Common use of ENGAGEMENT IN OTHER EMPLOYMENT Clause in Contracts

ENGAGEMENT IN OTHER EMPLOYMENT. The Executive shall devote all his ability and attention to the business of the Bank during the term of this Agreement. The Executive shall, during the term of this Agreement, notify the Bank’s Board of Directors in writing and receive written approval from the Executive’s Supervisor before the Executive engages in any other business or commercial activities, duties or pursuits, including but not limited to, directorships of other companies. Under no circumstance, during the term of this Agreement, may the Executive engage in any business or commercial activities, duties or pursuits which compete with the business or commercial activities of the Employer, nor may the Executive serve as a director or officer or in any other capacity in a company which competes with the Employer, Executive shall not be precluded, however, from engaging in voluntary or philanthropic endeavors, from engaging in activities designed to maintain and improve his professional skills, or from engaging in activities incident or necessary to personal investments, so long as they are, in the Bank’s Board of Director’s reasonable opinion, not in conflict with or detrimental to the executive’s rendition of services on behalf of the Bank. Executive shall not serve as fiduciary in connection with the administration of any trust, estate, agency or other fiduciary relationship without the prior approval from the Bank’s Board of Directors, other than as a fiduciary on behalf of, or in connection with, the settlement of an estate of a member of the Executive’s immediate family (i.e., spouse, parent, child, or sibling).

ENGAGEMENT IN OTHER EMPLOYMENT. The Executive shall devote all his working time, ability and attention to the business of the Corporation and the Bank during the term of this Agreement. The Executive shall, during the term of this Agreement, notify the Bank’s Board of Directors of the Corporation and the Bank in writing and receive written approval from the Executive’s Supervisor Corporation and Bank before the Executive engages in any other business or commercial activities, duties or pursuits, including including, but not limited to, directorships of other companies. Under no circumstance, during the term of this Agreement, may the Executive engage in any business or commercial activities, duties or pursuits which compete with the business or commercial activities of the EmployerCorporation and the Bank, nor may the Executive serve as a director or officer or in any other capacity in a company which competes with the Employer, Corporation and the Bank. Executive shall not be precluded, however, from engaging in voluntary or philanthropic endeavors, from engaging in activities designed to maintain and improve his professional skills, or from engaging in activities incident or necessary to personal investments, so long as they are, in the Bank’s Board of Director’s Boards' reasonable opinion, not in conflict with or detrimental to the executive’s Executive's rendition of services on behalf of the BankBank and Corporation. Executive shall not serve as fiduciary in connection with the administration of any trust, estate, agency or other fiduciary relationship without the prior approval from the Bank’s Board of Directors's Board, other than as a fiduciary on behalf of, or in connection with, with the settlement of an estate of of, a member of the Executive’s 's immediate family (i.e., spouse, parent, child, or sibling).

ENGAGEMENT IN OTHER EMPLOYMENT. The Executive shall devote all his working time, ability and attention to the business of the Bank during the term of this Agreement. The Executive shall, during the term of this Agreement, notify the Bank’s Board of Directors of the Bank in writing and receive written approval from the Executive’s Supervisor Bank before the Executive engages in any other business or commercial activities, duties or pursuits, including including, but not limited to, directorships of other companies. Under no circumstance, during the term of this Agreement, may the Executive engage in any business or commercial activities, duties or pursuits which compete with the business or commercial activities of the EmployerBank, nor may the Executive serve as a director or officer or in any other capacity in a company which competes with the Employer, Bank. Executive shall not be precluded, however, from engaging in voluntary or philanthropic endeavors, from engaging in activities designed to maintain and improve his professional skills, or from engaging in activities incident or necessary to personal investments, so long as they are, in the Bank’s Board of Director’s Boards' reasonable opinion, not in conflict with or detrimental to the executive’s Executive's rendition of services on behalf of the Bank. Executive shall not serve as fiduciary in connection with the administration of any trust, estate, agency or other fiduciary relationship without the prior approval from the Bank’s Board of Directors's Board, other than as a fiduciary on behalf of, or in connection with, with the settlement of an estate of of, a member of the Executive’s 's immediate family (i.e., spouse, parent, child, or sibling).

ENGAGEMENT IN OTHER EMPLOYMENT. The Executive shall devote all his her working time, ability and attention to the business of the Bank Employers during the term of this Agreement. The Executive shall, during the term of this Agreement, notify the Bank’s Bank Board of Directors in writing and receive written approval from the Executive’s Supervisor Bank before the Executive engages in any other business or commercial activities, duties or pursuits, including including, but not limited to, directorships of other companies. Under no circumstance, during the term of this Agreement, may the Executive engage in any business or commercial activities, duties or pursuits which compete with the business or commercial activities of the EmployerEmployers, nor may the Executive serve as a director or officer or in any other capacity in a company which competes with the Employer, Employers. Executive shall not be precluded, however, from engaging in voluntary or philanthropic endeavors, from engaging in activities designed to maintain and improve his her professional skills, or from engaging in activities incident or necessary to personal investments, so long as they are, in the Bank’s Board of Director’s Bank Board's reasonable opinion, not in conflict with or detrimental to the executive’s Executive's rendition of services on behalf of the BankEmployers. Executive shall not serve as fiduciary in connection with the administration of any trust, estate, agency or other fiduciary relationship without the prior approval from the Bank’s Board of Directors's Board, other than as a fiduciary on behalf of, or in connection with, with the settlement of an estate of of, a member of the Executive’s 's immediate family (i.e., spouse, parent, child, or sibling).

ENGAGEMENT IN OTHER EMPLOYMENT. The Executive shall devote all his ability and attention to the business of the Bank Employers during the term of this Agreement. The Executive shall, during the term of this Agreement, notify the Bank’s Bank Board of Directors in writing and receive written approval from the Executive’s Supervisor Bank before the Executive engages in any other business or commercial activities, duties or pursuits, including including, but not limited to, directorships of other companies. Under no circumstance, during the term of this Agreement, may the Executive engage in any business or commercial activities, duties or pursuits which compete with the business or commercial activities of the EmployerEmployers, nor may the Executive serve as a director or officer or in any other capacity in a company which competes with the Employer, Employers. Executive shall not be precluded, however, from engaging in voluntary or philanthropic endeavors, from engaging in activities designed to maintain and improve his professional skills, or from engaging in activities incident or necessary to personal investments, so long as they are, in the Bank’s Board of Director’s Bank Board's reasonable opinion, not in conflict with or detrimental to the executive’s Executive's rendition of services on behalf of the BankEmployers. Executive shall not serve as fiduciary in connection with the administration of any trust, estate, agency or other fiduciary relationship without the prior approval from the Bank’s Board of Directors's Board, other than as a fiduciary on behalf of, or in connection with, with the settlement of an estate of of, a member of the Executive’s 's immediate family (i.e., spouse, parent, child, or sibling).