Common use of Nonsolicitation of Business Clause in Contracts

Nonsolicitation of Business. The Executive agrees that, in the event he is terminated without Cause and receives the payment required by Paragraph 8(d) for a period of twelve (12) months form the date of termination of employment, the Executive will not divert or attempt to divert from the Bank or any of its subsidiaries or affiliates, any business the Bank or a subsidiary or affiliate had enjoyed or solicited from its customers, borrowers, depositors or investors during the twelve (12) months prior to termination of his employment.

Appears in 1 contract

Samples: Employment Agreement (Coast Bancorp/Ca)

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Nonsolicitation of Business. The Executive agrees that, in the event he she is terminated without Cause and receives the payment required by Paragraph 8(d) for a period of twelve six (126) months form the date of termination of employment, the Executive will not divert or attempt to divert from the Bank or any of its subsidiaries or affiliates, any business the Bank or a subsidiary or affiliate had enjoyed or solicited from its customers, borrowers, depositors or investors during the twelve six (126) months prior to termination of his her employment.

Appears in 1 contract

Samples: Employment Agreement (Coast Bancorp/Ca)

Nonsolicitation of Business. The Executive agrees that, in the event he is terminated without Cause and receives the payment required by Paragraph 8(d) for For a period of twelve (12) months form from the date of termination of employment, the Executive will not divert or attempt to divert from the Bank or any of its subsidiaries or affiliates, any business the Bank or a subsidiary or affiliate had enjoyed or solicited from its customers, borrowers, depositors or investors during the twelve (12) months prior to termination of his employment.

Appears in 1 contract

Samples: Employment Agreement (1st Century Bancshares, Inc.)

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Nonsolicitation of Business. The Executive agrees that, in the event he she is terminated without Cause and receives the payment required by Paragraph 8(d) for a period of twelve (12) months form the date of termination of employment, the Executive will not divert or attempt to divert from the Bank or any of its subsidiaries or affiliates, any business the Bank or a subsidiary or affiliate had enjoyed or solicited from its customers, borrowers, depositors or investors during the twelve (12) months prior to termination of his employment.

Appears in 1 contract

Samples: Employment Agreement (Coast Bancorp/Ca)

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