Common use of Solicitation of Clients Clause in Contracts

Solicitation of Clients. I agree that at no time during the term of this Agreement or for one year after its termination will I, directly or indirectly, without the Company's consent, attempt to solicit, by mail, phone, personal meeting, or any other means, any Client (other than my spouse or a member of my family) whose Account I serviced or whose name became known to me during my affiliation with the Company: (i) to transfer his or her Account to any other broker-dealer or financial services firm; (ii) to open a new account with any other broker-dealer or financial services firm; or, (iii) to close his or her Account, liquidate Authorized Products, or otherwise discontinue his or her association with the Company and its products. I understand and agree that the prohibitions on solicitation of Clients apply whether the Clients are obtained through my own efforts or as the result of reassignments of house accounts, seminars, advertising, or other means. I understand that, while I may develop Clients from contacts with friends and acquaintances that I may have had prior to my affiliation with the Company, in doing so I will be using the Company's name, good will, and resources.