Common use of Notice of Termination Required Clause in Contracts

Notice of Termination Required. The Employee agrees to provide a period of advance written notice to the Firm prior to the Employee’s Termination of Employment equal to (i) three months or (ii) any longer notice period required pursuant to any other agreement (other than an award agreement evidencing any Prior Awards) between the Employee and the Firm. The Employee hereby agrees that, if, during the applicable period after the Employee has provided notice of termination to the Firm or prior thereto, the Employee enters (or has entered into) a written agreement to provide services or perform activities for a Competitive Enterprise that would violate Paragraph (b) if performed during the Non-compete Restriction Period, such action shall be deemed a violation of this Paragraph (f).

Appears in 10 contracts

Samples: Performance Based Stock Unit Agreement (Lazard Group LLC), Performance Based Stock Unit Agreement (Lazard LTD), Performance Based Stock Unit Agreement (Lazard LTD)

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Notice of Termination Required. The Employee agrees to provide a period of advance written notice to the Firm prior to the Employee’s Termination of Employment equal to (i) three months or (ii) any longer notice period required pursuant to any other agreement (other than an award agreement evidencing any Prior Awards) between the Employee and the Firm. The Employee hereby agrees that, if, during the applicable three-month period after the Employee has provided notice of termination to the Firm or prior thereto, the Employee enters (or has entered into) a written agreement to provide services or perform activities for a Competitive Enterprise that would violate Paragraph (b) Section 2 if performed during the Non-compete Noncompete Restriction Period, such action shall be deemed a violation of this Paragraph (f)Section 6.

Appears in 2 contracts

Samples: Stock Unit Agreement and Restricted Stock Agreement (Lazard LTD), Stock Unit Agreement and Restricted Stock Agreement (Lazard Group LLC)

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Notice of Termination Required. The Employee agrees to provide a period of advance written notice to the Firm prior to the Employee’s Termination of Employment equal to (i) three months one month or (ii) any longer notice period required pursuant to any other agreement (other than an award agreement evidencing any Prior Awards) between the Employee and the Firm. The Employee hereby agrees that, if, during the applicable one-month period after the Employee has provided notice of termination to the Firm or prior thereto, the Employee enters (or has entered into) a written agreement to provide services or perform activities for a Competitive Enterprise that would violate Paragraph (b) if performed during the Non-compete Noncompete Restriction Period, such action shall be deemed a violation of this Paragraph (f).

Appears in 2 contracts

Samples: Restricted Lazard Fund Interest Agreement (Lazard LTD), Restricted Lazard Fund Interest Agreement (Lazard Group LLC)

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