Common use of Business Activity Clause in Contracts

Business Activity. Employee shall devote full and complete attention and energies to the business of Company, and shall not during the term of this Agreement be engaged in any other business activity, whether or not such business activity is pursued for gain, profit or other pecuniary advantage and whether or not said other business activity is directly, indirectly or unrelated to the business activity of Company, without the express written consent of Company. However, this shall not be construed as preventing Employee from investing Employee’s assets in such form or manner as will not require any services on Employee’s part in the operation of the affairs of the companies in which such investments are made; provided, however, that any investment in any non-public companies shall not be in companies having allied or related business activities to Company.

Appears in 4 contracts

Samples: Employment Agreement (Enherent Corp), Employment Agreement (Enherent Corp), Employment Agreement (Enherent Corp)

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Business Activity. Employee shall devote full and complete attention and energies to the business of Company, and shall not during the term of this Agreement be engaged in any other business activity, whether or not such business activity is pursued for gain, profit or other pecuniary advantage and whether or not said other business activity is directly, indirectly or unrelated to the business activity of Company, without the express written consent of Company. However, this shall not be construed as preventing Employee from investing Employee’s 's assets in such form or manner as will not require any services on Employee’s 's part in the operation of the affairs of the companies in which such investments are made; provided, however, that any investment in any non-public companies shall not be in companies having allied or related business activities to Company.

Appears in 3 contracts

Samples: Employment Agreement (Enherent Corp), Employment Agreement (Enherent Corp), Employment Agreement (Enherent Corp)

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