Common use of Devote Full Time to Company Clause in Contracts

Devote Full Time to Company. The Employee will use his best efforts to promote the interests of the Company. The Employee will devote full time (unless otherwise agreed to by the Company), attention and energies to the Company's Business, and during employment with the Company, will not engage in any other business activity, regardless of whether such activity is pursued for profit, gain, or other pecuniary advantage. The Employee is not prohibited from making personal investments in any other businesses provided those such businesses are not engaged in activities which are or may be competitive with the Company's Business and provided such investments do not require the Employee's active involvement. The Employee shall not commit or purport to commit the Company to: (a) any financial obligation or liability in excess of $10,000, or (b) sell or encumber any part of the assets of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Counterpath Corp), Employment Agreement (Counterpath Solutions, Inc.), Employment Agreement (Counterpath Solutions, Inc.)

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Devote Full Time to Company. The Employee will use his best efforts to promote the interests of the Company. The Employee will devote full time (unless otherwise agreed to by the Company)time, attention and energies to the Company's Business, and during employment with the Company, will not engage in any other business activity, regardless of whether such activity is pursued for profit, gain, or other pecuniary advantage. The Employee is not prohibited from making personal investments in any other businesses provided those such businesses are not engaged in activities which are or may be competitive with the Company's Business and provided such investments do not require the Employee's active involvement. The Employee shall not commit or purport to commit the Company to: (a) any financial obligation or liability in excess of $10,000100.00, or (b) sell or encumber any part of the assets of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Eduverse Com), Employment Agreement (Eduverse Com)

Devote Full Time to Company. The Employee will use his best efforts to promote the interests of the Company. The Employee will devote full time (unless otherwise agreed to by the Company)time, attention and energies to the Company's Business, and during employment with the Company, will not engage in any other business activity, regardless of whether such activity is pursued for profit, gain, or other pecuniary advantage. The Employee is not prohibited from making personal investments in any other businesses provided those such businesses are not engaged in activities which are or may be competitive with the Company's Business and provided such investments do not require the Employee's active involvement. The Employee shall not commit or purport to commit the Company to: (a) any financial obligation or liability in excess of $10,0001,000.00, or (b) sell or encumber any part of the assets of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Eduverse Com), Employment Agreement (Eduverse Com)

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Devote Full Time to Company. The Employee will use his best efforts to promote the interests of the Company. The Employee will devote full time (unless otherwise agreed to by the Company), attention and energies to the Company's Business, and during employment with the Company, will not engage in any other business activity, regardless of whether such activity is pursued for profit, gain, or other pecuniary advantage. The Employee is not prohibited from making personal investments in any other businesses provided those such businesses are not engaged in activities which are or may be competitive with the Company's Business and provided such investments do not require the Employee's active involvement. The Employee shall not commit or purport to commit the Company to: (a) any financial obligation or liability in excess of $10,000250,000, or (b) sell or encumber any part of the assets of the Company.

Appears in 1 contract

Samples: Employment Agreement (Counterpath Solutions, Inc.)

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