Common use of Notification of Employment Clause in Contracts

Notification of Employment. If at any time during the Restricted Period Executive accepts new employment or becomes affiliated with a third party, Executive shall immediately notify the Company of the identity and business of the new employer or affiliation. Without limiting the foregoing, Executive's obligation to give notice under this Section 7.04 shall apply to any business ventures in which Executive proposes to engage even if not with a third-party employer (such as, without limitation, a joint venture, partnership or sole proprietorship). Executive hereby consents to the Company's notification to any such new employer or business venture of the terms of this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Touch America Holdings Inc), Employment Agreement (Touch America Holdings Inc), Employment Agreement (Touch America Holdings Inc)

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Notification of Employment. If at any time during the Restricted Period Executive accepts new employment or becomes affiliated with a third party, Executive shall immediately notify the Company of the identity and business of the new employer or affiliation. Without limiting the foregoing, Executive's ’s obligation to give notice under this Section 7.04 shall apply to any business ventures in which Executive proposes to engage even if not with a third-party employer (such as, without limitation, a joint venture, partnership or sole proprietorship). Executive hereby consents to the Company's ’s notification to any such new employer or business venture of the terms of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement

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