Common use of Conflicting Duties Clause in Contracts

Conflicting Duties. The Company acknowledges that during his ------------------ tenure pursuant to this Employment Agreement, Executive shall not be required to work "full-time" for the Company and shall work on an as-needed basis, the dates and times of which to be mutually agreed upon by the Company and Executive. In addition, the Company acknowledges that during the Employment Period Executive shall retain the right to pursue and/or fulfill other business opportunities, commitments and obligations so long as such opportunities, commitments and obligations would not constitute a breach by Executive of his obligations under Section 4 of this Employment Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Algos Pharmaceutical Corp), Employment Agreement (Endo Pharmaceuticals Holdings Inc)

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Conflicting Duties. The Company acknowledges that during his ------------------ tenure pursuant to this Employment Agreement, Executive shall not be required to work "full-time" for the Company and shall work on an as-needed basis, the dates and times of which to be mutually agreed upon by the Company and Executive. In addition, the Company acknowledges that during the Employment Period Executive shall retain the right to pursue and/or fulfill other business opportunities, commitments and obligations so long as such opportunities, commitments and obligations would not constitute a breach by Executive of his obligations under Section 4 of this Employment Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Endo Pharmaceuticals Holdings Inc), Employment Agreement (Endo Pharmaceuticals Holdings Inc)

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