Common use of Exclusivity of Employment Clause in Contracts

Exclusivity of Employment. Executive agrees that his employment hereunder is on an exclusive basis, and that during the Employment Term, he will not engage in any other business activity. Notwithstanding the foregoing, nothing in this Agreement shall preclude Executive from serving on the Boards of Directors of other corporations (subject to the approval of the Board which shall not be unreasonably withheld), from engaging in charitable and public service activities, or engaging in speaking and writing activities, or from managing his personal investments, provided that such activities are disclosed in writing to the Board in a notice that references this provision and do not interfere with Executive's availability or ability to perform his duties and responsibilities hereunder.

Appears in 6 contracts

Samples: And Restated Employment Agreement (ASG Consolidated LLC), And Restated Employment Agreement (ASG Consolidated LLC), Employment Agreement (American Seafoods Inc)

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Exclusivity of Employment. Executive agrees that his employment hereunder is on an exclusive basis, and that during the Employment Term, he will not engage in any other business activity. Notwithstanding the foregoing, nothing in this Agreement shall preclude Executive from (i) serving on the Boards boards of Directors directors of other corporations (subject to the approval of the Board which shall not be unreasonably withheld), from (ii) engaging in charitable and public service activities, or (iii) engaging in speaking and writing activities, or (iv) from managing his personal investments, provided that such activities are disclosed in writing to the Board in a notice that references this provision and do not interfere with Executive's availability or ability to perform his duties and responsibilities hereunder.

Appears in 4 contracts

Samples: Employment Agreement (American Seafoods Corp), Employment Agreement (American Seafoods Corp), Employment Agreement (American Seafoods Corp)

Exclusivity of Employment. Executive agrees that his employment hereunder is on an exclusive basis, and that during the Employment Term, he will not engage in any other business activity. Notwithstanding the foregoing, nothing in this Agreement shall preclude Executive from serving on the Boards Board of Directors of other corporations (subject to the approval of the Board which shall not be unreasonably withheld), from engaging in charitable and public service activities, or engaging in speaking and writing activities, or from managing his personal investments, provided that such activities are disclosed in writing to the Board in a notice that references this provision and do not interfere with Executive's availability or ability to perform his duties and responsibilities hereunder.

Appears in 2 contracts

Samples: And Restated Employment Agreement (ASG Consolidated LLC), Employment Agreement (American Seafoods International LLC)

Exclusivity of Employment. Executive agrees that his employment hereunder is on an exclusive basis, and that during the Employment Term, he will not engage in any other business activity. Notwithstanding the foregoing, nothing in this Agreement shall preclude Executive from (i) serving on the Boards boards of Directors directors of other corporations (subject to the approval of the Board which shall not be unreasonably withheld), from (ii) engaging in charitable and public service activities, or (iii) engaging in speaking and writing activities, or (iv) from managing his personal investments, provided that such activities are disclosed in writing to the Board in a notice that references this provision and do not interfere with Executive's availability or ability to perform his duties and responsibilities hereunder.

Appears in 1 contract

Samples: Employment Agreement (American Seafoods Corp)

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Exclusivity of Employment. Executive agrees that his employment hereunder is on an exclusive basis, and that during the Employment Term, he will not engage in any other business activity. Notwithstanding the foregoing, nothing in this Agreement shall preclude Executive from serving on the Boards of Directors of other corporations (subject to the approval of the Board which shall not be unreasonably withheld), from engaging in charitable and public service activities, or engaging in speaking and writing activities, or from managing his personal investments, provided that such activities are disclosed in writing to the Board in a notice that references this provision and do not interfere with ExecutiveExecutve's availability or ability to perform his duties and responsibilities hereunder.

Appears in 1 contract

Samples: Employment Agreement (American Seafoods Inc)

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