Common use of Outside Activities and Investments Clause in Contracts

Outside Activities and Investments. I will devote my best efforts to furthering the best interests of InfoSpace. During my employment, I will not engage in any activity or investment (other than an investment of less than one percent (1%) of the shares of a company traded on a registered stock exchange), that (a) conflicts with InfoSpace’s business interest, including without limitation, any business activity contemplated by this Agreement, (b) occupies my attention so as to interfere with the proper and efficient performance of my duties at InfoSpace, or (c) interferes with the independent exercise of my judgment in InfoSpace’s best interests. Also, during my employment by InfoSpace, I will not actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the Company’s Chief Executive Officer. I have listed on the Company’s Outside Activity Disclosure form, attached hereto as Exhibit A, any business activities or ventures with which I am currently involved. As used herein, “InfoSpace’s business” means all content, technology, services or products that, during my employment, InfoSpace (i) produces, provides, markets, licenses, distributes or supports or (ii) actively and demonstrably is researching and developing or preparing to produce, provide, market, license, distribute or support.

Appears in 3 contracts

Samples: Employment Agreement (Blucora, Inc.), Employment Agreement (Infospace Inc), Employment Agreement (Infospace Inc)

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Outside Activities and Investments. I will devote my best efforts to furthering the best interests of InfoSpace. During my employment, I will not engage in any activity or investment (other than an investment of less than one percent (1%) of the shares of a company traded on a registered stock exchange), that (a) conflicts with InfoSpace’s business interest, including without limitation, any business activity contemplated by this Agreement, (b) occupies my attention so as to interfere with the proper and efficient performance of my duties at InfoSpace, or (c) interferes with the independent exercise of my judgment in InfoSpace’s best interests. Also, during my employment by InfoSpace, I will not actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the Company’s Chief Executive Officer. I have listed on the Company’s Outside Activity Disclosure form, attached hereto as Exhibit A, any business activities or ventures with which I am currently involvedinvolved that are outside of the business of InfoSpace. As used herein, “InfoSpace’s business” means all the development, marketing, licensing, distribution or support of content, technology, services or products thatrelating to web search, during my employmentonline directory search, InfoSpace (i) producesapplications, providescontent aggregation and application infrastructure related to internet website and portal services, markets, licenses, distributes and any substantially similar products or supports or (ii) actively and demonstrably is researching and developing or preparing to produce, provide, market, license, distribute or supportservices.

Appears in 2 contracts

Samples: Employment Agreement (Infospace Inc), Employment Agreement (Infospace Inc)

Outside Activities and Investments. I will devote my best efforts to furthering the best interests of InfoSpace. During my employment, I will not engage in any activity or investment (other than an investment of less than one percent (1%) of the shares of a company traded on a registered stock exchange), that (a) conflicts with InfoSpace’s business interest, including without limitation, any business activity contemplated by this Agreement, (b) occupies my attention so as to interfere with the proper and efficient performance of my duties at InfoSpace, or (c) interferes with the independent exercise of my judgment in InfoSpace’s best interests. Also, during my employment by InfoSpace, I will not actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the Company’s Chief Executive OfficerBoard of Directors (the “Board”). I have listed on the Company’s Outside Activity Disclosure form, attached hereto as Exhibit Appendix A, any business activities or ventures with which I am currently involvedinvolved that are outside of the business of InfoSpace, which activities, InfoSpace agrees, shall not breach or violate any provision of the Employment Agreement or this Agreement. As used herein, “InfoSpace’s business” means all the development, marketing, licensing, distribution or support of content, technology, services or products thatrelating to web search, during my employmentonline directory search, InfoSpace (i) producesapplications, providescontent aggregation and application infrastructure related to internet website and portal services, markets, licenses, distributes and any substantially similar products or supports or (ii) actively and demonstrably is researching and developing or preparing to produce, provide, market, license, distribute or supportservices.

Appears in 1 contract

Samples: Employment Agreement (Infospace Inc)

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Outside Activities and Investments. I will devote my best efforts to furthering the best interests of InfoSpaceBlucora. During my employment, I will not engage in any activity or investment (other than an investment of less than one percent (1%) of the shares of a company traded on a registered stock exchange), that (a) conflicts with InfoSpaceBlucora’s business interest, including without limitation, any business activity contemplated by this Agreement, (b) occupies my attention so as to interfere with the proper and efficient performance of my duties at InfoSpaceBlucora, or (c) interferes with the independent exercise of my judgment in InfoSpaceBlucora’s best interests. Also, during my employment by InfoSpaceBlucora, I will not actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the Company’s Chief Executive Officer. I have listed on the Company’s Outside Activity Disclosure form, attached hereto as Exhibit A, any business activities or ventures with which I am currently involved. As used herein, “InfoSpaceBlucora’s business” means all content, technology, services or products that, during my employment, InfoSpace Blucora (i) produces, provides, markets, licenses, distributes or supports or (ii) actively and demonstrably is researching and developing or preparing to produce, provide, market, license, distribute or support.

Appears in 1 contract

Samples: Employment Agreement (Blucora, Inc.)

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