Common use of Other Interests Clause in Contracts

Other Interests. Executive agrees, during the period of his employment by Company, to devote his full business time, energy and best efforts to the business and affairs of Company and its affiliates and not to engage without the Company’s consent, directly or indirectly, in any other business, investment, or activity that interferes with Executive’s performance of Executive’s duties hereunder, is contrary to the interests of Company or any of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business time.

Appears in 5 contracts

Samples: Executive Employment Agreement (Sonic Solutions/Ca/), Executive Employment Agreement (Sonic Solutions/Ca/), Executive Employment Agreement (Sonic Solutions/Ca/)

AutoNDA by SimpleDocs

Other Interests. Apart from the above, the Executive agrees, during the period of his employment by Company, to will devote his full business time, energy attention and abilities to his duties, and to act in the best efforts to interests of the business and affairs of Company and its affiliates and not to engage at all times. The Executive must not, without the Company’s written consent, be in any way directly or indirectly, indirectly engaged or concerned in any other businessbusiness where this is or is likely to be in conflict with the Company’s interests or where this may adversely affect the efficient discharge of his duties. However, investment, or activity that interferes with Executive’s performance of Executive’s duties hereunder, is contrary to this does not preclude the interests of Company or Executive holding securities in any of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business timeother company.

Appears in 4 contracts

Samples: Executive Services Agreement, Executive Services Agreement (Owlhead Minerals Corp.), Executive Services Agreement (Owlhead Minerals Corp.)

Other Interests. Executive agrees, during the period of his or her employment by Company, to devote substantially all of his full or her primary business time, energy and best efforts to the business and affairs of Company and its affiliates and not to engage without the Company’s consentengage, directly or indirectly, in any other businessbusiness or businesses, investmentwhether or not similar to that of Company, or activity that interferes except with Executive’s performance the consent of Executive’s duties hereunder, is contrary to the interests of Company or any of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business timeBoard.

Appears in 3 contracts

Samples: Employment Agreement (American Midstream Partners, LP), Employment Agreement (American Midstream Partners, LP), Employment Agreement (American Midstream Partners, LP)

Other Interests. Executive agrees, during the period of his employment by Company, to devote substantially all of his full business time, energy and best efforts to the business and affairs of Company and its affiliates Affiliates and not to engage without the Company’s consentengage, directly or indirectly, in any other businessbusiness or businesses, investmentwhether or not similar to that of Company, except with the consent of the Board. The foregoing notwithstanding, the parties recognize and agree that Executive may engage in passive personal investment and charitable activities that do not conflict with the business and affairs of Company or activity that interferes interfere with Executive’s performance of Executive’s his duties hereunder, is contrary to the interests of Company or any of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business time.

Appears in 3 contracts

Samples: Employment Agreement (Superior Well Services, INC), Employment Agreement (Superior Well Services, INC), Release Agreement (Superior Well Services, INC)

Other Interests. (a) Executive agrees, during the period of his Executive’s employment by the Company, to devote his full substantially all of Executive’s business time, energy and best efforts to the business and affairs of Company and its affiliates and not to engage without the Company’s consent. Without the prior written consent of the Board, which shall not unreasonably be withheld, Executive shall not, directly or indirectly, during the Term of this Agreement engage in any other activity competitive or adverse to the Company’s business, investmentwhether alone, as a partner or independent contractor, or activity that interferes with Executive’s performance of Executive’s duties hereunderas an officer, is contrary to the interests of Company or any of its affiliatesdirector, or except as approved by Company in advance, requires employee of any significant portion of Executive’s other business timeentity.

Appears in 2 contracts

Samples: Employment Agreement (Gasco Energy Inc), Employment Agreement (Gasco Energy Inc)

Other Interests. Executive agrees, during the period of his employment by Company, to devote his full primary business time, energy and best efforts to the business and affairs of Company and its affiliates and not to engage without the Company’s consentengage, directly or indirectly, in any other businessbusiness or businesses, investmentwhether or not similar to that of Company, or activity that interferes except with Executive’s performance the prior consent of Executive’s duties hereunder, is contrary to the interests Board of Directors of Company or any (the “Board of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business timeDirectors”).

Appears in 2 contracts

Samples: Employment Agreement (Superior Offshore International Inc.), Employment Agreement (Superior Offshore International Inc.)

Other Interests. Executive agrees, during the period of his or her employment by Company, to devote substantially all of his full or her primary business time, energy and best efforts to the business and affairs of Company and its affiliates and not to engage without the Company’s consentengage, directly or indirectly, in any other businessbusiness or businesses, investmentwhether or not similar to that of Company, or activity that interferes except with Executive’s performance the consent of Executive’s duties hereunder, is contrary to the interests Board of Directors of the Company or any of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business time(the “Board”).

Appears in 2 contracts

Samples: Employment Agreement (American Midstream Partners, LP), Employment Agreement (American Midstream Partners, LP)

Other Interests. Executive agrees, during the period of his employment by Company, to devote his full primary business time, energy and best efforts to the business and affairs of Company and its affiliates affiliates. The parties recognize and agree that Executive may engage in other business activities that do not to engage without conflict with the Company’s consent, directly business and affairs of Company or indirectly, in any other business, investment, or activity that interferes interfere with Executive’s performance of Executive’s his duties hereunder, is contrary to the interests of Company or any of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business time.

Appears in 2 contracts

Samples: Employment Agreement (Superior Offshore International Inc.), Employment Agreement (Superior Offshore International Inc.)

Other Interests. Executive agrees, during the period of his employment by Company, to devote all of his full primary business time, energy and best efforts to the business and affairs of Company and its affiliates and not to engage without the Company’s consentengage, directly or indirectly, in any other businessbusiness or businesses, investment, whether or activity not similar to that interferes with Executive’s performance of Executive’s duties hereunder, is contrary to the interests of Company or any of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business timeCompany.

Appears in 2 contracts

Samples: Employment Agreement (Empire Petroleum Partners, LP), Employment Agreement (Empire Petroleum Partners, LP)

Other Interests. Apart from the above, the Executive agrees, during the period of his employment by Company, to will devote his full business time, energy attention and abilities to his duties, and to act in the best efforts to interests of the business and affairs of Company and its affiliates and not to engage at all times. The Executive must not, without the Company’s 's written consent, be in any way directly or indirectly, indirectly engaged or concerned in any other businessbusiness where this is or is likely to be in conflict with the Company's interests or where this may adversely affect the efficient discharge of his duties. However, investment, or activity that interferes with Executive’s performance of Executive’s duties hereunder, is contrary to this does not preclude the interests of Company or Executive holding securities in any of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business timeother company.

Appears in 2 contracts

Samples: Executive Services Agreement (Element92 Resources Corp.), Executive Services Agreement (Savoy Capital Investments Inc)

AutoNDA by SimpleDocs

Other Interests. Executive agrees, during the period of his employment by Company, to devote all of his full primary business time, energy and best efforts to the business and affairs of Company and its affiliates and not to engage without the Company’s consentengage, directly or indirectly, in any other businessbusiness or businesses, investmentwhether or not similar to that of Company, or activity that interferes except with Executive’s performance the consent of Executive’s duties hereunder, is contrary to the interests of Company or any of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business timeBoard.

Appears in 1 contract

Samples: Employment Agreement (Empire Petroleum Partners, LP)

Other Interests. Executive agrees, during the period of his employment by Company, to devote his full primary business time, energy and best efforts to the business and affairs of Company and its affiliates and not to engage without the Company’s consentengage, directly or indirectly, in any other businessbusiness or businesses, investmentwhether or not similar to that of Company, or activity except with the consent of the Board of Directors. The foregoing notwithstanding, the parties recognize and agree that interferes Executive may engage in passive personal investments and other business activities that do not conflict with Executive’s performance of Executive’s duties hereunder, is contrary to the interests business and affairs of Company or any interfere with Executive's performance of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business timehis duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Seven Seas Petroleum Inc)

Other Interests. Apart from the above, the Executive agrees, during the period of his employment by Company, to will devote his full business time, energy attention and abilities to his duties, and to act in the best efforts to interests of the business and affairs of Company and its affiliates and not to engage at all times. The Executive must not, without the Company’s written consent, be in any way directly or indirectly, indirectly engaged or concerned in any other businessbusiness where this is or is likely to be in conflict with the Company’s interests. However, investment, or activity that interferes with Executive’s performance of Executive’s duties hereunder, is contrary to this does not preclude the interests of Company or Executive holding securities in any of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business timeother company.

Appears in 1 contract

Samples: Executive Services Agreement (Owlhead Minerals Corp.)

Other Interests. Executive agrees, during the period of his employment by Company, to devote substantially all of his full primary business time, energy and best efforts to the business and affairs of Company and its affiliates and not to engage without the Company’s consentengage, directly or indirectly, in any other businessbusiness or businesses, investmentwhether or not similar to that of Company, or activity that interferes except with Executive’s performance the consent of Executive’s duties hereunder, is contrary to the interests of Company or any of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business timeBoard.

Appears in 1 contract

Samples: Employment Agreement (American Midstream Partners, LP)

Other Interests. Executive agrees, during the period of his employment by Company, to devote his full primary business time, energy and best efforts to the business and affairs of Company and its affiliates and not to engage without the Company’s consentengage, directly or indirectly, in any other businessbusiness or businesses, investmentwhether or not similar to that of Company, or activity that interferes except with Executivethe prior consent of the Company’s performance of Executive’s duties hereunder, is contrary to the interests of Company or any of its affiliates, or except as approved by Company in advance, requires any significant portion of Executive’s business timeChief Executive Officer.

Appears in 1 contract

Samples: Employment Agreement (Superior Offshore International Inc.)

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