Common use of Executive’s Performance Clause in Contracts

Executive’s Performance. During the term of Executive’s employment under this Agreement, Executive shall devote Executive’s best efforts and full working time and attention exclusively to the performance of the duties hereunder and to promoting and furthering the business of Employer, and shall not, during the term of employment, be engaged in any other business activity for personal pecuniary advantage without the approval of the CEO. This Section shall not be construed as preventing Executive from investing Executive’s assets in such form or manner as will not require any services on the part of Executive in the operation of the affairs of the companies in which such investments are made, subject to the provisions of Section 10 and 11, below. Notwithstanding the foregoing, Executive may perform and assume other activities and obligations as the CEO shall from time to time approve. For the avoidance of doubt, Executive shall not engage in any other commercial activity during the term of Executive’s employment under this Agreement without obtaining the prior written consent of the CEO, whether or not the commercial activity is pursued for gain, profit, or other pecuniary advantage.

Executive’s Performance. During the term of Executive’s employment under this Agreement, Executive shall devote Executive’s best efforts and full working time and attention exclusively to the performance of the duties hereunder and to promoting and furthering the business of Employer, and shall not, during the term of employment, be engaged in any other business activity for personal pecuniary advantage without the approval of the CEOBoard. This Section shall not be construed as preventing Executive from investing Executive’s assets in such form or manner as will not require any services on the part of Executive in the operation of the affairs of the companies in which such investments are made, subject to the provisions of Section 10 and 11, below. Notwithstanding the foregoing, Executive may perform and assume other activities and obligations as the CEO Board shall from time to time approve. For the avoidance of doubt, Executive shall not engage in any other commercial activity during the term of Executive’s employment under this Agreement without obtaining the prior written consent of the CEOBoard, whether or not the commercial activity is pursued for gain, profit, or other pecuniary advantage.