Common use of Employee to Devote Full Time to Company Clause in Contracts

Employee to Devote Full Time to Company. The Employee will devote full time, attention, and energies to the business of the Company, and, during this employment, will not engage in any other business activity, regardless of whether such activity is pursued for profit, gain, or other pecuniary advantage, unless approved in advance by the majority of Directors. Unless otherwise provided below, employee is not prohibited from making personal investments in any other businesses provided those investments do not require active involvement in the operation of said companies. Employee is precluded from making an investment into any of our direct competitors if such investment is a material portion of the Employee’s total investment portfolio.

Appears in 4 contracts

Samples: Employment Agreement (Digital Extreme Technologies, Inc.), Employment Agreement (Digital Extreme Technologies, Inc.), Employment Agreement (Digital Extreme Technologies, Inc.)

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Employee to Devote Full Time to Company. The Employee will devote full time, attention, and energies to the business of the Company, and, and during this employment, will not engage in any other business activity, regardless of whether such activity is pursued for profit, gain, or other pecuniary advantage, unless approved in advance by the majority of Directors. Unless otherwise provided below, employee is not prohibited from making personal investments in any other businesses provided those investments do not require active involvement in the operation of said companies. Employee is precluded from making an investment into any of our direct competitors if such investment is a material portion of the Employee’s 's total investment portfolio.

Appears in 1 contract

Samples: Employment Agreement (Exeo Entertainment, Inc.)

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Employee to Devote Full Time to Company. The Employee will devote full time, attention, and energies to the business of the Company, and, during this employment, will not engage in any other business activity, regardless of whether such activity is pursued for profit, gain, or other pecuniary advantage, unless approved in advance by the majority of Directors. Unless otherwise provided below, employee is not prohibited from making personal investments in any other businesses provided those investments do not require active involvement in the operation of said companies. Employee is precluded from making an investment into any of our direct competitors if such investment is a material portion of the Employee’s 's total investment portfolio.

Appears in 1 contract

Samples: Employment Agreement (Exeo Entertainment, Inc.)

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