Common use of Passive Interest Clause in Contracts

Passive Interest. Notwithstanding anything to the contrary contained herein, nothing in this Non-Competition Agreement will prevent a Director from owning 5% or less of any class of security of a Competing Business.

Appears in 3 contracts

Samples: Non Competition Agreement (Glacier Bancorp Inc), Non Competition Agreement (Glacier Bancorp Inc), Director Non Competition Agreement (Glacier Bancorp Inc)

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Passive Interest. Notwithstanding anything to the contrary contained herein, nothing in this Non-Competition Agreement will prevent a Director from owning 5% two percent (2%) or less of any class of security of a Competing Business.

Appears in 3 contracts

Samples: Solicitation, and Confidentiality Agreement (Glacier Bancorp, Inc.), Solicitation, and Confidentiality Agreement (Glacier Bancorp Inc), Solicitation, and Confidentiality Agreement (Glacier Bancorp Inc)

Passive Interest. Notwithstanding anything to the contrary contained herein, nothing Nothing in this Non-Competition Agreement will prevent a Director prevents the Directors from owning 5% or less of any class of security of a Competing Business.

Appears in 3 contracts

Samples: Non Competition Agreement (Columbia Banking System Inc), Non Competition Agreement (Columbia Banking System Inc), Non Competition Agreement (Intermountain Community Bancorp)

Passive Interest. Notwithstanding anything to the contrary contained herein, nothing in this Non-Competition Agreement will shall prevent a Director from owning 5% or less of any class of security of a Competing Business.

Appears in 2 contracts

Samples: Non Competition Agreement (Glacier Bancorp Inc), Non Competition Agreement (Glacier Bancorp Inc)

Passive Interest. Notwithstanding anything to the contrary contained herein, nothing in this Non-Competition Agreement will prevent a the Director from owning 5% two percent (2%) or less of any class of security of a Competing Business.

Appears in 2 contracts

Samples: Director Non Competition Agreement (Glacier Bancorp Inc), Director Non Competition Agreement (Glacier Bancorp Inc)

Passive Interest. Notwithstanding anything to the contrary contained herein, nothing in this Non-Competition Agreement will prevent a Director from owning 5% two percent or less of any class of security of a Competing Business.

Appears in 1 contract

Samples: Solicitation, and Confidentiality Agreement (Glacier Bancorp, Inc.)

Passive Interest. Notwithstanding anything to the contrary contained herein, nothing Nothing in this Non-Competition Agreement will prevent prevents a Director from owning 5% or less of any class of security of a Competing Business.

Appears in 1 contract

Samples: CDC Director Non Competition Agreement (Glacier Bancorp Inc)

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Passive Interest. Notwithstanding anything to the contrary contained hereinin this Agreement, nothing in this Non-Competition Agreement will prevent a Director from owning 5% two percent (2%) or less of any class of security of a Competing Business.

Appears in 1 contract

Samples: Glacier Bancorp, Inc.

Passive Interest. Notwithstanding anything to the contrary contained herein, nothing in this Non-Competition Agreement will prevent a Director from owning 52% or less of any class of security of a Competing Business.

Appears in 1 contract

Samples: Director Non Competition Agreement (Glacier Bancorp Inc)

Passive Interest. Notwithstanding anything to the contrary contained herein, nothing in this Non-Competition Agreement will prevent a the Director from owning 52% or less of any class of security of a Competing Business.

Appears in 1 contract

Samples: Non Competition Agreement (Glacier Bancorp Inc)

Passive Interest. Notwithstanding anything to the contrary contained herein, nothing Nothing in this Non-Competition Agreement will prevent prevents a Director from owning 5% 5 percent or less of any class of security of a Competing Business.

Appears in 1 contract

Samples: Non Competition Agreement (Columbia Banking System Inc)

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