Duties and Scope of Employment Clause Example from Business Contracts

Duties and Scope of Employment. (a) Positions and Duties. Executive will serve, at the pleasure of the Company's Board of Directors (the "Board"), as Chief Medical Officer of the Company and shall report to the Company's Chief Executive Officer. In the capacity of Chief Medical Officer, Executive will render such business and professional services in the performance of Executive's duties, consistent with Executive's position within the Company. The employment relationship between the Parties shall continue to be governed by th...e general employment policies and practices of the Company, as adopted or modified from time to time in the Company's discretion, except that when the terms of this Agreement differ from or are in conflict with the Company's general employment policies or practices, this Agreement shall control. (b) Location. Executive's primary work location shall be in Scarsdale, New York; provided, however, that the Company reserves the right to reasonably require Executive to perform Executive's duties at places other than Executive's primary work location from time to time, and to require reasonable business travel to clinical trial sites, investor meetings, and medical conferences, including but not limited to the Company's office in Ponte Vedra, Florida. 1 (c) Obligations. During the Employment Term, Executive will devote Executive's full business efforts and time to the Company and will use good faith efforts to discharge Executive's obligations under this Agreement to the best of Executive's ability. For the duration of the Employment Term, Executive agrees not to actively engage in any other employment, occupation, or consulting activity for any direct or indirect remuneration without the prior approval of the Chief Executive Officer or Board; provided, however, that Executive may, without the approval of the Board, serve in any capacity with any civic, educational, or charitable organization and serve on the board(s) set forth on Schedule A attached hereto, provided such services do not materially interfere with Executive's obligations to the Company. After the date of this Agreement, Executive shall seek the approval of the Company's Compensation Committee before accepting or seeking any further positions. Executive shall also do the same with any outside paid employment/consulting positions. Executive represents that Executive is not subject to any non-competition, confidentiality, trade secrets or other agreement(s) that would preclude, or restrict in any way, Executive from fully performing Executive's services hereunder during Executive's employment with the Company. View More