Common use of Promise of no raiding/hiring Clause in Contracts

Promise of no raiding/hiring. The Participant promises and agrees that during the Restricted Period the Participant will not solicit or attempt to solicit and will not encourage or induce in any way any Participant, joint venturer, or business partner of Middlefield or a Related Entity to terminate an employment or contractual relationship with Middlefield or the Related Entity. The Participant agrees that the Participant will not hire any person employed by Middlefield or a Related Entity during the two-year period before the Participant’s employment termination with Middlefield or a Related Entity or any person employed by Middlefield or a Related Entity during the Restricted Period.

Appears in 8 contracts

Samples: Stock Award Agreement (Middlefield Banc Corp), Stock Award Agreement (Middlefield Banc Corp), Stock Award Agreement (Middlefield Banc Corp)

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