Common use of Restriction on Investments Clause in Contracts

Restriction on Investments. The Executive may make passive investments in companies involved in industries in which the Company operates, provided any such investment does not exceed a 5% equity interest, unless Executive obtains consent to acquire an equity interest exceeding 5% by consent of the Chief Executive Officer and the Chairman of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Silver Bull Resources, Inc.), Employment Agreement (Silver Bull Resources, Inc.), Employment Agreement (Silver Bull Resources, Inc.)

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Restriction on Investments. The Executive may make passive investments in companies involved in industries in which the Company operates, provided any such investment does not exceed a 5% equity interest, unless Executive obtains consent to acquire an equity interest exceeding 5% by consent of the Chief Executive Officer and the Chairman of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Silver Bull Resources, Inc.), Employment Agreement (Silver Bull Resources, Inc.)

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Restriction on Investments. The Executive may make passive investments in companies involved in industries in which the Company operatesand Arras operate, provided any such investment does not exceed a 510% equity interest, unless Executive obtains consent to acquire an equity interest exceeding 510% by consent of the Chief Executive Officer and the Chairman of the CompanyCompany and Arras.

Appears in 1 contract

Samples: Employment Agreement (Silver Bull Resources, Inc.)

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