Common use of Duty of Loyalty/No Conflict of Interest Clause in Contracts

Duty of Loyalty/No Conflict of Interest. Employee hereby acknowledges that he owes a duty of loyalty to Employer and agrees to fulfill that duty as a material condition of initial and/or continued at-will employment. Employee agrees to devote his/her full professional and business time and attention to the business of the Company, to use his/her best efforts to advance the interests, business, and welfare of the Company, and to render his services under this Agreement fully, faithfully, diligently, loyally, competently and to the best of his/her ability. Employee also agrees not to engage in any other employment or business activities during his/her employment by Employer, including but not limited to employment or business activities that compete with the business of the Company or interfere with the ability of the Employee to perform the services and discharge the responsibilities required of him/her under this Agreement. Employee agrees to act in the course of Employee’s duties solely in the best interest of Employer, and to refrain from taking part in any transaction in which the Employee does not believe in good faith that he can fulfill his duty of loyalty and fiduciary responsibility to employer. Employee also agrees to disclose any material, financial, or other beneficial interest, including any ownership interest of 1% or more, that Employee or any member of Employee’s family (parents, spouse, siblings, and children) has in any client or other individual or company that in any way does business with Employer, and otherwise shall disclose any transaction with Employer that would result in any benefit to Employee or Employee’s family.

Duty of Loyalty/No Conflict of Interest. Employee hereby acknowledges that he owes a duty of loyalty to Employer and agrees to fulfill that duty as a material condition of initial and/or continued at-will employmentemployment hereunder. Employee agrees to devote his/her his full professional and business time and attention to the business of the CompanyEmployer, to use his/her his best efforts to advance the interests, business, and welfare of the CompanyEmployer, and to render his services under this Agreement fully, faithfully, diligently, loyally, competently and to the best of his/her his ability. Employee also agrees not to engage in any other employment or business activities during his/her his employment by Employer, including but not limited to employment or business activities that compete with the business of the Company Employer or interfere with the ability of the Employee to perform the services and discharge the responsibilities required of him/her him under this Agreement, provided that nothing herein shall prevent Employee from (i) engaging in any civic or charitable activity or (ii) investing in any entity which conducts business similar to that of Employer, solely as a passive or minority investor. Employee agrees to act in the course of Employee’s duties solely in the best interest of Employer, and to refrain from taking part in any transaction in which the Employee does not believe in good faith that he can fulfill his duty of loyalty and fiduciary responsibility to employerEmployer. Employee also agrees to disclose any material, financial, or other beneficial interest, including any ownership interest of 1% or more, that Employee or any member of Employee’s family (parents, spouse, siblings, and children) has in any client known to Employee to be a client or other individual or company that in any way does business with Employer (provided that Employee knows that such individual or company does business with Employer), and otherwise shall disclose any transaction with Employer that would result in any benefit to Employee or Employee’s family.

Duty of Loyalty/No Conflict of Interest. Employee hereby acknowledges that he he/she owes a duty of loyalty to Employer and agrees to fulfill that duty as a material condition of initial and/or continued at-will employment. Employee agrees to devote his/her full professional and business time and attention to the business of the Company, to use his/her best efforts to advance the interests, business, and welfare of the Company, and to render his services under this Agreement fully, faithfully, diligently, loyally, competently and to the best of his/her ability. Employee also agrees not to engage in any other employment or business activities during his/her employment by Employer, including but not limited to employment or business activities that compete with the business of the Company or interfere with the ability of the Employee to perform the services and discharge the responsibilities required of him/her under this Agreement. Employee agrees to act in the course of Employee’s 's duties solely in the best interest of Employer, and to refrain from taking part in any transaction in which the Employee does not believe in good faith that he he/she can fulfill his his/her duty of loyalty and fiduciary responsibility to employer. Employee also agrees to disclose any material, financial, or other beneficial interest, including any ownership interest of 1% or more, that Employee or any member of Employee’s 's family (parents, spouse, siblings, and children) has in any client or other individual or company that in any way does business with Employer, and otherwise shall disclose any transaction with Employer that would result in any benefit to Employee or Employee’s 's family.