Common use of Corporate Opportunity Clause in Contracts

Corporate Opportunity. During Employee’s employment with the Company, Employee shall submit to the Board all business, commercial and investment opportunities or offers presented to Employee or of which Employee becomes aware which relate to the business of the Company Business at any time during Employee’s employment with the Company (“Corporate Opportunities”). If the Company elects not to pursue a submitted Corporate Opportunity, Employee shall have the right to accept or pursue such Corporate Opportunity.

Appears in 7 contracts

Samples: Asset Purchase Agreement (General Cannabis Corp), Employment Agreement (General Cannabis Corp), Employment Agreement (General Cannabis Corp)

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Corporate Opportunity. During Employee’s employment with From the date hereof until the date that Employee is no longer an employee of the Company, Employee shall submit to the Board all business, commercial and investment opportunities or offers presented to Employee or of which Employee becomes aware which relate to the business of the Company Business at any time during Employee’s employment with the Company (“Corporate Opportunities”). If Unless approved by the Company elects not to pursue a submitted Corporate OpportunityBoard, Employee shall have the right to not accept or pursue such pursue, directly or indirectly, any Corporate OpportunityOpportunities on Employee’s own behalf.

Appears in 6 contracts

Samples: Employment Agreement (Horsehead Holding Corp), Employment Agreement (Horsehead Holding Corp), Employment Agreement (Horsehead Holding Corp)

Corporate Opportunity. During Employee’s employment with the CompanyTerm, Employee shall submit to the Board all business, commercial and investment opportunities or offers presented to Employee or of which Employee becomes aware aware, which relate to the business of the Company Business at any time during Employee’s employment with the Company Term (“Corporate Opportunities”). If Unless approved by the Company elects not to pursue a submitted Corporate OpportunityBoard in writing after full disclosure, Employee shall have the right to not accept or pursue such pursue, directly or indirectly, any Corporate OpportunityOpportunities on Employee’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 Employee’s employment with the Company, Employee shall submit to the Board all business, commercial and investment opportunities or offers presented to Employee or of which Employee becomes aware which relate to the business of the Company Business at any time during Employee’s employment with within the Company States of Colorado and Oregon (“Corporate Opportunities”). If the Company elects not to pursue a submitted Corporate Opportunity, Employee shall have the right to accept or pursue such Corporate Opportunity.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization and Liquidation (General Cannabis Corp), Agreement and Plan of Reorganization and Liquidation (General Cannabis Corp), Employment Agreement (General Cannabis Corp)

Corporate Opportunity. During Employee’s employment with the CompanyTerm, Employee shall submit to the Board all business, commercial and investment opportunities or offers presented to Employee or of which Employee becomes aware which relate to the business of the Company Business at any time during Employee’s employment with the Company Term (“Corporate Opportunities”). If Unless approved by the Company elects not to pursue a submitted Corporate OpportunityBoard, Employee shall have the right to not accept or pursue such pursue, directly or indirectly, any Corporate OpportunityOpportunities on Employee’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Eyemasters Inc)

Corporate Opportunity. During Employee’s employment with the Company, Employee shall submit to the Board all business, commercial and investment opportunities or ​ 10.2 Page 11 of 14 (4.21.21 - 21:54) ​ offers presented to Employee or of which Employee becomes aware which relate to the business of the Company Business at any time during Employee’s employment with the Company (“Corporate Opportunities”). If the Company elects not to pursue a submitted Corporate Opportunity, Employee shall have the right to accept or pursue such Corporate Opportunity.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization and Liquidation (General Cannabis Corp)

Corporate Opportunity. During Employee’s employment with the Company, Employee shall submit to the Board all business, commercial and investment opportunities or ​ ​ 10.1.docx Page 11 of 14 (4.21.21 - 22:03) ​ ​ ​ offers presented to Employee or of which Employee becomes aware which relate to the business of the Company Business at any time during Employee’s employment with the Company (“Corporate Opportunities”). If the Company elects not to pursue a submitted Corporate Opportunity, Employee shall have the right to accept or pursue such Corporate Opportunity.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization and Liquidation (General Cannabis Corp)

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Corporate Opportunity. During Employee’s 's employment with the Company, Employee shall submit to the Board all business, commercial and investment opportunities or offers presented to Employee or of which that Employee becomes aware of, whether orally or in writing, which relate to the business of the Company Business at any time during Employee’s 's employment with the Company ("Corporate Opportunities"). If the Company elects not to pursue a submitted Corporate Opportunity; provided, Employee shall have the right to accept or pursue such Corporate Opportunity.​ ​ ​

Appears in 1 contract

Samples: Employment Agreement (TREES Corp (Colorado))

Corporate Opportunity. During Employee’s employment with the CompanyTerm, Employee shall submit to the Board all business, commercial and investment opportunities or offers presented to Employee or of which Employee becomes aware aware, which relate to the business of the Company Business at any time during Employee’s employment with the Company Term (“Corporate Opportunities”). If Unless approved by the Company elects not to pursue a submitted Corporate OpportunityBoard in writing after full disclosure, Employee shall have the right to not accept or pursue such pursue, directly or indirectly, any Corporate OpportunityOpportunities on Employee’s own behalf, during the term of this agreement.

Appears in 1 contract

Samples: Employment Agreement (Quality Distribution Inc)

Corporate Opportunity. During Employee’s employment with the CompanyTerm, Employee shall submit to the Board all business, commercial and investment opportunities or offers presented to Employee or of which Employee becomes aware aware, which relate to the business of the Company Business and its affiliates at any time during Employee’s employment with the Company Term (“Corporate Opportunities”). If Unless approved by the Company elects not to pursue a submitted Corporate OpportunityBoard in writing after full disclosure, Employee shall have the right to not accept or pursue such pursue, directly or indirectly, any Corporate OpportunityOpportunities on Employee’s own behalf.

Appears in 1 contract

Samples: Employment Agreement (Quality Distribution Inc)

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