Common use of Executives Covenants Clause in Contracts

Executives Covenants. 11.1 The Executive shall not, without the prior written consent of the Company, be or become directly or indirectly engaged or concerned or interested in any other business, trade, profession or occupation or undertake any work for any other person, firm or company whether paid or unpaid during his employment hereunder. However nothing herein shall prevent the Executive from holding, or otherwise having an interest in, any shares or other securities of any company for investment purposes only, unless that holding is a significant one in a company that is a material competitor of any member of the Unilever Group.

Appears in 6 contracts

Samples: Agreement (Unilever N V), Agreement (Unilever PLC), Agreement (Unilever N V)

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Executives Covenants. 11.1 13.1 The Executive shall not, without the prior written consent of one of the CompanyCompanies, be or become directly or indirectly engaged or concerned or interested in any other business, trade, profession or occupation or undertake any work for any other person, firm or company whether paid or unpaid during his employment hereunderthe continuance of the provision of services pursuant to this Agreement. However nothing herein shall prevent the Executive from holding, or otherwise having an interest in, any shares or other securities of any company for investment purposes only, unless that holding is a significant one in a company that is a material competitor of any member of the Unilever Group.

Appears in 4 contracts

Samples: Service Agreement (Unilever PLC), Agreement (Unilever N V), Service Agreement (Unilever PLC)

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Executives Covenants. 11.1 The Executive shall not, not without the prior written consent of the Company, be or become directly or indirectly engaged or concerned or interested in any other business, trade, profession or occupation or undertake any work for any other person, firm or company whether paid or unpaid during his employment hereunder. However nothing herein shall prevent the Executive from holding, or otherwise having an interest in, any shares or other securities of any company for investment purposes only, unless that holding is a significant one in a company that is a material significant competitor of any member of the Unilever Group.

Appears in 3 contracts

Samples: Agreement (Unilever PLC), Contract of Employment (Unilever PLC), Unilever N V

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