Common use of Nonsolicitation of Employees and Customers Clause in Contracts

Nonsolicitation of Employees and Customers. The following nonsolicitation provisions form a material part of the consideration relied upon by UBI in entering into this Contract: a. During the term of Employee's employment and for a period of one (1) year after Employee's last day of employment, Employee agrees not to hire, and not to solicit for hire, any then-current employees of UBI and/or its subsidiaries, or to contact them for the purpose of inducing them to leave UBI and/or its subsidiaries. b. During the term of Employee's employment and for a period of one (1) year after Employee's last day of employment, Employee agrees not to contact any then-current customers of UBI and/or its subsidiaries for the purpose of inducing them to leave UBI and/or its subsidiaries or to discourage them from doing business with UBI and/or its subsidiaries. Employee agrees that, for such time period, Employee will not provide the type of services he provided under this Contract to any person or business customer who was a customer of UBI and/or its subsidiaries at the time of Employee's departure.

Appears in 12 contracts

Samples: Employment Agreement (United Bancorp Inc /Mi/), Employment Contract (United Bancorp Inc /Mi/), Employment Contract (United Bancorp Inc /Mi/)

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Nonsolicitation of Employees and Customers. The following nonsolicitation provisions form a material part of the consideration relied upon by UBI Bank in entering into this Contract: a. During the term of Employee's employment and for a period of one (1) year after Employee's last day of employment, Employee agrees not to hire, and not to solicit for hire, any then-current employees of Bank, UBI and/or its subsidiaries, or to contact them for the purpose of inducing them to leave Bank, UBI and/or its subsidiaries. b. During the term of Employee's employment and for a period of one (1) year after Employee's last day of employment, Employee agrees not to contact any then-current customers of Bank, UBI and/or its subsidiaries for the purpose of inducing them to leave Bank, UBI and/or its subsidiaries or to discourage them from doing business with Bank, UBI and/or its subsidiaries. Employee agrees that, for such time period, Employee will not provide the type of services he provided under this Contract to any person or business customer who was a customer of Bank, UBI and/or its subsidiaries at the time of Employee's departure.

Appears in 8 contracts

Samples: Employment Contract (United Bancorp Inc /Mi/), Employment Agreement (United Bancorp Inc /Mi/), Employment Contract (United Bancorp Inc /Mi/)

Nonsolicitation of Employees and Customers. The following nonsolicitation provisions form a material part of the consideration relied upon by UBI in entering into this Contract: a. During the term of Employee's employment and for a period of one (1) year 24 months after Employee's last day of employment, Employee agrees not to hire, and not to solicit for hire, any then-current employees of UBI and/or its subsidiaries, or to contact them for the purpose of inducing them to leave UBI and/or its subsidiaries. b. During the term of Employee's employment and for a period of one (1) year 24 months after Employee's last day of employment, Employee agrees not to contact any then-current customers of UBI and/or its subsidiaries for the purpose of inducing them to leave UBI and/or its subsidiaries or to discourage them from doing business with UBI and/or its subsidiaries. Employee agrees that, for such time period, Employee will not provide the type of services he Employee provided under this Contract to any person or business customer who was a customer of UBI and/or its subsidiaries at the time of Employee's departure.

Appears in 1 contract

Samples: Employment Agreement (United Bancorp Inc /Mi/)

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Nonsolicitation of Employees and Customers. The following nonsolicitation provisions form a material part of the consideration relied upon by UBI in entering into this Contract: a. During the term of Employee's employment and for a period of one (1) year after Employee's last day of employment, Employee agrees not to hire, and not to solicit for hire, any then-current employees of UBI and/or its subsidiaries, or to contact them for the purpose of inducing them to leave UBI and/or its subsidiaries. b. During the term of Employee's employment and for a period of one (1) year after Employee's last day of employment, Employee agrees not to contact any then-current customers of UBI and/or its subsidiaries for the purpose of inducing them to leave UBI and/or its subsidiaries or to discourage them from doing business with UBI and/or its subsidiaries. Employee agrees that, for such time period, Employee will not provide the type of services he Employee provided under this Contract to any person or business customer who was a customer of UBI and/or its subsidiaries at the time of Employee's departure.

Appears in 1 contract

Samples: Employment Contract (United Bancorp Inc /Mi/)

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