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Common use of Conflicting Activities Clause in Contracts

Conflicting Activities. Executive shall not, during the term of this Agreement, be engaged in any other outside business activity without the prior written consent of the CEO with the exception of paid Board membership with non-competing companies, as approved by the CEO; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in publicly traded stocks and bonds and similar passive assets.

Appears in 4 contracts

Samples: Employment Agreement (Equity Bancshares Inc), Employment Agreement (Equity Bancshares Inc), Employment Agreement (Equity Bancshares Inc)

Conflicting Activities. Executive shall not, during the term of this Agreement, be engaged in any other outside business activity without the prior written consent of the CEO with the exception of paid Board membership with non-competing companies, as approved by the CEOBoard; provided, however, that this restriction shall not be construed as preventing Executive from investing his Executive's personal assets and time in publicly traded stocks and bonds and similar passive assetslisted companies that are not in competition with the Company or its affiliates, provided that Executive shall not own more than five percent (5%) of the outstanding securities of any such publicly listed companies.

Appears in 3 contracts

Samples: Executive Employment Agreement (Asia Green Agriculture Corp), Executive Employment Agreement (SMSA Palestine Acquistion Corp.), Executive Employment Agreement (SMSA Palestine Acquistion Corp.)

Conflicting Activities. The Executive shall will not, during the term of this Agreement, be engaged in any other outside business activity without the prior written consent of the CEO with the exception of paid Board membership with non-competing companiesBoard, as approved by the CEO; provided, provided however, that this restriction shall will not be construed as preventing the Executive from investing his personal assets in publicly traded stocks and bonds and similar purely passive assetsinvestments in business entities which are not in competition with the Company, its subsidiaries or affiliates.

Appears in 2 contracts

Samples: Employment Agreement (Cd Warehouse Inc), Employment Agreement (Cd Warehouse Inc)

Conflicting Activities. Executive shall not, during the term of this Agreement, be engaged in any other outside business activity without the prior written consent of the CEO Board with the exception of paid Board membership with non-competing companies, as approved by the CEOBoard; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in publicly traded stocks and bonds and similar passive assets.

Appears in 2 contracts

Samples: Employment Agreement (Equity Bancshares Inc), Employment Agreement (Equity Bancshares Inc)

Conflicting Activities. Executive shall not, during the term of this Agreement, be engaged in any other outside business activity without the prior written consent of the CEO with the exception of paid Board membership with non-competing companies, as approved by the CEOBoard; provided, however, that this restriction shall not be construed as preventing Executive from investing his Executive's personal assets and time in publicly traded stocks and bonds and similar passive assetsbusiness entities that are not in competition with the Company or its affiliates.

Appears in 2 contracts

Samples: Executive Employment Agreement (Lenco Mobile Inc.), Executive Employment Agreement (Lenco Mobile Inc.)

Conflicting Activities. Executive shall not, during the term of this Agreement, be engaged in any other outside business activity without the prior written consent of the CEO with Board of Directors of the exception of paid Board membership with non-competing companies, as approved by the CEOCompany; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in publicly traded stocks and bonds and similar passive assetsinvestments in business entities which are not in competition with the Company or in violation of his fiduciary duties to the Company.

Appears in 1 contract

Samples: Employment Agreement (Nascent Wine Company, Inc.)

Conflicting Activities. Executive shall not, during the term of this Agreement, be engaged in any other outside business activity without the prior written consent of the CEO with Board of Directors of the exception of paid Board membership with non-competing companies, as approved by the CEOCompany; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in publicly traded stocks and bonds and similar passive assetsinvestments in business entities which are not in competition with the Company, or in violation of his fiduciary duties to the Company.

Appears in 1 contract

Samples: Employment Agreement (Nascent Wine Company, Inc.)

Conflicting Activities. a. Executive shall not, during the term of this Agreement, be engaged in any other outside business activity without the prior written consent of the CEO with Board of Directors of the exception of paid Board membership with non-competing companies, as approved by the CEOCompany; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in publicly traded stocks and bonds and similar passive assetsinvestments in business entities which are not in competition with the Company or its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Cypress Financial Services Inc)

Conflicting Activities. Executive shall not, during the term of this Agreement, be engaged in any other outside business activity without the prior written consent of the CEO with the exception of paid Board membership with non-competing companies, as approved by the CEO; provided, however, that this restriction shall not be construed as preventing Executive from investing his her personal assets in publicly traded stocks and bonds and similar passive assets.

Appears in 1 contract

Samples: Employment Agreement (Equity Bancshares Inc)

Conflicting Activities. Executive shall not, during the term of this Agreement, be engaged in any other outside business activity without the prior written consent of the CEO Supervisor with the exception of paid Board membership with non-competing companies, as approved by the CEOSupervisor; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in publicly traded stocks and bonds and similar passive assets.

Appears in 1 contract

Samples: Employment Agreement (Equity Bancshares Inc)

Conflicting Activities. Executive shall not, during the term of this Agreement, be engaged in any other outside business activity without the prior written consent of the CEO Supervisor with the exception of paid Board membership with non-competing companiescompanies or transition counsel services work for Executive’s law firm, as approved by the CEOSupervisor; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in publicly traded stocks and bonds and similar passive assets.

Appears in 1 contract

Samples: Employment Agreement (Equity Bancshares Inc)

Conflicting Activities. The Executive shall will not, during the term of this Agreement, be engaged in any other outside business activity without the prior written consent of the CEO with the exception of paid Board membership with non-competing companiesBoard, as approved by the CEO; provided, provided however, that this restriction shall will not be construed as preventing the Executive from fulfilling his ongoing military obligations or investing his personal assets in publicly traded stocks and bonds and similar purely passive assetsinvestments in business entities which are not in competition with the Company, its subsidiaries or affiliates.

Appears in 1 contract

Samples: Employment Agreement (Cd Warehouse Inc)