Common use of ENGAGEMENT IN OTHER EMPLOYMENT Clause in Contracts

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Bank and Agency during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank and Agency or any of their subsidiaries or affiliates, (b) being involved in any charitable or civic activity, or (c) being involved in any other activity with the prior approval of the Boards of Directors of

Appears in 2 contracts

Samples: Employment Agreement (Sun Bancorp Inc), Employment Agreement (Sun Bancorp Inc)

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ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Corporation and Bank and Agency during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s 's personal assets in enterprises that do not compete with Corporation, Bank and Agency or any of their subsidiaries or affiliates, affiliates or (b) being involved in any charitable or civic activity, or (c) being involved in any other activity with the prior approval of the Boards of Directors of

Appears in 2 contracts

Samples: Employment Agreement (Sun Bancorp Inc), Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Bank and Agency Services Company during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank and Agency Bank, Services Company or any of their subsidiaries or affiliates, affiliates or (b) being involved in any charitable or civic other activity, or (c) being involved in any other activity with the prior approval of the Boards of Directors of

Appears in 2 contracts

Samples: Employment Agreement (Sun Bancorp Inc), Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his her full time, attention and energies to the business of Corporation, Bank and Agency Services Company during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank and Agency Bank, Services Company or any of their subsidiaries or affiliates, affiliates or (b) being involved in any charitable or civic activity, or (c) being involved in any other activity with the prior approval of the Boards of Directors ofof Corporation,

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his her full time, attention and energies to the business of Corporation, Bank and Agency during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank and Agency or any of their subsidiaries or affiliates, (b) being involved in any charitable or civic activity, or (c) being involved in any other activity with the prior approval of the Boards of Directors of

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Bank and Agency Services Corporation during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank and Agency Services Corporation or any of their subsidiaries or affiliates, (b) being involved in any charitable or civic activity, or (c) being involved in any other activity with the prior approval of the Boards of Directors of

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his her full time, attention and energies to the business of Corporation, Corporation and Bank and Agency during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s 's personal assets in enterprises that do not compete with Corporation, Bank and Agency or any of their subsidiaries or affiliates, affiliates or (b) being involved in any charitable or civic activity, or (c) being involved in any other activity with the prior approval of the Boards of Directors of

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

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ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Bank and Agency Services Company during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank and Agency Bank, Services Company or any of their subsidiaries or affiliates, affiliates or (b) being involved in any charitable or civic activity, or (c) being involved in any other activity with the prior approval of the Boards of Directors ofof Corporation,

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Corporation and Bank and Agency during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank and Agency or any of their subsidiaries or affiliates, affiliates or (b) being involved in any charitable or civic activity, or (c) being involved in any other activity with the prior approval of the Boards of Directors ofBoards

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Bank and Agency Services Company during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank and Agency Bank, Services Company or any of their subsidiaries or affiliates, (b) being involved in any charitable or civic activity, or (c) being involved in any other activity with the prior approval of the Boards of Directors ofany

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

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