Passive Investments. Notwithstanding the foregoing, Executive may own interests of less than five percent of the outstanding equity securities of a company that is engaged in a business otherwise prohibited under subsection 5.1 if the equity securities of such company are registered under the Securities Exchange Act of 1934 or publicly traded under similar laws of any other country.
Appears in 4 contracts
Samples: Employment Agreement (Fortified Holdings Corp.), Employment Agreement (Fortified Holdings Corp.), Employment Agreement (Fortified Holdings Corp.)
