Common use of Business Opportunities and Conflicts of Interests Clause in Contracts

Business Opportunities and Conflicts of Interests. (i) During the Term, Employee shall promptly disclose to Employer each business opportunity of a type which, based upon its prospects and relationship to the existing businesses of Employer, Employer might reasonably consider pursuing. After termination of this Agreement, regardless of the circumstances thereof, Employer shall have the exclusive right to participate in or undertake any such opportunity on its own behalf without any involvement of Employee.

Appears in 12 contracts

Samples: Employment Agreement (Euronet Worldwide Inc), Employment Agreement (Euronet Worldwide Inc), Employment Agreement (Euronet Worldwide Inc)

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Business Opportunities and Conflicts of Interests. (i) During the Term, Employee shall promptly disclose to Employer Company each business opportunity of a type which, based upon its prospects and relationship to the existing businesses of EmployerCompany, Employer Company might reasonably consider pursuing. After termination of this Agreement, regardless of the circumstances thereof, Employer Company shall have the exclusive right to participate in or undertake any such opportunity on its own behalf without any involvement of Employee.

Appears in 9 contracts

Samples: Severance Agreement (Layne Christensen Co), Severance Agreement (Layne Christensen Co), Severance Agreement (Layne Christensen Co)

Business Opportunities and Conflicts of Interests. (i) During the Term, Employee shall promptly disclose to Employer each business opportunity of a type which, based upon its prospects and relationship to the existing businesses of Employer, Employer might reasonably consider pursuing. After termination Termination of this Agreement, regardless of the circumstances thereof, Employer shall have the exclusive right to participate in or undertake any such opportunity on its own behalf without any involvement of Employee.

Appears in 2 contracts

Samples: Employment Agreement (Euronet Worldwide Inc), Employment Agreement (Euronet Worldwide Inc)

Business Opportunities and Conflicts of Interests. (i) During the Termhis employment by Company, Employee shall promptly disclose to Employer Company each business opportunity of a type which, based upon its prospects and relationship to the existing businesses of EmployerCompany, Employer Company might reasonably consider pursuing. After termination of this Agreement, regardless of the circumstances thereof, Employer Company shall have the exclusive right to participate in or undertake any such opportunity on its own behalf without any involvement of Employee.

Appears in 2 contracts

Samples: Severance Agreement (Layne Christensen Co), Change of Control (Layne Christensen Co)

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Business Opportunities and Conflicts of Interests. (i) During the Term, Employee shall promptly disclose to Employer each business opportunity of a type type, which, based upon its prospects and relationship to the existing businesses of Employer, Employer might reasonably consider pursuing. After termination of this Agreement, regardless of the circumstances thereof, Employer shall have the exclusive right to participate in or undertake any such opportunity on its own behalf without any involvement of Employee.

Appears in 1 contract

Samples: Employment Agreement (Euronet Worldwide Inc)

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