Common use of Engaging in Other Activities Clause in Contracts

Engaging in Other Activities. During the Term, Executive shall devote Executive’s full time and attention to the Company and its affiliates and shall not be employed by or provide services to any other person or entity. During the Term, it shall not be a violation of this Agreement for Executive, subject to the requirements of Section 8 hereof, to (i) serve on civic, charitable or religious boards or engage in other activities for such organizations, (ii) with the consent of the Board, which consent shall not be unreasonably withheld, serve on up to one corporate board unrelated to the Company (and retain all compensation in whatever form for such service), and (iii) manage personal investments, so long as such activities (individually or in the aggregate) do not interfere with the performance of Executive's responsibilities as set forth in Sections 2(a) or 2(b) of this Agreement or Executive's fiduciary duties to the Company.

Appears in 1 contract

Samples: Employment Agreement (Eterna Therapeutics Inc.)

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Engaging in Other Activities. During the Term, Executive shall devote Executive’s her full time and attention to the Company and its affiliates and shall not be employed by or provide services to any other person or entity. During the Term, it shall not be a violation of this Agreement for Executive, subject to the requirements of Section 8 hereof, to (i) serve on civic, charitable or religious boards or engage in other activities for such organizations, (ii) with the consent of the Board of Directors of the Company (the “Board”), which consent shall not be unreasonably withheld, serve on up to one corporate board unrelated to the Company (and retain all compensation in whatever form for such service), and (iii) manage personal investments, so long as such activities (individually or in the aggregate) do not interfere with the performance of Executive's responsibilities as set forth in Sections 2(a) or 2(b) of this Agreement or Executive's fiduciary duties to the Company.

Appears in 1 contract

Samples: Employment Agreement (Vallon Pharmaceuticals, Inc.)

Engaging in Other Activities. During the Term, Executive shall devote Executive’s her full time and attention to the Company and its affiliates and shall not be employed by or provide services to any other person or entity. During the Term, it shall not be a violation of this Agreement for Executive, subject to the requirements of Section 8 hereof, to (i) serve on civic, charitable or religious boards or engage in other activities for such organizations, (ii) with the consent of the Board of Directors of the Company (the “Board”), which consent shall not be unreasonably withheld, serve on up to one corporate board unrelated to the Company (and retain all compensation in whatever form for such service), and (iii) manage personal investments, so long as such activities (individually or in the aggregate) do not interfere with the performance of Executive's ’s responsibilities as set forth in Sections 2(a) or 2(b) of this Agreement or Executive's ’s fiduciary duties to the Company.

Appears in 1 contract

Samples: Employment Agreement (Vallon Pharmaceuticals, Inc.)

Engaging in Other Activities. During the Term, Executive shall devote Executive’s full time and attention to the Company and its affiliates and shall not be employed by or provide services to any other person or entity. During the Term, it shall not be a violation of this Agreement for Executive, subject to the requirements of Section 8 hereof, to (i) serve on civic, charitable or religious boards or engage in other activities for such organizations, (ii) with the consent of the Board, which consent shall not be unreasonably withheld, serve on up to one two corporate board boards unrelated to the Company (and retain all compensation in whatever form for such service), and (iii) manage personal investments, so long as such activities (individually or in the aggregate) do not interfere with the performance of Executive's responsibilities as set forth in Sections 2(a) or 2(b) of this Agreement or Executive's fiduciary duties to the Company. The Company is aware of Executive’s activities with Comera and consents to same, provided such activities do not interfere with Executive’s duties to the Company pursuant to this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Eterna Therapeutics Inc.)

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Engaging in Other Activities. During the Term, Executive shall devote Executive’s his full time and attention to the Company and its affiliates and shall not be employed by or provide services to any other person or entity, except that Executive shall be permitted to provide services to any person or entity with permission of the Board or its Chairperson. During the Term, it shall not be a violation of this Agreement for Executive, subject to the requirements of Section 8 hereof, to (i) serve on civic, charitable or religious boards or engage in other activities for such organizations, (ii) with the consent of the Board, which consent shall not be unreasonably withheld, serve on up to one two corporate board boards unrelated to the Company (and retain all compensation in whatever form for such service), and (iii) manage personal investments, so long as such activities (individually or in the aggregate) do not interfere with the performance of Executive's ’s responsibilities as set forth in Sections 2(a) or 2(b) of this Agreement or Executive's ’s fiduciary duties to the Company.. ​ ​

Appears in 1 contract

Samples: Employment Agreement (Vallon Pharmaceuticals, Inc.)

Engaging in Other Activities. During the Term, Executive shall devote Executive’s his full time and attention to the Company and its affiliates and shall not be employed by or provide services to any other person or entity. During the Term, it shall not be a violation of this Agreement for Executive, subject to the requirements of Section 8 hereof, to (i) serve on civic, charitable or religious boards or engage in other activities for such organizations, (ii) with the consent of the Board, which consent shall not be unreasonably withheld, serve on up to one corporate board unrelated to the Company (and retain all compensation in whatever form for such service), and (iii) manage personal investments, so long as such activities (individually or in the aggregate) do not interfere with the performance of Executive's responsibilities as set forth in Sections 2(a) or 2(b) of this Agreement or Executive's fiduciary duties to the Company.

Appears in 1 contract

Samples: Employment Agreement (Vallon Pharmaceuticals, Inc.)

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