Common use of Time and Efforts Clause in Contracts

Time and Efforts. Employee shall devote all of his business time, efforts, attention and energies to Employer’s business and the discharge of his duties hereunder. Notwithstanding the foregoing, except as otherwise agreed to in writing, Employee shall have the right to perform such incidental services as are necessary in connection with (a) his private passive investments, (b) his charitable or community activities, (c) his participation in trade or professional organizations and (d) his service on the board of directors (or comparable body) of one third-party corporate entity that does not compete with the Company Business (as defined in the Confidentiality Agreement). Employment Agreement

Appears in 2 contracts

Samples: Employment Agreement (Rxi Pharmaceuticals Corp), Employment Agreement (Rxi Pharmaceuticals Corp)

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Time and Efforts. Employee shall devote all of his business time, efforts, attention and energies to Employer’s 's business and the discharge of his duties hereunder. Notwithstanding the foregoing, except as otherwise agreed to in writing, Employee shall have the right to perform such incidental services as are necessary in connection with (a) his private private, passive investments, (b) his charitable or community activities, (c) his participation in trade or professional organizations and (d) his service on the board of directors (or comparable body) of not more than one third-party corporate entity or organization that does not compete with the Company Business (as defined in the Confidentiality Agreement). Employment Agreement, so long as the foregoing do not interfere with Employee's performance of his duties hereunder as determined in good faith by the Company.

Appears in 1 contract

Samples: Employment Agreement (Galena Biopharma, Inc.)

Time and Efforts. Employee shall devote all of his her business time, efforts, attention and energies to Employer’s business and the discharge of his her duties hereunder. Notwithstanding the foregoing, except as otherwise agreed to in writing, Employee shall have the right to perform such incidental services as are necessary in connection with (a) his her private passive investments, (b) his her charitable or community activities, (c) his her participation in trade or professional organizations and (d) his and, her service on the board of directors (or comparable body) of one third-party corporate entity that does not compete with the Company Business (as defined in the Confidentiality Agreement). Employment Agreement

Appears in 1 contract

Samples: Employment Agreement (Galena Biopharma, Inc.)

Time and Efforts. Employee shall devote all of his business time, efforts, attention and energies to Employer’s business and the discharge of his duties hereunder. Notwithstanding the foregoing, except as otherwise agreed to in writing, Employee shall have the right to perform such incidental services as are necessary in connection with (a) his private private, passive investments, (b) his charitable or community activities, (c) his participation in trade or professional organizations and (d) his service on the board of directors (or comparable body) of not more than one third-party corporate entity or organization that does not compete with the Company Business (as defined in the Confidentiality Agreement). Employment Agreement, so long as the foregoing do not interfere with Employee’s performance of his duties hereunder as determined in good faith by the Company.

Appears in 1 contract

Samples: Employment Agreement (Galena Biopharma, Inc.)

Time and Efforts. Employee shall devote all of his business time, efforts, attention and energies to Employer’s business and the discharge of his duties hereunder. Notwithstanding the foregoing, except as otherwise agreed to in writing, Employee shall have the right to perform such incidental services as are necessary in connection with (a) his private private, passive investments, (b) his charitable or community activities, (c) his participation in trade or professional organizations and (d) his service on the board of directors (or comparable body) of not more than one third-party corporate entity or organization that does not compete with the Company Business (as defined in the Confidentiality Agreement). Employment Agreement, so long as the foregoing do not interfere

Appears in 1 contract

Samples: Employment Agreement (Galena Biopharma, Inc.)

Time and Efforts. Employee shall devote all of his her business time, efforts, attention and energies to Employer’s business and the discharge of his her duties hereunder. Notwithstanding the foregoing, except as otherwise agreed to in writing, Employee shall have the right to perform such incidental services as are necessary in connection with (a) his private her private, passive investments, (b) his charitable or community activities, (c) his participation in trade or professional organizations and (d) his service on the board of directors (or comparable body) of not more than one third-party corporate entity or organization that does not compete with the Company Business (as defined in the Confidentiality Agreement). Employment Agreement, so long as the foregoing do not interfere materially with Employee’s performance of her duties hereunder as determined in good faith by the Board or the President and Chief Executive Officer of the Company.

Appears in 1 contract

Samples: Employment Agreement (Galena Biopharma, Inc.)

Time and Efforts. Employee shall devote all of his business time, efforts, attention and energies to Employer’s business and the discharge of his duties hereunder. Notwithstanding the foregoing, except as otherwise agreed to in writing, Employee shall have the right to perform such incidental services as are necessary in connection with (a) his private private, passive investments, (b) his charitable or community activities, (c) his participation in trade or professional organizations and (d) his service on the board of directors (or comparable body) of not more than one third-party corporate entity or organization that does not compete with the Company Business (as defined in the Confidentiality Agreement). Employment Agreement, so long as the foregoing do not interfere materially with Employee’s performance of his duties hereunder as determined in good faith by the Board.

Appears in 1 contract

Samples: Employment Agreement (Galena Biopharma, Inc.)

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Time and Efforts. Employee shall devote all of his business time, efforts, attention and energies to Employer’s business and the discharge of his duties hereunder. Notwithstanding the foregoing, except as otherwise agreed to in writing, Employee shall have the right to perform such incidental services as are necessary in connection with (a) his private passive investments, (b) his charitable or community activities, (c) his participation in trade or professional organizations and (d) his service on the board of directors (or comparable body) of one third-party corporate entity that does not compete with the Company Business (as defined in the Confidentiality Agreement). Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Rxi Pharmaceuticals Corp)

Time and Efforts. Employee shall devote all of his business time, efforts, attention and energies to Employer’s business and the discharge of his duties hereunder. Notwithstanding the foregoing, except as otherwise agreed to in writing, Employee shall have the right to perform such incidental services as are necessary in connection with (a) his private passive investments, (b) his charitable or community activities, (c) his participation in trade or professional organizations and (d) his service on the board of directors (or comparable body) of one third-party corporate entity that does not compete with the Company Business (as defined in the Confidentiality Agreement), and teaching responsibilities of one class per semester at San Xxxx State University, consistent with past responsibilities at the University. Employment Agreement

Appears in 1 contract

Samples: Employment Agreement (Rxi Pharmaceuticals Corp)

Time and Efforts. Employee shall devote all of his business time, efforts, attention and energies to Employer’s business and the discharge of his duties hereunder. Notwithstanding the foregoing, except as otherwise agreed to in writing, Employee shall have the right to perform such incidental services as are necessary in connection with (a) his private private, passive investments, (b) his charitable or community activities, (c) his participation in trade or professional organizations and (d) his service on the board of directors (or comparable body) of not more than one third-party corporate entity or organization that does not compete with the Company Business (as defined in the Confidentiality Agreement). Employment Agreement, so long as the foregoing do not interfere materially with Employee’s performance of his duties hereunder as determined in good faith by the Board or the President and Chief Executive Officer of the Company

Appears in 1 contract

Samples: Form of Employment Agreement (Galena Biopharma, Inc.)

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