Nonsolicitation of Protected Employees. The Executive understands and agrees that the relationship between the Bank and each of its Protected Employees constitutes a valuable asset of the Bank and may not be converted to the Executive's own use. Accordingly, the Executive hereby agrees that during the Restricted Period the Executive shall not directly or indirectly on the Executive's own behalf or as a principal or representative of any Person solicit any Protected Employee to terminate his or her employment with the Bank.
Appears in 2 contracts
Samples: Employment Agreement (Federal Home Loan Bank of Chicago), Employment Agreement (Federal Home Loan Bank of Chicago)
Nonsolicitation of Protected Employees. The Executive understands and agrees that the relationship between the Bank and each of its Protected Employees constitutes a valuable asset of the Bank and may not be converted to the Executive's ’s own use. Accordingly, the Executive hereby agrees that that, during the Restricted Period Period, the Executive shall not not, directly or indirectly indirectly, on the Executive's ’s own behalf or as a principal or representative of any Person Person, solicit any Protected Employee to terminate his or her employment with the Bank.
Appears in 2 contracts
Samples: Employment Agreement (Federal Home Loan Bank of Chicago), Employment Agreement (Federal Home Loan Bank of Chicago)
Nonsolicitation of Protected Employees. The Executive understands and agrees that the relationship between the Bank and each of its Protected Employees constitutes a valuable asset of the Bank and may not be converted to the Executive's ’s own use. Accordingly, the Executive hereby agrees that during the Restricted Period the Executive shall not directly or indirectly on the Executive's ’s own behalf or as a principal Principal or representative Representative of any Person solicit any Protected Employee to terminate his or her employment with the Bank.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Federal Home Loan Bank of Chicago)
Nonsolicitation of Protected Employees. The Executive understands and agrees that the relationship between the Bank and each of its Protected Employees constitutes a valuable asset of the Bank and may not be converted to the Executive's ’s own use. Accordingly, the Executive hereby agrees that during the Restricted Period the Executive shall not directly or indirectly on the Executive's ’s own behalf or as a principal Principal or representative Representative of any Person or otherwise solicit or induce any Protected Employee to terminate his or her employment relationship with the BankBank or to enter into employment with any other Person.
Appears in 1 contract
Nonsolicitation of Protected Employees. The Executive understands and agrees that the relationship between the Bank and each of its Protected Employees constitutes a valuable asset of the Bank and may not be converted to the Executive's ’s own use. Accordingly, the Executive hereby agrees that during the Restricted Period the Executive shall not directly or indirectly on the Executive's ’s own behalf or as a principal or representative of any Person solicit any Protected Employee to terminate his or her employment with the Bank.
Appears in 1 contract
Samples: Employment Agreement (Federal Home Loan Bank of Chicago)