Outside Affiliations. During the term of this Agreement, Officer shall not compete, either directly or indirectly, with the business of Employer or its affiliates. Except as otherwise provided in this Agreement, Officer may make and manage personal business investments of Officer's choice and may serve in any capacity with any civic, educational or charitable organization, or with any governmental entity or trade association, provided that such activities do not interfere with or conflict with Officer's duties under this Agreement. Officer may not sit on the board of directors of any civic, educational or charitable organization without first obtaining Employer's written consent.
Outside Affiliations. Employee agrees to devote Employee’s business time, attention, skill, and best efforts exclusively to the business and affairs of Employer and its affiliates, to faithfully perform such duties as may be assigned to Employee, and to diligently promote the business, affairs and interests of Employer and its affiliates. Employee agrees to conduct himself or herself in compliance with Employer’s Code of Business Conduct and Ethics.
Outside Affiliations. During the period commencing on July 1, 2006 and ending on December 31, 2006, Officer agrees to devote Officer’s business time, attention, skill, and best efforts exclusively to the business and affairs of Employer (to the extent applicable to Financial Freedom), and from and after January 1, 2007, Officer agrees, as Chairman of Financial Freedom, to devote such business time, attention, skill and best efforts, on a non-exclusive basis, to the business and affairs of Employer (to the extent applicable to Financial Freedom ) based on such commitment of time as shall be customary and usual for the office of Chairman of a corporation. In addition, Officer agrees, during the Term, to faithfully perform such duties as may be assigned to Officer (to the extent relating to Financial Freedom and the Public Company’s interests therein), and to diligently promote the business, affairs and interests of Employer. Officer agrees to conduct himself in compliance with Employer’s Code of Business Conduct and Ethics as shall be in effect and made available in writing to Officer from time to time. Officer may sit on the board of directors of any civic, educational or charitable organization without the prior written consent of IndyMac, and from and after July 1, 2007 may serve as a director of such other companies, without the prior written consent of IndyMac so long as such activities do not interfere in any material respect with the performance of Officer’s duties and responsibilities hereunder. Notwithstanding the foregoing sentence, during the Term, Officer shall not serve as a director of a company engaged in the mortgage banking business without the prior written consent of IndyMac.
Outside Affiliations. During the Employment Term, Officer agrees to devote such time as is necessary to discharge the responsibilities assigned to Officer hereunder and to use the Executive’s reasonable best efforts to perform such responsibilities faithfully and efficiently and will not engage in consulting work or any trade or business for his own account or on behalf of any other person, firm or corporation that directly competes, conflicts or interferes with the performance of his duties in any way without prior approval by the Board. Notwithstanding the foregoing, Officer may make and manage personal business investments and personal investment companies of his choice and serve in any capacity with any civic, educational or charitable organization, or any governmental entity or trade association. Officer may deliver lectures, fulfill speaking engagements, or teach at educational institutions, and attend to other business matters, without seeking or obtaining approval by the Board, provided such activities and services do not materially interfere or conflict with the performance of his duties hereunder. Subject to his fiduciary duties as an Officer and Director of the Company, Officer may serve as an officer and/or director of the entities previously disclosed to the Board and upon disclosure and approval by the Board, other related companies and similar private equity or portfolio companies.
Outside Affiliations. During the Employment Term, Officer will devote his full time and efforts to the business of the Employer and will not engage in consulting work or any trade or business for his own account or on behalf of any other person, firm or corporation that competes, conflicts or interferes with the performance of his duties in any way. Notwithstanding the foregoing, Officer may make and manage personal business investments of his choice and serve in any capacity with any civic, educational or charitable organization, or any governmental entity or trade association, without seeking or obtaining approval by the Board, provided such activities and services do not materially interfere or conflict with the performance of his duties hereunder.
Outside Affiliations. During the Employment Term, Officer will devote his full time and efforts to the business of the Employer and will not engage in consulting work or any trade or business for his own account or on behalf of any other person, firm or corporation that competes, conflicts or interferes with the performance of his duties in any way. Notwithstanding the foregoing, Officer may (a) pursue personal real estate investments and other personal investments and (b) may engage in non-competitive charitable activities and serve on professional and civic boards for reasonable periods of time each month so long as such activities, in the sole discretion of the Board, do not interfere with Officer’s responsibilities under this Agreement.
