Common use of No Conflict of Interest; Proper Conduct Clause in Contracts

No Conflict of Interest; Proper Conduct. (a) (x) During the Term and in any event, not less than ninety (90) days after the Employment Period if Employee is terminated pursuant to Sections 6(a) or 6(b) or (y) during the Employment Period and for an additional period equal to the time period during which Employee is paid severance by the Company after the Employment Period if Employee is terminated pursuant to Sections 6(d) or 6(e) (notwithstanding the foregoing, such period described in this Section 7(a)(y) shall not be less than ninety (90) days nor greater than one (1) year), Employee will not, directly or indirectly, either individually or as a stockholder (except as a stockholder of less than one percent (1%) of the issued and outstanding stock of a publicly-held corporation whose gross assets exceed $100,000,000), investor, officer, director, member, employee, agent, trustee, associate or consultant of any Person:

Appears in 4 contracts

Samples: Employment Agreement (Westwood One Inc /De/), Employment Agreement (Westwood One Inc /De/), Employment Agreement (Westwood One Inc /De/)

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No Conflict of Interest; Proper Conduct. (a) (x) During the Term and in any event, not less than ninety one hundred eighty (90180) days after the Employment Period if Employee is terminated pursuant to Sections 6(a) or 6(b) or (y) during the Employment Period and for an additional period equal to the time period during which Employee is paid severance by the Company after the Employment Period if Employee is terminated pursuant to Sections Section 6(d) or 6(e) (notwithstanding the foregoing, such period described in this Section 7(a)(y) shall not be less than ninety one hundred eighty (90180) days nor greater than one (1) year), Employee will not, directly or indirectly, either individually or as a stockholder (except as a stockholder of less than one percent (1%) of the issued and outstanding stock of a publicly-held corporation whose gross assets exceed $100,000,000), investor, officer, director, member, employee, agent, trustee, associate or consultant of any Person:

Appears in 1 contract

Samples: Employment Agreement (Westwood One Inc /De/)

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No Conflict of Interest; Proper Conduct. (a) (a) (x) During the Term and in any event, not less than ninety (90) days after the Employment Period if Employee is terminated pursuant to Sections 6(a) or 6(b6(b)(other than in the case of Employee’s death) or (y) during the Employment Period and for an additional period equal to the time period during which Employee is paid severance by the Company after the Employment Period if Employee is terminated pursuant to Sections 6(d) or 6(e) (notwithstanding the foregoing, such period described in this Section 7(a)(y) shall not be less than ninety (90) days nor greater than one (1) year), Employee will not, directly or indirectly, either individually or as a stockholder (except as a stockholder of less than one percent (1%) of the issued and outstanding stock of a publicly-held corporation whose gross assets exceed $100,000,000), investor, officer, director, member, employee, agent, trustee, associate or consultant of any Person:

Appears in 1 contract

Samples: Employment Agreement (Westwood One Inc /De/)

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