Common use of New Financial Institution Clause in Contracts

New Financial Institution. Executive agrees that, during the period of Executive’s employment by Employer hereunder and, following the termination of Executive’s employment for any reason, for the duration of the Post-Termination Period, Executive will not work for or with, consult for, or otherwise be affiliated with or be employed by any person or group of persons proposing to establish a new bank or other financial institution.

Appears in 3 contracts

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

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New Financial Institution. Executive agrees that, during the period of Executive’s employment by Employer Bank hereunder and, following the termination of Executive’s employment for any reason, for the duration of the Post-Termination Period, Executive will not work for or with, consult for, or otherwise be affiliated with or be employed by any person or group of persons proposing to establish a new bank or other financial institution.

Appears in 2 contracts

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

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New Financial Institution. Executive agrees that, during the period of Executive’s employment by Employer Company hereunder and, following the termination of Executive’s employment for any reason, for the duration of the Post-Termination Period, Executive will not work for or with, consult for, or otherwise be affiliated with or be employed by any person or group of persons proposing to establish a new bank or other financial institution.

Appears in 1 contract

Samples: Employment Agreement (Reliant Bancorp, Inc.)

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