Common use of Not to Compete Clause in Contracts

Not to Compete. For a period of 18 months following the receipt of the Severance Payment as contemplated herein (the "Restricted Period"), Executive will not, directly or indirectly, either for Executive or for any other person, entity or company, solicit business or individual patronage for the purpose of providing services which are identical or similar to services then provided by the Bank within a radius of 50 miles from any of the Bank's offices.

Not to Compete. For a period of 18 months following the receipt of the Severance Payment as contemplated herein (the "Restricted Period")herein, Executive will not, directly or indirectly, either for Executive or for any other person, entity or company, solicit business or individual patronage for the purpose of providing services which are identical or similar to services then provided by the Bank within a radius of 50 miles from any of the Bank's offices.

Not to Compete. For a period of 18 months following the receipt of the Severance Payment as contemplated herein (the "Restricted Period")herein, Executive will not, directly or indirectly, either for Executive or for any other person, entity or company, solicit business or individual patronage for the purpose of providing services which are identical or similar to services then provided by the Bank within a radius of 50 miles from any of the Bank's ’s offices.