Common use of Workforce Protection Clause in Contracts

Workforce Protection. The Optionee understands that the Company has an important business interest in preserving and retaining its relationships with its employees and its Affiliates’ employees (collectively, the “Covered Employees”). In consideration of Optionee’s employment with the Company and/or this agreement, during the term of Optionee’s employment and for one year thereafter, the Optionee promises that Optionee will not directly or indirectly or in cooperation with others: (i) Seek, encourage, solicit, or attempt to solicit any Covered Employee to leave his or her employment for any reason or in any way interfere with his or her employment relationship; (ii) Induce or attempt to induce any Covered Employee to accept employment with, work for, render services or provide advice to or supply confidential business information or trade secrets of the Company or its Affiliates to any other person; or (iii) Employ, or otherwise pay for services rendered by, any Covered Employee in any other business enterprise. As part of the Optionee’s obligations to the Company and without limiting the foregoing, Optionee specifically agrees that for the one year period after Optionee’s employment with the Company terminates, Optionee will not interview, recommend for hire, identify or provide any input to any third party in which Optionee has an interest as an employee, officer, consultant, director or owner about any Covered Employee where the purpose or outcome of such action by Optionee is to recruit, provide a reference or otherwise assist a Covered Employee to leave his or her employment and join the third party in which the Optionee has an interest as described herein. The Optionee also acknowledges that Optionee’s promises as contained herein are not excused in circumstances where the Covered Employee initiates a discussion of this nature with Optionee. In that event, Optionee agrees to advise the Covered Employee of Optionee’s obligations hereunder. The Optionee further agrees that during the one year period after the Optionee leaves the Company, Optionee will inform any new employer Optionee may have of Optionee’s obligations under this Agreement.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Adc Telecommunications Inc), Incentive Stock Option Agreement (Adc Telecommunications Inc)

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Workforce Protection. The Optionee understands that the Company has an important business interest in preserving and retaining its relationships with its employees and its Affiliates’ employees (collectively, the “Covered Employees”)employees. In consideration of Optionee’s employment with the Company and/or this agreement, during the term of Optionee’s employment and for one year Version Effective November 1, 2008 thereafter, the Optionee promises that Optionee will not directly or indirectly or in cooperation with others: (i) Seek, encourage, solicit, or attempt to solicit any Covered Employee employee of the Company to leave his or her employment the Company for any reason or in any way interfere with his or her employment relationshipthe relationship between any such employee and the Company; (ii) Induce or attempt to induce any Covered Employee employee of the Company to accept employment with, work for, render services or provide advice to or supply confidential business information or trade secrets of the Company or its Affiliates to any person or entity other personthan the Company; or (iii) Employ, or otherwise pay for services rendered by, any Covered Employee employee of the Company in any other business enterprise. As part of the Optionee’s obligations to the Company and without limiting the foregoing, Optionee specifically agrees that for the one year period after Optionee’s employment with the Company terminates, Optionee will not interview, recommend for hire, identify or provide any input to any third party in which Optionee has an interest as an employee, officer, consultant, director or owner about any Covered Employee a Company employee where the purpose or outcome of such action by Optionee is to recruit, provide a reference or otherwise assist a Covered Employee Company employee to leave his or her employment the Company and join the third party in which the Optionee has an interest as described herein. The Optionee also acknowledges that Optionee’s promises as contained herein are not excused in circumstances where the Covered Employee Company employee initiates a discussion of this nature with Optionee. In that event, Optionee agrees to advise the Covered Employee Company employee of Optionee’s obligations hereunder. The Optionee further agrees that during the one year period after the Optionee leaves the Company, Optionee will inform any new employer Optionee may have of Optionee’s obligations under this Agreement.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Adc Telecommunications Inc)

Workforce Protection. The Optionee understands that the Company has an important business interest in preserving and retaining its relationships with its employees and its Affiliates’ employees (collectively, the “Covered Employees”). In consideration of Optionee’s employment with the Company and/or this agreement, during the term of Optionee’s employment and for one year thereafter, the Optionee promises that Optionee will not directly or indirectly or in cooperation with others: (ia) Seek, encourage, solicit, or attempt to solicit any Covered Employee to leave his or her employment for any reason or in any way interfere with his or her employment relationship; (iib) Induce or attempt to induce any Covered Employee to accept employment with, work for, render services or provide advice to or supply confidential business information or trade secrets of the Company or its Affiliates to any other person; or (iiic) Employ, or otherwise pay for services rendered by, any Covered Employee in any other business enterprise. As part of the Optionee’s obligations to the Company and without limiting the foregoing, Optionee specifically agrees that for the one one-year period after Optionee’s employment with the Company terminates, Optionee will not interview, recommend for hire, identify or provide any input to any third party in which Optionee has an interest as an employee, officer, consultant, director or owner about any Covered Employee where the purpose or outcome of such action by Optionee is to recruit, provide a reference or otherwise assist a Covered Employee to leave his or her employment and join the third party in which the Optionee has an interest as described herein. The Optionee also acknowledges that Optionee’s promises as contained herein are not excused in circumstances where the Covered Employee initiates a discussion of this nature with Optionee. In that event, Optionee agrees to advise the Covered Employee of Optionee’s obligations hereunder. The Optionee further agrees that during the one one-year period after the Optionee leaves the Company, Optionee will inform any new employer Optionee may have of Optionee’s obligations under this Agreement.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Adc Telecommunications Inc)

Workforce Protection. The Optionee understands that the Company has an important business interest in preserving and retaining its relationships with its employees and its Affiliates’ employees (collectively, the “Covered Employees”). In consideration of Optionee’s employment with the Company and/or this agreement, during the term of Optionee’s employment and for one year thereafter, the Optionee promises that Optionee will not directly or indirectly or in cooperation with others: (ia) Seek, encourage, solicit, or attempt to solicit any Covered Employee to leave his or her employment for any reason or in any way interfere with his or her employment relationship; (iib) Induce or attempt to induce any Covered Employee to accept employment with, work for, render services or provide advice to or supply confidential business information or trade secrets of the Company or its Affiliates to any other person; or (iiic) Employ, or otherwise pay for services rendered by, any Covered Employee in any other business enterprise. As part of the Optionee’s obligations to the Company and without limiting the foregoing, Optionee specifically agrees that for the one year period after Optionee’s employment with the Company terminates, Optionee will not interview, recommend for hire, identify or provide any input to any third party in which Optionee has an interest as an employee, officer, consultant, director or owner about any Covered Employee where the purpose or outcome of such action by Optionee is to recruit, provide a reference or otherwise assist a Covered Employee to leave his or her employment and join the third party in which the Optionee has an interest as described herein. The Optionee also acknowledges that Optionee’s promises as contained herein are not excused in circumstances where the Covered Employee initiates a discussion of this nature with Optionee. In that event, Optionee agrees to advise the Covered Employee of Optionee’s obligations hereunder. The Optionee further agrees that during the one year period after the Optionee leaves the Company, Optionee will inform any new employer Optionee may have of Optionee’s obligations under this Agreement.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Adc Telecommunications Inc)

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Workforce Protection. The Optionee understands that the Company has an important business interest in preserving and retaining its relationships with its employees and its Affiliates’ employees (collectively, the “Covered Employees”)employees. In consideration of Optionee’s employment with the Company and/or this agreement, during the term of Optionee’s employment and for one year thereafter, the Optionee promises that Optionee will not directly or indirectly or in cooperation with others:: Version Effective November 1, 2008 7 (i) Seek, encourage, solicit, or attempt to solicit any Covered Employee employee of the Company to leave his or her employment the Company for any reason or in any way interfere with his or her employment relationshipthe relationship between any such employee and the Company; (ii) Induce or attempt to induce any Covered Employee employee of the Company to accept employment with, work for, render services or provide advice to or supply confidential business information or trade secrets of the Company or its Affiliates to any person or entity other personthan the Company; or (iii) Employ, or otherwise pay for services rendered by, any Covered Employee employee of the Company in any other business enterprise. As part of the Optionee’s obligations to the Company and without limiting the foregoing, Optionee specifically agrees that for the one year period after Optionee’s employment with the Company terminates, Optionee will not interview, recommend for hire, identify or provide any input to any third party in which Optionee has an interest as an employee, officer, consultant, director or owner about any Covered Employee a Company employee where the purpose or outcome of such action by Optionee is to recruit, provide a reference or otherwise assist a Covered Employee Company employee to leave his or her employment the Company and join the third party in which the Optionee has an interest as described herein. The Optionee also acknowledges that Optionee’s promises as contained herein are not excused in circumstances where the Covered Employee Company employee initiates a discussion of this nature with Optionee. In that event, Optionee agrees to advise the Covered Employee Company employee of Optionee’s obligations hereunder. The Optionee further agrees that during the one year period after the Optionee leaves the Company, Optionee will inform any new employer Optionee may have of Optionee’s obligations under this Agreement.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Adc Telecommunications Inc)

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