Common use of Non-Interference Covenant Clause in Contracts

Non-Interference Covenant. Executive acknowledges that in connection with and in the course of his employment with Employer, Executive will have access to trade secrets and other Confidential Information of Employer and its Affiliates, which Confidential Information may include, without limitation, the identities of and information about the banking and other financial service needs and the investment goals and plans of clients and customers of Employer or its Affiliates. As a result of his employment with Employer, Executive also will be given, by Employer or its Affiliates, the opportunity, resources and Confidential Information which Executive will need to establish business relationships with existing and prospective clients and customers of Employer or its Affiliates, all for the exclusive benefit of Employer and its Affiliates. Accordingly, Executive covenants and agrees that during the Term of his employment with Employer and for a period of eighteen (18) months following the termination, for any reason whatsoever, of his employment with Employer (including any voluntary termination or any termination for Good Reason by Executive or any termination by Employer with or without Cause), Executive shall not use any information that constitutes a trade secret or Confidential Information of Employer or any of its Affiliates to directly or indirectly, personally or through others, (i) solicit for or on behalf of any Person competing against Employer or any of its Affiliates, any existing or prospective client or customer of Employer or any of its Affiliates, or (ii) encourage or induce any client, customer, supplier or vendor of or service provider to Employer or any of its Affiliates to terminate or modify (in a manner adverse to any of them) the business relationship that any such client, customer, supplier, vendor or service provider has with any of them.

Appears in 1 contract

Sources: Employment Agreement (First Foundation Inc.)

Non-Interference Covenant. Executive acknowledges that in connection with and in the course of his employment with Employer, Executive will have access to trade secrets and other Confidential Information of Employer Employer, Parent and its their respective Affiliates, which Confidential Information may include, without limitation, the identities of and information about the banking oil and gas business and other financial service needs related services and the investment goals and plans of clients and customers Employer, Parent or any of Employer or its their respective Affiliates. As a result of his employment with Employer, Executive also will be given, by Employer Employer, Parent or its their Affiliates, the opportunity, resources and Confidential Information which Executive will need to establish business relationships with existing and prospective clients and customers of Employer Employer, Parent, or its their Affiliates, all for the exclusive benefit of Employer and its Parent or their respective Affiliates. Accordingly, Executive covenants and agrees that during the Term of his employment with Employer and for a period of eighteen twelve (1812) months following the termination, for any reason whatsoever, of his employment with Employer (including any voluntary termination or any termination for Good Reason by Executive or any termination by Employer with or without Cause), Executive shall not use any information that constitutes a trade secret or Confidential Information of Employer Employer, Parent or any of its their Affiliates to directly or indirectly, personally or through others, (i) solicit for or on behalf of any Person competing against Employer or any of its Affiliates, any existing or prospective client or customer of Employer Employer, Parent or any of its their Affiliates, or (ii) encourage or induce any client, customer, supplier or vendor of or service provider to Employer Employer, Parent or any of its their Affiliates to terminate or modify (in a manner adverse to any of them) the business relationship that any such client, customer, supplier, vendor or service provider has with any of them.

Appears in 1 contract

Sources: Employment Agreement (New Western Energy Corp)

Non-Interference Covenant. Executive acknowledges that in connection with and in the course of his his/her employment with Employer, Executive will have access to trade secrets and other Confidential Information of Employer and its Affiliates, which Confidential Information may include, without limitation, the identities of and information about the banking and other financial service needs and the investment goals and plans of clients and customers of Employer or any of its Affiliates. As a result of his his/her employment with Employer, Executive also will be given, by Employer Employer, Parent or its their Affiliates, the opportunity, resources and Confidential Information which Executive will need to establish business relationships with existing and prospective clients and customers of Employer Employer, Parent, or its their Affiliates, all for the exclusive benefit of Employer and its Parent or their respective Affiliates. Accordingly, Executive covenants and agrees that during the Term of his his/her employment with Employer and for a period of eighteen (18) months following the termination, for any reason whatsoever, of his his/her employment with Employer (including any voluntary termination or any termination for Good Reason by Executive or any termination by Employer with or without Cause), Executive shall not use any information that constitutes a trade secret or Confidential Information of Employer Employer, Parent or any of its their Affiliates to directly or indirectly, personally or through others, (i) solicit for or on behalf of any Person competing against Employer or any of its Affiliates, any existing or prospective client or customer of Employer Employer, Parent or any of its their Affiliates, or (ii) encourage or induce any client, customer, supplier or vendor of or service provider to Employer Employer, Parent or any of its their Affiliates to terminate or modify (in a manner adverse to any of them) the business relationship that any such client, customer, supplier, vendor or service provider has with any of them.

Appears in 1 contract

Sources: Employment Agreement (First Foundation Inc.)

Non-Interference Covenant. Executive acknowledges that in connection with and in the course of his her employment with Employer, Executive will have access to trade secrets and other Confidential Information of Employer and its Affiliates, which Confidential Information may include, without limitation, the identities of and information about the banking and other financial service needs and the investment goals and plans of clients and customers of Employer or its Affiliates. As a result of his her employment with Employer, Executive also will be given, by Employer or its Affiliates, the opportunity, resources and Confidential Information which Executive will need to establish business relationships with existing and prospective clients and customers of Employer or its Affiliates, all for the exclusive benefit of Employer and its Affiliates. Accordingly, Executive covenants and agrees that during the Term of his her employment with Employer and for a period of eighteen (18) months following the termination, for any reason whatsoever, of his her employment with Employer (including any voluntary termination or any termination for Good Reason by Executive or any termination by Employer with or without Cause), Executive shall not use any information that constitutes a trade secret or Confidential Information of Employer or any of its Affiliates to directly or indirectly, personally or through others, (i) solicit for or on behalf of any Person competing against Employer or any of its Affiliates, any existing or prospective client or customer of Employer or any of its Affiliates, or (ii) encourage or induce any client, customer, supplier or vendor of or service provider to Employer or any of its Affiliates to terminate or modify (in a manner adverse to any of them) the business relationship that any such client, customer, supplier, vendor or service provider has with any of them.

Appears in 1 contract

Sources: Employment Agreement (First Foundation Inc.)