Minimum Time Commitment Clause Samples

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Minimum Time Commitment. During the Employment Period, the Executive shall hold no employment outside the Company Group and shall devote substantially all of his business time, attention and skills to the performance of his duties for the Company. The The Executive hereby acknowledges that he shall not be entitled to any overtime pay as would employees who have standard working hours.
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Minimum Time Commitment. While Consultant shall generally determine the time and circumstances in which it renders the Consulting Services consistent with the terms of this Agreement, Consultant shall be available to the Company to render Consulting Services for a minimum number of hours per weeks, as follows: (a) During the first 30 days following the Effective Date – 40 hours per week. (b) During the second 30 day period following the Effective Date – 30 hours per week. (c) During the third 30 day period following the Effective Date – 20 hours per week. (d) Following the third 30 day period following the Effective Date and continuing through the end of the Term – 8 hours per week. Should Consultant provide the Consulting Services of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ for more than the required number of days within any weekly period, the excess days shall be credited toward the minimum requirement for the following week. Consultant and the Company shall establish procedures reasonably acceptable to both to monitor the Consulting Services rendered.
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Minimum Time Commitment. During the Period of Employment, the Executive shall (i) devote a substantial amount of the Executive’s business time, energy and skill to the performance of the Executive’s duties for the Company, (ii) perform such duties in a faithful, effective and efficient manner to the best of the Executive’s abilities, and (iii) hold no other employment, unless otherwise approved by AFCG’s Board of Directors. The Executive’s service on the Boards of Directors (or similar body) of other business entities is subject to the prior written approval of the manager of the Company. The Company shall have the right to require the Executive to resign from any board or similar body (including, without limitation, any association, corporate, civic or charitable board or similar body) which the Executive may then serve if the Executive’s service on such board or body interferes in any material respect with the effective discharge of the Executive’s duties and responsibilities to the Company or that any business related to such service is then in direct or indirect competition with any business of the Company or any of its Affiliates, successors or assigns.
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Related to Minimum Time Commitment

  • Time Commitment The Advisor shall, and shall cause its Affiliates and their respective employees, officers and agents to, devote to the Company such time as shall be reasonably necessary to conduct the business and affairs of the Company in an appropriate manner consistent with the terms of this Agreement. The Company acknowledges that the Advisor and its Affiliates and their respective employees, officers and agents may also engage in activities unrelated to the Company and may provide services to Persons other than the Company or any of its Affiliates.

  • Part-Time Commitment The Hospital shall not refuse to accept an offer from an employee to make a written commitment to be available for work on a regular predetermined basis solely for the purpose of utilizing casual employees so as to restrict the numbers of regular part-time employees.

  • Minimum Commitment If for a certain Service a minimum commitment has been determined in the Agreement, the Customer guarantees to respect the minimum commitment described in the Agreement during the entire period of the Agreement. If the Customer does not respect this minimum commitment, the Customer shall pay the compensation mentioned in the Agreement. If no compensation has been mentioned in the Agreement, the Customer has to pay the applicable Charges for the respective Service, or the average of the applicable Charges if different Charges are applied for the respective Service, per missing number of its minimum commitment. Services that are timely cancelled by the Customer or Services for which the Customer has paid a cancellation fee , do not, even not partly, release the Customer from its obligation to respect the minimum commitment . Services cancelled as due to Force Majeure and Services cancelled by Lineas for other reasons than Force Majeure, will be considered as a Services ordered and paid for by the Customer. Services cancelled by the Customer or by Lineas because of holidays do not, even not partly, release the Customer from its obligation to respect its minimum commitment.

  • No Other Employment; Minimum Time Commitment During the Period of Employment, the Executive shall (i) devote substantially all of the Executive’s business time, energy and skill to the performance of the Executive’s duties described in Section 1.2 above, (ii) perform such duties in a faithful, effective and efficient manner to the best of his abilities, and (iii) hold no other employment other than employment for the Company Group. The Executive’s service on the boards of directors (or similar body) of other business entities (other than the Company Group) is subject to the approval of the Board. The Company shall have the right to require the Executive to resign from any board or similar body (including, without limitation, any association, corporate, civic or charitable board or similar body) which he may then serve if the Board reasonably determines in writing that the Executive’s service on such board or body interferes with the effective discharge of the Executive’s duties and responsibilities to the Company Group or that any business related to such service is then in competition with any business of the Company Group or any of their successors or assigns.

  • Total Commitment The sum of the Commitments of the Banks, as in effect from time to time.