Common use of Prohibited Activity Clause in Contracts

Prohibited Activity. Without the written consent of a majority of the Independent Directors, the Executive may not engage in any of the following actions during the period that is; (A) prior to the Executive's termination of employment with the Company; (B) within two years following the termination of his employment with the Company during the Initial Term if such termination is by the Company for Cause or by the Executive other than for Good Reason; and (C) within one year following his termination of employment during the Term but after the Initial Term if such termination is by the Company for Cause or by the Executive other than Good Reason.

Appears in 4 contracts

Samples: Employment Agreement (American Medical Providers Inc), Employment Agreement (American Medical Providers Inc), Employment Agreement (American Medical Providers Inc)

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Prohibited Activity. Without the written consent of a majority of the Independent Directors, the Executive may not engage in any of the following actions during the period that is; is (A) prior to the Executive's termination of employment with the Company; , (B) within the two years following the termination of his employment with the Company during the Initial Term if such termination is by the Company for Cause or by the Executive other than for Good Reason; Reason and (C) within one year following his termination of employment during the Term but after the Initial Term if such termination is by the Company for Cause or by the Executive other than for Good Reason.

Appears in 3 contracts

Samples: Employment Agreement (American Medical Providers Inc), Employment Agreement (American Medical Providers Inc), Employment Agreement (American Medical Providers Inc)

Prohibited Activity. Without the written consent of a majority of the Independent Directors, the Executive may not engage in any of the following actions during the period that is; is (A) prior to the Executive's termination of employment with the Company; , (B) within two years following the termination of his employment with the Company during the Initial Term if such termination is by the Company for Cause or by the Executive other than for Good Reason; Reason and (C) within one year following his termination of employment during the Term but after the Initial Term if such termination is by the Company for Cause or by the Executive other than Good Reason.

Appears in 3 contracts

Samples: Employment Agreement (Paracelsus Healthcare Corp), Employment Agreement (Paracelsus Healthcare Corp), Employment Agreement (Paracelsus Healthcare Corp)

Prohibited Activity. Without the written consent of a majority of the Independent Directors, the Executive may not engage in any of the following actions during the period that is; is (A) prior to the Executive's termination of employment with the Company; , (B) within two years following the termination of his employment with the Company during the Initial Term if such termination is by the Company for Cause or by the Executive (other than for Good Reason; ) and (Cc) within one year following his termination of employment during the Term but after the Initial Term if such termination is by the Company for Cause or by the Executive (other than for Good Reason.):

Appears in 2 contracts

Samples: Employment Agreement (Paracelsus Healthcare Corp), Employment Agreement (Paracelsus Healthcare Corp)

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Prohibited Activity. Without the written consent of a majority of the Independent Directors, the Executive may not engage in any of the following actions during the period that is; (A) prior to the Executive's termination of employment with the Company; (B) within two years following the termination of his employment with the Company during the Initial Term if is such termination is by the Company for Cause or by the Executive other than for Good Reason; and (C) within one year following his termination of employment during the Term but after the Initial Term if of such termination is by the Company for Cause or by the Executive other than Good Reason.

Appears in 2 contracts

Samples: Employment Agreement (American Medical Providers Inc), Employment Agreement (American Medical Providers Inc)

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