Common use of Ventures Clause in Contracts

Ventures. If, during the term of his employment the Employee 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 such project, program or venture shall belong to the Company. Except as approved by the Company's Board of Directors, the Employee 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 compensation to be paid to the Employee as provided in this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Bioforce Nanosciences Holdings, Inc.), Employment Agreement (Bioforce Nanosciences Holdings, Inc.), Employment Agreement (Bioforce Nanosciences Holdings, Inc.)

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Ventures. If, during the term of his employment the this Agreement, Employee 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 such 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 Company's Board of Directors, the Employee 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 therewith, other than the compensation to be paid to the Employee as provided in this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (ECO Building Products, Inc.), Employment Agreement (ECO Building Products, Inc.), Employment Agreement (Ecoblu Products, Inc.)

Ventures. If, during the term of his employment the this Agreement, Employee 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 such the project, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to Company, unless otherwise approved in writing by Company’s Board. Except as approved by the Company's Board of Directors, the Employee 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 compensation salary to be paid to the Employee as provided in this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Disaster Preparedness Systems Inc.), Employment Agreement (Disaster Preparedness Systems Inc.), Employment Agreement (Disaster Preparedness Systems Inc.)

Ventures. IfIf Employee, during engagement with the term of his employment the Employee Company, is engaged in or associated with the planning or implementing implementation of any project, program program, or venture involving the Company and a any third party or parties, all rights in such the project, program program, or venture shall belong to the Company. Except as approved by the Company's Board of Directors, the and Employee 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 compensation to be paid to the Employee as provided in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (American Battery Metals Corp)

Ventures. If, during the term of his employment the this Agreement, Employee 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 such the project, program or venture shall belong to the Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved by the Company's Board of Directors, the Employee 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 compensation salary to be paid to the Employee as provided in ln this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Sandbox Entertainment Corp)

Ventures. If, during the term of his employment the Agreement, Employee 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 such 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 Company's Board of Directors, the Employee 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 therewith, other than the compensation to be paid to the Employee as provided in this the Agreement.

Appears in 1 contract

Samples: Ther Employment Agreement (Casita Enterprises, Inc.)

Ventures. If, during the term Term of his employment this Agreement, the Employee is engaged in or associated with the planning or implementing of any project, program or venture involving the Company or its affiliates and a third party or parties, all rights in such project, program or venture shall belong to the Company. Except as approved by the Company's Board of Directors, the The Employee 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 compensation salary to be paid to the Employee as provided in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Driftwood Ventures, Inc.)

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Ventures. If, during the term of his employment the this Agreement, Employee 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 such 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 Company's Board of Directors, the Employee 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 therewith, other than the compensation to be paid to the Employee as provided in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Casita Enterprises, Inc.)

Ventures. If, during the term of his employment Employee's engagement the Employee 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 such project, program or venture shall belong to the Company, unless prior written consent from the Company is obtained. Except as approved by the Company's Board of Directors, the Employee 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 compensation to be paid to the Employee as provided in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Markland Technologies Inc)

Ventures. If, during the term of his employment the this Agreement, Employee 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 such project, program or venture shall belong to the Company. Except as formally approved by the Company's Board of Directors, the Employee 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 compensation to be paid to the Employee as provided in sections 4.01 and 4.02 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Hypertension Diagnostics Inc /Mn)

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