Common use of Obligations of the Employee Clause in Contracts

Obligations of the Employee. The Employee shall perform conscientiously and to the best of his ability all duties assigned to him by the Employer (in or with the Corporation, the Employer or any Affiliate), and shall devote his full time and attention to the performance of such duties to the exclusion of any other commercial duties or pursuits whatsoever. The Employee shall not become involved in any personal investment or business which may adversely affect the business of the Employer, the Corporation or its Affiliates. Compliance by the Employee with the Standards for Officers and Professionals of First Security Corporation and Affiliates, as now in effect or as amended from time to time, shall be a condition of the Employee's continued employment. The Employee shall affirm compliance with such Standards at least annually, and shall make disclosures as required by such Standards.

Obligations of the Employee. The Employee shall perform conscientiously and to the best of his ability perform all duties assigned to him by the Employer (in or with the Corporation, the Employer or any Affiliate), and shall devote his full time and attention to the performance of such duties to the exclusion of any other commercial duties or pursuits whatsoever. The Employee shall not become involved in any personal investment or business which may adversely affect the business of the Employer, the Corporation or its Affiliates. Compliance by the Employee with the Standards for Officers and Professionals of First Security Corporation and Affiliates, as now in effect or as amended from time to time, shall be a condition of the Employee's continued employment. The Employee shall affirm compliance with such Standards at least annually, and shall make disclosures as required by such Standards. 9.