Common use of Prohibition on Competition Clause in Contracts

Prohibition on Competition. During the term of this Agreement, and for a period of six (6) months from the date you are terminated for Cause or your Voluntary Termination, you shall not render or perform competing banking and/or financial services within twenty-five (25) miles from your office or Cardinal's corporate headquarters. This provision shall not be construed to prevent you from obtaining employment in the banking and/or financial services industries provided your new endeavor does not violate the above-stated prohibition.

Appears in 2 contracts

Samples: Executive Employment Agreement (Cardinal Financial Corp), Executive Employment Agreement (Cardinal Financial Corp)

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Prohibition on Competition. During the term of this Agreement, and for a period of six twelve (612) months from the date you are terminated for Cause or your Voluntary Termination, you shall not render or perform competing banking and/or financial services within twenty-five (25) miles from your office or Cardinal's corporate headquarters. This provision shall not be construed to prevent you from obtaining employment in the banking and/or financial services industries provided your new endeavor does not violate the above-stated prohibition.

Appears in 2 contracts

Samples: Executive Employment Agreement (Cardinal Financial Corp), Executive Employment Agreement (Cardinal Financial Corp)

Prohibition on Competition. During the term of this Agreement, and for a period of six (6) months from the date you are terminated for Cause or your Voluntary Termination, you shall not render or perform competing banking and/or financial services within twenty-five (25) miles from your office or Cardinal's ’s corporate headquarters. This provision shall not be construed to prevent you from obtaining employment in the banking and/or financial services industries provided your new endeavor does not violate the above-stated prohibition.

Appears in 1 contract

Samples: Executive Employment Agreement (Cardinal Financial Corp)

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Prohibition on Competition. a. During the term of this Agreement, and for a period of six twelve (612) months from the date you are terminated for Cause or your Voluntary Terminationvoluntary termination, you shall not render or perform competing banking and/or financial services within twenty-five (25) miles from your office or Cardinal's ’s corporate headquarters. This provision shall not be construed to prevent you from obtaining employment in the banking and/or financial services industries provided your new endeavor does not violate the above-stated prohibition.

Appears in 1 contract

Samples: Executive Employment Agreement (Cardinal Financial Corp)

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