Common use of Public Stock Clause in Contracts

Public Stock. Nothing in Section 4.01, however, shall prohibit Employee from owning (directly or indirectly through a parent, spouse, child or other relative or person living in the same household with Employee or any of the foregoing), as a passive investment, up to 1% of the issued and outstanding shares of any class of stock of any publicly traded company.

Appears in 9 contracts

Samples: Non Compete Agreement, Non Compete Agreement, Employment, Nondisclosure and Non Compete Agreement (Richardson Electronics LTD/De)

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Public Stock. Nothing in Section 4.01, however, shall prohibit Employee from owning (directly or indirectly through a parent, spouse, child or other relative or person living in the same household with Employee or any of the foregoing), as a passive investment, up to 1% of the issued and outstanding shares of any class of stock of any publicly traded company.. ARTICLE FIVE

Appears in 1 contract

Samples: Employment, Nondisclosure and Non Compete Agreement (Richardson Electronics LTD/De)

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