Common use of Loyalty and Confidentiality Clause in Contracts

Loyalty and Confidentiality. a. During the term of this Agreement: (i) the Officer shall devote the requisite time, attention, skill, and efforts to the faithful performance of his duties hereunder; provided, however, that from time to time, the Officer may serve on the boards of directors of, and hold any other offices or positions in, companies or organizations which will not present any conflict of interest with the Bank or any of its subsidiaries or affiliates, unfavorably affect the performance of the Officer’s duties pursuant to this Agreement, or violate any applicable statute or regulation; and (ii) the Officer shall not engage in any business or activity contrary to the business affairs or interests of the Bank or any of its subsidiaries or affiliates.

Appears in 8 contracts

Samples: Employment Agreement (Yardville National Bancorp), Employment Agreement (Yardville National Bancorp), Employment Agreement (Yardville National Bancorp)

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Loyalty and Confidentiality. a. During the term of this AgreementAgreement the Officer: (i) the Officer shall devote all the requisite Officer’s time, attention, skill, and efforts to the faithful performance of his the Officer’s duties hereunder; provided, however, that from time to time, the Officer may serve on the boards of directors of, and hold any other offices or positions in, companies or organizations which will not present any conflict of interest with Bancorp or the Bank or any of its their subsidiaries or affiliates, unfavorably affect the performance of the Officer’s duties pursuant to this Agreement, or violate any applicable statute or regulation; and (ii) the Officer shall not engage in any business or activity contrary to the business affairs or interests of Bancorp or the Bank or any of its subsidiaries or affiliatesBank.

Appears in 8 contracts

Samples: Employment Agreement (Sandy Spring Bancorp Inc), Employment Agreement (Sandy Spring Bancorp Inc), Employment Agreement (Sandy Spring Bancorp Inc)

Loyalty and Confidentiality. a. During the term of this AgreementAgreement the Officer: (i) the Officer shall devote the requisite all his time, attention, skill, and efforts to the faithful performance of his duties hereunder; provided, however, that from time to time, the Officer may serve on the boards of directors of, and hold any other offices or positions in, companies or organizations which will not present any conflict of interest with Bancorp or the Bank or any of its their subsidiaries or affiliates, unfavorably affect the performance of the Officer’s 's duties pursuant to this Agreement, or violate any applicable statute or regulation; and (ii) the Officer shall not engage in any business or activity contrary to the business affairs or interests of Bancorp or the Bank or any of its subsidiaries or affiliatesBank.

Appears in 5 contracts

Samples: Employment Agreement (Sandy Spring Bancorp Inc), Employment Agreement (Sandy Spring Bancorp Inc), Employment Agreement (Sandy Spring Bancorp Inc)

Loyalty and Confidentiality. a. During the term of this AgreementAgreement the Officer: (i) the Officer shall devote all the requisite Officer's time, attention, skill, and efforts to the faithful performance of his the Officer's duties hereunder; provided, however, that from time to time, the Officer may serve on the boards of directors of, and hold any other offices or positions in, companies or organizations which will not present any conflict of interest with Bancorp or the Bank or any of its their subsidiaries or affiliates, unfavorably affect the performance of the Officer’s 's duties pursuant to this Agreement, or violate any applicable statute or regulation; and (ii) the Officer shall not engage in any business or activity contrary to the business affairs or interests of Bancorp or the Bank or any of its subsidiaries or affiliatesBank.

Appears in 3 contracts

Samples: Employment Agreement (Sandy Spring Bancorp Inc), Employment Agreement (Sandy Spring Bancorp Inc), Employment Agreement (Sandy Spring Bancorp Inc)

Loyalty and Confidentiality. a. During the term of this AgreementAgreement the Officer: (i) the Officer shall devote all the requisite Officer’s time, attention, skill, and efforts to the faithful performance of his the Officer’s duties hereunder; provided, however, that from time to time, the Officer may serve on the boards of directors of, and hold any other offices or positions in, companies or organizations which will not present any conflict of interest with the Bank or the Bancorp or any of its their subsidiaries or affiliates, unfavorably affect the performance of the Officer’s duties pursuant to this Agreement, or violate any applicable statute or regulation; and (ii) the Officer shall not engage in any business or activity contrary to the business affairs or interests of the Bank or any of its subsidiaries or affiliatesthe Bancorp.

Appears in 2 contracts

Samples: Employment Agreement (Sandy Spring Bancorp Inc), Employment Agreement (Sandy Spring Bancorp Inc)

Loyalty and Confidentiality. a. During the term of this Agreement: (i) the Officer shall devote the requisite time, attention, skill, and efforts to the faithful performance of his duties hereunder; provided, however, that from time to time, the Officer may serve on the boards of directors of, and hold any other offices or positions in, companies or organizations which will not present any conflict of interest with the Bank or any of its subsidiaries or affiliates, unfavorably affect the performance of the Officer’s 's duties pursuant to this Agreement, or violate any applicable statute or regulation; and (ii) the Officer shall not engage in any business or activity contrary to the business affairs or interests of the Bank or any of its subsidiaries or affiliates.

Appears in 2 contracts

Samples: Employment Agreement (Yardville National Bancorp), Employment Agreement (Yardville National Bancorp)

Loyalty and Confidentiality. a. During the term of this AgreementAgreement the Officer: (i) the Officer shall devote the requisite all his time, attention, skill, and efforts to the faithful performance of his duties hereunder; provided, however, that from time to time, the Officer may serve on the boards of directors of, and hold any other offices or positions in, companies or organizations which will not present any conflict of interest with the Company or the Bank or any of its their subsidiaries or affiliates, unfavorably affect the performance of the Officer’s 's duties pursuant to this Agreement, or violate any applicable statute or regulation; and (ii) the Officer shall not engage in any business or activity contrary to the business affairs or interests of the Bank Company or any of its subsidiaries or affiliatesthe Bank.

Appears in 1 contract

Samples: Employment Agreement (Indian River Banking Company)

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Loyalty and Confidentiality. a. During the term of this AgreementAgreement the Officer: (ia) the Officer shall devote all the requisite Officer’s time, attention, skill, and efforts to the faithful performance of his the Officer’s duties hereunder; provided, however, that from time to time, the Officer may serve on the boards of directors of, and hold any other offices or positions in, companies or organizations which will not present any conflict of interest with the Bank or any of its subsidiaries or the Bank’s affiliates, unfavorably affect the performance of the Officer’s duties pursuant to this Agreement, or violate any applicable statute or regulation; and (iib) the Officer shall not engage in any business or activity contrary to the business affairs or interests of the Bank or any of its subsidiaries or the Bank’s affiliates.

Appears in 1 contract

Samples: Employment Agreement (Sandy Spring Bancorp Inc)

Loyalty and Confidentiality. a. During the term of this AgreementAgreement the Officer: (i) the Officer shall devote the requisite all her time, attention, skill, and efforts to the faithful performance of his her duties hereunder; provided, however, that from time to time, the Officer may serve on the boards of directors of, and hold any other offices or positions in, companies or organizations which will not present any conflict of interest with Bancorp or the Bank or any of its their subsidiaries or affiliates, unfavorably affect the performance of the Officer’s 's duties pursuant to this Agreement, or violate any applicable statute or regulation; and (ii) the Officer shall not engage in any business or activity contrary to the business affairs or interests of Bancorp or the Bank or any of its subsidiaries or affiliatesBank.

Appears in 1 contract

Samples: Employment Agreement (Sandy Spring Bancorp Inc)

Loyalty and Confidentiality. a. During the term of this AgreementAgreement the Officer: (i) the Officer shall devote all the requisite Officer’s time, attention, skill, and efforts to the faithful performance of his the Officer’s duties hereunder; provided, however, that from time to time, the Officer may serve on the boards of directors of, and hold any other offices or positions in, companies or organizations which will not present any conflict of interest with the Bank or any of its the Bank’s subsidiaries or affiliates, unfavorably unfavorab­ly affect the performance of the Officer’s duties pursuant to this Agreement, or violate any applicable statute or regulationregula­tion; and (ii) the Officer shall not engage in any business or activity contrary to the business affairs or interests of the Bank or any of its the Bank’s subsidiaries or affiliates.

Appears in 1 contract

Samples: Employment Agreement (Sandy Spring Bancorp Inc)

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