Common use of Corporate Opportunity Clause in Contracts

Corporate Opportunity. During the Employment Period and except as otherwise expressly provided for in this Agreement, Employee shall submit to the Company all business, commercial and investment opportunities or offers presented to Employee or of which Employee becomes aware which relate to the areas of business engaged in by the Company Group (“Corporate Opportunities”). Unless approved by the Company, Employee shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Employee’s own behalf.

Appears in 11 contracts

Samples: Restrictive Covenants Agreement (BRP Group, Inc.), Employment Agreement (BRP Group, Inc.), Restrictive Covenants Agreement (BRP Group, Inc.)

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Corporate Opportunity. During Employee’s employment with the Employment Period and except as otherwise expressly provided for in this AgreementCompany, Employee shall submit to the Company Board all business, commercial and investment opportunities or offers presented to Employee or of which Employee becomes aware which relate to the areas business of business engaged in by the Company Group Business at any time during Employee’s employment with the Company (“Corporate Opportunities”). Unless approved by If the CompanyCompany elects not to pursue a submitted Corporate Opportunity, Employee shall not have the right to accept or pursue, directly or indirectly, any pursue such Corporate Opportunities on Employee’s own behalfOpportunity.

Appears in 7 contracts

Samples: Asset Purchase Agreement (General Cannabis Corp), Employment Agreement (General Cannabis Corp), Employment Agreement (General Cannabis Corp)

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