Common use of Preservation of Business; Fiduciary Responsibility Clause in Contracts

Preservation of Business; Fiduciary Responsibility. Executive shall use his best efforts to preserve the business and organization of Employer, GM, GM Holdings and GM LLC, to keep available to Employer the services of present employees and to preserve the business relations of Employer, GM, GM Holdings and GM LLC with dealers, retailers, suppliers, distributors, investors, investment bankers, customers and others. Executive shall not commit any act, or in any way assist others to commit any act, that would injure Employer, GM, GM Holdings or GM LLC. So long as Executive is employed by Employer, Executive shall observe and fulfill proper standards of fiduciary responsibility attendant upon his service and office.

Appears in 5 contracts

Samples: Employment Agreement (Americredit Corp), Employment Agreement (Americredit Corp), Employment Agreement (Americredit Corp)

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