Common use of Performance of Duties and Responsibilities Clause in Contracts

Performance of Duties and Responsibilities. While Employee is employed by the Company hereunder, Employee will serve the Company and its Affiliates faithfully and to the best of his ability and will devote his full time, attention and efforts to the business of the Company and its Affiliates. Employee will follow and comply with applicable policies and procedures adopted by the Board or the Company from time-to-time, including without limitation, policies relating to business ethics, conflict of interest, non-discrimination and non-harassment, confidentiality and protection of trade secrets. Employee must not accept other employment or engage in other material business activity that conflicts with Employee’s duties to the Company, except as approved in writing by the Board, but may participate in charitable and personal investment activities, including sitting on boards of charitable organizations and one board of a private or public company, so long as such activities do not interfere with the performance of his duties and responsibilities hereunder. The Board’s approval of Employee’s participation in any such activities will not be unreasonably withheld. Employee hereby represents and confirms that Employee is under no contractual or legal commitments that would prevent Employee from fulfilling Employee’s duties and responsibilities as set forth in this Agreement.

Appears in 2 contracts

Samples: Indemnification Agreement (New Age Beverages Corp), Employment Agreement (New Age Beverages Corp)

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Performance of Duties and Responsibilities. While Employee is employed by the Company hereunder, Employee will shall serve the Company and its Affiliates faithfully and to the best of his Employee’s ability and will shall at all times act in accordance with the law. Employee shall devote his Employee’s full working time, attention and efforts to performing Employee’s duties and responsibilities under this Agreement and advancing the Company’s business of the Company and its Affiliatesinterests. Employee will follow and comply with applicable policies and procedures adopted by shall not, without the Board or the Company from time-to-timeCompany’s prior written consent, including without limitation, policies relating to business ethics, conflict of interest, non-discrimination and non-harassment, confidentiality and protection of trade secrets. Employee must not accept other employment or engage in other material business activity that conflicts with activities during Employee’s employment with the Company that would prevent Employee from fulfilling the duties or responsibilities as set forth in or contemplated by this Agreement; provided, however, that Employee may continue to the Company, except as approved be involved in writing by the Board, but TLM’s business and may participate in civic, religious and charitable activities and personal investment activities, including sitting on boards of charitable organizations and one board of a private or public company, activities so long as any such involvement with TLM or the other permitted activities do not interfere with the Employee’s performance of his Employee’s duties and responsibilities hereunder. The Board’s approval of , including Employee’s participation in any such activities will not be unreasonably withheldcompliance with Sections 5-8 of this Agreement. Employee hereby represents and confirms that Employee is under no contractual or legal commitments that would prevent Employee from fulfilling Employee’s duties and responsibilities as set forth in this Agreement.

Appears in 1 contract

Samples: Agreement (Insignia Systems Inc/Mn)

Performance of Duties and Responsibilities. While Employee is employed by the Company hereunder, Employee Executive will serve the Company and its Affiliates faithfully and to the using his reasonable best of his ability efforts and will devote his Executive’s full working time, attention attention, and efforts to the business of the Company and its AffiliatesCompany. Employee Executive will follow and comply with applicable policies and procedures adopted by the Board or the Company from time to time-to-time, including without limitation, policies relating to business ethics, conflict of interest, non-discrimination and non-harassment, confidentiality and protection of trade secrets. Employee must Executive will not accept engage in other employment or engage in other material business activity that conflicts with Employee’s duties to the Companyactivity, except as approved in writing by the Board, but may participate in charitable and personal investment activities, including sitting on boards of charitable organizations and one board of a private or public company, so long as such activities do not interfere with the performance of his duties and responsibilities hereunderCompany. The Board’s approval of Employee’s participation in any such activities will not be unreasonably withheld. Employee Executive hereby represents and confirms that Employee Executive is under no contractual or legal commitments that would prevent Employee him from fulfilling EmployeeExecutive’s duties and responsibilities as set forth in this Agreement. Notwithstanding the foregoing, it shall not be a violation of this Section 2 for Executive to (i) serve on civic or charitable boards or committees, (ii) deliver lectures or fulfill speaking engagements (provided that such activities do not relate to the business or operations of the Company, in which case any such activities by Executive must be consistent with Company policies and practices with respect to lectures and/or public communications), (iii) with the prior written consent of the Company, which shall not be unreasonably withheld, serve on boards or committees of for-profit entities that do not compete with the Company, or (iv) manage personal investments, in each case so long as such activities do not materially interfere with the performance of Executive’s responsibilities and duties hereunder and are not inconsistent with Executive’s obligations under this Agreement, any exhibits hereto, or any other written agreement that may be entered into by the Company and Executive.

Appears in 1 contract

Samples: Employment Agreement (Surmodics Inc)

Performance of Duties and Responsibilities. While Employee is employed by the Company hereunder, Employee will serve the Company and its Affiliates faithfully and to the best of his ability and will devote his full time, attention and efforts to the business of the Company and its Affiliates. Employee will follow and comply with applicable policies and procedures adopted by the Board or the Company or management from time-to-time, including without limitation, policies relating to business ethics, conflict of interest, non-discrimination and non-harassment, confidentiality and protection of trade secrets. Employee must not accept other employment or engage in other material business activity that conflicts with Employee’s duties to the Company, except as approved in writing by the Board, but may participate in charitable and personal investment activities, including sitting on boards of charitable organizations and one board of a private or public company, so long as such activities do not interfere with the performance of his duties and responsibilities hereunder. The Board’s approval of Employee’s participation in any such activities will not be unreasonably withheld. Employee hereby represents and confirms that Employee is under no contractual or legal commitments that would prevent Employee from fulfilling Employee’s duties and responsibilities as set forth in this Agreement.

Appears in 1 contract

Samples: Indemnification Agreement (New Age Beverages Corp)

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Performance of Duties and Responsibilities. While Employee is employed by the Company hereunder, Employee will serve the Company and its Affiliates faithfully and to the best of his ability and will devote his full time, attention and efforts to the business of the Company and its Affiliates. Employee will follow and comply with applicable policies and procedures adopted by the Board or the Company or management from time-to-time, including without limitation, policies relating to business ethics, conflict of interest, non-discrimination and non-harassment, confidentiality and protection of trade secrets. Employee must not accept other employment or engage in other material business activity that conflicts with Employee’s duties to the Company, except as approved in writing by the Board, but may participate in charitable and personal investment activities, including sitting on boards of charitable organizations and one board boards of a private or public companycompanies, so long as such activities do not interfere with the performance of his duties and responsibilities hereunderhereunder and provided Employee shall not sit on the board of more than one public company at a time without the consent of the Board. The Board’s approval of Employee’s participation in any such activities will not be unreasonably withheld. Employee hereby represents and confirms that Employee is under no contractual or legal commitments that would prevent Employee from fulfilling Employee’s duties and responsibilities as set forth in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (NewAge, Inc.)

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