Common use of Full-Time Employment Clause in Contracts

Full-Time Employment. Employee hereby accepts employment by Employer upon the terms and conditions contained herein and agrees that during the term of this Agreement, the Employee shall devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term of this Agreement, will not perform any services for any other business entity, whether such entity conducts a business which is competitive with the business of Employer or is engaged in any other business activity, provided, however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets in any business or businesses which do not compete directly or indirectly with the Employer, provided such investment or investments do not require any services on his part on the operation of the affairs of the entity in which such investment is made and in which his participation is solely that of an investor, (b) preventing Employee from purchasing securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially at any time more than 5% of the equity securities of any corporation engaged in a business which is competitive, directly or indirectly, to that of Employer, or (c) preventing Employee from engaging in any activities, if he receives the prior written approval of the Board of Directors of Employer with respect to his engaging in such activities.

Appears in 7 contracts

Samples: Employment Agreement (Cereus Technology Partners Inc), Employment Agreement (Cereus Technology Partners Inc), Employment Agreement (Cereus Technology Partners Inc)

AutoNDA by SimpleDocs

Full-Time Employment. Employee hereby accepts employment by Employer upon the terms and conditions contained herein and agrees that during the term of this Agreement, the Employee shall devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term of this Agreement, will not perform any services for any other business entity, whether such entity conducts a business which is competitive with the business of Employer or is engaged in any other business activity, provided, however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets in any business or businesses which do not compete directly or indirectly with the Employer, provided such investment or investments do not require any services on his part on the operation of the affairs of the entity in which such investment is made and in which his participation is solely that of an investor, (b) preventing Employee from purchasing securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially at any time more than 5% of the equity securities of any corporation engaged in a business which is competitive, directly or indirectly, to that of Employer, or (c) preventing Employee from engaging in any activities, if he receives the prior written approval of the Board of Directors of Employer with respect to his engaging in such activities.

Appears in 7 contracts

Samples: Employment Agreement (I2 Telecom International Inc), Employment Agreement (I2 Telecom International Inc), Employment Agreement (I2 Telecom International Inc)

Full-Time Employment. Employee hereby accepts employment by Employer Employer, upon the terms and conditions contained herein herein, and agrees that during the term of this Agreement, Agreement the Employee shall devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term of this Agreement, will not perform any services for any other business entity, whether such entity conducts a business which is competitive with the business of Employer or is engaged in any other business activity, ; provided, however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets in any business or businesses which do not compete directly or indirectly with the Employer, provided such investment or investments do not require any services on his part on in the operation of the affairs of the entity in which such investment is made and in which his participation is solely that of an investor, (b) preventing Employee from purchasing securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially beneficially, at any time time, more than 5% of the equity securities of any corporation engaged in a business which is competitive, directly or indirectly, to that of Employer, or (c) preventing Employee from engaging in any other activities, if he receives the prior written approval of the Board of Directors of Employer Company with respect to his engaging in such activities.

Appears in 4 contracts

Samples: Employment Agreement (I2 Telecom International Inc), Employment Agreement (I2 Telecom International Inc), Employment Agreement (I2 Telecom International Inc)

Full-Time Employment. Employee hereby accepts employment by Employer Employer, upon the terms and conditions contained herein herein, and agrees that during the term of this Agreement, Agreement the Employee shall devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term of this Agreement, will not perform any services for any other business entity, whether such entity conducts a business which is competitive with the business of Employer or is engaged in any other business activity, ; provided, however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets in any business or businesses which do not compete directly or indirectly with the Employer, provided such investment or investments do not require any services on his part on in the operation of the affairs of the entity in which such investment is made and in which his participation is solely that of an investor, (b) preventing Employee from purchasing securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially beneficially, at any time time, more than 5% of the equity securities of any corporation engaged in a business which is competitive, directly or indirectly, to that of Employer, or (c) preventing Employee from engaging in any other activities, if he receives the prior written approval of the Board Chief Executive Officer of Directors of Employer the Company with respect to his engaging in such activities.

Appears in 2 contracts

Samples: Employment Agreement (Inpixon), Employment Agreement (Sysorex Global Holdings Corp.)

Full-Time Employment. Employee hereby accepts employment by Employer Employer, upon the terms and conditions contained herein herein, and agrees that during the term of this Agreement, Agreement the Employee shall devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term of this Agreement, will not perform any services for any other business entity, whether such entity conducts a business which is competitive with the business of Employer or is engaged in any other business activity, ; provided, however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets in any business or businesses which do not compete directly or indirectly with the Employer, provided such investment or investments do not require any services on his part on in the operation of the affairs of the entity in which such investment is made and in which his participation is solely that of an investor, (b) preventing Employee from purchasing securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially beneficially, at any time time, more than 5% of the equity securities of any corporation engaged in a business which is competitive, directly or indirectly, to that of Employer, or (c) preventing Employee from engaging in any other activities, if he receives the prior written approval of the Board of Directors of Employer Company with respect to his engaging in such activities. With exception to his role as Director and President of AIM Group, Inc. and United Minerals Corporation.

Appears in 1 contract

Samples: Employment Agreement (Augme Technologies, Inc.)

Full-Time Employment. Employee hereby accepts employment by Employer Employer, upon the terms and conditions contained herein herein, and agrees that during the term of this Agreement, Agreement the Employee shall devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term of this Agreement, will not perform any services for any other business entity, whether such entity conducts a business which is competitive with the business of Employer or is engaged in any other business activity, ; provided, however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets in any business or businesses which do not compete directly or indirectly with the Employer, provided such investment or investments do not require any services on his part on in the operation of the affairs of the entity in which such investment is made and in which his participation is solely that of an investor, (b) preventing Employee from purchasing securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially beneficially, at any time time, more than 5% of the equity securities of any corporation engaged in a business which is competitive, directly or indirectly, to that of Employer, or (c) preventing Employee from engaging in any other activities, if he receives the prior written approval of the Board of Directors of Employer with respect to his engaging in such activities.

Appears in 1 contract

Samples: Employment Agreement (I2 Telecom International Inc)

Full-Time Employment. Employee hereby accepts employment by Employer Employer, upon the terms and conditions contained herein herein, and agrees that during the term of this Agreement, Agreement the Employee shall devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term of this Agreement, will not perform any services for any other business entity, whether such entity conducts a business which is competitive with the business of Employer or is engaged in any other business activity, ; provided, however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets in any business or businesses which do not compete directly or indirectly with the Employer, provided such investment or investments do not require any services on his part on in the operation of the affairs of the entity in which such investment is made and in which his participation is solely that of an investor, (b) preventing Employee from purchasing securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially beneficially, at any time time, more than 5% of the equity securities of any corporation engaged in a business which is competitive, directly or indirectly, to that of Employer, or (c) preventing Employee from engaging in any other activities, if he receives the prior written approval of the Board of Directors of Employer Company with respect to his engaging in such activities.. With exception to his role as Director and President of the Intellectual Property Network, Inc.

Appears in 1 contract

Samples: Employment Agreement (Parallax Health Sciences, Inc.)

Full-Time Employment. Employee hereby accepts employment by Employer upon the terms and conditions a condition contained herein and agrees that during the term of this Agreement, the Employee shall devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term of this Agreement, will not perform any services for any other business entity, whether such entity conducts a business which is competitive with the business of Employer or is engaged in any other business activity, provided, however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets in any business or businesses which do not compete directly or indirectly with the Employer, provided such investment or investments do not require any services on his part on the operation of the affairs of the entity in which such investment is made and in which his participation is solely that of an investor, (b) preventing Employee from purchasing securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially at any time more than 5% of the equity securities of any corporation engaged in a business which is competitive, directly or indirectly, to that of Employer, or (c) preventing Employee from engaging in any activities, activities other than if he receives the prior written approval of the Board of Directors of Employer with respect to his engaging in such activities. With exception to his role as Director and President of AIM Group, Inc. and United Minerals Corporation.

Appears in 1 contract

Samples: Employment Agreement (I2 Telecom International Inc)

AutoNDA by SimpleDocs

Full-Time Employment. Employee hereby accepts employment by Employer Employer, upon the terms and conditions contained herein herein, and agrees that during the term of this Agreement, Agreement the Employee shall devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term of this Agreement, will not perform any services for any other business entity, whether such entity conducts a business which is competitive with the business of Employer or is engaged in any other business activity, ; provided, however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets in any business or businesses which do not compete directly or indirectly with the Employer, provided such investment or investments do not require any services on his part on in the operation of the affairs of the entity in which such investment is made and in which his participation is solely that of an investor, (b) preventing Employee from purchasing securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially beneficially, at any time time, more than 5% of the equity securities of any corporation engaged in a business which is competitive, directly or indirectly, to that of Employer, or (c) preventing Employee from engaging in any other activities, if he receives the prior written approval of the Board of Directors of Employer Company with respect to his engaging in such activities.. With exception to his role as Director and President of AIM Group, Inc., Managing Director of ArenaLife, LLC and Chief Executive Officer of the Intellectual Property Network, Inc.

Appears in 1 contract

Samples: Employment Agreement (Parallax Health Sciences, Inc.)

Full-Time Employment. Employee hereby accepts employment by Employer Employer, upon the terms and conditions contained herein herein, and agrees that during the term of this Agreement, Agreement the Employee shall devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term of this Agreement, will not perform any services for any other business entity, whether such entity conducts a business which is competitive with the business of Employer or is engaged in any other business activity, ; provided, however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets in any business or businesses which do not compete directly or indirectly with the Employer, provided such investment or investments do not require any services on his part on in the operation of the affairs of the entity in which such investment is made and in which his participation is solely that of an investor, (b) preventing Employee from purchasing securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially beneficially, at any time time, more than 5% of the equity securities of any corporation engaged in a business which is competitive, directly or indirectly, to that of Employer, or (c) preventing Employee from engaging in any other activities, if he receives the prior written approval of the Board of Directors of Employer the Company with respect to his engaging in such activities.

Appears in 1 contract

Samples: Employment Agreement (Augme Technologies, Inc.)

Full-Time Employment. Employee hereby accepts employment by Employer Employer, upon the terms and conditions contained herein herein, and agrees that during the term of this Agreement, Agreement the Employee shall devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term of this Agreement, will not perform any services for any other business entity, whether such entity conducts a business which is competitive with the business of Employer or is engaged in any other business activity, ; provided, however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets in any business or businesses which do not compete directly or indirectly with the Employer, provided such investment or investments do not require any services on his part on in the operation of the affairs of the entity in which such investment is made and in which his participation is solely that of an investor, (b) preventing Employee from purchasing securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially beneficially, at any time time, more than 5% of the equity securities of any corporation engaged in a business which is competitive, directly or indirectly, to that of Employer, or (c) preventing Employee from engaging in any other activities, if he receives the prior written approval of the Board of Directors of Employer Company with respect to his engaging in such activities. With exception to his role as Director and President of Carbon Capital Corp and as director of IQM Corporation.

Appears in 1 contract

Samples: Employment Agreement (Parallax Health Sciences, Inc.)

Full-Time Employment. Employee hereby accepts employment by Employer upon the terms and conditions a condition contained herein and agrees that during the term of this Agreement, the Employee shall devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term of this Agreement, will not perform any services for any other business entity, whether such entity conducts a business which is competitive with the business of Employer or is engaged in any other business activity, provided, however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets in any business or businesses which do not compete directly or indirectly with the Employer, provided such investment or investments do not require any services on his part on the operation of the affairs of the entity in which such investment is made and in which his participation is solely that of an investor, (b) preventing Employee from purchasing securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially at any time more than 5% of the equity securities of any corporation engaged in a business which is competitive, directly or indirectly, to that of Employer, or (c) preventing Employee from engaging in any activities, activities other than if he receives the prior written approval of the Board of Directors of Employer with respect to his engaging in such activities.

Appears in 1 contract

Samples: Employment Agreement (I2 Telecom International Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.