Common use of Other Businesses Clause in Contracts

Other Businesses. During the Employment Period, Executive agrees ---------------- that he will not, directly or indirectly except with the express written consent of the Board, become engaged in, render material services for, or permit his name to be used in connection with, or directly or indirectly counsel or consult with, any business other than the business of the Company and its affiliates; provided, however, that Executive may be a passive investor in any such business (subject to the limitations set forth in paragraph 5 below). -----------

Appears in 4 contracts

Samples: Executive Employment Agreement (American Telesource International Inc), Executive Employment Agreement (American Telesource International Inc), Executive Employment Agreement (American Telesource International Inc)

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Other Businesses. During the Employment Period, Executive agrees that ---------------- that he will not, directly or indirectly except with the express written consent of the Board, become engaged in, render material services for, or permit his name to be used in connection with, or directly or indirectly counsel or consult with, any business other than the business of the Company and its affiliates; provided, however, that Executive may be a passive investor in any such business (subject to the limitations set forth in paragraph 5 below). -----------.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Ticketmaster Online Citysearch Inc), Agreement and Plan of Reorganization (Citysearch Inc)

Other Businesses. During the Employment Period, Executive agrees that ---------------- that he she will not, directly or indirectly except with the express written consent of the Board, become engaged in, render material services for, or permit his her name to be used in connection with, or directly or indirectly counsel or consult with, any business other than the business of the Company and its affiliates; provided, however, that Executive may be a passive investor in any such business (subject to the limitations set forth in paragraph 5 below). -----------

Appears in 1 contract

Samples: Executive Employment Agreement (American Telesource International Inc)

Other Businesses. During the Employment Period, Executive agrees that ---------------- that he she will not, directly or indirectly except with the express written consent of the Board, become engaged in, render material services for, or permit his her name to be used in connection with, or directly or indirectly counsel or consult with, any business other than the business of the Company and its affiliates; provided, however, that Executive may be a passive investor in any such business (subject to the limitations set forth in paragraph 5 below). -----------.

Appears in 1 contract

Samples: Executive Employment Agreement (Globalscape Inc)

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Other Businesses. During the Employment Period, Executive agrees ---------------- that he will not, directly or indirectly except with the express written consent of the Board, become engaged in, render material services for, or permit his name to be used in connection with, or directly or indirectly counsel or consult with, any business other than the business of the Company and its affiliates; provided, however, that Executive may be a passive investor in any such business (subject to the limitations set forth in paragraph 5 below). -------------------- -

Appears in 1 contract

Samples: Executive Employment Agreement (American Telesource International Inc)

Other Businesses. During the Employment Period, Executive agrees ---------------- that he will not, directly or indirectly except with the express written consent of the Board, become engaged in, render material services for, or permit his name to be used in connection with, or directly or indirectly counsel or consult with, any business other than the business of the Company and its affiliates; provided, however, that Executive may be a passive investor in any such business (subject to the limitations set forth in paragraph 5 below). -----------.

Appears in 1 contract

Samples: Executive Employment Agreement (American Telesource International Inc)

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