Common use of Nonsolicitation of Clients Clause in Contracts

Nonsolicitation of Clients. (a) While Participant is employed by the Company and for a period of twelve (12) months immediately following, Participant will not, except on behalf of or as otherwise directed by the Company, directly or indirectly (through or by providing assistance to another person or entity), solicit Financial Services (defined below) business from any client of the Company who/which was a client of the Company and (1) with whom/which Participant had any contact or (2) about whom/which Participant had access to non-public confidential or proprietary information, in the case of both (1) and (2), above, during the period of one year prior to the date Participant ceased to be an employee of the Company. (b) While Participant is employed by the Company, and for a period of twelve (12) months immediately following, Participant will not, except on behalf of or as otherwise directed by the Company, conduct business relating to Financial Services (defined below) with any client of the Company who/which was a client of the Company and (1) with whom/which Participant had any contact or (2) about whom/which Participant had access to non-public confidential or proprietary information, in the case of both (1) and (2), above, during the period of one year prior to the date Participant ceased to be an employee of the Company. (c) While Participant is employed by the Company, and for a period of six (6) months immediately following, Participant will not, except on behalf of or as otherwise directed by the Company, directly or indirectly (through or by providing assistance to another person or entity), solicit Financial Services (defined below) business from any prospective client of the Company with whom/which the Company engaged in direct marketing efforts (as opposed to general solicitations of business) and (1) with whom/which Participant had any contact or (2) about whom/which Participant had access to non-public confidential or proprietary information, in the case of both (1) and (2), above, during the period of one year prior to the date Participant ceased to be an employee of the Company. (d) For clarification purposes, the restrictions described in the above subparagraphs apply to clients whether they are persons or entities. The term “Financial Services” as used herein shall mean products and/or services offered by the Company within the twelve (12) month period immediately preceding Participant’s last day of employment with the Company.

Appears in 19 contracts

Samples: Restricted Stock Unit Award Agreement (First Business Financial Services, Inc.), Performance Based Restricted Stock Unit Award Agreement (First Business Financial Services, Inc.), Restricted Stock Unit Award Agreement (First Business Financial Services, Inc.)

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Nonsolicitation of Clients. In consideration of this Agreement, the Executive agrees to the following: (a) While Participant Executive is employed by the Company or any of its Affiliates, and for a period of [twelve (12) 12)/twenty-four (24)] months immediately followingfollowing the termination of the Executive’s employment for any reason, Participant Executive will not, except on behalf of or as otherwise directed by the Company, directly or indirectly (through or by providing assistance to another person or entity), solicit Financial Services (defined below) business from any client of the Company or any of its Affiliates who/which was a client of the Company or any of its Affiliates and (1i) with whom/which Participant the Executive had any contact or (2ii) about whom/which Participant the Executive had access to non-public confidential or proprietary information, in the case of both (1i) and (2ii), above, during the period of one year prior to the date Participant the Executive ceased to be an employee of the CompanyCompany or any of its Affiliates. (b) While Participant the Executive is employed by the CompanyCompany or any of its Affiliates, and for a period of [twelve (12) 12)/twenty-four (24)] months immediately followingfollowing the termination of the Executive’s employment for any reason, Participant the Executive will not, except on behalf of or as otherwise directed by the Company, conduct business relating to Financial Services (defined below) with any client of the Company or any of its Affiliates who/which was a client of the Company or any of its Affiliates and (1i) with whom/which Participant the Executive had any contact or (2ii) about whom/which Participant the Executive had access to non-public confidential or proprietary information, in the case of both (1i) and (2ii), above, during the period of one year prior to the date Participant the Executive ceased to be an employee of the CompanyCompany or any of its Affiliates. (c) While Participant the Executive is employed by the CompanyCompany or any of its Affiliates, and for a period of [six (6) / twelve (12)] months immediately followingfollowing the termination of the Executive’s employment for any reason, Participant the Executive will not, except on behalf of or as otherwise directed by the Company, directly or indirectly (through or by providing assistance to another person or entity), solicit Financial Services (defined below) business from any prospective client of the Company or any of its Affiliates with whom/which the Company engaged in direct marketing efforts (as opposed to general solicitations of business) and (1i) with whom/which Participant the Executive had any contact or (2ii) about whom/which Participant the Executive had access to non-public confidential or proprietary information, in the case of both (1i) and (2ii), above, during the period of one year prior to the date Participant the Executive ceased to be an employee of the CompanyCompany or any of its Affiliates. (d) For clarification purposes, the restrictions described in the above subparagraphs apply to clients whether they are persons or entities. The term “Financial Services” as used herein shall mean products and/or services offered by the Company within during the twelve (12) month period immediately preceding Participant’s last day one year prior to the date the Executive ceased to be an employee of employment with the CompanyCompany or any of its Affiliates.

Appears in 1 contract

Samples: Executive Change in Control Severance Agreement (First Business Financial Services, Inc.)

Nonsolicitation of Clients. (a) In consideration of this Agreement, the Participant agrees to the following: a. While the Participant is employed by the Company or any of its Affiliates, and for a period of twelve (12) months immediately following, the Participant will not, except on behalf of or as otherwise directed by the Company, directly or indirectly (through or by providing assistance to another person or entity), solicit Financial Services (defined below) business from any client of the Company or any of its Affiliates who/which was a client of the Company or any of its Affiliates and (1A) with whom/which the Participant had any contact or (2B) about whom/which the Participant had access to non-public confidential or proprietary information, in the case of both (1A) and (2B), above, during the period of one year prior to the date the Participant ceased to be an employee of the CompanyCompany or any of its Affiliates. (b) b. While the Participant is employed by the CompanyCompany or any of its Affiliates, and for a period of twelve (12) months immediately following, the Participant will not, except on behalf of or as otherwise directed by the Company, conduct business relating to Financial Services (defined below) with any client of the Company or any of its Affiliates who/which was a client of the Company or any of its Affiliates and (1A) with whom/which the Participant had any contact or (2B) about whom/which the Participant had access to non-public confidential or proprietary information, in the case of both (1A) and (2B), above, during the period of one year prior to the date the Participant ceased to be an employee of the CompanyCompany or any of its Affiliates. (c) c. While the Participant is employed by the CompanyCompany or any of its Affiliates, and for a period of six (6) months immediately following, the Participant will not, except on behalf of or as otherwise directed by the Company, directly or indirectly (through or by providing assistance to another person or entity), solicit Financial Services (defined below) business from any prospective client of the Company or any of its Affiliates with whom/which the Company engaged in direct marketing efforts (as opposed to general solicitations of business) and (1A) with whom/which the Participant had any contact or (2B) about whom/which the Participant had access to non-public confidential or proprietary information, in the case of both (1A) and (2B), above, during the period of one year prior to the date the Participant ceased to be an employee of the CompanyCompany or any of its Affiliates. (d) d. For clarification purposes, the restrictions described in the above subparagraphs apply to clients whether they are persons or entities. The term “Financial Services” as used herein shall mean products and/or services offered by the Company within the twelve (12) month period immediately preceding the Participant’s last day of employment with the Company.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Agreement (First Business Financial Services, Inc.)

Nonsolicitation of Clients. (a) In consideration of this Agreement, Participant agrees to the following: a. While Participant is employed by the Company or any of its Affiliates, and for a period of twelve (12) months immediately following, Participant will not, except on behalf of or as otherwise directed by the Company, directly or indirectly (through or by providing assistance to another person or entity), solicit Financial Services (defined below) business from any client of the Company or any of its Affiliates who/which was a client of the Company or any of its Affiliates and (1A) with whom/which Participant had any contact or (2B) about whom/which Participant had access to non-public confidential or proprietary information, in the case of both (1A) and (2B), above, during the period of one year prior to the date Participant ceased to be an employee of the CompanyCompany or any of its Affiliates. (b) b. While Participant is employed by the CompanyCompany or any of its Affiliates, and for a period of twelve (12) months immediately following, Participant will not, except on behalf of or as otherwise directed by the Company, conduct business relating to Financial Services (defined below) with any client of the Company or any of its Affiliates who/which was a client of the Company or any of its Affiliates and (1A) with whom/which Participant had any contact or (2B) about whom/which Participant had access to non-public confidential or proprietary information, in the case of both (1A) and (2B), above, during the period of one year prior to the date Participant ceased to be an employee of the CompanyCompany or any of its Affiliates. (c) c. While Participant is employed by the CompanyCompany or any of its Affiliates, and for a period of six (6) months immediately following, Participant will not, except on behalf of or as otherwise directed by the Company, directly or indirectly (through or by providing assistance to another person or entity), solicit Financial Services (defined below) business from any prospective client of the Company or any of its Affiliates with whom/which the Company engaged in direct marketing efforts (as opposed to general solicitations of business) and (1A) with whom/which Participant had any contact or (2B) about whom/which Participant had access to non-public confidential or proprietary information, in the case of both (1A) and (2B), above, during the period of one year prior to the date Participant ceased to be an employee of the CompanyCompany or any of its Affiliates. (d) d. For clarification purposes, the restrictions described in the above subparagraphs apply to clients whether they are persons or entities. The term “Financial Services” as used herein shall mean products and/or services offered by the Company within the twelve (12) month period immediately preceding Participant’s last day of employment with the Company.

Appears in 1 contract

Samples: Restricted Stock Agreement (First Business Financial Services, Inc.)

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Nonsolicitation of Clients. In consideration of this Agreement, the Executive agrees to the following: (a) While Participant Executive is employed by the Company or any of its Affiliates, and for a period of twelve twenty-four (1224) months immediately followingfollowing the termination of the Executive’s employment for any reason, Participant Executive will not, except on behalf of or as otherwise directed by the Company, directly or indirectly (through or by providing assistance to another person or entity), solicit Financial Services (defined below) business from any client of the Company or any of its Affiliates who/which was a client of the Company or any of its Affiliates and (1i) with whom/which Participant the Executive had any contact or (2ii) about whom/which Participant the Executive had access to non-public confidential or proprietary information, in the case of both (1i) and (2ii), above, during the period of one year prior to the date Participant the Executive ceased to be an employee of the CompanyCompany or any of its Affiliates. (b) While Participant the Executive is employed by the CompanyCompany or any of its Affiliates, and for a period of twelve twenty-four (1224) months immediately followingfollowing the termination of the Executive’s employment for any reason, Participant the Executive will not, except on behalf of or as otherwise directed by the Company, conduct business relating to Financial Services (defined below) with any client of the Company or any of its Affiliates who/which was a client of the Company or any of its Affiliates and (1i) with whom/which Participant the Executive had any contact or (2ii) about whom/which Participant the Executive had access to non-public confidential or proprietary information, in the case of both (1i) and (2ii), above, during the period of one year prior to the date Participant the Executive ceased to be an employee of the CompanyCompany or any of its Affiliates. (c) While Participant the Executive is employed by the CompanyCompany or any of its Affiliates, and for a period of six twelve (612) months immediately followingfollowing the termination of the Executive’s employment for any reason, Participant the Executive will not, except on behalf of or as otherwise directed by the Company, directly or indirectly (through or by providing assistance to another person or entity), solicit Financial Services (defined below) business from any prospective client of the Company or any of its Affiliates with whom/which the Company engaged in direct marketing efforts (as opposed to general solicitations of business) and (1i) with whom/which Participant the Executive had any contact or (2ii) about whom/which Participant the Executive had access to non-public confidential or proprietary information, in the case of both (1i) and (2ii), above, during the period of one year prior to the date Participant the Executive ceased to be an employee of the CompanyCompany or any of its Affiliates. (d) For clarification purposes, the restrictions described in the above subparagraphs apply to clients whether they are persons or entities. The term “Financial Services” as used herein shall mean products and/or services offered by the Company within during the twelve (12) month period immediately preceding Participant’s last day one year prior to the date the Executive ceased to be an employee of employment with the CompanyCompany or any of its Affiliates.

Appears in 1 contract

Samples: Executive Change in Control Severance Agreement (First Business Financial Services, Inc.)

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