Common use of Full Working Time Clause in Contracts

Full Working Time. During the Employment Term, the Executive shall devote his ability and attention, all of his skill and experience and efforts during normal business hours and at such other times as the performance of his duties hereunder may reasonably require to the proper performance of his duties hereunder and to the business and affairs of the Company. During the Employment Term, the Executive, without the prior written approval of the Board, shall not, either directly or indirectly, actively participate in any other business or accept any employment or business office whatsoever, including, without limitation, serving as a director, from any other Person; provided, however, that the foregoing shall not preclude the Executive, subject to Article V, from: (i) serving as a director of any non-profit or charitable organization or (ii) making an investment in any other business, so long as in any such case, the Executive does not actively participate in such other business or organization and such activity does not interfere with the Executive's ability to perform his duties hereunder and does not constitute a conflict of interest with the Company in the reasonable opinion of the Board.

Appears in 3 contracts

Samples: Employment Agreement (Ixnet Inc), Employment Agreement (Ixnet Inc), Ipc Communications Inc /De/

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Full Working Time. During the Employment Term, the Executive shall devote his ability and attention, all of his skill and experience and efforts during normal business hours and at such other times as the performance of his duties dutie s hereunder may reasonably require to the proper performance of his duties hereunder and to the business and affairs of the Company. During the Employment Term, the Executive, without the prior written approval of the Board, shall not, either directly or indirectly, actively participate in any other business or accept any employment or business office whatsoever, including, without limitation, serving as a director, from any other Person; provided, however, that the foregoing shall not preclude the Executive, subject to Article V, from: (i) serving as a director of any non-profit or charitable organization or (ii) making an investment in any other business, so long as in any such case, the Executive does not actively participate in such other business or organization and such activity does not interfere with the Executive's ability to perform his duties hereunder and does not constitute a conflict of interest with the Company in the reasonable opinion of the Board.

Appears in 1 contract

Samples: Employment Agreement (Ixnet Inc)

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