Common use of Duties of Director Clause in Contracts

Duties of Director. During his employment hereunder the BP will:- — carry out all such duties as may be assigned to him honestly, faithfully and to the best of his ability; — devote the whole of his time and attention to the business of the Unilever Organisation; — not without the prior written consent given to him by or on behalf of the Board, and subject to such conditions as it may lay down from time to time, be concerned or interested in, or directly or indirectly responsible for the management of, any other business; provided that nothing in this sub-clause shall prevent the BP from holding or being otherwise interested in any shares or other securities of any company for investment purposes only.

Appears in 2 contracts

Samples: Director's Service Contract (Unilever PLC), Director's Service Contract (Unilever N V)

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Duties of Director. During his employment hereunder the BP will:- - carry out all such duties as may be assigned to him honestly, faithfully and to the best of his ability; - devote the whole of his time and attention to the business of the Unilever Organisation; - not without the prior written consent given to him by or on behalf of the Board, and subject to such conditions as it may lay down from time to time, be concerned or interested in, or directly or indirectly responsible for the management of, any other business; provided that nothing in this sub-clause shall prevent the BP from holding or being otherwise interested in any shares or other securities of any company for investment purposes only.

Appears in 1 contract

Samples: Director's Service Contract (Unilever PLC)

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Duties of Director. During his employment hereunder the BP will:- carry out all such duties as may be assigned to him honestly, faithfully and to the best of his ability; devote the whole of his time and attention to the business of the Unilever Organisation; not without the prior written consent given to him by or on behalf of the Board, and subject to such conditions as it may lay down from time to time, be concerned or interested in, or directly or indirectly responsible for the management of, any other business; provided that nothing in this sub-clause shall prevent the BP from holding or being otherwise interested in any shares or other securities of any company for investment purposes only.

Appears in 1 contract

Samples: Director's Service Contract (Unilever N V)

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