Examples of Directorship Term in a sentence
During the Directorship Term and for a period of three (3) years thereafter, the Director shall not interfere with the Company’s relationship with, or endeavor to entice away from the Company, any person who, on the date of the termination of the Directorship Term and/or at any time during the one year period prior to the termination of the Directorship Term, was an employee or customer of the Company or otherwise had a material business relationship with the Company.
The Company shall reimburse the Director on request for all reasonable expenses incurred by the Director in responding to the Company’s requests for information and assistance upon submission of receipts if the Director provides such assistance after the termination of Directorship Term.
During the Directorship Term and thereafter, the Director shall not, and shall not induce others to, Disparage the Company or its subsidiaries or affiliates or their past and present officers, directors, employees or products.
The Director’s status during the Directorship Term shall be that of an independent contractor and not, for any purpose, that of an employee or agent with authority to bind the Company in any respect.