Common use of Other Activities During Employment Clause in Contracts

Other Activities During Employment. 6.1 Except with the prior written consent of the Company's Board of Directors or as described on Exhibit A hereto, you will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise other than one in which you are an inactive investor. This provision shall not be deemed to preclude membership in professional societies, lecturing or the acceptance of honorary positions, that are in any case incidental to your employment by the Company and which are not adverse or in conflict with the interests of the Company, its business or prospects, financial or otherwise. 6.2 Except as permitted by Section 6.3, you will not acquire, assume or participate in, directly or indirectly, any position, investment or interest adverse or in conflict with the interests of the Company, its business or prospects, financial or otherwise, or take any action towards any of the foregoing. 6.3 During the term of your employment by the Company, except on behalf of the Company or its subsidiaries, you will not, directly or indirectly, whether as an officer, director, employee, stockholder, partner, proprietor, associate, representative, or otherwise, become or be interested in any other person, corporation, firm, partnership or other entity whatsoever which directly competes with the Company, in any part of the world, in any line of business engaged in (or which the Company has made plans to be engaged in) by the Company; provided, however, that anything above to the contrary notwithstanding, you may own, as an inactive investor, securities of any competitor corporation, so long as your holdings in any one such corporation shall not in the aggregate constitute more than one percent (1%) of the voting stock of such corporation.

Other Activities During Employment. 6.1 4.1 Except with the prior written consent of the Company's Board of Directors or as described on Exhibit A hereto, you Employee will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise other than one in which you are Employee is an inactive investor. This provision shall not be deemed to preclude membership in professional societies, lecturing or the acceptance of honorary positions, that are in any case incidental to your Employee's employment by the Company and which are not adverse or in conflict with the interests of antagonistic to the Company, its business or prospects, financial or otherwise. 6.2 4.2 Except as permitted by Section 6.34.3, you Employee will not acquire, assume or participate in, directly or indirectly, any position, investment or interest adverse or in conflict with the interests of antagonistic to the Company, its business or prospects, financial or otherwise, or take any action towards any of the foregoing. 6.3 4.3 During the term of your Employee's employment by the Company, except on behalf of the Company or its subsidiaries, you Employee will not, not directly or indirectly, whether as an officer, director, employeeEmployee, stockholder, partner, proprietor, associate, representative, or otherwise, become or be interested in any other person, corporation, firm, partnership or other entity whatsoever which directly competes with the Company, in any part of the world, in any line of business engaged in (or which the Company has made plans to be engaged in) by the Company; provided, provided however, that anything above to the contrary notwithstanding, you Employee may own, as an inactive investor, securities of any competitor corporation, so long as your Employee's holdings in any one such corporation shall not in the aggregate constitute more than one percent (1%) of the voting stock of such corporation.

Other Activities During Employment. 6.1 4.1 Except with the prior written consent of the Company's Board of Directors or as described on Exhibit A heretoBoard, you will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise other than one in which you are an inactive investorinvestor as described in Section 4.3. This provision shall not be deemed to preclude membership in professional societies, lecturing or the acceptance of honorary positions, that are in any case incidental to your employment by the Company and which are not adverse or in conflict with the interests of the Company, its business or prospects, financial or otherwise. 6.2 4.2 Except as permitted by Section 6.34.3, you will not acquire, assume or participate in, directly or indirectly, any position, investment investment, or interest adverse or in conflict with the interests of the Company, its business or prospects, financial or otherwise, or take any action towards any of the foregoing. 6.3 4.3 During the term of your employment by the Company, except on behalf of the Company or its subsidiaries, you will not, directly or indirectly, whether as an officer, director, employee, stockholder, partner, proprietor, associate, representative, or otherwise, become or be interested in any other person, corporation, firm, partnership or other entity whatsoever which directly competes with the Company, in any part of the world, in any line of business engaged in (or which the Company has made plans to be engaged in) by the Company; provided, however, that anything above to the contrary notwithstanding, you may own, as an inactive investor, securities of any competitor corporationcorporation or other business entity, so long as your holdings in any one such corporation shall not in the aggregate constitute more than one percent (1%) of the voting stock power of such corporationcorporation or other entity.

Other Activities During Employment. 6.1 5.1 Except with the prior written consent of the Company's Board of Directors or as described on Exhibit A heretoDirectors, you will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise other than one in which you are an inactive investorinvestor as described in Section 5.3. This provision shall not be deemed to preclude membership in professional societies, lecturing or the acceptance of honorary positions, that are in any case incidental to your employment by the Company and which are not adverse or in conflict with the interests of the Company, its business or prospects, financial or otherwise. The Company hereby consents to your continued service as a Director of XXX.xxx and XXxxxx.xxx, for, in the Company's sole discretion, as long as said firms or directorships continue to not be adverse or in conflict with the interests of the Company, its business or prospects, financial or otherwise. 6.2 5.2 Except as permitted by Section 6.35.3, you will not acquire, assume or participate in, directly or indirectly, any position, investment or interest adverse or in conflict with the interests of or the Company, its business or prospects, financial or otherwise, or take any action towards any of the foregoing. 6.3 5.3 During the term of your employment by the Company, except on behalf of the Company or its subsidiaries, you will not, directly or indirectly, whether as an officer, director, employee, stockholder, partner, proprietor, associate, representative, or otherwise, become or be interested in any other person, corporation, firm, partnership or other entity whatsoever which directly competes with the Company, in any part of the world, in any line of business engaged in (or which the Company has made plans to be engaged in) by the Company; : provided, however, that anything above to the contrary notwithstanding, you may own, as an inactive investor, securities of any competitor corporation, so long as your holdings in any one such corporation shall not in the aggregate constitute more than one percent (1%) of the voting stock of such corporation.

Other Activities During Employment. 6.1 5.1 Except with the prior written consent of the Company's Board of Directors or as described on Exhibit A heretoDirectors, you will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise other than one in which you are an inactive investor. This provision shall not be deemed to preclude (i) membership in professional societies, lecturing or the acceptance of honorary positions, that are in any case incidental to your employment by the Company and which are not adverse or in conflict with the interests of antagonistic to the Company, its business or prospects, financial or otherwiseotherwise or (ii) any activities permitted by Section 5.3. 6.2 5.2 Except as permitted by Section 6.35.3, you will not acquire, assume or participate in, directly or indirectly, any position, investment or interest adverse or in conflict with the interests of antagonistic to the Company, its business or prospects, financial or otherwise, or take any action towards any of the foregoing. 6.3 5.3 During the term of your employment by the Company, except on behalf of the Company or its subsidiaries, or as described in Section 5.1, you will not, directly or indirectly, whether as an officer, director, employee, stockholder, partner, proprietor, associate, representative, or otherwise, become or be interested in any other person, corporation, firm, partnership or other entity whatsoever which directly competes with the Company, in any part of the world, in any line of business engaged in (or which the Company has made plans to be engaged in) by the Company; provided, however, that anything above to the contrary notwithstanding, you may own, as an inactive investor, securities of any competitor corporation, so long as your holdings in any one such corporation shall not in the aggregate constitute more than one percent (1%l%) of the voting stock of such corporation.

Other Activities During Employment. 6.1 5.1 Except with the prior written consent of the Company's Board of Directors or as described on Exhibit A heretoDirectors, you will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise other than one in which you are an inactive investorinvestor as described in Section 5.3. This provision shall not be deemed to preclude membership in professional societies, lecturing or the acceptance of honorary positions, that are in any case incidental to your employment by the Company and which are not adverse or in conflict with the interests of the Company, its business or prospects, financial or otherwise. 6.2 5.2 Except as permitted by Section 6.35.3, you will not acquire, assume or participate in, directly or indirectly, any position, investment investment, or interest adverse or in conflict with the interests of the Company, its business or prospects, financial or otherwise, or take any action towards any of the foregoing. 6.3 5.3 During the term of your employment by the Company, except on behalf of the Company or its subsidiaries, you will not, directly or indirectly, whether as an officer, director, employee, stockholder, partner, proprietor, associate, representative, or otherwise, become or be interested in any other person, corporation, firm, partnership or other entity whatsoever which directly competes with the Company, in any part of the world, in any line of business engaged in (or which the Company has made plans to be engaged in) by the Company; provided, however, that anything above to the contrary notwithstanding, you may own, as an inactive investor, securities of any competitor corporationcorporation or other business entity, so long as your holdings in any one such corporation shall not in the aggregate constitute more than one percent (1%) of the voting stock power of such corporationcorporation or other entity.