Common use of Non-Solicitation by SpinCo Clause in Contracts

Non-Solicitation by SpinCo. Spinco and members of the Spinco Group shall not, directly or indirectly, induce or attempt to induce to leave the employ of the GGP Group any employee of the GGP Group not identified on Schedule A. The foregoing covenant shall apply for a period of one year following the Distribution Date and for any employee working on a transition services agreement project, apply for a period of one year from the date of termination of his or her performance of transition services, regardless of the length of time on the project.

Appears in 3 contracts

Samples: Separation Agreement (Rouse Properties, Inc.), Employee Matters Agreement (Rouse Properties, Inc.), Employee Matters Agreement (Rouse Properties, Inc.)

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Non-Solicitation by SpinCo. Spinco and members of the Spinco Group shall not, directly or indirectly, induce or attempt to induce to leave the employ of the GGP Group any employee of the GGP Group not identified on Schedule A. A or in a written list of such employees agreed to by GGP and Spinco. The foregoing covenant shall apply for a period of one (1) year following the Distribution Plan Effective Date and for any employee working on a transition services agreement project, apply for a period of one (1) year from the date of termination of his or her performance of transition services, regardless of the length of time on the project.

Appears in 1 contract

Samples: Employee Matters Agreement (Howard Hughes Corp)

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