Personal Investments. Nothing herein shall preclude you from having, making, or managing personal investments which do not involve your active participation in the affairs of the entities in which you so invest, but, unless approved in writing by the Board of Directors of the Company, during the term of your employment hereunder, you shall not have more than a one percent (1%) ownership interest in any entity which is directly competitive with any business conducted by the Company at that time. The phrase "conducted by the Company" as used in this Pxxxxxxxx 0X and in Paragraph 13 hereof shall mean the business conducted by the Company or by any corporation or other entity in which the Company owns fifty percent (50%) or more of the stock or equity interests (either voting or non-voting) in such other entity (a "Subsidiary").
Personal Investments. Employee agrees that during the Employment Term and the Noncompetition Period, Employee (whether in his own name or in the name of any family members or made by Employee’s controlled affiliates) will not make any investments with or in any person or entity (other than the Parent) which relates to the business of manufacturing, fabricating, selling, leasing and maintaining of natural gas compressors or the design and manufacture of natural gas flare systems, components and ignition systems.
Personal Investments. Nothing herein contained shall prevent the Employee from being a passive owner of not more than one percent (1%) of the outstanding stock of any class of a corporation which is engaged in a Competitive Business and which is publicly traded, or of a privately held corporation that is not competitive in any manner with the business of the Company, provided the Employee (i) has no other participation in the management, operations or business of such corporation and (ii) is not a controlling person of, or a member of a group which controls, such corporation.
Personal Investments. Executive has made a few personal investments:
– a) ESTEE Advisors - a fund management company. Executive is on their Board of Advisors and spends minimal time on this activity; -- b) One Paper Lane –a technology start-up company that seeks to eliminate paper and streamline processes. Executive is on the board of this privately held company. Time commitment is minimal. -- c) other investments – no real time commitment other than to manage Executive’s personal investments.
Personal Investments. Xxxxxxxxxx may from time to time engage in normal personal investments which do not conflict with or detract from the performance of his duties hereunder.
Personal Investments. NBIN employees’ personal investments are subject to NBIN Personal Trading Policy and are supervised as per regulatory requirements to ensure compliance with Conflict of Interest policies. Employees should not make personal investments based on confidential information held by NBIN.
Personal Investments. Executive agrees that during the Term, the Executive (whether in his own name or in the name of any family members or made by the Executive's {JK00525120.1 } controlled affiliates) will not make any investments with or in any person or entity (other than the Company) which relates to the business of manufacturing, fabricating, selling, leasing and the maintenance of natural gas compressors or natural gas flare systems, components and ignition systems.
Personal Investments. Nothing herein shall preclude you from having, making, or managing personal investments which do not involve your active participation in the affairs of the entities in which you so invest, but, unless approved in writing by the Board of Directors of the Company, during the
Personal Investments. You must avoid entering into transactions where it appears that you or a member of your family would benefit personally from your relationship with the Company or from information obtained in the course of your work for the Company. You must refrain from having any outside investment or business relationship that would dilute your loyalty to the Company or impact the Company’s position as a member of a free and impartial press. Situations that could have this effect include: • holding a significant interest in any business enterprise that is or seeks to be an advertiser, supplier or customer of the newspaper or operation where you are employed, or which otherwise does business with the Company, where that investment is significant either to you or to the other person or company; or • holding a significant investment in any business enterprise that competes directly with the Company, or purchasing any property or business that the Company would like to acquire or use in its business. Editorial employees should also refrain from: • investing in any company or property about which you have information not yet available to the general public (e.g., hold-for-release material, plans for stories, items that may affect prices of goods or services or projected advertising campaigns); or • making investments or financial commitments that can be viewed as affecting the credibility or motive for any story, news item or advertisement appearing in a McClatchy newspaper or publication.
Personal Investments. You should avoid entering into transactions where it appears that you or a member of your family would benefit personally from your relation- ship with the Company or from information obtained in the course of your work for the Company. You should refrain from having any outside in- vestment or business relationship that would dilute your loyalty to the Company or impact the Company’s position as a member of a free and impartial press. Situations that could have this effect include: · holding a significant interest in any business enterprise that is or seeks to be an advertiser, supplier or customer of the newspaper or opera- tion where you are employed, or which otherwise does business with the Company, where that investment is significant either to you or to the other person or company; or · holding a significant investment in any business enterprise that com- petes directly with the Company, or purchasing any property or business that the Company would like to acquire or use in its business. Editorial employees should also refrain from: · investing in any company or property about which you have informa- tion not yet available to the general public (e.g., hold-for-release material, plans for stories, items that may affect prices of goods or services or pro- jected advertising campaigns); or · making investments or financial commitments that can be viewed as affecting the credibility or motive for any story, news item or advertise- ment appearing in a McClatchy newspaper or publication. Certain forms of hedging or monetization transactions, such as zero- cost collars and forward sale contracts, allow an investor to lock in much of the value of his or her stock holdings, often in exchange for all or part of the potential for upside appreciation in the stock. These transactions al- low the investor to continue to own the covered securities, but without the full risks and rewards of ownership. When that occurs, the investor may no longer have the same objectives as the Company’s other shareholders. Therefore, you are prohibited from engaging in any hedging transactions involving the Company’s stock, any options to purchase the Company’s stock, or stock appreciation rights related to the Company’s stock. Your position with the Company may not be used to influence public officials or others, including suppliers and advertisers, for personal ben- efit; nor may employment with the Company be used as leverage to gain favors from customers, news sources, supplier...
