Non-Compete Restriction. At all times during employment and during the Restrict Period (defined above) Executive shall not accept employment with or provide services to or on behalf of any Competing Financial Services Organization if (i) the position or the services to be performed by Executive involve the same or substantially similar duties and responsibilities as those performed by Executive on behalf of the Corporation during Executive's last twelve (12) months of employment with the Corporation, or (ii) Executive is providing consulting, advisory or contract services (whether as a director, officer, independent contractor, member, owner or shareholder) related to the design, development, marketing or delivery of Competitive Services or Products that are intended to be competitive with offerings by the Corporation, the Bank or their Affiliates.
Appears in 2 contracts
Sources: Executive Employment Agreement (Parkway Acquisition Corp.), Executive Employment Agreement (Parkway Acquisition Corp.)
Non-Compete Restriction. At all times during employment and during the Restrict Period (defined above) Executive shall not accept employment with or provide services to or on behalf of any Competing Financial Services Organization if (i) the position or the services to be performed by Executive involve the same or substantially similar duties and responsibilities as those performed by Executive on behalf of the Corporation (or its Successor) during Executive's ’s last twelve eighteen (1218) months of employment with the CorporationCorporation (or its Successor), or (ii) Executive is providing consulting, advisory or contract services (whether as a director, officer, independent contractor, member, owner or shareholder) related to the design, development, marketing or delivery of Competitive Services or Products that are intended to be competitive with offerings by the CorporationBank, any of the Bank Affiliates, or their AffiliatesSuccessor.
Appears in 1 contract
Sources: Executive Employment Agreement (Parkway Acquisition Corp.)