Document ID: 10597

Text:
2.2 Duties. During the Employment Term, the Executive shall devote substantially all of his business time and attention to the performance of the Executive's duties hereunder and will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either directly or indirectly without the prior written consent of the Board. Notwithstanding the foregoing, the Executive will be permitted to (a) with the prior written consent of the Board (which consent can be withheld by the Board in its discretion) act or serve as a director, trustee, committee member, or principal of any type of business, civic, or charitable organization as long as such activities are disclosed in writing to the Company's Chief Financial Officer or Secretary, and (b) purchase or own less than five percent ( 5% ) of the publicly traded securities of any corporation; provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; provided further that, the activities described in clauses (a) and (b) do not interfere with the performance of the Executive's duties and responsibilities to the Company as provided hereunder, including, but not limited to, the obligations set forth in Section 2 hereof.

Named Entities:
146
148
Role
164
165
Percentage

Tokenized Text:
2
.
2
Duties
.
During
the
Employment
Term
,
the
Executive
shall
devote
substantially
all
of
his
business
time
and
attention
to
the
performance
of
the
Executive
'
s
duties
hereunder
and
will
not
engage
in
any
other
business
,
profession
,
or
occupation
for
compensation
or
otherwise
which
would
conflict
or
interfere
with
the
performance
of
such
services
either
directly
or
indirectly
without
the
prior
written
consent
of
the
Board
.
Notwithstanding
the
foregoing
,
the
Executive
will
be
permitted
to
(
a
)
with
the
prior
written
consent
of
the
Board
(
which
consent
can
be
withheld
by
the
Board
in
its
discretion
)
act
or
serve
as
a
director
,
trustee
,
committee
member
,
or
principal
of
any
type
of
business
,
civic
,
or
charitable
organization
as
long
as
such
activities
are
disclosed
in
writing
to
the
Company
'
s
Chief
Financial
Officer
or
Secretary
,
and
(
b
)
purchase
or
own
less
than
five
percent
(
5
%
)
of
the
publicly
traded
securities
of
any
corporation
;
provided
that
,
such
ownership
represents
a
passive
investment
and
that
the
Executive
is
not
a
controlling
person
of
,
or
a
member
of
a
group
that
controls
,
such
corporation
;
provided
further
that
,
the
activities
described
in
clauses
(
a
)
and
(
b
)
do
not
interfere
with
the
performance
of
the
Executive
'
s
duties
and
responsibilities
to
the
Company
as
provided
hereunder
,
including
,
but
not
limited
to
,
the
obligations
set
forth
in
Section
2
hereof
.