Devotion of Time Clause Samples
The 'Devotion of Time' clause defines the amount of time and attention a party, typically an employee or contractor, is required to dedicate to their duties under an agreement. It often specifies whether the individual must work full-time, part-time, or devote a minimum number of hours per week to the role, and may address whether other professional commitments are permitted. This clause ensures that the party's obligations are clear and that the employer or client receives the expected level of commitment, thereby preventing conflicts of interest and ensuring the agreed-upon work is prioritized.
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Devotion of Time. The Directors shall not be obligated and shall not be expected to devote all of their time or business efforts to the affairs of the Company (except, to the extent appropriate, in their capacity as employees of the Company).
Devotion of Time. The Members _________ (are or are not) required to devote all of their time or business efforts to the Company. Each Member shall devote whatever time or effort (s)he deems appropriate to carry out the Company’s business.
Devotion of Time. A Manager shall devote such time to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company.
Devotion of Time. The Executive shall devote substantially all of his time, attention and energies during normal business hours to the Company's affairs (exclusive of periods of sickness and disability and of such normal holiday and vacation periods as have been established by the Company).
Devotion of Time. During the term of this agreement, Executive agrees to devote the necessary time to the business and affairs of the Company to the extent necessary to discharge the responsibilities assigned to Executive and to use reasonable best efforts to perform faithfully and efficiently such responsibilities. During the term of this Agreement it shall not be a violation of this Agreement for Executive to manage personal investments or companies in which personal investments are made.
Devotion of Time. Throughout the Employment Period, the Employee shall: (a) devote substantially all of his working time to the business and affairs of the Companies; (b) faithfully and diligently perform his duties in conformity with the directions of the Board of Directors of the Company; (c) devote his best efforts, energy and skill to the services of the Companies and the promotion of their interests; and not take part in activities known by the Employee to be detrimental to the best interests of the Companies.
Devotion of Time. Each Individual Limited Partner agrees to devote substantially all of his business time, skill, energies and attention to his responsibilities to the Och-Ziff Group in a diligent manner at all times prior to his Special Withdrawal or Withdrawal.
Devotion of Time. The Manager, through ▇▇▇▇▇▇▇▇▇ and its Affiliates, will provide a management team (including, without limitation, a chief executive officer and president, a chief operating officer, a chief financial officer, a chief investment officer, a controller, a legal officer and a secretary) along with appropriate support personnel, to deliver the management services to the Company hereunder. The members of such management team shall devote such of their working time and efforts to the management of the Company as the Manager deems reasonably necessary and appropriate for the proper performance of all of the Manager’s duties hereunder, commensurate with the level of activity of the Company from time to time; provided, however, that the Manager (i) shall, no later than the effective date of a registration statement filed by the Company with the Securities and Exchange Commission with respect to an Initial Public Offering, provide a dedicated chief financial officer who shall devote all or substantially all of his or her working time and efforts to his or her duties as the chief financial officer of the Company and (ii) shall have the right, but not the obligation, to provide a dedicated controller and a dedicated internal legal officer to the Company who shall devote all or substantially all of their working time and efforts to their respective duties as the controller of and internal legal counsel to the Company. The dedicated chief financial officer provided by the Manager and any dedicated controller and internal legal officer that the Manager elects to provide, each of whom will be an employee of the Manager or one of its Affiliates, are referred to herein as “Dedicated Officers.” The Company shall have the benefit of the Manager’s reasonable judgment and effort in rendering services and, in furtherance of the foregoing, the Manager shall not undertake activities which, in its reasonable judgment, will materially adversely affect the performance of its obligations under this Agreement.
Devotion of Time. Executive shall devote substantially all of Executive's business time and attention and dedicate Executive's reasonable best efforts toward the fulfillment and execution, including performance criteria, of Executive's duties pursuant to this Agreement; provided, however, Executive may on Executive's own time (i) engage in such charitable and civic matters and (ii) manage his personal affairs and investments, so long as they do not, in the good faith determination of the Board of Directors, interfere in any material respect with the performance of his duties hereunder.
Devotion of Time. While providing the Services, the Consultant will give the Company the full benefit of his/her knowledge, expertise and ingenuity.