Common use of Services and Exclusivity of Services Clause in Contracts

Services and Exclusivity of Services. During the Term of this Agreement, Employee shall devote Employee’s full business time, energy and ability exclusively to the business, affairs and interests of the Company and matters related thereto, shall use Employee’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 of Directors of the Company (the “Board”). Employee shall not, directly or indirectly, during the term of this Agreement render services to any other person or firm for compensation or engage in any activity competitive with or adverse to the Company’s business. Employee may serve as a director or in any other capacity of any business enterprise or any nonprofit or governmental entity or trade association, provided in each case that such service is approved by the Board. Notwithstanding the foregoing, Employee may make and manage personal business investments of Employee’s choice and serve in any capacity with any civic, educational or charitable organization (other than as a director of such organization, approval for which may be sought under the immediately preceding sentence of this Section 2) without seeking the approval of the Board, provided that such activities and services do not interfere or conflict with the performance of the duties hereunder or create any conflict of interest with such duties.

Appears in 3 contracts

Samples: Employment Agreement (Corinthian Colleges Inc), Employment Agreement (Corinthian Colleges Inc), Employment Agreement (Corinthian Colleges Inc)

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Services and Exclusivity of Services. During the Term of So long as this AgreementAgreement shall continue in effect, Employee Executive shall devote EmployeeExecutive’s full business time, energy and ability exclusively to the business, affairs and interests of the Company and matters related thereto, shall use EmployeeExecutive’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 Company’s Board of Directors of the Company (the “Board”)) and/or the Company’s Chief Executive Officer. Employee Without the prior express written authorization of the Board, Executive shall not, directly or indirectly, during the term of this Agreement render services to any other person or firm for compensation or engage in any activity competitive with or adverse to the Company’s business. Employee Executive may serve as a director or in any other capacity of any business enterprise or any nonprofit or governmental entity or trade association, provided in each case that such service is approved in advance of such service and in writing by the Board. Notwithstanding the foregoing, Employee Executive may make and manage personal business investments of EmployeeExecutive’s choice and serve in any capacity with any civic, educational or charitable organization (other than as a director of such organization, approval for which may be sought under the immediately preceding sentence of this Section 2) without seeking the approval of the Board, provided that such activities and services do not materially interfere or conflict with the performance of the duties hereunder or create any conflict of interest with such duties.

Appears in 2 contracts

Samples: Employment Agreement (Meade Instruments Corp), Employment Agreement (Meade Instruments Corp)

Services and Exclusivity of Services. During the Term of So long as this AgreementAgreement shall continue in effect, Employee shall devote Employee’s full business time, energy and ability exclusively to the business, affairs and interests of the Company and matters related thereto, shall use Employee’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 of Directors and/or senior management of the Company (Company. Without the prior express written authorization of the Board”). , Employee shall not, directly or indirectly, during the term of this Agreement render services to any other person or firm for compensation or engage in any activity competitive with or adverse to the Company’s business. Employee may serve as a director or in any other capacity of any business enterprise or any nonprofit or governmental entity or trade association, provided in each case that such service is approved in advance of such service and in writing by the Board. Notwithstanding the foregoing, Employee may make and manage personal business investments of Employee’s choice and serve in any capacity with any civic, educational or charitable organization (other than as a director of such organization, approval for which may be sought under the immediately preceding sentence of this Section 2) without seeking the approval of the Board, provided that such activities and services do not materially interfere or conflict with the performance of the duties hereunder or create any conflict of interest with such duties.

Appears in 1 contract

Samples: Employment Agreement (Meade Instruments Corp)

Services and Exclusivity of Services. During the Term of So long as this AgreementAgreement shall continue in effect, Employee shall devote Employee’s 's full business time, energy and ability exclusively to the business, affairs and interests of the Company and matters related thereto, shall use Employee’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 of Directors of the Company (the "Board")] [or] [the chief executive officer of the Company ("CEO")]. Without the prior express written authorization of the Board, Employee shall not, directly or indirectly, during the term of this Agreement render services to any other person or firm for compensation or engage in any activity competitive with or adverse to the Company’s 's business. Employee may serve as a director or in any other capacity of any business enterprise or any nonprofit or governmental entity or trade association, provided in each case that such service is approved by the Board. Notwithstanding the foregoing, Employee may make and manage personal business investments of Employee’s 's choice and serve in any capacity with any civic, educational or charitable organization (other than as a director of such organization, approval for which may be sought under the immediately preceding sentence of this Section 2) without seeking the approval of the Board, provided that such activities and services do not substantially interfere or conflict with the performance of the duties hereunder or create any conflict of interest with such duties.

Appears in 1 contract

Samples: Employment Agreement (Meade Instruments Corp)

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Services and Exclusivity of Services. During So long as this Agreement shall continue in effect, during the Term of this Agreement, Company’s normal business hours Employee shall devote Employee’s full substantially all of his business time, energy and ability exclusively to the business, affairs and interests of the Company and matters related thereto, shall use Employee’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 of Directors of the Company (the “Board”). Without the prior express written authorization of the Board, Employee shall not, directly or indirectly, during the term of this Agreement render services to any other person or firm for compensation or engage in any activity competitive with or adverse to the Company’s business. Employee may serve as a director or in any other capacity of any business enterprise or any nonprofit or governmental entity or trade association, provided in each case that such service is approved in advance of such service and in writing by the Board. Notwithstanding the foregoing, Employee may (i) make and manage personal business investments of Employee’s choice and serve in any capacity with any civic, educational or charitable organization (other than as a director of such organization, approval for which may be sought under the immediately preceding sentence of this Section 2) without seeking the approval of the Board, provided that such activities and services do not materially interfere or conflict with the performance of the duties hereunder or create any conflict of interest with such dutiesduties and (ii) continue to work at Grandma Lucy’s outside of the Company’s normal business hours.

Appears in 1 contract

Samples: Employment Agreement (Meade Instruments Corp)

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