Common use of Employee Investments Clause in Contracts

Employee Investments. Anything to the contrary herein notwithstanding, Employee: (1) shall not be prohibited from investing his or her assets in such form or such manner as will not, in the aggregate, detract from the performance by Employee of his or her duties hereunder and will not violate the provisions of Sections 6, 7 or 8 hereof; and (2) shall not be prohibited from purchasing stock in any publicly traded company solely as a stockholder so long as Employee does not own (together or separately or through his or her affiliates) more than two percent (2%) of the stock in any company, other than Silverleaf, which is engaged in the timeshare business.

Appears in 9 contracts

Samples: Employment Agreement (Silverleaf Resorts Inc), Employment Agreement (Silverleaf Resorts Inc), Employment Agreement (Silverleaf Resorts Inc)

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Employee Investments. Anything to the contrary herein notwithstanding, Employee: (1) shall not be prohibited from investing his or her assets in such form or such manner as will not, in the aggregate, detract from the performance by Employee of his or her duties hereunder and will not violate the provisions of Sections 6, 7 5 or 8 6 hereof; and (2) shall not be prohibited from purchasing stock in any publicly traded company solely as a stockholder so long as Employee does not own (together or separately or through his or her affiliates) more than two percent (2%) of the stock in any company, other than Silverleaf, which is engaged in the timeshare business.

Appears in 3 contracts

Samples: Employment Agreement (Silverleaf Resorts Inc), Employment Agreement (Silverleaf Resorts Inc), Employment Agreement (Silverleaf Resorts Inc)

Employee Investments. Anything to the contrary herein notwithstanding, Employee: (1) shall not be prohibited from investing his or her assets in such form or such manner as will not, in the aggregate, detract from the performance by Employee of his or her duties hereunder and will not violate the provisions of Sections 64, 7 5 or 8 6 hereof; and (2) shall not be prohibited from purchasing stock in any publicly traded company solely as a stockholder so long as Employee does not own (together or separately or through his or her affiliates) more than two percent (2%) of the stock in any company, other than Silverleaf, which is engaged in the timeshare business.

Appears in 3 contracts

Samples: Employment Agreement (Silverleaf Resorts Inc), Employment Agreement (Silverleaf Resorts Inc), Employment Agreement (Silverleaf Resorts Inc)

Employee Investments. Anything to the contrary herein notwithstanding, Employee: (1) shall not be prohibited from investing his or her assets in such form or such manner as will not, in the aggregate, detract from the performance by Employee of his or her duties hereunder and will not violate the provisions of Sections 65, 6 or 7 or 8 hereof; and (2) shall not be prohibited from purchasing stock in any publicly traded company solely as a stockholder so long as Employee does not own (together or separately or through his or her affiliates) more than two percent (2%) of the stock in any company, other than Silverleaf, which is engaged in the timeshare business.

Appears in 2 contracts

Samples: Employment Agreement (Silverleaf Resorts Inc), Employment Agreement (Silverleaf Resorts Inc)

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Employee Investments. Anything to the contrary herein notwithstanding, Employee: (1) shall not be prohibited from investing his or her assets in such form or such manner as will not, in the aggregate, detract from the performance by Employee of his or her duties hereunder and will not violate the provisions of Sections 6, 7 4 or 8 5 hereof; and (2) shall not be prohibited from purchasing stock in any publicly traded company solely as a stockholder so long as Employee does not own (together or separately or through his or her affiliates) more than two percent (2%) of the stock in any company, other than Silverleaf, which is engaged in the timeshare business.

Appears in 1 contract

Samples: Employment Agreement (Silverleaf Resorts Inc)

Employee Investments. Anything to the contrary herein notwithstanding, Employee: (1) shall not be prohibited from investing his or her assets in such form or such manner as will not, in the aggregate, detract from the performance by Employee of his or her duties hereunder and will not violate the provisions of Sections 6, 6 and 7 or 8 hereof; and (2) shall not be prohibited from purchasing stock in any publicly traded company solely as a stockholder so long as Employee does not own (together or separately or through his or her affiliates) more than two percent (2%) of the stock in any company, other than Silverleaf, which is engaged in the timeshare business.

Appears in 1 contract

Samples: Employment Agreement (Silverleaf Resorts Inc)

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