Common use of Outside Activities During Employment Clause in Contracts

Outside Activities During Employment. Except with the prior written consent of the Company, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise that would interfere with Executive’s responsibilities and the performance of Executive’s duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non- profit and/or other charitable organization as Executive may wish to serve, (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive’s duties; and (iii) such other activities as may be specifically approved in writing by the Company.

Appears in 2 contracts

Samples: Employment Agreement (Acumen Pharmaceuticals, Inc.), Employment Agreement (Acumen Pharmaceuticals, Inc.)

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Outside Activities During Employment. Except with the prior written consent of the Company, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise that would interfere with Executive’s responsibilities and the performance of Executive’s duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non- profit and/or other charitable organization as Executive may wish to serve, (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive’s duties; and (iii) such other activities as may be specifically approved in writing by the Company. 5.

Appears in 2 contracts

Samples: Employment Agreement (Acumen Pharmaceuticals, Inc.), Employment Agreement (Acumen Pharmaceuticals, Inc.)

Outside Activities During Employment. Except with the prior written consent of the Company, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise that would interfere with Executive’s responsibilities and the performance of Executive’s duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non- non-profit and/or other charitable organization as Executive may wish to serve, (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive’s duties; and (iii) such other activities as may be specifically approved in writing by the Company. Company hereby acknowledges and consents to Executive’s existing position at AgeneBio, Inc. and deems that it complies with this Section 4.

Appears in 1 contract

Samples: Employment Agreement (Acumen Pharmaceuticals, Inc.)

Outside Activities During Employment. Except with the prior written consent of the Company, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise that would interfere with Executive’s responsibilities and the performance of Executive’s duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non- non-profit and/or other charitable organization as Executive may wish to serve, (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive’s duties; and (iii) such other activities as may be specifically approved in writing by the Company. Company hereby acknowledges and consents to Executive’s existing Executive Chairman position at Direct Spinal Therapeutics, Inc. and deems that it complies with this Section 4.

Appears in 1 contract

Samples: Employment Agreement (Acumen Pharmaceuticals, Inc.)

Outside Activities During Employment. Except with the prior written consent of the Company, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise that would interfere with Executive’s responsibilities and the performance of Executive’s duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non- non-profit and/or other charitable organization as Executive may wish to serve, (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive’s duties; and (iii) such other activities as may be specifically approved in writing by the Company. [Company hereby acknowledges consent’s to Executive’s existing position at AgeneBio, Inc. and deems that it complies with this Section 4.]

Appears in 1 contract

Samples: Employment Agreement (Acumen Pharmaceuticals, Inc.)

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Outside Activities During Employment. Except with the prior written consent of the Company, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise that would interfere with Executive’s responsibilities and the performance of Executive’s duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non- non-profit and/or other charitable organization as Executive may wish to serve, (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive’s duties; and (iii) such other activities as may be specifically approved in writing by the Company. [Company hereby acknowledges and consents to Executive’s existing positions at other companies including but not limited to Cogstate Ltd. and Vaccinex Inc. Executive agrees that these outside activities will be adjusted as quickly as possible in order to comply with the terms of this Agreement.]

Appears in 1 contract

Samples: Employment Agreement (Acumen Pharmaceuticals, Inc.)

Outside Activities During Employment. Except with the prior written consent of the Company, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise that would interfere with Executive’s responsibilities and the performance of Executive’s duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non- non-profit and/or other charitable organization as Executive may wish to serve, (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive’s duties; and (iii) such other activities as may be specifically approved in writing by the Company. Company hereby acknowledges and consents to Executive’s existing positions at other companies including but not limited to Cogstate Ltd. and Vaccinex Inc. Executive agrees that these outside activities will be adjusted as quickly as possible in order to comply with the terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Acumen Pharmaceuticals, Inc.)

Outside Activities During Employment. Except with the prior written consent of the Company, Executive will not, while employed by the Company, undertake or engage in any other employment, occupation or business enterprise that would interfere with Executive’s responsibilities and the performance of Executive’s duties hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non- non-profit and/or other charitable organization as Executive may wish to serve, (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive’s duties; and (iii) such other activities as may be specifically approved in writing by the Company. Company hereby acknowledges consent’s to Executive’s existing Executive Chairman position at Direct Spinal Therapeutics, Inc. and deems that it complies with this Section 4.

Appears in 1 contract

Samples: Employment Agreement (Acumen Pharmaceuticals, Inc.)

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