Common use of While Employed Clause in Contracts

While Employed. During such time as the Executive is employed by the Bank or the Holding Company, the Executive will not compete with the banking or any other business conducted by any Employer during the period of the Executive's employment, nor will the Executive attempt to hire any employee of any Employer, assist in such hiring by any other person, encourage any such employee to terminate his or her relationship with any Employer, or interfere with or damage (or attempt to interfere with or damage) any relationship between any Employer and any customers of any Employer or solicit or encourage any customer of any Employer to terminate its relationship with any Employer or to conduct with any other person any business or activity which such customer conducts or could conduct with any Employer.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Agreement (Benjamin Franklin Bancorp, Inc.), Supplemental Executive Retirement Agreement (Benjamin Franklin Bancorp, Inc.), Supplemental Executive Retirement Agreement (Benjamin Franklin Bancorp, Inc.)

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While Employed. During such time as the Executive is employed by the Bank or the Holding Companyhereunder, the Executive will not compete with the banking or any other business conducted by any Employer during the period of the Executive's employmentemployment hereunder, nor will the Executive attempt to hire any employee of any Employer, assist in such hiring by any other personPerson, encourage any such employee to terminate his or her relationship with any Employer, or interfere with or damage (or attempt to interfere with or damage) any relationship between any Employer and any customers of any Employer or solicit or encourage any customer of any Employer to terminate its relationship with any Employer or to conduct with any other person any business or activity which such customer conducts or could conduct with any Employer.

Appears in 3 contracts

Samples: Employment Agreement (Benjamin Franklin Bancorp, M.H.C.), Employment Agreement (Benjamin Franklin Bancorp, M.H.C.), Employment Agreement (Benjamin Franklin Bancorp, M.H.C.)

While Employed. During such time as the Executive is employed by the Bank or the Holding Companyhereunder, the Executive will not compete with the banking or any other business conducted by any Employer during the period of the Executive's employment’s employment hereunder, nor will the Executive attempt to hire any employee of any Employer, assist in such hiring by any other personPerson, encourage any such employee to terminate his or her relationship with any Employer, or interfere with or damage (or attempt to interfere with or damage) any relationship between any Employer and any customers of any Employer or solicit or encourage any customer of any Employer to terminate its relationship with any Employer or to conduct with any other person any business or activity which such customer conducts or could conduct with any Employer.

Appears in 2 contracts

Samples: Employment Agreement (Benjamin Franklin Bancorp, Inc.), Employment Agreement (Benjamin Franklin Bancorp, Inc.)

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While Employed. During such time as the Executive is employed by the Bank or the Holding Company, the Executive will not compete with the banking or any other business conducted by any Employer during the period of the Executive's ’s employment, nor will the Executive attempt to hire any employee of any Employer, assist in such hiring by any other person, encourage any such employee to terminate his or her relationship with any Employer, or interfere with or damage (or attempt to interfere with or damage) any relationship between any Employer and any customers of any Employer or solicit or encourage any customer of any Employer to terminate its relationship with any Employer or to conduct with any other person any business or activity which such customer conducts or could conduct with any Employer.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Benjamin Franklin Bancorp, Inc.), Supplemental Executive Retirement Agreement (Benjamin Franklin Bancorp, Inc.)

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