Common use of Corporate Opportunity Clause in Contracts

Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) all business, commercial and investment opportunities, and all offers presented to Executive or of which Executive becomes aware at any time during the Employment Period, which relate to the business of automobile component manufacturing, production and design (“Corporate Opportunities”). Unless approved by the Board in writing, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 8 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement (Metaldyne Performance Group Inc.)

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Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) all business, commercial and investment opportunities, and all offers presented to Executive or of which Executive becomes aware at any time during the Employment Period, which relate to the business of automobile component manufacturing, production and design the Company as it is conducted during the Employment Period (“Corporate Opportunities”). Unless approved by the Board in writingBoard, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 5 contracts

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

Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) all material business, commercial commercial, and investment opportunities, and all opportunities or offers presented to Executive Executive, or of which Executive becomes aware aware, at any time during the Employment PeriodTerm, which opportunities relate to the Company’s business of automobile component manufacturing, production and design (“Corporate Opportunities”). Unless approved by the Board in writingBoard, during the Term Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalfbehalf or for Executive’s personal benefit or for the benefit of any Person other than the Company.

Appears in 4 contracts

Samples: Executive Employment Agreement (Ferrellgas L P), Executive Chairman Agreement (Ferrellgas L P), Executive Employment Agreement (Ferrellgas L P)

Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) all business, commercial and investment opportunities, and all or offers presented to Executive or of which Executive becomes aware at any time during the Employment Period, Period which relate to the business of automobile component manufacturing, production and design the Company (“Corporate Opportunities”). Unless approved by the Board in writingBoard, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 3 contracts

Samples: Employment Agreement (GT Solar International, Inc.), Employment Agreement (GT Solar International, Inc.), Employment Agreement (GT Solar International, Inc.)

Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) all business, commercial and investment opportunities, and all opportunities or offers presented to Executive or of which Executive becomes aware at any time during the Employment Period, which relate to the business of automobile component manufacturing, production and design the Company or any of its Subsidiaries at any time during Executive’s employment (“Corporate Opportunities”). Unless approved by the Board in writingBoard, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 3 contracts

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

Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) all business, commercial and investment opportunities, and all or offers presented to Executive or of which Executive becomes aware at any time during the Employment Period, Period which relate to the business of automobile component manufacturing, production and design the Company ("Corporate Opportunities"). Unless approved by the Board in writingBoard, 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 (GT Solar International, Inc.), Employment Agreement (GT Solar International, Inc.), Employment Agreement (GT Solar International, Inc.)

Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) all business, commercial and investment opportunities, and all or offers presented to Executive or of which Executive becomes aware at any time during the Employment Period, Period which relate to the business of automobile component manufacturing, production and design the Company or its Subsidiaries (“Corporate Opportunities”). Unless approved by the Board in writingBoard, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 2 contracts

Samples: Employment Agreement (GT Advanced Technologies Inc.), Employment Agreement (GT Solar International, Inc.)

Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) all business, commercial and investment opportunities, and all opportunities or offers presented to Executive Executive, or of which Executive becomes aware aware, at any time during the Employment Period, which opportunities relate to the home furnishings trade show business and/or gift trade show business, including exhibition space used primarily for home furnishings and/or gifts, within or outside of automobile component manufacturing, production and design the United States (“Corporate Opportunities”). Unless approved by the Board in writingBoard, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 2 contracts

Samples: Employment Agreement (International Market Centers, Inc.), Employment Agreement (International Market Centers, Inc.)

Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) Company all material business, commercial and investment opportunities, and all or offers presented to Executive or of which Executive becomes aware at any time during the Employment Period, Period which relate to the business of automobile component manufacturing, production and design the Company (“Corporate Opportunities”). Unless approved by the Chairman of the Board in writingof the Company, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 2 contracts

Samples: Executive Employment Agreement (Nuvectra Corp), Executive Employment Agreement (Nuvectra Corp)

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Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) all business, commercial and investment opportunities, and all opportunities or offers presented to Executive Executive, or of which Executive becomes aware aware, at any time during the Employment Period, which opportunities relate to the home furnishings trade show business and/or gift trade show business, including exhibition space used primarily for home furnishings and/or gifts, within or outside of automobile component manufacturing, production and design the United States (“Corporate Opportunities”). Unless approved by the Board in writingBoard, during the Employment Period Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (International Market Centers, Inc.)

Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) all material business, commercial commercial, and investment opportunities, and all opportunities or offers presented to Executive Executive, or of which Executive becomes aware aware, at any time during the Employment Period, which opportunities relate to the Company’s business of automobile component manufacturing, production and design (“Corporate Opportunities”). Unless approved by the Board in writingBoard, during the Employment Period Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalfbehalf or for Executive’s personal benefit or for the benefit of any Person other than the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Core Molding Technologies Inc)

Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) all material business, commercial commercial, and investment opportunities, and all opportunities or offers presented to Executive Executive, or of which Executive becomes aware aware, at any time during the Employment Period, which opportunities relate to the Company's business of automobile component manufacturing, production and design ("Corporate Opportunities"). Unless approved by the Board in writingBoard, during the Employment Period Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s 's own behalfbehalf or for Executive's personal benefit or for the benefit of any Person other than the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Core Molding Technologies Inc)

Corporate Opportunity. Executive shall submit to the Chairman of the Board (or, in the absence of a Chairman of the Board at any time, the Board) all business, commercial and investment opportunities, and all offers presented to Executive or of which Executive becomes aware at any time during the Employment Period, which relate to the business of automobile component manufacturing, production and design the Company as it is conducted during the Employment Period ("Corporate Opportunities"). Unless approved by the Board in writingBoard, 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 (EVgo Inc.)

Corporate Opportunity. Executive shall submit to the Chairman of CEO or the Board (or, in the absence of a Chairman of the Board at any time, the Board) all material business, commercial commercial, and investment opportunities, and all opportunities or offers presented to Executive Executive, or of which Executive becomes aware aware, at any time during the Employment Period, which opportunities relate to the Company’s business of automobile component manufacturing, production and design (“Corporate Opportunities”). Unless approved by the Board in writingCEO or the Board, during the Employment Period Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalfbehalf or for Executive’s personal benefit or for the benefit of any Person other than the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Core Molding Technologies Inc)

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