Common use of Part-Time Position Clause in Contracts

Part-Time Position. The position of the Executive with the Company is a part-time position, and during the Term the Executive will be required to devote only three-quarters (3/4) of her total working time, effort and attention to the performance of her duties and responsibilities on behalf of the Company, the parties acknowledging that such time and effort represents approximately sixteen and one-half (16.5) working days (on average on a yearly basis) per working month of twenty-two (22) days. While fulfilling her duties and responsibilities hereunder on such basis the Executive will, at all such times, faithfully, diligently, and to the best of her abilities, perform all duties and assume all responsibilities required of her under this agreement.

Part-Time Position. The position of the Executive with the Company is a part-time position, and during the Term the Executive will be required to devote only three-quarters (3/4) of her his total working time, effort and attention to the performance of her his duties and responsibilities on behalf of the Company, the parties acknowledging that such time and effort represents approximately sixteen and one-half (16.5) working days (on average on a yearly basis) per working month of twenty-two (22) days. While fulfilling her his duties and responsibilities hereunder on such basis the Executive will, at all such times, faithfully, diligently, and to the best of her his abilities, perform all duties and assume all responsibilities required of her him under this agreementAgreement.