Duties of the Executive Contract Clauses (59)

Duties of the Executive. (a) The Executive shall serve in the position of Executive Vice President Commercial Lending - Hampton Roads, MD, NC of Xenith and perform all duties and services commensurate with that position. Unless otherwise specified hereafter, any services performed by the Executive shall be for the benefit of Xenith and, therefore, any payments or benefits paid to the Executive pursuant to this Agreement shall be the sole responsibility of Xenith; provided, however, Xenith's obligation to make any paymen...ts owed to the Executive under this Agreement shall be discharged to the extent compensation payments are made by HoldCo. (b) The Executive shall devote his full time and attention to the discharge of the duties undertaken by him hereunder. Executive shall comply with all policies, standards and regulations of the Employer, and shall perform his duties under this Agreement to the best of his abilities and in accordance with general business standards of conduct. The foregoing provision shall not prevent the Executive's purchase, ownership or sale of any interest, or the Executive's engaging in, any business that does not compete with the business of the Employer or the Executive's involvement in charitable or community activities, provided, that the time and attention that the Executive devotes to such business and charitable or community activities does not materially interfere with the performance of the Executive's duties under this Agreement and further provided that such conduct complies in all material respects with applicable policies of the Employer. (c) The Executive shall be entitled to paid time off during each calendar year in accordance with the paid time off policy of the Employer for senior executive officers, to be taken at such time or times as the Executive and the Employer shall mutually determine. Earned but unused paid time off shall be accrued in accordance with the Employer's paid time off policy. Any payments made by the Employer to the Executive as compensation in lieu of paid time off shall be paid in accordance with the Employer's normal payroll practices. View More

Duties of the Executive. The Executive shall serve as the Company's Chief Executive Officer, and as such shall have primary responsibility for the oversight, management and general operation of all of the operations of the Company. The Executive shall report solely to the Company's Board of Directors (the "Board") and shall be assigned only those executive policy and management duties that are consistent with the Executive's position as Chief Executive Officer of the Company. The Executive shall devote substantially all... of his working time and his best efforts, full attention and energies to the business of the Company; provided, however, that it shall not be a violation of this Agreement for Executive to (a) devote reasonable periods of time to charitable and community activities and engaging in industry or professional activities (including membership on the board of directors or governing body of other corporations or entities and participation on governmental panels and commissions), and/or (b) manage personal business interests and investments, in each case so long as such activities do not interfere with the performance of Executive's responsibilities under this Agreement. The Company shall include the Executive in the management slate for election as a director at every stockholders' meeting during the Employment Term at which his term as a director would otherwise expire. View More

Duties of the Executive. During the Term, the Executive shall serve as Vice President, Operations of the Company and shall devote his full time, attention, and effort to performing the customary duties and responsibilities of such office, including those duties and responsibilities assigned to him by the Chief Executive Officer of the Company from time to time. The Executive agrees to use his best efforts to perform all duties and responsibilities that are required to fully and faithfully execute the offices and positio...ns held by him. The Executive shall be entitled to devote a reasonable amount of time to civic and community affairs and the management of his personal investments so long as these other activities do not, in the judgment of the Board of Directors of the Company (the "Board") or the Chief Executive Officer of the Company, inhibit or prohibit the performance of the Executive's duties hereunder or violate any provisions of this Agreement or policies of the Company, including, but not limited to those provisions relating to non-competition and non-disclosure. Unless otherwise agreed to by the Company and the Executive, the Executive shall primarily work from the Company's offices in Denver, Colorado, with reasonable travel as required. View More

Duties of the Executive. During the "Term" (as defined below) of employment of the Executive, the Executive shall serve as Co-President of the Company and of each of the Affiliates, and shall faithfully and diligently perform all services as may be assigned to him by the Board of Directors of the Company (the "Company Board"), the Chief Executive Officer of Argan (the "Argan CEO"), and by the Board of Directors of Argan (the "Parent Company Board"), and shall exercise such power and authority as may from time to time be... delegated to him by the Company Board, Argan CEO and Parent Company Board. The Executive shall render his services exclusively to the Company, perform all services to the best of his ability, and use his best efforts to promote the interests of the Company and the Affiliates. In addition, during the Term, the Executive shall also serve as a board member of the Company Board and of the Boards of Directors of GPS-Connecticut and GPS-California. The Executive shall perform all services to be rendered by him hereunder to the best of his ability, and use his best efforts to promote the interests of the Company and the Affiliates. View More

Duties of the Executive. A. Duties. During the Term, the Executive shall hold the title of Senior Vice President, Regulatory and Precision Medicine and shall perform such duties as the Company may reasonably require and shall use her best efforts to carry into effect the directions of Company senior management. The Executive shall report to the CEO or any other officer of the Company that the CEO or the Board of Directors (the "Board") shall designate from time to time. B. Representation. During the Term, the Executive ...shall well and faithfully serve the Company and use the Executive's best efforts to promote the interests of the Company. The Executive shall at all times give the Company the full benefit of her knowledge, expertise, technical skill and ingenuity in the performance of her duties and exercise of her powers and authority in the capacity or capacities described in Section 4(A) hereof, as the case may be. C. Time Devoted by Executive. The Executive agrees to devote substantially all of the Executive's time and attention during business hours and such additional time and attention as may reasonably be required to perform her duties hereunder. View More