Duty of Loyalty and Best Efforts

Example Definitions of "Duty of Loyalty and Best Efforts"
Duty of Loyalty and Best Efforts. Employee agrees to and shall devote all of their working time, attention, knowledge, and skills to Employer's business interests, and with best efforts shall do so in good faith, and to the reasonable satisfaction of the Employer. Employee understands that they shall only be entitled to the compensation, benefits, and profits as set forth in this Agreement. Employee agrees to refrain from any interest, of any kind whatsoever, in any business competitive to Employer's business. The Employee... further acknowledges they will not engage in any form of activity that produces a "conflict of interest" with those of the Employer, unless previously agreed to and in writing. View More
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