Common use of Disclosure of Investments Clause in Contracts

Disclosure of Investments. Commencing upon Executive’s execution of this Agreement and at all times during the Term, Executive shall keep the Board informed in writing of the nature and extent of Executive’s investments, stock or other ownership holdings, or retention as a director, advisor or any similar interest in any business or enterprise similar to the business of any NMHC Entity; provided, however, that Executive shall not be required to disclose any such investments or stock or ownership holdings that constitute less than 1% of such entity’s total obligations or total voting power.