Common use of Gifts and Entertainment Clause in Contracts

Gifts and Entertainment. The Employee agrees that while employed by the Company the Employee will not accept, directly or indirectly, any loan, gift, gratuity, favor or entertainment of more than normal value from any persons with whom the Company has an existing or a potential relationship as a supplier of goods or services, a customer or competitor. If the Employee is offered anything with a value of more than $50, the Employee must immediately report such offer to the Employee's immediate supervisor.

Appears in 2 contracts

Samples: Employment Agreement (Kilovac International Inc), Employment Agreement (Kilovac International Inc)

AutoNDA by SimpleDocs

Gifts and Entertainment. The Employee agrees that while while, employed by the Company the Company, Employee will not accept, directly or indirectly, any loan, gift, gratuity, favor or entertainment of more than normal nominal value from any persons with whom the Company has an existing or a potential relationship as a supplier of goods or services, a customer or competitor. If the Employee is offered anything with a value of more than $50, the Employee must immediately report such offer to the Employee's ’s immediate supervisor.

Appears in 1 contract

Samples: Employment Agreement (Cross Country Healthcare Inc)

Gifts and Entertainment. The Employee agrees that while while, employed by the Company the Company, Employee will not accept, directly or indirectly, any loan, gift, gratuity, favor or entertainment of more than normal nominal value from any persons with whom the Company has an existing or a potential relationship as a supplier of goods or services, a customer or competitor. If the Employee is offered anything with a value of more than $50200, the Employee must immediately report such offer to the Employee's immediate supervisor.

Appears in 1 contract

Samples: Employment Agreement (Cross Country Healthcare Inc)

AutoNDA by SimpleDocs

Gifts and Entertainment. The Employee agrees that while employed by the Company the Employee will not accept, directly or indirectly, any loan, gift, gratuity, favor or entertainment of more than normal value from any persons with whom the Company has an existing or a potential relationship as a supplier of goods or services, a customer or competitor. If competitor if the Employee is offered anything with a value of more than $5050.00, the Employee must immediately report such offer to the Employee's immediate supervisor.

Appears in 1 contract

Samples: Employment Agreement (Compscripts Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!