Common use of Prohibited Activity Clause in Contracts

Prohibited Activity. (a) The Executive covenants and agrees that (i) during the Term, and (ii) during the period ending on the first anniversary of his Date of Termination, he shall not at any time, without the prior written consent of the Company, directly or indirectly, whether for his own account or as a shareholder, partner, joint venturer, employee, consultant, lender, advisor, and/or agent, of any person, firm, corporation, or other entity, solicit, recruit, hire or cause to be hired any employees of the Company or any of its affiliates or persons who have worked for the Company or any of such affiliates, or solicit or encourage any employee of the Company or any of its affiliates to leave the employment of the Company or any of such affiliates, as applicable.

Appears in 5 contracts

Samples: Change in Control Severance Agreement (Lasalle Hotel Properties), Change in Control Severance Agreement (Lasalle Hotel Properties), Change in Control Severance Agreement (Lasalle Hotel Properties)

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Prohibited Activity. (a) The Executive covenants and agrees that (i) during the Term, and (ii) during the period ending on the first anniversary of his Date of Termination, he shall not at any time, without the prior written consent of the Company, directly or indirectly, whether for his own account or as a shareholdershareholder (other than as permitted by Section 4(c) below), partner, joint venturer, employee, consultant, lender, advisor, and/or agent, of any person, firm, corporation, or other entity, solicit, recruit, hire or cause to be hired any employees of the Company or any of its affiliates or persons who have worked for the Company or any of such affiliates, or solicit or encourage any employee of the Company or any of its affiliates to leave the employment of the Company or any of such affiliates, as applicable.

Appears in 4 contracts

Samples: Change in Control Severance Agreement (Lasalle Hotel Properties), Change in Control Severance Agreement (Lasalle Hotel Properties), Change in Control Severance Agreement (Lasalle Hotel Properties)

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Prohibited Activity. (a) The Executive covenants and agrees that (i) during the Term, and (ii) during the period ending on the first anniversary of his Date of Termination, he shall not at any time, without the prior written consent of the Company, directly or indirectly, whether for his own account or as a shareholdershareholder (other than as permitted by Section 4(c) below), partner, joint venturer, employee, consultant, lender, advisor, and/or agent, of any person, firm, corporation, or other entity, solicit, recruit, hire or cause to be hired any employees of the Company or any of its affiliates or persons who have worked for the Company or any of such affiliates, or solicit or encourage any employee of the Company or of any of its affiliates to leave the employment of the Company or any of such affiliates, as applicable.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (Lasalle Hotel Properties), Change in Control Severance Agreement (Lasalle Hotel Properties)

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