Common use of Duty of Loyalty and Best Efforts Clause in Contracts

Duty of Loyalty and Best Efforts. Employee shall devote his/her attention, knowledge, and skills to the Company's business interests, and shall do so in good faith and with best efforts. Notwithstanding the above, the Company acknowledges and agrees that Employee may become employed by additional companies (the “Additional Companies”) in any capacity whatsoever, so long as Employee’s devotion of such attention, knowledge, and skills do not substantially interfere with Employee’s duty of loyalty and best efforts to the Company. Employee agrees to refrain from any interest or participation, of any kind whatsoever, in any business directly competitive to the Company’s business, for a term of one (1) year from the termination or expiration of this Agreement.

Appears in 6 contracts

Samples: Employment Agreement (Tactical Air Defense Services, Inc.), Employment Agreement (Tactical Air Defense Services, Inc.), Employment Agreement (Tactical Air Defense Services, Inc.)

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Duty of Loyalty and Best Efforts. Employee shall devote his/her attention, knowledge, and skills to the Company's business interests, and shall do so in good faith and with best efforts. Notwithstanding the above, the Company acknowledges and agrees that Employee may become employed by additional companies (the “Additional Companies”) in any capacity whatsoever, so long as Employee’s devotion of such attention, knowledge, and skills do not substantially interfere with Employee’s duty of loyalty and best efforts to the Company. Employee agrees to refrain from any interest or participation, of any kind whatsoever, in any business directly competitive to the Company’s business, for a term of one (1) year from the termination or expiration of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Tactical Air Defense Services, Inc.)

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