Duty to Perform Services. So long as Executive is employed by the Company or the Bank, Executive agrees to devote his full business and productive time, skill, and energy diligently, loyally, effectively, and to the best of his ability to the rendering of services to the Company and the Bank, and will exert his best efforts in the rendering of such services. This provision will not prohibit Executive from: (a) making passive investments or serving as a fiduciary with respect to direct family investments; (b) serving on the board of directors of any company, provided that Executive shall not render any material services with respect to the operations or affairs of any such company and provided further that serving on such board of directors does not otherwise violate the terms of this Agreement, including, but not limited to, the provisions of Section 4.2 herein; or (c) engaging in religious, charitable or other community or non-profit activities which do not impair Executive’s ability to fulfill his duties and responsibilities to the Company and Bank. Executive agrees that in the rendering of all services to the Company and the Bank and in all aspects of his employment, he will comply with all directives, policies, standards, and regulations from time to time established by the Company or the Bank or by applicable law.
Appears in 2 contracts
Samples: Executive Employment Agreement (Bancorp Rhode Island Inc), Executive Employment Agreement (Bancorp Rhode Island Inc)
Duty to Perform Services. So long as Executive is employed by the Company or and the Bank, Executive agrees to devote his full business and productive time, skill, and energy diligently, loyally, effectively, and to the best of his ability to the rendering of services service to the Company and the Bank, and will exert his best efforts in the rendering of such services. This provision will not prohibit Executive from:
(a) making passive investments or serving as a fiduciary with respect to direct family investments;
(b) serving on the board of directors of any company, provided that Executive shall not render any material services with respect to the operations or affairs of any such company and provided further that serving on such board of directors does not otherwise violate the terms of this Agreement, including, but not limited to, the provisions of Section 4.2 herein; or
(c) engaging in religious, charitable or other community or non-profit activities which do not impair Executive’s 's ability to fulfill his duties and responsibilities to the Company and Bank. Executive agrees that in the rendering of all services to the Company and the Bank and in all aspects of his employment, in connection with his duties as Executive Vice President and Chief Lending Officer, he will comply with all directives, policies, standards, and regulations from time to time established by the Company or the Bank or by applicable law.
Appears in 1 contract
Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)
Duty to Perform Services. So long as Executive is employed by the Company or the Bank, Executive agrees to devote his full business and productive time, skill, and energy diligently, loyally, effectively, and to the best of his ability to the rendering of services to the Company and the Bank, and will exert his best efforts in the rendering of such services. This provision will not prohibit Executive from:
(a) making passive investments or serving as a fiduciary with respect to direct family investments;
(b) serving on the board of directors of any company, provided that Executive shall not render any material services with respect to the operations or affairs of any such company and provided further that serving on such board of directors does not otherwise violate the terms of this Agreement, including, but not limited to, the provisions of Section 4.2 herein; or
(c) engaging in religious, charitable or other community or non-profit activities which do not impair Executive’s 's ability to fulfill his duties and responsibilities to the Company and Bank. <PAGE 2> Executive agrees that in the rendering of all services to the Company and the Bank and in all aspects of his employment, he will comply with all directives, policies, standards, and regulations from time to time established by the Company or the Bank or by applicable law.
Appears in 1 contract
Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)
Duty to Perform Services. So long as Executive is employed by the Company or the Bank, Executive agrees to devote his full business and productive time, skill, and energy diligently, loyally, effectively, and to the best of his ability to the rendering of services service to the Company and the Bank, and will exert his best efforts in the rendering of such services. This provision will not prohibit Executive from:
(a) making passive investments or serving as a fiduciary with respect to direct family investments;
(b) serving on the board of directors of any company, provided that Executive shall not render any material services with respect to the operations or affairs of any such company and provided further that serving on such board of directors does not otherwise violate the terms of this Agreement, including, but not limited to, the provisions of Section 4.2 herein; or
(c) engaging in religious, charitable or other community or non-profit activities which do not impair Executive’s 's ability to fulfill his duties and responsibilities to the Company and Bank. Executive agrees that in the rendering of all services to the Company and the Bank and in all aspects of his employment, in connection with his duties as Senior Vice President of Retail Banking, he will comply with all directives, policies, standards, and regulations from time to time established by the Company or the Bank or by applicable law.
Appears in 1 contract
Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)
Duty to Perform Services. So long as Executive is employed by the Company or the Bank, Executive agrees to devote his her full business and productive time, skill, and energy diligently, loyally, effectively, and to the best of his her ability to the rendering of services to the Company and the Bank, and will exert his her best efforts in the rendering of such services. This provision will not prohibit Executive from:
(a) making passive investments or serving as a fiduciary with respect to direct family investments;
(b) serving on the board of directors of any company, provided that Executive shall not render any material services with respect to the operations or affairs of any such company and provided further that serving on such board of directors does not otherwise violate the terms of this Agreement, including, but not limited to, the provisions of Section 4.2 herein; or
(c) engaging in religious, charitable or other community or non-profit activities which do not impair Executive’s ability to fulfill his her duties and responsibilities to the Company and the Bank. Executive agrees that in the rendering of all services to the Company and the Bank and in all aspects of his employment, he her employment she will comply with all directives, policies, standards, and regulations from time to time established by the Company or the Bank or by applicable law.
Appears in 1 contract
Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)
Duty to Perform Services. So long as Executive is employed by the Company or and the Bank, Executive agrees to devote his full business and productive time, skill, and energy diligently, loyally, effectively, and to the best of his ability to the rendering of services service to the Company and the Bank, and will exert his best efforts in the rendering of such services. This provision will not prohibit Executive from:
(a) making passive investments or serving as a fiduciary with respect to direct family investments;
(b) serving on the board of directors of any company, provided that Executive shall not render any material services with respect to the operations or affairs of any such company and provided further that serving on such board of directors does not otherwise violate the terms of this Agreement, including, but not limited to, the provisions of Section 4.2 herein; or
(c) engaging in religious, charitable or other community or non-profit activities which do not impair Executive’s 's ability to fulfill his duties and responsibilities to the Company and Bank. Executive agrees that in the rendering of all services to the Company and the Bank and in all aspects of his employment, in connection with his duties as Chief Financial Officer, he will comply with all directives, policies, standards, and regulations from time to time established by the Company or the Bank or by applicable law.
Appears in 1 contract
Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)
Duty to Perform Services. So long as Executive is employed by the Company or the Bank, Executive agrees to devote his her full business and productive time, skill, and energy diligently, loyally, effectively, and to the best of his her ability to the rendering of services service to the Company and the Bank, and will exert his her best efforts in the rendering of such services. This provision will not prohibit Executive from:
(a) making passive investments or serving as a fiduciary with respect to direct family investments;
(b) serving on the board of directors of any company, provided that Executive shall not render any material services with respect to the operations or affairs of any such company and provided further that serving on such board of directors does not otherwise violate the terms of this Agreement, including, but not limited to, the provisions of Section 4.2 herein; or
(c) engaging in religious, charitable or other community or non-profit activities which do not impair Executive’s 's ability to fulfill his her duties and responsibilities to the Company and Bank. Executive agrees that in the rendering of all services to the Company and the Bank and in all aspects of his her employment, he in connection with her duties as Executive Vice President of Finance and Treasurer, she will comply with all directives, policies, standards, and regulations from time to time established by the Company or the Bank or by applicable law.
Appears in 1 contract
Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)
Duty to Perform Services. So long as Executive is employed by the Company or and the Bank, Executive agrees to devote his full business and productive time, skill, and energy diligently, loyally, effectively, and to the best of his ability to the rendering of services service to the Company and the Bank, and will exert his best efforts in the rendering of such services. This provision will not prohibit Executive from:
(a) making passive investments or serving as a fiduciary with respect to direct family investments;
(b) serving on the board of directors of any company, provided that Executive shall not render any material services with respect to the operations or affairs of any such company and provided further that serving on such board of directors does not otherwise violate the terms of this Agreement, including, but not limited to, the provisions of Section 4.2 herein; or
(c) engaging in religious, charitable or other community or non-profit activities which do not impair Executive’s ability to fulfill his duties and responsibilities to the Company and Bank. Executive agrees that in the rendering of all services to the Company and the Bank and in all aspects of his employment, in connection with his duties as Executive Vice President and Chief Lending Officer, he will comply with all directives, policies, standards, and regulations from time to time established by the Company or the Bank or by applicable law.
Appears in 1 contract
Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)