Outside Activities Clause Example with 33 Variations from Business Contracts
This page contains Outside Activities clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
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
Variations of a "Outside Activities" Clause from Business Contracts
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 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) 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. 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 engaged by the Company, undertake or engage in any other service, 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 serve, (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive's duties, position with the Company, and (iii) such other activities as may be specifically approved by the Chief Executive Officer. Board in writing, in the cases of (i)-(iii), so long as such activities do not interfere or conflict with the performance of Executive's duties and responsibilities under this Agreement. 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 company, (y) managing Executive's passive personal investments (subject to the preceding subpart (x)), or (y) from employment (z) service 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. The Company further acknowledges and agrees that Executive is engaged in the activities set forth on Exhibit B, and that the Company consents to Executive's continued involvement in such activities. 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, and (iii) such other activities as may be specifically approved by the Chief Executive Officer. Board in writing, in the cases of (i)-(iii), so long as such activities do not interfere or conflict with the performance of Executive's duties and responsibilities under this Agreement. 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 company, (y) managing Executive's passive personal investments (subject to the preceding subpart (x)), 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. The Company further acknowledges and agrees that Executive is engaged in the activities set forth on Exhibit B, and that the Company consents to Executive's continued involvement in such activities. 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, and (iii) such other activities as may be specifically approved by the Chief Executive Officer. Board, in the cases of (i)-(iii), so long as such activities do not interfere or conflict with the performance of Executive's duties and responsibilities under this Agreement. 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 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. 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 enterprise, including accepting any appointment to the board of directors of another company, that would interfere or conflict, either directly or indirectly, with Executive's responsibilities and the performance of Executive's duties hereunder except for (i) reasonable time devoted to volunteer services for or on be...half 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, duties (iii) appointment to the board of directors of another company, so long as (A) prior to accepting such appointment Executive has notified and (iii) provided the Board with an opportunity to review and comment on such appointment and (B) such appointment does not interfere or conflict with Executive's responsibilities and the performance 3 of Executive's duties hereunder, (iv) service on the board of directors of Clovis Oncology and Immunomedics, of which Executive is a member as of the Effective Date, so long as such service does not interfere or conflict with Executive's responsibilities and the performance of Executive's duties hereunder, and (v) such other activities as may be specifically approved by the Chief Executive Officer. Board. This restriction shall not, however, preclude the Executive (x) from owning less than one percent (1%) of the total outstanding shares of a publicly-traded 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 Board, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise enterprise, including accepting any appointment to the board of directors of another company, that would interfere or conflict, either directly or indirectly, with Executive's responsibilities and the performance of Executive's duties hereunder except for (i) reasonable time devoted to volunteer services for or on be...half 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, duties (iii) appointment to the board of directors of another company, so long as (A) prior to accepting such appointment Executive has notified and (iii) provided the Board with an opportunity to review and comment on such appointment and (B) such appointment does not interfere or conflict with Executive's responsibilities and the performance of Executive's duties hereunder, (iv) service on the board of directors of Neoleukin Therapeutics, of which Executive is a member as of the Effective Date, so long as such service does not interfere or conflict with Executive's responsibilities and the performance of Executive's duties hereunder, 3 and (v) such other activities as may be specifically approved by the Chief Executive Officer. Board. This restriction shall not, however, preclude the Executive (x) from owning less than one percent (1%) of the total outstanding shares of a publicly-traded 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 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, and (iii) such other activities as may be specifically approved by the Chief Executive Officer. Officer, in the cases of (i)-(iii), so long as such activities do not interfere or conflict with the performance of Executive's duties and responsibilities under this Agreement. 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 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 4 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. 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, and (iii) such other activities as may be specifically approved by the Chief Executive Officer. Officer, in the cases of (i)-(iii), so long as such activities do not interfere or conflict with the performance of Executive's duties and responsibilities under this Agreement. 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 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
