Common use of Corporate Opportunity Doctrine Clause in Contracts

Corporate Opportunity Doctrine. As an employee of the Company, Employee hereby acknowledges and agrees that the “corporate opportunity” doctrine applies to Employee with respect to his fiduciary duties to the Company. As a result, Exxxxxxx agrees to provide the Company with a right to review and accept various business opportunities that may be complimentary to the Company’s business operations. Any business opportunity that is rejected by the Company in writing will then be excluded from the restrictions otherwise applicable to Employee under this Section 5.2.

Appears in 8 contracts

Samples: Employment Agreement (Humbl, Inc.), Employment Agreement (Humbl, Inc.), Employment Agreement (Humbl, Inc.)

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Corporate Opportunity Doctrine. As an employee of the Company, Employee hereby acknowledges and agrees that the “corporate opportunity” doctrine applies to Employee with respect to his fiduciary duties to the Company. As a result, Exxxxxxx Employee agrees to provide the Company with a right to review and accept various business opportunities that may be complimentary to the Company’s business operations. Any business opportunity that is rejected by the Company in writing will then be excluded from the restrictions otherwise applicable to Employee under this Section 5.2.

Appears in 6 contracts

Samples: Employment Agreement (Humbl, Inc.), Employment Agreement (Humbl, Inc.), Employment Agreement (Humbl, Inc.)

Corporate Opportunity Doctrine. As an employee of the Company, Employee hereby acknowledges and agrees that the “corporate opportunity” doctrine applies to Employee with respect to his her fiduciary duties to the Company. As a result, Exxxxxxx agrees to provide the Company with a right to review and accept various business opportunities that may be complimentary to the Company’s business operations. Any business opportunity that is rejected by the Company in writing will then be excluded from the restrictions otherwise applicable to Employee under this Section 5.2.

Appears in 3 contracts

Samples: Employment Agreement (Humbl, Inc.), Employment Agreement (Humbl, Inc.), Employment Agreement (Humbl, Inc.)

Corporate Opportunity Doctrine. As an employee of the Company, Employee hereby acknowledges and agrees that the “corporate opportunity” doctrine applies to Employee with respect to his her fiduciary duties to the Company. As a result, Exxxxxxx Employee agrees to provide the Company with a right to review and accept various business opportunities that may be complimentary to the Company’s business operations. Any business opportunity that is rejected by the Company in writing will then be excluded from the restrictions otherwise applicable to Employee under this Section 5.2.

Appears in 3 contracts

Samples: Employment Agreement (Humbl, Inc.), Employment Agreement (Humbl, Inc.), Employment Agreement (Humbl, Inc.)

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Corporate Opportunity Doctrine. As an employee of the Company, Employee hereby acknowledges and agrees that the “corporate opportunity” doctrine applies to Employee with respect to his fiduciary duties to the Company. As a result, Exxxxxxx Employee agrees to provide the Company with a right to review and accept various business opportunities that may be complimentary to the Company’s business operations, except as set forth in Section 3.3. Any business opportunity that is rejected by the Company in writing will then be excluded from the restrictions otherwise applicable to Employee under this Section 5.2.

Appears in 2 contracts

Samples: Employment Agreement (Humbl, Inc.), Employment Agreement (Humbl, Inc.)

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