Reservations of Authority. Since acceptance by an employee of a position as an officer or director of an outside business concern may entail important legal and business risks to the Company and the individual involved, it is desirable that employees refrain from accepting such positions except where the propriety of their participation has been clearly established.
Appears in 5 contracts
Samples: Executive Employment Agreement (Trans Century Resources Inc), Executive Employment Agreement (Trans Century Resources Inc), Executive Employment Agreement (Trans Century Resources Inc)