Common use of Extent of Service Clause in Contracts

Extent of Service. During the Employment Term, the Employee shall devote his full time, attention and energy to the business of the Company, and, except as may be specifically permitted by the Company, shall not be engaged in any other business activity during the term of this Agreement. The foregoing shall not be construed as preventing the Employee from making passive investments in other businesses or enterprises, provided, however, that such investments will not: (1) require services on the part of the Employee which would in any way impair the performance of his duties under this Agreement, or (2) in any manner significantly interfere with Employee's responsibilities as an Employee of the Company in accordance with this Agreement.

Appears in 23 contracts

Samples: Employment and Noncompetition Agreement (Service Corp International), Employment and Noncompetition Agreement (Service Corp International), Employment and Noncompetition Agreement (Service Corp International)

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Extent of Service. During the Employment Term, the Employee shall devote his full time, attention and energy to the business of the Company, and, except as may be specifically permitted by the Company, shall not be engaged in any other business activity during the term of this Agreement. The foregoing shall not be construed as preventing the Employee from making passive investments in other businesses or enterprises, provided, however, that such investments will not: (1) require services on the part of the Employee which would in any way impair the performance of his duties under this Agreement, or (2) in any manner significantly interfere with Employee's ’s responsibilities as an Employee of the Company in accordance with this Agreement.

Appears in 9 contracts

Samples: Employment and Noncompetition Agreement (Service Corporation International), Employment and Noncompetition Agreement (Service Corporation International), Employment and Noncompetition Agreement (Service Corporation International)

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Extent of Service. During the Employment Term, the Employee shall devote his Employee’s full time, attention and energy to the business of the Company, and, except as may be specifically permitted by the Company, shall not be engaged in any other business activity during the term of this Agreement. The foregoing shall not be construed as preventing the Employee from making passive investments in other businesses or enterprises, provided, however, that such investments will not: (1a) require services on the part of the Employee which would in any way impair the performance of his Employee’s duties under this Agreement, or (2b) in any manner significantly interfere with Employee's responsibilities as an Employee of the Company in accordance with this Agreement.

Appears in 6 contracts

Samples: Employment and Noncompetition Agreement (Service Corp International), Employment and Noncompetition Agreement (Service Corp International), Employment and Noncompetition Agreement (Service Corp International)

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