Common use of Board Memberships Clause in Contracts

Board Memberships. The Officer may serve as a member of the boards of directors of such business, community and charitable organizations as he may disclose to and as may be approved by the Board (which approval shall not be unreasonably withheld), and he may engage in personal business and investment activities for his own account; provided, however, that such service and personal business and investment activities shall not materially interfere with the performance of his duties under this Agreement.

Appears in 9 contracts

Samples: Employee Retention Agreement (Dime Community Bancshares Inc), Employee Retention Agreement (Dime Community Bancshares Inc), Employee Retention Agreement (Dime Community Bancshares Inc)

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Board Memberships. The Officer may serve as a member of the boards of directors of such business, community and charitable organizations as he or she may disclose to and as may be approved by the Board (which approval shall not be unreasonably withheld), and he or she may engage in personal business and investment activities for his or her own account; provided, however, that such service and personal business and investment activities shall not materially interfere with the performance of his or her duties under this Agreement.

Appears in 3 contracts

Samples: Employee Retention Agreement (GSB Financial Corp), Employee Retention Agreement (GSB Financial Corp), Employee Retention Agreement (GSB Financial Corp)

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Board Memberships. The Officer may serve as a member of the boards of directors of such business, community and charitable organizations as he may disclose to and as may be approved by the Board (which approval shall not be unreasonably withheld), and he may engage in personal business and investment activities for his own account; provided, however, that such service and personal business and investment activities shall not materially interfere with the performance of his duties under this Agreement.. The Officer may also engage in personal business and investment activities which do not materially interfere with the performance of his duties hereunder; provided, however, that such activities are

Appears in 2 contracts

Samples: Employee Retention Agreement (Warwick Community Bancorp Inc), Employee Retention Agreement (Warwick Community Bancorp Inc)

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