Common use of Duty of Loyalty Clause in Contracts

Duty of Loyalty. The Employee acknowledges that he is a fiduciary of the Company and owes a duty of loyalty to the Company to perform his duties and responsibilities under this Agreement in good faith and in the best interests of the Company and without personal economic conflict.

Appears in 5 contracts

Samples: Employment Agreement (JP Energy Partners LP), Employment Agreement (JP Energy Partners LP), Employment Agreement (JP Energy Partners LP)

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Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act in the best interests of the Company and without personal economic conflictto do no act that would materially injure the business, interests, or reputation of the Company or any of its affiliates. In keeping with these duties, Employee shall make full disclosure to the Company of all business opportunities pertaining to the Business (as defined below) and shall not appropriate for Employee’s own benefit business opportunities concerning the subject matter of the fiduciary relationship.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Preferred Voice Inc), Employment Agreement (Preferred Voice Inc), Employment Agreement (Preferred Voice Inc)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interest of Employer and to do no act which would injure the business, interests or reputation of the Company Employer or any of its affiliates. In keeping with these duties, Employee shall make full disclosure of all business opportunities pertaining to Employer or any of its affiliates’ business and without personal economic conflictshall not appropriate for Employee's own benefit any such business opportunity.

Appears in 5 contracts

Samples: Employment Agreement (Flower Turbines, Inc.), Employment Agreement (Flower Turbines, Inc.), Employment Agreement (Flower Turbines, Inc.)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of the Company and without personal economic conflictto do no act which would injure the business, interests, or reputation of Company or any of its subsidiaries. In keeping with these duties, Employee shall not appropriate for Employee's own benefit business opportunities concerning the subject matter of the fiduciary relationship.

Appears in 4 contracts

Samples: Employment Agreement (Spinnaker Exploration Co), Employment Agreement (Spinnaker Exploration Co), Employment Agreement (Spinnaker Exploration Co)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act in the best interests of the Company and without personal economic conflictto do no act that would materially injure the business, interests, or reputation of the Company or any of its affiliates. In keeping with these duties, Employee shall make full disclosure to the Company of all business opportunities pertaining to the Company’s business and shall not appropriate for Employee’s own benefit business opportunities concerning the subject matter of the fiduciary relationship.

Appears in 4 contracts

Samples: Employment Agreement (Cardtronics Inc), Employment Agreement (Cardtronics Inc), Employment Agreement (Cardtronics Inc)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty to the Company to perform his duties and responsibilities under this Agreement in good faith and act in the best interests of the Company and without personal economic conflictto do no act that would materially injure the business, interests or reputation of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Vegalab, Inc.), Employment Agreement (Vegalab, Inc.)

Duty of Loyalty. The Employee acknowledges and agrees that he is the Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of the Company and without personal economic conflictits Affiliates and to do no act that would injure the business, interests or reputation of the Company or any of its Affiliates. In keeping with these duties, the Employee shall make full disclosure to the Board of all business opportunities pertaining to the Company’s business and shall not appropriate for the Employee’s own benefit any such business opportunities.

Appears in 2 contracts

Samples: Employment Agreement (Cardtronics LP), Employment Agreement (Cardtronics Inc)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act in the best interests of the Company and without personal economic conflictits affiliates and to do no act that would materially injure the business, interests, or reputation of the Company or any of its affiliates. In keeping with these duties, Employee shall make full disclosure to the Company of all business opportunities pertaining to the Company’s business and shall not appropriate for Employee’s own benefit business opportunities concerning the subject matter of the fiduciary relationship.

Appears in 2 contracts

Samples: Employment Agreement (Extraction Oil & Gas, Inc.), Employment Agreement (Extraction Oil & Gas, Inc.)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests interest of the Company. In keeping with such duty, Employee shall make full disclosure to Company of all business opportunities pertaining to Company’s business and without personal economic conflictshall not appropriate for Employee’s own benefit business opportunities concerning Company’s business.

Appears in 2 contracts

Samples: Employment Agreement (Concho Resources Inc), Employment Agreement (Concho Resources Inc)

Duty of Loyalty. The Employee acknowledges that he is Employee owes a fiduciary duty of loyalty, fidelity and allegiance to act at all times in the best interest of the Company and owes a duty of loyalty to do no act that would injure the Company to perform his duties and responsibilities under this Agreement in good faith and in the best interests business, interests, or reputation of the Company and without personal economic conflictCompany.

Appears in 2 contracts

Samples: Employment Agreement (Rackspace Hosting, Inc.), Employment Agreement (Rackspace Hosting, Inc.)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of the Company. In keeping with such duty, Employee shall make full disclosure to Company of all business opportunities pertaining to Company’s business and without personal economic conflictshall not appropriate for Employee’s own benefit business opportunities concerning Company’s business.

Appears in 2 contracts

Samples: Employment Agreement (Trico Marine Services Inc), Employment Agreement (Trico Marine Services Inc)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of the Company and without personal economic conflictto do no act which would injure the business, interests, or reputation of Company or any of its subsidiaries or affiliates. In keeping with these duties, Employee shall make full disclosure to Company of all business opportunities pertaining to Company's business and shall not appropriate for Employee's own benefit business opportunities concerning the subject matter of the fiduciary relationship.

Appears in 1 contract

Samples: Employment Agreement (Enron Corp)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of the Company and without personal economic conflictto do no act that would injure the business, interests, or reputation of Company or any of its subsidiaries or affiliates. In keeping with these duties, Employee shall make full disclosure to Company of all business opportunities pertaining to Company’s business and shall not appropriate for Employee’s own benefit business opportunities concerning the subject matter of the fiduciary relationship.

Appears in 1 contract

Samples: Employment Agreement (Southwest Bancorp of Texas Inc)

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Duty of Loyalty. The Employee acknowledges and agrees that he is the Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of the Company and without personal economic conflictits Affiliates and to do no act that would injure the business, interests or reputation of the Company or any of its Affiliates. In keeping with these duties, the Employee shall make full disclosure to the Board of all business opportunities pertaining to the Company's business and shall not appropriate for the Employee's own benefit any such business opportunities.

Appears in 1 contract

Samples: Employment Agreement (Cardtronics Inc)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of Switch & Data Group and to do no act that would injure the business, interests or reputation of Company or any of its subsidiaries or affiliates. In keeping with these duties, Employee shall make full disclosure to Company of all business opportunities pertaining to Company’s business and without personal economic conflictshall not appropriate for Employee’s own benefit business opportunities concerning the subject matter of the fiduciary relationship.

Appears in 1 contract

Samples: Employment Agreement (Switch & Data Facilities Company, Inc.)

Duty of Loyalty. The Employee acknowledges and agrees that he is owes a fiduciary of the Company and owes a duty of loyalty to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of the Company, subject to Employee’s ability to enforce his rights under this Agreement. In keeping with such duty, Employee shall make full disclosure to the Company of all business opportunities pertaining to the Company’s business and without personal economic conflictshall not appropriate for Employee’s own benefit business opportunities concerning the Company’s business.

Appears in 1 contract

Samples: Employment Agreement (Matthews International Corp)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty. fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of the Company and without personal economic conflict.to do no act which would injure the business, interests, or reputation of Company or any of its subsidiaries or affiliates. In keeping with these duties, Employee shall make full disclosure to Company of all business opportunities pertaining to Company's business and shall not appropriate for Employee's own benefit business opportunities concerning the subject matter of the fiduciary relationship. 1.6

Appears in 1 contract

Samples: Employment Agreement

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of the Company and without personal economic conflictits affiliates. In keeping with such duty, Employee shall make full disclosure to Company of all business opportunities pertaining to Company’s business and shall not appropriate for Employee’s own benefit business opportunities concerning Company’s business.

Appears in 1 contract

Samples: Employment Agreement (Empire Petroleum Partners, LP)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of the Company and without personal economic conflictto do no act that would injure the business, interests or reputation of Company or any of its subsidiaries or affiliates. In keeping with these duties, Employee shall make full disclosure to Company of all business opportunities pertaining to Company’s business and shall not appropriate for Employee’s own benefit business opportunities concerning the subject matter of the fiduciary relationship.

Appears in 1 contract

Samples: Employment Agreement (Switch & Data, Inc.)

Duty of Loyalty. The Employee acknowledges and agrees that he is the Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of the Company and without personal economic conflictto do no act that would injure the business, interests or reputation of the Company or any of its subsidiaries or affiliates. In keeping with these duties, the Employee shall make full disclosure to the Board of all business opportunities pertaining to the Company’s business and shall not appropriate for the Employee’s own benefit any such business opportunities.

Appears in 1 contract

Samples: Employment Agreement (Switch & Data, Inc.)

Duty of Loyalty. The Employee acknowledges and agrees that he is Employee owes a fiduciary of the Company and owes a duty of loyalty loyalty, fidelity and allegiance to the Company to perform his duties and responsibilities under this Agreement in good faith and act at all times in the best interests of the Company and without personal economic conflictto do no act which would injure the business, interests, or reputation of Companyor any of its Affiliates. In keeping with these duties, Employee shall make full disclosure to Company of all business opportunities pertaining to Company’s business and shall not appropriate for Employee’s own benefit business opportunities concerning the subject matter of the fiduciary relationship.

Appears in 1 contract

Samples: Employment Agreement (Enerteck Corp)

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