Common use of Time and Efforts Devoted Clause in Contracts

Time and Efforts Devoted. During the Term, EMPLOYEE (a) shall devote his entire business time, attention, skill and energy exclusively to the Business and affairs of COMPANY and its Affiliates, (b) shall use his best efforts to promote the success of the Business of COMPANY and its Affiliates, (c) shall cooperate fully with the CEO/President and the other Officers and employees of COMPANY in the advancement of the best interests of COMPANY and its Affiliates and (d) shall not engage, directly or indirectly, in any other business or businesses, whether by way of employment, consulting or other relationship, and whether for compensation or otherwise, without the prior written consent of COMPANY in its sole and absolute discretion, except that EMPLOYEE may without such consent (i) serve on the boards of civic, non-profit or charitable organizations or corporations, (ii) deliver lectures at educational institutions or professional associations and (iii) manage personal investments and affairs (so long as any investment in non-public ventures shall be disclosed in writing to the CEO/President), provided that in any of the preceding cases such activities shall not otherwise limit EMPLOYEE’ ability to comply with the provisions of this Agreement.