Common use of Board Memberships Clause in Contracts

Board Memberships. The Employee 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 4 contracts

Samples: Employee Retention Agreement (Home Bancorp of Elgin Inc), Employee Retention Agreement (Home Bancorp of Elgin Inc), Employee Retention Agreement (Home Bancorp of Elgin Inc)

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

Appears in 1 contract

Samples: Employee Retention Agreement (Big Foot Financial Corp)

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Board Memberships. The Employee 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; PROVIDEDprovided, HOWEVERhowever, that such service and personal business and investment activities shall not materially interfere with the performance of his duties under this Agreement.

Appears in 1 contract

Samples: Employee Retention Agreement (Usb Holding Co Inc)

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