Common use of Certain Activities Clause in Contracts

Certain Activities. During the Term, the Executive shall not (a) give or agree to give, any gift or similar benefit of more than nominal value to any customer, supplier, or governmental employee or official or any other person who is or may be in a position to assist or hinder the Company in connection with any proposed transaction, which gift or similar benefit, if not given or continued in the future, might reasonably be expected to adversely affect the business or prospects of the Company, without notice and consent of the Company, (b) knowingly use any corporate or other funds for unlawful contributions, payments, gifts or entertainment, (c) knowingly make any unlawful expenditures relating to political activity to government officials or others, (d) establish or maintain any unlawful or unrecorded funds in violation of Section 30A of the Securities Exchange Act of 1934, as amended, and (e) knowingly accept or receive any unlawful contributions, payments, gifts, or expenditures.

Appears in 7 contracts

Samples: Employment Agreement (Aspirational Consumer Lifestyle Corp.), Employment Agreement (Aspirational Consumer Lifestyle Corp.), Employment Agreement (Wheels Up Experience Inc.)

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Certain Activities. During the Term, the Executive shall not knowingly (ai) without the prior approval of the Board give or agree to give, any gift or similar benefit of more than nominal value to any customer, supplier, or governmental employee or official or any other person who is or may be in a position to assist or hinder the Company or its Affiliates in connection with any proposed transaction, which gift or similar benefit, if not given or continued in the future, might reasonably be expected to adversely affect the business or prospects of the Company, without notice and consent of the CompanyCompany or its Affiliates, (bii) knowingly use any corporate or other funds for unlawful contributions, payments, gifts or entertainment, (ciii) knowingly make any unlawful expenditures relating to political activity to government officials or others, (div) establish or maintain any unlawful or unrecorded funds in violation of Section 30A of the Securities Exchange Act of 1934, as amended, and (ev) knowingly accept or receive any unlawful contributions, payments, gifts, or expenditures.

Appears in 3 contracts

Samples: Employment Agreement (Mattress Firm Holding Corp.), Employment Agreement (Mattress Firm Holding Corp.), Employment Agreement (Mattress Firm Holding Corp.)

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