Common use of Passive Investments Clause in Contracts

Passive Investments. Nothing in this Agreement shall prohibit or restrict the Executive from holding or becoming beneficially interested in up to five percent (5%) of any class of securities in any corporation provided that such class of securities are listed on a recognized stock exchange.

Appears in 3 contracts

Samples: Employment Agreement, Senior Executive Employment Agreement (Mirati Therapeutics, Inc.), Senior Executive Employment Agreement (Mirati Therapeutics, Inc.)

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Passive Investments. 7.5 Nothing in this Agreement shall prohibit or restrict the Executive from holding or becoming beneficially interested in up to five one percent (51%) of any class of securities in any corporation company provided that such class of securities are listed on a recognized stock exchangeexchange in North America.

Appears in 2 contracts

Samples: Executive Employment Services Agreement (Uranium Energy Corp), Executive Employment Agreement (Electrameccanica Vehicles Corp.)

Passive Investments. Nothing in this Agreement shall prohibit or restrict the Executive from holding or becoming beneficially interested in up to five one percent (51%) of any class of securities in any corporation provided that such class of securities are listed on a recognized stock exchangeexchange in Canada or the United States.

Appears in 2 contracts

Samples: Executive Employment Agreement (Liquid Media Group Ltd.), Agreement (Cott Corp /Cn/)

Passive Investments. Nothing 7.5Nothing in this Agreement shall prohibit or restrict the Executive from holding or becoming beneficially interested in up to five one percent (51%) of any class of securities in any corporation company provided that such class of securities are listed on a recognized stock exchangeexchange in Canada or the United States.

Appears in 1 contract

Samples: Executive Employment Agreement (Electrameccanica Vehicles Corp.)

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Passive Investments. Nothing in this Agreement shall prohibit or restrict the Executive from holding or becoming beneficially interested in up to five ten percent (510%) of any class of securities in any corporation provided that such class of securities are listed on a recognized stock exchangeexchange in Canada or the United States.

Appears in 1 contract

Samples: Executive Employment Agreement (Vireo Health International, Inc.)

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