Other Business Activities Clause Samples
The 'Other Business Activities' clause defines the rights and limitations of the parties regarding their involvement in business ventures outside the scope of the current agreement. Typically, this clause clarifies whether a party is permitted to engage in similar or competing businesses, and may require disclosure or impose restrictions to prevent conflicts of interest. Its core function is to protect the interests of the parties by ensuring transparency and managing potential conflicts that could arise from external business activities.
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Other Business Activities. During the Term, Employee will not, without the prior written consent of the Company, directly or indirectly engage in any other business activities or pursuits whatsoever, except activities in connection with any charitable or civic activities, personal investments and serving as an executor, trustee or in other similar fiduciary capacity; provided, however, that such activities do not interfere with his performance of his responsibilities and obligations pursuant to this Agreement.
Other Business Activities. ▇▇. ▇▇▇▇▇▇ is not actively engaged in any other investment-related business or occupation, nor is he actively engaged in any other business or occupation for compensation.
Other Business Activities. So that the Company may be aware of the extent of any other demands upon my time and attention, I will disclose to the Company (such disclosure to be held in confidence by the Company) the nature and scope of any other business activity in which I am or become engaged during the term of my employment. During the term of my employment, I will not engage in any business activity or employment which is in competition with, or is related to, the Company's business or its actual or demonstrably anticipated research and development, or that will affect in any manner my ability to perform fully all of my duties and responsibilities for the Company.
Other Business Activities. During the Employment Term, other than as provided in Section 2 above, Employee will not engage in any other business activities or pursuits which are contrary to Employee’s responsibilities and obligations pursuant to this Agreement.
Other Business Activities. Nothing in this Agreement shall prevent the Contractor or the Contract Resource from being en- gaged, concerned or having any financial interest in any other business, trade, profession or oc- cupation or from providing services to any other party during the Assignment provided that such activity does not cause a breach of, create a conflict of interest with, or prevent the Contractor from complying with, the Contractor’s obligations under this Agreement.
Other Business Activities. Executive may not engage in any activity that conflicts with the Company’s or a Related Company’s interests or would materially interfere with the performance of Executive’s duties to the Company, as determined by the Company in its sole discretion. Executive may not hold, directly or indirectly, an ownership interest of more than 2% in any entity which competes with the Company or a Related Company, as determined by the Company in its sole discretion.
Other Business Activities. You may be engaged or employed in any other business, trade, profession or other activity which does not place you in a conflict of interest with the Company; provided, that, during the Term, you shall not be engaged in any business activities that do or may compete with the business of the Company without the Company’s prior written consent to be given or withheld in its sole discretion.
Other Business Activities. There are no outside business activities to report. There is no additional compensation to report. ▇▇▇▇▇ ▇▇▇▇▇▇ and all Confluence investment team professionals are supervised by policies and procedures relating to the provision of investment advice. These policies are included the firm compliance manual. For additional information regarding Confluence’s supervisory activities, please call ▇▇▇▇ ▇▇▇▇▇▇, Chief Executive Officer, at (▇▇▇) ▇▇▇-▇▇▇▇.
Other Business Activities. The parties hereto expressly acknowledge and agree that, notwithstanding any other provision of this Agreement: (a) each of Calavo, Fresh Benefit, Inc. (“Fresh Benefit”), of which ▇▇▇▇▇ ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ III are officers and/or beneficial owners of equity securities, and their respective Affiliates are permitted to have, and presently have or may in the future have, investments or other business relationships, ventures, agreements or arrangements with entities engaged in business that is not directly competitive with the business of the Company (an “Other Business”); (b) none of Calavo, Fresh Benefit or their respective Affiliates will be prohibited by virtue of Calavo’s and Messrs. ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ III’s respective investment in the Company from pursuing and engaging in any such activities; (c) none of Calavo, Fresh Benefit or their respective Affiliates will be obligated to inform the Company or any Member of any such opportunity, relationship or investment (a “Business Opportunity”) or to present such Business Opportunity to the Company, and the Company hereby renounces any interest in a Business Opportunity and any expectancy that a Business Opportunity will be offered to it; (d) nothing contained herein shall limit, prohibit or restrict any Director, who is also a Calavo director, from serving on the board of directors or other governing body or committee of any Other Business; and (e) the Members will not acquire, be provided with an option or opportunity to acquire, or be entitled to any interest or participation in any Other Business as a result of the participation therein of any of Calavo, Fresh Benefit or their respective Affiliates. The parties hereto expressly authorize and consent to the involvement of Calavo, Fresh Benefit and/or their respective Affiliates in any Other Business. The parties hereto expressly waive, to the fullest extent permitted by applicable law, any rights to assert any claim that such involvement breaches any fiduciary or other duty or obligation owed by Calavo, ▇▇▇▇▇ ▇▇▇▇▇▇▇ or ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ III to the Company or any Member or to assert that such involvement constitutes a conflict of interest by Calavo, ▇▇▇▇▇ ▇▇▇▇▇▇▇ or ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ III with respect to the Company or any Member. Notwithstanding anything to the contrary in this Section 9.4, Sections 9.1, 9.2 and 9.3 shall remain in effect.
Other Business Activities. ▇▇. ▇▇▇▇▇▇ is a registered representative of LPL. LPL is a registered broker-dealer and member of FINRA. Although ▇▇. ▇▇▇▇▇▇ is a registered representative of LPL, he does not engage in the sale of securities or receive commissions or other compensation based on the sale of securities or other investment products. ▇▇. ▇▇▇▇▇▇ receives a regular salary and a discretionary bonus.