Commitment to the Company. During the term of this Agreement, Xxxxxxx shall devote such working time, attention and energies to the business of the Company, as is necessary or appropriate for the performance of her duties as Financial Reporting Manager. However, this commitment shall not be construed as preventing Xxxxxxx from participating in other businesses or from investing Vincent's personal assets in such form or manner as may require occasional or incidental time on the part of Xxxxxxx in the management, conservation and protection of such investments and provided that such investments or business cannot be construed as being competitive or in conflict with the business of the Company.
Commitment to the Company. During the term of this Agreement, Mabie shall devote such xxxxxng time, attention and energies to the business of the Company, as is necessary or appropriate for the performance of his duties as Chief Executive Officer and President of the Company. However, this commitment shall not be construed as preventing Mabie from participating in xxher businesses or from investing Mabie's personal assets in sucx xxxx or manner as may occasionally require substantial time on the part of Mabie in the management, xxxservation and protection of such investments and provided that such investments or business cannot be construed as being competitive or in conflict with the business of the Company.
Commitment to the Company. During the term of this Agreement, Lindsey shall devote xxxx xorking time, attention and energies to the business of the Company, as is necessary or appropriate for the performance of his duties as Director and Vice-President of the Company. However, this commitment shall not be construed as preventing Lindsey from particixxxxxx in other businesses or from investing Lindsey's personal axxxxx xx such form or manner as may occasionally require substantial time on the part of Lindsey in the management, coxxxxxxxion and protection of such investments and provided that such investments or business cannot be construed as being competitive or in conflict with the business of the Company.
Commitment to the Company. (a) During the Term, Employee shall not be involved, individually or as an Employee, principal, officer, general partner, director or shareholder, in the marketing and! or sale of any real estate properties or any real estate activities that are not proprietary to Xxxxxxx Xxxxxx, without first obtaining the consent and approval of a majority of the Company’s Board of Directors. The limitation contained in this Section 4 shall not apply, however, to the ownership of not more than one percent (1%) of the outstanding shares of any class of securities of a publicly-held issuer subject to the public reporting requirements of the Securities and Exchange Act of 1934, as amended, or any limited partner interest in a limited partnership or similar passive investment interest so long as the nature of such investment prevents, pursuant to applicable law, Employee’s control of the management of the issuer of such investment interests. For purposes of this Section 4, Employee shall be deemed the owner of any interests held by Employee, Employee’s spouse, or any other un-emancipated minor member of the Employee’s family.
Commitment to the Company. So long as XxXxxx is employed by the ------------------------- Company, XxXxxx agrees to devote a major portion of his time which is spent on work or other business related activities to activities which are for the account of the Company. For purposes of this Section 11.1, activities relating to XxXxxx Consulting Group, Inc. ("XxXxxx Consulting"), Tech Ventures, the Service Subsidiary and any other subsidiary of the Company shall be deemed "for the account of the Company" if they are in furtherance of the operations of the Company.
Commitment to the Company. During the term of this Agreement, Coughlin shall dexxxx xxxh working time, attention and energies to the business of the Company, as is necessary or appropriate for the performance of his duties as Medical Advisor of the Company. However, this commitment shall not be construed as preventing Coughlin from paxxxxxxxxing in other businesses or from investing Coughlin's personxx xxxxxx in such form or manner as may occasionally require substantial time on the part of Coughlin in the managemxxx, conservation and protection of such investments and provided that such investments or business cannot be construed as being competitive or in conflict with the business of the Company.
Commitment to the Company. During the term of this Agreement, Vincent shall devxxx xxxh working time, attention and energies to the business of the Company, as is necessary or appropriate for the performance of her duties as Financial Reporting Manager of the Company. However, this commitment shall not be construed as preventing Vincent from parxxxxxxxing in other businesses or from investing Vincent's personal assets in such form or manner as may occasionally require substantial time on the part of Vincent in the managemxxx, conservation and protection of such investments and provided that such investments or business cannot be construed as being competitive or in conflict with the business of the Company.
Commitment to the Company. During the term of Employee’s employment under this Agreement, Employee shall not be involved, individually or as an employee, principal, officer, general partner, director or shareholder, in any real estate development activities without first obtaining the consent and approval of a majority of the Company’s Board of Directors, the consideration of such consent shall not be unreasonably delayed and such consent shall be given or withheld on a consistent basis with the grant or refusal of the Board to grant consent to real estate development activities by other officers of the Company who are party to employment agreements with the Company. The limitation contained in this Section shall not apply, however, to the ownership of no more than 1 % of the capital stock of any publicly held corporation or to participation in real estate development activities as a limited partner. For purposes of this Section, Employee shall be deemed the owner of any interests held by Employee, Employee’s spouse, or any other un emancipated minor member of Employee’s family.
Commitment to the Company. During the ten of this Agreement, Employee shall not be involved, individually or as an employee, principal, officer, general partner, director or shareholder of any company, in any real estate development activities without first obtaining the consent and approval of a majority of the Company’s Board of Directors. The limitation contained in this Section shall not apply, however, to the ownership of less than 1% of the capital stock of any publicly held corporation or to participation in real estate development activities as a limited partner. For purposes of this Section, Employee shall be deemed the owner of any interests held by Employee, Employee’s spouse, or any other un-emancipated minor member of Employee’s family.
Commitment to the Company. (a) During the Term, Employee shall not be involved, individually or as an Employee, principal, officer, general partner, director or shareholder, in any real estate development activities without first obtaining the consent and approval of a majority of the Company’s Board of Directors. The limitation contained in this Section 4 shall not apply, however, to the ownership of not more than one percent (l%) of the outstanding shares of any class of securities of a publicly-held issuer subject to the public reporting requirements of the Securities and Exchange Act of 1934, as amended, or any limited partner interest in a limited partnership or similar passive investment interest so long as the nature of such investment prevents, pursuant to applicable law, Employee’s control of the management of the issuer of such investment interests. For purposes of this Section 4, Employee shall be deemed the owner of any interests held by Employee, Employee’s spouse, or any other unemancipated minor member of the Employee’s family.
