Common use of Work for Third Parties Clause in Contracts

Work for Third Parties. The Employee is not entitled to work for any third party or to engage in any gainful or unpaid employment, whether full-time or part-time, for the duration of the Employment Agreement without the prior written approval of the Company. Membership of the boards of directors of other companies and other institutions that are related to the business purpose of the Company or otherwise affect the interests of the Company or a Group Company also requires the prior consent of the Company. Consent will not be unreasonably withheld if there is no conflict of interest with regard to the Company. ​

Work for Third Parties. The Employee is not entitled to work for any third party or to engage in any gainful or unpaid employment, whether full-time or part-time, for the duration of the Employment Agreement without the prior written approval of the Company. Membership of the boards of directors of other companies and other institutions that are related to the business purpose of the Company or otherwise affect the interests of the Company or a Group Company also requires the prior consent of the Company. Consent will not be unreasonably withheld if there is no conflict of interest with regard to the Company. ​

Work for Third Parties. ​ The Employee is not entitled to work for any third party or to engage in any gainful or unpaid employment, whether full-time or part-time, for the duration of the Employment Agreement without the prior written approval of the Company. The same applies to the holding of public offices as well as any participation in companies of more than 5%. Membership of the boards of directors of other companies and other institutions that are related to the business purpose of the Company or otherwise affect the interests of the Company or a Group Company also requires the prior consent of the Company. Consent will not be unreasonably withheld if there is no conflict of interest with regard to the Company. ​