Example ContractsClausesAgreement Does Not Prohibit Competition or Other Participant Activities
Agreement Does Not Prohibit Competition or Other Participant Activities
Agreement Does Not Prohibit Competition or Other Participant Activities contract clause examples

Nothing in this Agreement shall prevent the Contractor from being engaged, concerned or having any financial interest in any Capacity in any other business, trade, profession or occupation during the appointment provided that:

Agreement Does Not Prohibit Competition or Other Participant Activities. Although the conditions set forth in this Section 10 shall be deemed to be incorporated into an Award, a Participant is not thereby prohibited from engaging in any activity set forth in [Section 10(b)(i)], including but not limited to competition with the Company and its subsidiaries and affiliates. The non-occurrence of the Forfeiture Events set forth in [Section 10(b)] is a condition to the Participant’s right to realize and retain value from his or her compensatory Options and Awards, and the consequence under the Plan if the Participant engages in an activity giving rise to any such Forfeiture Event are the forfeitures specified herein. The Company and a Participant shall not be precluded by this provision or otherwise from entering into other agreements concerning the subject matter of Section 10(a) and [Section 10(b)].

Other Activities. Subject to the foregoing prohibition and provided such services or investments do not violate any applicable law, regulation or order, or interfere in any way with the faithful and diligent performance by Executive of the services to the Company otherwise required or contemplated by this Agreement, the Company expressly acknowledges that Executive may:

Other Activities. During his employment with the Company, Employee shall # devote substantially all of Employee’s business time and energy to the performance of Employee’s duties for the Company (other than Employee’s service on such boards of directors approved in advance by the Company’s Board of Directors (the “Board”), which approval will not be unreasonably withheld) and # hold no other employment.

OTHER ACTIVITIES. During the Employment Term, the Employee shall devote all of the Employee’s business time, energy, business judgment, knowledge and skill and the Employee’s best efforts to the performance of the Employee’s duties with the Company, provided that the foregoing shall not prevent the Employee from # with prior written notice to the [[Organization A:Organization]] of the Company (the “Board”), serving on the boards of directors of non-profit organizations and, with the prior written approval of the Board, other for-profit companies, # participating in charitable, civic, educational, professional, community or industry affairs, and # managing the Employee’s personal investments and affairs so long as such activities, either individually or in the aggregate, do not interfere or conflict with the Employee’s duties hereunder or create a potential business or fiduciary conflict.

Other Activities. During the Term, Executive may serve on civic, charitable or other not-for-profit boards or committees, manage personal investments and, subject to the prior written approval of the Direct Supervisor, serve on boards of for-profit entities, in each case so long as such activities do not create a conflict of interest with any member of the [[Bank:Organization]] Group, interfere with the performance of Executive’s duties responsibilities hereunder, or violate any provision of this Agreement (including, without limitation, Section 4).

Other Activities. During the Scheduled Term, you may # serve on corporate, civic or charitable boards or committees, # manage personal investments, and # serve as an employee for other companies where you are currently an employee, so long as these activities, whether individually or in the aggregate, do not materially interfere or conflict with your performance of your responsibilities under this Agreement and do not violate Section 7 or 8 hereof or the Employee’s Agreement (as defined below). Should such activities as described in this Section 3(d) appear to materially interfere or conflict with your performance, the Company shall promptly notify you in writing so that you may address any such interference or conflict.

Other Activities. During your employment, you will not render any business, commercial or professional services to any party other than the Company. However, you may # serve on corporate, civic or charitable boards, # manage personal investments, and # deliver lectures, fulfill speaking engagements and teach at educational institutions, so long as # these activities do not interfere with your performance of your responsibilities under this Agreement, # any service on a corporate, civic or charitable board is disclosed to the Board contemporaneously upon commencement and then at least annually to the Board and # no such services are provided to any competitor of the Company.

Effective upon the S-175 Delivery Date (defined below), the size of the premises shall be decreased to a new total of approximately 4,636 square feet with the relinquishment of a portion of 142-B North Road shown as the hatched area on the mutually agreed upon plan attached hereto (the " Relinquishment Area") and the addition of 142-F North Road, Suite 175. The premises shall then consist of approximately 2,558 square feet (including 4.7% common area) at 142- B, and approximately 2,078 square feet (including 12% common area) at Suite 175. Notwithstanding anything to the contrary in this section, LESSEE may continue to occupy the Relinquishment Area until 1 2:00 PM on the tenth day following the S- 1 75 Delivery Date without any obligation to pay additional rent beyond that set forth in Sections 2 and 3 of Lease Extension #1, on account of LESSEE's concurrent occupancy of the Relinquishment Area, 142-8 , and Suite 175. Any occupancy of the Relinquishment Area beyond 12 : 00 PM on the tenth day following tbc S-175 Delivery Date, or any earlier date upon which LESSOR's Work (defined below) would have been substantially completed but for any LESSEE delays(s) (defined below), shall be governed by Section 22 of the lease. The date upon which LESSEE fully vacates the Relinquishment Area as provided herein shall be known as the "RA Vacate Date." LESSEE shall, upon vacating, be responsible for all damage to the Relinquishment Area in accordance with the lease, and shall promptly pay all just invoice(s) therefor. Time is of the essence.

Agreement Does Not Prohibit Competition or Other Participant Activities. Although the conditions set forth in this Section 10 shall be deemed to be incorporated into an Award, a Participant is not thereby prohibited from engaging in any activity set forth in [Section 10(b)(i)], including but not limited to competition with the Company and its subsidiaries and affiliates. The non-occurrence of the Forfeiture Events set forth in [Section 10(b)] is a condition to the Participant’s right to realize and retain value from his or her compensatory Options and Awards, and the consequence under the Plan if the Participant engages in an activity giving rise to any such Forfeiture Event are the forfeitures specified herein. The Company and a Participant shall not be precluded by this provision or otherwise from entering into other agreements concerning the subject matter of Section 10(a) and [Section 10(b)].

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