Common use of Upon termination of the Executive Clause in Contracts

Upon termination of the Executive. s employment for any reason, the Executive, for the twelve (12) month period following the Notice of Termination, shall not, on his own behalf or on behalf of any person or entity, directly or indirectly solicit or aid in the solicitation of any employees of the Company to leave their employment. In the event the Executive violates the terms of Section 7(a) or this Section 7(b), the Employee shall forfeit the right to all salary and benefits that the Executive and/or his family members were otherwise entitled pursuant to the terms of Section 3. Also, in the event that this Section 7 is determined to be unenforceable in part, it shall be construed to be enforceable to the maximum extent permitted by law.

Appears in 2 contracts

Sources: Severance Agreement (Goodys Family Clothing Inc /Tn), Severance Agreement (Goodys Family Clothing Inc /Tn)

Upon termination of the Executive. s employment for any reason, the Executive, for the twelve (12) month period following the Notice of Termination, shall not, on his her own behalf or on behalf of any person or entity, directly or indirectly solicit or aid in the solicitation of any employees of the Company to leave their employment. In the event the Executive violates the terms of Section 7(a) or this Section 7(b), the Employee shall forfeit the right to all salary and benefits that the Executive and/or his her family members were otherwise entitled pursuant to the terms of Section 3. Also, in the event that this Section 7 is determined to be unenforceable in part, it shall be construed to be enforceable to the maximum extent permitted by law.

Appears in 1 contract

Sources: Severance Agreement (Goodys Family Clothing Inc /Tn)