Executive's Devotion of Time. Executive hereby agrees to devote his ----------------------------- time as required, but not as a full time employee or as a sole occupation, sufficient abilities and energy to the faithful performance of the duties assigned to him or her and to the promotion and forwarding of the business affairs of the Company, and not to divert any business opportunities from the Company to himself or herself or to any other person or business entity, unless otherwise approved by the Board of Directors. The parties agree that this duty shall be limited to a "part time" position, in that Executive has other and separate business obligations and opportunities and that the compensation provided by the Company is not intended to be paid as engaging a full time employee.
Appears in 2 contracts
Sources: Employment Agreement (Nevada Processing Solutions), Employment Agreement (Nevada Processing Solutions)