Define: Existing Client

How is Existing Client defined in a legal contract?

• Existing Client means a client to whom services or products are being provided at the time of a staff member's termination from the [organization]. Alternatively, if services or products were provided to the client within the two-year period leading up to the staff member's termination. Seen in 12 SEC filings
• Existing Client means a client for whom [organization] is providing consulting services at the time of staff member's termination, or a client that received these services within the two-year period immediately prior to the staff member's termination. Seen in 11 SEC Filings
• Existing Client means a client currently covered under a contract or agreement with the [organization] at the time when a decision is made regarding the contract or agreement's section [clause]. Seen in 6 SEC Filings
• Existing Client means a client who had a trading account with the [organization] at the time of being approached by a partner, or a client who has been introduced by a partner and has opened a trading account with the [organization]. Seen in 4 SEC Filings
• Existing Client means an entity or individual who is a customer of the [organization] at the time of a staff member's termination, and with whom the staff member had direct contact on behalf of the [organization] at any time during their employment. Seen in 4 SEC Filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of existing client' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Existing Client means any individual or entity presently availing services or products, or has availed within the past two-years from [Organization Name].

Relevant Contract Types

• Business Sale Agreement
• Non-disclosure Agreement

Relevant Circumstances

• When managing and targeting marketing operations for the [Organization Name]
• During the review or termination of current business contracts and relationships

Relevant Sectors

• Retail
• Consulting Services
• Finance

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Genie Definition 2

Existing Client means any individual or entity who had a business relationship such as a trading account with [Organization Name] at the time of interaction.

Relevant Contract Types

• Partnership Agreement
• Client Agreement

Relevant Circumstances

• When defining the scope of referral programs and partnerships
• During negotiations for new or additional business deals

Relevant Sectors

• Technology
• Financial Services
• Real Estate

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