Nonrecruitment of Employees. Employee expressly agrees that during the Restricted Period, Employee will not, on behalf of himself/herself or any other person, business, or entity (either directly or indirectly, by assisting or acting in concert with others), solicit, recruit, or encourage, or attempt to solicit, recruit, or encourage any of the Company’s employees, in an effort to hire such employees away from the Company, or to encourage any of the Company’s employees to leave employment with the Company to work for a Competing Business.
Nonrecruitment of Employees. Employee hereby agrees that, for two (2) years following the Effective Time or for two (2) years following Employee’s affiliation with Buyer or SNB as an officer, employee, or consultant (whichever period is longer), Employee shall not, without the prior written consent of the Buyer’s Chief Executive Officer, which consent may be withheld at the sole discretion of the Buyer’s Chief Executive Officer, directly or indirectly solicit or recruit or attempt to solicit or recruit for employment or encourage to leave employment with Buyer or any of its Affiliated Companies, on his or her own behalf or on behalf of any other Person, (i) any then-current employee of Buyer or any of its Affiliated Companies or (ii) any employee of Seller who worked at Seller or any of its Affiliated Companies during Employee’s services as a manager of Seller or any Seller Affiliated Company and who has not ceased employment for a minimum of a six month period with Buyer, Seller, or any Affiliated Companies, as applicable. It is acknowledged that general advertisements shall not be deemed to violate this provision.
Nonrecruitment of Employees. Director hereby agrees that, for three (3) years following the Effective Time, Director shall not, without the prior written consent of the Buyer’s Chief Executive Officer, which consent may be withheld at the sole discretion of the Buyer’s Chief Executive Officer, directly or indirectly solicit or recruit or attempt to solicit or recruit for employment or encourage to leave employment with Buyer or any of its Affiliated Companies, on his or her own behalf or on behalf of any other Person, (i) any then-current employee of Buyer or any of its Affiliated Companies or (ii) any employee of Seller who worked at Seller or any of its Affiliated Companies during Director’s services as a director of Seller or any Seller Affiliated Company and who has not ceased employment for a minimum of a six month period with Buyer, Seller or any Affiliated Companies, as applicable. It is acknowledged that general advertisements shall not be deemed to violate this provision.
Nonrecruitment of Employees. In consideration of the compensation and benefits being paid and to be paid by Company to Executive hereunder, Executive hereby agrees that, during employment with Company and for one (1) year after the termination of Executive's employment, Executive shall not, directly or indirectly solicit or recruit for employment or encourage to leave employment with Company, on his own behalf or on behalf of any other person or entity other than Company or any affiliate of Company, any person with whom Executive worked, or about whom Executive gained Confidential Information, during Executive's employment and who performed services for Company clients or worked on Company products or services while employed by Company and who has not thereafter ceased to be employed by Company for a period of at least one (1) year. Executive agrees to exercise his best efforts to prevent any of the activities listed in this section from occurring.
Nonrecruitment of Employees. Director hereby agrees that, for two years following the last to occur of (i) the Effective Time of the Merger and (ii) the Director’s resignation or removal or otherwise ceasing to be a director of both the Bank and the Surviving Corporation, Director shall not, without the prior written consent of the Surviving Corporation’s Chief Executive Officer, which consent may be withheld at the sole discretion of the Surviving Corporation’s Chief Executive Officer, on his own behalf or on behalf of any other Person other than the Surviving Corporation or any of the Surviving Corporation’s Affiliated Companies, directly or indirectly solicit or recruit for employment or encourage to leave employment with the Surviving Corporation or any of the Surviving Corporation’s Affiliated Companies, any employee of the Surviving Corporation or any of the Surviving Corporation’s Affiliated Companies with whom Director worked during Director’s services as a director of Merger Partner, any Merger Partner Affiliated Company, or any Surviving Corporation Affiliated Company and who performed services for Merger Partner, the Surviving Corporation or any of their respective Affiliated Companies and who has not thereafter ceased to be employed by Merger Partner, the Surviving Corporation or any of their Affiliated Companies for a period of one year or more.
Nonrecruitment of Employees. Director hereby agrees that until the later of two years following the Effective Time of the Merger or one year following the termination of service as an advisory director of CresCom (if applicable), Director shall not, without the prior written consent of Buyer’s Chief Executive Officer, which consent may be withheld at the sole discretion of Buyer’s Chief Executive Officer, directly or indirectly, on behalf of himself or any other Person, solicit or recruit for employment or encourage to leave employment with Buyer or any of Buyer’s Affiliated Companies, any employee of Buyer or of any Buyer’s Affiliated Companies with whom Director worked during Director’s services as a director of Seller or any Seller Affiliated Company and who performed services for Seller, Buyer, or any of their Affiliated Companies’ customers and who has not thereafter ceased to be employed by Seller, Buyer or any of their Affiliated Companies for a period of not less than one year.
Nonrecruitment of Employees. In consideration of the Merger Consideration being paid and to be paid to Employee pursuant to the Acquisition Agreement, including the options to purchase shares of Crescent Common Stock granted pursuant to Section 8.8 of the Acquisition Agreement, and this Agreement, Employee hereby agrees that, for three (3) years following the Effective Time, Employee shall not, without the prior written consent of the Chief Executive Officer of the Bank, which consent may be withheld at the sole discretion of the Chief Executive Officer of the Bank, directly or indirectly solicit or recruit for employment or encourage to leave employment with the Bank, the Company the Bank or any Affiliated Company, on his own behalf or on behalf of any other person or entity other than the Bank, the Company or any Affiliated Company, any employee of the Bank with whom Employee worked during the Employee’s employment with Futurus, Futurus Bank, the Bank, the Company or any Affiliated Company and who performed services for the Futurus, Futurus Bank, the Bank, the Company or any Affiliated Company clients or worked on Futurus, Futurus Bank, the Bank, the Company or any Affiliated Company products or services while employed by Futurus, Futurus Bank, the Bank, the Company or any Affiliated Company and who has not thereafter ceased to be employed by the Bank, the Company or any Affiliated Company for a period of at least one (1) year. Employee will not engage in such activities, directly or indirectly, or encourage or facilitate any other Person with respect to such activities.
Nonrecruitment of Employees. In consideration of the compensation and benefits being paid and to be paid by Company to Employee hereunder, Employee hereby agrees that, during employment with Company and for one (1) year after the termination of Employee's employment, Employee shall not, directly or indirectly solicit or recruit for employment or encourage to leave employment with Company, on his own behalf or on behalf of any other person or entity other than Company or any affiliate of Company, any person with whom Employee worked during Employee's employment and who performed services for Company clients or worked on Company products or services while employed by Company and who has not thereafter ceased to be employed by Company for a period of at least one (1) year. Employee agrees to exercise his best efforts to prevent any of the activities listed in this section from occurring.
Nonrecruitment of Employees. Director hereby agrees that for a period of two years following the Effective Time of the Merger, Director shall not, without the prior written consent of FBNC’s Chief Executive Officer, which consent may be withheld at the sole reasonable discretion of FBNC’s Chief Executive Officer, directly or indirectly, on behalf of himself or any other Person, solicit or recruit for employment or encourage to leave employment with FBNC or any of FBNC’s Affiliated Companies, any employee of FBNC or of any FBNC’s Affiliated Companies with whom Director worked during Director’s service as a director of Carolina Bank Holdings or any Carolina Bank Holdings Affiliated Company and who performed services for Carolina Bank Holdings, FBNC, or any of their Affiliated Companies’ customers and who has not thereafter ceased to be employed by Carolina Bank Holdings, FBNC or any of their Affiliated Companies for a period of not less than one year.
Nonrecruitment of Employees. Employee agrees that during the Employment Term and for a period of one (1) year after termination of the Employment Term for any reason, Employee shall not, on Employee’s own behalf or on behalf of any other person or entity, hire, solicit, seek to hire, or offer employment to any person who was employed by the Company on the date of termination of the Employment Term, or who is a current employee of the Company. Employee further agrees that Employee will not, in any other manner attempt, directly or indirectly, to influence, induce, or encourage any person who was employed by the Company on the date of termination of the Employment Term or who is a current or prospective employee of the Company to leave the employment of the Company.
