Common use of Corporate Opportunity Clause in Contracts

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, or of which Executive becomes aware, at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls (“Corporate Opportunities”). During the Employment Period, unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 17 contracts

Samples: Employment Agreement (Sensata Technologies Holding PLC), Employment Agreement (Sensata Technologies Holding N.V.), Employment Agreement (Sensata Technologies Holding N.V.)

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Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the business of distributing imprintable sportswear and accessories at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 11 contracts

Samples: Employment Agreement (Broder Bros Co), Employment Agreement (Broder Bros Co), Employment Agreement (Broder Bros Co)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all material business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware in his capacity as an officer of the Company which relate to the business of the Company or its Subsidiaries at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period ("Corporate Opportunities"). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s 's own behalf.

Appears in 10 contracts

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

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the business of the Company or any of its subsidiaries at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless previously approved in writing by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 9 contracts

Samples: Employment Agreement (Verano Holdings Corp.), Employment Agreement (Verano Holdings Corp.), Employment Agreement (Verano Holdings Corp.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the areas of business engaged in by the Company at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 8 contracts

Samples: Employment Agreement (Hillman Companies Inc), Employment Agreement (Hillman Companies Inc), Employment Agreement (Hillman Companies Inc)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, or of which Executive becomes aware, at any time during the Employment Period, which opportunities that relate to the business of designing, manufacturing, marketing, the Company or selling electromechanical or electronic sensors or controls its affiliates (“Corporate Opportunities”). During the Employment Period, unless approved by the Board, if Executive shall not wishes to accept or pursue, directly or indirectly, any such Corporate Opportunities on Executive’s own behalf. This Section 26 shall not apply to purchases of publicly traded stock by Executive.

Appears in 7 contracts

Samples: Employment Agreement (NRG Energy, Inc.), Employment Agreement (Clearway Energy, Inc.), Employment Agreement (Clearway Energy LLC)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, or of which Executive becomes aware, at any time during the Employment Period, which opportunities that relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls power companies (“Corporate Opportunities”). During the Employment Period, unless approved by the Board, if Executive shall not wishes to accept or pursue, directly or indirectly, any such Corporate Opportunities on Executive’s own behalf. This Section 23 shall not apply to purchases of publicly traded stock by Executive.

Appears in 7 contracts

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

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes awareaware which relate to the business of Holdings, the Company or their respective Subsidiaries, at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 6 contracts

Samples: Employment Agreement (A.K.A. Brands Holding Corp.), Employment Agreement (A.K.A. Brands Holding Corp.), Employment Agreement (A.K.A. Brands Holding Corp.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the business of the Company at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 6 contracts

Samples: Employment Agreement (Purple Innovation, Inc.), Employment Agreement (Purple Innovation, Inc.), Employment Agreement (Purple Innovation, Inc.)

Corporate Opportunity. During the Employment PeriodTerm, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, which relate to the business of the Company at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Term (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the BoardBoard in writing after full disclosure, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 5 contracts

Samples: Employment Agreement (Quality Distribution Inc), Employment Agreement (Quality Distribution Inc), Employment Agreement (Quality Distribution Inc)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, or of which Executive becomes aware, at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls ("Corporate Opportunities"). During the Employment Period, unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s 's own behalf.

Appears in 4 contracts

Samples: Employment Agreement (Sensata Technologies Holding N.V.), Employment Agreement (Sensata Technologies Holding N.V.), Employment Agreement (Sensata Technologies Holding N.V.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the business of the Company or any of its Subsidiaries at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not not, during the Employment Period or the Noncompete Period, accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Multi Packaging Solutions International LTD), Employment Agreement (Multi Packaging Solutions International LTD)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes awareaware which relate to the business of manufacturing, distributing or selling (whether wholesale or retail) candles, candle products or accessories, home fragrances or candle related home décor accessories at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 3 contracts

Samples: Employment Agreement (Yankee Holding Corp.), Employment Agreement (Yankee Holding Corp.), Employment Agreement (Yankee Holding Corp.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the areas of business engaged in by the Company at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period ("Corporate Opportunities"). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s 's own behalf.

Appears in 3 contracts

Samples: Employment Agreement (Hillman Companies Inc), Employment Agreement (Hillman Companies Inc), Employment Agreement (Hillman Companies Inc)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board Company all business, commercial and investment opportunities or offers presented to Executive, or of which Executive becomes aware, at any time during the Employment Period, Period which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Tactical Business (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 2 contracts

Samples: Employment Agreement (5.11 Abr Corp.), Employment Agreement (5.11 Abr Corp.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the business of the Company Group at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 2 contracts

Samples: Employment Agreement (H-Cyte, Inc.), Employment Agreement (H-Cyte, Inc.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the business of distributing imprintable sportswear and accessories at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period ("Corporate Opportunities"). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Broder Bros Co)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the business of the Company or its Subsidiaries at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Symmetry Medical Inc.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, or of which Executive becomes aware, at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical products or electronic sensors services competitive with those designed, manufactured, marketed or controls sold by the Parent or its Subsidiaries or Affiliates (“Corporate Opportunities”). During the Employment Period, unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Sensata Technologies Holding PLC)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the business of the Business at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During Unless approved by the Board (and subject to any other approvals which may be required pursuant to the Company’s organizational documents), during the Employment Period, unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Andretti Acquisition Corp.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, or of which Executive becomes aware, at any time during the Employment Period, which opportunities that relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls power companies ("Corporate Opportunities"). During the Employment Period, unless approved by the Board, if Executive shall not wishes to accept or pursue, directly or indirectly, any such Corporate Opportunities on Executive’s 's own behalf. This Section 27 shall not apply to purchases of publicly traded stock by Executive.

Appears in 1 contract

Samples: Employment Agreement (NRG Energy Inc)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the areas of business engaged in by the Company at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period Doc#: USl:6299952v l ("Corporate Opportunities"). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s 's own behalf.

Appears in 1 contract

Samples: Employment Agreement (Hillman Solutions Corp.)

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Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the business of the Company at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period ("Corporate Opportunities"). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s 's own behalf.

Appears in 1 contract

Samples: Employment Agreement (Samsonite Corp/Fl)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial commercial, and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the areas of business engaged in by the Company at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Hillman Companies Inc)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the business of the Company and/or its Subsidiaries or Affiliates at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Samsonite Corp/Fl)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, at any time during the Employment Period, aware which opportunities relate to the business of designing, manufacturing, marketing, the Company or selling electromechanical or electronic sensors or controls its Subsidiaries (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the BoardBoard or unless the Company opts not to pursue such Corporate Opportunities, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Bonds.com Group, Inc.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes awareaware which relate to the business of Holdings, the Company or their respective Subsidiaries, at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). Opportunities”)- During the Employment Period, unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (A.K.A. Brands Holding Corp.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the Business or any other business of the Parent Group at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Blucora, Inc.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board President of the Company all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the business of the Company and its Subsidiaries at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the BoardPresident of the Company, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Epiq Systems Inc)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, or of which Executive becomes aware, at any time during the Employment Period, which opportunities that relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls power companies (“Corporate Opportunities”). During the Employment Period, unless approved by the Board, if Executive shall not wishes to accept or pursue, directly or indirectly, any such Corporate Opportunities on Executive’s own behalf. This Section 25 shall not apply to purchases of publicly traded stock by Executive.

Appears in 1 contract

Samples: Employment Agreement (Rri Energy Inc)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, or of which Executive becomes aware, at any time during the Employment Period, which opportunities that relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls power companies (“Corporate Opportunities”). During the Employment Period, unless approved by the Board, if Executive shall not wishes to accept or pursue, directly or indirectly, any such Corporate Opportunities on Executive’s own behalf. This Section 24 shall not apply to purchases of publicly traded stock by Executive.

Appears in 1 contract

Samples: Employment Agreement (Mirant Corp)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which materially relate to the business of the Company at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Bright Mountain Media, Inc.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board Company all business, commercial and investment opportunities or offers presented to Executive, or of which Executive becomes aware, at any time during the Employment Period, Period which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Competitive Businesses (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf. For purposes of this Agreement, Corporate Opportunities does not include any business, commercial and/or investment opportunities or offers presented to any business or entity constituting a Permitted Service.

Appears in 1 contract

Samples: Employment Agreement (5.11 Abr Corp.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board Employer all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the Business or any other business of the Parent Group at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the BoardEmployer, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Blucora, Inc.)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board Company all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware which relate to the areas of business engaged in by the Company at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the BoardCompany, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Hillman Companies Inc)

Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities or offers presented to Executive, Executive or of which Executive becomes aware, aware that relate to the business of the Business at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or controls Period (“Corporate Opportunities”). During the Employment Period, unless Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Consulting Termination Agreement

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