Common use of No Other Employment Clause in Contracts

No Other Employment. Except as provided below, for so long as the Executive is employed by the Company, he shall not, directly or indirectly, render services to any other person or organization for which he receives compensation without the prior approval of the Board. No such approval will be required if the Executive seeks to perform inconsequential services without direct compensation therefor in connection with the management of personal investments or in connection with the performance of charitable and civic activities, provided that such activities do not contravene the provisions of Section 6 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Getty Images Inc), Employment Agreement (Getty Images Inc)

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No Other Employment. Except as provided below, for so long as the Executive is employed by the Company, he shall not, directly or indirectly, render services to any other person or organization for which he receives compensation without the prior approval of the Board. No such approval will be required if the Executive seeks to perform inconsequential services without direct compensation therefor for those services and in connection with the management of personal investments or in connection with the performance of charitable and civic activities, provided that such activities do not contravene the provisions of Section 6 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Getty Images Inc), Employment Agreement (Getty Images Inc)

No Other Employment. Except as provided below, for For so long as the Executive is employed by the Company, he Executive shall not, directly or indirectly, render services to any other person or organization for which he receives compensation without the prior approval of the BoardExecutive’s direct supervisor. No such approval will be required if the Executive seeks to perform inconsequential services without direct compensation therefor therefore in connection with the management of personal investments or in connection with the performance of charitable and civic activities, provided that such activities do not contravene the provisions of Section 6 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Getty Images Inc), Employment Agreement (Getty Images Inc)

No Other Employment. Except as provided below, for so long as the Executive is employed by the Company, he shall not, directly or indirectly, render services to any other person or organization for which he receives compensation without the prior written approval of the Board. No such approval will be required if the Executive seeks to perform inconsequential services without direct compensation therefor in connection with the management of personal investments or in connection with the performance of charitable and civic activities, provided that such activities do not contravene the provisions of Section 6 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Kozmo Com Inc), Employment Agreement (Kozmo Com Inc)

No Other Employment. Except as provided below, for For so long as the Executive is employed by the Company, he Executive shall not, directly or indirectly, render services to any other person or organization for which he receives compensation without the prior approval of the BoardExecutive’s direct supervisor. No such approval will be required if the Executive seeks to perform inconsequential services without direct compensation therefor therefore in EXECUTION connection with the management of personal investments or in connection with the performance of charitable and civic activities, provided that such activities do not contravene the provisions of Section 6 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Getty Images Inc), Employment Agreement (Getty Images Inc)

No Other Employment. Except as provided below, for For so long as the Executive is employed by the Company, he Executive shall not, directly or indirectly, render services to any other person or organization for which he receives compensation without the prior approval of the BoardExecutive’s direct supervisor. No such approval will be required if the Executive seeks to perform inconsequential services without direct compensation therefor therefore in connection with the management of personal investments or in connection with the performance of charitable and civic activities, provided that such activities do not contravene the provisions of Section 6 hereof.. EXECUTION

Appears in 1 contract

Samples: Employment Agreement (Getty Images Inc)

No Other Employment. Except as provided below, for For so long as the Executive is employed by the Company, he shall not, directly or indirectly, render services to any other person or organization for which he receives compensation without the prior approval of the Board. No such approval will be required if the Executive seeks to perform inconsequential services without direct compensation therefor in connection with the management of personal investments or in connection with the performance of charitable and civic activities, provided that such activities do not contravene the provisions of Section 6 hereof.

Appears in 1 contract

Samples: Employment Agreement (Nymagic Inc)

No Other Employment. Except as provided below, for For so long as the Executive is employed by the Company, he shall not, directly or indirectly, render services to any other person or organization for which he receives compensation without the prior approval of the Board. No such approval will be required if the Executive seeks to perform inconsequential services without direct compensation therefor in connection with the management of personal investments or in connection with the performance of charitable and civic activities, provided that such activities do not contravene the provisions of Section 6 5 hereof.

Appears in 1 contract

Samples: Employment Agreement (Getty Images Inc)

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No Other Employment. Except as provided below, for For so long as the Executive is employed by the Company, he Executive shall not, directly or indirectly, render services to any other person or organization for which he receives compensation without the prior approval of the BoardExecutive's direct supervisor. No such approval will be required if the Executive seeks to perform inconsequential services without direct compensation therefor in connection with the management of personal investments or in connection with the performance of charitable and civic activities, provided that such activities do not contravene the provisions of Section 6 hereof.

Appears in 1 contract

Samples: Employment Agreement (Getty Images Inc)

No Other Employment. Except as provided below, for For so long as the Executive is employed by the Company, he Executive shall not, directly or indirectly, render services to any other person or organization for which he receives compensation without the prior approval consent of the BoardCompany pursuant to the authority granted by a resolution of the Board or otherwise engage in activities which would interfere significantly with his faithful performance of his duties hereunder. No such approval will be required if the Executive seeks to may perform inconsequential services without direct compensation therefor in connection with the management of personal investments or in connection with the performance of charitable and civic activitiesinvestments, provided that such activities do activity does not contravene the provisions of Section 6 section 5 hereof.

Appears in 1 contract

Samples: Employment Agreement (Virtual Reality Inc/)

No Other Employment. Except as provided below, for For so long as the Executive is employed by the Company, he Executive shall not, directly or indirectly, render services to any other person or organization for which he receives compensation without the prior approval of the BoardExecutive’s direct supervisor. No such approval will be required if the Executive seeks to perform inconsequential services without direct compensation therefor in connection with the management of personal investments or in connection with the performance of charitable and civic activities, provided that such activities do not contravene the provisions of Section 6 hereof.

Appears in 1 contract

Samples: Employment Agreement (Getty Images Inc)

No Other Employment. Except as provided below, for For so long as the Executive is employed by the Company, he Executive shall not, directly or indirectly, render services to any other person or organization for which he receives compensation without the prior approval of the Board. No such approval will be required if the Executive seeks to perform inconsequential services without direct compensation therefor in connection with the management of personal investments or in connection with the performance of charitable and civic activities, provided that such activities do not contravene the provisions of Section 6 5 hereof.

Appears in 1 contract

Samples: Stock Option Agreement (Detrex Corporation)

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