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Common use of HOURS AND PLACE OF WORK Clause in Contracts

HOURS AND PLACE OF WORK. 4.1 The Executive will work the hours necessary or appropriate from time to time to carry out his duties properly and effectively. During the continuance of his employment hereunder, unless otherwise agreed in writing by the Company, the Executive shall devote such of his time, attention and ability to the performance of his duties hereunder as shall be necessary and shall not without the prior written consent of the Company engage in any activity likely to require him to be absent from work during the normal business hours of the Company or to affect his ability to properly perform his duties hereunder. 4.2 The Executive will use his best endeavours to promote the interests of the Company and shall not without the previous written consent of the Company directly or indirectly be engaged, concerned or interested in the carrying on of any other business activity; provided that nothing in this sub-clause 4.2 shall prevent the Executive from holding stocks and shares or other securities (conferring in aggregate not more than 5% of the votes available to be cast at any general meeting of the company concerned) which are listed and dealt in on any recognised stock exchange, nor from holding units in any authorised unit trust, nor from holding shares (conferring in aggregate not more than 5% of the votes available to be cast at any general meeting of the company concerned) from time to time dealt in under arrangements referred to as "over-the-counter" trading. 4.3 The Executive shall be subject to the general control of the board of directors of the Company and shall exercise and perform such powers and duties as are compatible with his job title as aforesaid and shall from time to time be reasonably delegated to him by the board of directors of the Company, and he shall be subject to such restrictions as the board of directors of the Company shall from time to time reasonably impose upon him. 4.4 The Executive will perform his duties at such places as required by the Company.

Appears in 6 contracts

Samples: Service Agreement (Wolseley PLC), Service Agreement (Wolseley PLC), Service Agreement (Wolseley PLC)

HOURS AND PLACE OF WORK. 4.1 The Executive will work the hours necessary or appropriate from time to time to carry out his duties properly and effectively. During the continuance of his employment hereunder, unless otherwise agreed in writing by the Company, the Executive shall devote such of his time, attention and ability to the performance of his duties hereunder as shall be necessary and shall not without the prior written consent of the Company engage in any activity likely to require him to be absent from work during the normal business hours of the Company or to affect his ability to properly perform his duties hereunder. 4.2 The Executive will use his best endeavours to promote the interests of the Company and shall not without the previous written consent of the Company directly or indirectly be engaged, concerned or interested in the carrying on of any other business activity; provided that nothing in this sub-clause 4.2 shall prevent the Executive from holding stocks and shares or other securities (conferring in aggregate not more than 5% of the votes available to be cast at any general meeting of the company concerned) which are listed and dealt in on any recognised stock exchange, nor from holding units in any authorised unit trust, nor from holding shares (conferring in aggregate not more than 5% of the votes available to be cast at any general meeting of the company concerned) from time to time dealt in under arrangements referred to as "over-the-counter" trading. 4.3 The Executive shall be subject to the general control of the board of directors of the Company and shall exercise and perform such powers and duties as are compatible with his job title as aforesaid and shall from time to time be reasonably delegated to him by the board of directors of the Company, and he shall be subject to such restrictions as the board of directors of the Company shall from time to time reasonably impose upon him. 4.4 The Executive will perform his duties at such places as required by the Company.

Appears in 3 contracts

Samples: Service Agreement (Wolseley PLC), Service Agreement (Wolseley PLC), Service Agreement (Wolseley PLC)