Executive’s Outside Roles Clause Samples
Executive’s Outside Roles. (a) Executive consulting projects or Board roles outside of the Company. The Executive may, from time to time, have projects and work for other businesses through consulting projects outside of the Company, and the Executive may sit on Boards of outside companies both private or public which are in any industry or the industry in which the Company does business, provided that, in either case, neither such outside activities for other businesses may materially interfere with Executive’s duties to Company hereunder or directly compete with the Company. The Executive shall notify the Company of any outside business activities and obtain prior written consent of the Board which consent shall not be unreasonable be withheld to engage in such activities during the term of the Agreement.
Executive’s Outside Roles. (a) Executive consulting projects or Board roles outside of the Company. The Executive can from time to time have projects and work for other businesses through consulting projects outside of the Company. The Executive may sit on Boards of outside companies both private or public which are in any industry or the industry in which the Company does business. Where there is a conflict of interest between the Company and the consulting project that the Executive or the Board of an outside company, then the Executive shall notify the Company for a review of the project or Board and make a determination if the Executive should remain on the Board or continue the consulting project, which shall be at the sole discretion of the Company Board. Current Outside roles: Board of Directors = Mediasmith, TD Foundation, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Board of Advisors: S4 Capital, S4S, Vue Planner
(b) Executive shall hold the Company harmless for non-Company activity. The Executive shall indemnify and hold the Company, its employees, and shareholders harmless for all activity that he/she performs in the scope of section 1.3(a).
Executive’s Outside Roles. (a) The Executive can from time to time have projects and work for other businesses through consulting projects outside of the Company. The Executive may sit on Boards of outside companies both private or public which are in any industry or the industry in which the Company does business. Where there is a conflict of interest between the Company and the consulting project that the Executive or the Board of an outside company, then the Executive shall notify the Company for a review of the project or Board and the Company shall make, in its sole reasonable discretion, a determination if the Executive should remain on the Board or continue the consulting project, which shall be at the sole discretion of the Company Board. Executive shall hold the Company harmless