Common use of Hiring of Company Employees Clause in Contracts

Hiring of Company Employees. During the term of the Employee's employment hereunder, and for a period of twelve (12) months following the date on which Employee's termination of employment with the Company becomes effective, the Employee shall not, except in the course of the performance of his duties hereunder or with the prior approval of the Board, in any way directly or indirectly, with respect to any person who to the Employee's knowledge was employed by the Company or its affiliates ("Company Employee") at any time during the period commencing 12 months prior to the date of the hiring of such Company Employee, hire or cause to be hired any Company Employee, or contract the services of any closely held private corporation or other entity in which such Company Employee is an officer or director or holds a 25% or greater equity ownership interest.

Appears in 7 contracts

Samples: Employment Agreement (Rim Semiconductor CO), Employment Agreement (TTR Technologies Inc), Employment Agreement (TTR Technologies Inc)

AutoNDA by SimpleDocs

Hiring of Company Employees. During the term of the Employee's employment hereunder, and for a period of twelve (12) months following the date on which Employee's termination of employment with the Company becomes effective, the Employee shall not, except in the course of the performance of his duties hereunder or with the prior approval of the Board, in any way directly or indirectly, with respect to any person who to the Employee's knowledge was employed by the Company or its affiliates ("Company Employee") at any time during the period commencing 12 months prior to the date of the hiring of such Company Employee, hire or cause to be hired solicit for employment any Company Employee, or contract the services of any closely held private corporation or other entity in which such Company Employee is an officer or director or holds a 25% or greater equity ownership interest.

Appears in 2 contracts

Samples: Employment Agreement (Amedia Networks, Inc.), Employment Agreement (SPO Medical Inc)

AutoNDA by SimpleDocs

Hiring of Company Employees. During the term of the Employee's employment hereunder, and for a period of twelve (12) months following the date on which Employee's termination of employment with the Company becomes effective, the Employee shall not, except in the course of the performance of his duties hereunder or with the prior approval of the Board, in any way directly or indirectly, with respect to any person who to the Employee's knowledge was employed by the Company or its affiliates ("Company EmployeeCOMPANY EMPLOYEE") at any time during the period commencing 12 twelve (12) months prior to the date of the hiring of such Company Employee, hire or cause to be hired any Company Employee, or contract the services of any closely held private corporation or other entity in which such Company Employee is an officer or director or holds a twenty-five percent (25% %) or greater equity ownership interest.

Appears in 1 contract

Samples: Employment Agreement (Rim Semiconductor CO)

Time is Money Join Law Insider Premium to draft better contracts faster.