Grouped Into 10 Collections of Similar Clauses From Business Contracts
This page contains Outside Activities clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Outside Activities. Except with the prior written consent of the Board, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise that would interfere with Executive's responsibilities and the performance of Executive's duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non-profit and/or other charitable organization as Executive may wish to serve, (ii) reasonable time ...devoted to activities in the non-profit and business communities consistent with Executive's duties, and (iii) such other activities as may be specifically approved by the Chief Executive Officer. This restriction shall not, however, preclude Executive (x) from owning less than one percent (1%) of the total outstanding shares of a publicly-traded company, or (y) from employment or service in any capacity with Affiliates of the Company. As used in this Agreement, "Affiliates" means an entity under common management or control with the Company.View More
Outside Activities. Except with the prior written consent of the Company's Board, Executive Employee will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise that would interfere with Executive's Employee's responsibilities and the performance of Executive's Employee's duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non-profit and/or other charitable organization as Executive... Employee may wish to serve, serve; (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive's duties, Employee's duties; and (iii) such other activities as may be specifically approved by the Chief Executive Officer. Board. This restriction shall not, however, preclude Executive (x) the Employee from owning less than one percent (1%) of the total outstanding shares of a publicly-traded company, or (y) from employment or service in any capacity with Affiliates of the Company. As used in this Agreement, "Affiliates" means an entity under common management or control with the Company. publicly traded company. View More
Outside Activities. Except with the prior written consent of the Board, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation occupation, or business enterprise that would interfere with Executive's responsibilities and the performance of Executive's duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non-profit non-profit, and/or other charitable organization as Executive may wish to serv...e, (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive's duties, position with the Company, (iii) reasonable time serving as trustee, director, or advisor to any family companies or trusts, or (iv) with prior written notice to the Board, reasonable time devoted to service as a member of the board of directors (or its equivalent in the case of a non-corporate entity) of a non-competing business; so long as the activities set forth in clauses (i), (ii), (iii), and (iii) such other activities as may be specifically approved by (iv) do not interfere, individually or in the Chief Executive Officer. aggregate, with the performance of Executive's duties for the Company, are not competitive with the business of the Company, will not otherwise result in Executive's breach of the Confidential Information Agreement, or create a business or fiduciary conflict. This restriction shall not, however, preclude Executive from (x) from owning less than one percent (1%) of the total outstanding shares of a publicly-traded publicly traded company, (y) managing Executive's passive personal investments, or (y) from (z) employment or service in any capacity with Affiliates of the Company. As used in this Agreement, "Affiliates" means means, at the time of determination, any "parent" or "subsidiary" of the Company as such terms are defined in Rule 405 of the Securities Act of 1933, as amended. The Board will have the authority to determine the time or times at which "parent" or "subsidiary" status is determined within the foregoing definition. 3 5. NO CONFLICT WITH EXISTING OBLIGATIONS. Executive represents that Executive's performance of all the terms of this Agreement and continued service as an entity under common management employee of the Company do not and will not breach any agreement or control obligation of any kind made prior to Executive's employment by the Company, including agreements or obligations Executive may have with prior employers or entities for which Executive has provided services. Executive has not entered into, and Executive agrees that Executive will not enter into, any agreement or obligation, either written or oral, in conflict herewith or with Executive's duties to the Company. View More
Outside Activities. Except with the prior written consent of the Board, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation occupation, or business enterprise that would interfere with Executive's responsibilities and the performance of Executive's duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non-profit non-profit, and/or other charitable organization as Executive may wish to serv...e, (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive's duties, position with the Company, (iii) reasonable time serving as trustee, director, or advisor to any family companies or trusts, or (iv) with prior written notice to the 3 Board, reasonable time devoted to service as a member of the board of directors (or its equivalent in the case of a non-corporate entity) of a non-competing business; so long as the activities set forth in clauses (i), (ii), (iii), and (iii) such other (iv) (A) do not, individually or in the aggregate, interfere with the performance of the Executive's duties under this Agreement, (B) are not contrary to the interests of the Company or its Affiliates or competitive in any way with the Company its Affiliates or (C) are not in the field of constrained peptide drugs or therapeutics (including, without limitation, any work in the field of lead peptide identification and optimization and pre-clinical development of constrained peptide therapeutics). In addition, the activities as set forth in clauses (i), (ii), (iii), and (iv) may not exceed, in the aggregate, 6 days of Executive's services per year, which permitted time commitment may be specifically approved increased by the Chief Board, in its discretion which shall not be unreasonably withheld, to up to 12 days per year where a new specific opportunity has been identified by Executive Officer. which would give Executive experience that is considered to be of wider benefit to the Company. This restriction shall not, however, preclude Executive from (x) from owning less than one percent (1%) of the total outstanding shares of a publicly-traded publicly traded company, (y) managing Executive's passive personal investments, or (y) from (z) employment or service in any capacity with Affiliates of the Company. As used in this Agreement, "Affiliates" means an entity under common management means, at the time of determination, any "parent" or control with "subsidiary" of the Company. Company as such terms are defined in Rule 405 of the Securities Act of 1933, as amended. The Board will have the authority to determine the time or times at which "parent" or "subsidiary" status is determined within the foregoing definition. View More
Outside Activities. While you render services to the Company, you agree that you will not engage in any other employment, consulting or other business activity without the written consent of the Company. In addition, while you render services to the Company, you will not assist any person or entity in competing with the Company, in preparing to compete with the Company or in hiring any employees or consultants of the Company.
Outside Activities. While you render services to the Company, you agree that you will not engage in any other directorships, employment, consulting or other business activity without the Company's prior written consent of the Company. In addition, while consent. While you render services to the Company, you will not assist any person or entity in competing with the Company, in preparing to compete with the Company or in hiring any employees or consultants of the Company.
Outside Activities. While you render services to the Company, you agree that you will not engage in any other employment, consulting or other business activity without the written consent of the Company. In addition, while you render services to the Company, you will not assist any person or entity in competing with the Company, in preparing to compete with the Company or in hiring any employees or consultants of the Company.
Outside Activities. While you render services to the Company, you agree that you will not engage in any other employment, consulting or other business activity without the written consent of the Company. In addition, while you render services to the Company, you will not assist any person or entity in competing with the Company, in preparing to compete with the Company or in hiring any employees or consultants of the Company.
Outside Activities. 9.1 Other Employment/Enterprise. Except with the prior written consent of the Company's Board, Executive will not while employed by the Company undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities or serve as a member of a not-for-profit or for-profit board of directors so long as such activities do not materially interfere or conflict with the performa...nce of his duties hereunder. 9.2 Conflicting Interests. Except as permitted by Section 9.3, while employed by the Company, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise. 9.3 Competing Enterprises. While employed by the Company, except on behalf of the Company, Executive will not directly or indirectly, whether as an officer, director, stockholder, partner, proprietor, associate, representative, consultant, or in any capacity whatsoever engage in, become financially interested in, be employed by or have any business connection with any other person, corporation, firm, partnership or other entity whatsoever which are known by him to compete directly with the Company, throughout the world, in any line of business engaged in (or planned to be engaged in) by the Company; provided, however, that anything above to the contrary notwithstanding, he may own, as a passive investor, securities of any public competitor corporation, so long as his direct holdings in any one such corporation shall not in the aggregate constitute more than 1% of the voting stock of such corporation.View More
Outside Activities. 9.1 4.1 Other Employment/Enterprise. Except with the prior written consent of the Company's Board, the Executive will not not, while employed by the Company Company, undertake or engage in any other employment, occupation or business enterprise, other than ones in which the Executive is a passive investor. investor and any services performed by the Executive do not materially interfere with the performance of his duties under this Agreement. Notwithstanding the foregoing, the Executive may (a) e...ngage in civic and not-for-profit activities and (b) accept board, advisor or serve as a member of a not-for-profit or for-profit board of directors similar positions with other companies, in each case so long as such activities do not materially interfere or conflict with the performance of his duties hereunder. 9.2 under this Agreement. 4.2 Conflicting Interests. Except as permitted by Section 9.3, 4.3, while employed by the Company, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise. 9.3 4.3 Competing Enterprises. While employed by the Company, except on behalf of the Company, the Executive will not directly or indirectly, whether as an officer, director, stockholder, partner, proprietor, associate, representative, consultant, or in any capacity whatsoever engage in, become financially interested in, be employed by or have any business connection with any other person, corporation, firm, partnership or other entity whatsoever which are were known by him to compete directly with the Company, throughout the world, in any 3 line of business engaged in (or planned to be engaged in) by the Company; provided, however, that anything above to the contrary notwithstanding, he the Executive may own, as a passive investor, securities of any public competitor corporation, so long as his direct holdings in any one such corporation shall will not in the aggregate constitute more than 1% of the voting stock of such corporation. 4.4 Non-Solicitation. While employed by the Company and for two (2) years following termination of the Executive's employment, except on behalf of the Company, the Executive will not, directly or indirectly, solicit or attempt to solicit any employee, independent contractor or consultant of the Company to terminate his, her or its relationship with Company in order to become an employee, consultant, or independent contractor to or for any other person or entity. View More
Outside Activities. 9.1 4.1 Other Employment/Enterprise. Except with the prior written consent of the Company's Board, Executive will not not, while employed by the Company Company, undertake or engage in any other employment, occupation or business enterprise, other than ones those in which Executive is a passive investor. Executive may engage in limited advisory relationships with and serve on the boards of other companies (provided such companies are not in competitive markets), scientific research, scholarly wr...iting and publications, and civic and not-for-profit activities or serve as a member of a not-for-profit or for-profit board of directors so long as such activities do not materially interfere or conflict with the performance of his Executive's duties hereunder. 9.2 4.2 Conflicting Interests. Except as permitted by Section 9.3, 4.3, while employed by the Company, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him Executive to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise. 9.3 4.3 Competing Enterprises. While employed by the Company, except on behalf of the Company, Executive will not directly or indirectly, whether as an officer, director, stockholder, partner, proprietor, associate, representative, consultant, or in any capacity whatsoever engage in, become financially interested in, be employed by or have any business connection with any other person, corporation, firm, partnership or other entity whatsoever which are were known by him Executive to compete directly with the Company, throughout the world, in any line of business engaged in (or then currently planned to be engaged in) by the Company; provided, however, that anything above to the contrary notwithstanding, he Executive may own, as a passive investor, securities of any public competitor corporation, so long as his Executive's direct holdings in any one such corporation shall not in the aggregate constitute more than 1% 2% of the voting stock of such corporation. View More
Outside Activities. 9.1 Other Employment/Enterprise. Except Limitation on Certain Activities. The Company understands that Executive may have professional engagements providing services with other parties and the prior written consent of Company and the Company's Board, Executive agree that Executive will limit such services to not while employed by more than a 20% time-commitment, on average, and that such services shall not conflict or interfere with Executive's obligations to the Company undertake or engage in a...ny other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities or serve as a member of a not-for-profit or for-profit board of directors so long as such activities do not materially interfere or conflict with the performance of his duties hereunder. 9.2 Conflicting Interests. Except as permitted by Section 9.3, while employed by the Company, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise. 9.3 under this Agreement. Competing Enterprises. Entities. While employed by the Company, except on behalf of the Company, Executive will not directly or indirectly, whether as an officer, director, stockholder, partner, proprietor, associate, representative, consultant, consultant or in any capacity whatsoever engage in, become financially interested in, be employed by or have any business connection with any other person, corporation, firm, partnership or other entity whatsoever which are was or should have been known by him to compete directly with the Company, throughout the world, in any line of business engaged in (or planned to be engaged in) by the Company; provided, however, that anything above to the contrary notwithstanding, he may own, as a passive investor, securities of any public publicly owned competitor corporation, so long as his direct holdings in any one such corporation 3 shall not in the aggregate constitute more than 1% one percent of the voting stock of such corporation. View More
Outside Activities. Throughout your employment with the Company, you may engage in civic and not-for-profit activities so long as such activities do not interfere with the performance of your duties hereunder or present a conflict of interest with the Company. Subject to the restrictions set forth herein and with the prior written consent of the Board, you may serve as a director of other corporations and may devote a reasonable amount of your time to other types of business or public activities not expressly menti...oned in this paragraph. The Board may rescind its consent to your service as a director of all other corporations or participation in other business or public activities, if the Board, in its sole discretion, determines that such activities compromise or threaten to compromise the Company's business interests or conflict with your duties to the Company. During your employment by the Company, except on behalf of the Company, you will not directly or indirectly serve as an officer, director, stockholder, employee, partner, proprietor, investor, joint venturer, associate, representative or consultant of any other person, corporation, firm, partnership or other entity whatsoever known by you to compete with the Company (or is planning or preparing to compete with the Company), anywhere in the world, in any line of business engaged in (or planned to be engaged in) by the Company; provided, however, that you may purchase or otherwise acquire up to (but not more than) one percent (1%) of any class of securities of any enterprise (but without participating in the activities of such enterprise) if such securities are listed on any national or regional securities exchange.View More
Outside Activities. Throughout your employment with the Company, you may be eligible to engage in civic civic, educational, not-for-profit or similar types of activities and/or managing your and not-for-profit activities your family's personal investments and affairs, so long as such activities do not interfere with the performance of your duties hereunder or present a conflict of interest and are in accordance with the Company. Subject to the restrictions set forth herein Company's Code of Business Conduct and wit...h the prior written consent of the Board, you may serve as a director of other corporations and may devote a reasonable amount of your time to other types of business or public activities not expressly mentioned in this paragraph. The Board may rescind its consent to your service as a director of all other corporations or participation in other business or public activities, if the Board, in its sole discretion, determines that such activities compromise or threaten to compromise the Company's business interests or conflict with your duties to the Company. Ethics. During your employment by the Company, except on behalf of the Company, you will not directly or indirectly serve as an officer, director, stockholder, employee, partner, proprietor, investor, joint venturer, associate, representative or consultant of any other person, corporation, firm, partnership or other entity whatsoever known by you to compete with the Company (or is planning or preparing to compete with the Company), anywhere in the world, in any line of business engaged in (or demonstrably planned to be engaged in) by the Company; provided, however, that you may purchase or otherwise acquire up to (but not more than) one percent (1%) of any class of securities of any enterprise (but without participating in the activities of such enterprise) if such securities are listed on any national or regional securities exchange. View More
Outside Activities. Throughout your employment with the Company, you may engage in civic and not-for-profit activities so long as such activities do not interfere with the performance of your duties hereunder or present a conflict of interest with the Company. Subject to the restrictions set forth herein and with the prior written consent of the Board, you may serve as a director of other corporations and may devote a reasonable amount of your time to other types of business or public activities not expressly menti...oned in this paragraph. The Board may rescind its consent to your service as a director of all other corporations or participation in other business or public activities, if the Board, in its sole discretion, determines that such activities compromise or threaten to compromise the Company's business interests or conflict with your duties to the Company. During your employment by the Company, except on behalf of the Company, you will not directly or indirectly serve as an officer, director, stockholder, employee, partner, proprietor, investor, joint venturer, associate, representative or consultant of any other person, corporation, firm, partnership or other entity whatsoever known by you to compete with the Company (or is planning or preparing to compete with the Company), anywhere in the world, in any line of business engaged in (or planned to be engaged in) by the Company; provided, however, that you may purchase or otherwise acquire up to (but not more than) one percent (1%) of any class of securities of any enterprise (but without participating in the activities of such enterprise) if such securities are listed on any national or regional securities exchange. View More
Outside Activities. Throughout your employment with the Company, you may engage in civic and not-for-profit activities so long as such activities do not interfere with the performance of your duties hereunder or present a conflict of interest with the Company. Subject to the restrictions set forth herein and with the prior written consent of the Board, you may serve as a director of other corporations and may devote a reasonable amount of your time to other types of business or public activities not expressly menti...oned in this paragraph. The Board may rescind its consent to your service as a director of all other corporations or participation in other business or public activities, if the Board, in its sole discretion, determines that such activities compromise or threaten to compromise the Company's business interests or conflict with your duties to the Company. During your employment by the Company, except on behalf of the Company, you will not directly or indirectly serve as an officer, director, stockholder, employee, partner, proprietor, investor, joint venturer, associate, representative or consultant of any other person, corporation, firm, partnership or other entity whatsoever known by you to compete with the Company (or is planning or preparing to compete with the 4 Company), anywhere in the world, in any line of business engaged in (or planned to be engaged in) by the Company; provided, however, that you may purchase or otherwise acquire up to (but not more than) one percent (1%) of any class of securities of any enterprise (but without participating in the activities of such enterprise) if such securities are listed on any national or regional securities exchange. View More
Outside Activities. During the term of this Agreement, the Employee shall not, directly or indirectly, either as an officer, director, employee, representative, principal, partner, shareholder, employee, agent or in any other capacity, engage or assist any third party in engaging in any business competitive with the business of the Company, without the prior written consent of the Company, which consent may be withheld by the Company in its sole and absolute discretion. Following his employment with the Company, th...e Employee shall not engage in unfair competition with the Company, aid others in any unfair competition with the Company, in any way breach the confidence that the Company has placed in the Employee or misappropriate any proprietary information of the Company.View More
Outside Activities. During the term of this Agreement, Term, the Employee shall not, directly or indirectly, either as an officer, director, employee, representative, principal, partner, shareholder, employee, agent or in any other capacity, engage or assist any third party in engaging in any business competitive competitive, or potentially competitive, with the business of the Company, or engage in any other gainful occupation which requires his personal attention, without the prior written consent of the Company,... which consent may be withheld by the Company in its sole and absolute discretion. Following his employment with the Company, the Employee shall not engage in unfair competition with the Company, aid others in any unfair competition with the Company, in any way breach the confidence that the Company has placed in the Employee Employee, or misappropriate any proprietary information of the Company. 4 9. Reports. The Employee, when directed, shall provide written reports to the Company with respect to the services provided hereunder. View More
Outside Activities. Subject to Section 1.5 and except with the prior written consent of the Company's President and Chief Executive Officer, Employee will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise that would interfere with Employee's responsibilities and the performance of Employee's duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non-profit and/or other charitable ...organization as Employee may wish to serve; (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Employee's duties; (iii) the consulting and other activities stated in Exhibit B, provided that such activities do not interfere with Employee's full performance of duties under this Agreement and do not pose a conflict of interest in the determination of the President and Chief Executive Officer; and (iv) such other activities as may be specifically approved by the President and Chief Executive Officer as activities that do not interfere with Employee's full performance of duties under this Agreement and do not pose a conflict of interest. For the avoidance of doubt, with respect to (iv) of this Section 4, Employee may enter into engagements to serve on advisory boards or to provide consulting services after the Start Date so long as Employee has first disclosed such proposed engagements to the President and Chief Executive Officer and obtained consent for such engagements. This restriction shall not, however, preclude Employee from owning less than one percent (1%) of the total outstanding shares of a publicly-traded company. Promptly following the Start Date, Employee agrees to terminate all existing outside activities that the President and Chief Executive Officer deem to pose an unresolvable conflict with the Company's interests. Likewise, Employee agrees to decline any engagements under (iv) of this Section 4 that the President and Chief Executive Officer deem to pose an unresolvable conflict with the Company's interests.View More
Outside Activities. Subject to Section 1.5 and except Except with the prior written consent of the Company's President and Chief Board, Executive Officer, Employee will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise that would interfere with Employee's Executive's responsibilities and the performance of Employee's Executive's duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educationa...l, non-profit and/or other charitable organization as Employee Executive may wish to serve; (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Employee's Executive's duties; (iii) Executive's participation in professional and academic activities; (iv) the consulting and other activities stated in Permitted Outside Activities, attached hereto as Exhibit B, provided that such activities do not interfere with Employee's Executive's full performance of duties under this Agreement and do not pose a conflict of interest in the determination of the President and Chief Executive Officer; and (iv) (v) such other activities as may be specifically approved by the President and Chief Executive Officer as activities that do not interfere with Employee's full performance of duties under this Agreement and do not pose a conflict of interest. Board. For the avoidance of doubt, with respect to (iv) of this Section 4, Employee Executive may enter into engagements to serve on advisory boards or to provide consulting services after the Start Effective Date so long as Employee Executive has first disclosed such proposed engagements to the President and Chief Executive Officer and obtained consent for such engagements. This restriction shall not, however, preclude Employee from owning less than one percent (1%) of the total outstanding shares of a publicly-traded company. Promptly following the Start Date, Employee Executive agrees to terminate all existing outside activities that the President and Chief Executive Officer deem to pose an unresolvable conflict with the Company's interests. Likewise, Employee Executive agrees to decline any engagements under (iv) of this Section 4 that the President and Chief Executive Officer deem to pose an unresolvable conflict with the Company's interests. This restriction shall not, however, preclude Executive from managing personal investments or owning less than one percent (1%) of the total outstanding shares of a publicly-traded company. View More
Outside Activities. Executive shall serve the Company faithfully and to the best of his ability, shall use his business judgment, skill and best efforts to the advancement of the interests of the Company during the Term. Executive shall not engage, directly or indirectly, in any other business, investment or activity that (a) interferes with the performance of Executive's duties under this Agreement, (b) is contrary to the interests of the Company or any of its affiliates or (c) requires any portion of Executive's ...business time; provided, however, that, to the extent that the following does not impair Executive's ability to perform Executive's duties pursuant to this Agreement, Executive, with the Board's prior written approval (which approval may be withheld in the sole discretion of the Board), may serve on the board or committee of any non-profit, educational, religious, charitable or other similar organization, may have speaking engagements, and may serve as a member of the Board of Directors or equivalent of other organizations or companies (collectively, "Outside Activities"), provided, however, that if, after it provides prior written approval for an Outside Activity, the Board determines in good faith that such Outside Activity is inconsistent with applicable law or Company policy, or conflicts with Executive's obligations under this Agreement, Executive will cease any such Outside Activity upon written notice from the Board.View More
Outside Activities. Executive shall serve the Company faithfully and to the best of his her ability, shall use his her business judgment, skill and best efforts to the advancement of the interests of the Company during the Term. Executive shall not engage, directly or indirectly, in any other business, investment or activity that (a) interferes with the performance of Executive's duties under this Agreement, (b) is contrary to the interests of the Company or any of its affiliates affiliates, or (c) requires any por...tion of Executive's business time; provided, however, that, to the extent that the following does not impair Executive's ability to perform Executive's duties pursuant to this Agreement, Executive, with the Board's Chief Executive Officer's prior written approval (which approval may be withheld in the sole discretion of the Board), Chief Executive Officer), may serve on the board or committee of any non-profit, educational, religious, charitable or other similar organization, may have speaking engagements, and may serve as a member of the Board of Directors or equivalent of other organizations or companies (collectively, "Outside Activities"), provided, however, that if, after it provides prior written approval for an Outside Activity, the Board Chief Executive Officer determines in good faith that such Outside Activity is inconsistent with applicable law or Company policy, or conflicts with Executive's obligations under this Agreement, Executive will cease any such Outside Activity upon written notice from the Board. Chief Executive Officer. View More
Outside Activities. Executive shall serve the Company faithfully and to the best of his her ability, shall use his her business judgment, skill and best efforts to the advancement of the interests of the Company during the Term. Executive shall not engage, directly or indirectly, in any other business, investment or activity that (a) interferes with the performance of Executive's duties under this Agreement, (b) is contrary to the interests of the Company or any of its affiliates affiliates, or (c) requires any por...tion of Executive's business time; provided, however, that, to the extent that the following does not impair Executive's ability to perform Executive's duties pursuant to this Agreement, Executive, with the Board's Chief Executive Officer's prior written approval (which approval may be withheld in the sole discretion of the Board), Chief Executive Officer), may serve on the board or committee of any non-profit, educational, religious, charitable or other similar organization, may have speaking engagements, and may serve as a member of the Board of Directors or equivalent of other organizations or companies (collectively, "Outside Activities"), provided, however, that if, after it provides prior written approval for an Outside Activity, the Board Chief Executive Officer determines in good faith that such Outside Activity is inconsistent with applicable law or Company policy, or conflicts with Executive's obligations under this Agreement, Executive will cease any such Outside Activity upon written notice from the Board. Chief Executive Officer. View More
Outside Activities. 4.1 Activities. Except with the prior written consent of the Board, Executive will not during his employment with the Company undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Notwithstanding the foregoing and provided that the following activities do not materially interfere with Executive's duties and responsibilities as President and Chief Executive Officer, Executive may (i) engage in charitable and commu...nity affairs, so long as such activities are consistent with his duties and responsibilities under this Agreement, (ii) simultaneously serve on the board of directors for no more than two private or public for profit companies and (iii) serve on the board of directors of such other companies with the prior written consent of the Chairman of the Board. The Company hereby acknowledges and consents, for so long as Caribou is an Affiliate of the Company, to Executive's service to Caribou as described in Section 1.2. 4 4.2 Investments and Interests. Executive agrees not to acquire, assume or participate in, directly or indirectly, any material position, investment or interest known by him to be adverse or antagonistic to the Company or any of its affiliates or their businesses or prospects, financial or otherwise. 4.3 Non-Competition. During his employment by the Company, except on behalf of the Company or as specifically provided in Section 1.2 in respect of Caribou, Executive will not directly or indirectly, whether as an officer, director, stockholder, partner, proprietor, associate, representative, consultant, or in any capacity whatsoever engage in, become financially interested in, be employed by or have any business connection with any other person, corporation, firm, partnership or other entity whatsoever which were known by him to compete with the Company or any of its affiliates, throughout the world, in any line of business engaged in (or planned to be engaged in) by the Company or any of its affiliates.View More
Outside Activities. 4.1 Activities. Except with the prior written consent of the Board, Executive will not during his employment with the Company undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Notwithstanding the foregoing and provided that the following activities do not materially interfere with Executive's duties and responsibilities as President and Chief Executive Financial Officer, Executive may (i) engage in charitable... and community affairs, so long as such activities are consistent with his duties and responsibilities under this Agreement, Agreement and (ii) simultaneously serve on the board of directors for no more than two private or public for profit companies and (iii) serve on the board of directors of such other companies with the prior written consent of the Chairman of the Board. The Company hereby acknowledges and consents, for so long as Caribou is an Affiliate of the Company, to Executive's service to Caribou as described in Section 1.2. 4 4.2 Investments and Interests. Executive agrees not to acquire, assume or participate in, directly or indirectly, any material position, investment or interest known by him to be adverse or antagonistic to the Company or any of its affiliates or their businesses or prospects, financial or otherwise. 4.3 Non-Competition. During his employment by the Company, except on behalf of the Company or as specifically provided in Section 1.2 in respect of Caribou, Company, Executive will not directly or indirectly, whether as an officer, director, stockholder, partner, proprietor, associate, representative, consultant, or in any capacity whatsoever engage in, become financially interested in, be employed by or have any business connection with any other person, corporation, firm, partnership or other entity whatsoever which were known by him to compete with the Company or any of its affiliates, throughout the world, in any line of business engaged in (or planned to be engaged in) by the Company or any of its affiliates. View More
Outside Activities. During the term of this Agreement, or any extensions thereof, Employee agrees to not engage in any other gainful employment, business or activity that is competitive to, or in conflict (directly, indirectly, actual or potential) with the Consolidated Company, without the written consent of the Company. While Employee renders services to the Consolidated Company, Employee will not assist any person or organization in competing with the Consolidated Company, in preparing to compete with the Consol...idated Company, or in hiring any employees of the Consolidated Company. 1 5. Work and Reside in Orange County. Employee agrees that he will work full time at the Company's main office in Irvine, California, and be required to reside (in a primary residence) in the immediate Irvine or greater Orange County, California metropolitan area for the duration of Employee's employment.View More
Outside Activities. During the term of this Agreement, or any extensions thereof, Employee agrees to not engage in any other gainful employment, business or activity that is competitive to, or in conflict (directly, indirectly, actual or potential) with the Consolidated Company, without the written consent of the Company. While Employee renders services to the Consolidated Company, Employee will not assist any person or organization in competing with the Consolidated Company, in preparing to compete with the Consol...idated Company, or in hiring any employees of the Consolidated Company. 1 5. Work and Reside in Orange County. Employee agrees that he will work full time at the Company's main office in Irvine, California, and be required to reside (in a primary residence) in the immediate Irvine or greater Orange County, California metropolitan area for the duration of Employee's employment.View More
Outside Activities. Except with the prior written consent of the Board, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation, consulting, advisory, or other business enterprise or business activities that would interfere with Executive's responsibilities and the performance of Executive's duties under this Agreement with the exception that engaging in charitable, civic, community activities and serving of boards of directors of charitable or civic organizations ...will not constitute interference, provided the time spent in such activities does not negatively impact Executive's performance of Executive's duties under this Agreement.View More
Outside Activities. Except with the prior written consent of the Board, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation, consulting, advisory, or other business enterprise or business activities that would interfere with Executive's responsibilities and the performance of Executive's duties under this Agreement with the exception that engaging in charitable, civic, community activities and serving of boards of directors of charitable or civic organizations ...will not constitute interference, provided the time spent in such activities does not negatively impact Executive's performance of Executive's duties under this Agreement. 4 6. NO CONFLICT WITH EXISTING OBLIGATIONS. Executive represents that Executive's performance of all the terms of this Agreement and as an executive of the Company does not and will not breach any agreement or obligation of any kind made prior to Executive's employment by the Company, including agreements or obligations Executive may have with prior employers or entities for which Executive has provided services. Executive has not entered into, and Executive agrees that Executive will not enter into, any agreement or obligation, either written or oral, that conflicts with Executive's obligations hereunder. View More
