Common use of Other Employee Obligations Clause in Contracts

Other Employee Obligations. (a) Employee is required to well and faithfully serve the Company and any Affiliates and to the best of Employee’s ability use Employee’s best endeavors at all times to promote the development of the Company’s business and reputation. Employee warrants that, during Employee’s employment with the Company, Employee shall use Employee’s best efforts to generate revenues commensurate with Employee’s position and responsibilities on behalf of the Company and any Affiliates and to advance the interests of the Company and Affiliates. (b) Employee must maintain the highest standards of honesty and fair dealing in Employee’s work for the Company and any Affiliate. Employee represents, warrants, and covenants that Employee possesses and will maintain all licenses, permits and qualifications necessary to perform Employee’s duties hereunder. Great importance is attached to the observance of the Company’s and its Affiliate’s policies and procedures as expressed in any personnel or compliance manual, all Federal and State laws and regulations (or if applicable, those of a foreign jurisdiction) and the rules of the any applicable self-regulatory organization. (c) During the Term of Employment and any extensions thereof, Employee shall not, without the written consent of the Company, enter into an agreement, whether oral, written or otherwise, with any person, firm or corporation providing for Employee’s future employment by such or any other person, firm or corporation. (d) The Partnership and Employee agree that the Partnership shall not initiate a court or arbitration proceeding against Employee to enforce the provisions of the Partnership Agreement in a manner that restricts Employee’s engagement in his Permitted Activities and/or that is more restrictive than the two-year non-compete, two-year client non-solicitation, five-year service provider/employee non-solicitation, and non-disparagement provisions in this Agreement to which Employee, one of the principle sellers, is subject if, as determined by the General Partner, Employee at all times otherwise has fully complied with, and remains in full compliance with, all of Employee’s agreements with the Company and/or its current and future Affiliates.

Appears in 2 contracts

Samples: Employment Agreement (Newmark Group, Inc.), Employment Agreement (Newmark Group, Inc.)

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Other Employee Obligations. (a) In order to retain and enhance eSpeed's standing and integrity at the forefront of the business community, the business conduct of Employee must be totally professional and Employee must at all times observe appropriate standards of politeness and courtesy in Employee's behavior both with the public and with colleagues. Employee is required to well and faithfully serve the Company and any Affiliates eSpeed and to the best of Employee’s 's ability use Employee’s 's best endeavors at all times to promote the development of the Company’s eSpeed's business and reputation. Employee warrants that, during Employee’s employment with the Company, Employee shall use Employee’s best efforts to generate revenues commensurate with Employee’s position and responsibilities on behalf of the Company and any Affiliates and to advance the interests of the Company and Affiliates. (b) Employee must maintain the highest standards of honesty and fair dealing in Employee’s 's work for the Company eSpeed and any Affiliate. Employee represents, warrants, and covenants that Employee possesses and will maintain all licenses, permits and qualifications necessary to perform Employee’s duties hereunder. Great importance is attached to the observance of the Company’s and its Affiliate’s eSpeed's policies and procedures as expressed in any personnel or compliance manual, all Federal and State laws and regulations (or if applicable, those of a foreign jurisdiction) and the rules of the National Association of Securities Dealers, Inc. or any other applicable self-regulatory organization. Material breach of any of these obligations may be regarded as misconduct and may result in summary dismissal for Cause. (c) If at any time during his employment with eSpeed Employee is, directly or indirectly, approached or solicited by a third party, with a view to or with the intention of taking up employment or entering into some other business relationship, whether directly or indirectly, with that of any other party which is involved in a business which is competitive with the current or then contemplated business of eSpeed or any Affiliate, as known to Employee, Employee shall disclose that fact immediately in writing to the CEO of eSpeed. Moreover, during the Term of Employment and any extensions of employment, Employee shall not, directly or indirectly, solicit, encourage the solicitation of, or discuss employment or entering into a business relationship, whether directly or indirectly with a party which is involved in a business which is competitive with the current or then contemplated business of eSpeed or any Affiliate, as known to Employee. (d) During the Term of Employment and any extensions thereof, Employee shall not, without the written consent of the CompanyeSpeed, enter into an agreement, whether oral, written or otherwise, with any person, firm or corporation providing for Employee’s 's future employment by such or any other person, firm or corporation. (d) The Partnership and Employee agree that the Partnership shall not initiate a court or arbitration proceeding against Employee to enforce the provisions of the Partnership Agreement in a manner that restricts Employee’s engagement in his Permitted Activities and/or that is more restrictive than the two-year non-compete, two-year client non-solicitation, five-year service provider/employee non-solicitation, and non-disparagement provisions in this Agreement to which Employee, one of the principle sellers, is subject if, as determined by the General Partner, Employee at all times otherwise has fully complied with, and remains in full compliance with, all of Employee’s agreements with the Company and/or its current and future Affiliates.

Appears in 1 contract

Samples: Employment Agreement (Espeed Inc)

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Other Employee Obligations. (a) In order to retain and enhance eSpeed's standing and integrity at the forefront of the business community, the business conduct of Employee must be totally professional and Employee must at all times observe appropriate standards of politeness and courtesy in Employee's behavior both with the public and with colleagues. Employee is required to well and faithfully serve the Company and any Affiliates eSpeed and to the best of Employee’s 's ability use Employee’s 's best endeavors at all times to promote the development of the Company’s eSpeed's business and reputation. Employee warrants that, during Employee’s employment with the Company, Employee shall use Employee’s best efforts to generate revenues commensurate with Employee’s position and responsibilities on behalf of the Company and any Affiliates and to advance the interests of the Company and Affiliates. (b) Employee must maintain the highest standards of honesty and fair dealing in Employee’s 's work for the Company eSpeed and any Affiliate. Employee represents, warrants, and covenants that Employee possesses and will maintain all licenses, permits and qualifications necessary to perform Employee’s duties hereunder. Great importance is attached to the observance of the Company’s and its Affiliate’s eSpeed's policies and procedures as expressed in any personnel or compliance manualmanual (copies of which have previously been provided to Employee), all Federal and State laws and regulations (or if applicable, those of a foreign jurisdiction) and the rules of the National Association of Securities Dealers, Inc. or any other applicable self-regulatory organization. Material breach of any of these obligations may be regarded as misconduct and may result in dismissal for Cause pursuant to Section 4(a) of this Agreement. (c) If at any time during the term of his employment hereunder Employee is, directly or indirectly, approached or solicited by a third party, with a view to or with the intention of taking up employment or entering into some other business relationship, whether directly or indirectly, with that of any other party which is involved in a business which is competitive with the current or then contemplated business of eSpeed or any Affiliate, as known to Employee, Employee shall disclose that fact immediately in writing to the CEO of eSpeed. Moreover, during the term of his employment hereunder, Employee shall not, directly or indirectly, solicit, encourage the solicitation of, or discuss employment or entering into a business relationship, whether directly or indirectly with a party which is involved in a business which is competitive with the current or then contemplated business of eSpeed or any Affiliate, as known to Employee. (d) During the Term term of Employment and any extensions thereofhis employment hereunder, Employee shall not, without the written consent of the CompanyeSpeed, enter into an agreement, whether oral, written or otherwise, with any person, firm or corporation providing for Employee’s 's future employment by such or any other person, firm or corporation. (d) The Partnership and Employee agree that the Partnership shall not initiate a court or arbitration proceeding against Employee to enforce the provisions of the Partnership Agreement in a manner that restricts Employee’s engagement in his Permitted Activities and/or that is more restrictive than the two-year non-compete, two-year client non-solicitation, five-year service provider/employee non-solicitation, and non-disparagement provisions in this Agreement to which Employee, one of the principle sellers, is subject if, as determined by the General Partner, Employee at all times otherwise has fully complied with, and remains in full compliance with, all of Employee’s agreements with the Company and/or its current and future Affiliates.

Appears in 1 contract

Samples: Employment Agreement (Espeed Inc)

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