Common use of Full Time Commitment Clause in Contracts

Full Time Commitment. On or prior to October 1, 2018, Mr. Tan shall (a) execute and from then on shall maintain a full-time service agreement, a confidentiality, non-compete and invention assignment agreement or a service agreement containing confidentiality, non-compete and invention assignment provisions with Jifen in the form reasonably satisfactory to Mr. Tan and the Series B1 Investor (each, a “Full-time Services Agreement”), and Mr. Tan shall devote the required work effort towards the fulfillment of his service obligations with the Group Companies and use his best efforts to promote the interest and business of the Group Companies and (b) deliver such documents (in each case in form and substance to the reasonable satisfaction of the Series B1 Investor) evidencing the termination of his employment and director position at Hu Zhong Advertisement (Shanghai) Co., Ltd. (互众广告(上海)有限公司).

Appears in 6 contracts

Samples: Series B2 Preferred Share Purchase Agreement (Qutoutiao Inc.), Series B3 Preferred Share Purchase Agreement (Qutoutiao Inc.), Series B1 Preferred Share Purchase Agreement (Qutoutiao Inc.)

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