SYMM » Topics » Restrictions

This excerpt taken from the SYMM 8-K filed May 23, 2006.
Restrictions. During [his/her] employment by the Company, Executive agrees to the best of [his/her] ability and experience that [he/she] will at all times loyally and conscientiously perform all of the duties and obligations required of and from [him/her] as                                                 . During the term of [his/her] employment, Executive further agrees that [he/she] will devote all of [his/her] business time and attention to the business of the Company, the Company will be entitled to all of the benefits and profits arising from or incident to all such work, services and advice, Executive will not render commercial or professional services of any nature to any person or organization, whether or not for compensation, without the prior written consent of the Board or its authorized designee, and Executive will not directly or indirectly engage or participate in any business that is competitive in any manner with the business of the Company. Nothing in this Agreement will prevent Executive from accepting speaking or presentation engagements in exchange for honoraria or from service on boards of charitable organizations or otherwise participating in civic, charitable or fraternal organizations, or from owning no more than one percent (1%) of the outstanding equity securities of a corporation whose stock is listed on a national stock exchange.

 

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