Common use of Exclusivity of Service Clause in Contracts

Exclusivity of Service. 14.1 You are required to devote your full time, attention, and abilities to your employment, and to act in the best interests of the Company at all times. For this reason, during the term of your employment, you must not, without the Company’s prior written consent (such consent not to be unreasonably withheld), engage or be concerned or interested directly or indirectly in any other trade, business or occupation, including as director, shareholder, principal, consultant, agent, partner or employee of any other person, firm or company (except that you may hold for investment securities that do not exceed 3% in nominal value of the issued share capital or stock of any class of any company quoted on a recognized stock exchange, and otherwise continue your involvement in Key Capital AG as of the date hereof).

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (NDS Group Holdings, LTD)

AutoNDA by SimpleDocs

Exclusivity of Service. 14.1 16.1 You are required to devote your full time, attention, and abilities to your employment, and to act in the best interests of the Company at all times. For this reason, during the term of your employment, you must not, without the Company’s prior written consent (such consent not to be unreasonably withheld), engage or be concerned or interested directly or indirectly in any other trade, business or occupation, including as director, shareholder, principal, consultant, agent, partner or employee of any other person, firm or company (except that you may hold for investment securities that do not exceed 3% in nominal value of the issued share capital or stock of any class of any company quoted on a recognized stock exchange, and otherwise continue your involvement in Key Capital AG as of the date hereof).

Appears in 1 contract

Samples: Employment Agreement (NDS Group Holdings, LTD)

AutoNDA by SimpleDocs

Exclusivity of Service. 14.1 10.1 You are required to devote your full time, attention, and abilities to your employment, and to act in the best interests of the Company at all times. For this reason, during the term of your employment, you must not, without the Company’s prior written consent (such consent not to be unreasonably withheld), engage or be concerned or interested directly or indirectly in any other trade, business or occupation, including as director, shareholder, principal, consultant, agent, partner or employee of any other person, firm or company (except that you may hold for investment securities that do not exceed 3% in nominal value of the issued share capital or stock of any class of any company quoted on a recognized stock exchange, and otherwise continue your involvement in Key Capital AG JVP Consulting (Israel) Limited as of the date hereofa partner and in EPOS Development Limited as a board member).

Appears in 1 contract

Samples: Employment Agreement (NDS Group Holdings, LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!