Non-Hire Agreement Sample Clauses

Non-Hire Agreement. In the event of termination of your employment, voluntarily or involuntarily, with or without cause, you shall not, for a period of twelve (12) months following such termination, hire, seek to hire, or encourage your employer or any other person to hire any person who was an employee of the Bank on the date of announcement to the Bank or to any such employee of termination or the decision to terminate your employment. Further, you shall not attempt to induce any such employee to leave the employ of the Bank to work for you or any other person, firm or corporation during such period. Should you violate this non-hire agreement, any amounts otherwise due you pursuant to this Agreement shall be forfeited and any amounts previously paid hereunder shall be refunded by you to the Bank. Bank may further exercise its rights against you or any third party, in law or in equity, in the event you violate this non-hire agreement in violation of this Agreement or applicable statutory provisions.

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Non-Hire Agreement. Employee will not, either during employment and for a period of two (2) years after expiration or termination of this Agreement for any reason, directly or indirectly, either for himself or for any other person, firm or corporation, induce, employ or attempt to employ any person who is at that time, or has been within six (6) months immediately prior thereto, employed by Corporation or its Affiliates.

Non-Hire Agreement. Employee agrees that for a period of one year after the termination of such employment for any reason, without prior written approval of the Company and the Parent, employee will not recruit, hire, assist others in recruiting or hiring, discuss employment with or refer to others for employment any person who is or within the 12 month period immediately preceding the date of any such activity was an employee of the Company or the Parent or its subsidiaries or affiliates. It is understood and agreed that the scope of the foregoing covenants is reasonable as to time, area and persons and is necessary to protect the legitimate business interests of the Company, the Parent and their affiliates. It is further agreed that such covenants will be regarded as divisible and will be operative as to time, area and persons to the extent that it may be so operative, and if any part of such covenant is declared invalid, unenforceable, or void as to time, area or persons, the validity and enforceability of the remainder will not be affected. If Employee violates the restrictive covenants of this Section 9 and the Company or the Parent brings legal action for injunctive or other relief, neither the Company nor the Parent will be deprived of the benefit of the full period of the restrictive covenant, as a result of the time involved in obtaining the relief. Accordingly, Employee agrees that the restricted period following the term of employment will have a duration of one year, and the regularly scheduled expiration date of such covenant will be extended by the same amount of time that Employee is determined to have violated such covenant.

Non-Hire Agreement. During the term of my employment and for a period of twenty-four (24) months after I cease for any reason to be an employee of Employer, I will not, directly or indirectly, (a) hire, interview for employment, offer employment to, or employ any Restricted Employee, or assist anyone else to do so, or (b) solicit, advise, encourage or induce (or assist in the solicitation, advising, encouragement or inducement of) any Restricted Employee to terminate his or her employment with Employer or suggest that s/he do so. “Restricted Employee” means any person who was employed by Employer within the last three (3) months of my employment with Employer, and with whom I had contact or for whom I had direct or indirect supervisory responsibility during my employment with Employer. Restricted Employees are further limited to those employees of the Company who themselves possess customer goodwill and/or Confidential Information.

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