Non-Solicitation of Personnel Contract Clauses (13)
Grouped Into 1 Collection of Similar Clauses From Business Contracts
This page contains Non-Solicitation of Personnel clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Non-Solicitation of Personnel. During the Restricted Period, the Restricted Party shall not, directly or indirectly, whether for the Restricted Party's own account or for the account of any other Person (other than on behalf a Covered Party in the good faith performance of the Restricted Party's duties on behalf of the Covered Parties): (a) solicit, employ, or otherwise engage as an employee, independent contractor or otherwise, any Person who was an employee or independent contractor of any Covered Party as of the date of th...e relevant act prohibited by this Section 2 or during the six (6) month period prior thereto ("Covered Personnel") or in any manner induce or attempt to induce any such Covered Personnel to terminate its employment or service with any of the Covered Parties; or 2 (b) interfere with the relationship of any of the Covered Parties with any Covered Personnel. Notwithstanding the foregoing, the Restricted Party shall not be prohibited from (i) placing any advertisements for positions to the public generally that are not targeted at any Covered Personnel or (ii) the solicitation, employment or engagement of any Covered Personnel (A) whose employment or engagement was terminated by the Covered Parties due to a job elimination or reduction in force prior to commencement of employment or engagement discussions, (B) whose employment or engagement with the Covered Parties was terminated for any reason other than as set forth in clause (A) at least six (6) months prior to the commencement of employment or engagement discussions or (C) considered to be clerical or non-managerial general administrative staff (for the avoidance of doubt, excluding any sales, business development or product development, product support or product improvement personnel). Notwithstanding the foregoing, the Restricted Party shall have no obligations under this Section 2 for any actions taken by Corsair or any other Investment Group or any of their respective Portfolio Companies as long as he does not directly take such action or direct others to take such action.View More
Non-Solicitation of Personnel. During the Restricted Period, the Restricted Party shall not, directly or indirectly, whether for the Restricted Party's own account or for the account of any other Person (other than on behalf a Covered Party in the good faith performance of the Restricted Party's duties on behalf of the Covered Parties): (a) solicit, employ, or otherwise engage as an employee, independent contractor or otherwise, any Person who was an employee or independent contractor of any Covered Party as of the date of th...e relevant act prohibited by this Section 2 or during the six (6) month period prior thereto ("Covered Personnel") or in any manner induce or attempt to induce any such Covered Personnel to terminate its employment or service with any of the Covered Parties; or 2 (b) interfere with the relationship of any of the Covered Parties with any Covered Personnel. Notwithstanding the foregoing, the Restricted Party shall not be prohibited from (i) placing any advertisements for positions to the public generally that are not targeted at any Covered Personnel or (ii) the solicitation, employment or engagement of any Covered Personnel (A) whose employment or engagement was terminated by the Covered Parties due to a job elimination or reduction in force prior to commencement of employment or engagement discussions, (B) whose employment or engagement with the Covered Parties was terminated for any reason other than as set forth in clause (A) at least six (6) months prior to the commencement of employment or engagement discussions or (C) considered to be clerical or non-managerial general administrative staff (for the avoidance of doubt, excluding any sales, business development or product development, product support or product improvement personnel). Notwithstanding 2 3. Non-Solicitation of Customers and Suppliers. During the foregoing, Restricted Period, the Restricted Party shall have no obligations under not, directly or indirectly, whether for the Restricted Party's own account or for the account of any other Person (other than on behalf a Covered Party in the good faith performance of the Restricted Party's duties on behalf of the Covered Parties): (a) solicit, induce, encourage or otherwise knowingly cause (or attempt to do any of the foregoing) any Covered Customer (as defined below) to (i) cease being, or not become, a customer or merchant of any Covered Party with respect to the Business or (ii) reduce the amount of business of such Covered Customer with any Covered Party, or otherwise alter such business relationship in a manner adverse to any Covered Party, in either case, with respect to or relating to the Business; (b) interfere with or disrupt (or attempt to interfere with or disrupt) the contractual relationship between any Covered Party and any Covered Customer or divert any business with any Covered Customer relating to the Business from a Covered Party; or (c) interfere with or disrupt (or attempt to interfere with or disrupt) the contractual relationship between any Covered Party and any Person that was a vendor, supplier, distributor, agent or other service provider of a Covered Party as of the date of the relevant act prohibited by this Section 2 3(c) or during the six (6) month period prior thereto, in any case, for a purpose competitive with a Covered Party as it relates to the Business. For purposes of this Agreement, a "Covered Customer" means any actions taken Person who is or was an actual customer or merchant of a Covered Party (or prospective customer or merchant with whom a Covered Party actively marketed or made or took specific action to make a proposal) as of the date of the relevant act prohibited by Corsair this Section 3 or any other Investment Group or any of their respective Portfolio Companies as long as he does not directly take such action or direct others to take such action. during the six (6) month period prior thereto. View More
