Competing Interest Sample Clauses
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Competing Interest. During the Employment Period, the Executive shall not, without the prior written consent of the Company, (i) engage in any other business activity for gain, profit, or other pecuniary advantage or (ii) engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, executive, creditor, or otherwise, with the operation, management, or conduct of any business, in either case which directly or indirectly competes with the Company Business. Provided, however, that this Section 22 shall not prohibit the Executive from owning up to five (5) percent of the publicly traded shares of any entity.
Competing Interest. Each Partner is entitled, without the consent of the other Partners, to engage in or possess an interest in other business ventures of every nature and description, independently or with others, including but not limited to any business of the same nature as, and in competition with, that of the Partnership, and is not liable to account to the other Partners therefor.
Competing Interest. During the Employment Period, the Executive shall not, without the prior written consent of the Company, engage in any other business activity that competes with or is of a nature similar to that of the Company for gain, profit or other pecuniary advantage or engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, executive, consultant, creditor or otherwise, with the operation, management or conduct of any business that competes with or is of a nature similar to that of the Company; provided, however, that this SECTION 15 shall not prohibit the Executive from owning up to one percent (1%) of the publicly traded shares of any entity.