Common use of Other Activities During Employment Clause in Contracts

Other Activities During Employment. 10.1 Except for any outside employments and directorships currently held by me as listed on Schedule B hereto, and except with the prior written consent of a majority of the Company's Board of Directors, which consent will not be unreasonably withheld, I will not, during my employment by the Company, undertake or engage in any other employment, occupation or business enterprise, other than one in which I am an inactive investor, that would interfere with my obligations to the Company.

Appears in 3 contracts

Samples: Key Employee Agreement (Macrochem Corp), Employee Agreement (Macrochem Corp), Employee Agreement (Macrochem Corp)

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Other Activities During Employment. 10.1 2.1 Except for any outside employments and directorships currently held by me as listed on Schedule B A hereto, and except with the prior written consent of a majority of the Company's Board of Directors, which consent will not be unreasonably withheld, I will not, during my employment by the Company, undertake or engage in any other employment, occupation or business enterprise, other than one in which I am an inactive investor, that would interfere with my obligations to the Company.

Appears in 1 contract

Samples: Noncompetition Agreement (Macrochem Corp)

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Other Activities During Employment. 10.1 Except for any outside employments and directorships currently held by me as listed on Schedule B hereto, and except with the prior written consent of a majority of the Company's Board of Directors, which consent will not be unreasonably withheld, I will not, during my employment by the Company, undertake or engage in any other employment, occupation or business enterprise, other than one in which I am an inactive investor, that would interfere with my obligations to the Company.

Appears in 1 contract

Samples: Employee Agreement (Macrochem Corp)

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