Common use of Best Efforts/Full-time Clause in Contracts

Best Efforts/Full-time. Executive will expend Executive’s best efforts on behalf of the Company in the performance of duties assigned to Executive under this Agreement, and will abide by all policies and decisions made by the Company, as well as all applicable federal, state and local laws, regulations or ordinances. Executive will act in the best interest of the Company at all times in the performance of duties assigned to Executive under this Agreement. Executive shall devote Executive’s full business time and efforts to the performance of Executive’s assigned duties for the Company, unless Executive notifies the Board and CEO in advance of Executive’s intent to engage in other paid work and receives the Board’s and CEO’s express written consent to do so. Notwithstanding the foregoing, Executive will be permitted to serve as an outside director on the board of directors for corporate, civic, nonprofit or charitable entities, so long as Executive obtains the consent of the Board and provided such entities are not competitive with the Company and subject to the provisions of Section 9.

Appears in 4 contracts

Samples: Executive Employment Agreement (Grand Canyon Education, Inc.), Executive Employment Agreement (Grand Canyon Education, Inc.), Executive Employment Agreement (Grand Canyon Education, Inc.)

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