Common use of Full Time and Best Efforts Clause in Contracts

Full Time and Best Efforts. Subject to the terms set forth herein, the Company and ▇▇▇▇▇▇▇ Dynamics, Inc., a Delaware corporation and parent entity of the Company (“▇▇▇▇▇▇▇”), respectively, agree to employ Executive as their Executive Chairman and in such other executive capacities as may be reasonably requested from time to time by the Company’s or ▇▇▇▇▇▇▇’ Board of Directors (the “Board”) or a duly authorized committee thereof, and Executive hereby accepts such employment. Executive shall render such other services for each of the Company and corporations that control, are controlled by or are under common control with the Company, as the case may be, and to successor entities and assignees of the Company, as the case may be (the “Affiliates”) as the Company or the Board, as the case may be, may from time to time reasonably request and shall be consistent with the duties Executive is to perform for the Company and its Affiliates and with Executive’s experience. During the term of his employment with the Company and its Affiliates, Executive will devote his full business time and use his best efforts to advance the business and welfare of the Company and its Affiliates, and will not engage in any other employment or business activities for any direct or indirect remuneration that would be directly harmful or detrimental to, or that may compete with, the business and affairs of the Company or its Affiliates, or that would interfere with his duties hereunder. Notwithstanding the foregoing, subject to any conflict of interest policies of the Company and/or ▇▇▇▇▇▇▇ and so long as the following do not interfere with the performance of Executive’s duties hereunder in any material respect, Executive may serve on the board of directors of other companies.

Appears in 1 contract

Sources: Employment Agreement (Douglas Dynamics, Inc)

Full Time and Best Efforts. Subject to the terms set forth herein, the Company and ▇▇▇▇▇▇▇ Dynamics, Inc., a Delaware corporation and parent entity of the Company (“▇▇▇▇▇▇▇”), respectively, agree agrees to employ Executive as their its Executive Chairman Vice President and Chief Financial Officer and in such other executive capacities capacities, commensurate with Executive's position, as may be reasonably requested from time to time by the Company’s or ▇▇▇▇▇▇▇’ 's Board of Directors (the "Board") or a duly authorized committee thereof, and Executive hereby accepts such employment. Executive shall render such other services for each of the Company and corporations that control, are controlled by or are under common control with controlling the Company, as the case may be, and to successor entities and assignees of the CompanyCompany (the "Affiliates"), as the case may be (the “Affiliates”) as the Company or the Board, as the case may be, may from time to time reasonably request and shall be consistent with the duties Executive is to perform for the Company and its Affiliates and with Executive’s 's experience. During the term of his employment with the Company and its AffiliatesCompany, Executive will devote his full business time and use his best efforts to advance the business and welfare of the Company and its AffiliatesCompany, and will not engage in any other employment or business activities for any direct or indirect remuneration that would be directly harmful or detrimental to, or that may compete with, the business and affairs of the Company or its AffiliatesCompany, or that would interfere with his duties hereunder. Notwithstanding ; provided, however, that it is understood and agreed by the foregoingparties that Executive shall not be precluded from involvement in charitable or civic activities, subject to any conflict serving as a member of interest policies of the Company and/or ▇▇▇▇▇▇▇ and so long as the following do not interfere with the performance of Executive’s duties hereunder in any material respect, Executive may serve on the board of directors of any other companiesbusiness enterprise or engaging in personal financial investment activities to the extent the same do not compete with or materially interfere with his time or attention to the business of the Company or otherwise violate the terms of this Agreement.

Appears in 1 contract

Sources: Employment Agreement (Aircraft Braking Services, Inc.)

Full Time and Best Efforts. Subject to the terms set forth herein, the Company and ▇▇▇▇▇▇▇ Dynamics, Inc., a Delaware corporation and parent entity of the Company (“▇▇▇▇▇▇▇”), respectively, agree agrees to employ Executive as their Executive Chairman its Senior Vice President—Marketing and in such other executive capacities capacities, commensurate with Executive's position, as may be reasonably requested from time to time by the Company’s or ▇▇▇▇▇▇▇’ 's Board of Directors (the "Board") or a duly authorized committee thereof, and Executive hereby accepts such employment. Executive shall render such other services for each of the Company and corporations that control, are controlled by or are under common control with controlling the Company, as the case may be, and to successor entities and assignees of the CompanyCompany (the "Affiliates"), as the case may be (the “Affiliates”) as the Company or the Board, as the case may be, may from time to time reasonably request and shall be consistent with the duties Executive is to perform for the Company and its Affiliates and with Executive’s 's experience. During the term of his employment with the Company and its AffiliatesCompany, Executive will devote his full business time and use his best efforts to advance the business and welfare of the Company and its AffiliatesCompany, and will not engage in any other employment or business activities for any direct or indirect remuneration that would be directly harmful or detrimental to, or that may compete with, the business and affairs of the Company or its AffiliatesCompany, or that would interfere with his duties hereunder. Notwithstanding ; provided, however, that it is understood and agreed by the foregoingparties that Executive shall not be precluded from involvement in charitable or civic activities, subject to any conflict serving as a member of interest policies of the Company and/or ▇▇▇▇▇▇▇ and so long as the following do not interfere with the performance of Executive’s duties hereunder in any material respect, Executive may serve on the board of directors of any other companiesbusiness enterprise or engaging in personal financial investment activities to the extent the same do not compete with or materially interfere with his time or attention to the business of the Company or otherwise violate the terms of this Agreement.

Appears in 1 contract

Sources: Employment Agreement (Aircraft Braking Services, Inc.)

Full Time and Best Efforts. Subject to the terms set forth herein, the Company and ▇▇▇▇▇▇▇ Dynamics, Inc.L.L.C., a Delaware corporation limited liability company and parent entity wholly-owned subsidiary of the Company (“▇▇▇▇▇▇▇”), respectively, agree to employ Executive as their Chief Executive Chairman Officer and President and in such other executive capacities as may be reasonably requested from time to time by the Company’s or ▇▇▇▇▇▇▇’ Board of Directors (the “Board”) or a duly authorized committee thereof, and Executive hereby accepts such employment. Executive shall render such other services for each of the Company Company, ▇▇▇▇▇▇▇ and corporations that control, are controlled by or are under common control with controlling the CompanyCompany or ▇▇▇▇▇▇▇, as the case may be, and to successor entities and assignees of the CompanyCompany or ▇▇▇▇▇▇▇, as the case may be (the “Affiliates”) as the Company or the Board▇▇▇▇▇▇▇, as the case may be, may from time to time reasonably request and shall be consistent with the duties Executive is to perform for the Company and its Affiliates ▇▇▇▇▇▇▇ and with Executive’s experience. During the term of his employment with the Company and its Affiliates▇▇▇▇▇▇▇, Executive will devote his full business time and use his best efforts to advance the business and welfare of the Company and its Affiliates▇▇▇▇▇▇▇, and will not engage in any other employment or business activities for any direct or indirect remuneration that would be directly harmful or detrimental to, or that may compete with, the business and affairs of the Company or its Affiliates▇▇▇▇▇▇▇, or that would interfere with his duties hereunder. Notwithstanding the foregoing, subject to any conflict of interest policies of the Company and/or ▇▇▇▇▇▇▇ and so long as the following do not interfere with the performance of Executive’s duties hereunder in any material respect, Executive may serve on the board of directors of other companies.

Appears in 1 contract

Sources: Employment Agreement (Douglas Dynamics, Inc)

Full Time and Best Efforts. Subject to the terms set forth herein, the Company and ▇▇▇▇▇▇▇ Dynamics, Inc., a Delaware corporation and parent entity of the Company (“▇▇▇▇▇▇▇”), respectively, agree to employ Executive as their President and Chief Executive Chairman Officer and in such other executive capacities as may be reasonably requested from time to time by the Company’s or ▇▇▇▇▇▇▇’ Board of Directors (the “Board”) or a duly authorized committee thereof, and Executive hereby accepts such employment. Executive shall render such other services for each of the Company and corporations that control, are controlled by or are under common control with the Company, as the case may be, and to successor entities and assignees of the Company, as the case may be (the “Affiliates”) as the Company or the Board, as the case may be, may from time to time reasonably request and shall be consistent with the duties Executive is to perform for the Company and its Affiliates and with Executive’s experience. During the term of his employment with the Company and its Affiliates, Executive will devote his full business time and use his best efforts to advance the business and welfare of the Company and its Affiliates, and will not engage in any other employment or business activities for any direct or indirect remuneration that would be directly harmful or detrimental to, or that may compete with, the business and affairs of the Company or its Affiliates, or that would interfere with his duties hereunder. Notwithstanding the foregoing, subject to any conflict of interest policies of the Company and/or ▇▇▇▇▇▇▇ and so long as the following do not interfere with the performance of Executive’s duties hereunder in any material respect, Executive may serve on the board of directors of other companies.

Appears in 1 contract

Sources: Employment Agreement (Douglas Dynamics, Inc)

Full Time and Best Efforts. Subject to the terms set forth herein, the Company and ▇▇▇▇▇▇▇ Dynamics, Inc., a Delaware corporation and parent entity of the Company (“▇▇▇▇▇▇▇”), respectively, agree agrees to employ Executive as their its President and Chief Executive Chairman Officer and in such other executive capacities capacities, commensurate with Executive's position as President and Chief Executive Officer of the Company, as may be reasonably requested from time to time by the Company’s or ▇▇▇▇▇▇▇’ 's Board of Directors (the "Board") or a duly authorized committee thereof, and Executive hereby accepts such employment. Executive shall render such other services for each of the Company and corporations that control, are controlled by or are under common control with controlling the Company, as the case may be, and to successor entities and assignees of the CompanyCompany (the "Affiliates"), as the case may be (the “Affiliates”) as the Company or the Board, as the case may be, may from time to time reasonably request and shall be consistent with the duties Executive is to perform for the Company and its Affiliates and with Executive’s 's experience. During the term of his employment with the Company and its AffiliatesCompany, Executive will devote his full business time and use his best efforts to advance the business and welfare of the Company and its AffiliatesCompany, and will not engage in any other employment or business activities for any direct or indirect remuneration that would be directly harmful or detrimental to, or that may compete with, the business and affairs of the Company or its AffiliatesCompany, or that would interfere with his duties hereunder. Notwithstanding ; provided, however, that it is understood and agreed by the foregoingparties that Executive shall not be precluded from involvement in charitable or civic activities, subject to any conflict serving as a member of interest policies of the Company and/or ▇▇▇▇▇▇▇ and so long as the following do not interfere with the performance of Executive’s duties hereunder in any material respect, Executive may serve on the board of directors of any other companiesbusiness enterprise or engaging in personal financial investment activities to the extent the same do not compete with or materially interfere with his time or attention to the business of the Company or otherwise violate the terms of this Agreement.

Appears in 1 contract

Sources: Employment Agreement (Aircraft Braking Services, Inc.)