Common use of Public Stock Nothing Clause in Contracts

Public Stock Nothing. in Section 4.01, however, shall prohibit Employee from owning (directly or indirectly through a parent, spouse, child or other relative or person living in the same household with Employee or any of the foregoing), as a passive investment, up to 1% of the issued and outstanding shares of any class of stock of any publicly traded company.

Appears in 8 contracts

Samples: Employment Agreement, Employment Agreement (Richardson Electronics LTD/De), Employment Agreement (Richardson Electronics LTD/De)

AutoNDA by SimpleDocs

Public Stock Nothing. in Section 4.01, however, shall prohibit Employee from owning (directly or indirectly through a parent, spouse, child or other relative or person living in the same household with Employee or any of the foregoing), as a passive investment, up to 1I % of the issued and outstanding shares of any class of stock of any publicly traded company.

Appears in 3 contracts

Samples: Employment Agreement (Richardson Electronics LTD/De), Employment Agreement (Richardson Electronics LTD/De), Employment Agreement (Richardson Electronics LTD/De)

Public Stock Nothing. in Section 4.01, however, shall prohibit Employee Executive from owning (directly or indirectly through a parent, spouse, child or other relative or person living in the same household with Employee Executive or any of the foregoing), as a passive investment, up to 1% of the issued and outstanding shares of any class of stock of any publicly traded company.

Appears in 1 contract

Samples: Employment, Nondisclosure and Non Compete Agreement (Richardson Electronics LTD/De)

AutoNDA by SimpleDocs

Public Stock Nothing. in Section 4.01, however, shall prohibit Employee from owning (directly or indirectly through a parent, spouse, child or other relative or person living in the same household with Employee or any of the foregoing), as a passive investment, up to 11 % of the issued and outstanding shares of any class of stock of any publicly traded company.

Appears in 1 contract

Samples: Employment Agreement (Richardson Electronics LTD/De)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!