Key-Man Non-Solicitation Covenant

A restriction preventing the seller from soliciting or hiring away the target's key employees or customers for a defined period after closing.

Buyer Example

Buyer of a Pune engineering design firm secures a 3-year non-solicitation covenant from the exiting promoter covering the firm's top 8 design engineers and top 10 clients, protecting the acquired talent and revenue base from being systematically re-poached into the promoter's next venture.