Common use of No Adverse Interests Clause in Contracts

No Adverse Interests. Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 120 contracts

Samples: Employment Agreement (Tracon Pharmaceuticals, Inc.), Employment Agreement (Tracon Pharmaceuticals, Inc.), Executive Employment Agreement (Prelude Therapeutics Inc)

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No Adverse Interests. Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise, except as a passive investor in mutual or exchange traded funds.

Appears in 19 contracts

Samples: Executive Employment Agreement (Procera Networks Inc), Employment Agreement (Procera Networks Inc), Executive Employment Agreement (Procera Networks Inc)

No Adverse Interests. Except as permitted by Section 4.3, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 17 contracts

Samples: Executive Employment Agreement (Affymax Inc), Executive Employment Agreement (Affymax Inc), Executive Employment Agreement (Affymax Inc)

No Adverse Interests. Except as permitted by Section 4.3, the Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise, or engage in any business that creates a conflict of interest with his duties of loyalty to the Company.

Appears in 9 contracts

Samples: Executive Employment Agreement (Micromet, Inc.), Executive Employment Agreement (Micromet, Inc.), Executive Employment Agreement (Micromet, Inc.)

No Adverse Interests. Except as permitted by Section 5.3, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 6 contracts

Samples: Executive Employment Agreement (Micromet, Inc.), Executive Employment Agreement (Micromet, Inc.), Executive Employment Agreement (Micromet, Inc.)

No Adverse Interests. Except as permitted by Section 4.3, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise, or engage in any business that creates a conflict of interest with his duties of loyalty to the Company.

Appears in 6 contracts

Samples: Employment Agreement (Gain Therapeutics, Inc.), Employment Agreement (Micromet, Inc.), Executive Employment Agreement (Micromet, Inc.)

No Adverse Interests. Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise. This does not prohibit the Executive from purchasing any publicly listed securities or funds which hold publicly listed securities.

Appears in 5 contracts

Samples: Employment Agreement (Lexeo Therapeutics, Inc.), Employment Agreement (Lexeo Therapeutics, Inc.), Employment Agreement (Lexeo Therapeutics, Inc.)

No Adverse Interests. Except as permitted by Section 4.3, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by her to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 4 contracts

Samples: Executive Employment Agreement (Affymax Inc), Employment Agreement (Affymax Inc), Employment Agreement (Affymax Inc)

No Adverse Interests. During Executive’s employment, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by Executive to be adverse or antagonistic to the Company’s interests, its business or prospects, financial or otherwise, except as permitted by Section 7(c).

Appears in 4 contracts

Samples: Executive Employment Agreement (Vaxgen Inc), Indemnity Agreement (Vaxgen Inc), Indemnity Agreement (Vaxgen Inc)

No Adverse Interests. Executive agrees not to intentionally or knowingly acquire, assume or participate in, directly or indirectly, any position, investment or interest known by Executive to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 3 contracts

Samples: Employment Agreement (Sientra, Inc.), Employment Agreement (Sientra, Inc.), Employment Agreement (Sientra, Inc.)

No Adverse Interests. Executive agrees during the term of Executive’s employment with the Company not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 2 contracts

Samples: Employment Agreement (DigitalOcean Holdings, Inc.), Employment Agreement (DigitalOcean Holdings, Inc.)

No Adverse Interests. Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known to be materially adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 2 contracts

Samples: Executive Employment Agreement (Carbylan Therapeutics, Inc.), Executive Employment Agreement (Carbylan Therapeutics, Inc.)

No Adverse Interests. During the Executive’s employment with the Company. the Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 1 contract

Samples: Employment Agreement (TigerLogic CORP)

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No Adverse Interests. Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 1 contract

Samples: Employment Agreement for Dominic Orr (Aruba Networks, Inc.)

No Adverse Interests. Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by her to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise, except as a passive investor in mutual or exchange traded funds.

Appears in 1 contract

Samples: Employment Agreement (Alto Ingredients, Inc.)

No Adverse Interests. Except as permitted by Section 5.3, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise, or engage in any business that creates a conflict of interest with his duties or loyalty to the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Micromet, Inc.)

No Adverse Interests. Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise, except that Executive’s acquisition or holding of less than 5% of the outstanding shares or units of any outstanding publicly traded securities shall not constitute a violation of this or any similar restriction.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (UroGen Pharma Ltd.)

No Adverse Interests. Executive agrees not to acquire, assume or participate part1c1pate in, directly or indirectly, any position, investment or interest known to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 1 contract

Samples: Executive Employment Agreement (Everspin Technologies Inc)

No Adverse Interests. Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment investment, or interest known to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Olo Inc.)

No Adverse Interests. Executive agrees that during his employment he shall not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Praxis Precision Medicines, Inc.)

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