Common use of Conflicting Activities Clause in Contracts

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company.

Appears in 4 contracts

Samples: Employment Agreement (She Beverage Company, Inc.), Employment Agreement (She Beverage Company, Inc.), Employment Agreement (Epoxy, Inc.)

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Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, investments in business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Companypermitted by Section 4.5.(2).

Appears in 4 contracts

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

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other outside business activity substantially similar to that of the Company’s primary business without the prior written consent of the CEO with the exception of paid Board of Directors of membership with non-competing companies, as approved by the CompanyCEO; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Companypublicly traded stocks and bonds and similar passive assets.

Appears in 4 contracts

Samples: Employment Agreement (Equity Bancshares Inc), Employment Agreement (Equity Bancshares Inc), Employment Agreement (Equity Bancshares Inc)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s 's primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company.

Appears in 3 contracts

Samples: Employment Agreement (She Beverage Company, Inc.), Employment Agreement (Solo International, Inc), Supernova Energy, Inc.

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior written consent of the Board of Directors of the CompanyBoard; provided, however, that this restriction shall not be construed as preventing Executive from investing his Executive's personal assets and time in any investments, including but not limited to, business entities which publicly listed companies that are not in competition with the Company or its affiliates, or from pursuing business opportunities which do provided that Executive shall not unreasonably impede his performance as executive for own more than five percent (5%) of the Companyoutstanding securities of any such publicly listed companies.

Appears in 3 contracts

Samples: Executive Employment Agreement (Asia Green Agriculture Corp), Executive Employment Agreement (SMSA Palestine Acquistion Corp.), Executive Employment Agreement (SMSA Palestine Acquistion Corp.)

Conflicting Activities. (1a) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, passive investments in business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Companypermitted by paragraph 4.3(b).

Appears in 2 contracts

Samples: Employment Agreement (GDC Group Inc), Employment Agreement (GDC Group Inc)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior written consent of the Board of Directors of the CompanyBoard; provided, however, that this restriction shall not be construed as preventing Executive from investing his Executive's personal assets and time in any investments, including but not limited to, business entities which that are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Lenco Mobile Inc.), Executive Employment Agreement (Lenco Mobile Inc.)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his her personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his her performance as executive for the Company.

Appears in 2 contracts

Samples: Employment Agreement (She Beverage Company, Inc.), Employment Agreement (She Beverage Company, Inc.)

Conflicting Activities. (1) The Executive shall will not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior written consent of the Board of Directors of the Company; providedBoard, provided however, that this restriction shall will not be construed as preventing the Executive from investing his personal assets in any investments, including but not limited to, purely passive investments in business entities which are not in competition with the Company Company, its subsidiaries or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company.

Appears in 2 contracts

Samples: Employment Agreement (Cd Warehouse Inc), Employment Agreement (Cd Warehouse Inc)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other outside business activity substantially similar to that of the Company’s primary business without the prior written consent of the Board with the exception of Directors of paid Board membership with non-competing companies, as approved by the CompanyBoard; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Companypublicly traded stocks and bonds and similar passive assets.

Appears in 2 contracts

Samples: Employment Agreement (Equity Bancshares Inc), Employment Agreement (Equity Bancshares Inc)

Conflicting Activities. (1a) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Company's Managers (or Board of Directors of the CompanyDirectors, as applicable); provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, passive investments in business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Companypermitted by paragraph 4.3(b).

Appears in 1 contract

Samples: Employment Agreement (GDC Group Inc)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, passive investments in business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company.

Appears in 1 contract

Samples: Employment Agreement (Boystoys Com Inc)

Conflicting Activities. (1) The Executive shall will not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior written consent of the Board of Directors of the Company; providedBoard, provided however, that this restriction shall will not be construed as preventing the Executive from fulfilling his ongoing military obligations or investing his personal assets in any investments, including but not limited to, purely passive investments in business entities which are not in competition with the Company Company, its subsidiaries or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company.

Appears in 1 contract

Samples: Employment Agreement (Cd Warehouse Inc)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, passive investments in business entities which are not in competition with the Company or its affiliatesCompany, or from pursuing business opportunities which do not unreasonably impede in violation of his performance as executive for fiduciary duties to the Company.

Appears in 1 contract

Samples: Employment Agreement (Nascent Wine Company, Inc.)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other outside business activity substantially similar to that of the Company’s primary business without the prior written consent of the CEO with the exception of paid Board of Directors of membership with non-competing companies, as approved by the CompanyCEO; provided, however, that this restriction shall not be construed as preventing Executive from investing his her personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Companypublicly traded stocks and bonds and similar passive assets.

Appears in 1 contract

Samples: Employment Agreement (Equity Bancshares Inc)

Conflicting Activities. (1) Executive shall not, during the term of this AgreementEmployment Period, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior written consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, passive investments in business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Companymay be permitted by paragraphs 4.2, 4.3(2) and 4.3(3).

Appears in 1 contract

Samples: Employment Agreement (Bizcom Usa Inc)

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Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, passive investments in business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company.

Appears in 1 contract

Samples: Employment Agreement (Travelnowcom Inc)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, passive investments in business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede in violation of his performance as executive for fiduciary duties to the Company.

Appears in 1 contract

Samples: Employment Agreement (Nascent Wine Company, Inc.)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s 's primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited toto real estate, in business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company.

Appears in 1 contract

Samples: Employment Agreement (Onecap)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other outside business activity substantially similar to that of the Company’s primary business without the prior written consent of the Supervisor with the exception of paid Board of Directors of membership with non-competing companies or transition counsel services work for Executive’s law firm, as approved by the CompanySupervisor; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Companypublicly traded stocks and bonds and similar passive assets.

Appears in 1 contract

Samples: Employment Agreement (Equity Bancshares Inc)

Conflicting Activities. (1) A. Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, passive investments in business entities which are not in competition with the Company or its affiliates, or from pursuing . B. Executive hereby agrees to promote and develop all business opportunities which do not unreasonably impede that come to his performance as executive for attention relating to the then current business of the Company, in a manner consistent with the best interests of the Company and with his duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Nova Pharmaceutical Inc)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other outside business activity substantially similar to that of the Company’s primary business without the prior written consent of the Supervisor with the exception of paid Board of Directors of membership with non-competing companies, as approved by the CompanySupervisor; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Companypublicly traded stocks and bonds and similar passive assets.

Appears in 1 contract

Samples: Employment Agreement (Equity Bancshares Inc)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s 's primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, in business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company.

Appears in 1 contract

Samples: Engagement Agreement (Nevada Processing Solutions)

Conflicting Activities. (1) a. Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, passive investments in business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company.

Appears in 1 contract

Samples: Employment Agreement (Cypress Financial Services Inc)

Conflicting Activities. (1) Executive shall not, during the term of this Agreement, Agreement be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; , provided, however, however that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, passive investments in business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Companypermitted.

Appears in 1 contract

Samples: Executive Employment Agreement (National Institute Companies of America Inc)

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