Common use of Exclusive Services and Efforts Clause in Contracts

Exclusive Services and Efforts. Executive agrees to devote their efforts, energies, and skill to the discharge of the duties and responsibilities attributable to their position and, except as set forth herein, agrees to devote substantially all of their professional time and attention to the business and affairs of the Company. Notwithstanding the foregoing, Executive shall be entitled to engage in (a) service on the board of directors of two for-profit companies, businesses, or trade organizations at any time during the Term; provided that he shall not serve on the board of any entity that materially competes with the Company, (b) service on the board of directors of not-for-profit organizations, (c) other charitable activities and community affairs, and (d) management of their personal and family investments and affairs, in each case to the extent such activities do not, either individually or in the aggregate, materially interfere with the performance of their duties and responsibilities to the Company. Executive may only engage in other employment or business activities not covered by the aforementioned with the prior written consent of the Board.

Appears in 4 contracts

Samples: Executive Employment Agreement (Alternative Ballistics Corp), Executive Employment Agreement (Alternative Ballistics Corp), Executive Employment Agreement (Alternative Ballistics Corp)

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Exclusive Services and Efforts. Executive agrees to devote their her efforts, energies, and skill to the discharge of the duties and responsibilities attributable to their her position and, except as set forth herein, agrees to devote substantially all of their her professional time and attention to the business and affairs of the Company. Notwithstanding the foregoing, Executive shall be entitled to engage in (a) service on the board of directors of two for-profit companies, businesses, businesses or trade organizations at any time during the Term; provided that he she shall not serve on the board of any entity that materially competes with the Company, (b) service on the board of directors of not-for-profit organizations, (c) other charitable activities and community affairs, and (d) management of their her personal and family investments and affairs, in each case to the extent such activities do not, either individually or in the aggregate, materially interfere with the performance of their her duties and responsibilities to the Company. Executive may only engage in other employment or business activities not covered by the aforementioned with the prior written consent of the Board.

Appears in 2 contracts

Samples: Executive Employment Agreement (CoLabs Int'l, Corp.), Executive Employment Agreement (CoLabs Int'l, Corp.)

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Exclusive Services and Efforts. Executive agrees to devote their his efforts, energies, and skill to the discharge of the duties and responsibilities attributable to their his position and, except as set forth herein, agrees to devote substantially all of their his professional time and attention to the business and affairs of the Company. Notwithstanding the foregoing, Executive shall be entitled to engage in (a) service on the board of directors of two for-profit companies, businesses, businesses or trade organizations at any time during the Term; provided that he shall not serve on the board of any entity that materially competes with the Company, (b) service on the board of directors of not-for-profit organizations, (c) other charitable activities and community affairs, and (d) management of their his personal and family investments and affairs, in each case to the extent such activities do not, either individually or in the aggregate, materially interfere with the performance of their his duties and responsibilities to the Company. Executive may only engage in other employment or business activities not covered by the aforementioned with the prior written consent of the Board.

Appears in 1 contract

Samples: Executive Employment Agreement (CoLabs Int'l, Corp.)

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