Non Competition Confidentiality. 4.1 During the term of this Agreement, the Executive may make passive investments in companies involved in industries in which the Company operates, provided any such investment does not exceed a 5% equity interest, unless Executive obtains consent to acquire an equity interest exceeding 5% by a vote of a majority of the directors.
Appears in 8 contracts
Samples: Agreement (Debut Broadcasting Corporation, Inc.), Executive Employment Agreement (AspenBio Pharma, Inc.), Executive Employment Agreement (AspenBio Pharma, Inc.)
Non Competition Confidentiality. 4.1 During the term of this Agreement, the Executive may make passive investments in companies generally involved in industries the Internet industry in which the Company operates, subject to the terms of paragraph 4.3 hereof, and provided any such investment does not exceed a 5% equity interest, unless Executive obtains a consent to acquire an equity interest exceeding 5% by a vote of a majority of the directors.
Appears in 8 contracts
Samples: Executive Employment Agreement (Disaboom, Inc.), Executive Employment Agreement (Disaboom, Inc.), Executive Employment Agreement (Disaboom, Inc.)
Non Competition Confidentiality. 4.1 During the term of this Agreement, the Executive may make passive investments in companies involved in industries in which the Company operates, provided any such investment does not exceed a 5% equity interest, unless the Executive obtains consent to acquire an equity interest exceeding 5% by a vote of a majority of the directors.
Appears in 2 contracts
Samples: Executive Employment Agreement (AspenBio Pharma, Inc.), Executive Employment Agreement (AspenBio Pharma, Inc.)
