Common use of Business Time Clause in Contracts

Business Time. From and after the Effective Date, the Executive agrees to devote his full attention during normal business hours to the business and affairs of the Company and to use his best efforts to perform faithfully and efficiently the responsibilities assigned to him hereunder, to the extent necessary to discharge such responsibilities, except for (i) time spent in managing his personal, financial and legal affairs and serving on corporate, civic or charitable boards or committees, in each case only if and to the extent not substantially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he is entitled. It is expressly understood and agreed that the Executive's continuing to serve on any boards and committees on which he is serving or with which he is otherwise associated immediately preceding the Effective Date shall not be deemed to interfere with the performance of the Executive's services to the Company.

Appears in 7 contracts

Samples: Key Employee Employment Protection Agreement (Mbia Inc), Employment Protection Agreement (Mbia Inc), Key Employee Employment Protection Agreement (Mbia Inc)

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Business Time. From and after the Effective Date, the Executive agrees to devote substantially all of his full attention during normal business hours to the business and affairs of the Company and to use his best efforts to perform faithfully and efficiently the responsibilities assigned to him hereunderCompany, to the extent necessary to discharge such responsibilitieshis responsibilities hereunder, except for (i) time spent in managing his personal, financial and legal affairs and affairs, serving on corporate, civic or charitable boards or committeescommittees or working for any charitable or civic organization, in each case only if and to the extent not substantially materially interfering with the performance of such responsibilitiesthe Executive’s responsibilities hereunder, and (ii) periods of vacation and sick leave to which he is entitled. It is expressly understood and agreed that the Executive's continuing to serve on any boards and committees on which he is serving or with which he is otherwise associated immediately preceding the Effective Date shall not be deemed to interfere with the performance of the Executive's services to the Company.

Appears in 6 contracts

Samples: Employment Continuation Agreement (New Jersey Resources Corp), Employment Continuation Agreement (New Jersey Resources Corp), Employment Continuation Agreement (New Jersey Resources Corp)

Business Time. From and after During the Effective DateEmployment Period, the Executive agrees to devote his full attention during normal business hours to the business and affairs of the Company and to use his best efforts to perform faithfully and efficiently the responsibilities assigned to him the Executive hereunder, to the extent necessary to discharge such responsibilities, except for (i) time spent in managing his personal, financial and legal affairs and serving on corporate, civic or charitable boards or committees, in each case only if and to the extent not substantially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he the Executive is entitled. It is expressly understood and agreed that the Executive's continuing to serve on any boards and committees on which he the Executive is serving or with which he the Executive is otherwise associated immediately preceding the Effective Date shall not be deemed to interfere with the performance of the Executive's services to the Company.

Appears in 6 contracts

Samples: Employment Continuation Agreement (Baker Michael Corp), Employment Continuation Agreement (Baker Michael Corp), Employment Continuation Agreement (Baker Michael Corp)

Business Time. From and after the Effective Date, the Executive agrees to devote his His full attention during normal business hours to the business and affairs of the Company and to use his best efforts to perform faithfully and efficiently the responsibilities assigned to him hereunder, to the extent necessary to discharge such responsibilities, except for (i) time spent in managing his personal, financial and legal affairs and serving on corporate, civic or charitable boards or committees, in each case only if and to the extent not substantially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he is entitled. It is expressly understood and agreed that the Executive's continuing to serve on any boards and committees on which he is serving or with which he is otherwise other-wise associated immediately preceding the Effective Date shall not be deemed to interfere with the performance of the Executive's services to the Company.

Appears in 6 contracts

Samples: Key Employee Employment Protection Agreement (Mbia Inc), Key Employee Employment Protection Agreement (Mbia Inc), Key Employee Employment Protection Agreement (Mbia Inc)

Business Time. From and after Commencing on the Effective Date, the Executive agrees to devote his full attention during normal business hours to the business and affairs of the Company and to use his best efforts to perform faithfully and efficiently the responsibilities assigned to him the Executive hereunder, to the extent necessary to discharge such responsibilities, except for (i) time spent in managing his personal, financial and legal affairs and serving on corporate, civic or charitable boards or committees, in each case only if and to the extent not substantially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he the Executive is entitled. It is expressly understood and agreed that the Executive's continuing to serve on any boards and committees on which he is serving or with which he is otherwise associated immediately preceding the Effective Date shall not be deemed to interfere with the performance of the Executive's services to the Company.

Appears in 4 contracts

Samples: Employment Continuation Agreement (Sylvan Inc), Employment Continuation Agreement (Sylvan Inc), Employment Continuation Agreement (Sylvan Inc)

Business Time. From and after the Effective Date, the Executive agrees to devote substantially all of his full attention during normal business hours to the business and affairs of the Company and to use his best efforts to perform faithfully and efficiently the responsibilities assigned to him hereunderCompany, to the extent necessary to discharge such responsibilitieshis responsibilities hereunder, except for (i) time spent in managing his personal, financial and legal affairs and affairs, serving on corporate, civic or charitable boards or committeescommittees or working for any charitable or civic organization, in each case only if and to the extent not substantially materially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he is entitled. It is expressly understood and agreed that the Executive's continuing to serve on any boards and committees on which he is serving or with which he is otherwise associated immediately preceding the Effective Date shall not be deemed not to interfere with the performance of the Executive's services to the Company.

Appears in 3 contracts

Samples: Employment Continuation Agreement (New Jersey Resources Corp), Employment Continuation Agreement (Bwip Inc), Employment Continuation Agreement (Bwip Inc)

Business Time. From and after the Effective Date, the Executive agrees to devote his full attention during normal business hours to the business and affairs of the Company and to use his best efforts to perform faithfully and efficiently the responsibilities assigned to him hereunder, to the extent necessary to discharge such responsibilities, except for (i) time spent in managing his personal, financial and legal affairs and serving on corporate, civic or charitable boards or committees, in each case only if and to the extent not substantially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he is entitled. It is expressly understood and agreed that the Executive's continuing to serve on any boards and committees on which he is serving or with which he is otherwise associated immediately preceding the Effective Date which is not in violation of Policy 1-7 or 1-10 (or any successor policy thereto) shall not be deemed to interfere with the performance of the Executive's services to the Company. 5.

Appears in 2 contracts

Samples: Employment Continuation Agreement (Chrysler Corp /De), Employment Continuation Agreement (Chrysler Corp /De)

Business Time. From and after During the Effective DateEmployment Period, the Executive agrees to devote his full attention during normal business hours to the business and affairs of the Company and to use his best efforts to perform faithfully and efficiently the responsibilities assigned to him hereunder, to the extent necessary to discharge such responsibilities, except for (i) time spent in managing his personal, financial and legal affairs and serving on corporate, civic or charitable boards or committees, in each case only if and to the extent not substantially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he is entitled. It is expressly understood and agreed that the Executive's continuing to serve on any boards and committees on which he is serving or with which he is otherwise associated immediately preceding the Effective Date shall not be deemed to interfere with the performance of the Executive's services to the Company.

Appears in 2 contracts

Samples: Employment Continuation Agreement (Metlife Inc), Employment Continuation Agreement (Metlife Inc)

Business Time. From and after During the Effective DateEmployment Period, the Executive agrees to devote his full attention during normal business hours to the business and affairs of the Company and to use his her best efforts to perform faithfully and efficiently the responsibilities assigned to him the Executive hereunder, to the extent necessary to discharge such responsibilities, except for (i) time spent in managing his personal, financial and legal affairs and serving on corporate, civic or charitable boards or committees, in each case only if and to the extent not substantially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he the Executive is entitled. It is expressly understood and agreed that the Executive's continuing to serve on any boards and committees on which he the Executive is serving or with which he the Executive is otherwise associated immediately preceding the Effective Date shall not be deemed to interfere with the performance of the Executive's services to the Company.

Appears in 1 contract

Samples: Employment Continuation Agreement (Baker Michael Corp)

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Business Time. From and after During the Effective DateEmployment Period, the Executive agrees to devote his her full attention during normal business hours to the business and affairs of the Company and to use his her best efforts to perform faithfully and efficiently the responsibilities assigned to him her hereunder, to the extent necessary to discharge such responsibilities, except for (i) time spent in managing his her personal, financial and legal affairs and serving on corporate, civic or charitable boards or committees, in each case only if and to the extent not substantially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he she is entitled. It is expressly understood and agreed that the Executive's continuing to serve on any boards and committees on which he she is serving or with which he she is otherwise associated immediately preceding the Effective Date shall not be deemed to interfere with the performance of the Executive's services to the Company.

Appears in 1 contract

Samples: Metlife Inc

Business Time. From and after the Effective Date, the Executive agrees to devote his His full attention during normal business hours to the business and affairs of the Company and to use his best efforts to perform faithfully and efficiently the responsibilities assigned to him hereunder, to the extent necessary to discharge such responsibilities, except for (i) time spent in managing his personal, financial and legal affairs and serving on corporate, civic or charitable boards or committees, in each case only if and to the extent not substantially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he is entitled. It is expressly understood and agreed that the Executive's continuing to serve on any boards and committees on which he is serving or with which he is otherwise associated immediately preceding the Effective Date shall not be deemed to interfere with the performance of the Executive's services to the Company.

Appears in 1 contract

Samples: Key Employee Employment Protection Agreement (Mbia Inc)

Business Time. From and after During the Effective DateEmployment Period, the Executive agrees to devote his full attention during normal business hours to the business and affairs of the Company and to use his best efforts to perform faithfully and efficiently the responsibilities assigned to him the Executive hereunder, to the extent necessary to discharge such responsibilities, except for (i) time spent in managing his personal, financial and legal affairs and serving on corporate, civic or charitable boards or committees, in each case only if and to the extent not substantially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he the Executive is entitled. It is expressly understood and agreed that the Executive's ’s continuing to serve on any boards and committees on which he the Executive is serving or with which he the Executive is otherwise associated immediately preceding the Effective Date shall not be deemed to interfere with the performance of the Executive's ’s services to the Company.

Appears in 1 contract

Samples: Employment Continuation Agreement (Westinghouse Air Brake Technologies Corp)

Business Time. From and after the Effective Date, the Executive agrees to devote substantially all of his full attention during normal business hours to the business and affairs of the Company and to use his best efforts to perform faithfully and efficiently the responsibilities assigned to him hereunderCompany, to the extent necessary to discharge such responsibilitieshis responsibilities hereunder, except for (i) time spent in managing his personal, financial and legal affairs and affairs, serving on corporate, civic or charitable boards or committeescommittees or working for any charitable or civic organization, in each case only if and to the extent not substantially materially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he is entitled. It is expressly understood and agreed that the Executive's continuing to serve on any boards and committees on which he is serving or with which he is otherwise associated immediately preceding the Effective Date shall not be deemed to interfere with the performance of the Executive's services to the Company.otherwise

Appears in 1 contract

Samples: Employment Continuation Agreement (New Jersey Resources Corp)

Business Time. From and after During the Effective DateEmployment Period, the Executive agrees to devote his full attention during normal business hours to the business and affairs of the Company and to use his her best efforts to perform faithfully and efficiently the responsibilities assigned to him the Executive hereunder, to the extent necessary to discharge such responsibilities, except for (i) time spent in managing his personal, financial and legal affairs and serving on corporate, civic or charitable boards or committees, in each case only if and to the extent not substantially interfering with the performance of such responsibilities, and (ii) periods of vacation and sick leave to which he the Executive is entitled. It is expressly understood and agreed that the Executive's ’s continuing to serve on any boards and committees on which he the Executive is serving or with which he the Executive is otherwise associated immediately preceding the Effective Date shall not be deemed to interfere with the performance of the Executive's ’s services to the Company.

Appears in 1 contract

Samples: Employment Continuation Agreement (Westinghouse Air Brake Technologies Corp)

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