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.
Appears in 20 contracts
Samples: Executive Employment Agreement, Executive Employment Agreement (Inventure Foods, Inc.), Executive Employment Agreement (Inventure Foods, Inc.)
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.
Appears in 16 contracts
Samples: Employment Agreement (Mavenir Private Holdings II Ltd.), Employment Agreement (Mitel Networks Corp), Employment Agreement (Mavenir Systems Inc)
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.
Appears in 12 contracts
Samples: Employment Agreement (LJM Energy Corp.), Employment Agreement (LJM Energy Corp.), Employment Agreement (Alamo Energy Corp.)
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.
Appears in 11 contracts
Samples: Executive Employment Agreement (Alpine Immune Sciences, Inc.), Executive Employment Agreement (Castle Biosciences Inc), Fairman Employment Agreement (Vaxcyte, Inc.)
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.
Appears in 11 contracts
Samples: Executive Employment Agreement (Alpine Immune Sciences, Inc.), Employment Agreement (Milestone Pharmaceuticals Inc.), Executive Employment Agreement (Alpine Immune Sciences, Inc.)
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.
Appears in 11 contracts
Samples: Executive Employment Agreement (Teladoc, Inc.), Executive Employment Agreement (Teladoc, Inc.), Executive Employment Agreement (Teladoc, Inc.)
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.
Appears in 9 contracts
Samples: Employment Agreement (Medtox Scientific Inc), Employment Agreement (Medtox Scientific Inc), Employment Agreement (Medtox Scientific Inc)
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.
Appears in 7 contracts
Samples: Employment Agreement (Imarx Therapeutics Inc), Executive Employment Agreement (Poore Brothers Inc), Employment Agreement (Imarx Therapeutics Inc)
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.
Appears in 7 contracts
Samples: Employment Agreement (Biogold Fuels CORP), Employment Agreement (Biogold Fuels CORP), Employment Agreement (Qt 5 Inc)
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.
Appears in 5 contracts
Samples: Employment Agreement (Onelink Communications Inc), Employment Agreement (Fieldworks Inc), Employment Agreement (Enstar Inc)
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.
Appears in 5 contracts
Samples: Employment Agreement (Kratos Defense & Security Solutions, Inc.), Employment Agreement (Kratos Defense & Security Solutions, Inc.), Employment Agreement (Kratos Defense & Security Solutions, Inc.)
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.
Appears in 5 contracts
Samples: Executive Employment Agreement (Alkami Technology, Inc.), Executive Employment Agreement (Alkami Technology, Inc.), Executive Employment Agreement (Alkami Technology, Inc.)
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 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.
Appears in 4 contracts
Samples: Employment Agreement (Ciprico Inc), Employment Agreement (Ciprico Inc), Employment Agreement (Ciprico Inc)
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 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. 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.
Appears in 4 contracts
Samples: Employment Agreement (International Game Technology), Employment Agreement (International Game Technology), Employment Agreement (International Game Technology)
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.
Appears in 4 contracts
Samples: Employment Agreement (NiMin Energy Corp.), Employment Agreement (NiMin Energy Corp.), Employment Agreement (NiMin Energy Corp.)
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.
Appears in 4 contracts
Samples: Employment Agreement (Enzon Pharmaceuticals Inc), Employment Agreement (Enzon Pharmaceuticals Inc), Employment Agreement (Enzon Pharmaceuticals Inc)
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.
Appears in 4 contracts
Samples: Agreement (Hypertension Diagnostics Inc /Mn), Agreement (Hypertension Diagnostics Inc /Mn), Agreement (Hypertension Diagnostics Inc /Mn)
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.
Appears in 3 contracts
Samples: Employment Agreement (MEDecision, Inc.), Employment Agreement (MEDecision, Inc.), Employment Agreement (MEDecision, Inc.)
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.
Appears in 3 contracts
Samples: Executive Employment Agreement (Alpine Immune Sciences, Inc.), Executive Employment Agreement (Alpine Immune Sciences, Inc.), Executive Employment Agreement (Alpine Immune Sciences, Inc.)
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.
Appears in 3 contracts
Samples: Employment Agreement (Kratos Defense & Security Solutions, Inc.), Employment Agreement (Kratos Defense & Security Solutions, Inc.), Employment Agreement (Kratos Defense & Security Solutions, Inc.)
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.
Appears in 3 contracts
Samples: Employment Agreement (Alpha Nutra Inc), Employment Agreement (Alpha Nutra Inc), Employment Agreement (Alpha Nutra Inc)
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.
Appears in 2 contracts
Samples: Employment Agreement (Kratos Defense & Security Solutions, Inc.), Employment Agreement (Kratos Defense & Security Solutions, Inc.)
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.
Appears in 2 contracts
Samples: Employment Agreement (Enzon Pharmaceuticals Inc), Employment Agreement (Enzon Pharmaceuticals Inc)
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.
Appears in 2 contracts
Samples: Founder Executive Employment Agreement (One World Online Com Inc), Founder Executive Employment Agreement (One World Online Com Inc)
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.
Appears in 2 contracts
Samples: Employment Agreement (New Enterprise Stone & Lime Co., Inc.), Employment Agreement (New Enterprise Stone & Lime Co., Inc.)
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, 's fee or other compensation in connection therewith other than the Base Salary salary to be paid to Executive as provided in this Agreement.
Appears in 2 contracts
Samples: Agreement (Hypertension Diagnostics Inc /Mn), Employment Agreement (Hypertension Diagnostics Inc /Mn)
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.
Appears in 2 contracts
Samples: Employment Agreement (Anchor Gaming), Employment Agreement (Acres Gaming Inc)
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.
Appears in 2 contracts
Samples: Employment Agreement (Composite Technology Corp), Employment Agreement (Composite Technology Corp)
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.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Code Hennessy & Simmons Ii Lp), Agreement and Plan of Merger (NDC Automation Inc)
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.
Appears in 2 contracts
Samples: Executive Employment Agreement (Castle Biosciences Inc), Sun Employment Agreement (Vaxcyte, Inc.)
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.
Appears in 2 contracts
Samples: Employment Agreement (Biogold Fuels CORP), Employment Agreement (Biogold Fuels CORP)
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.
Appears in 2 contracts
Samples: Employment Agreement (New Enterprise Stone & Lime Co., Inc.), Employment Agreement (New Enterprise Stone & Lime Co., Inc.)
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.
Appears in 2 contracts
Samples: Employment Agreement (MEDecision, Inc.), Employment Agreement (MEDecision, Inc.)
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.
Appears in 2 contracts
Samples: Employment Agreement (Fortune Oil & Gas Inc), Employment Agreement (Fortune Oil & Gas Inc)
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.
Appears in 1 contract
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.
Appears in 1 contract
Samples: Employment Agreement (International Game Technology)
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.
Appears in 1 contract
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.
Appears in 1 contract
Samples: Employment Agreement (Peoples Educational Holdings)
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.
Appears in 1 contract
Samples: Employment Agreement (Virtual Gaming Technologies Inc)
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.
Appears in 1 contract
Samples: Executive Employment Agreement (Threshold Pharmaceuticals Inc)
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.
Appears in 1 contract
Samples: Employment Agreement (International Game Technology)
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.
Appears in 1 contract
Samples: Employment Agreement (Peoples Educational Holdings)
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.
Appears in 1 contract
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.
Appears in 1 contract
Samples: Employment Agreement (Anchor Gaming)
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, '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. The Executive has disclosed, and the Company hereby approves the continuation of, the Executive's role as a technical, strategic, professional or managerial advisor to the entities and organizations listed on Schedule A to this Agreement.
Appears in 1 contract
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, '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.
Appears in 1 contract
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.
Appears in 1 contract
Samples: Employment Agreement (Summit Medical Systems Inc /Mn/)
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.
Appears in 1 contract
Samples: Executive Employment Agreement (Dynamic Biometric Systems, Inc.)
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.
Appears in 1 contract
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
Appears in 1 contract
Samples: Consulting and Employment Agreement (Viasoft Inc /De/)
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.
Appears in 1 contract