Common use of Time to be Devoted to Employment Clause in Contracts

Time to be Devoted to Employment. The Employee shall, except during vacation periods or absences due to temporary illness, devote substantially all of his professional and business time, attention and energies to his duties and responsibilities hereunder, and except for business trips which shall be necessary or desirable in the Corporation's business, shall render such services at the principal office of the Corporation. Nothing herein contained or in Section 10 hereof shall prevent or be construed as preventing the Employee from holding or purchasing five (5%) percent or less of any class of stock or securities of a corporation which is listed on a national securities exchange or regularly traded in the over-the-counter market, or making other investments or participating in business ventures not in competition with the business of the Corporation, as long as such investments and business ventures shall not require any time during normal business hours and do not conflict with his duties or obligations to the Corporation as provided in this Employment Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Falconstor Software Inc), Employment Agreement (Falconstor Software Inc), Employment Agreement (Falconstor Software Inc)

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Time to be Devoted to Employment. The Employee shallEmployee, except during -------------------------------- vacation periods or absences due to temporary illness, shall devote substantially all of his full professional and business time, attention attention, and energies to his duties and responsibilities hereunder, and except for business trips which shall be necessary or desirable in the Corporation's business, shall render such services at the principal office of the Corporation. Nothing contained herein contained or in Section 10 hereof shall prevent or be construed as preventing the Employee from holding or purchasing up to five percent (5%) percent or less of any class of stock or securities of a corporation cor- poration which is listed on a national securities exchange or regularly traded in the over-the-counter market, or making other investments or participating in business ventures not in competition with the business of the Corporation; provided, as long as such investments and business ventures shall do not require any time during normal business hours and do not conflict with his duties or obligations to the Corporation as provided in this Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Cheyenne Software Inc)

Time to be Devoted to Employment. The Employee shall, except during --------------------------------- vacation periods or absences due to temporary illness, devote substantially all of his her professional and business time, attention and energies to his her duties and responsibilities hereunder, and except for business trips which shall be necessary or desirable in the Corporation's business, shall render such services at the principal office of the Corporation. Nothing herein contained or in Section 10 hereof shall prevent or be construed as preventing the Employee from holding or purchasing five (5%) percent or less of any class of stock or securities of a corporation which is listed on a national securities exchange or regularly traded in the over-the-counter market, or making other investments or participating in business ventures not in competition with the business of the Corporation, as long as such investments and business ventures shall not require any time during normal business hours and do not conflict with his her duties or obligations to the Corporation as provided in this Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Cheyenne Software Inc)

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Time to be Devoted to Employment. The Employee shall, except during --------------------------------- vacation periods or absences due to temporary illness, devote substantially all of his professional and business time, attention and energies to his duties and responsibilities hereunder, and except for business trips which shall be necessary or desirable in the Corporation's business, shall render such services at the principal office of the Corporation. Nothing herein contained or in Section 10 hereof shall prevent or be construed as preventing the Employee from holding or purchasing five (5%) percent or less of any class of stock or securities of a corporation which is listed on a national securities exchange or regularly traded in the over-the-counter market, or making other investments or participating in business ventures not in competition with the business of the Corporation, as long as such investments and business ventures shall not require any time during normal business hours and do not conflict with his duties or obligations to the Corporation as provided in this Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Cheyenne Software Inc)

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