Common use of Devotion of Efforts Clause in Contracts

Devotion of Efforts. So long as Officer is serving the Company in the capacities described in Section 1, he/she shall devote his/her full time, skill and attention and his/her best efforts during normal business hours to the business and affairs of the Company to the extent necessary to discharge faithfully and efficiently his/her duties and responsibilities, except for usual, ordinary and customary periods of vacation and absence due to illness or other disability or such periods of leave as are approved in writing by the Board or the Chief Executive Officer. The provisions of this Section shall not be construed to prevent Officer from making investments in other businesses or enterprises, so long as such investments do not violate the Company's conflict of interest policies or require the provision of services by Officer to such businesses or enterprises to an extent that would interfere in any material respect with the performance of Officer's duties and responsibilities to the Company.

Appears in 5 contracts

Samples: Resources Company Severance Agreement (Pioneer Natural Resources Co), Resources Company Severance Agreement (Pioneer Natural Resources Co), Resources Company Severance Agreement (Pioneer Natural Resources Co)

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Devotion of Efforts. So long as Officer is serving the Company in the capacities described in Section 1, he/she he shall devote his/her his full time, skill and attention and his/her his best efforts during normal business hours to the business and affairs of the Company to the extent necessary to discharge faithfully and efficiently his/her his duties and responsibilities, except for usual, ordinary and customary periods of vacation and absence due to illness or other disability disability, or such periods of leave as are approved in writing by the Board or the Chief Executive Officer. The provisions of this Section shall not be construed to prevent Officer from making investments in other businesses or enterprises, so long as such investments do not violate the Company's conflict of interest policies or require the provision of services by Officer to such businesses or enterprises to an extent that would interfere in any material respect with the performance of Officer's duties and responsibilities to the Company.

Appears in 1 contract

Samples: Severance Agreement (Pioneer Natural Resources Co)

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