Common use of Matters Requiring Consent of Board of Directors Clause in Contracts

Matters Requiring Consent of Board of Directors. Section 2.02. Employee shall not, without specific approval of Employer's Board of Directors, do or contract to do any of the following: (1) Borrow on behalf of Employer; (2) Continue to service any customer of Employer which has an outstanding indebtedness to Employer in excess of $5,000.00; Devotion to Employer's Business

Matters Requiring Consent of Board of Directors. Section 2.02. Employee shall not, without specific approval of Employer's Board of Directors, Directors do or contract to do any of the following: (1) Borrow on behalf of Employer; (2) Continue to service any customer of Employer which has an outstanding indebtedness to Employer in excess of $5,000.00; Devotion to Employer's Business: