Employee Undertakings. The Receiving Party shall obtain from any and all of its employees to whom the Confidential Information or any part of it is to be disclosed or to whom the Confidential Information may be accessible, undertakings to the Disclosing Party which are enforceable by it and are binding upon those employees to the same extent as this Agreement is binding upon the Receiving Party. The Disclosing Party shall not disclose any Confidential Information until any and all undertakings as described in sub-Clause 4.1 have been obtained and provided to it by the Receiving Party.
Employee Undertakings. 1.2.1 Employee accepts such employment and shall devote his full time, attention, and best efforts to the diligent performance of his duties herein specified and as an officer of the Bank. While employed by Employer, the Employee will not, without the prior express consent of the Chairman of the board of directors, accept employment with any other individual, corporation, partnership, governmental authority or other entity, or engage in any other venture for profit which Employer or the Bank Board may consider to be in conflict with the best interests of the Bank or to be in competition with the Bank, or which may interfere in any way with the Employee's performance of his duties hereunder. It is understood that Employee does have the right to participate in passive investments including income producing real estate that do not conflict with the interest of the Bank.
Employee Undertakings i) You agree to reaffirm and abide by your acknowledged fiduciary obligation to cooperate with the Company in the event of and in connection with matters relating to the Company including without limitation a restructuring (any business or capital restructuring), refinancing or sale of the Company or a significant interest therein (including but not limited to an actual or potential change of control) including, but not limited to, your obligations to:
Employee Undertakings. 4.1 Employee undertakes to fulfill his duties honestly, faithfully and loyally, and to devote to his work and to promote the Company's affairs all his energy, knowledge, time, expertise, and abilities.
Employee Undertakings. 1.2.1 Employee accepts such employment and shall devote his full time, attention, and best efforts to the diligent performance of his duties herein specified and as an officer of the Holding Company. While employed by Employer, the Employee will not, without the prior express consent of the Chief Executive Officer, accept employment with any other individual, corporation, partnership, governmental authority or other entity, or engage in any other venture for profit which Employer or the Holding Company Board may consider to be in conflict with the best interests of the Holding Company or to be in competition with the Holding Company, or which may interfere in any way with the Employee's performance of his duties hereunder. It is understood that Employee does have the right to participate in passive investments including income producing real estate that does not conflict with the interest of the Banks or Bank Holding Company.
Employee Undertakings. (a) Occupational Health and Safety and Environmental Employees undertake to co-operate with, and assist management in the enforcement of all statutory regulations, and Company policies and procedures in respect to Occupational Health, Safety and Environment. To this end, employees will, in particular ensure that all truck drivers wear regulation hard hats and adequate safe footwear when unloading trucks.
Employee Undertakings. 3.1 The Vendor shall, before any permitted disclosures are made to any employees pursuant to Clause 2.2(1), inform such employees of the Vendor’s obligations under this Agreement and bind such employees to observe the terms of this Agreement.
Employee Undertakings. 1.2.1 Employee accepts such employment and shall devote his full time, attention, and best efforts to the diligent performance of his duties herein specified and as an officer and director of the Holding Company. While employed by Employer, the Employee will not, without the prior express consent of the Holding Company Board, accept employment with or serve on the Board of any other individual, corporation, partnership, governmental authority or other entity, or engage in any other venture for profit which Employer or the Holding Company Board may consider to be in conflict with the best interests of the Holding Company or to be in competition with the Holding Company, or which may interfere in any way with the Employee's performance of his duties hereunder. It is understood that Employee does have the right to participate in passive investments including income producing real estate that does not conflict with the interest of the banks or bank holding company.
Employee Undertakings. The Shareholder shall deliver to the Purchaser, no later than August 15, 2005, written undertakings, in form and substance satisfactory to the Purchaser, from each employee of the Company, whereby such employee agrees to deliver to the Company, or cause his or her bank, broker-dealer or other third party, as the case may be, to automatically transfer to the Company, without deduction, by irrevocable written instruction, all revenues derived by such employee as a registered representative, registered investment adviser or otherwise, to an account in the name of the Company.
Employee Undertakings. 1. For a period of one year after the Settlement Date, the Offeror shall, or shall cause the Group to, provide the employees of the Group (the “Company Employees”) with: (a) annual salary or hourly wage rates for each Company Employee that are no less than those provided by the Group to such Company Employee immediately prior to the Settlement Date and (b) employee benefits at such levels, and such costs to the Company Employees, that are, in the aggregate, no less favourable on a per-capita basis than such benefits (at such levels and such costs) provided under the employee benefit plans maintained by the Group immediately prior to the Settlement Date which (i) with respect to such plans maintained for the benefit of the Company Employees who provide services predominantly within the United States, are set out on Schedule 9.3.4(b) (such plans described in this clause (i), the “US Plans”), and (ii) with respect to such plans maintained for the benefit of Company Employees who provide services predominantly outside the United States, are in effect immediately prior to the Settlement Date (such plans described in this clause (ii), the “NonUS Plans,” and, collectively with the US Plans, the “Group Plans”); provided, however, that for purposes of determining the benefits to be provided pursuant to this paragraph 1(b), the Offeror shall not be required to take into account benefits provided under any material NonUS Plans that either (x) are not listed on a Schedule to be prepared by the Group no later than 15 business days after the date hereof, or (y) are listed on such Schedule, but the costs of such plans have not otherwise been included in the relevant financial statements or operating budgets of the Group, unless such listed NonUS Plans are otherwise approved by Offeror within 15 business days after receipt from the Group (such approval not to be unreasonably withheld). Notwithstanding any of the foregoing, the Offeror shall not be deemed to be in breach of its obligations under this paragraph 1 if the Offeror, at the Offeror’s option, changes the benefits it otherwise is required to provide hereunder to reflect one or more sets of amendments (which, for the avoidance of doubt, shall include the proposed freeze of the U.S. defined benefit pension plan and corresponding enhanced contributions to the U.S. defined contribution plan as contemplated under the Project Forward presentation furnished to the Offeror as a single set of amendments) to the benefit pro...
