Common use of Ventures Clause in Contracts

Ventures. If, during the term of his employment, Employee is engaged in or associated with the researching, investigating, planning or implementing of any project, program or venture on behalf of or involving Company, all rights in the project, program or venture shall belong exclusively to Company and shall constitute a corporate opportunity belonging exclusively to Company. Except as approved in writing by the Company, 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 herewith.

Appears in 4 contracts

Samples: Employment Agreement (Onesource Technologies Inc), Employment Agreement (Onesource Technologies Inc), Employment Agreement (Onesource Technologies Inc)

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Ventures. If, during the term of his employment, employment the Employee is engaged in or associated with the researching, investigating, planning or implementing of any project, program or venture on behalf of involving the Company and a third party or involving Companyparties, all rights in the such project, program or venture shall belong exclusively to Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as 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 herewiththerewith 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.)

Ventures. If, during Employee’s employment with the term of his employmentCompany, Employee is engaged in or associated with provides input into the researching, investigating, planning or implementing of any project, program or venture on behalf of or involving the Company, all rights in the such project, program or venture shall belong exclusively to Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the CompanyBoard, Employee shall will not be entitled to any interest in any such project, program or venture or to any commission, finder’s fee or other compensation in connection herewiththerewith. Employee will have no interest, direct or indirect, in any customer or supplier that conducts business with the Company.

Appears in 2 contracts

Samples: Employment Agreement (Advanced BioEnergy, LLC), Employment Agreement (Advanced BioEnergy, LLC)

Ventures. If, during Employee’s employment with the term of his employmentCompany, Employee is engaged in or associated with provides input into the researching, investigating, planning or implementing of any project, program or venture on behalf of or involving the Company, all rights in the such project, program or venture shall belong exclusively to Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as approved in writing by the CompanyBoard, Employee shall will not be entitled to any interest in any such project, program or venture or to any commission, finder’s fee or other compensation in connection herewiththerewith. Employee may have no interest, direct or indirect, in any customer or supplier that conducts business with the Company.

Appears in 1 contract

Samples: Employment Agreement (Advanced BioEnergy, LLC)

Ventures. If, during the term of his employment, Employee is engaged in or associated with the researching, investigating, planning or implementing of any project, program or venture on behalf of or involving Company, all rights in the project, program or venture shall belong exclusively to Company and shall constitute a corporate opportunity belonging exclusively to Company. Except as approved in writing by the Company, 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 herewith.

Appears in 1 contract

Samples: Employment Agreement (Onesource Technologies Inc)

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Ventures. If, If during the term of his employment, Employment Period Employee is engaged in or associated with the researching, investigating, planning or implementing of any project, program or venture on behalf of involving the Company and a third party or involving Companyparties, all rights in the such project, program or venture shall belong exclusively to Company and shall constitute a corporate opportunity belonging exclusively to the Company. Except as formally approved in writing by the CompanyBoard, 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 remuneration in connection herewiththerewith other than the compensation to be paid to Employee as provided in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (TransCore Atlantic, Inc.)

Ventures. 4.1 If, during the term of his employment, Employee is engaged in or associated with the researchingresearch, investigatinginvestigation, planning or implementing implementation of any project, program or venture on behalf of or involving CompanyEmployer, all rights in the project, program or venture shall belong exclusively to Company Employer and shall constitute a corporate an opportunity belonging exclusively to CompanyEmployer. Except as approved in advance and in writing by the CompanyEmployer, 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 herewiththerewith.

Appears in 1 contract

Samples: Employment Agreement (First Solar, Inc.)

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