Common use of Financial or Other Interest Clause in Contracts

Financial or Other Interest. The Company shall be entitled to all benefits and profits arising from or incident to any and all work, services and advice of Employee while employed by the Company. The Employee agrees that while employed by the Company the Employee will not have a direct or indirect financial or other interest in a privately-owned Organization, or a direct or indirect substantial financial or other interest in a Publicly-Owned Organization, either of which is a current or potential supplier of goods or services, a customer or client, or competitor of the Company and/or any of its Affiliates, unless the circumstances are fully disclosed in writing to a director of the Company and written approval is obtained from such director. A "substantial" interest in a Publicly-Owned Organization means an ownership interest having a market value of $100,000 or more, or a one percent or greater ownership interest in such Organization, whichever is less.

Financial or Other Interest. The Company shall be entitled to all benefits and profits arising from or incident to any and all work, services and advice of Employee while employed by the Company. The Employee agrees that that, while employed by the Company the Company, Employee will not have a direct or indirect financial or other interest in a privately-owned Organizationorganization, or a direct or indirect substantial financial or other interest in a Publiclypublicly-Owned Organizationowned organization, either of which is a current or potential supplier of goods or services, a customer or client, or a competitor of the Company and/or any of its Affiliatesaffiliates, unless the circumstances are fully disclosed in writing to a director of the Company and written approval is obtained from such director. A "“substantial" ” interest in a Publiclypublicly-Owned Organization owned organization means an ownership interest having a market value of $100,000 or more, or a one percent or greater ownership interest in such Organizationorganization, whichever is less.

Financial or Other Interest. The Company shall be entitled to all benefits and profits arising from or incident to any and all work, services and advice of provided by Employee to Company while employed by the Company. The Employee agrees that while employed by the Company the Employee will not have a direct or indirect financial or other interest in a privately-owned Organization, or a direct or indirect substantial financial or other interest in a Publicly-Owned Organization, either of which is a current or potential supplier of goods or services, a customer or client, or a competitor of the Company and/or any of its AffiliatesCompany, unless the circumstances are fully disclosed in writing to a director the President of the Company and written approval is obtained from such directorofficer. A "substantial" interest in a Publicly-Owned Organization means an ownership interest having a market value of $100,000 100,000.00 or more, or a one percent or greater ownership interest in such Organizationorganization, whichever is less.

Financial or Other Interest. The Company shall be entitled to all benefits and profits arising from or incident to any and all work, services and advice of Employee while employed by the Company. The Employee agrees that that, while employed by the Company the Company, Employee will not have a direct or indirect financial or other interest in a privately-owned Organizationorganization, or a direct or indirect substantial financial or other interest in a Publiclypublicly-Owned Organizationowned organization, either of which is a current or potential supplier of goods or services, a customer or client, or a competitor of the Company and/or any of its Affiliatesaffiliates, unless the circumstances are fully disclosed in writing to a director of the Company and written approval is obtained from such director. A "substantial" interest in a Publiclypublicly-Owned Organization owned organization means an ownership interest having a market value of $100,000 or more, or a one percent or greater ownership interest in such Organizationorganization, whichever is less.