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Common use of Avoid Conflict of Interest Clause in Contracts

Avoid Conflict of Interest. During the course of my employment, I shall inform the Company before accepting any employment, consulting or other relationship with another person or entity (i) in any field related to the Company’s line of business, or (ii) in a position that requires a significant time commitment. Lack of objection by the Company regarding any particular outside activity does not in any way reduce my obligations under this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Sorrento Therapeutics, Inc.), Employment Agreement (Sorrento Therapeutics, Inc.), Employment Agreement (Sorrento Therapeutics, Inc.)

Avoid Conflict of Interest. During the course of my employment, I shall inform the Company before accepting any employment, consulting or other relationship with another 8 person or entity (i) in any field related to the Company’s 's line of business, or (ii) in a position that requires a significant time commitment. Lack of objection by the Company regarding any particular outside activity does not in any way reduce my obligations under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Abovenet Communications Inc)

Avoid Conflict of Interest. During the course of my employment, I shall inform the Company before accepting any employment, consulting or other relationship with another person or entity (i) in any field related to the Company’s 's line of business, or (ii) in a position that requires a significant time commitment. Lack of objection by the Company regarding any particular outside activity does not in any way reduce my obligations under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Metromedia Fiber Network Inc)