Common use of CONFLICTING EMPLOYMENT Clause in Contracts

CONFLICTING EMPLOYMENT. Executive agrees that, during the term of Executive’s employment with the Company and during the Severance Period, Executive will not engage in any other employment, occupation, consulting or other business activity competitive with or directly related to the business in which the Company is now involved or becomes involved during the term of Executive’s employment, nor will Executive engage in any other activities that conflict with Executive’s obligations to the Company. Executive acknowledges that compliance with the obligations of this paragraph is a condition to Executive’s right to receive the severance payments set forth in paragraph 5 above.

Appears in 11 contracts

Samples: Employment Agreement (Vermillion, Inc.), Employment Agreement (Vermillion, Inc.), Employment Agreement (Vermillion, Inc.)

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CONFLICTING EMPLOYMENT. Executive agrees that, during the term of Executive’s employment with the Company and during the Severance Period, Executive will not engage in any other employment, occupation, consulting or other business activity competitive with or directly related to the business in which the Company is now involved or becomes involved during the term of Executive’s employment, nor will Executive engage in any other activities that conflict with Executive’s obligations to the Company. Executive acknowledges that compliance with the obligations of this paragraph is a condition to Executive’s right to receive the severance payments set forth in paragraph 5 above.

Appears in 4 contracts

Samples: Employment Agreement (Aspira Women's Health Inc.), Employment Agreement (Aspira Women's Health Inc.), Employment Agreement (Aspira Women's Health Inc.)

CONFLICTING EMPLOYMENT. Executive agrees that, during the term of Executive’s employment with the Company and during the Severance Period, Executive will not engage in any other employment, occupation, consulting or other business activity competitive with or directly related to the business in which the Company is now involved or becomes involved during the term of Executive’s employment, nor will Executive engage in any other activities that conflict with Executive’s obligations to the Company. Executive acknowledges that compliance with the obligations of this paragraph Section is a condition to Executive’s right to receive the severance payments set forth in paragraph Section 5 above.

Appears in 3 contracts

Samples: Employment Agreement (Vermillion, Inc.), Employment Agreement (Vermillion, Inc.), Employment Agreement (Vermillion, Inc.)

CONFLICTING EMPLOYMENT. Except as set forth in Section 1 of this Agreement, Executive agrees that, during the term of Executive’s employment with the Company and during the Severance Period, Executive will not engage in any other employment, occupation, consulting or other business activity competitive with or directly related to the business in which the Company is now involved or becomes involved during the term of Executive’s employment, nor will Executive engage in any other activities that conflict with Executive’s obligations to the Company. Executive acknowledges that compliance with the obligations of this paragraph Agreement is a condition to Executive’s right to receive the severance payments set forth in paragraph Section 5 above.

Appears in 2 contracts

Samples: Employment Agreement (Vermillion, Inc.), Employment Agreement (Vermillion, Inc.)

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CONFLICTING EMPLOYMENT. Executive agrees that, during the term of Executive’s employment with the Company and during the Severance Period, Executive will not engage in any other employment, occupation, consulting or other business activity competitive with or directly related to the business in which the Company is now involved or becomes involved during the term of Executive’s employment, nor will Executive engage in any other activities that conflict with Executive’s obligations to the Company. Executive acknowledges that compliance with the obligations of this paragraph is a condition to Executive’s right to receive the severance payments set forth in paragraph 5 above.. 

Appears in 1 contract

Samples: Employment Agreement (Vermillion, Inc.)

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