Common use of PERFORMANCE BY EMPLOYEE Clause in Contracts

PERFORMANCE BY EMPLOYEE. Except as may be otherwise directed or approved by Employer from time to time, during the period of employment under this Agreement, Employee shall devote his full time and efforts to the business and affairs of Employer and shall perform his duties competently and efficiently. Employee agrees that during the period of his employment under this Agreement he will not undertake any outside business affiliations without the prior written approval of Employer. Employee may engage in such personal investment activities during the term of this Agreement as Employee deems appropriate and consistent with Employee's position hereunder so long as such activities do not materially interfere with the performance of Employee's duties under this Agreement and are not in contravention of this Agreement.