Common use of Undertakings of Employee Clause in Contracts

Undertakings of Employee. Employee agrees to spend Employee's full working time and effort in performing Employee's duties with Employer so long as employed by Employer, and will not, during the course of employment by Employer, without prior written approval of Employer, become an employee, director, officer, agent, partner of or consultant to, or a stockholder of (except a stockholder of a public company in which Employee owns less than five percent (5%) of the issued and outstanding capital stock of such company) any company or other business entity which is a significant competitor, supplier, or customer of Employer.

Undertakings of Employee. Employee agrees to spend Employee's full working time and effort in performing performance of Employee's duties with Employer the Company so long as employed by Employerthe Company, and Employee will not, during the course of employment by Employerthe Company, without prior written approval of Employerthe Board of Directors of the Company, become an employee, director, officer, agent, partner of or consultant to, or a stockholder of (except a stockholder of a public company in which Employee owns less than five percent (5%) of the issued and outstanding capital stock of such company) any company or other business entity which is a competitor or significant competitor, supplier, or customer of Employerthe Company.