Common use of Obligation to Disclose Corporate Opportunities Clause in Contracts

Obligation to Disclose Corporate Opportunities. During the Term, the Executive will communicate at once to the Company all business opportunities (including with respect to the acquisition of potential mineral deposits), inventions and improvements in the nature of the business of the Companies located anywhere in the world which, during the Term, the Executive may conceive, make, or discover, become aware of, directly or indirectly, or have presented to him in any manner, that relate in any way to the business of the Companies, either as it is now or as it may develop, and such business opportunities, inventions and improvements will become the exclusive property of the Company without any obligation on the part of the Company to make any payment or reimbursement therefor to the Executive in addition to the Base Salary described in this Agreement.

Obligation to Disclose Corporate Opportunities. During the Term, the Executive will communicate at once to the Company all business opportunities (including with respect to the acquisition of potential mineral deposits), inventions and improvements in the nature of the business of the Companies Company located anywhere in the world which, during the Term, the Executive may conceive, make, or discover, become aware of, directly or indirectly, or have presented to him her in any manner, that relate in any way to the business of the CompaniesCompany, either as it is now or as it may develop, and such business opportunities, inventions and improvements will become the exclusive property of the Company without any obligation on the part of the Company to make any payment or reimbursement therefor to the Executive in addition to the Base Salary described in this Agreementagreement.

Obligation to Disclose Corporate Opportunities. During the Term, the Executive Employee will communicate at once to the Company all business opportunities (including with respect to the acquisition of potential mineral deposits), inventions and improvements in the nature of the business of the Companies Company located anywhere in the world which, during the Term, the Executive Employee may conceive, make, or discover, become aware of, directly or indirectly, or have presented to him in any manner, that relate in any way to the business of the CompaniesCompany, either as it is now or as it may develop, and such business opportunities, inventions and improvements will become the exclusive property of the Company without any obligation on the part of the Company to make any payment or reimbursement therefor to the Executive Employee, in addition to the Base Salary described in this Agreement.

Obligation to Disclose Corporate Opportunities. During the Term, the Executive Employee will communicate at once to the Company all business opportunities (including with respect to the acquisition of potential mineral deposits), inventions and improvements in the nature of the business of the Companies Company located anywhere in the world which, during the Term, the Executive Employee may conceive, make, or discover, become aware of, directly or indirectly, or have presented to him in any manner, that relate in any way to the business of the CompaniesCompany, either as it is now or as it may develop, and such business opportunities, inventions and improvements will become the exclusive property of the Company without any obligation on the part of the Company to make any payment or reimbursement therefor to the Executive Employee, in addition to the Base Salary described in this Agreementagreement.