Nonsolicitation of Seller's Employees Sample Clauses

Nonsolicitation of Seller's Employees. In consideration of, among matters, the willingness of Seller to provide Purchaser with the opportunity to interview and hire any of the Branch Related Employees, Purchaser agrees that, except in accordance with Section 11.6, for a period of one year following the Closing Date, neither Purchaser nor any of its Affiliates shall on behalf of itself and each of its Affiliates, directly or indirectly, solicit for employment, solicit as an independent contractor or consultant, induce to terminate employment with Seller or otherwise interfere with Seller's employment relationship with, any Branch Employee or Branch Related Employee, who is not employed by Purchaser pursuant to Section 11.6, or any other employee or officer of Seller, Fleet, Shawmut or any of their respective Affiliates, whose responsibilities or duties relate to banking or other businesses of Seller, Fleet, Shawmut or any of their respective Affiliates within the state (or states) in which the Branches are located. It is expressly acknowledged by the parties hereto that Purchaser may employ or retain as an independent contractor or consultant any such Branch Employee, Transferred Employee or other employee or officer who shall terminate his or her employment with Seller, Fleet, Shawmut or any of their respective Affiliates without any such direct or indirect solicitation by Purchaser or who shall be terminated by Seller, Fleet, Shawmut or any of their respective Affiliates; provided that such employment or retention shall not be prohibited by any agreement between such Branch Employee, Transferred Employee or other employee or officer and Seller, Fleet, Shawmut or any of their respective Affiliates.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Nonsolicitation of Seller's Employees. (a) In consideration of, among other things, the willingness of Sellers to provide Purchaser with the opportunity to interview and hire the Business Related Employees, Purchaser and its Affiliates agree that, except in accordance with this Section 8.4, for a period beginning on the First Closing Date and ending on the second (2nd) anniversary of the Third Closing Date, they shall not, directly or indirectly, solicit for employment, retain as an independent contractor or consultant, induce to terminate employment with Sellers or otherwise interfere with Sellers' employment relationship with, any employee or officer of Sellers or any of their respective Affiliates who is not employed by Purchaser pursuant to Section 8.6; provided, however, that this Section 8.4 shall not apply (i) if any such employee has been terminated by Sellers or any of their Affiliates for any reason, (ii) if such employee is hired by Purchaser or any of its Affiliates as a result of a general solicitation for employment in newspaper advertisements or other periodicals of general circulation not specifically targeted to employees of Sellers, or (iii) if Fleet indicates by written consent that it shall not apply to any employee.
Sample 1
Nonsolicitation of Seller's Employees. Purchaser covenants and agrees that for a period of 2 years following the Closing Date it shall not, and shall cause its Subsidiaries not to, solicit, directly or indirectly, any employee of Seller or any of its Subsidiaries (at a time when such person is an employee of Seller or any of its Subsidiaries) to terminate his or her employment relationship with Seller or any of its Subsidiaries; provided, however, that nothing herein shall ----------------- prohibit Purchaser or any of its Subsidiaries from (i) generalized solicitations of potential employees by use of advertisements in the media that are not targeted at the employees of Seller or any of its Subsidiaries, (ii) incidental solicitations by search firms that have not been encouraged or requested to solicit employees of Seller or any of its Subsidiaries or (iii) hiring individuals not solicited in contravention of this Section 13.3.
Sample 1
Nonsolicitation of Seller's Employees. In consideration of, among other things, the willingness of Seller to provide Purchaser with the opportunity to interview and hire any of the Employees, Purchaser and its Affiliates agree that, except in accordance with Section 11.6, from the date hereof through the first anniversary of the Closing Date, Purchaser shall not, directly or indirectly, solicit for employment, retain as an independent contractor or consultant, induce to terminate employment with Seller or otherwise interfere with Seller's employment relationships with, any Employee who is not employed by Purchaser immediately following the Closing pursuant to Section 11.6. It is expressly acknowledged by the parties hereto that Purchaser may employ as an employee or retain as an independent contractor or consultant any such Employee or other such employee who shall terminate his or her employment with Seller, without any such direct or indirect inducement or interference by, or other pre-termination contact with, Purchaser or who shall be terminated by Seller, in either case after the Closing Date; provided that such employment or retention shall not be prohibited by any then-existing agreement between such employee and the Seller.
Sample 1
Nonsolicitation of Seller's Employees. Purchaser agrees that, except in accordance with Section 11.5, for a period of one year following the Closing Date, it shall not, directly or indirectly, solicit for employment, retain as an independent contractor or consultant, induce to terminate employment with Seller or otherwise interfere with Seller's employment relationship with, any branch employee or branch related employee, who is not employed by Purchaser pursuant to Section 11.5, or any other employee or officer of Seller, Fleet, or any of their respective Affiliates, whose responsibilities or duties relate to banking or other businesses of Seller, Fleet, or any of their respective Affiliates within the state in which the Branches are located. It is expressly acknowledged by the parties hereto that Purchaser may employ or retain as an independent contractor or consultant any employee or officer, who shall terminate his or her employment with Seller, Fleet or any of their respective Affiliates without any such direct or indirect inducement or interference by, or other pre-termination contact with, Purchaser or who shall be terminated by Seller, Fleet or any of their respective Affiliates in either case after the Closing Date; provided that such employment or retention shall not be prohibited by any agreement between such employee or officer and Seller, Fleet or any of their respective Affiliates.
Sample 1
Nonsolicitation of Seller's Employees. In consideration of, among other things, the willingness of Seller to provide Purchaser with the opportunity to interview and hire the Bank Employees, Purchaser and its Affiliates agree that, except in accordance with this Section 9.7, for a period of two years following the Closing Date, it shall not, directly or indirectly, solicit for employment any person who is employed by Seller or any of its Affiliates, provided, however, that this Section 9.7 shall not apply (i) if any such employee has been terminated by Seller or any of its Affiliates for any reason or (ii) if such employee is hired by Purchaser or any of its Affiliates as a result of a general solicitation for employment in newspaper advertisements or other periodicals of general circulation not specifically targeted to employees of Seller.
Sample 1
Nonsolicitation of Seller's Employees. In consideration of, among other things, the willingness of Seller to provide Buyer with the opportunity to interview and hire the California Branch Employees, Buyer and its Affiliates, including Zions Bancorporation and the Affiliates of Zions Bancorporation, agree that, except in accordance with this section 8.04, for a period beginning on the date of this Agreement and ending one year following the Closing Date, they shall not, directly or indirectly, solicit for employment, retain as an independent contractor or consultant, induce to terminate employment with Seller, or otherwise interfere with Seller's employment relationship with any employee or officer of Seller or any of its Affiliates who is not employed by Buyer pursuant to section 8.07; provided, however, that this section 8.04 shall not apply (i) if any such employee has been terminated by Seller or any of its Affiliates for any reason, or (ii) if such employee is hired by Buyer or any of its Affiliates as a result of a general solicitation for employment in newspaper advertisements or other periodicals of general circulation not specifically targeted to employees of Seller.
Sample 1
AutoNDA by SimpleDocs
Nonsolicitation of Seller's Employees. Seller makes a considerable investment in its employees, and Customer agrees not to directly or indirectly hire or employ any of Seller’s employees who provide Services to Buyer during the term of this Agreement and for a period of one (1) year thereafter. It is further agreed that any breach of this agreement will cause immediate and irreparable injury to Seller. In the event of such breach, Xxxxx agrees that Seller shall have the right to, in addition to other remedies available to it in law or equity, including an injunction, to be paid by Buyer, as liquidated damages, an amount equal to the total compensation paid by Seller to the affected Seller employee over the preceding twelve (12) months, or the total compensation to be paid by Buyer to the affected employee during their first twelve (12) months of employment with Buyer, whichever is greater.
Sample 1

Related to Nonsolicitation of Seller's Employees

  • Nonsolicitation of Employees While employed by the Company and for a period of six (6) months thereafter, Executive shall not directly or indirectly, for himself or for any other person, firm, corporation, partnership, association or other entity, attempt to employ or enter into any contractual arrangement with any employee or former employee of the Company, unless such employee or former employee has not been employed by the Company for a period in excess of six months.

  • Nonsolicitation of Protected Employees Executive understands and agrees that the relationship between the Company and each of its Protected Employees constitutes a valuable asset of the Company and may not be converted to Executive’s own use. Accordingly, Executive hereby agrees that during the Restricted Period, Executive shall not directly or indirectly on Executive’s own behalf or as a Principal or Representative of any Person or otherwise solicit or induce any Protected Employee to terminate his employment relationship with the Company or to enter into employment with any other Person.

  • Seller's Employees Purchaser will interview and evaluate in accordance with its normal employment procedures those Persons employed as field personnel in the capacity of pumper, foreman, operator, technician, mechanic, superintendent, repairman, utility man, or other similar field classifications by Seller in connection with the Subject Properties and identified by letter of even date herewith from Seller to Purchaser who desire to be considered for employment by Purchaser, and will offer in writing employment to those Persons for whom Purchaser in its sole discretion determines a need. If Purchaser fails to offer such employment to all of such Persons, Purchaser shall not, as a result of such failure, otherwise be in default under this Agreement, but shall be required to reimburse Seller for severance benefits paid by Seller to each such Person not offered employment by Purchaser; provided, that such reimbursement shall not exceed that amount determined by multiplying each such employee's normal weekly wage by twelve (12). Persons offered employment with Purchaser will be offered employment at their current work location with compensation and benefits comparable to those provided to Purchaser's current employees performing similar tasks, or, if none, with compensation and benefits comparable to those provided by Seller Such offers shall be made prior to Closing, but shall be contingent upon the occurrence of Closing and such employment shall not commence until Closing. If any such Person employed by Purchaser is terminated by Purchaser within six (6) months of Closing, Purchaser shall pay such Person a severance benefit equal to the amount determined by multiplying each such employee's normal weekly wage by ten (10). Purchaser shall have no obligation under this Section 13.19 with respect to Persons offered employment by Purchaser pursuant to this Section 13.19 who decline such employment, except that the foregoing provisions shall apply to the extent that such Person accepts employment with Purchaser or any of its Affiliates within twelve (12) months of Closing.

  • Nonsolicitation of Customers You shall not, while employed by Donnelley and for a period of 18 months from the date of Separation from Service with Donnelley for any reason, including your Separation from Service initiated by Donnelley with or without Cause, directly or indirectly, either on your own behalf or on behalf of any other person, firm or entity, solicit or provide services which are the same as or similar to the services Donnelley provided or offered while you were employed by Donnelley to any customer or prospective customer of Donnelley (i) with whom you had direct contact in the course of your employment with Donnelley or about whom you learned confidential information as a result of your employment with Donnelley or (ii) with whom any person over whom you had supervisory authority at any time had direct contact during the course of his or her employment with Donnelley or about whom such person learned confidential information as a result of his or her employment with Donnelley.

  • Non-Solicitation of Company Employees Executive shall not, at any time during the Restricted Period (as defined below), without the prior written consent of the Company, engage in the following conduct (a "Solicitation"):

  • Nonsolicitation During Executive’s Company Employment and for eighteen (18) months following the termination of such employment for any reason, Executive shall not, directly or indirectly, either by himself or by providing substantial assistance to others (i) solicit any employee of the Company to terminate employment with the Company, or (ii) employ or seek to employ, or cause or assist any other person, company, entity or business to employ or seek to employ, any individual who was an employee of Company as of Executive’s Date of Termination.

  • Nonsolicitation of Clients The Executive hereby agrees that during the Noncompete Restricted Period, the Executive shall not, in any manner, directly or indirectly, (a) Solicit a Client to transact business with a Competitive Enterprise or to reduce or refrain from doing any business with the Firm, to the extent the Executive is soliciting a Client to provide them with services that would be considered a Competing Activity if such services were provided by the Executive, or (b) interfere with or damage (or attempt to interfere with or damage) any relationship between the Firm and a Client. For purposes of this Agreement, the term “Solicit” means any direct or indirect communication of any kind whatsoever, regardless of by whom initiated, inviting, advising, persuading, encouraging or requesting any person or entity, in any manner, to take or refrain from taking any action, and the term “Client” means any client or prospective client of the Firm, whether or not the Firm has been engaged by such Client pursuant to a written agreement; provided that an entity which is not a client of the Firm shall be considered a “prospective client” for purposes of this sentence only if the Firm made a presentation or written proposal to such entity during the 12-month period preceding the Date of Termination or was preparing to make such a presentation or proposal at the time of the Date of Termination.

  • Solicitation of Employees I agree that for a period of twelve (12) months immediately following the termination of my relationship with the Company for any reason, whether with or without cause, I shall not either directly or indirectly solicit, induce, recruit or encourage any of the Company’s employees to leave their employment, or take away such employees, or attempt to solicit, induce, recruit, encourage or take away employees of the Company, either for myself or for any other person or entity.

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