Common use of Obligations to the Company Clause in Contracts

Obligations to the Company. During the term of his Employment, the Executive shall devote his full business efforts and time to the Company. The Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the CEO, provided, however, that the Executive may, without the approval of the CEO, serve in any capacity with any civic, educational or charitable organization. The Executive may own, as a passive investor, no more than one percent (1%) of any class of the outstanding securities of any publicly traded corporation.

Appears in 11 contracts

Samples: Employment Agreement (Align Technology Inc), Employment Agreement (Align Technology Inc), Employment Agreement (Align Technology Inc)

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Obligations to the Company. During the term of his the Executive’s Employment, the Executive shall devote his Executive’s full business efforts and time to the Company. The Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the CEO, provided, however, that the Executive may, without the approval of the CEO, serve in any capacity with any civic, educational or charitable organization. The Executive may own, as a passive investor, no more than one percent (1%) of any class of the outstanding securities of any publicly traded corporation.

Appears in 6 contracts

Samples: Employment Agreement (Align Technology Inc), Employment Agreement (Align Technology Inc), Employment Agreement (Align Technology Inc)

Obligations to the Company. During the term of his Employment, the Executive shall devote his full business efforts and time to the Company. The Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the CEOBoard, provided, however, that the Executive may, without the approval of the CEOBoard, serve in any capacity with any civic, educational or charitable organization. The Executive may own, as a passive investor, no more than one percent (1%) of any class of the outstanding securities of any publicly traded corporation.

Appears in 3 contracts

Samples: Employment Agreement (Align Technology Inc), Employment Agreement (Align Technology Inc), Employment Agreement (Align Technology Inc)

Obligations to the Company. During the term of his her Employment, the Executive shall devote his her full business efforts and time to the Company. The Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the CEO, provided, however, that the Executive may, without the approval of the CEO, serve in any capacity with any civic, educational or charitable organization. The Executive may own, as a passive investor, no more than one percent (1%) of any class of the outstanding securities of any publicly traded corporation.

Appears in 2 contracts

Samples: Employment Agreement (Align Technology Inc), Employment Agreement (Align Technology Inc)

Obligations to the Company. During the term of his the Executive's Employment, the Executive shall devote his Executive's full business efforts and time to the Company. The Executive agrees reaffirms his agreement to not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the CEO, provided, however, that the Executive may, without the approval of the CEO, serve in any capacity with any civic, educational or charitable organization. The Executive may own, as a passive investor, no more than one percent (1%) of any class of the outstanding securities of any publicly traded corporation.

Appears in 2 contracts

Samples: Employment Agreement (Align Technology Inc), Employment Agreement (Align Technology Inc)

Obligations to the Company. During the term of his -------------------------- Employment, the Executive shall devote his full business efforts and time to the Company. The Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the CEO, provided, however, that the Executive may, without the approval of the CEO, serve in any capacity with any civic, educational or charitable organization. The Executive may own, as a passive investor, no more than one percent (1%) of any class of the outstanding securities of any publicly traded corporation.

Appears in 1 contract

Samples: Employment Agreement (Align Technology Inc)

Obligations to the Company. During the term of his the Executive's Employment, the Executive shall devote his the Executive's full business efforts and time to the Company. The Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the CEO, provided, however, that the Executive may, without the approval of the CEO, serve in any capacity with any civic, educational or charitable organization. The Executive may own, as a passive investor, no more than one percent (11 %) of any class of the outstanding securities of any publicly traded corporation.

Appears in 1 contract

Samples: Employment Agreement (Align Technology Inc)

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Obligations to the Company. During the term of his the Executive’s Employment, the Executive shall devote his the Executive’s full business efforts and time to the Company. The Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the CEO, provided, however, that the Executive may, without the approval of the CEO, serve in any capacity with any civic, educational or charitable organization. The Executive may own, as a passive investor, no more than one percent (1%) of any class of the outstanding securities of any publicly traded corporation.

Appears in 1 contract

Samples: Employment Agreement (Align Technology Inc)

Obligations to the Company. During the term of his the Executive’s Employment, the Executive shall devote his Executive’s full business efforts and time to the Company. The Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the CEOBoard, provided, however, that the Executive may, without the approval of the CEOBoard, serve in any capacity with any civic, educational or charitable organization. The Executive may own, as a passive investor, no more than one percent (1%) of any class of the outstanding securities of any publicly traded corporation.

Appears in 1 contract

Samples: Employment Agreement (Align Technology Inc)

Obligations to the Company. During the term of his the Executive's Employment, the Executive shall devote his Executive's full business efforts and time to the Company. The Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the CEO, provided, however, that the Executive may, without the approval of the CEO, serve in any capacity with any civic, educational or charitable organization. The Executive may own, as a passive investor, no more than one percent (1%) of any class of the outstanding securities of any publicly traded corporation.

Appears in 1 contract

Samples: Employment Agreement (Align Technology Inc)

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