Common use of Notice of Termination Required Clause in Contracts

Notice of Termination Required. The Employee agrees to provide three months’ written notice to the Firm prior to the Employee’s Termination of Employment. The Employee hereby agrees that, if, during the three-month period after the Employee has provided notice of termination to the Firm or prior thereto, the Employee enters (or has entered into) a written agreement to provide services or perform activities for a Competitive Enterprise that would violate Paragraph (b) if performed during the Noncompete Restriction Period, such action shall be deemed a violation of this Paragraph (f).

Appears in 8 contracts

Samples: Restricted Stock Agreement (Lazard LTD), Restricted Stock Agreement (Lazard Group LLC), Deferred Cash Award Agreement (Lazard LTD)

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Notice of Termination Required. The Employee agrees to provide three months’ written notice to the Firm prior to the Employee’s Termination Date of EmploymentTermination. The Employee hereby agrees that, if, during the three-month period after the Employee has provided notice of termination to the Firm or prior thereto, the Employee enters (or has entered into) a written agreement to provide services or perform activities for a Competitive Enterprise that would violate Paragraph (b) if performed during the Noncompete Restriction Period, such action shall be deemed a violation of this Paragraph (f).

Appears in 2 contracts

Samples: Stock Unit Agreement (Lazard Group LLC), Stock Unit Agreement (Lazard LTD)

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