Common use of Full-Time Efforts Clause in Contracts

Full-Time Efforts. Executive shall devote his working time, attention and best efforts to the performance of business duties and responsibilities under this Agreement. Executive will not engage in any other business or render any commercial or professional services, directly or indirectly, to any other person or organization, whether for compensation or otherwise, unless explicitly approved in writing by Company. Notwithstanding the foregoing, Executive may: a. make any passive investment where he is not obligated or required to, and shall not in fact, devote any day-to-day managerial efforts; b. participate in charitable, academic, political or community activities and boards, and in trade or professional organizations; and c. accept speaking engagements, function as guide or escort for outdoor excursions or engage in similar activities on an occasional basis.

Full-Time Efforts. Executive shall devote his working time, attention and best efforts to the performance of business duties and responsibilities under this Agreement. Executive will not engage in any other business or render any commercial or professional services, directly or indirectly, to any other person or organization, whether for compensation or otherwise, unless explicitly approved in writing by Company. Notwithstanding the foregoing, Executive may: a. make any passive investment where he is not obligated or required to, and shall not in fact, devote any day-to-day managerial efforts; b. participate in charitable, academic, political or community activities and boards, for-profit boards, and in trade or professional organizations; and c. accept speaking engagements, function as guide or escort for outdoor excursions or engage in similar activities on an occasional basis.

Full-Time Efforts. Executive shall devote his working time, attention and best efforts to the performance of his business duties and responsibilities under this Agreement. Executive will not engage in any other business or render any commercial or professional services, directly or indirectly, to any other person or organization, whether for compensation or otherwise, unless explicitly approved in writing by Company. Notwithstanding the foregoing, Executive may: a. (i) may make any passive investment where he is not obligated or required to, and shall not in fact, devote any day-to-day managerial efforts; b. , (ii) may participate in charitable, academic, political or community activities and boards, and in trade or professional organizations; and c. (iii) may accept speaking engagements, function as a a guide or escort for outdoor excursions or engage in similar activities on an occasional basis; and (iv) may hold directorships in other companies consistent with Company’s Corporate Governance Guidelines.