Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Company.
Appears in 39 contracts
Samples: Employment Agreement (Auxilium Pharmaceuticals Inc), Employment Agreement (Auxilium Pharmaceuticals Inc), Employment Agreement (Auxilium Pharmaceuticals Inc)
Extent of Service. During the Employment Term, Executive agrees to use Executive’s best efforts to carry out Executive’s the duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, and to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing Executive further agrees not to work either on a part-time or independent contracting basis for any other business or enterprise during the Employment Term without the prior written consent of the Company’s Board of Directors (the “Board”), which consent shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyunreasonably withheld.
Appears in 12 contracts
Samples: Executive Employment Agreement (MaryJane Group, Inc.), Executive Employment Agreement (Pladeo Corp.), Executive Employment Agreement (Pladeo Corp.)
Extent of Service. Executive agrees to use During Executive’s employment under this Agreement, Executive shall devote Executive’s full business time, best efforts and business judgment, skill and knowledge to carry out the advancement of Employer’s business and interests and to the discharge of Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing Executive shall not engage in any other business activity, except as may be approved in writing and in advance by the Board; provided, however, that nothing in this agreement shall be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Company.from:
Appears in 10 contracts
Samples: Employment Agreement (First Foundation Inc.), Employment Agreement (First Foundation Inc.), Employment Agreement (First Foundation Inc.)
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses serving on the board of philanthropic organizations, or enterprisesproviding oversight with respect to his personal investments, provided that Executive agrees so long as such service does not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to materially interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyhereunder.
Appears in 10 contracts
Samples: Employment Agreement (Penn National Gaming Inc), Employment Agreement (Penn National Gaming Inc), Employment Agreement (Penn National Gaming Inc)
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 1.2 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s his business time, attention and energy theretoto the performance of his duties hereunder. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprisesterm “devote all of his business time, provided that Executive agrees not to become engaged in any other business activity which, attention and energy” in the reasonable judgment of the Board, preceding sentence is likely not intended to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Company.prevent Executive from:
Appears in 7 contracts
Samples: Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust)
Extent of Service. During the Employment Term, Executive agrees to use Executive’s 's best efforts to carry out Executive’s the duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, and to devote substantially all of Executive’s 's business time, attention and energy thereto. The foregoing Executive further agrees not to work either on a part-time or independent contracting basis for any other business or enterprise during the Employment Term without the prior written consent of the Company's Board of Directors (the "Board"), which consent shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyunreasonably withheld.
Appears in 5 contracts
Samples: Executive Employment Agreement (Inform Worldwide Holdings Inc), Executive Employment Agreement (Callisto Pharmaceuticals Inc), Executive Employment Agreement (Callisto Pharmaceuticals Inc)
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making passive investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Company.
Appears in 4 contracts
Samples: Employment Agreement (NxStage Medical, Inc.), Employment Agreement (NxStage Medical, Inc.), Employment Agreement (NxStage Medical, Inc.)
Extent of Service. During the Employment Term, Executive agrees to use Executive’s best efforts to carry out Executive’s the duties and responsibilities under Section 1.1 hereof andand shall devote such time Executive deems is reasonably necessary to perform his duties hereunder. To that end, consistent the Company acknowledges and agrees that Executive may dedicate some of his business time to other ventures that do not compete directly with the other provisions business of this Agreement, to devote substantially all the Company and that doing so shall not be a violation of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyobligations under this Agreement.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Omnireliant Holdings, Inc.), Executive Employment Agreement (Medefile International, Inc.), Executive Employment Agreement (Abazias Inc)
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 1.2 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy theretoto the performance of Executive’s duties and responsibilities hereunder. The Subject to the requirements of Section 5.1, the foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, enterprises provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, there is likely to interfere no conflict with Executive’s ability to discharge Executive’s duties and responsibilities satisfy his obligations to the Company.
Appears in 4 contracts
Samples: Employment Agreement (Independence Realty Trust, Inc.), Employment Agreement (Independence Realty Trust, Inc), Employment Agreement (Independence Realty Trust, Inc)
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 1.2 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s such business time, attention and energy theretothereto as is reasonably necessary to carry out those duties and responsibilities. The foregoing shall not be construed as preventing Executive from providing service to, or making investments in in, other businesses or enterprises, enterprises provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, there is likely to interfere no conflict with Executive’s ability to discharge Executive’s duties and responsibilities satisfy his obligations to the Company.
Appears in 4 contracts
Samples: Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust)
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 1.2 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the BoardChief Executive Officer of the Trust, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the CompanyCompany and the Trust.
Appears in 4 contracts
Samples: Employment Agreement (First Potomac Realty Trust), Employment Agreement (First Potomac Realty Trust), Employment Agreement (First Potomac Realty Trust)
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprisesserving on the board of philanthropic organizations, provided commercial entities (but only if and to the extent that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment is so serving as of the Boarddate hereof) or providing oversight with respect to his personal investments, is likely to so long as such service does not materially interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyhereunder.
Appears in 3 contracts
Samples: Executive Agreement (Penn National Gaming Inc), Executive Agreement (Penn National Gaming Inc), Employment Agreement (Penn National Gaming Inc)
Extent of Service. During the Employment Term, Executive agrees to use Executive’s best efforts to carry out Executive’s the duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreementsubject to Section 1.1, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing Executive may not serve as a Director on other company Boards without prior written consent of the Company’s Board of Directors (the “Board”), which consent shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyunreasonably withheld.
Appears in 3 contracts
Samples: Executive Employment Agreement (Synergy Pharmaceuticals, Inc.), Executive Employment Agreement (Synergy Pharmaceuticals, Inc.), Executive Employment Agreement (Synergy Pharmaceuticals, Inc.)
Extent of Service. Executive agrees to use Executive’s 's best efforts to carry out Executive’s 's duties and responsibilities under Section 1.1 1.2 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s such business time, attention and energy theretothereto as is reasonably necessary to carry out those duties and responsibilities. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided It is recognized that Executive agrees not to become engaged in any other business activity whichthe past has invested and participated, and it is agreed that Executive in the future may invest and participate, in the reasonable judgment of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties business endeavors separate and responsibilities to apart from the Company, in his discretion.
Appears in 3 contracts
Samples: Employment Agreement (Atlas America Inc), Employment Agreement (Atlas America Inc), Employment Agreement (Atlas America Inc)
Extent of Service. During the Employment Term, Executive agrees to use Executive’s 's best efforts to carry out Executive’s the duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, and to devote substantially all of Executive’s 's business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive further agrees not to become engaged in work either on a part-time or independent contracting basis for any other business activity which, in or enterprise during the reasonable judgment Employment Term without the prior written consent of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companywhich consent shall not be unreasonably withheld.
Appears in 3 contracts
Samples: Executive Employment Agreement (Synergy Pharmaceuticals, Inc.), Executive Employment Agreement (Igx Corp/De), Executive Employment Agreement (Igx Corp/De)
Extent of Service. During the Employment Term, Executive agrees to use Executive’s 's best efforts to carry out Executive’s the duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, and to devote substantially all of requisite Executive’s 's business time, attention and energy thereto. The foregoing Executive further agrees not to work either on a part-time or independent contracting basis for any other business or enterprise during the Employment Term without the prior written consent of the Company's Board of Directors, which consent shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyunreasonably withheld.
Appears in 3 contracts
Samples: Executive Employment Agreement (MGT Capital Investments Inc), Executive Employment Agreement (MGT Capital Investments Inc), Executive Employment Agreement (MGT Capital Investments Inc)
Extent of Service. During the Employment Term, Executive agrees to use Executive’s 's best efforts to carry out Executive’s the duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreementsubject to Section 1.1, to devote substantially all of Executive’s 's business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive further agrees not to become engaged in work either on a part-time or independent contracting basis for any other business activity which, in or enterprise during the reasonable judgment Employment Term without the prior written consent of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companywhich consent shall not be unreasonably withheld.
Appears in 2 contracts
Samples: Executive Employment Agreement (Xenomics Inc), Executive Employment Agreement (Xenomics Inc)
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 1.2 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the CompanyCompany and the Trust.
Appears in 2 contracts
Samples: Employment Agreement (Capital Lodging), Employment Agreement (First Potomac Realty Trust)
Extent of Service. During the Employment Term, Executive agrees to use Executive’s best efforts to carry out Executive’s the duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, and to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive further agrees not to become engaged in work either on a part-time or independent contracting basis for any other business activity which, in or enterprise during the reasonable judgment Employment Term without the prior written consent of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companywhich consent shall not be unreasonably withheld.
Appears in 2 contracts
Samples: Executive Employment Agreement (Synergy Pharmaceuticals, Inc.), Executive Employment Agreement (Synergy Pharmaceuticals, Inc.)
Extent of Service. Executive agrees to use Executive’s 's best efforts to carry out Executive’s 's duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s 's business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s 's ability to discharge Executive’s 's duties and responsibilities to the Company.
Appears in 2 contracts
Samples: Employment Agreement (Answers CORP), Employment Agreement (Immunomedics Inc)
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 1.2 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Company.
Appears in 2 contracts
Samples: Employment Agreement (Immunomedics Inc), Employment Agreement (Immunomedics Inc)
Extent of Service. Executive agrees to use Executive’s 's best efforts to carry out Executive’s 's duties and responsibilities under Section 1.1 1.2 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s such business time, attention and energy theretothereto as is reasonably necessary to carry out those duties and responsibilities. The foregoing shall not be construed as preventing Executive from providing service to, or making investments in in, other businesses or enterprises, enterprises provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, there is likely to interfere no conflict with Executive’s 's ability to discharge Executive’s duties and responsibilities satisfy her obligations to the Company.
Appears in 2 contracts
Samples: Employment Agreement (Rait Investment Trust), Employment Agreement (Rait Investment Trust)
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 1.2 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s such business time, attention and energy theretothereto as is reasonably necessary to carry out those duties and responsibilities. The foregoing shall not be construed as preventing Executive from providing service to, or making investments in in, other businesses or enterprises, enterprises provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, there is likely to interfere no conflict with Executive’s ability to discharge Executive’s duties and responsibilities satisfy her obligations to the Company.
Appears in 2 contracts
Samples: Employment Agreement (Bancorp, Inc.), Employment Agreement (RAIT Financial Trust)
Extent of Service. Executive agrees to use Executive’s 's best efforts to carry out Executive’s 's duties and responsibilities under Section 1.1 1.3 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s 's business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s 's ability to discharge Executive’s 's duties and responsibilities to the Company.
Appears in 1 contract
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 1.2 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy theretoto the performance of Executive’s duties and responsibilities hereunder. The Subject to the requirements of Section 5.1, the foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, enterprises provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, there is likely to interfere no conflict with Executive’s ability to discharge Executive’s duties and responsibilities satisfy her obligations to the Company.
Appears in 1 contract
Samples: Employment Agreement (Independence Realty Trust, Inc.)
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses serving on the board of philanthropic organizations, or enterprisesproviding oversight with respect to his personal investments, provided that Executive agrees (including Xxxxxxx Development Group and its Affiliates) and the Xxxxxxx Family Trust and its Affiliates, so long as such service does not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to materially interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyhereunder.
Appears in 1 contract
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, Agreement and to devote substantially all of Executive’s such business time, attention and energy theretothereto as is reasonably necessary to carry out those duties and responsibilities. The foregoing shall not be construed as preventing Executive from providing service to, or making investments in in, other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, there is likely to interfere no conflict with Executive’s ability to discharge Executive’s duties and responsibilities satisfy his obligations to the Company.
Appears in 1 contract
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees serving on the board of philanthropic organizations (so long as such service does not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to materially interfere with Executive’s ability to discharge duties hereunder) or investing assets in such form or manner as will not require services on the part of Executive’s duties and responsibilities to the Company.. CONFIDENTIAL
Appears in 1 contract
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making serving on the board of philanthropic organizations, or providing oversight with respect to his personal investments in other businesses or enterprises(including Xxxxxxx Development Group and its affiliates) and the Xxxxxxx Family Trust and its affiliates, provided that Executive agrees so long as such service does not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to materially interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyhereunder.
Appears in 1 contract
Extent of Service. During the Employment Term, Executive agrees to use Executive’s his best efforts to carry out Executive’s his duties and responsibilities under Section 1.1 1.2 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s his business time, attention and energy thereto. The Except as provided in Section 3 hereof, the foregoing shall not be construed as preventing Executive from making minority investments in other businesses or enterprises, enterprises provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s his ability to discharge Executive’s his duties and responsibilities to the Company. 1.4.
Appears in 1 contract
Samples: Employment Agreement (North Atlantic Energy Corp /Nh)
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees serving on the board of philanthropic organizations (so long as such service does not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to materially interfere with Executive’s ability to discharge duties hereunder) or investing assets in such form or manner as will not require services on the part of Executive’s duties and responsibilities to the Company.
Appears in 1 contract
Extent of Service. Executive agrees to use Executive’s 's best efforts to carry out Executive’s 's duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s 's business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments engaging in other businesses or enterprisesbusiness activities, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s 's ability to discharge Executive’s 's duties and responsibilities to the Company.
Appears in 1 contract
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses serving on the board of philanthropic organizations or enterprisesproviding oversight with respect to his personal investments, provided that Executive agrees so long as such service does not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to materially interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyhereunder.
Appears in 1 contract
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making serving on the board of philanthropic organizations, or providing oversight with respect to his personal investments in other businesses or enterprises(including Xxxxxxx Development Group and its Affiliates) and the Xxxxxxx Family Trust and its Affiliates, provided that Executive agrees so long as such service does not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to materially interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyhereunder.
Appears in 1 contract
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprisesserving on the board of philanthropic organizations or, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of as may be approved by the Board, is likely other organizations, or providing oversight with respect to his personal investments, so long as such service does not materially interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyhereunder.
Appears in 1 contract
Extent of Service. Executive agrees to use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 1.2 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board of Trustees of the Trust (the “Board”), is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the CompanyCompany and the Trust.
Appears in 1 contract
Extent of Service. Executive agrees to use Executive’s 's best efforts to carry out Executive’s 's duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s 's business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Company’s Board of Directors (“Board”), is likely to interfere with Executive’s 's ability to discharge Executive’s 's duties and responsibilities to the Company.
Appears in 1 contract
Samples: Employment Agreement (Gurunet Corp)
Extent of Service. During the Employment Term, Executive agrees to use Executive’s 's best efforts to carry out Executive’s the duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreementsubject to Section 1.1, to devote substantially all of Executive’s 's business time, attention and energy thereto. The foregoing Executive further agrees not to work either on a part-time or independent contracting basis as a financial consultant for any other business or enterprise during the Employment Term without the prior written consent of the Parent's Board of Directors (the "Board"), which consent shall not be construed as preventing Executive from making investments in other businesses or enterprises, provided that Executive agrees not to become engaged in any other business activity which, in the reasonable judgment of the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Companyunreasonably withheld.
Appears in 1 contract
Samples: Executive Employment Agreement (Callisto Pharmaceuticals Inc)
Extent of Service. Executive agrees to shall use Executive’s best efforts to carry out Executive’s duties and responsibilities under Section 1.1 hereof and, consistent with the other provisions of this Agreement, to devote substantially all of Executive’s business time, attention and energy thereto. The foregoing shall not be construed as preventing Executive from making investments in other businesses or enterprises, ; provided that Executive agrees shall not to become engaged in any other business activity which, in the reasonable judgment of the Chief Executive Officer or the Board, is likely to interfere with Executive’s ability to discharge Executive’s duties and responsibilities to the Company.
Appears in 1 contract
Samples: Employment Agreement (Auxilium Pharmaceuticals Inc)