Common use of Devotion of Time and Effort Clause in Contracts

Devotion of Time and Effort. Xxxxx agrees to devote all of his business time, attention, skill and efforts to the Companies, subject to periods of vacation and sick leave to which he is entitled, and shall not engage in activities that substantially interfere with such performance. Xxxxx shall avoid all actual or potential conflicts of interest or the appearance of a conflict of interest and any outside activities that would leave him unable to fulfill his job duties. Nothing in the foregoing shall prohibit Xxxxx from serving on the BOARD of directors for other non-profit, governmental or for-profit entities; provided, no violation of this provision shall occur as a result. Xxxxx may retain director fees or other compensation received for such service.

Appears in 2 contracts

Samples: Employment Agreement (Trinity Capital Corp), Employment Agreement (Trinity Capital Corp)

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Devotion of Time and Effort. Xxxxx agrees to devote all of his business time, attention, skill and efforts to the Companies, subject to periods of vacation and sick leave to which he is entitled, and shall not engage in activities that substantially interfere with such performance. Xxxxx shall avoid all actual or potential conflicts of interest or the appearance of a conflict of interest and any outside activities that would leave him unable to fulfill his job duties. Nothing in the foregoing shall prohibit Xxxxx from serving on the BOARD board of directors for other non-profit, governmental or for-profit entities; provided, no violation of this provision shall occur as a result. Xxxxx may retain director fees or other compensation received for such service.

Appears in 2 contracts

Samples: Employment Agreement (Trinity Capital Corp), Employment Agreement (Trinity Capital Corp)

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