Common use of Ventures Clause in Contracts

Ventures. If, during the Term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, or venture involving the Company and a third party or parties, all rights in the project, program, or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the Board, Executive shall not be entitled to any interest in such project, program, or venture or to any commission, finder’s fee, or other compensation in connection therewith other than the Base Salary to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term of this AgreementExecutive’s employment, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a any third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively (or the third party, to the Companyextent provided in any agreement between the Company and the third party). Except as formally approved in writing by the BoardCompany, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary salary or other compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term of this AgreementTerm, the Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company Corporation and a third party or parties, all rights in the with respect to such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the CompanyCorporation. Except as approved in writing by the Board, the Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary salary to be paid to the Executive as provided in this Agreement.

Ventures. If, during the Term of this AgreementExecutive’s employment, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a any third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively (or third party, to the Companyextent provided in any agreement between the Company and the third party). Except as approved in writing by the BoardBoard in writing, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary salary or other compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term of this Agreementhis employment, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a any third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively (or third party, to the Companyextent provided in any agreement between the Company and the third party). Except as approved in writing by the BoardBoard in writing, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary salary or other compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term of this AgreementTerm, Executive is engaged in or associated with the planning or implementing of any projectprojects, program, programs or venture ventures involving the Company and a third party or parties, all rights in the projectsuch projects, program, or venture programs and ventures shall belong to the Company and shall constitute a corporate opportunity belonging exclusively (or the third party, to the Companyextent provided in any agreement between the Company and the third party). Except as formally approved in writing by the BoardCompany, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary salary or other compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as formally approved in writing by the BoardCompany's Board of Directors, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary salary or other compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, or venture involving the Company and a third party or parties, all rights in the project, program, or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the Board, Executive shall not be entitled to any interest in such project, program, or venture or to any commission, finder’s 's fee, or other compensation in connection therewith other than the Base Salary to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, or venture involving the Company and a third party or parties, all rights in the project, program, or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as expressly approved in writing by the BoardCompany, Executive shall not be entitled to any interest in such project, program, or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith therewith, other than the Base Salary compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term of this Agreementemployment, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a any third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively (or third party, to the Companyextent provided in any agreement between the Company and the third party). Except as formally approved in writing by the BoardCompany, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary salary or other compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as formally approved in writing by the BoardCompany's Board of Directors, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary salary to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving directly related to the business of the Company or its Affiliates and a third party or parties, all rights in the project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as expressly approved in writing by the BoardCompany, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith therewith, other than the Base Salary compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as formally approved in writing by the BoardCompany, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary salary to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreementemployment, Executive is engaged in or associated with becomes aware of the planning or implementing implementation of any project, program, program or venture involving the Company and a third party (or parties, any of its Affiliates): (a) all rights in the such project, program, program or venture shall belong to the Company Company, and (b) all information related thereto shall constitute a corporate opportunity belonging exclusively to the CompanyConfidential Information. Except as approved in writing by the Board, Executive shall not be entitled to any interest in any such project, programprogram or venture, or venture or to any commission, finder’s fee, fee or other compensation in connection therewith therewith, other than the Base Salary compensation to be paid to Executive by the Company as provided in this Agreement.

Ventures. If, during the Term term of this Agreementhis employment, the Executive is engaged in or associated with the planning or implementing of any project, program, venture or venture relationship involving the Company and a third party or parties, all rights in the such project, program, venture or venture relationship shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the Board, the Executive shall not be entitled to any interest in such project, program, venture or venture relationship or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary compensation to be paid to the Executive as provided in this Agreement.

Ventures. IfIf Executive, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a any third party or parties, all rights in the project, program, program or venture shall belong to the Company Company, and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the Board, Executive shall not be entitled to any interest in such project, program, or venture therein or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary salary to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the project, program, program or venture shall will belong to the Company and shall will constitute a corporate opportunity belonging exclusively to the Company. Except as expressly approved in writing by the BoardCompany, Executive shall will not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith therewith, other than the Base Salary compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreementhis employment, the Executive is engaged in or associated with the planning or implementing of any project, program, venture or venture relationship involving the Company and a third party or parties, all rights in the project, program, or venture such project shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the Board, the Executive shall not be entitled to any interest in such project, program, or venture project or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary compensation to be paid to the Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving directly related to the business of the Company and a third party or parties, all rights in the project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as expressly approved in writing by the BoardCompany, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith therewith, other than the Base Salary compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term of this Agreementhis employment and as before, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a any third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively (or third party, to the Companyextent provided in any agreement between the Company and the third party). Except as approved in writing by the BoardBoard in writing, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary salary or other compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, or venture involving the Company and a third party or parties, all rights in the project, program, or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved provided in writing by the BoardSection 4.4 above, Executive shall not be entitled to any interest in such project, program, or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary to be paid to Executive as provided in this Agreementtherewith.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company or its affiliates and a third party or parties, all rights in the project, program, program or venture shall will belong to the Company or the applicable affiliate and shall will constitute a corporate opportunity belonging exclusively to the CompanyCompany or the applicable affiliate. Except as expressly approved in writing by the BoardCompany, Executive shall will not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith therewith, other than the Base Salary compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, or venture involving the Company and a third party or parties, all rights in the project, program, or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved provided in writing by the BoardSection 4.4 above, Executive shall not be entitled to any interest in such project, program, or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary to be paid to Executive as provided in this Agreementtherewith.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as expressly approved in writing by the BoardCompany, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith therewith, other than the Base Salary compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreementhis employment, the Executive is engaged in or associated with the planning or implementing of any project, program, venture or venture relationship involving the Company and a third party or parties, all rights in the such project, program, venture or venture relationship shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the Board, the Executive shall not be entitled to any interest in such project, program, venture or venture relationship or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary compensation to be paid to the Executive as provided in this Agreement.

Ventures. If, during the Term of this Agreementher employment, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a any third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively (or third party, to the Companyextent provided in any agreement between the Company and the third party). Except as approved in writing by the BoardBoard in writing, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary salary or other compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term of this AgreementTerm, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and/or its subsidiaries and affiliates, and a third party or parties, all rights in the with respect to such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company, its subsidiaries and/or affiliates, as applicable. Except as approved in writing by the BoardBoard of Directors of the Company, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary compensation to be paid to by Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the BoardCompany's Board of Directors, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary salary to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, the Executive develops or is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company or its resources and a third party or parties, all rights in the project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the BoardPortec CEO, the Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary to be paid to the Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving directly related to the business of the Company and or its Affiliates including those involving a third party or parties, all rights in the project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as expressly approved in writing by the BoardCompany, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith therewith, other than the Base Salary compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during If while employed by the Term of this Agreement, Company Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company or its affiliates and a third party or parties, all rights in the project, program, program or venture shall will belong to the Company or the applicable affiliate and shall will constitute a corporate opportunity belonging exclusively to the CompanyCompany or the applicable affiliate. Except as expressly approved in writing by the BoardCompany, Executive shall will not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith therewith, other than the Base Salary compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, or venture involving the Company and a third party or parties, all rights in the project, program, or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as expressly approved in writing by the BoardCompany, Executive shall not be entitled to any interest in such project, program, or venture or to any commission, finder’s fee, fee or other compensation in connection therewith therewith, other than the Base Salary compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as formally approved in writing by the BoardCompany’s Board of Directors, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary salary or other compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreementagreement, Executive is -------- engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as formally approved in writing by the BoardCompany's Board of Directors, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary salary to be paid to Executive as provided in this Agreementagreement.

Ventures. If, during the Term of this AgreementTerm, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and/or its subsidiaries and affiliates, and a third party or parties, all rights in the with respect to such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company, its subsidiaries and/or affiliates, as applicable. Except as approved in writing by the BoardChief Executive Officer of the Company, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary compensation to be paid to by Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the BoardCompany's Board of Directors, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary salary to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term of this Agreementhis employment, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a any third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively (or third party, to the Companyextent provided in any agreement between the Company and the third party). Except as approved in writing by the BoardCompany in writing, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary salary or other compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged -------- in or associated with the planning or implementing of any project, program, or venture involving the Company and a third party or parties, all rights in the project, program, or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as expressly approved in writing by the BoardCompany, Executive shall not be entitled to any interest in such project, program, or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith therewith, other than the Base Salary compensation to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term of this AgreementTerm, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and/or its subsidiaries and affiliates, and a third party or parties, all rights in the with respect to such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company, its subsidiaries and/or affiliates, as applicable. Except as approved in writing by the BoardChief Executive Officer of the Company, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary compensation to be paid to by Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the project, programprogram or venture, to the extent that such rights may be claimed by Executive or venture the Company, shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the BoardCompany's Board of Directors, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary salary to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the BoardCompany's Board of Directors, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary salary to be paid to Executive as provided in ln this Agreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the BoardCompany's Board of Directors, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary salary to be paid to Executive as provided in this Agreement.. 4

Ventures. If, during the Term of this AgreementTerm, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and/or its subsidiaries and affiliates, and a third party or parties, all rights in the with respect to such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company, its subsidiaries and/or affiliates, as applicable. Except as approved in writing by the BoardBoard of Directors of the Company, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary compensation to be paid to by Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreementagreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as formally approved in writing by the BoardCompany's Board of Directors, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary compensation to be paid to Executive as provided in this Agreementagreement.

Ventures. If, during the Term term of this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, or venture involving the Company and a third party or parties, all rights in the project, program, or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the Board, Executive shall not be entitled to any interest in such project, program, or venture or to any commission, finder’s 's fee, or other compensation in connection therewith other than the Base Salary to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreement, his employment the Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the BoardCompany’s Board of Directors, the Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, fee or other compensation in connection therewith other than the Base Salary compensation to be paid to the Executive as provided in this Agreement.

Ventures. If, during the Term term of Executive's employment -------- pursuant to this Agreement, Executive is engaged in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as formally approved in writing by the BoardPurchaser's Board of Directors, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary salary to be paid to Executive as provided in this Agreement.

Ventures. If, during the Term term of this Agreementagreement, Executive is engaged -------- in or associated with the planning or implementing of any project, program, program or venture involving the Company and a third party or parties, all rights in the such project, program, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as formally approved in writing by the BoardCompany's Board of Directors, Executive shall not be entitled to any interest in such project, program, program or venture or to any commission, finder’s fee, 's fee or other compensation in connection therewith other than the Base Salary salary to be paid to Executive as provided in this Agreementagreement.