Common use of RIGHT TO INVEST Clause in Contracts

RIGHT TO INVEST. Nothing in this Agreement is intended or shall be construed to limit Employee's right (i) to engage in passive personal investments, including, but not limited to, holding as an investment not more than five percent (5%) of any class of the issued and outstanding and publicly traded (on a recognized national or regional securities exchange or in the over-the-counter market) capital stock or other securities of any corporation or other entity that conducts activities that compete with the business of Company or any affiliate of Company; or (ii) to invest, individually or with others, in oil and gas prospects, subject, however, in the case of oil and gas prospects to the following conditions:

Appears in 5 contracts

Samples: Employment Agreement (Mariner Energy Inc), Employment Agreement (Mariner Energy Inc), Employment Agreement (Mariner Energy Inc)

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RIGHT TO INVEST. Nothing in this Agreement is intended or shall be construed to limit Employee's ’s right (i) to engage in passive personal investments, including, but not limited to, holding as an investment not more than five percent (5%) of any class of the issued and outstanding and publicly traded (on a recognized national or regional securities exchange or in the over-the-counter market) capital stock or other securities of any corporation or other entity that conducts activities that compete with the business of Company or any affiliate of Company; or (ii) to invest, individually or with others, in oil and gas prospects, subject, however, in the case of oil and gas prospects to the following conditions:

Appears in 3 contracts

Samples: Employment Agreement (Mariner Energy Inc), Employment Agreement (Mariner Energy Inc), Employment Agreement (Mariner Energy Inc)

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RIGHT TO INVEST. Nothing in this Agreement is intended or shall be construed to limit Employee's right (i) to engage in passive personal investments, including, but not limited to, holding as an investment not more than five percent (5%) of any class of the issued and outstanding and publicly traded (on a recognized national or regional securities exchange or in the over-the-the- counter market) capital stock or other securities of any corporation or other entity that conducts activities that compete with the business of Company or any affiliate of Company; or (ii) to invest, individually or with others, in oil and gas prospects, subject, however, in the case of oil and gas prospects to the following conditions:

Appears in 1 contract

Samples: Employment Agreement (Mariner Energy Inc)

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