Common use of Other Business Activity Clause in Contracts

Other Business Activity. Except as disclosed to the to the Senior VP of Innovation and the Chief Executive Officer (CEO) and agreed by these persons, the Executive shall not at any time whilst in the employment of the Company take on other employment or engage in other business activity which may reasonably be considered likely to be adverse to the Executive’s commitment to the Company or adverse to the usual business activities of the Company whether for gain or not.

Appears in 2 contracts

Sources: Executive Service Agreement (Immuron LTD), Executive Service Agreement (Immuron LTD)