Common use of Location and Availability Clause in Contracts

Location and Availability. Executive may reside wherever he chooses, without any restriction by BancorpSouth; however, Executive shall be available at reasonable times as reasonably needed for conferences, meetings and appearances during normal business hours, primarily at BancorpSouth’s headquarter offices in Tupelo, Mississippi, after first being provided reasonable notice by BancorpSouth. During the Consulting Period, Executive may not expend more than 32 hours per month in performing services for BancorpSouth. Executive shall be free to pursue business opportunities and other activities that are consistent with his obligations in Section 4.

Appears in 2 contracts

Sources: Retirement and Consulting Agreement (Bancorpsouth Inc), Retirement and Consulting Agreement (Bancorpsouth Inc)

Location and Availability. Executive may reside wherever he chooses, without any restriction by BancorpSouth; however, Executive shall be available at reasonable times as reasonably needed for conferences, meetings and appearances during normal business hours, primarily at BancorpSouth’s headquarter offices in Tupelo, Mississippi, after first being provided reasonable notice by BancorpSouth. During the Consulting Period, Executive may not expend more than 32 hours per month in performing services for BancorpSouth. Executive shall be free to pursue business opportunities and other activities that are consistent with his obligations in Section 45.

Appears in 1 contract

Sources: Retirement and Consulting Agreement (Bancorpsouth Inc)