Permitted Ownership. Nothing herein shall prohibit Employee from: (i) being a passive owner of not more than 2% of the outstanding stock of any class of securities of any person or entity listed on a national securities exchange which is engaged in a Restricted Business, so long as Employee has no active participation in the Restricted Business of such person or entity and does not serve on the board of directors or similar body of such person or entity; or (ii) performing any services to the Company or its subsidiaries or that are otherwise permitted hereunder.
Appears in 4 contracts
Samples: Employment Agreement (NewAge, Inc.), Employment Agreement (New Age Beverages Corp), Indemnification Agreement (New Age Beverages Corp)
