Common use of Non-Raiding of Employees Clause in Contracts

Non-Raiding of Employees. Executive recognizes that the workforce of the Company and Company Affiliates are a vital part of the Company’s business. Therefore, Executive agrees that while employed by the Company and for twelve (12) months following the Termination Date, Executive will not, directly or indirectly, recruit or solicit any Company Employee to terminate his or her employment with the Company or any Company Affiliate. This includes indirect solicitation by disclosing or identifying any Company Employee as a potential candidate to a third party; however, this does not restrict general solicitations, such as help-wanted ads or job postings, so long as those solicitations are not specifically directed to individuals who are known to be currently employed by Company. For purposes of this Subsection, “Company Employees” means all employees working for the Company or any Company Affiliate as of the Termination Date.

Appears in 2 contracts

Samples: Employment Agreement (Riverview Bancorp Inc), Employment Agreement (Riverview Bancorp Inc)

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Non-Raiding of Employees. Executive recognizes that the workforce of the Company and Company Affiliates are a vital part of the Company’s business. Therefore, Executive agrees that while employed by the Company and for twelve (12) months following the Termination Date, Executive will not, directly or indirectly, recruit or solicit any Company Employee to terminate his or her employment with the Company or any Company AffiliateAffiliates. This includes indirect solicitation by disclosing or identifying any Company Employee as a potential candidate to a third party; however, this does not restrict general solicitations, such as help-wanted ads or job postings, so long as those solicitations are not specifically directed to individuals who are known to be currently employed by Company. For purposes of this Subsection, “Company Employees” means all employees working for the Company or any Company Affiliate Affiliates as of the Termination Date.

Appears in 1 contract

Samples: Employment Agreement (Riverview Bancorp Inc)

Non-Raiding of Employees. Executive recognizes that the workforce of the Company and Company Affiliates its affiliates are a vital part of the Company’s business. Therefore, Executive agrees that while employed by the Company and that, for twelve (12) months following the Termination Datetermination of Executive’s employment for any reason whatsoever, Executive will not, directly or indirectly, recruit or solicit any Company Employee to terminate his or her employment with the Company or any Company Affiliateaffiliate. This includes indirect solicitation by disclosing or identifying any Company Employee as a potential candidate to a third party; however, this does not restrict general solicitations, such as help-wanted ads or job postings, so long as those solicitations are not specifically directed to individuals who are known to be currently employed by the Company. For purposes of this Subsection, the “Company Employees” means all employees working for the Company or any Company Affiliate as of the Termination Date.date of Executive’s termination from the Company. ​

Appears in 1 contract

Samples: Change in Control Agreement (Riverview Bancorp Inc)

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Non-Raiding of Employees. Executive recognizes that the workforce of the Company and Company Affiliates its affiliates are a vital part of the Company’s business. Therefore, Executive agrees that while employed by the Company and that, for twelve (12) months following the Termination Datetermination of Executive’s employment for any reason whatsoever, Executive will not, directly or indirectly, recruit or solicit any Company Employee to terminate his or her employment with the Company or any Company Affiliateaffiliate. This includes indirect solicitation by disclosing or identifying any Company Employee as a potential candidate to a third party; however, this does not restrict general solicitations, such as help-wanted ads or job postings, so long as those solicitations are not specifically directed to individuals who are known to be currently employed by the Company. For purposes of this Subsection, the “Company Employees” means all employees working for the Company or any Company Affiliate as of the Termination Date.date of Executive’s termination from the Company. ​ ​

Appears in 1 contract

Samples: Separation Agreement (Riverview Bancorp Inc)

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