Common use of Non-Solicitation Obligations Clause in Contracts

Non-Solicitation Obligations. (A) call on, solicit, service, or attempt to do any of the foregoing with respect to, customers or prospective customers of the Bank or Employer if, within the twelve (12) months before the termination of Employee’s employment with the Bank or Employer, Employee had material contact with the customer or prospective customer, or had obtained material information about the customer or prospective customer; or (B) hire, retain, call on, solicit for hire or induce to leave employment, any individual who is or was an employee of the Bank or the Employer on the date of, or within the three (3) month period before the date of, such hire, retention, solicitation or inducement, provided that such individual is an individual whom Employee had contact with, knowledge of, or association with in the course of Employee’s employment with the Bank or Employer, and Employee will not assist any other person or entity in such activities. Notwithstanding anything else provided herein, if Employee is a licensed attorney, securities broker or real estate broker or agent, Employee shall not be prohibited from representing or serving as an agent for any insured depository institution or holding company thereof or other individual or entity in such capacity.

Appears in 3 contracts

Samples: Executive Employment Agreement (LegacyTexas Financial Group, Inc.), Executive Employment Agreement (LegacyTexas Financial Group, Inc.), Executive Employment Agreement (LegacyTexas Financial Group, Inc.)

AutoNDA by SimpleDocs

Non-Solicitation Obligations. (A) call on, solicit, service, or attempt to do any of the foregoing with respect to, customers or prospective customers of the Bank or Employer if, within the twelve (12) months before the termination of Employee’s employment with the Bank or Employer, Employee had material contact with the customer or prospective customer, or had obtained material information about the customer or prospective customer; or (B) hire, retain, call on, solicit for hire or induce to leave employment, any individual who is or was an employee of the Bank or the Employer on the date of, or within the three (3) month period before the date of, such hire, retention, solicitation or inducement, provided that such individual is an individual whom Employee had contact with, knowledge of, or association with in the course of Employee’s employment with the Bank or Employer, and Employee will not assist any other person or entity in such activities. Notwithstanding anything else provided herein, if Employee is a licensed attorney, securities broker or real estate broker or agent, or certified public accountant, Employee shall not be prohibited from representing or serving as an agent for any insured depository institution or holding company thereof or other individual or entity in such capacity.

Appears in 2 contracts

Samples: Executive Employment Agreement (Prosperity Bancshares Inc), Executive Employment Agreement (LegacyTexas Financial Group, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!