Non-Competition Clause Example with 8 Variations from Business Contracts

Non-Competition. The Executive Employee agrees that during his employment by the Employer Bank hereunder and, in the event of his termination other than by the Employer with or without Cause pursuant to Sections 3.2.1(a) or 3.2.1(b), or by the Executive for Good Reason pursuant to Section 3.2.2(a), and for a period of twenty-four (24) thirty-six (36) months thereafter, following termination of his employment hereunder for any reason, the Executive Employee will not (except on behalf of or with the prior written ...consent of the Employer), Bank), within the Area, either directly or indirectly, on his own behalf or in the service or on behalf of others, as an executive employee or in any other capacity which involves duties and responsibilities similar to those undertaken for the Employer, Bank, engage in any business which is the same as or essentially the same as the Business of the Employer. Bank. Notwithstanding the foregoing, the Employer Bank agrees that the Executive Employee may own up to 5% of the voting shares of any financial institution engaged in the Business of the Employer Bank in the Area. Notwithstanding the foregoing, this provision shall not apply following a Change in Control. Nor shall this provision apply if the Board of Directors provides the Executive with a Non-Renewal Notice pursuant to Section 3.1.1 and the Executive subsequently terminates his employment with the Employer following the expiration of the tern of this Agreement. View More

Non-Competition. The Executive Employee agrees that during his employment by the Employer Bank hereunder and, in the event of his termination other than by the Employer with or Bank without Cause pursuant to Sections 3.2.1(a) or Section 3.2.1(b), or by the Executive Employee for Good Reason Cause pursuant to Section 3.2.2(a), or by the Employee pursuant to Section 3.2.3, for a period of twenty-four (24) thirty-six (36) months thereafter, the Executive Employee will not (except on behalf of or with the prior writ...ten consent of the Employer), Bank), within the Area, either directly or indirectly, on his own behalf or in the service or on behalf of others, as an executive employee or in any other capacity which involves duties and responsibilities similar to those undertaken for the Employer, Bank, engage in any business which is the same as or essentially the same as the Business of the Employer. Bank. Notwithstanding the foregoing, the Employer Bank agrees that the Executive Employee may own up to 5% of the voting shares of any financial institution engaged in the Business of the Employer Bank in the Area. Notwithstanding the foregoing, this provision shall not apply following a Change in Control. Nor shall this provision apply if the Board of Directors provides the Executive with a Non-Renewal Notice pursuant to Section 3.1.1 and the Executive subsequently terminates his employment with the Employer following the expiration of the tern of this Agreement. View More

Non-Competition. The Executive Employee agrees that during his employment by the Employer hereunder and, in the event of his termination termination, other than by the Employer with or without Cause pursuant to Sections 3.2.1(a) or Section 3.2.1(b), or by the Executive Employee for Good Reason Cause pursuant to Section 3.2.2(a), for a period of twenty-four (24) months thereafter, the Executive Employee will not (except on behalf of or with the prior written consent of the Employer), within the Area, either direc...tly or indirectly, on his own behalf or in the service or on behalf of others, as an executive employee or in any other capacity which involves duties and responsibilities similar to those undertaken for the Employer, engage in any business which is the same as or essentially the same as the Business of the Employer. Notwithstanding the foregoing, the Employer agrees that the Executive may own up to 5% of the voting shares of any financial institution engaged Employer; provided that, in the Business event of the Employer in the Area. Notwithstanding the foregoing, this provision shall not apply following a Change in Control. Nor shall this provision apply if the Board of Directors provides the Executive with a Non-Renewal Notice termination pursuant to Section 3.1.1 and 3.2.5, the Executive subsequently terminates his employment with the Employer following the expiration of the tern of this Agreement. foregoing period shall be twelve (12) months as opposed to twenty-four (24) months. View More

Non-Competition. The Executive Employee agrees that during his employment by the Employer hereunder and, in the event of his termination other than by the Employer with or without Cause pursuant to Sections 3.2.1(a) or Section 3.2.1(b), or by the Executive Employee for Good Reason Cause pursuant to Section 3.2.2(a), for a period of twenty-four (24) thirty-six (36) months thereafter, the Executive Employee will not (except on behalf of or with the prior written consent of the Employer), within the Area, either di...rectly or indirectly, on his own behalf or in the service or on behalf of others, as an executive employee or in any other capacity which involves duties and responsibilities similar to those undertaken for the Employer, engage in any business which is the same as or essentially the same as the Business of the Employer. Notwithstanding the foregoing, the Employer agrees that the Executive Employee may own up to 5% of the voting shares of any financial institution engaged in the Business of the Employer in the Area. Notwithstanding 7.Non-Solicitation of Customers. The Employee agrees that during the foregoing, this provision shall not apply following a Change Employee's employment by the Employer hereunder and, in Control. Nor shall this provision apply if the Board event of Directors provides Employee's termination other than by the Executive with a Non-Renewal Notice Employer without Cause pursuant to Section 3.1.1 and 3.2.1(b), or by the Executive subsequently terminates his employment Employee for Cause pursuant to Section 3.2.2(a), for a period of twenty-four (24) months thereafter, the Employee will not (except on behalf of or with the Employer following the expiration prior written consent of the tern Employer), on the Employee's own behalf or in the service or on behalf of this Agreement. others, solicit, divert or appropriate or attempt to solicit, divert or appropriate, directly or by assisting others, any business from any of the Employer's or its Affiliate's customers, including actively sought prospective customers, with whom the Employee has or had material contact during the last twelve (12) months of the Employee's employment, for purposes of providing products or services that are competitive with those provided by the Employer or its Affiliates. View More

Non-Competition. The Executive Employee agrees that during his employment by the Employer hereunder and, in the event of his termination other than by the Employer with or without Cause pursuant to Sections 3.2.1(a) or Section 3.2.1(b), or by the Executive Employee for Good Reason Cause pursuant to Section 3.2.2(a), for a period of twenty-four (24) thirty-six (36) months thereafter, the Executive Employee will not (except on behalf of or with the prior written consent of the Employer), within the Area, either di...rectly or indirectly, on his own behalf or in the service or on behalf of others, as an executive employee or in any other capacity which involves duties and responsibilities similar to those undertaken for the Employer, engage in any business which is the same as or essentially the same as the Business of the Employer. Notwithstanding the foregoing, the Employer agrees that the Executive Employee may (a) own up to 5% of the voting shares of any financial institution engaged in the Business of the Employer in the Area. Notwithstanding Area, and (b) engage in the foregoing, this provision shall not apply following a Change practice of law in Control. Nor shall this provision apply if the Board Area representing institutions engaged in the Business of Directors provides the Executive with a Non-Renewal Notice Employer. 7. Non-Solicitation of Customers. The Employee agrees that during the Employee's employment by the Employer hereunder and, in the event of Employee's termination other than by the Employer without Cause pursuant to Section 3.1.1 and 3.2.1(b), or by the Executive subsequently terminates his employment Employee for Cause pursuant to Section 3.2.2(a), for a period of twenty-four (24) months thereafter, the Employee will not (except on behalf of or with the Employer following the expiration prior written consent of the tern Employer), on the Employee's own behalf or in the service or on behalf of this Agreement. others, solicit, divert or appropriate or attempt to solicit, divert or appropriate, directly or by assisting others, any business from any of the Employer's or its Affiliate's customers, including actively sought prospective customers, with whom the Employee has or had material contact during the last twelve (12) months of the Employee's employment, for purposes of providing products or services that are competitive with those provided by the Employer or its Affiliates. View More

Non-Competition. The Executive agrees that during his employment by the Employer Bank hereunder and, in the event of his termination other than by the Employer Bank with or without Cause pursuant to Sections 3.2.1(a) or 3.2.1(b), or by the Executive for Good Reason pursuant to Section 3.2.2(a), for a period of twenty-four (24) months thereafter, the Executive will not (except on behalf of or with the prior written consent of the Employer), Bank), within the Area, either directly or indirectly, on his own behalf ...or in the service or on behalf of others, as an executive employee or in any other capacity which involves duties and responsibilities similar to those undertaken for the Employer, Bank, engage in any business which is the same as or essentially the same as the Business of the Employer. Bank. Notwithstanding the foregoing, the Employer Bank agrees that the Executive may own up to 5% of the voting shares of any financial institution engaged in the Business of the Employer Bank in the Area. Notwithstanding the foregoing, this provision shall not apply following a Change in Control. Nor shall this provision apply if the Board of Directors provides the Executive with a Non-Renewal Notice pursuant to Section 3.1.1 and the Executive subsequently terminates his employment with the Employer following the expiration of the tern of this Agreement. View More

Non-Competition. The Executive Employee agrees that during his employment by the Employer hereunder and, in the event of his termination other than by the Employer with or without Cause pursuant to Sections 3.2.1(a) or Section 3.2.1(b), or by the Executive Employee for Good Reason Cause pursuant to Section 3.2.2(a), for a period of twenty-four (24) thirty-six (36) months thereafter, the Executive Employee will not (except on behalf of or with the prior written consent of the Employer), within the Area, either di...rectly or indirectly, on his own behalf or in the service or on behalf of others, as an executive employee or in any other capacity which involves duties and responsibilities similar to those undertaken for the Employer, engage in any business which is the same as or essentially the same as the Business of the Employer. Notwithstanding the foregoing, the Employer agrees that the Executive Employee may own up to 5% of the voting shares of any financial institution engaged in the Business of the Employer in the Area. Notwithstanding the foregoing, this provision shall not apply following a Change in Control. Nor shall this provision apply if the Board of Directors provides the Executive with a Non-Renewal Notice pursuant to Section 3.1.1 and the Executive subsequently terminates his employment with the Employer following the expiration of the tern of this Agreement. View More

Non-Competition. The Executive agrees that during his employment by the Employer hereunder and, in the event of his termination other than by the Employer with or without Cause pursuant to Sections 3.2.1(a) or 3.2.1(b), or by the Executive for Good Reason pursuant to Section 3.2.2(a), for a period of twenty-four (24) months thereafter, the Executive will not (except on behalf of or with the prior written consent of the Employer), within the Area, either directly or indirectly, on his own behalf or in the service... or on behalf of others, as an executive employee or in any other capacity which involves duties and responsibilities similar to those undertaken for the Employer, engage in any business which is the same as or essentially the same as the Business of the Employer. Notwithstanding the foregoing, the Employer agrees that the Executive may own up to 5% of the voting shares of any financial institution engaged in the Business of the Employer in the Area. Notwithstanding the foregoing, this provision shall not apply following a Change in Control. Nor shall this provision apply if the Board of Directors provides the Executive with a Non-Renewal Notice pursuant to Section 3.1.1 and the Executive subsequently terminates his employment with the Employer following the expiration of the tern of this Agreement. 10 7. Non-Solicitation of Customers. The Executive agrees that during the Executive's employment by the Employer hereunder and, in the event of the Executive's termination other than by the Employer with or without Cause pursuant to Sections 3.2.1(a) or 3.2.1(b), or by the Executive for Good Reason pursuant to Section 3.2.2(a), for a period of twenty-four (24) months thereafter, the Executive will not (except on behalf of or with the prior written consent of the Employer), on the Executive's own behalf or in the service or on behalf of others, solicit, divert or appropriate or attempt to solicit, divert or appropriate, directly or by assisting others, any business from any of the Employer's or its Affiliate's customers, including actively sought prospective customers, with whom the Executive has or had material contact during the last twelve (12) months of the Executive's employment, for purposes of providing products or services that are competitive with those provided by the Employer or its Affiliates. Notwithstanding the foregoing, this provision shall not apply following a Change in Control. View More