Covenants Not to Compete and Not to Solicit. (a) The Executive covenants and agrees that during the term of his employment, and for a period of twelve (12) months from and after the date that the Executive ceases to be employed by the Bank (the “Non-Compete Period”) for any reason other than for “cause”, he will not, directly or indirectly, in any individual or representative capacity whatsoever be directly or indirectly
Appears in 1 contract
Sources: Executive Employment Agreement (MainStreet Bancshares, Inc.)
Covenants Not to Compete and Not to Solicit. (a) The Executive covenants and agrees that during the term of his employment, and for a period of twelve (12) months from and after the date that the Executive ceases to be employed by the Bank Company (the “Non-Compete Period”) for any reason other than for “cause”, he will not, directly or indirectly, in any individual or representative capacity whatsoever be directly or indirectlyindirectly employed by a Competitive Business as an employee, consultant or in any other capacity to provide or undertake those duties customarily performed by any executive, including,
Appears in 1 contract
Sources: Executive Employment Agreement (MainStreet Bancshares, Inc.)