Common use of Publicly Traded Securities Clause in Contracts

Publicly Traded Securities. Notwithstanding the foregoing, Employee may own, directly or indirectly, up to one percent (1%) of any class of “publicly traded securities” of any Person which owns or operates a business that is a Competing Business. For the purposes of this Section 1.3, “publicly traded securities” shall mean securities that are traded on a national securities exchange or listed on the Nasdaq National Market.

Appears in 5 contracts

Samples: Non Competition and Non Solicitation Agreement (Sirna Therapeutics Inc), Non Competition and Non Solicitation Agreement (Sirna Therapeutics Inc), Non Competition and Non Solicitation Agreement (Sirna Therapeutics Inc)

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Publicly Traded Securities. Notwithstanding the foregoing, Employee may own, directly or indirectly, up to one percent (1%) of any class of "publicly traded securities" of any Person which owns or operates a business that is a Competing Business. For the purposes of this Section SECTION 1.3, "publicly traded securities" shall mean securities that are traded on a national securities exchange or listed on the Nasdaq National Market.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Ribozyme Pharmaceuticals Inc)

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