Common use of Outside Affiliations Clause in Contracts

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.

Appears in 4 contracts

Samples: Employment Agreement (Indymac Bancorp Inc), Employment Agreement (Indymac Bancorp Inc), Employment Agreement (Indymac Bancorp Inc)

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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 ’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 ’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 ’s written consent.

Appears in 3 contracts

Samples: Employment Agreement (Indymac Bancorp Inc), Employment Agreement (Indymac Bancorp Inc), Employment Agreement (Indymac Bancorp Inc)

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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 charitable, or business organization without first obtaining Employer's written consent.

Appears in 1 contract

Samples: Employment Agreement (Indymac Bancorp Inc)

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