Common use of Faithful Performance Clause in Contracts

Faithful Performance. Except for periods of paid time off taken in accordance with Section 3(f) hereof or following a Disability Determination made in accordance with Section 4(b) hereof, or for services performed for the Company’s Affiliates (as defined below), Executive shall devote substantially all of his business time, attention, skill and efforts during the Employment Period to the faithful performance of his duties hereunder, and shall not engage in any business or activity that interferes with the performance of such duties or conflicts with the business, affairs or interests of the Company or the Bank; provided that, notwithstanding the foregoing, Executive may: (i) perform his obligations under any employment agreement hereafter entered into between the Bank and Executive (the “Bank Agreement”); (ii) hold directorships, offices or other positions in one or more other organizations to the extent permitted by the Company’s Professional Responsibility Policy, as amended from time to time, or as otherwise approved by the Board; and (iii) engage in the occasional practice of law for personal clients provided that the same does not interfere with Executive’s obligation to devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (BankFinancial CORP)

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Faithful Performance. Except for periods of paid time off taken in accordance with Section 3(f3(t) hereof or following a Disability Determination made in accordance with Section 4(b) hereof, or for services performed for the Company’s Affiliates (as defined below), ) Executive shall devote substantially all of his her business time, attention, skill and efforts during the Employment Period to the faithful performance of his her duties hereunder, and shall not engage in any business or activity that interferes with the performance of such duties or conflicts with the business, affairs or interests of the Company or the Bank; provided that, notwithstanding the foregoing, Executive may: (i) perform his her obligations under any employment agreement hereafter entered into between the Bank and Executive (the “Bank Agreement”); and (ii) hold directorships, offices or other positions in one or more other organizations to the extent permitted by the Company’s Professional Responsibility Policy, as amended from time to time, or as otherwise approved by the Board; Board or the Chairman and (iii) engage in the occasional practice of law for personal clients provided that the same does not interfere with Executive’s obligation to devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this AgreementChief Executive Officer.

Appears in 1 contract

Samples: Employment Agreement (BankFinancial CORP)

Faithful Performance. Except for periods of paid time off taken in accordance with Section 3(f) hereof or following a Disability Determination made in accordance with Section 4(b) hereof, or for services performed for the Company’s Affiliates (as defined below), Executive shall devote substantially all of his business time, attention, skill and efforts during the Employment Period to the faithful performance of his duties hereunder, and shall not engage in any business or activity that interferes with the performance of such duties or conflicts with the business, affairs or interests of the Company or the Bank; provided that, notwithstanding the foregoing, Executive may: (i) perform his obligations under any employment agreement hereafter entered into between the Bank and Executive (the “Bank Agreement”); (ii) hold directorships, offices or other positions in one or more other organizations to the extent permitted by the Company’s Professional Responsibility Policy, as amended from time to time, or as otherwise approved by the BoardBoard or the Chairman and Chief Executive Officer; and (iii) engage in the occasional practice of law for personal clients provided that the same does not interfere with Executive’s obligation to devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (BankFinancial CORP)

Faithful Performance. Except for periods of paid time off taken in accordance with Section 3(f) hereof or following a Disability Determination made in accordance with Section 4(b) hereof, or for services performed for the CompanyBank’s Affiliates (as defined below), Executive shall devote substantially all of his business time, attention, skill and efforts during the Employment Period to the faithful performance of his duties hereunder, and shall not engage in any business or activity that interferes with the performance of such duties or conflicts with the business, affairs or interests of the Company Bank or the BankBFC; provided that, notwithstanding the foregoing, Executive may: (i) perform his obligations under any employment agreement hereafter entered into between the Bank BFC and Executive (the “Bank BFC Agreement”); and (ii) hold directorships, offices or other positions in one or more other organizations to the extent permitted by the CompanyBank’s Professional Responsibility Policy, as amended from time to time, or as otherwise approved by the Board; Board or the Chairman and (iii) engage in the occasional practice of law for personal clients provided that the same does not interfere with Executive’s obligation to devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this AgreementChief Executive Officer.

Appears in 1 contract

Samples: Employment Agreement (BankFinancial CORP)

Faithful Performance. Except for periods of paid time off taken in accordance with Section 3(f) hereof or following a Disability Determination made in accordance with Section 4(b) hereof, or for services performed for the CompanyBank’s Affiliates (as defined below), Executive shall devote substantially all of his business time, attention, skill and efforts during the Employment Period to the faithful performance of his duties hereunder, and shall not engage in any business or activity that interferes with the performance of such duties or conflicts with the business, affairs or interests of the Company Bank or the BankBFC; provided that, notwithstanding the foregoing, Executive may: (i) perform his obligations under any employment agreement hereafter entered into between the Bank BFC and Executive (the “Bank BFC Agreement”); (ii) hold directorships, offices or other positions in one or more other organizations to the extent permitted by the CompanyBank’s Professional Responsibility Policy, as amended from time to time, or as otherwise approved by the Board; and (iii) engage in the occasional practice of law for personal clients provided that the same does not interfere with Executive’s obligation to devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (BankFinancial CORP)

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Faithful Performance. Except for periods of paid time off taken in accordance with Section 3(f) hereof or following a Disability Determination made in accordance with Section 4(b) hereof, or for services performed for the Company’s Affiliates (as defined below), Executive shall devote substantially all of his business time, attention, skill and efforts during the Employment Period to the faithful performance of his duties hereunder, and shall not engage in any business or activity that interferes with the performance of such duties or conflicts with the business, affairs or interests of the Company or the Bank; provided that, notwithstanding the foregoing, Executive may: (i) perform his obligations under any employment agreement hereafter entered into between the Bank and Executive (the “Bank Agreement”); (ii) hold directorships, offices or other positions in one or more other organizations to the extent permitted by the Company’s Professional Responsibility Policy, as amended from time to time, or as otherwise approved by the BoardBoard or the Chairman and Chief Executive Officer; and (iii) engage in the occasional practice of law for personal clients sports officiating provided that the same does not interfere with Executive’s obligation to devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (BankFinancial CORP)

Faithful Performance. Except for periods of paid time off taken in accordance with Section 3(f) hereof or following a Disability Determination made in accordance with Section 4(b) hereof, or for services performed for the CompanyBank’s Affiliates (as defined below), Executive shall devote substantially all of his business time, attention, skill and efforts during the Employment Period to the faithful performance of his duties hereunder, and shall not engage in any business or activity that interferes with the performance of such duties or conflicts with the business, affairs or interests of the Company Bank or the BankBFC; provided that, notwithstanding the foregoing, Executive may: (i) perform his obligations under any employment agreement hereafter entered into between the Bank BFC and Executive (the “Bank BFC Agreement”); (ii) hold directorships, offices or other positions in one or more other organizations to the extent permitted by the CompanyBank’s Professional Responsibility Policy, as amended from time to time, or as otherwise approved by the BoardBoard or the Chairman and Chief Executive Officer; and (iii) engage in the occasional practice of law for personal clients sports officiating provided that the same does not interfere with Executive’s obligation to devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (BankFinancial CORP)

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