Common use of Further Obligations of the Executive Clause in Contracts

Further Obligations of the Executive. 4.1 During the continuance of his employment the Executive shall devote his whole time and attention to his duties under this Agreement and shall not without the prior written consent of the Managing Director (such consent not to be unreasonably withheld or delayed) directly or indirectly carry on or be engaged, concerned or interested in any other business trade or occupation which is similar to or in competition with the business of the Company or any Associated Company otherwise than as a holder directly or through nominees of not more than five per cent in aggregated of any class of shares debentures or other securities in issue from time to time of any company which are for the time being quoted or dealt in on any recognized investment exchange (as defined by Section 207(1) of the Financial Services Act 1986).

Further Obligations of the Executive. 4.1 During the continuance of his employment employment, the Executive shall devote his whole time and attention to his duties under this Agreement and shall not not, without the prior written consent of the Managing Director Board (such consent not to be unreasonably withheld or delayed) ), directly or indirectly indirectly, carry on or be engaged, concerned or interested in any other business business, trade or occupation which is similar to or in competition with the business of the Company or any Associated Company otherwise than as a holder directly or through nominees of not more than five per cent in aggregated aggregate of any class of shares shares, debentures or other securities in issue from time to time of any company which are for the time being quoted or dealt in on any recognized recognised investment exchange (as defined by in Section 207(1) of the Financial Services Act 1986).

Further Obligations of the Executive. 4.1 During the continuance of his employment employment, the Executive shall devote his whole time and attention to his duties under this Agreement and shall not not, without the prior written consent of the Managing Director Board (such consent not to be unreasonably withheld or delayed) ), directly or indirectly indirectly, carry on or be engaged, concerned or interested in any other business trade or occupation which is similar to or in competition with the business of the Company or any Associated Company otherwise than as a holder directly or through nominees of not more than five per cent in aggregated aggregate of any class of shares shares, debentures or other securities in issue from time to time of any company which are for the time being quoted or dealt in on any recognized recognised investment exchange (as defined by in Section 207(1) of the Financial Services Act 1986).