Common use of Non-Piracy Clause in Contracts

Non-Piracy. In exchange for the benefits promised in this Agreement and other valuable consideration, Employee agrees that for a period of twelve (12) months after Employee’s employment ceases for any reason, Employee will not, directly or indirectly, solicit, divert from the Bank or Old Point or do business with any “Customer” of the Bank with whom Employee had “Material Contact” during the last twelve (12) months of Employee’s employment or about whom Employee obtained information while acting within the scope of his or her employment during the last twelve (12) months of employment, if the purpose of such solicitation, diversion or transaction is to provide products or services that are the same as or substantially similar to those offered by the Bank at the time Employee’s employment ceases. “Material Contact” means that Employee personally communicated with the Customer, either orally or in writing, for the purpose of providing, offering to provide or assisting in providing products or services of the Bank. “Customer” means any person or entity with whom the Bank had a depository or other contractual relationship, pursuant to which the Bank provided products or services during the last twelve (12) months of Employee’s employment.

Non-Piracy. In exchange for the benefits promised in this Agreement and other valuable consideration, Employee agrees that for a period of twelve (12) months after Employee’s employment ceases for any reason, Employee will not, directly or indirectly, solicit, divert from the Bank or Old Point or do transact business with any “Customer” of the Bank with whom Employee had “Material Contact” during the last twelve (12) months of Employee’s employment or about whom Employee obtained non-public information while acting within the scope of his or her Employee’s employment during the last twelve (12) months of employment, if the purpose of such solicitation, diversion or transaction is to provide products or services that are the same as or substantially similar to to, and competitive with, those offered by the Bank at the time Employee’s employment ceases. “Material Contact” means that Employee personally communicated with the Customer, either orally or in writing, for the purpose of providing, offering to provide or assisting in providing products or services of the Bank. “Customer” means any person or entity with whom the Bank had a depository or other contractual relationship, pursuant to which the Bank provided products or services during the last twelve (12) months of Employee’s employment.

Non-Piracy. In exchange for the benefits promised in this Agreement and other valuable consideration, Employee Executive agrees that for a period of twelve eighteen (1218) months after Employee’s Executive's employment ceases ceases, for any reason, Employee including the expiration or nonrenewal of the Agreement at the end of the Term, Executive will not, directly or indirectly, solicit, divert from the Bank or Old Point or do business with any “"Customer” " of the Bank with whom Employee Executive had “"Material Contact” " during the last twelve (12) months of Employee’s Executive's employment or about whom Employee Executive obtained non-public information while acting within the scope of his or her employment during the last twelve (12) months of employment, if the purpose of such solicitation, diversion or transaction is to provide products or services that are the same as or substantially similar to those offered by the Bank at the time Employee’s Executive's employment ceases. “"Material Contact” " means that Employee Executive personally communicated with the Customer, either orally or in writing, for the purpose of providing, offering to provide or assisting in providing products or services of the Bank. “"Customer” " means any person or entity with whom the Bank had a depository or other contractual relationship, pursuant to which the Bank provided products or services during the last twelve (12) months of Employee’s Executive's employment.

Non-Piracy. In exchange for the benefits promised in this Agreement and other valuable consideration, Employee Executive agrees that for a period of twelve twenty-four (1224) months after Employee’s Executive's employment ceases ceases, for any reason, Employee including the expiration or nonrenewal of the Agreement at the end of the Term, Executive will not, directly or indirectly, solicit, divert from the Bank or Old Point or do business with any “"Customer” " of the Bank with whom Employee Executive had “"Material Contact” " during the last twelve (12) months of Employee’s Executive's employment or about whom Employee Executive obtained non-public information while acting within the scope of his or her employment during the last twelve (12) months of employment, if the purpose of such solicitation, diversion or transaction is to provide products or services that are the same as or substantially similar to those offered by the Bank at the time Employee’s Executive's employment ceases. “"Material Contact” " means that Employee Executive personally communicated with the Customer, either orally or in writing, for the purpose of providing, offering to provide or assisting in providing products or services of the Bank. “"Customer” " means any person or entity with whom the Bank had a depository or other contractual relationship, pursuant to which the Bank provided products or services during the last twelve (12) months of Employee’s Executive's employment.

Non-Piracy. In exchange for the benefits promised in this Agreement and other valuable consideration, Employee agrees that for a period of twelve (12) months after Employee’s employment ceases for any reason, Employee will not, directly or indirectly, solicit, divert from the Bank or Old Point Point, or do business with any “Customer” of the Bank with whom Employee had “Material Contact” during the last twelve (12) months of Employee’s employment or about whom Employee obtained non-public information while acting within the scope of his or her employment during the last twelve (12) months of employment, if the purpose of such solicitation, diversion or transaction is to provide products or services that are the same as or substantially similar to those offered by the Bank at the time Employee’s employment ceases. “Material Contact” means that Employee personally communicated with the Customer, either orally or in writing, for the purpose of providing, offering to provide or assisting in providing products or services of the Bank. “Customer” means any person or entity with whom the Bank had a depository or other contractual relationship, pursuant to which the Bank provided products or services during the last twelve (12) months of Employee’s employment.

Non-Piracy. In exchange for the benefits promised in this Agreement and other valuable consideration, Employee Executive agrees that for a period of twelve twenty-four (1224) months after Employee’s Executive's employment ceases ceases, for any reason, Employee including the expiration or nonrenewal of the Agreement at the end of the Term, Executive will not, directly or indirectly, solicit, divert from the Bank or Old Point Trust Company or do business with any “"Customer” " of the Bank Trust Company with whom Employee Executive had “"Material Contact” " during the last twelve (12) months of Employee’s Executive's employment or about whom Employee Executive obtained non-public information while acting within the scope of his or her employment during the last twelve (12) months of employment, if the purpose of such solicitation, diversion or transaction is to provide products or services that are the same as or substantially similar to those offered by the Bank Trust Company at the time Employee’s Executive's employment ceases. “"Material Contact” " means that Employee Executive personally communicated with the Customer, either orally or in writing, for the purpose of providing, offering to provide or assisting in providing products or services of the Bank. “Trust Company "Customer” " means any person or entity with whom the Bank Trust Company had a depository or other contractual relationship, pursuant to which the Bank Trust Company provided products or services during the last twelve (12) months of Employee’s Executive's employment.