Common use of Part-Time Employment Term Definition; Obligations Clause in Contracts

Part-Time Employment Term Definition; Obligations. The periods of part-time employment specified in this Section 6 shall be defined as the “Part-Time Employment Term” for the purposes of this Agreement. During any Part-Time Employment Term, Executive shall be required to devote such time in rendering services to the Company as shall be reasonably agreed upon and acceptable to the Executive and the Company, but in any event, not less than ten hours per month. During the Part-Time Employment Term, Executive shall be free to serve as a director, employee, consultant or advisor to any other corporation or other business enterprise without the prior written consent of the Company so long as such activities do not interfere with his duties and obligations under this Agreement, including without limitation, Executive’s obligations under Section 9 hereof. In consideration of Executive’s not working for a “Drug Delivery Company” (as such term is defined in Section 9) and being available to provide the mutually agreed upon services required hereunder during the Part-Time Employment Term, the Executive shall receive the compensation specified in this Section 6.

Part-Time Employment Term Definition; Obligations. The periods of part-time employment specified in this Section 6 7 shall be defined as the “"Part-Time Employment Term” " for the purposes of this Amended Agreement. During any Part-Time Employment Term, Executive shall be required to devote such time in rendering services to the Company as shall be reasonably mutually agreed upon and acceptable to the Executive and the Company, but in any event, not less than ten hours per month. During the Part-Time Employment Term, Executive shall be free to serve as a director, employee, consultant or advisor to any other corporation or other business enterprise without the prior written consent of the Company so long as such activities do not interfere with his duties and obligations under this Amended Agreement, including including, without limitation, Executive’s 's obligations under Section 9 10 hereof. In consideration of Executive’s 's not working for a “Drug Delivery Company” (as such term is defined in Section 9) Non-Competing Company or a Competing Company and being available to provide the mutually agreed upon services required hereunder during the Part-Time Employment Term, the Executive shall receive the compensation specified in this Section 67. At the end of such Part-Time Employment Term, the Executive's employment with the Company shall terminate.

Part-Time Employment Term Definition; Obligations. The periods of part-time employment specified in this Section 6 7 shall be defined as the “"Part-Time Employment Term” " for the purposes of this Agreement. During any Part-Time Employment Term, Executive shall be required to devote such time in rendering services to the Company as shall be reasonably mutually agreed upon and acceptable to the Executive and the Company, but in any event, not less than ten hours per month. During the Part-Time Employment Term, Executive shall be free to serve as a director, employee, consultant or advisor to any other corporation or other business enterprise without the prior written consent of the Company so long as such activities do not interfere with his duties and obligations under this Agreement, including including, without limitation, Executive’s 's obligations under Section 9 10 hereof. In consideration of Executive’s 's not working for a “Drug Delivery Company” (as such term is defined in Section 9) Non-Competing Company or a Competing Company and being available to provide the mutually agreed upon services required hereunder during the Part-Time Employment Term, the Executive shall receive the compensation specified in this Section 67.