Common use of Investment Exception Clause in Contracts

Investment Exception. Section 6(a) will not prohibit Employee from directly or indirectly owning or acquiring any capital stock or similar securities that are listed on a securities exchange or quoted on the National Association of Securities Dealers Automated Quotation System and do not represent more than 5% of the outstanding capital stock of any Financial Institution.

Appears in 2 contracts

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

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

Appears in 2 contracts

Samples: Employment Agreement (Main Street Trust Inc), Employment Agreement (Main Street Trust Inc)

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