Common use of Time Devoted to Position Clause in Contracts

Time Devoted to Position. During the Employment Term, excluding any periods of vacation and sick leave to which Executive is entitled, Executive shall devote his full working time, energy and attention to the performance of his duties and responsibilities hereunder and shall faithfully and diligently endeavor to promote the business and best interests of Employer. During the Employment Term, Executive may not, without the prior written consent of Parent, directly or indirectly, operate, participate in the management, operations or control of, or act as an executive, officer, consultant, agent or representative of, any type of business or service (other than as an executive of Employer); provided, that it shall not be a violation of the foregoing for Executive to manage his personal, financial and legal affairs so long as such activities do not interfere with the performance of his duties and responsibilities to Employer as provided hereunder; and provided, further, that Parent shall not unreasonably withhold consent to Executive serving as a director on the board of a company whose activities are not in competition, directly or indirectly, with those of Employer and the amount of time and attention required of Executive to satisfy his obligations as such a director are not reasonably likely to detract from the execution of his duties and responsibilities hereunder in any material respect.

Time Devoted to Position. During the Employment Term, excluding any periods of vacation and sick leave to which Executive is entitled, Executive shall devote his full working time, energy and attention to the performance of his duties and responsibilities hereunder and shall faithfully and diligently endeavor to promote the business and best interests of Employer. During the Employment Term, Executive may not, without the prior written consent of ParentPar, directly or indirectly, operate, participate in the management, operations or control of, or act as an executive, officer, consultant, agent or representative of, any type of business or service (other than as an executive of Employer); provided, that it shall not be a violation of the foregoing for Executive to manage his personal, financial and legal affairs so long as such activities do not interfere with the performance of his duties and responsibilities to Employer as provided hereunder; and provided, further, that Parent Par shall not unreasonably withhold consent to Executive serving as a director on the board of a company whose activities are not in competition, directly or indirectly, with those of Employer or any Affiliate and the amount of time and attention required of Executive to satisfy his obligations as such a director are not reasonably likely to detract from the execution of his duties and responsibilities hereunder in any material respect.