Common use of No Interference and Non-Solicitation of Customers and Suppliers Clause in Contracts

No Interference and Non-Solicitation of Customers and Suppliers. During the Restricted Period, the Executive shall not, whether for the Executive’s own account or for the account of any other individual, partnership, firm, corporation or other business organization, knowingly (i) solicit, encourage or induce any Customer or Supplier to cease doing business with the Company or any of the Company’s subsidiaries or (ii) interfere with, impair or damage the relationship between the Company or any of the Company’s subsidiaries and any Customer or Supplier; provided, however, that this Section 1(d) shall not prohibit the Executive from soliciting or employing, for the Executive’s own account, following a termination of the employment of the Executive, any person employed by a Customer or Supplier, if such solicitation or employment is not in connection with a Competitive Activity. “Customer or Supplier” shall mean any entity who, to the knowledge of the Executive, (A) is, or was within the then most recent 12‑month period, a customer or client of the Company, any predecessor of the Company or any of the Company’s subsidiaries; (B) is a supplier or vendor of the Company or any of the Company’s subsidiaries; or (C) is a potential Customer or Supplier with whom the Company or any of the Company’s subsidiaries was engaged in substantial negotiations during the Executive’s employment.

Appears in 5 contracts

Samples: Employment Agreement (FTD Companies, Inc.), Employment Agreement (FTD Companies, Inc.), Employment Agreement (FTD Companies, Inc.)

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