Anti-Poaching Clause Clause Samples
An anti-poaching clause is a contractual provision that prohibits one party from soliciting or hiring employees or contractors from the other party during and sometimes after the term of the agreement. Typically, this clause applies to both direct and indirect recruitment efforts, and may specify a time frame—such as one or two years—during which the restriction is in effect. Its core practical function is to protect each party’s workforce and business relationships, thereby preventing disruption and unfair competitive advantage that could arise from staff being enticed away.
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Anti-Poaching Clause. Sellers acknowledge and agree that the Employees set forth in Schedule 6.12 (each a “Key Employee”) possess proprietary trade secrets regarding the Companies’ business, and are likely to lure away the Companies’ clients and/or provide unique or extraordinary services to the Companies. Sellers acknowledge and agree the foregoing attributes of the Key Employees constitute valuable intellectual capital of the Companies, and are a bargained-for advantage of the transaction. Sellers further acknowledge and agree that, through their positions, they have special knowledge regarding the Key Employees’ skills and abilities, and a special hold on the goodwill of Key Employees toward the Companies. Therefore, until twelve (12) months after Closing, Sellers agree not to solicit any Key Employee while he or she remains an Employee of any Company; provided that the foregoing shall not prevent the Sellers from conducting general solicitations not targeted at Key Employees. Sellers further agree not to offer employment to any Key Employee, other than any Key Employee that is involuntarily terminated by any of the Companies or their Affiliates after Closing, from a general solicitation until six (6) months after Closing.
Anti-Poaching Clause. THE DRIVER and MAVAVA TRADING each agree not to solicit or in any way entice to leave, interview, hire or contract with, either directly or indirectly, any clients or independent contractors affiliated with the other, or any of its affiliates, during the term of this Agreement, and for a period of one (1) year following termination of this Agreement. THE DRIVER is not allowed to render services to any of MAVAVA TRADING’s clients in its own capacity as an individual or independent contractor. If THE DRIVER is found to be breach of this clause THE DRIVER will be liable to refund MAVAVA TRADING the equivalent of 12 month’s lost earning.
(a) Expertise to be made available to THE CLIENT:
