Extent of Services. The Executive shall devote a substantial portion of business time, attention and energies to the business of the Corporation, and shall not, during the term of this Agreement, engage in any other business activities, whether or not such activities are pursued for gain, profit or other pecuniary advantage. This provision is not meant to prevent him from A) devoting reasonable time to civic or philanthropic activities or B) investing his assets in such form or manner providing that it does not require any substantial services on the part of the Executive that will interfere with the Executive's employment pursuant to this Agreement. Executive's employment is considered as full-time.
Appears in 28 contracts
Samples: Employment Contract (PMC Capital Inc), Employment Contract (PMC Capital Inc), Employment Contract (PMC Commercial Trust /Tx)
Extent of Services. The Executive shall devote a substantial portion of business time, attention and energies to the business of the Corporation, and shall not, during the term of this Agreement, Agreement engage in any other business activities, whether or not such activities are pursued for gain, profit or other pecuniary advantage. This provision is not meant to prevent him from A) devoting reasonable time to civic or philanthropic activities or B) investing his assets in such form or manner providing that it does not require any substantial services on the part of the Executive that will interfere with the Executive's employment pursuant to this Agreement. Executive's employment is considered as full-time.
Appears in 8 contracts
Samples: Employment Contract (PMC Capital Inc), Employment Contract (PMC Capital Inc), Employment Contract (PMC Capital Inc)
Extent of Services. The Executive shall devote a substantial portion of business time, attention and energies to the business of the Corporation, and shall not, during the term of this Agreement, engage in any other business activities, whether or not such activities are pursued for gain, profit or other pecuniary advantage. This provision is not meant to prevent him from A) devoting reasonable time to civic or philanthropic activities or B) investing his assets in such form or manner providing that it does not require any substantial services on the part of the Executive that will interfere with the Executive's ’s employment pursuant to this Agreement. Executive's ’s employment is considered as full-time.
Appears in 8 contracts
Samples: Executive Employment Contract (PMC Commercial Trust /Tx), Executive Employment Contract (PMC Commercial Trust /Tx), Employment Contract (PMC Commercial Trust /Tx)
Extent of Services. The Executive shall devote a substantial portion of business time, attention and energies to the business of the CorporationCompany, and shall not, during the term of this Agreement, engage in any other business activities, whether or not such activities are pursued for gain, profit or other pecuniary advantage. This provision is not meant to prevent him from A) devoting reasonable time to civic or philanthropic activities or B) investing his assets in such form or manner providing that it does not require any substantial services on the part of the Executive that will interfere with the Executive's ’s employment pursuant to this Agreement. Executive's ’s employment is considered as full-time.
Appears in 7 contracts
Samples: Executive Employment Contract (PMC Commercial Trust /Tx), Executive Employment Contract (PMC Commercial Trust /Tx), Executive Employment Contract (PMC Commercial Trust /Tx)
Extent of Services. The Executive shall devote a substantial portion of business time, attention and energies to the business of the CorporationCompany, and shall not, during the term of this Agreement, engage in additional gainful employment of any other business activitieskind or undertake any role or position, whether or not such activities are pursued for gaincompensation, profit with any person or other pecuniary advantageentity during the Employment Period without advance written approval of the Board. This provision is not meant to prevent him from A) devoting reasonable time to civic or philanthropic activities or B) investing his assets in such form or manner providing that it does not require any substantial services on the part of the Executive that will interfere with the Executive's ’s employment pursuant to this Agreement. Executive's ’s employment is considered as full-time.
Appears in 6 contracts
Samples: Executive Employment Contract (PMC Commercial Trust /Tx), Executive Employment Contract (PMC Commercial Trust /Tx), Executive Employment Contract (PMC Commercial Trust /Tx)
Extent of Services. The Executive shall devote a substantial portion of business time, attention and energies to the business of the Corporation, and shall not, during the term of this Agreement, Agreement engage in any other business activities, whether or not such activities are pursued for gain, profit or other pecuniary advantage. This provision is not meant to prevent him her from A) devoting reasonable time to civic or philanthropic activities or B) investing his her assets in such form or manner providing that it does not require any substantial services on the part of the Executive that will interfere with the Executive's employment pursuant to this Agreement. Executive's employment is considered as full-time.
Appears in 5 contracts
Samples: Employment Contract (PMC Capital Inc), Employment Contract (PMC Capital Inc), Employment Contract (PMC Capital Inc)
Extent of Services. The Executive shall devote a substantial portion all of his business time, attention and energies energy to the business of the Corporation, and shall not, directly or indirectly, during the term of this Agreement, engage be engaged in any other business activitiesactivity, whether or not such activities are business activity is pursued for gain, profit or other pecuniary advantage. This provision is not meant to prevent him from A) devoting reasonable time to civic or philanthropic activities or B) investing his assets in such form or manner providing that it does not require any substantial services on the part of the Executive that will interfere with the Executive's employment pursuant to this Agreement. Executive's employment is considered as full-time.
Appears in 1 contract
Samples: Executive Employment Agreement
Extent of Services. The Executive shall devote a substantial portion of business time, attention and energies to the business of the Corporation, and shall not, during the term of this Agreement, Agreement engage in any other business activities, whether or not such activities are pursued for gain, profit or other pecuniary advantage. This provision is not meant to prevent him from A) devoting reasonable time to civic or philanthropic activities or B) investing his assets in such form or manner providing that it does not require any substantial services on the part of the Executive that will interfere with the Executive's employment pursuant to this his Agreement. Executive's employment is considered as full-time.
Appears in 1 contract