Common use of Covenant Not to Compete Clause in Contracts

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank for one year after employment termination. For purposes of this Section 7.2:

Appears in 14 contracts

Samples: Employment Agreement (HV Bancorp, Inc.), Employment Agreement (Athens Bancshares Corp), Athens Federal Community Bank Employment Agreement (Athens Bancshares Corp)

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Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank Employer for one year after employment termination. For purposes of this Section 7.2:

Appears in 9 contracts

Samples: Employment Agreement (First Savings Financial Group Inc), Employment Agreement (First Savings Financial Group Inc), Employment Agreement (First Savings Financial Group Inc)

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank Company for one year after employment termination. For purposes of this Section 7.2:

Appears in 9 contracts

Samples: Employment Agreement (Fraternity Community Bancorp Inc), Employment Agreement (MB Bancorp Inc), Employment Agreement (Fraternity Community Bancorp Inc)

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank Employer for one year after employment termination. For purposes of this Section 7.2:section –

Appears in 6 contracts

Samples: Amended Employment Agreement (First Reliance Bancshares Inc), Employment Agreement (First Reliance Bancshares Inc), Employment Agreement (First Reliance Bancshares Inc)

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank Association for one year after employment termination. For purposes of this Section 7.2:

Appears in 6 contracts

Samples: Employment Agreement (Fraternity Community Bancorp Inc), Employment Agreement (Fraternity Community Bancorp Inc), Employment Agreement (Fraternity Community Bancorp Inc)

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank for one year after employment terminationthe Executive’s involuntary termination without cause or voluntary termination for Good Reason. For purposes of this Section 7.2:

Appears in 5 contracts

Samples: Employment Agreement (Franklin Financial Corp), Employment Agreement (Franklin Financial Corp), Employment Agreement (Franklin Financial Corp)

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank Corporation for one year after employment termination. For purposes of this Section 7.2:

Appears in 3 contracts

Samples: Employment Agreement (Athens Bancshares Corp), Employment Agreement (Athens Bancshares Corp), Athens Bancshares Corporation Employment Agreement (Athens Bancshares Corp)

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank or its affiliates for one year after employment termination. For purposes of this Section 7.2:

Appears in 3 contracts

Samples: Employment Agreement (Naugatuck Valley Financial Corp), Employment Agreement (Naugatuck Valley Financial Corp), Employment Agreement (Naugatuck Valley Financial Corp)

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank or affiliates for one year after employment termination. For purposes of this Section 7.2:section –

Appears in 2 contracts

Samples: Employment Agreement (Silver State Bancorp), Employment Agreement (Silver State Bancorp)

Covenant Not to Compete. (ai) The Executive covenants and agrees not to compete directly or indirectly with the Bank Company for one year after employment termination. For purposes of this Section 7.2:7(b):

Appears in 2 contracts

Samples: Employment Agreement (Central Federal Bancshares, Inc), Employment Agreement (Central Federal Bancshares, Inc)

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Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank Employer or affiliates for one year after employment termination. For purposes of this Section 7.2:section –

Appears in 2 contracts

Samples: Employment Agreement (Silver State Bancorp), Employment Agreement (Silver State Bancorp)

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank or the Company for one year after employment termination. For purposes of this Section 7.2:

Appears in 2 contracts

Samples: Employment Agreement (HV Bancorp, Inc.), Employment Agreement (HV Bancorp, Inc.)

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank Employer for one year after employment termination. For purposes of this Section 7.2:section -

Appears in 2 contracts

Samples: Employment Agreement (Community First Bancorp), Employment Agreement (First South Bancorp Inc)

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank or the Corporation or any of their affiliates for one year two (2) years after employment termination. For purposes of this Section 7.2:

Appears in 1 contract

Samples: Employment Agreement (Jefferson Bancshares Inc)

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank Employer for one (1) year after employment termination. For purposes of this Section 7.2:

Appears in 1 contract

Samples: Employment Agreement (Fairfield County Bank Corp.)

Covenant Not to Compete. (a) The Executive covenants and agrees not to compete directly or indirectly with the Bank Employers for one year after employment termination. For purposes of this Section 7.2:

Appears in 1 contract

Samples: Employment Agreement (Sandy Spring Bancorp Inc)

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