nonsolicitation

English

Etymology

non- +‎ solicitation

Adjective

nonsolicitation (not comparable)

1. 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

• nonsolicit

Noun

nonsolicitation (countable and uncountable, plural nonsolicitations)

1. 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

2. 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.