Common use of Non-Solicitation and No-Hire Restrictions Clause in Contracts

Non-Solicitation and No-Hire Restrictions. During the Non-Competition Period, the Employee will not and will not permit any of his Affiliates (i) solicit, or attempt to solicit any officer, director, consultant or executive of the Company or any of its Affiliates (each such individual, a "Company Affiliate") to leave his or her engagement with the Company or such Affiliate, (ii) hire any Company Affiliate or (iii) call upon, solicit, divert or attempt to solicit or divert from the Company or any of its Affiliates any of their customers or suppliers or potential or prospective customers or suppliers of whom the Employee was aware were potential customers prior to or during the Employee's term of employment in any manner that xxxxx or interferes with such person's relationship with the Company; provided, however, that nothing in this Section 6.4 shall be deemed to prohibit the Employee from calling upon or soliciting a customer or supplier of the Company or any Affiliate during the Non-Competition Period if such action relates solely to a business which is not Competitive with the Company; provided, further, that nothing in this Section 6.4 shall be deemed to prohibit the Employee from (A) soliciting or hiring any Company Affiliate if such Company Affiliate is a member of the Employee's immediate family; (B) placing advertisements in newspapers or other media of general circulation advertising employment opportunities; and (C) hiring any Company Affiliate who responds to such advertisements without any prior notice thereof by the Employee; provided that such Company Affiliate was not otherwise solicited by the Employee or any of his Affiliates in violation of this Agreement.

Appears in 14 contracts

Samples: Restricted Stock Agreement (Refco Inc.), Restricted Unit Agreement (Refco Inc.), Restricted Unit Agreement (Refco Information Services, LLC)

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Non-Solicitation and No-Hire Restrictions. During the Non-Competition Period, the Employee Executive will not and will not permit any of his Affiliates to (i) solicit, or attempt to solicit any officer, director, consultant or executive of the Company or any of its Affiliates affiliated companies (each such individual, a "Company Affiliate") to leave his or her engagement with the Company or such Affiliateaffiliated company, (ii) hire any Company Affiliate or (iii) call upon, solicit, divert or attempt to solicit or divert from the Company or any of its Affiliates affiliated companies any of their customers or suppliers or potential or prospective customers or suppliers of whom the Employee Executive was aware were potential customers prior to or during the Employee's term of employment Employment Term in any manner that xxxxx or interferes with such person's relationship with the Company; provided, however, that nothing in this Section 6.4 8(c) shall be deemed to prohibit the Employee Executive from calling upon or soliciting a customer or supplier of the Company or any Affiliate affiliated company during the Non-Competition Period if such action relates solely to a business which is not Competitive with the Company; provided, further, that nothing in this Section 6.4 8(c) shall be deemed to prohibit the Employee Executive from (A) soliciting or hiring any Company Affiliate if such Company Affiliate is a member of the EmployeeExecutive's immediate family; (B) placing advertisements in newspapers or other media of general circulation advertising employment opportunities; and (C) hiring any Company Affiliate who responds to such advertisements without any prior notice thereof by the EmployeeExecutive or any of his Affiliates; provided that such Company Affiliate was not otherwise solicited by the Employee Executive or any of his Affiliates in violation of this Agreement.

Appears in 6 contracts

Samples: Executive Employment and Non Competition Agreement (Refco Inc.), Executive Employment and Non Competition Agreement (Refco Information Services, LLC), Executive Employment and Non Competition Agreement (Refco Information Services, LLC)

Non-Solicitation and No-Hire Restrictions. During the Non-Competition Period, the Employee will not and will not permit any of his Affiliates (i) solicit, or attempt to solicit any officer, director, consultant or executive of the Company or any of its Affiliates (each such individual, a "Company Affiliate") to leave his or her engagement with the Company or such Affiliate, (ii) hire any Company Affiliate or (iii) call upon, solicit, divert or attempt to solicit or divert from the Company or any of its Affiliates any of their customers or suppliers or potential or prospective customers or suppliers of whom the Employee was aware were potential customers prior to or during the Employee's ’s term of employment in any manner that xxxxx or interferes with such person's ’s relationship with the Company; provided, however, that nothing in this Section 6.4 shall be deemed to prohibit the Employee from calling upon or soliciting a customer or supplier of the Company or any Affiliate during the Non-Competition Period if such action relates solely to a business which is not Competitive with the Company; provided, further, that nothing in this Section 6.4 shall be deemed to prohibit the Employee from (A) soliciting or hiring any Company Affiliate if such Company Affiliate is a member of the Employee's ’s immediate family; (B) placing advertisements in newspapers or other media of general circulation advertising employment opportunities; and (C) hiring any Company Affiliate who responds to such advertisements without any prior notice thereof by the Employee; provided that such Company Affiliate was not otherwise solicited by the Employee or any of his Affiliates in violation of this Agreement.

Appears in 4 contracts

Samples: Restricted Unit Agreement (Refco Group Ltd., LLC), Restricted Unit Agreement (Refco Inc.), Restricted Unit Agreement (Refco Global Capital Management LLC)

Non-Solicitation and No-Hire Restrictions. During the Non-Competition Period, the Employee Executive will not and will not permit any of his Affiliates to (i) solicit, or attempt to solicit any officer, director, consultant or executive of the Company or any of its Affiliates affiliated companies (each such individual, a "Company Affiliate") to leave his or her engagement with the Company or such Affiliateaffiliated company, (ii) hire any Company Affiliate or (iii) call upon, solicit, divert or attempt to solicit or divert from the Company or any of its Affiliates affiliated companies any of their customers or suppliers or potential or prospective customers or suppliers of whom the Employee Executive was aware were potential or prospective customers prior to or during the Employee's term of employment Employment Term in any manner that xxxxx or interferes with such person's relationship with the Company; provided, however, that nothing in this Section 6.4 8(c) shall be deemed to prohibit the Employee Executive from calling upon or soliciting a customer or supplier of the Company or any Affiliate affiliated company during the Non-Competition Period if such action relates solely to a business which is not Competitive with the Company; provided, further, that nothing in this Section 6.4 8(c) shall be deemed to prohibit the Employee Executive from (A) soliciting or hiring any Company Affiliate if such Company Affiliate is a member of the EmployeeExecutive's immediate family; (B) placing advertisements in newspapers or other media of general circulation advertising employment opportunities; and (C) hiring any Company Affiliate who responds to such advertisements without any prior notice thereof by the EmployeeExecutive or any of his Affiliates; provided that such Company Affiliate was not otherwise solicited by the Employee Executive or any of his Affiliates in violation of this Agreement.

Appears in 2 contracts

Samples: Executive Employment and Non Competition Agreement (Refco Information Services, LLC), Executive Employment and Non Competition Agreement (Refco Inc.)

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Non-Solicitation and No-Hire Restrictions. During the Non-Competition Period, the Employee Executive will not and will not permit any of his Affiliates not, directly or indirectly, (i) solicit, or attempt to solicit any officer, director, consultant or executive of the Company or any of its Affiliates affiliated companies (each such individual, a "Company Affiliate") to leave his or her engagement with the Company or such Affiliateaffiliated company, (ii) hire any Company Affiliate or (iii) call upon, solicit, divert or attempt to solicit or divert from the Company or any of its Affiliates affiliated companies any of their customers or suppliers or potential or prospective customers or suppliers of whom the Employee Executive was aware were potential customers prior to or during the Employee's term of employment Employment Term in any manner that xxxxx or interferes with such person's ’s relationship with the Company; provided, however, that nothing in this Section 6.4 8(c) shall be deemed to prohibit the Employee Executive from calling upon or soliciting a customer or supplier of the Company or any Affiliate affiliated company during the Non-Competition Period if such action relates solely to a business which is not Competitive with the Company; provided, further, that nothing in this Section 6.4 8(c) shall be deemed to prohibit the Employee Executive from (A) soliciting or hiring any Company Affiliate if such Company Affiliate is a member of the Employee's Executive’s immediate family; (B) placing advertisements in newspapers or other media of general circulation advertising employment opportunities; and (C) hiring any Company Affiliate who responds to such advertisements without any prior notice thereof by the EmployeeExecutive or any of his Affiliates; provided that such Company Affiliate was not otherwise solicited by the Employee Executive or any of his Affiliates in violation of this Agreement.

Appears in 2 contracts

Samples: Executive Employment and Non Competition Agreement (Refco Inc.), Executive Employment and Non Competition Agreement (Refco Capital LLC)

Non-Solicitation and No-Hire Restrictions. During the Non-Competition Period, the Employee Executive will not and will not permit any of his Affiliates to (i) solicit, or attempt to solicit any officer, director, consultant or executive of the Company or any of its Affiliates affiliated companies (each such individual, a "Company Affiliate") to leave his or her engagement with the Company or such Affiliateaffiliated company, (ii) hire any Company Affiliate or (iii) call upon, solicit, divert or attempt to solicit or divert from the Company or any of its Affiliates affiliated companies any of their customers or suppliers or potential or prospective customers or suppliers of whom the Employee Executive was aware were potential customers or suppliers prior to or during the Employee's term of employment Employment Term in any manner that xxxxx or interferes with such person's relationship with the Company; provided, however, that nothing in this Section 6.4 8(c) shall be deemed to prohibit the Employee Executive from calling upon or soliciting a customer or supplier of the Company or any Affiliate affiliated company during the Non-Competition Period if such action relates solely to a business which is not Competitive with the Company; provided, further, that nothing in this Section 6.4 8(c) shall be deemed to prohibit the Employee Executive from (A) soliciting or hiring any Company Affiliate Affiliate, customer or supplier if such Company Affiliate Affiliate, customer or supplier is a member of the EmployeeExecutive's immediate family; (B) placing advertisements in newspapers or other media of general circulation advertising employment opportunities; and (C) hiring any Company Affiliate who responds to such advertisements without any prior notice thereof by the EmployeeExecutive or any of his Affiliates; provided that such Company Affiliate was not otherwise solicited by the Employee Executive or any of his Affiliates in violation of this Agreement.

Appears in 2 contracts

Samples: Executive Employment and Non Competition Agreement (Refco Inc.), Executive Employment and Non Competition Agreement (Refco Information Services, LLC)

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