Common use of Post Termination Covenants Clause in Contracts

Post Termination Covenants. 1. If during the term hereof employee shall cease employment hereunder for any reason, then employee agrees that for six months if dismissed for cause and one year without cause following such termination she will not be employed in the banking business or any related field thereto within a 30 mile radius of the Bank's primary office located at 00000 Xxxxx Xxxxxx Xxxx, Xxxxxxxxxx, Xxxxxxx 00000 or the location where employee is stationed, provided that the foregoing restrictions shall only apply to positions in which employee has duties that are the same or similar to those services actually performed by employee for the Bank. Furthermore, following such termination employee agrees that she will not, without the prior written consent of the Bank: a. Furnish anyone with the name of, or any list or lists of customers of the Bank or utilize such list or information himself for banking purposes; or b. Furnish, use, or divulge to anyone any information acquired by her from the Bank relating to the Bank's methods of doing business; or c. Contact directly or indirectly any customer of the Bank with whom employee had material contact during the 12 months immediately preceding the termination of employment for banking solicitation purposes; or d. Hire for any other Bank or employer (including herself) any employee of the Bank or directly or indirectly cause such employee to leave his or her employment to work for another. 2. It is understood and agreed by the parties hereto that the provisions of this section are independent of each other, and the invalidity of any such provision or portion thereof shall not affect the validity or enforceability of any other provisions of this agreement.

Appears in 1 contract

Samples: Employment Agreement (Integrity Bancshares Inc)

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Post Termination Covenants. 1. If during the term hereof employee shall cease employment hereunder for any reason, then employee agrees that for six months if dismissed for cause and one year without cause following such termination she he will not be employed in the banking business or any related field thereto within a 30 mile radius of the Bank's primary office located at 00000 Xxxxx Xxxxxx Xxxx, Xxxxxxxxxx, Xxxxxxx 00000 or the location where employee is stationed, provided that the foregoing restrictions shall only apply to positions in which employee has duties that are the same or similar to those services actually performed by employee for the Bank. Furthermore, following such termination employee agrees that she he will not, without the prior written consent of the Bank: a. Furnish furnish anyone with the name of, or any list or lists of customers of the Bank or utilize such list or information himself for banking purposes; or b. Furnishfurnish, use, or divulge to anyone any information acquired by her him from the Bank relating to the Bank's methods of doing business; or c. Contact contact directly or indirectly any customer of the Bank with whom employee had material contact during the 12 months immediately preceding the termination of employment for banking solicitation purposes; or d. Hire hire for any other Bank or employer (including herselfhimself) any employee of the Bank or directly or indirectly cause such employee to leave his or her employment to work for another. 2. It is understood and agreed by the parties hereto that the provisions of this section are independent of each other, and the invalidity of any such provision or portion thereof shall not affect the validity or enforceability of any other provisions of this agreement.

Appears in 1 contract

Samples: Employment Agreement (Integrity Bancshares Inc)

Post Termination Covenants. 1. If during the term hereof employee shall cease employment hereunder for any reason, then employee agrees that for six months if dismissed for cause and one year without cause following such termination she he will not be employed in the banking business or any related field thereto within a 30 mile radius of the Bank's primary office located at 00000 Xxxxx Xxxxxx Xxxx, Xxxxxxxxxx, Xxxxxxx 00000 or the location where the employee is stationed, stationed provided that the foregoing restrictions shall only apply to positions in which employee has duties that are the same or similar to those services actually performed by employee for the Bank. Furthermore, following such termination employee agrees that she he will not, without the prior written consent of the Bank: a. Furnish anyone with the name of, or any list or lists of customers of the Bank or utilize such list or information himself for banking purposes; or b. Furnish, use, or divulge to anyone any information acquired by her him from the Bank relating to the Bank's methods of doing business; or c. Contact directly or indirectly any customer of the Bank with whom employee had material contact during the 12 months immediately preceding the termination of employment for banking solicitation purposes; or d. Hire for any other Bank or employer (including herselfhimself) any employee of the Bank or directly or indirectly cause such employee to leave his or her employment to work for another. 2. It is understood and agreed by the parties hereto that the provisions of this section are independent of each other, and the invalidity of any such provision or portion thereof shall not affect the validity or enforceability of any other provisions of this agreement.

Appears in 1 contract

Samples: Employment Agreement (Integrity Bancshares Inc)

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Post Termination Covenants. 1. If during the term hereof employee shall cease employment hereunder for any reason, then employee agrees that for six months if dismissed for cause and one year without cause following such termination she he will not be employed in the banking business or any related field thereto within a 30 mile radius of the Bank's primary office located at 00000 Xxxxx Xxxxxx Xxxx, Xxxxxxxxxx, Xxxxxxx 00000 or the location where employee is stationed, provided that the foregoing restrictions shall only apply to positions in which employee has duties that are the same or similar to those services actually performed by employee for the Bank. Furthermore, following such termination employee agrees that she he will not, without the prior written consent of the Bank: a. Furnish anyone with the name of, or any list or lists of customers of the Bank or utilize such list or information himself for banking purposes; or b. Furnish, use, or divulge to anyone any information acquired by her him from the Bank relating to the Bank's methods of doing business; or c. Contact directly or indirectly any customer of the Bank with whom employee had material contact during the 12 months immediately preceding the termination of employment for banking solicitation purposes; or d. Hire for any other Bank or employer (including herselfhimself) any employee of the Bank or directly or indirectly cause such employee to leave his or her employment to work for another. 2. It is understood and agreed by the parties hereto that the provisions of this section are independent of each other, and the invalidity of any such provision or portion thereof shall not affect the validity or enforceability of any other provisions of this agreement.

Appears in 1 contract

Samples: Employment Agreement (Integrity Bancshares Inc)

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