EXECUTIVE'S COMMITMENT Clause Samples

EXECUTIVE'S COMMITMENT. During Executive’s employment with the Company, Executive will not undertake or engage in any other employment, occupation or business enterprise inconsistent with his obligations under this Agreement except for Executive’s service in an executive or board position with organizations, and their respective subsidiaries and/or affiliates, and/or other companies Executive currently has ownership, management responsibilities and/or other relationships with, as approved and added to this document in Exhibit B. Subject to the foregoing, Executive agrees not to acquire, assume, or participate in, directly or indirectly, any position, investment, or interest in the Territory adverse or antagonistic to the Company, its business or prospects, financial or otherwise, or take any action towards any of the foregoing. The provisions of this Section shall not prevent Executive from owning shares of any entity engaging in Competitive Business Activity, so long as such shares (i) do not constitute more than 5% of the outstanding equity of such competitor, and (ii) are regularly traded on a national securities exchange or quoted for trading by the NASDAQ Stock Market.

EXECUTIVE'S COMMITMENT. Executive shall consider his employment by the Company as his principal employment, shall devote the necessary time and attention to his duties and responsibilities under this Agreement, and shall perform them to the best of his abilities. While subject to any provisions of this Agreement, Executive shall maintain loyalty to the Company, and shall take no action which would directly or indirectly promote any competitor without the approval of the Company, or injure any of the Company's interests. Subject to the foregoing and Section 7 below, Executive may engage in other charitable, civic, or business activities to the extent that they do not interfere with his obligations under this Agreement, provided that Executive's participation in those activities shall be subject to the Company's ongoing approval.

EXECUTIVE'S COMMITMENT. The Executive is also involved in various roles for the following entities:

EXECUTIVE'S COMMITMENT. The Executive agrees that subsequent to the period of employment with the Company, the Executive will not at any time communicate or disclose to any unauthorized person, without the written consent of the Company, any proprietary processes of the Company, or any subsidiary, or other confidential information concerning their business, affairs, products, supplies, or customers, which, if disclosed, would have a material adverse effect upon the business or operations of the Company and its subsidiaries, taken as a whole; it being understood, however, that the obligations of this Section 5.1 shall not apply to the extent that the aforesaid matters (a) are disclosed in circumstances in which the Executive is legally required to do so, or (b) become generally known to and available for use by the public otherwise than by the Executive's wrongful act or omission.

EXECUTIVE'S COMMITMENT. During Executive’s employment with the Company, Executive will not undertake or engage in any other employment, occupation or business enterprise inconsistent with his obligations under this Agreement except for Executive’s service in an executive or board position with organizations, and their respective subsidiaries and/or affiliates. Subject to the foregoing, Executive agrees not to acquire, assume, or participate in, directly or indirectly, any position, investment, or interest in the Territory adverse or antagonistic to the Company, its business or prospects, financial or otherwise, or take any action towards any of the foregoing. The provisions of this Section shall not prevent Executive from owning shares of any entity engaging in Competitive Business Activity, so long as such shares (i) do not constitute more than 5% of the outstanding equity of such competitor, and (ii) are regularly traded on a national securities exchange or quoted for trading by the NASDAQ Stock Market.

EXECUTIVE'S COMMITMENT. Executive commits to the Company that he will ---------------------- remain as an employee of the Company for the full period of this Agreement.

EXECUTIVE'S COMMITMENT. The Executive agrees that subsequent to his period of employment with the Bank, the Executive will not at any time communicate or disclose to any unauthorized person, without the written consent of the Bank, any proprietary processes of the Bank or other confidential information concerning its business, affairs, products, suppliers or customers which, if disclosed, would have a material adverse effect upon the business or operations of the Bank, taken as a whole; it being understood, however, that the obligations under this Section 14 shall not apply to the extent that the aforesaid matters (i) are disclosed in circumstances where the Executive is legally required to do so or (ii) become generally known to, and available for use by, the public otherwise than by the Executive's wrongful act or omission.

EXECUTIVE'S COMMITMENT. During the Executive’s employment with the Company, the Executive will: (a) diligently, honestly and faithfully serve the Company and use their best efforts to promote and advance the interests of the Company; (b) perform their Duties in accordance with applicable laws and in accordance with the Company’s policies and procedures as established and updated by the Company from time to time; and (c) not be engaged, employed or associated with any other business venture without the written consent of the Company’s CEO.

EXECUTIVE'S COMMITMENT. The Executive is also involved in various roles for the following entities: Triadium Holdings, LLC Travel Gateway Solutions, LLC ▇▇▇▇ ▇▇▇▇▇▇ Center For Childhood Services, Inc. Section 4.01 - Modified to add last sentence as shown below: Termination by the Company for Reasons Other Than Cause. If the Company terminates the employment of Executive and such termination is not for Cause (a “Termination by the Company for Reasons Other Than Cause”), then, the Company shall pay to Executive an amount equal to Executive’s Annual Compensation at the time of such termination plus (i) if the termination is during the first three years of this Agreement, the annual cash portion of the Incentive Compensation that was paid to him in the last Performance Year or (ii) if the termination is after the first three years of this Agreement, the average of the annual cash portion of the Incentive Compensation that was paid to him in the last three Performance Years. Such amount shall be paid to Executive in no event later than sixty (60) days after the date of such termination. To the extent that Executive is not fully vested in Benefits from any pension or any other retirement plan or program (whether tax qualified or not) maintained by the Company, the Company shall obtain and pay the premium upon an annuity policy to provide Executive with Benefits as though he had been fully vested on the date that his employment terminated. Further, in the event of Termination by the Company for Reasons Other Than Cause, the Company shall have no Call Option with respect to Executive Stock. See Exhibit A for full disclosure of the compensation. Exhibit A – Revised as follows: