Common use of Employee Solicitation Clause in Contracts

Employee Solicitation. During employment, and for a period of nine months thereafter, Executive shall not (i) directly or indirectly solicit any employee of the Company or any of Company's affiliates to leave the employ of any such entity or in any way interfere adversely with the relationship between any such employee and any such entity, (ii) directly or indirectly solicit any employee of the Company or any affiliates to work for, render services or provide advice to or supply confidential business information or trade secrets of any such entity to any third person, firm or corporation, or (iii) directly or indirectly solicit any existing customers and potential customers that have an unexpired written proposals under consideration. For purposes of the foregoing, solicitation shall not include solicitation of employees, vendors or customers (i) who first solicit employment or a relationship from Executive, or (ii) who are solicited (A) by advertising in periodicals of general circulation or by general circulation Internet advertising, or (B) by a search or consulting firm on behalf of Executive or Executive's affiliates, so long as Executive or such affiliates did not direct or encourage such firm to solicit such employee, vendor or customer of the Company. If any restriction set forth in this paragraph is held to be unreasonable, then Executive and the Company agree, and hereby submit, to the reduction and limitation of such prohibition to such area or period as shall be deemed reasonable.

Appears in 5 contracts

Samples: Employment Agreement (Stockpoint Inc), Employment Agreement (Stockpoint Inc), Employment Agreement (Stockpoint Inc)

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