Common use of Covenant of Executive Clause in Contracts

Covenant of Executive. (a) If the Executive has a Qualifying Termination that entitles him to a payment under Article 2 hereof, the Executive shall not, during the eighteen (18) months next following the date of his Termination of Employment, either (i) solicit any employee of the Company to leave such employ and to enter into the employ of, or to provide services to, the Executive or any person with which the Executive is associated or (ii) solicit or handle on his own behalf, or on behalf of any person with which the Executive is associated, the advertising, public relations, sales promotion or market research business of any person that is a client of the Company as of the date of the Executive’s Termination of Employment.

Appears in 11 contracts

Samples: Agreement (Interpublic Group of Companies, Inc.), Executive Change of Control Agreement (Interpublic Group of Companies, Inc.), Agreement (Interpublic Group of Companies, Inc.)

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Covenant of Executive. (a) If the Executive has a Qualifying Termination that entitles him to a payment under Article 2 hereof, the Executive shall not, during the eighteen (18) months next following the date of his Termination of Employment, either (i) solicit any employee of the Company to leave such employ and to enter into the employ of, or to provide services to, the Executive or any person with which the Executive is associated or (ii) solicit or handle on his own behalf, or on behalf of any person with which the Executive is associated, the advertising, public relations, sales promotion or market research business of any person that is a client of the Company as of the date of the Executive’s 's Termination of Employment.

Appears in 2 contracts

Samples: Executive Change of Control Agreement (Interpublic Group of Companies, Inc.), Agreement (Interpublic Group of Companies, Inc.)

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Covenant of Executive. (a) If the Executive has a Qualifying Termination that entitles him her to a payment under Article 2 hereof, the Executive shall not, during the eighteen (18) months next following the date of his her Termination of Employment, either (i) solicit any employee of the Company to leave such employ and to enter into the employ of, or to provide services to, the Executive or any person with which the Executive is associated or (ii) solicit or handle on his her own behalf, or on behalf of any person with which the Executive is associated, the advertising, public relations, sales promotion or market research business of any person that is a client of the Company as of the date of the Executive’s Termination of Employment.

Appears in 1 contract

Samples: Agreement (Interpublic Group of Companies, Inc.)

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