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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