Common use of Duties; Membership on Other Boards Clause in Contracts

Duties; Membership on Other Boards. During the term of this Agreement, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the Board or a committee of the Board, Executive shall devote substantially all of his business time, attention, skill, and efforts to the faithful performance of his duties hereunder, including activities and services related to the organization, operation and management of the Employer; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies or business or civic organizations which, in the Board’s judgment, will not present any conflict of interest with the Employer, or materially affect the performance of Executive’s duties pursuant to this Agreement. Executive shall provide the Board annually for its approval a list of organizations for which Executive acts as a director or officer.

Appears in 1 contract

Samples: Employment Agreement (First Interstate Bancsystem Inc)

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Duties; Membership on Other Boards. During the term of this Agreement, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the Board or a committee of the Board, Executive shall devote substantially all of his business time, attention, skill, and efforts to the faithful performance of his duties hereunder, including activities and services related to the organization, operation and management of the EmployerBank; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies or business or civic organizations organizations, on which he currently serves (with the knowledge of the board) or which, in the Board’s 's judgment, will not present any conflict of interest with the EmployerBank, or materially affect the performance of Executive’s 's duties pursuant to this Agreement. Executive shall provide the Board of Directors annually for its approval a list of organizations for which the Executive acts as a director or officer.

Appears in 1 contract

Samples: Employment Agreement (West End Indiana Bancshares, Inc.)

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Duties; Membership on Other Boards. During the term of this Agreement, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the Board or a committee of the Board, Executive shall devote substantially all of his the Executive’s business time, attention, skill, and efforts to the faithful performance of his the Executive’s duties hereunder, including activities and services related to the organization, operation and management of the EmployerBank; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies or business or civic organizations organizations, which, in the Board’s judgment, will not present any conflict of interest with the EmployerBank, or materially affect the performance of Executive’s duties pursuant to this Agreement. Executive shall provide the Board annually for its approval a list of organizations for which Executive acts as a director or officer.

Appears in 1 contract

Samples: Employment Agreement (FFBW, Inc. /MD/)

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