Non-Interference Covenant. Optionee covenants and agrees that, for a period of one year subsequent to the termination, for whatever reason, of his employment with the Company, that Optionee shall not recruit, hire or attempt to recruit or hire, directly or by assisting others, any other employees of the Company, nor shall Optionee contact or communicate with any other employees of the Company for the purpose of inducing other employees to terminate their employment with the Company. For purposes of this covenant, "other employees" means employees who are actively employed by the Company at the time of the attempted recruiting or hiring.
Appears in 3 contracts
Samples: Alliance Stock Option Agreement (Englobal Corp), Alliance Stock Option Agreement (Englobal Corp), 1998 Incentive Plan Incentive Stock Option Award Agreement (Englobal Corp)
Non-Interference Covenant. Optionee covenants and agrees that, for a period of one year subsequent to 12 months following cessation of service with the terminationCompany, for whatever reason, of his employment with the Company, that Optionee shall not recruit, hire or attempt to recruit or hire, directly or by assisting others, any other employees of the Company, nor shall Optionee contact or communicate with any other employees of the Company for the purpose of inducing other employees to terminate their employment with the Company. For purposes of this covenant, "βother employees" β means employees who are actively employed by the Company at the time of the attempted recruiting or hiring.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Egl Inc), Nonqualified Stock Option Agreement (Egl Inc)
