Non-Solicitation Agreements Clause Samples
A Non-Solicitation Agreement is a contractual provision that prohibits one party from directly or indirectly soliciting the employees or clients of the other party, typically after the termination of a business relationship. In practice, this means that a former employee or business partner cannot approach or recruit staff or customers from their previous company for a specified period. The core function of this clause is to protect a business’s workforce and client base from being poached, thereby preserving its competitive advantage and business relationships.
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Non-Solicitation Agreements. The Acquiror shall have received an executed counterpart to the form of Non-Solicitation Agreement attached hereto as Exhibit G (collectively, the “Non-Solicitation Agreements”), signed by each holder of Class B Common Stock (collectively, the “Principal Stockholders”), which agreement will impose covenants regarding the solicitation of employees by such Principal Stockholders for three (3) years after the Closing Date.
Non-Solicitation Agreements. As a condition to, and simultaneously with, the execution of this Agreement, J▇▇▇▇ ▇. ▇▇▇▇▇ is entering into a non‑solicitation agreement with Parent, substantially in the form of Exhibit C hereto (the “Non‑Solicitation Agreement (Executive)”).
Non-Solicitation Agreements. Prior to the Closing, Target will use its best efforts to cause ▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇ to execute and deliver to Acquiror Non-Solicitation Agreements substantially in the form of Exhibit E attached hereto (the "Non-Solicitation Agreements").
Non-Solicitation Agreements. Each individual set forth on Schedule 7.05(c) shall have entered into a Non-Solicitation Agreement on mutually acceptable terms to Parent and such individuals;
Non-Solicitation Agreements. As a condition to, and simultaneously with, the execution of this Agreement, each of the directors of the Company (the “Directors”) is entering into a non-solicitation agreement with the Parent, substantially in the form of Exhibit B hereto (collectively, the “Non-Solicitation Agreements (Directors)”).
Non-Solicitation Agreements. (a) Following the Closing, Buyer agrees that it shall not directly or indirectly (through its Subsidiaries or any of Buyer’s or its Subsidiaries respective officers, directors, employees or other agents) solicit for employment any person who is employed, contracted or engaged by Seller or any of its Subsidiaries (except if such person is otherwise subject to a Seller redeployment employee action or a Seller Voluntary Separation Program) until the date that is one year after the Closing Date (or, if this Agreement is terminated prior to Closing, until the date that is one year after the date of such termination), nor shall it directly or indirectly induce any person to breach any contractual agreement(s) that they may have with Seller or any of its Subsidiaries, unless Seller consents in writing thereto.
(b) Seller agrees that it shall not directly or indirectly (through its officers, directors, employees or other agents) solicit for employment any of the Transferred Employees until the date that is one year after the Closing Date, nor shall it directly or indirectly induce any person to breach any contractual agreement(s) that they may have with Buyer or any of its Subsidiaries, unless Buyer consents in writing thereto. Following the Closing, Seller agrees that its Embedded and Communications Group (the “Selling Group”) will not directly or indirectly, solicit for employment any employee of Buyer or its Subsidiaries who became known to the Selling Group in connection with its consideration of the transactions contemplated by this Agreement until the date that is one year after the Closing Date, nor shall it directly or indirectly induce any person to breach any contractual agreement(s) that they may have with Buyer or any of its Subsidiaries, unless Buyer consents in writing thereto.
(c) The parties hereto acknowledge and agree that general postings or advertisements of job openings and the retention of search firms to assist in filling open job requisitions shall not be deemed to be a violation of the provisions of this Section 5.17.
Non-Solicitation Agreements. Each individual set forth on Schedule 7.05(c) hereto shall enter into a Non-Solicitation Agreement at Closing on mutually acceptable terms;
Non-Solicitation Agreements. Each of the persons set forth in Section 5.12 above shall have executed a Non-Solicitation Agreement substantially in the form attached hereto as Exhibit E.
Non-Solicitation Agreements. Each Person listed on Schedule 5.1.6 shall have entered into non-solicitation agreements in the form of Exhibits I-1 and I-2 hereto (the "Non-Solicitation Agreement").
Non-Solicitation Agreements. CUNB and CUB shall have received an executed copy of the FENB Non-Solicitation Agreement from each member of the FENB Board as of the Agreement Date and anyone added to the FENB Board after the Agreement Date which agreement shall not have been revoked, rescinded or amended without CUNB’s and CUB’s prior written approval, in their sole discretion, provided, however, the agreement of Black not to solicit the employees or customers shall be for a period of one (1) year from and after the Effective Time, provided that Black has entered into a consulting agreement, as of the Agreement Date, with CUB in such form as is mutually agreeable to Black and CUB.