Outside Activities Clause Example from Business Contracts

This example Outside Activities clause appears in 6 contracts from 1 company

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 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 position wit...h the Company, and (iii) such other activities as may be specifically approved by the Chief Executive 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) owning less than one percent (1%) of the total outstanding shares of a publicly-traded company, (y) managing Executive's passive personal investments, or (z) employment or service in any capacity with Affiliates of the Company. As used in this Agreement, "Affiliates" 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. View More Arrow
Found in GX Acquisition Corp. contract
GX Acquisition Corp. Contracts

Employment Agreement by and between Celularity and David C. Beers, dated as of January 7, 2021 (Filed With SEC on January 25, 2021)

Employment Agreement by and between Celularity and Gregory Berk, dated as of January 7, 2021 (Filed With SEC on January 25, 2021)

Employment Agreement by and between Celularity and Stephen A. Brigido, dated as of January 7, 2021 (Filed With SEC on January 25, 2021)

Employment Agreement by and between Celularity and Keary Dunn, dated as of January 7, 2021 (Filed With SEC on January 25, 2021)

Employment Agreement by and between Celularity and John R. Haines, dated as of January 7, 2021 (Filed With SEC on January 25, 2021)

Employment Agreement by and between Celularity and Xiaokui Zhang, dated as of January 7, 2021 (Filed With SEC on January 25, 2021)