Common use of Restrictive Covenant Clause in Contracts

Restrictive Covenant. During the term of, and for a period of one (1) year (the “Restrictive Period”) after the termination of the Executive’s employment hereunder for any reason (other than a termination of the Executive hereunder pursuant to Section 5(a), 5(b) or 5(e), hereof), the Executive shall not render, directly, or indirectly, services to any person, firm, corporation, association or other entity which conducts the same or similar business as the Company or its subsidiaries at the date of the Executive’s termination of employment hereunder within the states in which the Company or any of its subsidiaries is then licensed and doing business at the date of the Executive’s termination of employment hereunder without the prior written consent of the Board of Directors, which may be withheld in its discretion. In the event the Executive violates any of the provisions contained in this Section 9(b) hereof, the Restrictive Period shall be increased by the period of time from the commencement by the Executive of any violation until such violation has been cured to the satisfaction of the Company. The Executive further agrees that at no time during the Restrictive Period will the Executive attempt to directly or indirectly solicit or hire employees of Company or its subsidiaries or induce any of them to terminate their employment with the Company or any of the subsidiaries. Notwithstanding the foregoing, the performance by the Executive of rights and duties under an agency agreement with the Company shall not constitute a breach of this Section 9(b).

Restrictive Covenant. During the term of, and for a period of one (1) year (the “"Restrictive Period”") after the termination of the Executive’s 's employment hereunder for any reason (other than a termination of the Executive hereunder pursuant to Section 5(a), 5(b) or 5(e), hereof), the Executive shall not render, directly, or indirectly, services to any person, firm, corporation, association or other entity which conducts the same or similar business as the Company or its subsidiaries at the date of the Executive’s 's termination of employment hereunder within the states in which the Company or any of its subsidiaries is then licensed and doing business at the date of the Executive’s 's termination of employment hereunder without the prior written consent of the Board of Directors, which may be withheld in its discretion. In the event the Executive violates any of the provisions contained in this Section 9(b) hereof, the Restrictive Period shall be increased by the period of time from the commencement by the Executive of any violation until such violation has been cured to the satisfaction of the Company. The Executive further agrees that at no time during the Restrictive Period will the Executive attempt to directly or indirectly solicit or hire employees of Company or its subsidiaries or induce any of them to terminate their employment with the Company or any of the subsidiaries. Notwithstanding the foregoing, the performance by the Executive of rights and duties under an agency agreement with the Company shall not constitute a breach of this Section 9(b).

Restrictive Covenant. During the term of, and for a period of one (1) year (the “"Restrictive Period”") after the termination of the Executive’s 's employment hereunder for any reason (other than a termination of by the Company Without Cause or by the Executive hereunder pursuant to Section 5(a), 5(b) or 5(e), hereof)With Good Reason, the Executive shall not render, directly, directly or indirectly, services to (as an employee, consultant, independent contractor or in any other capacity) any person, firm, corporation, association or other entity which conducts the same or similar business as the Company or its subsidiaries at the date of the Executive’s 's termination of employment hereunder within the states in which the Company or any of its subsidiaries is then licensed and doing business at the date of the Executive’s 's termination of employment hereunder without the prior written consent of the Board of Directors, Directors which may be withheld in at its sole discretion. In the event that this Agreement expires after termination and is not renewed by the parties, the Restrictive Period shall not extend beyond the termination of employment. In the event the Executive violates any of the provisions contained in this Section 9(b) hereofSection, the Restrictive Period shall be increased by the period of time from the commencement by in which the Executive was in violation as determined by an Arbitrator or Court of any violation until such violation has been cured to the satisfaction of the Companycompetent jurisdiction. The Executive further agrees that at no time during the Restrictive Period period will the Executive attempt to directly or indirectly solicit or hire employees of the Company or its subsidiaries or induce any of them to terminate their employment with the Company or any of the subsidiaries. Notwithstanding the foregoing, the performance by the Executive of rights and duties under an agency agreement with the Company shall not constitute a breach of this Section 9(b).

Restrictive Covenant. During the term of, and for a period of one (1) year (the “"Restrictive Period”") after the termination of the Executive’s 's employment hereunder for any reason (other than a termination of by the Company Without Cause or by the Executive hereunder pursuant to Section 5(a), 5(b) or 5(e), hereof)With Good Reason, the Executive shall not render, directly, directly or indirectly, services to (as an employee, consultant, consultant, independent contractor or in any other capacity) any person, firm, corporation, association or other entity which conducts the same or similar business as the Company or its subsidiaries at the date of the Executive’s 's termination of employment hereunder within the states in which the Company or any of its subsidiaries is then licensed and doing business at the date of the Executive’s 's termination of employment hereunder without the prior written consent of the Board of Directors, Directors which may be withheld in at its sole discretion. In the event that this Agreement expires after termination and is not renewed by the parties, the Restrictive Period shall not extend beyond the termination of employment.. In the event the Executive violates any of the provisions contained in this Section 9(b) hereofSection, the Restrictive Period shall be increased by the period of time from the commencement by in which the Executive was in violation as determined by an Arbitrator or Court of any violation until such violation has been cured to the satisfaction of the Companycompetent jurisdiction. The Executive further agrees that at no time during the Restrictive Period period will the Executive attempt to directly or indirectly solicit or hire employees of the Company or its subsidiaries or induce any of them to terminate their employment with the Company or any of the subsidiaries. Notwithstanding the foregoing, the performance by the Executive of rights and duties under an agency agreement with the Company shall not constitute a breach of this Section 9(b).