Common use of Non-Solicitation of Clients, Contractors and Employees Clause in Contracts

Non-Solicitation of Clients, Contractors and Employees. Your RSUs, whether vested (but unsettled) or unvested, and including any dividend equivalent rights, shall be immediately forfeited if, prior to one (1) year from the Termination Date or, if later, the final vesting date set forth in the Award Notice (the “Restricted Period”), you directly or indirectly (i) solicit or induce or attempt to solicit or induce any current or prospective client of the Corporation or an Affiliate known to you, to initiate or continue a client relationship with you other than with the Corporation or Affiliate or to terminate or reduce its client relationship with the Corporation or Affiliate, or (ii) hire or employ any employee or contractor of the Corporation or an Affiliate, or recruit, solicit or induce such an individual to terminate or reduce their employment or engagement, whichever is applicable, with the Corporation or Affiliate. During the Restricted Period, you further agree to (i) advise any person or entity that seeks to employ you of the terms of these covenants; and (ii) immediately notify Human Resources equity administration if you are not in compliance with your obligations above.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Bank of New York Mellon Corp)

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Non-Solicitation of Clients, Contractors and Employees. Your RSUsPSUs, whether vested (but unsettled) or unvested, and including any PSUs resulting from dividend equivalent rights, shall be immediately forfeited if, prior to one (1) year from the Termination Date or, if later, the final vesting date set forth in the Award Notice (the “Restricted Period”), you directly or indirectly (i) solicit or induce or attempt to solicit or induce any current or prospective client of the Corporation or an Affiliate known to you, to initiate or continue a client relationship with you other than with the Corporation or Affiliate or to terminate or reduce its client relationship with the Corporation or Affiliate, or (ii) hire or employ any employee or contractor of the Corporation or an Affiliate, or recruit, solicit or induce such an individual to terminate or reduce their employment or engagement, whichever is applicable, with the Corporation or Affiliate. During the Restricted Period, you further agree to (i) advise any person or entity that seeks to employ you of the terms of these covenants; and (ii) immediately notify Human Resources equity administration if you are not in compliance with your obligations above.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Bank of New York Mellon Corp)

Non-Solicitation of Clients, Contractors and Employees. Your RSUs, whether vested (but unsettled) or unvested, and including any dividend equivalent rights, shall be immediately forfeited if, prior to one (1) year from the Termination Date or, if later, the final vesting date set forth in the Award Notice (the “Restricted Period”), you directly or indirectly (i) solicit or induce or attempt to solicit or induce any current or prospective client of the Corporation or an Affiliate known to you, to initiate or continue a client relationship with you other than with the Corporation or Affiliate or to terminate or reduce its client relationship with the Corporation or Affiliate, or (ii) hire or employ any employee or contractor of the Corporation or an Affiliate, or recruit, solicit or induce such an individual to terminate or reduce their employment or engagement, whichever is applicable, with the Corporation or Affiliate. During the Restricted Period, you further agree to (i) advise any person or entity that seeks to employ you of the terms of these covenants; and (ii) immediately notify Human Resources equity administration if you are not in compliance with your obligations above.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Bank of New York Mellon Corp)

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Non-Solicitation of Clients, Contractors and Employees. Your RSUsPSUs, whether vested (but unsettled) or unvested, and including any PSUs resulting from dividend equivalent rights, shall be immediately forfeited if, prior to one (1) year from the Termination Date or, if later, the final vesting date set forth in the Award Notice (the “Restricted Period”), you directly or indirectly (i) solicit or induce or attempt to solicit or induce any current or prospective client of the Corporation or an Affiliate known to you, to initiate or continue a client relationship with you other than with the Corporation or Affiliate or to terminate or reduce its client relationship with the Corporation or Affiliate, or (ii) hire or employ any employee or contractor of the Corporation or an Affiliate, or recruit, solicit or induce such an individual to terminate or reduce their employment or engagement, whichever is applicable, with the Corporation or Affiliate. During the Restricted Period, you further agree to (i) advise any person or entity that seeks to employ you of the terms of these covenants; and (ii) immediately notify Human Resources equity administration if you are not in compliance with your obligations above.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Bank of New York Mellon Corp)

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