Common use of Time to be Devoted to Employment Clause in Contracts

Time to be Devoted to Employment. During the Employment Period, the Executive shall devote substantially all of his working time, attention and energies to the business of the Company to further the goals and objectives of the Company and its direct and indirect subsidiaries. During the Employment Period, without first obtaining the prior written approval of the Chief Executive Officer, which approval shall not be unreasonably withheld, Executive shall not directly or indirectly, own, manage, operate, invest in, join, control or participate in the ownership, management or operation or control of, or be connected as a director, officer, employee, partner, lender or consultant or otherwise with, any business or organization; provided, however, Executive need not obtain such prior written consent with respect to any passive investment in any entity provided that the Executive is not required to devote more than a nominal amount of his working time to such investment or entity.

Time to be Devoted to Employment. During the Employment Period, the Executive shall devote substantially all of his working time, attention and energies to the business of the Company to further the goals and objectives of the Company and its direct and indirect subsidiaries. During the Employment Period, without first obtaining the prior written approval of the Chief Executive Officer, which approval shall not be unreasonably withheld, Executive shall not directly or indirectly, own, manage, operate, invest in, join, control or participate in the ownership, ownership management or operation or control of, or be connected as a director, officer, employee, partner, lender or consultant or otherwise with, any business or organization; provided, however, Executive need not obtain such prior written consent with respect to any passive investment in any entity, or with respect to any entity listed on Schedule 1 to this Agreement, provided that the Executive is not required to devote more than a nominal amount of his working time to any such investment or entity.

Time to be Devoted to Employment. During the Employment Period, the Executive shall devote substantially all of his working time, attention and energies to the business of the Company to further the goals and objectives of the Company and its direct and indirect subsidiaries. During the Employment Period, without first obtaining the prior written approval of the Chief Executive OfficerBoard of Directors, which approval shall not be unreasonably withheld, Executive shall not directly or indirectly, own, manage, operate, invest in, join, control or participate in the ownership, management or operation or control of, or be connected as a director, officer, employee, partner, lender or consultant or otherwise with, any business or organization; provided, however, Executive need not obtain such prior written consent with respect to any passive investment in any entity provided that the Executive is not required to devote more than a nominal amount of his working time to such investment or entity.

Time to be Devoted to Employment. During the Employment Period, the Executive shall devote substantially all of his or her working time, attention and energies to the business of the Company to further the goals and objectives of the Company and its direct and indirect subsidiaries. During the Employment Period, without first obtaining the prior written approval of the Chief Executive Officer, which approval shall not be unreasonably withheld, Executive shall not directly or indirectly, own, manage, operate, invest in, join, control or participate in the ownership, management or operation or control of, or be connected as a director, officer, employee, partner, lender or consultant or otherwise with, any business or organization; provided, however, Executive need not obtain such prior written consent with respect to any passive investment in any entity provided that the Executive is not required to devote more than a nominal amount of his or her working time to such investment or entity.

Time to be Devoted to Employment. During the Employment Period, the Executive shall devote substantially all of his working time, attention and energies to the business of the Company to further the goals and objectives of the Company and its direct and indirect subsidiaries. During the Employment Period, without first obtaining the prior written approval of the Chief Executive Officer, which approval shall not be unreasonably withheld, Executive shall not directly or indirectly, own, manage, operate, invest in, join, control or participate in the ownership, management or operation or control of, or be connected as a director, officer, employee, partner, lender or consultant or otherwise with, any business or organization; provided, however, Executive need not obtain such prior written consent with respect to any passive investment in any entity or with respect to the entities listed on Schedule 1 to this Agreement, provided that the Executive is not required to devote more than a nominal amount of his working time to such investment or entity.