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Common use of Conflicting Activities Clause in Contracts

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company. (2) Executive hereby agrees to promote and develop all business opportunities that come to his attention relating to current or anticipated future business of the Company, in a manner consistent with the best interests of the Company and with his duties under this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (She Beverage Company, Inc.), Employment Agreement (She Beverage Company, Inc.), Employment Agreement (Solo International, Inc)

Conflicting Activities. (1a) Executive shall notmay, during the term Initial Term or any Renewal Term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business activities without the prior consent of the Board of Directors of the Company; provided, however, that Executive may not compete directly with the Company. Further, nothing in this restriction Agreement shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, passive investments in business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Companypermitted by Section 4.4(b). (2b) Executive hereby agrees to promote and develop all business opportunities that come to his attention relating to current or anticipated future business of the Company, in a manner consistent with the best interests of the Company and with his duties under this Agreement.anticipated

Appears in 4 contracts

Samples: Employment Agreement (Accelr8 Technology Corp), Employment Agreement (Accelr8 Technology Corp), Employment Agreement (Accelr8 Technology Corp)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s 's primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company. (2) Executive hereby agrees to promote and develop all business opportunities that come to his attention relating to current or anticipated future business of the Company, in a manner consistent with the best interests of the Company and with his duties under this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (She Beverage Company, Inc.), Other/Miscellaneous Agreements (Supernova Energy, Inc.), Employment Agreement (Solo International, Inc)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his her personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his her performance as executive for the Company. (2) Executive hereby agrees to promote and develop all business opportunities that come to his him attention relating to current or anticipated future business of the Company, in a manner consistent with the best interests of the Company and with his her duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (She Beverage Company, Inc.)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his her personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his her performance as executive for the Company. (2) Executive hereby agrees to promote and develop all business opportunities that come to his her attention relating to current or anticipated future business of the Company, in a manner consistent with the best interests of the Company and with his her duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (She Beverage Company, Inc.)