Common use of Limitations of Duties Clause in Contracts

Limitations of Duties. Executive shall not, without consent first being given by the Company, which consent may be general authority from the Company: A. Take part in activities detrimental to the best interests of the Company, including rendering any services to any other firm or entity which conflict or interfere with the performance of Executive’s duties hereunder. B. Exceed any limitations on his authority that may be established by the Board. C. Enter into any contract, oral or written, in the name of, for or on behalf of the Company other than in the ordinary course of business. D. Use any money belonging to the Company or pledge its credit other than in the ordinary course of business. E. Commit or suffer to be committed any act whereby the Company’s property may be subject to attachment or seizure.