Common use of NON-RECRUITMENT COVENANT Clause in Contracts

NON-RECRUITMENT COVENANT. The Optionee agrees that, during the Restricted Period, the Optionee will not, directly or indirectly, for himself or on behalf of any other Person, solicit, induce, persuade, or encourage, or attempt to solicit, induce, persuade, or encourage, any employee of the Company to terminate such employee’s position with the Company, whether or not such employee is a full-time or temporary employee of the Company and whether or not such employment is pursuant to a written agreement, for a determined period or at will. The provision of this paragraph shall only apply to those persons employed by the Company at the time of solicitation or attempted solicitation.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Zep Inc.), Non Qualified Stock Option Agreement (Zep Inc.)

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NON-RECRUITMENT COVENANT. The Optionee Grantee agrees that, during the Restricted Period, the Optionee Grantee will not, directly or indirectly, for himself or on behalf of any other Person, solicit, induce, persuade, or encourage, or attempt to solicit, induce, persuade, or encourage, any employee of the Company to terminate such employee’s position with the Company, whether or not such employee is a full-time or temporary employee of the Company and whether or not such employment is pursuant to a written agreement, for a determined period or at will. The provision of this paragraph shall only apply to those persons employed by the Company at the time of solicitation or attempted solicitation.

Appears in 2 contracts

Samples: Performance Stock Award Agreement (Zep Inc.), Restricted Stock Award Agreement (Zep Inc.)

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NON-RECRUITMENT COVENANT. The Optionee Executive agrees that, during the Restricted Period, the Optionee Executive will not, directly or indirectly, for himself or on behalf of any other Person, solicit, induce, persuade, or encourage, or attempt to solicit, induce, persuade, or encourage, any employee of the Company to terminate such employee’s position with the Company, whether or not such employee is a full-time or temporary employee of the Company and whether or not such employment is pursuant to a written agreement, for a determined period or at will. The provision of this paragraph shall only apply to those persons employed by the Company at the time of solicitation or attempted solicitation.

Appears in 1 contract

Samples: Change in Control Agreement and Severance Agreement (Zep Inc.)

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