Common use of Exclusive Employment Clause in Contracts

Exclusive Employment. Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the CEO, is likely to interfere with Executive’s ability to discharge his duties and responsibilities to Company. Executive may engage in civic and not-for-profit activities, and participate in industry associations so long as such activities do not materially interfere with the performance of his duties hereunder. Executive agrees that he will not join any boards, other than community and civic boards and boards of industry associations which do not interfere with his duties to Company, without the prior approval of the Board.

Appears in 3 contracts

Samples: Executive Employment Agreement (Micromet, Inc.), Executive Employment Agreement (Micromet, Inc.), Executive Employment Agreement (Micromet, Inc.)

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Exclusive Employment. Executive agrees will not to become engaged engage in any other business activity which, in the reasonable judgment of the CEOChief Executive Officer, is likely to interfere with Executive’s ability to discharge his duties and responsibilities to the Company. Executive may engage in civic and not-for-profit activities, and participate in industry associations so long as such activities do not materially interfere with the performance of his duties hereunder. Executive agrees that he will not join any boards, other than community and civic boards and boards of industry associations which do not interfere with his duties to the Company, without the prior approval of the Board.

Appears in 2 contracts

Samples: Executive Employment Agreement (Micromet, Inc.), Executive Employment Agreement (Micromet, Inc.)

Exclusive Employment. Executive agrees will not to become engaged engage in any other business activity which, in the reasonable judgment of the CEOChief Executive Officer or the Board, is likely to interfere with Executive’s ability to discharge his duties and responsibilities to the Company. Executive may engage in civic and not-not- for-profit activities, activities and participate in industry associations, including by joining civic boards and boards of industry associations so long as such activities do not materially interfere with the performance of his duties hereunder. Executive agrees that he will not may join any boards, other than community and civic boards and boards the board of industry associations which do not interfere directors of for profit companies with his duties to Company, without the prior approval of the Board.

Appears in 2 contracts

Samples: Employment Agreement (Gain Therapeutics, Inc.), Employment Agreement (Gain Therapeutics, Inc.)

Exclusive Employment. Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the CEOChief Executive Officer, is likely to interfere with Executive’s ability to discharge his duties and responsibilities to Company. Executive may engage in civic and not-for-profit activities, and participate in industry associations so long as such activities do not materially interfere with the performance of his duties hereunder. Executive agrees that he will not join any boards, other than community and civic boards and boards of industry associations which do not interfere with his duties to Company, without the prior approval of the Board.

Appears in 2 contracts

Samples: Executive Employment Agreement (Micromet, Inc.), Executive Employment Agreement (Micromet, Inc.)

Exclusive Employment. Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the CEOBoard, is likely to interfere with Executive’s ability to discharge his duties and responsibilities to Company. Executive may engage in civic and not-for-profit activities, and participate in industry associations so long as such activities do not materially interfere with the performance of his duties hereunder. Executive agrees that he will not join any boards, other than community and civic boards and boards of industry associations which do not interfere with his duties to Company, without the prior approval of the Board.

Appears in 1 contract

Samples: Executive Employment Agreement (Micromet, Inc.)

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Exclusive Employment. Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the CEOChief Executive Officer, is likely to interfere with Executive’s ability to discharge his duties and responsibilities to the Company. Executive may engage in civic and not-for-profit activities, and participate in industry associations so long as such activities do not materially interfere with the performance of his duties hereunder. Executive agrees that he will not join any boards, other than community and civic boards and boards of industry associations which do not interfere with his duties to the Company, without the prior approval of the Board.

Appears in 1 contract

Samples: Executive Employment Agreement (Micromet, Inc.)

Exclusive Employment. Executive agrees will not to become engaged engage in any other business activity which, in the reasonable judgment of the CEOBoard, is likely to interfere with Executive’s ability to discharge his duties and responsibilities to the Company. Executive may engage in civic and not-not- for-profit activities, activities and participate in industry associations, including by joining civic boards and boards of industry associations so long as such activities do not materially interfere with the performance of his duties hereunder. Executive agrees that he will not may join any boards, other than community and civic boards and boards the board of industry associations which do not interfere directors of for profit companies with his duties to Company, without the prior approval of the Board.

Appears in 1 contract

Samples: Employment Agreement (Gain Therapeutics, Inc.)

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