Common use of Requests for Modification Clause in Contracts

Requests for Modification. Executive represents that Executive is willing and able to engage in other employment not prohibited by this Agreement. In the event Executive subsequently decides that Executive would like to pursue an opportunity prohibited by the terms of this Agreement, Executive agrees to make written request to Company for a modification of the restrictions contained in this Agreement prior to pursuing the opportunity, such request to include the name and address of the organization or entity involved (if any) and the title, nature, and duties of the activity Executive wishes to pursue. Executive agrees and understands that the Company is under no obligation whatsoever to grant any such modification and will decide any such request in its sole and absolute discretion.

Appears in 6 contracts

Samples: Employment Agreement, Employment Agreement (SAILFISH ENERGY HOLDINGS Corp), Employment Agreement (SAILFISH ENERGY HOLDINGS Corp)

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