nonsolicitation
English
editEtymology
editFrom non- + solicitation.
Adjective
editnonsolicitation (not comparable)
- Being or pertaining to a particular kind of noncompetition agreement that forbids a former employee from attempting to recruit the employer's colleagues or customers.
Synonyms
editNoun
editnonsolicitation (countable and uncountable, plural nonsolicitations)
- The failure to solicit proxies by a company trying to limit expenses incurred from proxy rules.
- 1942, United States. Congress. House. Committee on Interstate and Foreign Commerce, Hearings, Page 1144:
- The parallel study by the New York Curb Exchange indicates an even graver increase in nonsolicitation. A study of nonsolicitation by companies having stock listed on the New York Curb Exchange in the year 1935, prior to the adoption
- A particular kind of noncompetition agreement that forbids a former employee from attempting to recruit the employer's colleagues or customers.
- 2011, Coco Soodak, Birth to Buyout: Law for the Life Cycle of Your Business, Page 26:
- Nonsolicitations are promises to not go after relationships with people. Typically, these prohibit asking employees to leave a company for new opportunities or asking customers to reduce or eliminate purchases with the company.