Common use of Performance and Other Activities Clause in Contracts

Performance and Other Activities. So long as you are employed under this Agreement, you agree to devote your full business time and efforts exclusively on behalf of the Company and to competently and diligently discharge your duties hereunder, provided that the foregoing shall not prevent you from (i) serving on the boards of directors of non-profit organizations, (ii) continuing to serve on the boards of directors of Halliburton Company and The TJX Companies, Inc., (iii) participating in charitable, civic, educational, professional, community or industry affairs, although any speaking engagements must be on behalf of Block and you may not receive any remuneration for such speaking engagements and (iv) managing your passive personal investments, so long as such activities described in clauses (i), (iii) and (iv) in the aggregate do not materially interfere or conflict with your full-time employment hereunder and do not violate the other provisions of this Agreement or the H&R Block, Inc. Code of Business Ethics & Conduct, which you acknowledge having read and understood. You will comply in all material respects with all reasonable policies of the Company as are from time to time in effect and applicable to your position. You understand that the business of Block, the Company, and/or any other direct or indirect subsidiary of Block (each such other subsidiary an “Affiliate”) may be subject to governmental regulation, some of which may require you to submit to background investigation as a condition of Block, the Company, and/or Affiliates’ participation in certain activities subject to such regulation. If you, Block, the Company, or Affiliates are unable to participate, in whole or in part, in any such activity solely as the result of any action or inaction on your part, then this Agreement and your employment hereunder may be terminated by the Company without notice.

Appears in 1 contract

Samples: Employment Agreement (H&r Block Inc)

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Performance and Other Activities. So long as you are employed under this Agreement, you agree to devote substantially all of your full business time and efforts exclusively on behalf attention (excepting vacation time, holidays, sick days and periods of disability) to the Company and to competently and diligently discharge good faith performance of your duties hereunder, provided that the foregoing shall not prevent you from (i) continuing to serve on the board of directors of the Bay Harbor Foundation, and with prior Board Approval, which will not be unreasonably withheld or delayed, serving on the boards of directors of other non-profit organizations, (ii) continuing to serve on the board of directors of one of the for-profit boards you now serve on with resignation from the other within a reasonable period of time (but no other for-profit boards of directors of Halliburton Company and The TJX Companies, Inc.without prior Board approval), (iii) participating in charitable, civic, educational, professional, community or industry affairs, although including, without limitation, delivering lectures, and fulfilling speaking engagements, provided that you shall decline or contribute to charity any speaking engagements must be on behalf of Block honorarium you receive and you may not receive retain any remuneration for such speaking engagements (in each case, other than reasonable expense reimbursement), and (iv) managing your and your family’s personal investments (whether or not passive personal investmentsin nature), so long as such activities described in clauses (i), (ii), (iii) and (iv) in the aggregate do not materially interfere or conflict with the performance of your full-time employment duties and responsibilities hereunder and do not materially violate the other provisions of either this Agreement or the H&R Block, Inc. Code of Business Ethics & Conduct, which you acknowledge having read and understood. You will use reasonable efforts to comply in all material respects with all reasonable policies of the Company as are from time to time in effect and applicable to your position. You understand that the business of Block, the Company, and/or any other direct or indirect subsidiary of Block (each such other subsidiary an “Affiliate”) may be subject to governmental regulation, some of which may require you to submit to background investigation as a condition of Block, the Company, and/or Affiliates’ participation in certain activities subject to such regulation. If you, Block, the Company, or Affiliates are unable to participate, in whole or in part, in any such activity solely as the result of any action or inaction on your part, then this Agreement and your employment hereunder may be terminated by the Company without notice.

Appears in 1 contract

Samples: Employment Agreement (H&r Block Inc)

Performance and Other Activities. So long as you are employed under this Agreement, you agree to devote substantially all of your full business time and efforts exclusively on behalf attention (excepting vacation time, holidays, sick days and periods of disability) to the Company and to competently and diligently discharge good faith performance of your duties hereunder; provided that, provided that the foregoing shall not prevent you from (i) with prior Board approval, which will not be unreasonably withheld or delayed, serving on the boards of directors of non-profit organizations, (ii) continuing with prior Board approval, and consistent with the H&R Block, Inc. Corporate Governance Guidelines (the current copy of which has been provided to serve you) which will not be unreasonably withheld or delayed, serving on the boards board of directors of Halliburton Company and The TJX Companiesof, Inc.or consulting for, for-profit entities, (iii) participating in charitable, civic, educational, professional, community or industry affairs, although any including, without limitation, delivering lectures, presentations, and reports and fulfilling speaking engagements must be on behalf of Block and you may not receive any remuneration for such speaking engagements engagements, and (iv) managing your and your family’s personal investments (whether or not passive personal investmentsin nature), so long as such activities described in clauses (i), (ii), (iii) and (iv) in the aggregate do not materially interfere or conflict with the performance of your full-time employment duties and responsibilities hereunder and do not materially violate the other provisions of either this Agreement or the H&R Block, Inc. Code of Business Ethics & Conduct, which you acknowledge having read and understood. You will use reasonable efforts to comply in all material respects with all reasonable policies of the Company as are from time to time in effect and applicable to your position. You understand that the business of Block, the Company, and/or any other direct or indirect subsidiary of the Company or Block (each such other subsidiary an “Affiliate”) may be subject to governmental regulation, some of which may require you to submit to background investigation as a condition of Block, the Company, and/or Affiliates’ participation in certain activities subject to such regulation. If you, Block, the Company, or Affiliates are unable to participate, in whole or in part, in any such activity solely as the result of any action or inaction on your part, then this Agreement and your employment hereunder may be terminated by the Company without notice.

Appears in 1 contract

Samples: Employment Agreement (H&r Block Inc)

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Performance and Other Activities. So long as you are employed under this Agreement, you agree to devote substantially all of your full business time and efforts exclusively on behalf attention (excepting vacation time, holidays, sick days and periods of disability) to the Company and to competently and diligently discharge good faith performance of your duties hereunder; provided that, provided that the foregoing shall not prevent you from (i) with prior Board approval, which will not be unreasonably withheld or delayed, serving on the boards of directors of non-profit organizations, (ii) continuing with prior Board approval, and consistent with the H&R Block, Inc. Corporate Governance Guidelines (the current copy of which has been provided to serve you) which will not be unreasonably withheld or delayed, serving on the boards board of directors of Halliburton Company and The TJX Companiesof, Inc.or consulting for, for-profit entities, (iii) participating in charitable, civic, educational, professional, community or industry affairs, although any including, without limitation, delivering lectures, presentations, and reports and fulfilling speaking engagements must be on behalf of Block and you may not receive any remuneration for such speaking engagements engagements, and (iv) managing your and your family’s personal investments (whether or not passive personal investmentsin nature), so long as such activities described in clauses (i), (ii), (iii) and (iv) in the aggregate do not materially interfere or conflict with the performance of your full-time employment duties and responsibilities hereunder and do not materially violate the other provisions of either this Agreement or the H&R Block, Inc. Code of Business Ethics & Conduct, which you acknowledge having read and understood. You will use reasonable efforts to comply in all material respects with all reasonable policies of the Company as are from time to time in effect and applicable to your position. You understand that the business of Block, the Company, and/or any other direct or indirect subsidiary of the Company or Block (each such other subsidiary subsidiary, an “Affiliate”) may be subject to governmental regulation, some of which may require you to submit to background investigation as a condition of Block’s, the Company’s, and/or Affiliates’ an Affiliate’s participation in certain activities subject to such regulation. If you, Block, the Company, or Affiliates are unable to participate, in whole or in part, in any such activity solely as the result of any action or inaction on your part, then this Agreement and your employment hereunder may be terminated by the Company without notice.

Appears in 1 contract

Samples: Employment Agreement (H&r Block Inc)

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