Common use of Nonsolicitation of Clients Clause in Contracts

Nonsolicitation of Clients. Section 6 of this Agreement is hereby amended to replace the definition of “Client” with the following definition: “Client” means any client or prospective client of the Firm, whether or not the Firm has been engaged by such Client pursuant to a written agreement; provided that an entity which is not a client of the Firm shall be considered a “prospective client” for purposes of this sentence only if the Firm made a presentation or written proposal to such entity during the 12-month period preceding the Date of Termination or was preparing to make such a presentation or proposal at the time of the Date of Termination.

Appears in 10 contracts

Samples: Agreement Relating to Retention and Noncompetition and Other Covenants (Lazard Group LLC), Agreement Relating to Retention and Noncompetition and Other Covenants (Lazard Group LLC), Agreement Relating to Retention and Noncompetition and Other Covenants (Lazard LTD)

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