Common use of Part-Time Service Clause in Contracts

Part-Time Service. The Executive agrees to faithfully, honestly and diligently serve the Company and to devote Executive's part-time attention and best efforts to further the business and interests of the Company during the period of this Agreement, The Executive agrees and undertakes to inform the board of directors of the Company (the “Board”) immediately after becoming aware of any matter that may in any way raise a conflict of interest between the Executive and the Company. For the avoidance of doubt, nothing in this Section 1.3 shall degrade from the Executive's obligation to continue observing all of his undertakings under this Agreement in their entirety, including, without limitation, his obligations of confidentiality and non-disclosure.

Appears in 3 contracts

Samples: Employment Agreement (Oramed Pharmaceuticals Inc.), Employment Agreement (Global Energy Inc), Employment Agreement (Oramed Pharmaceuticals Inc.)

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Part-Time Service. The Executive agrees to faithfully, honestly and diligently serve the Company and to devote Executive's part-time attention and best efforts to further the business and interests of the Company during the period of this Agreement, The Executive agrees and undertakes to inform the board of directors of the Company (the “Board”) immediately after becoming aware of any matter that may in any way raise a conflict of interest between the Executive and the Company. For the avoidance of doubt, nothing in this Section 1.3 shall degrade from the Executive's obligation to continue observing all of his her undertakings under this Agreement in their entirety, including, without limitation, his her obligations of confidentiality and non-disclosure.

Appears in 1 contract

Samples: Employment Agreement (Oramed Pharmaceuticals Inc.)

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