Common use of Personal Trust Clause in Contracts

Personal Trust. 6.1 The Employee undertakes to carry out his duties with dedication and loyalty, to use all his abilities, knowledge and experience to the benefit of the Company. 6.2 During the period of his employment by the Company, the Employee shall not be entitled to engage in any additional work, with or without pay, of any kind whatsoever without receiving advance written authorization by the CEO of the Company. 6.3 The Employee undertakes to inform the Company, immediately and without delay, of any matter or issue regarding which he has a personal interest and/or which are liable to create a conflict of interests with his position in the Company. 6.4 The Employee's position is one of the positions requiring a special degree of personal trust, as defined in the Work and Rest Hours Law 1951, and therefore the instructions of this Law shall not apply to him.