Common use of Outside Activities Clause in Contracts

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of Directors, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 12 contracts

Samples: Employment Agreement (Invision Technologies Inc), Key Employee Agreement (Bolder Technologies Corp), Employee Agreement (Paradyne Corp)

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Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not not, during the term of this Agreement Agreement, undertake or engage in any other employment, occupation or business enterprise, other than ones those in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 11 contracts

Samples: Employment Agreement (Jato Communications Corp), Employment Agreement (Jato Communications Corp), Employment Agreement (Jato Communications Corp)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not not, during the term of this Agreement Term, undertake or engage in any other employment, occupation or business enterprise, other than ones those in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 9 contracts

Samples: Employment Agreement (Viasource Communications Inc), Employment Agreement (Viasource Communications Inc), Employment Agreement (Viasource Communications Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not during not, while employed by the term of this Agreement Company, undertake or engage in any other employment, occupation occupation, consulting, advisory, or other business enterprise or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially that would interfere with Executive’s responsibilities and the performance of his Executive’s duties hereunderunder this Agreement with the exception that engaging in charitable, civic, community activities and serving of boards of directors of charitable or civic organizations will not constitute interference, provided the time spent in such activities does not negatively impact Executive’s performance of Executive’s duties under this Agreement.

Appears in 6 contracts

Samples: Employment Agreement (Zynex Inc), Employment Agreement (Evolving Systems Inc), Employment Agreement (Evolving Systems Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not during not, while employed by the term of this Agreement Company, undertake or engage in any other employment, occupation occupation, consulting, advisory, or other business enterprise or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially that would interfere with Executive’s responsibilities and the performance of his Executive’s duties hereunder.

Appears in 4 contracts

Samples: Employment Agreement (Evolving Systems Inc), Employment Agreement (Evolving Systems Inc), Employment Agreement (Evolving Systems Inc)

Outside Activities. 4.1 6.1 Except with the prior written consent of the Company's Board of Directors, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investorinvestor within the limitations set forth in Section 6.3 below. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 3 contracts

Samples: Irori Key Employee Agreement (Discovery Partners International Inc), Key Employee Agreement (Molecular Devices Corp), Key Employee Agreement (Molecular Devices Corp)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsCEO, Executive will not during not, while employed by the term of this Agreement Company, undertake or engage in any other employment, occupation occupation, consulting, advisory, or other business enterprise or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially that would interfere with Executive’s responsibilities and the performance of his Executive’s duties hereunderunder this Agreement with the exception that engaging in charitable, civic, community activities and serving of boards of directors of charitable or civic organizations will not constitute interference, provided the time spent in such activities does not negatively impact Executive’s performance of Executive’s duties under this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Zynex Inc), Employment Agreement (Zynex Inc), Employment Agreement (Zynex Inc)

Outside Activities. 4.1 6.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will shall not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his Executive's duties hereunder.

Appears in 2 contracts

Samples: Executive Employment Agreement (Axys Pharmecueticals Inc), Executive Employment Agreement (Axys Pharmecueticals Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsPresident and Chief Executive Officer, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 2 contracts

Samples: Employee Agreement (Lynx Therapeutics Inc), Employee Agreement (Lynx Therapeutics Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive he is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunderunder this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Clarent Corp/Ca), Employment Agreement (Clarent Corp/Ca)

Outside Activities. 4.1 3.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Axys Pharmecueticals Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not may not, during his employment with the term of this Agreement Company, undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive he is a passive investorinvestor or is currently engaged as previously disclosed to the Board. Executive may accept speaking or presentation engagements in exchange for honoraria and may engage in civic and not-for-profit activities so long as activities, provided that such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Efunds Corp)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of Directors, Executive will not during the term of this Agreement his employment by the Company undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Key Employee Agreement (Globespan Semiconductor Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Axys Pharmecueticals Inc)

Outside Activities. 4.1 Except with the prior written consent of the principal executive of the Company's Board of Directors, Executive will not during not, while employed by the term of this Agreement Company, undertake or engage in any other employment, occupation occupation, consulting, advisory, or other business enterprise or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially that would interfere with Executive’s responsibilities and the performance of his Executive’s duties hereunderunder this Agreement with the exception that engaging in charitable, civic, community activities and serving on boards of directors of charitable or civic organizations will not constitute interference, provided the time spent in such activities does not negatively impact Executive’s performance of Executive’s duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Scripps Safe, Inc.)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of Directors, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.such

Appears in 1 contract

Samples: Key Employee Agreement (Invision Technologies Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not during not, while employed by the term of this Agreement Company, undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially enterprise that would interfere with Executive’s responsibilities and the performance of his Executive’s duties hereunder.hereunder except for (i) reasonable time devoted to volunteer services for or on behalf of such religious, educational, non-profit and/or other charitable organization as Executive may wish to serve; (ii) reasonable time devoted to activities in the non-profit and business communities consistent with Executive’s duties;

Appears in 1 contract

Samples: Employment Agreement (Sensei Biotherapeutics, Inc.)

Outside Activities. 4.1 5.1 Except as permitted in Section 5.4, and except with the prior written consent of the Company's ’s Board of Directors, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Key Employee Agreement (Nektar Therapeutics)

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Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsPresident and Chief Executive Officer, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his her duties hereunder.

Appears in 1 contract

Samples: Employee Agreement (Lynx Therapeutics Inc)

Outside Activities. 4.1 7.1. Except with the prior written consent of the Company's Board of DirectorsPresident, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities and may, upon notice to the President, serve as a member of Boards of Directors of companies not deemed to be engaged in competition with the Company so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Esoft Inc)

Outside Activities. 4.1 5.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, including serving on the boards of directors of other companies, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Scientific Learning Corp)

Outside Activities. 4.1 2.5 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Lynx Therapeutics Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of Directors, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder. 4.2 Except as permitted by Section 4.3, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by him to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

Appears in 1 contract

Samples: Key Employee Agreement (Invision Technologies Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not not, during the term of this Agreement Agreement, undertake or engage in any other employment, occupation or business enterprise, other than ones those in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Spatial Technology Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not not, during the term of this Agreement Agreement, undertake or engage in any other employment, occupation or business enterprise, enterprise other than ones those in which Executive is a passive investor. Executive may engage in civic and not-for-for- profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Valley Media Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of Directors, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Key Employee Agreement (Axys Pharmecueticals Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board Chairman of Directorsthe Board, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Employee Agreement (Lynx Therapeutics Inc)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not not, during the term of this Agreement Agreement, undertake or engage in any other employment, occupation or business enterprise, other than ones those in which Executive is a passive investor. investor and except for those activities specifically described in EXHIBIT B. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Jato Communications Corp)

Outside Activities. 4.1 Except with the prior written consent of the Company's Board of DirectorsBoard, Executive will not during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

Appears in 1 contract

Samples: Employee Agreement (Quokka Sports Inc)

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