Common use of Failure to Notify Clause in Contracts

Failure to Notify. In the event that Gilo fails to notify the Corporation of, or so appropriates, any such opportunity without the express written consent of the Board of Directors, Gilo shall be deemed to have violated the provisions of this Section notwithstanding the following:

Appears in 3 contracts

Samples: Employment Agreement (DSP Communications Inc), Employment Agreement (DSP Communications Inc), Employment Agreement (DSP Communications Inc)

AutoNDA by SimpleDocs

Failure to Notify. In the event that Gilo fails to notify the Corporation of, or so appropriates, any such opportunity without the express written consent of the Board of DirectorsCorporation, Gilo shall be deemed to have violated the provisions of this Section notwithstanding the following:

Appears in 3 contracts

Samples: Employment Agreement (Vyyo Inc), Employment Agreement (Vyyo Inc), Employment Agreement (Vyyo Inc)

AutoNDA by SimpleDocs

Failure to Notify. In the event that Gilo fails to notify the Corporation of, or so appropriates, any such opportunity without the express written consent of the Board of DirectorsCorporation, Gilo shall be deemed to have violated the provisions of this Section notwithstanding the following:: i. The capacity in which Gilo shall have acquired such opportunity; or ii. The probable success in the Corporation's hands of such opportunity.

Appears in 1 contract

Samples: Employment Agreement (Vyyo Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.