Common use of Your Undertakings Clause in Contracts

Your Undertakings. (a) You hereby agree that you will use your best efforts on a full business-time basis (taking into account your continuing obligations to the Company) to assist the Company and its subsidiaries and affiliates (collectively, the "Company Group") in effecting a Sale (as defined below) and in obtaining the highest practicable sale price for the Company. In performing such duties, you will act at the direction of the Board of Directors of the Company (the "Board") or its designee.

Appears in 4 contracts

Samples: Retention Bonus Agreement (Panamsat Corp /New/), Retention Bonus Agreement (Panamsat Corp /New/), Retention Bonus Agreement (Panamsat Corp /New/)

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