Services and Exclusivity of Services. So long as this Agreement shall continue in effect, Executive shall devote Executive's full business time, energy and ability to the matters related thereto in order to perform duties as assigned by the Board of directors of the Company (the "Board"), Executive shall use Executive's best efforts and abilities to promote the Company's interests and shall perform the services contemplated by this Agreement in accordance with policies established by and under the direction of the Board. Executive agrees to serve without additional remuneration in such executive capacities for one or more direct or indirect Affiliates of the Company as the Board may from time to time request, subject to appropriate authorization by the Affiliate or Affiliates involved and any limitations under applicable law. Executive agrees to faithfully and diligently promote the business, affairs and interests of the Company and its Affiliates. Without the prior express written authorization of the Board, Executive shall not, directly or indirectly, during the term of this Agreement engage in any activity competitive with or adverse to the Company's business, whether alone, as a partner, officer, director, employee or significant investor of or in any other entity. (An investment of greater than 5% of the outstanding capital or equity securities of an entity shall be deemed significant for these purposes.) Executive represents to the Company that Executive has no other outstanding commitments inconsistent with any of the terms of this Agreement or the services to be rendered hereunder.
Appears in 4 contracts
Samples: Employment Agreement (Shearson Financial Network Inc), Employment Agreement (Shearson Financial Network Inc), Employment Agreement (Shearson Financial Network Inc)
Services and Exclusivity of Services. So long as this Agreement shall continue remain in effect, Executive shall devote Executive's her full business time, energy and ability to the matters related thereto thereto, in order to perform duties as assigned by the Board of directors Directors of the Company (the "“Board"”), Executive shall use Executive's ’s best efforts and abilities to promote the Company's ’s interests and shall perform the services contemplated by this Agreement in accordance with policies established by and under the direction of the Board. Executive agrees to serve without additional remuneration in such executive capacities for one or more direct or indirect Affiliates of the Company as the Board may from time to time request, subject to appropriate authorization by the Affiliate or Affiliates involved and any limitations under applicable law. Executive agrees to faithfully and diligently promote the business, affairs and interests of the Company and its Affiliates. Without the prior express written authorization of the Board, Executive shall not, directly or indirectly, during the term of this Agreement engage in any activity competitive with or adverse to the Company's ’s business, whether alone, as a partner, officer, director, employee or significant investor of or in any other entity. (An investment of greater than 5% of the outstanding capital or equity securities of an entity shall be deemed significant for these purposes.) Executive represents to the Company that Executive has no other outstanding commitments inconsistent with any of the terms of this Agreement or the services to be rendered hereunder.
Appears in 3 contracts
Samples: Employment Agreement, Employment Agreement (FTE Networks, Inc.), Employment Agreement (Focus Venture Partners, Inc)
Services and Exclusivity of Services. So long as this Agreement shall continue in effect, Executive shall devote Executive's ’s full business time, energy and ability to the matters related thereto in order to perform duties as assigned by the Board of directors of the Company (the "“Board"”), Executive shall use Executive's ’s best efforts and abilities to promote the Company's ’s interests and shall perform the services contemplated by this Agreement in accordance with policies established by and under the direction of the Board. Executive agrees to serve without additional remuneration in such executive capacities for one or more direct or indirect Affiliates of the Company as the Board may from time to time request, subject to appropriate authorization by the Affiliate or Affiliates involved and any limitations under applicable law. Executive agrees to faithfully and diligently promote the business, affairs and interests of the Company and its Affiliates. Without the prior express written authorization of the Board, Executive shall not, directly or indirectly, during the term of this Agreement engage in any activity competitive with or adverse to the Company's ’s business, whether alone, as a partner, officer, director, employee or significant investor of or in any other entity. (An investment of greater than 5% of the outstanding capital or equity securities of an entity shall be deemed significant for these purposes.) Executive represents to the Company that Executive has no other outstanding commitments inconsistent with any of the terms of this Agreement or the services to be rendered hereunder.
Appears in 2 contracts
Samples: Employment Agreement (Shearson Financial Network Inc), Employment Agreement (Shearson Financial Network Inc)
Services and Exclusivity of Services. So long as this Agreement shall continue in effect, Executive shall devote Executive's full business time, energy and ability to the matters related thereto in order to perform duties as assigned by the Board of directors Directors of the Company (the "Board"), . Executive shall use Executive's best efforts and abilities to promote the Company's interests and shall perform the services contemplated by this Agreement in accordance with policies established by and under the direction of the Board. Executive agrees to serve without additional remuneration in such other executive capacities for one or more direct or indirect Affiliates of the Company as the Board may from time to time request, subject to appropriate authorization by the Affiliate or Affiliates involved and any limitations under applicable law. Executive agrees to faithfully and diligently promote the business, affairs and interests of the Company and its Affiliates. Without the prior express written authorization of the Board, Executive shall not, directly or indirectly, during the term of this Agreement engage in any activity competitive with or adverse to the Company's business, whether alone, as a partner, officer, director, employee or significant investor of or in any other entity. (An investment of greater than 5% of the outstanding capital or equity securities of an entity shall be deemed significant for these purposes.) Executive represents to the Company that Executive has no other outstanding commitments inconsistent with any of the terms of this Agreement or the services to be rendered hereunder.
Appears in 2 contracts
Samples: Employment Agreement (Las Vegas Railway Express, Inc.), Employment Agreement (Las Vegas Railway Express, Inc.)
Services and Exclusivity of Services. So long as this Agreement agreement shall continue in effect, Executive shall devote develop Executive's ’s full business time, time energy and ability to the matters related thereto in order to perform duties as assigned by the Board of directors Directors of the Company (the "“Board"”), Executive shall use Executive's Executive best efforts and abilities to promote the Company's ’s interests and shall perform the services contemplated by this Agreement agreement in accordance with the policies established by and under the direction of the Board. Executive agrees to serve without additional remuneration in renumeration and such executive capacities for one or more direct or indirect Affiliates affiliates of the Company Company, as the Board may from time to time request, request subject to appropriate authorization by the Affiliate affiliate or Affiliates affiliates involved and any limitations under applicable law. Executive law executive agrees to faithfully and diligently promote the business, business affairs and interests interest of the Company and its Affiliates. Without the prior express written authorization of the Board, Executive shall not, directly or indirectly, during the term of this Agreement engage in any activity competitive with with, or adverse to the Company's ’s business, whether alone, as a partner, officer, director, employee or significant investor of or in any other entity. (An investment of greater than 5% of the outstanding capital or equity securities of an entity shall be deemed significant for these purposes.) ). Executive represents to the Company that Executive has no other outstanding commitments inconsistent with any of the terms of this Agreement or the services to be rendered hereunder.
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