Non-Solicitation Period. During the 18-month period following the Executive’s termination of employment for any reason (the “Non-Solicitation Period”), the Executive will not without the Company’s Board of Directors’ consent, which may be withheld for any or no reason, solicit, induce or influence, or seek to induce or influence, directly or indirectly, any person who currently is, or from time to time may be, engaged in or employed by the Company (as an officer, director, employee, agent or independent contractor) in any managerial or executive or technical position to terminate his or her employment or engagement by the Company. During the Non-Solicitation Period, the Executive will also not solicit any person for any reason, other than the direct benefit of the Company, who is an executive, officer or owner of any portfolio company, who is an investor or limited partner in any MSCP Affiliate, or who is a co-investor in investments with the company or MSCP Affiliates. Notwithstanding, the provisions of this Section 7 (b), these non-solicitation provisions shall not apply to any relationships of the Executive that were in existence prior to the Executive becoming an employee of MSCP Affiliates.
Appears in 5 contracts
Samples: Employment Agreement (Main Street Capital CORP), Employment Agreement (Main Street Capital CORP), Employment Agreement (Main Street Capital CORP)
