Common use of Ventures Clause in Contracts

Ventures. If, during the term of his employment the Employee is engaged in or associated with the planning or implementing of any project, program or venture involving the Company and a third party or parties, all rights in such project, program or venture shall belong to the Company. Except as approved by the Company’s Chief Executive Officer, the Employee shall not be entitled to any interest in such project, program or venture or to any commission, finder’s fee or other compensation in connection therewith other than the compensation to be paid to the Employee as provided in this Agreement. The Employee shall have no interest, direct or indirect, in any vendor or customer of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Compex Technologies Inc), Employment Agreement (Compex Technologies Inc), Employment Agreement (Compex Technologies Inc)

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Ventures. If, during the term of his employment the Employee is engaged in or associated with the planning or implementing of any project, program or venture involving the Company and a third party or parties, all rights in such project, program or venture shall belong to the Company. Except as approved by the Company’s Chief Executive OfficerBoard of Directors, the Employee shall not be entitled to any interest in such project, program or venture or to any commission, finder’s fee or other compensation in connection therewith other than the compensation to be paid to the Employee as provided in this Agreement. The Employee shall have no interest, direct or indirect, in any vendor or customer of the Company.

Appears in 2 contracts

Samples: Employment Agreement (BacTech Environmental Corp), Employment Agreement (BacTech Environmental Corp)

Ventures. If, during the term of his employment the Employee is engaged in or associated with the planning or implementing of any project, program or venture involving the Company and a third party or parties, all rights in such project, program or venture shall belong to the Company. Except as approved by the Company’s 's Board of Directors or Chief Executive Officer, the Employee shall not be entitled to any interest in such project, program or venture or to any commission, finder’s 's fee or other compensation in connection therewith other than the compensation to be paid to the Employee as provided in this Agreement. The Employee shall have no interest, direct or indirect, in any vendor or customer of the Company.

Appears in 1 contract

Samples: Employment Agreement (Sportsprize Entertainment Inc/)

Ventures. If, during the term of his employment the Employee is engaged in or associated with the planning or implementing of any project, program or venture involving the Company and a third party or parties, all rights in such project, program or venture shall belong to the Company. Except as approved by the Company’s 's Chief Executive OfficerOfficer and subject to an expressed written agreement, the Employee shall not be entitled to any interest in such project, program or venture or to any commission, finder’s 's fee or other compensation in connection therewith other than the compensation to be paid to the Employee as provided in this Agreement. The Employee shall have no not acquire any kind of interest, direct or indirect, in any vendor or customer of the Company.

Appears in 1 contract

Samples: Employment Agreement (Pawnbroker Com Inc)

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Ventures. If, during the term of his employment the Employee is engaged in or associated with the planning or implementing of any project, program or venture involving the Company and a third party or parties, all rights in such project, program or venture shall belong to the Company. Except as approved by the Company’s Chief Executive Officer's Board of Directors and subject to an express written agreement, the Employee shall not be entitled to any interest in such project, program or venture or to any commission, finder’s 's fee or other compensation in connection therewith other than the compensation to be paid to the Employee as provided in this Agreement. The Employee shall have no not acquire any kind of interest, direct or indirect, in any vendor or customer of the Company.

Appears in 1 contract

Samples: Employment Agreement (Pawnbroker Com Inc)

Ventures. If, during the term of his employment the Employee’s employment, Employee is engaged in or associated with the planning or implementing of any project, program or venture involving the Company and a third party or parties, all rights in such project, program or venture shall belong to the Company. Except as approved by the Company’s Chief Executive OfficerBoard of Directors, the Employee shall not be entitled to any interest in such project, program or venture or to any commission, finder’s fee or other compensation in connection therewith other than the compensation to be paid to the Employee as provided in this Agreement. The Employee shall have no interest, direct or indirect, in any vendor or customer of the Company, unless such interest has been disclosed to and approved by the Company’s Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (GigCapital2, Inc.)

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