New Activity Sample Clauses
The "New Activity" clause defines the process and conditions under which additional work or activities, not originally specified in the contract, may be introduced during the course of the agreement. Typically, this clause outlines how either party can propose new tasks, the approval process required, and any adjustments to timelines or compensation that may result from the inclusion of such activities. Its core practical function is to provide a structured mechanism for adapting the contract to evolving needs, ensuring that both parties have clarity and agreement when expanding the scope of work.
New Activity. If, during the Garden Leave Period, the Executive receives any kind of earnings for any kind of personal services activity, including without limitation out of employment by or independently rendered services or advice to a business, or service as a director, officer, partner, agent, or representative for a business, excluding, for the avoidance of doubt, any earnings out of any activities preceding the Effective Date and any other disclosed activities that are approved by the CEO during the Employment Term pursuant to Section 1(d)(i) prior to the date of the Notice (except that this exclusion shall only apply if the Company obtains legal advice that such earnings may be excluded under Swiss law) (the activities subject to this Section 5(a)(ii) collectively referred to as “New Activity” and the earnings received by the Executive from any such New Activity, the “Earnings”), the Executive acknowledges and accepts that the Company’s obligation to pay the Notice Period Payments shall be reduced by the Company in an amount equal to the Earnings. If the Company has already paid any Notice Period Payments required to be reduced pursuant to the terms hereof, the Executive agrees to repay to the Company the applicable amount up to an amount equal to the Earnings promptly following the Company’s request. The Executive must promptly inform the Company in writing of any Earnings received or expected to be received from any New Activity. For the avoidance of doubt, the foregoing shall not be construed to affect the restrictions on the Executive’s outside activities under Section 1(d)(i) or the disclosure and approval process under that section, nor does it affect the restrictions related to the activities involving Competing Businesses under Section 1(d)(ii) during the Employment Term, including the Qualifying Termination Notice Period.
New Activity. Development
New Activity. A growing emphasis of the competitive fund, mentioned above, is the development of curriculum related materials which can be used in outreach work, either within the classroom or during taster events on campus. These require academic expertise as well as curriculum and teaching knowledge. The current finance available for this fund is limited and will be enhanced with income from variable fees to raise the profile of this activity across the University. Money will be targeted at purchasing additional expertise / time and the production of material. The availability of this ‘off-the-shelf’ material should facilitate a greater number of academic staff becoming involved in related outreach activity.