Common use of Loyalty Clause in Contracts

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEO, the Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Company.

Appears in 24 contracts

Samples: Executive Employment Agreement (Horizon Therapeutics Public LTD Co), Executive Employment Agreement (Horizon Therapeutics Public LTD Co), Executive Employment Agreement (Horizon Therapeutics Public LTD Co)

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Loyalty. During the Executive’s employment by the Company, Company the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of the Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEO, the Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Company.

Appears in 19 contracts

Samples: Employment Agreement (Regulus Therapeutics Inc.), Employment Agreement (Regulus Therapeutics Inc.), Employment Agreement (Regulus Therapeutics Inc.)

Loyalty. During the Executive’s 's employment by the Company, the Executive shall devote the Executive’s 's full business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s 's duties under this Agreement. Subject to the prior written consent of the President and CEO, the Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Company.

Appears in 15 contracts

Samples: Employment Agreement (Cardionet Inc), Employment Agreement (Cardionet Inc), Employment Agreement (Cardionet Inc)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of the Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEO, the Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Company.

Appears in 14 contracts

Samples: Executive Employment Agreement (Heron Therapeutics, Inc. /De/), Employment Agreement (Regulus Therapeutics Inc.), Executive Employment Agreement (Heron Therapeutics, Inc. /De/)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEO, the Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Company.

Appears in 10 contracts

Samples: Employment Agreement (Biotelemetry, Inc.), Employment Agreement (CardioNet, Inc.), Employment Agreement (CardioNet, Inc.)

Loyalty. During the Executive’s 's employment by the Company, the Executive shall devote the Executive’s 's full business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s 's duties under this Agreement. Subject to the prior written consent of the President and CEO, the Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Company.

Appears in 8 contracts

Samples: Employment Agreement (Cypress Bioscience Inc), Employment Agreement (Previo Inc), Employment Agreement (Lightspan Inc)

Loyalty. During Except as otherwise specifically permitted by the Board, during the Executive’s employment by with the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of the Executive’s duties under this Agreement. Subject to the prior written consent ; provided, however, that Executive may devote a reasonable amount of the President time and CEO, the Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Companyenergies for personal investment and civic and charitable duties.

Appears in 6 contracts

Samples: Employment Agreement (TorreyPines Therapeutics, Inc.), Employment Agreement (TorreyPines Therapeutics, Inc.), Employment Agreement (TorreyPines Therapeutics, Inc.)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEO, the Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Company.

Appears in 6 contracts

Samples: Employment Agreement (Idm Pharma, Inc.), Employment Agreement (Idm Pharma, Inc.), Employment Agreement (Idm Pharma, Inc.)

Loyalty. During the Executive’s employment by with the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEO, the Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Company.

Appears in 6 contracts

Samples: Employment Agreement (Anaptysbio, Inc), Employment Agreement (Anaptysbio, Inc), Employment Agreement (Anaptysbio Inc)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject Notwithstanding the foregoing, Executive may engage in personal, investment, civic, and charitable activities to the prior written consent extent they do not unreasonably interfere with Executive’s performance of the President and CEO, the Executive is permitted to serve on the board his duties under this Agreement or violate paragraphs 2.2 or 2.3 of directors of one other company, so long as the other company does not compete with the Companythis Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Dot Hill Systems Corp), Employment Agreement (Dot Hill Systems Corp), Employment Agreement (Dot Hill Systems Corp)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of the Executive’s duties under this Agreement. Subject to Notwithstanding the prior written consent of the President and CEOforegoing, the Executive is permitted may engage in personal, investment, civic, and charitable activities to serve on the board of directors of one other company, so long as the other company does extent they do not compete unreasonably interfere with the CompanyExecutive’s performance of his duties under this Agreement or violate paragraphs 2.2 or 2.3 of this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Pure Bioscience, Inc.), Employment Agreement (Pure Bioscience, Inc.), Employment Agreement (Pure Bioscience)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject to Notwithstanding the foregoing, Executive may: (1) serve on the Board of Directors of other for-profit corporate entities, with the prior written consent of the President Company’s Board and CEO(2) devote time to personal investments, the Executive is permitted to serve on the board of directors of one philanthropic, educational and civic service, and other companypersonal matters, so long as the other company does such activities do not compete interfere with the Companyperformance of his duties hereunder.

Appears in 4 contracts

Samples: Employment Agreement (SERVICE-NOW.COM), Employment Agreement (SERVICE-NOW.COM), Employment Agreement (SERVICE-NOW.COM)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEO, the The Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Company.

Appears in 3 contracts

Samples: Executive Employment Agreement (Horizon Therapeutics Public LTD Co), Executive Employment Agreement (Horizon Pharma, Inc.), Executive Employment Agreement (Horizon Pharma, Inc.)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEO, the The Executive is permitted to serve on the board boards of directors of one other companytwo companies (or up to four companies if permitted by the Board), so long as the other company does they do not compete with the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Horizon Pharma, Inc.)

Loyalty. During the Executive’s employment by with the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject ; provided, however, that Executive shall be entitled to the prior written consent continue his service as a board member of the President Arzeda and CEO, the Executive is permitted shall be entitled to serve on the board of directors of one such other companycompanies as may be approved in advance by the Board, in each case so long as the other company Executive remains in compliance with Section 2.2 and such service does not compete interfere with the CompanyExecutive’s duties under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Ambit Biosciences Corp), Employment Agreement (Ambit Biosciences Corp)

Loyalty. During the Executive’s employment by with the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEO; provided, the however, that Executive is permitted shall be entitled to serve on the board of directors of one such other companycompanies as may be approved in advance by the Board, in each case so long as the other company Executive remains in compliance with Section 2.2 and such service does not compete interfere with the CompanyExecutive’s duties under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Ambit Biosciences Corp), Employment Agreement (Ambit Biosciences Corp)

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Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEO, the Executive is permitted to serve on the board of directors of one three (3) other companycompanies, so long as none of the other company does not companies compete with the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Horizon Pharma PLC)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEOChief Executive Officer, the Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Horizon Therapeutics Public LTD Co)

Loyalty. During the Executive’s employment by with the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEO, the ; provided that Executive is shall be permitted to serve on continue or commence service as a member of the board of directors of one other company, the companies set forth on Exhibit B so long as such activities do not create an actual or potential conflict of interest or interfere materially with the other company does not compete with performance of his duties to the Company.

Appears in 1 contract

Samples: Employment Agreement (Anaptysbio, Inc)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the necessary amount of Executive’s business energies, interestinterests, abilities and productive time to achieve the proper and efficient performance of Executive’s duties under this Agreement. Subject to the prior written consent of the President The Parties acknowledge and CEO, the Executive is permitted to serve agree that Executive’s service on the board boards of directors of one other companyRepligen Corporation and Gentium SpA. shall not constitute a breach of this Agreement, so long as the other company provided that such service does not compete interfere with Executive’s work for the CompanyCompany as specified herein.

Appears in 1 contract

Samples: Employment Agreement (Coronado Biosciences Inc)

Loyalty. During Except as expressly provided herein or the Company otherwise consents in writing, during Executive’s employment by the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject Notwithstanding the foregoing, Executive shall be permitted to continue to provide ongoing consultation, board and/or advisory services to certain entities with the prior written consent of the President and CEO, the Chief Executive is permitted to serve on Officer or Chairman of the board of directors of one other company, so long as the other company does Company (such consent not compete with the Companyto be unreasonably withheld).

Appears in 1 contract

Samples: Employment Agreement (Bionano Genomics, Inc.)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s full business energies, interest, abilities and productive time to the proper and efficient performance of the Executive’s duties under this Agreement. Subject to Notwithstanding the prior written consent of the President and CEOforegoing, the Executive is permitted may provide occasional consulting that are not competitive to serve on the board of directors of one other company, so long as the other company does not compete with the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Heron Therapeutics, Inc. /De/)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEOChief Executive Officer, the Executive is permitted to serve on the board of directors of one other companyup to two public companies, so long as the other company does companies do not compete with the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Horizon Pharma, Inc.)

Loyalty. During the Executive’s 's employment by the Company, the Executive shall devote the Executive’s 's full business energies, interest, abilities and productive time to the proper and efficient performance of Executive’s 's duties under this Agreement. Subject , provided, however, that the Company agrees that Executive may continue his work as a medical consultant and expert witness, to the prior written consent of the President and CEO, the Executive is permitted to serve on the board of directors of one other company, so long as the other company extent that such work does not compete interfere with the CompanyExecutive's duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Covalent Partners LLC)

Loyalty. During the Executive’s employment by the Company, the Executive shall devote the Executive’s business energies, interest, abilities and productive time to the proper and efficient performance of the Executive’s duties under this Agreement. Subject to the prior written consent of the President and CEO, the The Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Horizon Pharma, Inc.)

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