LYRI » Topics » 8. Duty To Devote Full Time and To Avoid Conflict of Interest

This excerpt taken from the LYRI 10-K filed Sep 28, 2005.

8.  Duty To Devote Full Time and To Avoid Conflict of Interest


Employee agrees that during the period of employment, Employee shall devote full-time efforts to his or her duties as an employee of Employer.  During the period of employment, Employee further agrees not to (i) solely or jointly with others undertake or join any planning for or organization of any business activity competitive with the Employer’s business and (ii) directly or indirectly, engage or participate in any other activities that cause harm to the Employer’s research and development, sales, marketing, public reputation and representation, or business in general.


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