Common use of Non-Piracy Clause in Contracts

Non-Piracy. Employee and Company recognize that there may be accounts that desire, with or without solicitation by Employee, to follow an Employee with their business if Employee leaves Company and such accounts are free to select their vendors. Employee agrees that it would be unfair between Company and Employee not to compensate Company and Affiliates when such an even occurs. Accordingly, Employee agrees that during a thirty-six (36) month period following termination of employment, if an account Employee is otherwise not permitted to solicit pursuant to the provisions of this Agreement nevertheless places business with Employee, either directly or with an entity which Employee is affiliated or employed, said account shall automatically be subject to the terms of Paragraph 14 hereunder and subject to the provisions therein. The provisions of this Paragraph 13 are not intended to be liquidated damages in the event of a breach by Employee of this Agreement, nor are they meant to restrain Employee from engaging in any lawful professions, trades or business of any kind. Company’s remedies for any breach of the Agreement shall be unaffected by the provisions of this paragraph specifically including any injunctive or other equitable remedies Company and Affiliates may have.