Common use of Best Efforts and Duty of Loyalty Clause in Contracts

Best Efforts and Duty of Loyalty. During Executive’s employment Executive will: (a) devote Executive’s best efforts to the furtherance of the business of the Company; (b) will not engage, directly or indirectly, in any activity, employment or business venture, that is competitive with the Company’s business in any respect; (c) will not take any action, or make any omission, that deprives the Company of any business opportunities or otherwise act in a manner that conflicts with the best interest of the Company or is detrimental to its business and (d) will not engage in any outside work or other employment without the Company’s express written permission.

Appears in 19 contracts

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

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Best Efforts and Duty of Loyalty. During Executive’s 's employment Executive will: (a) devote Executive’s 's best efforts to the furtherance of the business of the Company; (b) will not engage, directly or indirectly, in any activity, employment or business venture, that is competitive with the Company’s 's business in any respect; (c) will not take any action, or make any omission, that deprives the Company of any business opportunities or otherwise act in a manner that conflicts with the best interest of the Company or is detrimental to its business and (d) will not engage in any outside work or other employment without the Company’s 's express written permission.

Appears in 1 contract

Samples: Employment Agreement (Hhgregg, Inc.)

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