiariesCompany, as the case may be) or to become an employee of the Stockholder or such Affiliateany Affiliate thereof, or (b) hire any person who was such an employee on the date hereof or on the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Open Market Inc)

No Solicitation or Hiring of Former Employees. Except as provided by law, for a period of three (3) 2 years after the Closing Date, neither the no Stockholder nor any Affiliate thereof shall (a) solicit any person who was an employee of either the Company or any of the Subsidiaries on the date hereof or the Closing Date to terminate his employment with the Buyer (or the Company or any of the Subsidiaries, as the case may be) or to become an employee of the such Stockholder or such Affiliate, or (b) hire any person who was such an employee on the date hereof or on the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Breed Technologies Inc)

No Solicitation or Hiring of Former Employees. Except as provided by law, for a period of three (3) two years after the Closing Date, neither the no Stockholder nor any Affiliate thereof shall (a) solicit any person who was an employee of either the Company or any of the Subsidiaries on the date hereof or the Closing Date to terminate his employment with the Buyer (or the Company or any of the Subsidiaries, as the case may be) or to become an employee of the such Stockholder or such Affiliate, or (b) hire any person who was such an employee on the date hereof or on the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nashua Corp)

AutoNDA by SimpleDocs

No Solicitation or Hiring of Former Employees. Except as provided by law, for a period of three (3) years one year after the Closing Date, neither the Stockholder nor any Affiliate thereof Stockholders shall not (a) solicit any person who was an employee of either the Company or any of the Subsidiaries on the date hereof or the Closing Date to terminate his employment with the Buyer (or the Company or any of the SubsidiariesCompany, as the case may be) or to become an employee of any of the Stockholder Stockholders or such Affiliateany affiliate of the Stockholders, or (b) hire any person who was such an employee on the date hereof or on the Closing Date.

Appears in 1 contract

Samples: Stock Acquisition Agreement (Skymall Inc)

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