Common use of Devotion to Employer’s Business Clause in Contracts

Devotion to Employer’s Business. (a) Employee shall devote his entire Productive time, ability, and attention to the business of Employer during the term of this contract. (b) Employee shall not engage in any other business duties or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of Employer's Board of Directors. However, the expenditure of reasonable amounts of time for educational, charitable, or professional activities shall not be deemed a breach of this agreement if those activities do not materially interfere with the services required under this agreement and shall not require the prior written consent of Employer's Board of Directors. (c) This agreement shall not be interpreted to prohibit Employee from making passive personal investments or conducting private business affairs if those activities do not interfere or conflict with the services required under this agreement. However, as more specifically set forth in Section 2. 04, herein, Employee shall not directly or indirectly acquire, hold, or retain any interest in any business competing with or similar in nature to the business of Employer.

Appears in 3 contracts

Samples: Employment Agreement (Worldwide Medical Corp/Ca/), Employment Agreement (Worldwide Medical Corp/Ca/), Employment Agreement (Worldwide Medical Corp/Ca/)

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Devotion to Employer’s Business. (a) Employee Executive shall devote the full working portion of his entire Productive productive time, ability, ability and attention to the business of Employer during the term of this contractEmployment Term. (b) Employee During the Employment Term, Executive shall not engage in any other business duties or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, commercial or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of Employer's Board of Directors. However, President or Chief Executive Officer; provided, however, that the expenditure of reasonable amounts of time for educational, charitable, charitable or professional activities shall not be deemed a breach of this agreement Agreement if those activities do not materially interfere with the services required under this agreement Agreement and shall not require the prior written consent of Employer's Board of DirectorsEmployer as set forth above. (c) This agreement Section 2.3 shall not be interpreted to prohibit Employee Executive from making passive personal investments or conducting private business affairs if those activities do not materially interfere or conflict with the services required under this agreementAgreement. HoweverNotwithstanding the foregoing, as more specifically set forth in Section 2. 04Executive shall not, hereinto the best of his knowledge, Employee shall not directly or indirectly indirectly, acquire, hold, hold or retain any interest in any business competing with vendor or similar in nature to the business supplier of Employer.

Appears in 2 contracts

Samples: Employment Agreement (Sport Chalet Inc), Employment Agreement (Sport Chalet Inc)

Devotion to Employer’s Business. (a) Employee Executive shall devote the full working portion of his entire Productive productive time, ability, ability and attention to the business of Employer during the term of this contractEmployment Term. (b) Employee During the Employment Term, Executive shall not engage in any other business duties or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, commercial or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of Employer's Board of Directors. However; provided, however, that the expenditure of reasonable amounts of time for educational, charitable, charitable or professional activities shall not be deemed a breach of this agreement Agreement if those activities do not materially interfere with the services required under this agreement Agreement and shall not require the prior written consent of Employer's Board of DirectorsEmployer as set forth above. (c) This agreement Section 2.3 shall not be interpreted to prohibit Employee Executive from making passive personal investments or conducting private business affairs if those activities do not materially interfere or conflict with the services required under this agreementAgreement. HoweverNotwithstanding the foregoing, as more specifically set forth in Section 2. 04Executive shall not, hereinto the best of his knowledge, Employee shall not directly or indirectly indirectly, acquire, hold, hold or retain any interest in any business competing with vendor or similar in nature to the business supplier of Employer.

Appears in 1 contract

Samples: Employment Agreement (Sport Chalet Inc)

Devotion to Employer’s Business. (a) Employee Executive shall devote the full working portion of his entire Productive productive time, ability, ability and attention to the business of Employer during the term of this contractEmployment Term. (b) Employee During the Employment Term, Executive shall not engage in any other business duties or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, commercial or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of Employer's Board of Directors. However, President or Chief Executive Officer; provided, however, that the expenditure of reasonable amounts of time for educational, charitable, charitable or professional activities shall not be deemed a breach of this agreement Agreement if those activities do not materially interfere with the services required under this agreement Agreement and shall not require the prior written consent of Employer's Board of DirectorsEmployer as set forth above. (c) This agreement Section 2.3 shall not be interpreted to prohibit Employee Executive from making passive personal investments or conducting private business affairs if those activities do not materially interfere or conflict with the services required under this agreementAgreement. HoweverNotwithstanding the foregoing, as more specifically set forth in Section 2. 04Executive shall not, hereinto the best of his knowledge, Employee shall not directly or indirectly acquire, hold, hold or retain any interest in any business competing with vendor or similar in nature to the business supplier of Employer.

Appears in 1 contract

Samples: Employment Agreement (Sport Chalet Inc)

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Devotion to Employer’s Business. (a) Employee Executive shall devote his the full working portion of her entire Productive productive time, ability, ability and attention to the business of Employer during the term of this contractEmployment Term. (b) Employee During the Employment Term, Executive shall not engage in any other business duties or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, commercial or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of Employer's Board of Directors. However, President or Chief Executive Officer; provided, however, that the expenditure of reasonable amounts of time for educational, charitable, charitable or professional activities shall not be deemed a breach of this agreement Agreement if those activities do not materially interfere with the services required under this agreement Agreement and shall not require the prior written consent of Employer's Board of DirectorsEmployer as set forth above. (c) This agreement Section 2.3 shall not be interpreted to prohibit Employee Executive from making passive personal investments or conducting private business affairs if those activities do not materially interfere or conflict with the services required under this agreementAgreement. HoweverNotwithstanding the foregoing, as more specifically set forth in Section 2. 04Executive shall not, hereinto the best of her knowledge, Employee shall not directly or indirectly indirectly, acquire, hold, hold or retain any interest in any business competing with vendor or similar in nature to the business supplier of Employer.

Appears in 1 contract

Samples: Employment Agreement (Sport Chalet Inc)

Devotion to Employer’s Business. (a) Employee Executive shall devote his the full working portion of her entire Productive productive time, ability, ability and attention to the business of Employer during the term of this contractEmployment Term. (b) Employee During the Employment Term, Executive shall not engage in any other business duties or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, commercial or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of Employer's ’s Board of Directors. However, President or Chief Executive Officer; provided, however, that the expenditure of reasonable amounts of time for educational, charitable, charitable or professional activities shall not be deemed a breach of this agreement Agreement if those activities do not materially interfere with the services required under this agreement Agreement and shall not require the prior written consent of Employer's Board of DirectorsEmployer as set forth above. (c) This agreement Agreement shall not be interpreted to prohibit Employee Executive from making passive personal investments or conducting private business affairs if those activities do not materially interfere or conflict with the services required under this agreementAgreement. HoweverNotwithstanding the foregoing, as more specifically set forth in Section 2. 04Executive shall not, hereinto the best of his knowledge, Employee shall not directly or indirectly indirectly, acquire, hold, hold or retain any interest in any vendor or supplier of Employer or in any business competing with or similar in nature to the business of Employer; provided, however, that Executive shall have a reasonable period from the date hereof to dispose of any such prohibited investments.

Appears in 1 contract

Samples: Employment Agreement (Sport Chalet Inc)

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