Common use of No Interference With Duties Clause in Contracts

No Interference With Duties. Executive shall not devote time to other activities which would inhibit or otherwise interfere with the proper performance of Executive’s duties and shall not be directly or indirectly concerned or interested in any other business, occupation, activity or interest other than by reason of holding a non-controlling interest as a shareholder, securities holder or debenture holder in a corporation quoted on a nationally recognized exchange (subject to any limitations in the Company’s Code of Business Conduct and Ethics). Executive may not serve as a member of a board of directors of a for-profit company, other than Holdings, the Company or any of its subsidiaries or affiliates, without the express approval of the Board; provided, however, that it shall not be a violation of this Agreement for Executive to manage personal business interests and investments and to engage in charitable and civic activities, so long as such activities do not interfere with the performance of Executive’s responsibilities under this Agreement. Notwithstanding anything herein to the contrary, Executive will not be prohibited from continuing to serve on the boards of the entities, or remain affiliated with those entities, in each case as set forth on Exhibit E hereto.

Appears in 1 contract

Samples: Employment Agreement (First Data Corp)

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No Interference With Duties. Executive shall not devote time to other activities which would inhibit or otherwise interfere with the proper performance of Executive’s duties under this Agreement and shall not be directly or indirectly concerned or interested in any other business, occupation, activity or interest other than by reason of holding a non-controlling interest as a shareholder, securities holder securityholder or debenture debt holder in a corporation quoted on a nationally recognized exchange (subject to any limitations in the Company’s Code of Business Conduct and Ethics). Executive may not serve as a member of a board of directors of a for-profit company, other than Holdings, the Company or any of its subsidiaries or affiliates, without the express approval of the Board; providedNominating Committee. Notwithstanding anything herein to the contrary, however, that (i) it shall not be a violation of this Agreement for Executive to manage personal business interests and investments and to engage in charitable charitable, civic, educational and civic religious activities, so long as such activities do not interfere with the performance of Executive’s responsibilities under this Agreement. Notwithstanding anything herein to the contrary, Agreement and (ii) Executive will shall not be prohibited from continuing to serve on the boards of the entitiesof, or remain remaining affiliated with those entitieswith, in each case as the entities set forth on Exhibit E A hereto.

Appears in 1 contract

Samples: Employment Agreement (First Data Corp)

No Interference With Duties. Executive shall not devote time to other activities which would inhibit or otherwise interfere with the proper performance of Executive’s duties and shall not be directly or indirectly concerned or interested in any other business, occupation, activity or interest other than by reason of holding a non-controlling interest as a shareholder, securities holder or debenture holder in a corporation quoted on a nationally recognized exchange (subject to any limitations in the Company’s Code of Business Conduct and Ethics). Executive may not serve as a member of a board of directors of a for-profit company, other than Holdings, the Company or any of its subsidiaries or affiliates, without the express approval of the Board; provided, however, that it shall not be a violation of this Agreement for Executive to manage personal business interests and investments and to engage in charitable and civic activities, so long as such activities do not interfere with the performance of Executive’s responsibilities under this Agreement. Notwithstanding anything herein to the contrary, Executive will not be prohibited from continuing to serve on the boards of the entities, or remain affiliated with those entities, in each case as set forth on Exhibit E F hereto.

Appears in 1 contract

Samples: Employment Agreement (First Data Corp)

No Interference With Duties. Executive shall not devote time to other activities which would inhibit or otherwise interfere with the proper performance of Executive’s duties as set forth herein and shall not be directly or indirectly concerned or interested in any other business, occupation, activity or interest other than by reason of holding a non-controlling interest as a shareholder, securities holder or debenture holder in a corporation quoted on a nationally recognized exchange (subject to any limitations in the Company’s Code of Business Conduct and Ethics). Subject to the policies applicable to other senior executives of the Company (including without limitation such policies governing conflicts of interest), Executive may not serve as a member of a board of directors of a for-profit company, other than Holdings, the Company or any of its subsidiaries or affiliates, without the express approval of the Board of Directors (the “Board”) of the Company; provided, however, that it shall not be a violation of this Agreement for Executive to manage personal business interests and investments and to engage in charitable and civic activities, so long as such activities do not individually or in the aggregate interfere with the performance of Executive’s responsibilities under this Agreement. Notwithstanding anything herein to the contrary, Executive will not be prohibited from continuing to serve on the boards of the entities, or remain affiliated with those entities, in each case as set forth on Exhibit E hereto.

Appears in 1 contract

Samples: Employment Agreement (Xo Group Inc.)

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No Interference With Duties. Executive shall not devote time to other activities which would inhibit or otherwise interfere with the proper performance of Executive’s duties and shall not be directly or indirectly concerned or interested in any other business, business occupation, activity or interest other than by reason of holding a non-controlling interest as a shareholder, securities holder or debenture holder in a corporation quoted on a nationally recognized exchange (subject to any limitations in the Company’s Code of Business Conduct and Ethics). Executive may not serve as a member of a board of directors of a for-profit company, other than Holdings, the Company or any of its subsidiaries or affiliates, without the express approval of the BoardBoard of Directors (it being acknowledged that Executive’s board services as of the Effective Date shall be deemed expressly approved by the Board for this purpose); provided, however, that it shall not be a violation of this Agreement for Executive to manage personal business interests and investments and to engage in charitable and civic activities, so long as such activities comply with the Company’s Code of Business Conduct and Ethics and do not interfere with the performance of Executive’s responsibilities under this Agreement. Notwithstanding anything herein to the contrary, Executive will not be prohibited from continuing to serve on the boards of the entities, or remain affiliated with those entities, in each case as set forth on Exhibit E hereto.

Appears in 1 contract

Samples: Employment Transition Agreement (Dollar General Corp)

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