Common use of ENGAGEMENT IN OTHER EMPLOYMENT Clause in Contracts

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Bank and Services Company during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank, Services Company or any of their subsidiaries or affiliates or (b) being involved in any other activity

Appears in 2 contracts

Samples: Employment Agreement (Sun Bancorp Inc), Employment Agreement (Sun Bancorp Inc)

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ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Bank and Services Company Agency during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank, Services Company Bank and Agency or any of their subsidiaries or affiliates or affiliates, (b) being involved in any charitable or civic activity, or (c) being involved in any other activityactivity with the prior approval of the Boards of Directors of

Appears in 2 contracts

Samples: Employment Agreement (Sun Bancorp Inc), Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Corporation and Bank and Services Company during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s 's personal assets in enterprises that do not compete with Corporation, Bank, Services Company Bank or any of their subsidiaries or affiliates or (b) being involved in any other activityactivity with the prior approval of the Boards of Directors of

Appears in 2 contracts

Samples: Employment Agreement (Sun Bancorp Inc), Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his her full time, attention and energies to the business of Corporation, Bank and Services Company Agency during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank, Services Company Bank and Agency or any of their subsidiaries or affiliates or affiliates, (b) being involved in any charitable or civic activity, or (c) being involved in any other activityactivity with the prior approval of the Boards of Directors of

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Corporation and Bank and Services Company during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank, Services Company Bank or any of their subsidiaries or affiliates or (b) being involved in any other activityactivity with the prior approval of the Boards

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Bank and Services Company Corporation during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section 3 shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank, Bank and Services Company Corporation or any of their subsidiaries or affiliates or affiliates, (b) being involved in any charitable or civic activity, or (c) being involved in any other activityactivity with the prior approval of the Boards of Directors of

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his her full time, attention and energies to the business of Corporation, Corporation and Bank and Services Company during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section shall not be construed as preventing Executive from (a) investing Executive’s 's personal assets in enterprises that do not compete with Corporation, Bank, Services Company Bank or any of their subsidiaries or affiliates or (b) being involved in any other activityactivity with the prior approval of the Boards of Directors of

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

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ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Bank and Services Company during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank, Services Company or any of their subsidiaries or affiliates or (b) being involved in any other activityactivity with the prior approval of the Boards of Directors of Corporation,

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his full time, attention and energies to the business of Corporation, Bank and Services Company during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank, Services Company or any of their subsidiaries or affiliates or (b) being involved in any other activityany

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

ENGAGEMENT IN OTHER EMPLOYMENT. Executive shall devote his her full time, attention and energies to the business of Corporation, Bank and Services Company during the Employment Period (as defined in Section 4(a) of this Agreement); provided, however, that this Section shall not be construed as preventing Executive from (a) investing Executive’s personal assets in enterprises that do not compete with Corporation, Bank, Services Company or any of their subsidiaries or affiliates or (b) being involved in any other activityactivity with the prior approval of the Boards of Directors of Corporation,

Appears in 1 contract

Samples: Employment Agreement (Sun Bancorp Inc)

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