Common use of Prohibition Against Solicitation of Customers Clause in Contracts

Prohibition Against Solicitation of Customers. Ancillary to the grant of the Award, to protect the Company’s goodwill, and in consideration for the grant of the Award and the attendant transfer of Common Stock, by accepting the Award you agree that, in the discretion of the Board, the Award may be forfeited in whole or in part pursuant to Section 10 if within eighteen (18) months following the date you incur a termination of service on the Board for any reason, you call on, service, solicit, or accept competing business from customers of the Company or any of its Affiliates with whom you, within the previous eighteen (18) months, (i) had or made contact, or (ii) had access to information and files regarding.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Geospace Technologies Corp)

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Prohibition Against Solicitation of Customers. Ancillary to the grant of the Award, to protect the Company’s goodwill, and in consideration for the grant of the Award and the attendant transfer of Common Stock, by accepting the Award you agree that, in the discretion of the BoardCommittee, the Award may be forfeited in whole or in part pursuant to Section 10 if within eighteen (18) months following the date you incur a termination Termination of service on the Board Employment for any reason, you call on, service, solicit, or accept competing business from customers of the Company or any of its Affiliates with whom you, within the previous eighteen (18) months, (i) had or made contact, or (ii) had access to information and files regarding.

Appears in 1 contract

Samples: Employee Restricted Stock Award Agreement (Geospace Technologies Corp)

Prohibition Against Solicitation of Customers. Ancillary to the grant of the Award, to protect the Company’s goodwill, and in consideration for the grant of the Award and the attendant transfer of Common Stock, by accepting the Award you agree that, in the discretion of the BoardCommittee, the Award may be forfeited in whole or in part pursuant to Section 10 if within eighteen (18) months following the date you incur a termination Termination of service on the Board Service for any reason, you call on, service, solicit, or accept competing business from customers of the Company or any of its Affiliates with whom you, within the previous eighteen (18) months, (i) had or made contact, or (ii) had access to information and files regarding.

Appears in 1 contract

Samples: Consultant Restricted Stock Award Agreement (Geospace Technologies Corp)

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Prohibition Against Solicitation of Customers. Ancillary to the grant of the Award, to protect the Company’s goodwill, and in consideration for the grant of the Award and the attendant transfer of Common Stock, by accepting the Award you agree that, in the discretion of the BoardCommittee, the Award may be forfeited in whole or in part pursuant to Section 10 12 if within eighteen (18) months following the date you incur a termination Termination of service on the Board Employment for any reason, you call on, service, solicit, or accept competing business from customers of the Company or any of its Affiliates with whom you, within the previous eighteen (18) months, (i) had or made contact, or (ii) had access to information and files regarding.

Appears in 1 contract

Samples: Employee Restricted Stock Unit Award Agreement (Geospace Technologies Corp)

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