Common use of Nonsolicitation and Noninterference Clause in Contracts

Nonsolicitation and Noninterference. During Participant’s employment and for 3 years following termination of Participant’s employment for any reason or no reason by either the Company or Participant, Participant will not, directly or indirectly (i) recruit, hire, retain or attempt to recruit, hire or retain, any then-current employee or independent contractor of the Company or any former employee who was employed by the Company within the prior six (6) months, for employment or engagement with an entity other than the Company, (ii) entice or attempt to persuade the Company’s then-current employee or independent contractor to leave employment or engagement with the Company or (iii) engage in or attempt to engage in negotiations with any targets, potential sellers or developers or other third-parties otherwise involved in transactions or potential transactions identified by the Company in its internal acquisition/development pipeline report (or its equivalent) within the six months prior to Participant’s termination of employment.

Appears in 2 contracts

Sources: Share Unit Award Agreement (Inland American Real Estate Trust, Inc.), Share Unit Award Agreement (Inland American Real Estate Trust, Inc.)