Officer of Employer. During the Executive’s employment with the Employer, the Executive shall report directly to the Board of Directors of the Employer (the “Board”). The Executive agrees to abide by the rules, regulations, instructions, personnel practices and policies of the Employer as may be adopted from time to time by the Employer. The Executive acknowledges receipt of copies of all such rules and policies committed to writing as of the date of this Agreement.
Officer of Employer. Employee agrees to serve in the assigned position and to perform diligently and to the best of Employee's abilities the duties and services appertaining to such position as determined by Employer, as well as such additional or different duties and services appropriate to such position which Employee from time to time may be reasonably directed to perform by Employer. Employee shall at all times comply with and be subject to such policies and procedures as Employer may establish from time to time. ECM 1000656309 - Page 1 of 14 - EXH024-00273 � ============= Page 3 of 21 ============= 1.3. Employee shall, during the period of Employee's employment by Employer, devote Employee's full business time, energy, and best efforts to the business and affairs of Employer. Employee may not engage, directly or indirectly, in any other business, investment, or activity that interferes with Employee's performance of Employee's duties hereunder, is contrary to the interests of Employer or Enron, or requires any significant portion of Employee's business time. 1.4. Employee acknowledges and agrees that Employee owes a fiduciary duty of loyalty, fidelity and allegiance to act- at all times in the best interests of the Employer and to do no act which would injure Employer's business, its interests, or its reputation. It is agreed that any direct or indirect interest in, connection with, or benefit from any outside activities, particularly commercial activities, which interest might in any way adversely affect Employer, Enron, or any of their affiliates, involves a possible conflict of interest. In keeping with Employee's fiduciary duties to Employer, Employee agrees that Employee shall not knowingly become involved in a conflict of interest with Employer, Enron, or their affiliates, or upon discovery thereof, allow such a conflict to continue. Moreover, Employee agrees that Employee shall disclose to or discuss with Enron's General Counsel any facts or circumstances which might involve such a conflict of interest that has not been discussed or approved by Enron's Office of the Chairman. 1.5. Employer and Employee recognize that it is impossible to provide an exhaustive list of actions or interests which constitute a "conflict of interest." Moreover, Employer and Employee recognize there are many borderline situations. In some instances, full disclosure of facts by the Employee to Enron's General Counsel may be all that is necessary to enable Employer, Enron, or their affiliat...
Officer of Employer. Notwithstanding the foregoing, this Agreement shall not be interpreted to prohibit Employee from making passive personal investments or conducting private business affairs if those activities do not materially interfere with the services required to be performed by Employee under this Agreement.
Officer of Employer. If the Executive is elected as a director of the Employer or as a director or officer of any of its affiliates, the Executive will fulfill his duties as such director or officer without additional compensation. The Executive acknowledges and agrees that he owes a fiduciary duty of loyalty, fidelity and allegiance to act at all times in the best interests of the Employer.
Officer of Employer. Subject to the direction and ultimate authority of the Chief Executive Officer and the Board of Directors of Employer, Executive shall be responsible for the overall performance of Employer and its subsidiaries (the "Business"). In particular, Executive shall be responsible for growing the Business' EBITDA on a consistent and aggressive basis by exploiting the Business' strengths in the trucking pre-employment screening market and expanding the Business into other specific pre-employment screening markets. Employer, T/SF Communications Corporation ("T/SF") and Employer's and T/SF's subsidiaries are collectively referred to below as the "Related Entities."
Officer of Employer. During the term of this Agreement EMPLOYEE shall not without the express consent of EMPLOYER's Board of Directors serve or act as a shareholder (except passive holdings of less than 1% of the stock), employee, agent, consultant, officer, director, partner, representative or owner of any other business entity, nor (if it would require more than an insubstantial amount of business time or attention) of any nonprofit entity.
