Common use of Post-Term Non-Competition Clause in Contracts

Post-Term Non-Competition. In addition to the restrictions set forth above, for a period of twelve (12) months following termination of EXECUTIVE’s employment for any or no reason (whether voluntary or involuntary), EXECUTIVE shall not, either directly or indirectly, (i) own or control, or participate in the ownership or control of, any entity that competes with EMPLOYER in the Restricted Business (as defined below) anywhere in the Restricted Territory (as defined below); (ii) anywhere in the Restricted Territory, operate, render advice to, or be employed or retained as an officer, director, executive, manager, independent contractor, agent, or consultant by any person that engages in the Restricted Business in the same or a similar capacity as to which EXECUTIVE rendered services for EMPLOYER.

Appears in 5 contracts

Samples: Non Compete and Non Solicitation Agreement (Franklin Financial Network Inc.), Non Compete and Non Solicitation Agreement (Franklin Financial Network Inc.), Non Compete and Non Solicitation Agreement (Franklin Financial Network Inc.)

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