Other Boards. The Employee will not join the board of directors (or other applicable governing body) of any other business or organization (including, without limitation, a not-for-profit organization) without having first obtained the approval of the Nominating and Corporate Governance Committee of the Board of Directors of the Employer.
Other Boards. 4.1 In addition to the governance structure provided by the Contract and Operations Board, the Parties shall manage the Framework Agreement and each Customer and the Contractor shall manage each Call-Off Agreement through the additional Boards set out in this Paragraph 4.
Other Boards. Nothing in the Agreement shall prohibit Employee from serving on the board of directors of any profit or non-profit corporation not in direct competition with Bancorp or any of Bancorp's subsidiaries, sister or affiliated corporations. In addition, Employee may own stock in any other corporation whether or not the stock is publicly traded; provided, that if such corporation operates a business in competition with Bancorp Employee may not own more than five percent (5%) of the outstanding shares of such corporation.
Other Boards. During the Transition Period, Executive may serve on the board of directors of other entities and may pursue passive investments; provided that such activities do not unreasonably interfere with his duties and responsibilities hereunder or create a conflict of interest with the Company. 3.
Other Boards. During the term of Executive’s employment with the Company, Executive shall not serve on the board of directors, board of advisors, board of managers or any similar governing or advisory body of any “for-profit” entity (other than the Company and its subsidiaries), organization, foundation or association (a “For-Profit Board”). In addition, during the term of Executive’s employment with the Company, Executive shall not serve on the board of directors, board of advisors, board of managers or any similar governing or advisory body of any “non-profit” entity, organization, foundation or association (a “Non-Profit Board”) without the prior approval of the Board of Directors (which approval shall not be unreasonably withheld). Executive acknowledges and agrees that, prior to the effective date of this Agreement, he has (a) duly and validly resigned from any and all For-Profit Boards, if any, and (b) disclosed to the Board of Directors in writing the name of each Non-Profit Board, if any, on which Executive is currently serving or has applied to serve.
