Common use of Investment Exception Clause in Contracts

Investment Exception. Section 6 (a) will not prohibit Executive from directly or indirectly owning or acquiring any capital stock or similar securities that are listed on a securities exchange or quoted on the NASDAQ and do not represent more than five percent (5%) of the outstanding capital stock of any Financial Institution.

Appears in 4 contracts

Samples: Employment Agreement (First Busey Corp /Nv/), Employment Agreement (First Busey Corp /Nv/), Employment Agreement (First Busey Corp /Nv/)

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Investment Exception. Section 65 (a) will not prohibit Executive from directly or indirectly owning or acquiring any capital stock or similar securities that are listed on a securities exchange or quoted on the NASDAQ Nasdaq and do not represent more than five percent (5%) % of the outstanding capital stock of any Financial Institution.

Appears in 1 contract

Samples: Management Continuity Agreement (PSB Group Inc)

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Investment Exception. Section 6 (a6(a) will not prohibit Executive from directly or indirectly owning or acquiring any capital stock or similar securities that are listed on a securities exchange or quoted on the NASDAQ and do not represent more than five percent (5%) of the outstanding capital stock of any Financial Institution.

Appears in 1 contract

Samples: Employment Agreement (First Busey Corp /Nv/)

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