RESPONSIBILITIES OF EMPLOYMENT. During the term of Employee's employment, Employee: (a) shall diligently and faithfully serve the Company in such capacity as may be determined from time to time by the President of the Company and perform such other duties, assignments and responsibilities as the Company may impose upon Employee from time to time, consistent with his role as an executive officer of the Company, and he shall devote his best efforts and entire business time, services and attention to the advancement of the Company's interests; and (b) shall not, without the prior written consent of the President of the Company, engage in any other employment or business, directly or indirectly, in any capacity (whether as a sole proprietor, partner, member, manager, director, officer, employee, consultant or otherwise), whether for compensation or otherwise and whether or not such business is in competition or conflict with the business of the Company provided, however ownership of not more than one percent (1%) of the securities of any publicly-held corporation or five percent (5%) of any private corporation shall not constitute a violation of this Section 2.
Appears in 2 contracts
Samples: Employment Agreement (Bpi Packaging Technologies Inc), Employment Agreement (Bpi Packaging Technologies Inc)
RESPONSIBILITIES OF EMPLOYMENT. During the term of Employee's employment, Employee: (a) shall diligently and faithfully serve the Company in such capacity as may be determined from time to time by the President of the Company and perform such other duties, assignments and responsibilities as the Company may impose upon Employee from time to time, consistent with his her role as an executive officer of the Company, and he she shall devote his her best efforts and entire business time, services and attention to the advancement of the Company's interests; and (b) shall not, without the prior written consent of the President of the Company, engage in any other employment or business, directly or indirectly, in any capacity (whether as a sole proprietor, partner, member, manager, director, officer, employee, consultant or otherwise), whether for compensation or otherwise and whether or not such business is in competition or conflict with the business of the Company provided, however ownership of not more than one percent (1%) of the securities of any publicly-held corporation or five percent (5%) of any private corporation shall not constitute a violation of this Section 2.
Appears in 1 contract
Samples: Employment Agreement (Bpi Packaging Technologies Inc)
RESPONSIBILITIES OF EMPLOYMENT. During the term of Employee's employment, Employee: (a) shall diligently and faithfully serve the Company in such capacity as may be determined from time to time by the President of the Company and perform such other duties, assignments and responsibilities as the Company may impose upon Employee from time to time, consistent with his role as an executive officer of the Company, and he shall devote his best efforts and entire business time, services and attention to the advancement of the Company's interests; and (b) shall not, without the prior written consent of the President of the Company, engage in any other employment or business, directly or indirectly, in any capacity (whether as a sole proprietor, partner, member, manager, director, officer, employee, consultant or otherwise), whether for compensation or otherwise and whether or not such business is in competition or conflict with the business of the Company provided, however ownership of not more than one percent (11 %) of the securities of any publicly-held corporation or five percent (55 %) of any private corporation shall not constitute a violation of this Section 2.
Appears in 1 contract
Samples: Employment Agreement (Bpi Packaging Technologies Inc)
RESPONSIBILITIES OF EMPLOYMENT. During the term of Employee's employment, Employee: (a) shall diligently and faithfully serve the Company in such capacity as may be determined from time to time by the President of the Company and perform such other duties, assignments and responsibilities as the Company may impose upon Employee from time to time, consistent with his role as an executive officer of the Company, and he shall devote his best efforts and entire business time, services and attention to the advancement of the Company's interests; and (b) shall not, without the prior written consent of the President of the Company, engage in any other employment or business, directly or indirectly, in any capacity (whether as a sole proprietor, partner, member, manager, director, officer, employee, consultant or otherwise), whether for compensation or otherwise and whether or not such business is in competition or conflict with the business of the Company providedPROVIDED, however HOWEVER ownership of not more than one percent (1%) of the securities of any publicly-held corporation or five percent (5%) of any private corporation shall not constitute a violation of this Section 2.
Appears in 1 contract
Samples: Employment Agreement (Bpi Packaging Technologies Inc)
RESPONSIBILITIES OF EMPLOYMENT. During the term of Employee's employment, Employee: (a) shall diligently and faithfully serve the Company in such capacity as may be determined from time to time by the President Board of Directors of the Company and perform such other duties, assignments and responsibilities as the Company may impose upon Employee from time to time, consistent with his role as an executive officer of the Company, and he shall devote his best efforts and entire business time, services and attention to the advancement of the Company's interests; and (b) shall not, without the prior written consent of the President Board of Directors of the Company, engage in any other employment or business, directly or indirectly, in any capacity (whether as a sole proprietor, partner, member, manager, director, officer, employee, consultant or otherwise), whether for compensation or otherwise and whether or not such business is in competition or conflict with the business of the Company provided, however ownership of not more than one percent (1%) of the securities of any publicly-held corporation or five percent (5%) of any private corporation shall not constitute a violation of this Section 2.
Appears in 1 contract
Samples: Employment Agreement (Bpi Packaging Technologies Inc)