Common use of RESTRICTIONS DURING EMPLOYMENT Clause in Contracts

RESTRICTIONS DURING EMPLOYMENT. 10.1 The Executive shall not at any time during the Appointment, save with the prior written notification and sanction of the Board, be directly or indirectly engaged, concerned or interested in any other company (including any consultancy or advisory work) which carries on a business of a similar nature to the Business. 10.2 The Executive shall not during the Appointment (save in a purely social capacity or with the prior written consent of the Board) make any contact, whether formal or informal, written or oral, with any of the Company's past, current or prospective suppliers, customers or clients with whom the Executive has had business dealings (directly or indirectly) for any purpose (including but not limited to an intention to set up a competing business or to seek employment) other than for the legitimate business interests of the Company. 10.3 The Executive shall not during the Appointment either on his own behalf or on behalf of any person, firm or company: 10.3.1 solicit or endeavour to entice away from the Company an actual employee, or discourage from being employed by the Company any person who, to the knowledge of the Executive, is an employee or a prospective employee of the Company; or 10.3.2 employ or procure another person to employ any such person. 10.4 The restrictions set out in this Clause 10 are without prejudice to any other duties or obligations owed to the Company or any Group Company whether express or implied.

Appears in 7 contracts

Samples: Service Agreement (Chinacast Education Corp), Service Agreement (Chinacast Education Corp), Service Agreement (Chinacast Education Corp)

AutoNDA by SimpleDocs

RESTRICTIONS DURING EMPLOYMENT. 10.1 The Executive shall not at any time during the Appointment, save with the prior written notification and sanction of the Board, be directly or indirectly engaged, concerned or interested in any other company (including any consultancy or advisory work) which carries on a business of a similar nature to the Business. 10.2 The Executive shall not during the Appointment (save in a purely social capacity or with the prior written consent of the Board) make any contact, whether formal or informal, written or oral, with any of the Company's ’s past, current or prospective suppliers, customers or clients with whom the Executive has had business dealings (directly or indirectly) for any purpose (including but not limited to an intention to set up a competing business or to seek employment) other than for the legitimate business interests of the Company. 10.3 The Executive shall not during the Appointment either on his own behalf or on behalf of any person, firm or company: 10.3.1 solicit or endeavour to entice away from the Company an actual employee, or discourage from being employed by the Company any person who, to the knowledge of the Executive, is an employee or a prospective employee of the Company; or 10.3.2 employ or procure another person to employ any such person. 10.4 The restrictions set out in this Clause 10 are without prejudice to any other duties or obligations owed to the Company or any Group Company whether express or implied.

Appears in 2 contracts

Samples: Service Agreement (Travelzoo Inc), Service Agreement (Travelzoo Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!