Passive Investment

Example Definitions of "Passive Investment"
Passive Investment. Means any investments by Participant in stocks or other equity, bonds, commodities, derivatives, debt or real estate, so long as (a) such investment is not received by Participant as compensation or consideration for activities (including licensing or assignment of rights) in the Field, (b) Participant is not obligated to provide any services related to the Field in connection with such investment (or the business or commercial venture related to such investment) and (c) the business or... commercial venture related to such investment does not use Participant's Persona in its legal name or "dba," or in connection with its marketing, advertising or promotion. View More
Passive Investment. Means any investments by Participant in of any kind, including, without limitation, stocks or other equity, bonds, commodities, derivatives, debt or real estate, so long as (a) such investment is not received by Participant as compensation or consideration for activities (including licensing or assignment of rights) in the Field, (b) Participant is not obligated to provide any services related to the Field in connection with such investment (or the business or commercial venture related to such... investment) and (c) the business or commercial venture related to such investment does not use Participant's Persona in its legal name or "dba," or in connection with any material respect in its marketing, advertising or promotion. For the avoidance of doubt, revenues, investment returns or other amounts received by Participant arising from Passive Investments are not Brand Income. View More
Passive Investment. Means any investments by Participant in of any kind, including, without limitation, stocks or other equity, bonds, commodities, derivatives, debt or real estate, so long as (a) such investment is not received by Participant as compensation or consideration for activities (including licensing or assignment of rights) in the Field, (b) Participant is not obligated to provide any services related to the Field in connection with such investment (or the business or commercial venture related to such... investment) and (c) the business or commercial venture related to such investment does not use Participant's Persona in its legal name or "dba," or in connection with any material respect in its marketing, advertising or promotion. For the avoidance of doubt, revenues, investment returns or other amounts received by Participant arising from Passive Investments are not Brand Income. View More
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