No Concurrent Posts Sample Clauses
The "No Concurrent Posts" clause prohibits a party from holding or accepting another similar position or appointment simultaneously with the one governed by the agreement. In practice, this means that while an individual or entity is engaged under the current contract, they cannot take on a comparable role with another organization or project, which could include employment, board membership, or consultancy in the same field. This clause is primarily used to prevent conflicts of interest and ensure the party's full commitment and undivided attention to their current obligations.
No Concurrent Posts. Unless otherwise approved by the Board, the General Manager and the Deputy General Manager may not hold posts concurrently as the general manager or other officer or employee or consultant of any other economic organization; provided, however, that the General Manager and other Senior Management as may be seconded to the JV Company by either Party or its Affiliate may concurrently be employees of such Party or its Affiliate.
No Concurrent Posts. The Company shall procure that:
(a) no Senior Management Personnel is employed concurrently by any other person provided that any such personnel who is seconded to a Company Group Member by a Party or its Affiliate may concurrently be an employee of such Party or its relevant Affiliate;
(b) no Senior Management Personnel is engaged or employed in any business which could be or become directly or indirectly in competition with the Company Group; and
(c) the board of each of Company Group Member shall have the authority to dismiss at any time any Senior Management Personnel serving at that Company Group Member in the event it determines that such person has engaged in fraud, corruption, criminal activities or serious breach or neglect of duty.
No Concurrent Posts. The Senior Management shall not hold posts concurrently as the senior management of any other economic organization; provided, however, that the Senior Management as may be seconded to the JVCo by either Party or its Affiliate may concurrently be employees of such Party or its Affiliate.
No Concurrent Posts. 10.4.1 Without the approval of the Board in writing, the General Manager, the Chief Financial Officer and other senior management may not be engaged concurrently with any other economic organization.
10.4.2 No employee of the Company, including the General Manager, the Chief Financial Officer and any other senior management of the Company, may concurrently be engaged in any business that could be or become directly or indirectly in competition with the Company or ZAP, or otherwise be concurrently employed by any other business concern.
No Concurrent Posts. The General Manager, Standing Deputy General Manager and other Management Personnel may be seconded to the Company by Party A or Party B and may remain employees of Party A or Party B or their respective affiliates. Apart from this exception, the General Manager, Standing Deputy General Manager and other Management Personnel may not hold posts concurrently as the general manager or any other officer or employee of any other economic organization. No employee of the Company, including the General Manager, the Standing Deputy General Manager and any other Management Personnel of the Company, may concurrently be engaged or employed in the PRC in any business which could be or become directly or indirectly in competition with the Company.