Outside Business Interests Sample Clauses

Outside Business Interests. Employee agrees to faithfully devote all of his/her time, energy, and skill to his/her employment with Company on a full-time basis for at least forty (40) hours per week, Mondays through Fridays of each successive calendar month, but exclusive of holidays set by Company and vacation periods in accordance with Company’s policies. Employee shall not, while employed hereunder, be engaged in any other business activity, unless consented to in writing by Company. Notwithstanding the foregoing, Employee may engage in passive personal investments that do not interfere with the business and affairs of Company or interfere with the performance of Employee’s duties to Company. Employee represents and warrants to Company that this Agreement, the performance of his/her obligations under this Agreement or the employment relationship between Company and Employee under this Agreement do not and will not violate or conflict with any non competition (as pertaining to being employed by a competitor), non-solicitation (as pertaining to customers), non-interference (as pertaining to employees, agents or servants) or confidentiality agreement (as pertaining to trade secrets and other confidential information), or any other obligation to which Employee is subject. Employee also represents and warrants to Company that he/she will not use the trade secrets or other confidential information of former employers or others in connection with his/her employment by Company.
Sample 1Sample 2See All (6)
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Outside Business Interests. You agree that you will not be engaged, interested or concerned in any activity, office or outside business interests without prior consent of the Company. For the avoidance of doubt, consent will not be given in relation to any activities, office or business interests, which in view of the Company, are similar to, or compete directly or indirectly with the business of the Company, or the Group, or which could in the view of the Company, give rise to a conflict of interest or interfere with the efficient performance of your duties.
Sample 1
Outside Business Interests. Any DOT employee who holds, directly or indirectly, a financial interest in any business, firm, or enterprise shall complete an Employment/Outside Business Disclosure Form (see attached) and submit it to the Department's Human Resources Administrator. An indirect financial interest includes situations where a DOT employee’s spouse has a financial interest in a business, firm, or enterprise. A financial interest means that the employee or his spouse is an owner, member, partner, or shareholder in a non-publicly traded entity. Disclosure of such outside business interests to the DOT Human Resources Administrator shall not constitute approval of the outside business interest under this Policy or the Code of Ethics for Public Officials. DOT employees shall not have a financial interest in any business, firm, or enterprise which will either impair their independence of judgment with regard to their State duties or require or induce them to disclose confidential information gained through their State duties. Inquiries concerning the propriety of a DOT employee’s outside business interests shall be directed to the Office of State Ethics to assure compliance with the Code of Ethics for Public Officials.
Sample 1
Outside Business Interests. (a) The General Partner, its affiliates and its respective managers, officers and employees may engage or participate independently or with others at any time in other business ventures of every nature and description, including business ventures relating to the Partnership's business. Nothing in this Agreement prohibits the General Partner, its affiliates or its respective directors, officers and employees from dealing, or otherwise engaging in business, with Persons transacting business with the Partnership or from providing services for compensation in the same field as the Partnership's business.
Sample 1
Outside Business Interests. Employee acknowledges that he has an active legal practice which he has been divesting himself of for the past twelve months and which, if continued, would be in violation of Paragraph 2. As a condition of his employment, Employee agrees to fully divest himself of his legal practice, known as "The Law Office of Xxxx X. XxXxxx", within six (6) months of the company's shares being offered to the general public pursuant to its Section 504 and Form "D" filing. In the interim, Employee agrees to fully disclose to the Company and to respond to all reasonable inquiries by the Company with regard to the status of his divestment in "The Law Office of Xxxx X. XxXxxx". The Company acknowledges and agrees that with certain active cases, divestment will require a court order approving withdrawal of Employee as attorney of record. If for any reason the Court will not grant Employee's motion to withdraw, then the Employee, being forced to continue representation, will seek assistance of associate counsel to handle much, if not all, of the work involved on such cases. Upon execution of this Agreement, Employee agrees not to solicit or accept any additional legal work. It being the stated intent of the Parties that Employee not be actively participating as a lawyer in any cases six (6) months after the execution of this Agreement, and, in the interim, to take all reasonable and necessary efforts to minimize his time spent on his legal practice so that his full attention can be devoted to the Company's business.
Sample 1
Outside Business Interests. 13.1 During the Executive's employment with the Company, the Executive shall not without the prior written consent of a member of the Board undertake any other employment outside working hours, whether paid or unpaid, nor be interested in, engage in or be concerned with whether directly or indirectly any business or undertaking which carries on the same or similar business as the Company or any Group Company PROVIDED THAT:- 13.1.1 the Executive may hold up to 5% of any securities in a company which is quoted on any recognised Stock Exchange; and 13.1.2 nothing in this clause shall prevent the Executive from providing his services on a voluntary basis to any members club or charitable organisation so long as it will not affect the Executive's ability to carry out his duties hereunder nor in any way be in breach of the other obligations of the Executive hereunder. 13.2 During the Executive's employment with the Company the Executive shall not:- 13.2.1 make any preparation for the purposes of engaging, directly or indirectly, whether on his own account or for any person, firm or company in any business which carries on the same or similar business as the Company or any Group Company; 13.2.2 induce or seek to induce any employee of the Company to leave the employment of the Company or any Group Company to engage, directly or indirectly, whether on his own account or for any person firm or company in any business which carries on the same or similar business to the Company or any Group Company. 13.3 The Executive confirms that he has so far as he is aware disclosed fully to the Company all circumstances in respect of which there is, or there is likely to be, a conflict of interest between the Company and the Executive or his spouse or other immediate relative and he agrees to disclose fully to the Company any such circumstances which arise during his employment with the Company as soon as he shall have become aware of the same.
Sample 1
Outside Business Interests. Staff must devote their full time and loyalty to the Bank’s business. Generally, no Staff may engage in outside employment if this will lead to an impact on their performance or to Conflicts Of Interest. Outside Business Interests (OBI) includes the following activities:  Acting as a Director / Executive Officer outside of the Bank  Being employed by, or acting as a consultant for, another person or entity.  Receiving compensation from another person or entity for business activities including, for example, a family business.  Receiving fees for an external work product, such as an article or speech.  Holding elected or appointed political or governmental position.
Sample 1
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Related to Outside Business Interests

  • Legitimate Business Interests The Executive recognizes that the Company has legitimate business interests to protect and as a consequence, the Executive agrees to the restrictions contained in this Agreement because they further the Company’s legitimate business interests. These legitimate business interests include, but are not limited to (i) trade secrets; (ii) valuable confidential business, technical, and/or professional information that otherwise may not qualify as trade secrets, including, but not limited to, all Confidential Information; (iii) substantial, significant, or key relationships with specific prospective or existing Customers, vendors or suppliers; (iv) Customer goodwill associated with the Company’s business; and (v) specialized training relating to the Company’s technology, Services, methods, operations and procedures. Notwithstanding the foregoing, nothing in this Section 9(b) shall be construed to impose restrictions greater than those imposed by other provisions of this Agreement.

  • Other Business Interests The Trustees shall devote to the affairs of the Trust (including every Series thereof) such time as may be necessary for the proper performance of their duties hereunder, but neither the Trustees nor the officers, directors, shareholders, partners or employees of the Trustees, if any, shall be expected to devote their full time to the performance of such duties. The Trustees, or any Affiliate, shareholder, officer, director, partner or employee thereof, or any Person owning a legal or beneficial interest therein, may engage in, or possess an interest in, any business or venture other than the Trust or any Series thereof, of any nature and description, independently or with or for the account of others. None of the Trust, any Series thereof or any Shareholder shall have the right to participate or share in such other business or venture or any profit or compensation derived therefrom.

  • Outside Businesses Subject to the provisions of Section 6.3, any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the activities of the Trust, and the Trust and the Holders of Securities shall have no rights by virtue of this Trust Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the activities of the Trust, shall not be deemed wrongful or improper. No Covered Person, the Sponsor, the Delaware Trustee or the Property Trustee shall be obligated to present any particular investment or other opportunity to the Trust even if such opportunity is of a character that, if presented to the Trust, could be taken by the Trust, and any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee shall have the right to take for its own account (individually or as a partner or fiduciary) or to recommend to others any such particular investment or other opportunity. Any Covered Person, the Delaware Trustee and the Property Trustee may engage or be interested in any financial or other transaction with the Sponsor or any Affiliate of the Sponsor, or may act as depositary for, trustee or agent for, or act on any committee or body of holders of, securities or other obligations of the Sponsor or its Affiliates.

  • Separate Business CAC shall not: (i) fail to maintain separate books, financial statements, accounting records and other corporate documents from those of Funding; (ii) commingle any of its assets or the assets of any of its Affiliates with those of Funding (except to the extent that CAC acts as the Servicer of the Loans); (iii) pay from its own assets any obligation or indebtedness of any kind incurred by Funding (or the Trust); and (iv) directly, or through any of its Affiliates, borrow funds or accept credit or guaranties from Funding.

  • Third Party Interests The other parties to this Agreement hereby represents to the Trustee that any account to be opened by, or interest to be held by, the Trustee in connection with this Agreement, for or to the credit of such party, either (i) is not intended to be used by or on behalf of any third party; or (ii) is intended to be used by or on behalf of a third party, in which case such party hereto agrees to complete and execute forthwith a declaration in the Trustee’s prescribed form as to the particulars of such third party.

  • Excluded Assets Notwithstanding anything to the contrary in this Agreement, the Purchased Assets shall not include the following assets (collectively, the “Excluded Assets”): (a) all cash, cash equivalents (including marketable securities and short-term investments), bank accounts and their balances (including related books and records), lockboxes and deposits of, and any rights or interests in, the cash management system of Seller, including uncleared checks and drafts received or deposited for the account of Seller; (b) all rights under any Contracts, including those listed on Schedule 2.02(b), but excluding the Assumed Contracts; (c) all Company Plans and attributable assets of, or relating to, such plans, including all records, Contracts and arrangements associated with such Company Plans; (d) any Intellectual Property of Seller not Related to the Business; (e) Seller’s Organizational Documents and minute and equity ownership books and records having to do with the company organization or existence of Seller and its company seal; (f) all rights, claims, credits, causes of action or rights of set-off that Seller may have arising under this Agreement or as a result of the consummation of the transactions contemplated hereby; (g) any refunds of Taxes for any Pre-Closing Tax Period or for which Seller is liable pursuant to Section 6.12; (h) the Tax Returns and Tax records and reports of Seller other than those that are Purchased Assets; (i) all insurance policies of Seller, including claims thereunder and any claims or benefits in, to or under any express or implied warranties from suppliers of goods or services relating to Inventory sold by Seller prior to Closing; (j) all of Seller’s intercompany account balances with its Affiliates, including those related to the Products; (k) all assets, properties, and interests rights primarily used in or held for use in connection with the operation of Seller’s wound care and urology business; (l) the rights that accrue or will accrue to Seller under this Agreement and the other Transaction Documents; and (m) the other assets of Seller that are identified on Schedule 2.02(m).

  • Damage to Personal Property The Employer will provide reimbursement for reasonable repair or replacement of damages incurred to the employee's eyeglasses, contact lenses or other prosthesis, ripped uniforms, or personal clothing, as a result of being assaulted while performing his/her work. The employee must report the incident by the end of their shift. The employee will present her or his receipt to the Employer within seven (7) days after the event, unless it was impossible for her or him to do so during this period. The Employer will reimburse up to a maximum of one hundred dollars ($100) per incident except for eyeglasses, which shall have a maximum reimbursement of three hundred dollars ($300).

  • Excluded Assets and Liabilities Notwithstanding that this ------------------------------- Agreement relates to the purchase of capital stock from Seller by Purchaser, which results in the Company retaining any and all of its assets and liabilities, it is understood and agreed that Seller shall remove from the Company's premises prior to Closing and/or, as appropriate, remove from the Company's books and records, only those particular assets set forth on Schedule 1.3 hereto (the "EXCLUDED ASSETS"). Further, Seller shall assume any and all liabilities set forth on Schedule 1.3 hereto (the "EXCLUDED LIABILITIES"). Purchaser agrees that it shall cause Penta-Gen and the Company to execute any and all such bills of sale, assignments and/or agreements as may be necessary to transfer title to the Excluded Assets to Seller and to assign and/or transfer the Excluded Liabilities to Seller. The parties hereto further agree that no other assets of the Company, whether tangible or intangible, shall be removed from the Company's premises or from the Company's books and records except in the ordinary course of the Company's Business as provided herein from and after December 31, 1995 through the Closing Date.

  • Business Interruption Plan ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions.

  • Business Information C101 commercial activities (such as nature of business, goods or services, commercial contracts, etc.) C102 agreement or contract (such as trading, business, legal, or other contract agents, etc.) C103 business-related licenses (such as whether a specific license is obtained, market trading license, truck driving license, etc.)

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