Common use of Loyalty Clause in Contracts

Loyalty. (a) The Executive shall devote his full time and attention to the performance of his employment under this Agreement. During the term of the Executive's employment under this Agreement, the Executive shall not engage in any business or activity contrary to the business affairs or interests of the Bank or Parent. (b) Nothing contained in this Section 4 shall be deemed to prevent or limit the right of Executive to invest in the capital stock or other securities of any business dissimilar from that of the Bank or Parent, or, solely as a passive or minority investor, in any business.

Appears in 25 contracts

Samples: Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.), Employment Agreement (Osage Bancshares, Inc.)

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Loyalty. (a) The Executive shall devote his full time and attention to the performance of his employment under this Agreement. During the term of the Executive's ’s employment under this Agreement, the Executive shall not engage in any business or activity contrary to the business affairs or interests of the Bank or Parent. (b) Nothing contained in this Section 4 shall be deemed to prevent or limit the right of Executive to invest in the capital stock or other securities of any business dissimilar from that of the Bank or Parent, or, solely as a passive or minority investor, in any business.

Appears in 14 contracts

Samples: Employment Agreement (Osage Bancshares, Inc.), Employment Agreement (Roma Financial Corp), Employment Agreement (Roma Financial Corp)

Loyalty. (a) The Executive shall devote his full time and attention to the performance of his employment under this Agreement. During the term of the Executive's ’s employment under this Agreement, the Executive shall not engage in any business or activity contrary to the business affairs or interests of the Bank or ParentCompany. (b) Nothing contained in this Section 4 shall be deemed to prevent or limit the right of Executive to invest in the capital stock or other securities of any business dissimilar from that of the Bank Company, or Parent, or, solely as a passive or minority investor, investor in any business.

Appears in 3 contracts

Samples: Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.)

Loyalty. (a) The Executive shall devote his full time and attention to the performance of his employment under this Agreement. During the term of the Executive's employment under this Agreement, the Executive shall not engage in any business or activity contrary to the business affairs or interests of the Bank or ParentCompany. (b) Nothing contained in this Section 4 shall be deemed to prevent or limit the right of Executive to invest in the capital stock or other securities of any business dissimilar from that of the Bank Company, or Parent, or, solely as a passive or minority investor, investor in any business.

Appears in 1 contract

Samples: Employment Agreement (Kearny Financial Corp.)

Loyalty. (a) The Executive shall devote his full time and attention to the performance of his employment under this Agreement. During the term of the Executive's ’s employment under this Agreement, the Executive shall not engage in any business or activity contrary to the business affairs or interests of the Bank or ParentCompany. (b) Nothing contained in this Section 4 shall be deemed to prevent or limit the right of Executive to invest in the capital stock or other securities of any business dissimilar from that of the Bank Company, or Parent, or, solely as a passive or minority investor, investor in any business.

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc /Nj/)

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Loyalty. (a) The Executive shall devote his full time and attention to the performance of his employment under this Agreement. During the term of the Executive's employment under this Agreement, the Executive shall not engage in any business or activity contrary to the business affairs or interests of the Bank or ParentCompany. (b) Nothing contained in this Section 4 shall be deemed to prevent or limit the right of Executive to invest in the capital stock or other securities of any business dissimilar from that of the Bank or ParentCompany, or, solely as a passive or minority investor, in any business.

Appears in 1 contract

Samples: Employment Agreement (Synergy Financial Group Inc /Nj/)

Loyalty. (a) The Executive shall devote his full time and attention to the performance of his employment under this Agreement. During the term of the Executive's Executive”s employment under this Agreement, the Executive shall not engage in any business or activity contrary to the business affairs or interests of the Bank or Parent. (b) Nothing contained in this Section 4 shall be deemed to prevent or limit the right of Executive to invest in the capital stock or other securities of any business dissimilar from that of the Bank or Parent, or, solely as a passive or minority investor, in any business.

Appears in 1 contract

Samples: Employment Agreement (GCF Bancorp Inc)

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