Common use of Extent of Services Clause in Contracts

Extent of Services. The Employee shall devote his entire time, attention and energies to the business of the Company and shall not during the term of this Employment Agreement be engaged in any other business activity whether or not such business activity is pursued for gain, profit or other pecuniary advantage; but this shall not be construed as preventing the Employee from investing his personal assets in businesses which do not compete with the Company in such form or manner as will not require any services on the part of the Employee in the operation of the affairs of the companies in which such investments are made and in which his participation is solely that of an investor, nor shall this be construed as preventing the Employee from purchasing securities in any corporation whose securities are regularly traded provided that such purchases shall not result in his collectively owning beneficially at any time one percent (1%) or more of the equity securities of any corporation engaged in a business competitive to that of the Company, without the express prior written consent of the Company.

Appears in 16 contracts

Samples: Employment Agreement (VWR International, Inc.), Employment Agreement (VWR International, Inc.), Employment Agreement (VWR International, Inc.)

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Extent of Services. (a) The Employee Executive shall devote his entire time, attention and energies to the business of the Company and shall not during the term of this Employment Agreement be engaged in any other business activity whether or not such business activity is pursued for gain, profit or other pecuniary advantage; but this shall not be construed as preventing the Employee Executive from investing his personal assets in businesses which do not compete with the Company in such form or manner as will not require any services on the part of the Employee Executive in the operation of the affairs of the companies in which such investments are made and in which his participation is solely that of an investor, nor shall this be construed as preventing the Employee Executive from purchasing securities in any corporation Company whose securities are regularly traded provided that such purchases shall not result in his collectively owning beneficially at any time one percent (1%) or more of the equity securities of any corporation Company engaged in a business competitive to that of the Company, without the express prior written consent of the Company.

Appears in 8 contracts

Samples: Employment Agreement (MTBC, Inc.), Employment Agreement (Medical Transcription Billing, Corp), Employment Agreement (Medical Transcription Billing, Corp)

Extent of Services. (a) The Employee Executive shall devote his their entire time, attention and energies to the business of the Company and shall not during the term of this Employment Agreement be engaged in any other business activity whether or not such business activity is pursued for gain, profit or other pecuniary advantage; but this shall not be construed as preventing the Employee Executive from investing his personal assets in businesses which do not compete with the Company in such form or manner as will not require any services on the part of the Employee Executive in the operation of the affairs of the companies in which such investments are made and in which his the Executive’s participation is solely that of an investor, nor shall this be construed as preventing the Employee Executive from purchasing securities in any corporation entity whose securities are regularly traded provided that such purchases shall not result in his the Executive collectively owning beneficially at any time one percent (1%) or more of the equity securities of any corporation entity engaged in a business competitive to that of the Company, without the express prior written consent of the Company.

Appears in 3 contracts

Samples: Executive Employment Agreement (CareCloud, Inc.), Executive Employment Agreement (CareCloud, Inc.), Executive Employment Agreement (CareCloud, Inc.)

Extent of Services. The Employee shall devote his entire time, attention and energies to the business of the Company and shall not during the term of this Employment Agreement be engaged in any other business activity whether or not such business activity is pursued for gain, profit or other pecuniary advantage; but this shall not be construed as preventing the Employee from investing his personal assets in businesses which do not compete with the Company in such form or manner as will not require any services on the part of the Employee in the operation of the affairs of the companies in which such investments are made and in which his participation is solely that of an investor, nor shall this be construed as preventing the Employee from purchasing securities in any corporation whose securities are regularly traded provided that such purchases shall not result in his collectively owning beneficially at any time one percent (1%) or more of the equity securities of any corporation engaged in a business competitive to that of the Company, without the express prior written consent of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Cn Biosciences Inc), Employment Agreement (Cn Biosciences Inc), Employment Agreement (Em Industries Inc)

Extent of Services. The Employee shall devote his entire time, attention and energies to the business of the Company and shall not during the term of this Employment Agreement be engaged in any other business activity whether or not such business activity is pursued for gain, profit or other pecuniary advantage; but this shall not be construed as preventing the Employee from investing his personal assets in businesses which do not compete with the Company in such form or manner as will not require any services on the part of the Employee in the operation of the affairs of the companies in which such investments are made and in which his participation is solely that of an investor, nor shall this be construed as preventing the Employee from purchasing securities in any corporation whose securities are regularly traded provided that such purchases shall not result in his collectively owning beneficially at any time one percent (11 %) or more of the equity securities of any corporation engaged in a business competitive to that of the Company, without the express prior written consent of the Company.

Appears in 2 contracts

Samples: Employment Agreement (VWR International, Inc.), Employment Agreement (VWR International, Inc.)

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Extent of Services. The Employee shall devote his entire time, attention and energies to the business of the Company and shall not during the term of this Employment Agreement be engaged in any other business activity whether or not such business activity is pursued for gain, profit or other pecuniary advantage; but this shall not be construed as preventing the Employee from investing his personal assets in businesses which do not compete with the Company in such form or manner as will not require any services on the part of the Employee in the operation of the affairs of the companies in which such investments are made and in which his participation is solely that of an investor, nor shall this be construed as preventing the Employee from purchasing securities in any corporation whose securities are regularly traded provided that such purchases shall not result in his collectively owning beneficially at any time one percent (1%) or more of the equity securities of any corporation engaged in a business competitive to that of the Company, without the express prior written consent of the Company.. Initials:_________ _________ 2

Appears in 1 contract

Samples: Employment Agreement (Cn Biosciences Inc)

Extent of Services. (a) The Employee Executive shall devote his entire time, attention and energies to the business of the Company and shall not not, except as otherwise set forth herein, during the term of this Employment Agreement be engaged in any other business activity whether or not such business activity is pursued for gain, profit or other pecuniary advantage; but this shall not be construed as preventing the Employee Executive from investing his personal assets in businesses which do not compete with the Company in such form or manner as will not require any services on the part of the Employee Executive in the operation of the affairs of the companies in which such investments are made and in which his participation is solely that of an investor, nor shall this be construed as preventing the Employee Executive from purchasing securities in any corporation company whose securities are regularly traded provided that such purchases shall not result in his collectively owning beneficially at any time one percent (1%) or more of the equity securities of any corporation company engaged in a business competitive to that of the Company, without the express prior written consent of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (CareCloud, Inc.)

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