Directors of Employer Clause Samples
The 'Directors of Employer' clause defines the roles, powers, and responsibilities of the individuals serving as directors for the employer entity within an agreement. It typically outlines how directors are appointed or removed, their decision-making authority, and any specific duties they must fulfill on behalf of the employer. For example, it may specify that certain actions require board approval or set out procedures for meetings and resolutions. This clause ensures clarity in governance and management, helping to prevent disputes by clearly delineating the scope of authority and obligations of the employer's directors.
Directors of Employer. Employee agrees during such period to devote substantial time and efforts to the business of Employer, and to be loyal and faithful at all times, constantly endeavoring to improve Employee's ability and knowledge of the business of Employer in an effort to increase the value of Employee's services for the mutual benefit of Employee and Employer. Employee will devote such time, attention and energy to the business of Employer as is reasonably necessary to perform his duties hereunder and to protect, preserve, enhance and promote the best interests of the Employer during the term of his employment with Employer.
Directors of Employer. The Executive shall devote his full time, attention and energies to the business of Employer and shall not, during the Employment Period (as defined in Section 3 hereof), be employed or involved in any other business activity, whether or not such activity is pursued for gain, profit or other pecuniary advantage; provided, however, that this Section 2 shall not be construed as preventing the Executive from (a) investing the Executive's personal assets, (b) acting as a member of the Board of Directors of any other corporation or as a member of the Board of Trustees of any other organization, or (c) being involved in any other substantial activity with the prior written approval of the Boards of Directors of the Employer.
Directors of Employer. The Executive shall be employed as Chairman and Chief Executive Officer of Employer, and shall be a member of such other management committees as the Executive may choose, and shall hold such other titles as may be given to him from time to time by the Boards of
Directors of Employer. Any waiver by either party hereto shall be specific to the event and shall not be deemed a waiver of any other event.