Common use of During Employment Period Clause in Contracts

During Employment Period. During the Employment Period, the Executive shall not, without the prior written consent of the Company, which consent may be withheld at the sole and reasonable discretion of the Company, engage in any other business activity for gain, profit, or other pecuniary advantage (excepting the investment of funds in such form or manner as will not require any services on the part of the Executive in the operation of the affairs of the companies in which such investments are made) or engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, manager, or otherwise, with the operation, management, or conduct of any business that competes with the Business.

Appears in 4 contracts

Samples: Employment Agreement (Merge Technologies Inc), Employment Agreement (Merge Technologies Inc), Employment Agreement (Merge Technologies Inc)

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During Employment Period. During the Employment Period, the Executive shall not, without the prior written consent of the Company, which consent may be withheld at the sole and reasonable discretion of the Company, engage in any other business activity for gain, profit, or other pecuniary advantage (excepting the investment of funds in such form or manner as will not require any services on the part of the Executive in the operation of the affairs of the companies in which such investments are made) or engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, manager, or otherwise, with the operation, management, or conduct of any business that competes with the BusinessBusiness of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Merge Technologies Inc), Employment Agreement (Merge Technologies Inc)

During Employment Period. During the Employment Period, the Executive Key Employee shall not, without the prior written consent of the Company, which consent may be withheld at the sole and reasonable discretion of the Company, engage in any other business activity for gain, profit, or other pecuniary advantage (excepting the investment of funds in such form or manner as will not require any services on the part of the Executive Key Employee in the operation of the affairs of the companies in which such investments are made) or engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, manager, or otherwise, with the operation, management, or conduct of any business that competes with or is of a nature similar to that of the BusinessCompany.

Appears in 2 contracts

Samples: Employment Agreement (Innova Holdings), Employment Agreement (Hy Tech Technology Group Inc)

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During Employment Period. During the Employment Period, the Executive shall not, without the prior written consent of the Company, which consent may be withheld at the sole and reasonable discretion of the Company, engage in any other business activity for gain, profit, or other pecuniary advantage (excepting the investment of funds in such form or manner as will not require any services on the part of the Executive in the operation of the affairs of the companies in which such investments are made) or engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, manager, or otherwise, with the operation, management, or conduct of any business that competes with or is of a nature similar to that of the BusinessCompany.

Appears in 1 contract

Samples: Employment Agreement (Merge Technologies Inc)

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