Common use of Non-Competition Period Clause in Contracts

Non-Competition Period. If Employee's employment with Employer shall cease for any reason during the Period of Employment as defined in paragraph 1(a) of this Agreement, the "non-competition period" shall begin on the date the first payment is made pursuant to the terms of this Agreement and shall end on the earlier of (i) the date that is 18 months after the date the final payment is made pursuant to the terms of this Agreement, or (ii) December 31, 2007.

Appears in 3 contracts

Samples: Employment Agreement (Community Bank System Inc), Employment Agreement (Community Bank System Inc), Employment Agreement (Grange National Banc Corp)

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Non-Competition Period. If Employee's employment with Employer shall cease for any reason during the Period of Employment as defined in paragraph 1(a) of this Agreement, the "non-competition period" shall begin on the date the first final payment is made pursuant to the terms of this Agreement and shall end on the earlier of (i) the date that is 18 months after the date the final payment is made pursuant to the terms of this Agreement, or (ii) December 31, 2007.

Appears in 2 contracts

Samples: Employment Agreement (Community Bank System Inc), Employment Agreement (Community Bank System Inc)

Non-Competition Period. If Employee's employment with Employer shall cease for any reason during the Period of Employment as defined in paragraph 1(a) of this Agreement, the "non-competition period" shall begin on the date the first payment is made pursuant to the terms of this Agreement and shall end on the earlier of (i) the date that is 18 months after the date the final payment is made pursuant to the terms of this Agreement, or (ii) December 31, 2007.

Appears in 2 contracts

Samples: Employment Agreement (Community Bank System Inc), Employment Agreement (Community Bank System Inc)

Non-Competition Period. If Employee's employment with Employer shall cease for any reason during the Period of Employment as defined in paragraph Paragraph 1(a) of this Agreement, the "non-competition period" shall begin on the date the first final payment is made pursuant to the terms of this Agreement and shall end on the earlier of (i) the date that is 18 months after the date the final payment is made pursuant to the terms of this Agreement, or (ii) December 31, 2007.

Appears in 1 contract

Samples: Employment Agreement (Community Bank System Inc)

Non-Competition Period. If Employee's employment with Employer shall cease for any reason during the Period of Employment as defined in paragraph 1(a) of this Agreement, the "non-competition period" shall begin on the date the first payment is made pursuant to the terms of this Agreement and shall end on the earlier of (i) the date that is 18 months after the date the final payment is made pursuant to the terms of this Agreement, or (ii) December 31, 20072008.

Appears in 1 contract

Samples: Employment Agreement (Community Bank System Inc)

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Non-Competition Period. If Employee's employment with Employer shall cease for any reason during the Period of Employment as defined in paragraph 1(a) of this Agreement, the The "non-competition period" shall begin on the date the first payment is made pursuant to the terms of this Agreement and shall end on the earlier of (i) the date that is 18 months after the date the final payment is made pursuant to the terms of this Agreement; provided, however, that the non-competition period shall end on the date Employee's employment ends in the event of Employee's termination for good reason (as defined in paragraph 6(e)), or Employee's termination without cause (ii) December 31as defined in paragraph 3(d)), 2007within two years following a Change of Control that occurs during the Period of Employment.

Appears in 1 contract

Samples: Employment Agreement (Community Bank System Inc)

Non-Competition Period. If Employee's employment with Employer shall cease for any reason during the Period of Employment as defined in paragraph Paragraph 1(a) of this Agreement, the "non-competition period" shall begin on the date the first final payment is made pursuant to the terms of this Agreement and shall end on the earlier of (i) the date that is 18 months after the date the final payment is made pursuant to the terms of this Agreement, or (ii) December 31, 2007.

Appears in 1 contract

Samples: Employment Agreement (Community Bank System Inc)

Non-Competition Period. If Employee's employment with Employer shall cease for any reason during the Period of Employment as defined in paragraph Paragraph 1(a) of this Agreement, the "non-competition period" shall begin on the date the first payment is made pursuant to the terms of this Agreement Employee's termination and shall end on the earlier later of (i) the date that is 18 months after second anniversary of the date the final payment is made pursuant to the terms of this AgreementEmployee's termination, or (ii) December 31, 20072002.

Appears in 1 contract

Samples: Employment Agreement (Community Bank System Inc)

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