Obligations of Optionee. The Optionee will serve the Corporation or a Subsidiary as an employee in good faith and use his or her best efforts to promote its interests. The employment shall be in such capacity or capacities and at such rate of compensation as the Corporation or such Subsidiary shall from time to time in its discretion determine. If the Optionee violates the provisions of this Section 9 without the express written consent of the Corporation or such Subsidiary, the Option will thereupon terminate without prejudice to any rights or remedies which the Corporation or such Subsidiary may have against the Optionee under this Agreement or otherwise. An Optionee shall not render services for any organization, or engage directly or indirectly in any business, which is competitive with the Corporation. Failure to comply with this restriction during the six months after exercise of an Option shall cause such exercise to be rescinded.
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Obligations of Optionee. The Optionee will serve the Corporation or a Subsidiary as an employee in good faith and use his or her best efforts to promote its interests. The employment shall be in such capacity or capacities and at such rate of compensation as the Corporation or such Subsidiary shall from time to time in its discretion determine. If the Optionee violates the provisions of this Section 9 without the express written consent of the Corporation or such Subsidiary, the Option will thereupon terminate without prejudice to any rights or remedies which the Corporation or such Subsidiary may have against the Optionee under this Agreement or otherwise. An Optionee shall not render services for any organization, or engage directly or indirectly in any business, which is competitive with the Corporation. Failure to comply with this restriction during the six months after any exercise of an Option shall cause such exercise to be rescinded.
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