Duties Contract Clauses (1,898)

Duties. (a) General Duties. The Consultant shall serve as Chief Operating Officer with duties and responsibilities that are customary for such an executive including, but not limited to, setting up sales and sales support operations for Company products and digital technologies; implementing, maintaining, and utilizing telemarketing to develop sales opportunities for the Company; performing, implementing, and supporting all required functions under the Company's agreement with Hewlett-Packard; providing... the Company with analysis and recommendations on future mergers and acquisitions; providing insight and recommendations for new propriety technology and the improvement of the Company's existing proprietary technologies; maintaining Company materials and assets; conducting future research and development for the Company's websites; and completing any and all other duties as may be delegated to the consultant by the Company's Chief Executive Officer (the "CEO") and the Board of Directors (the "Board"). e . The Consultant shall report to the CEO. The Consultant shall also perform services for such subsidiaries of the Company as may be necessary. The Consultant shall use his best efforts to perform his duties and discharge his responsibilities pursuant to this Agreement competently, carefully and faithfully. In determining whether or not the Consultant has used his best efforts hereunder, the Consultant's and the Company's delegation of authority and all surrounding circumstances shall be taken into account and the best efforts of the Consultant shall not be judged solely on the Company's earnings or other results of the Consultant's performance, except as specifically provided to the contrary by this Agreement. (b) Devotion of Time. The Consultant shall devote such time, attention and energies to the affairs of the Company and its subsidiaries and affiliates as are necessary to perform his duties and responsibilities pursuant to this Agreement. (c) Adherence to Inside Information Policies. The Consultant acknowledges that the Company is publicly-held and, as a result, has implemented inside information policies designed to preclude its executives and those of its subsidiaries from violating the federal securities laws by trading on material, non-public information or passing such information on to others in breach of any duty owed to the Company, or any third party. The Consultant shall promptly execute any agreements generally distributed by the Company to its employees requiring such employees to abide by its inside information policies. 2 (d) Location. The Consultant shall perform his duties remotely. The Company shall provide the Consultant with Regus meeting space, as needed by the Consultant, to conduct business on behalf of the Company. View More

Duties. The Executive shall perform such management duties for the Company and its affiliates as may from time to time be assigned and which are consistent with his title of Chief Executive Officer. The Executive hereby promises to perform and discharge, well and faithfully, all duties of his position. If Executive is elected as a director or officer of any affiliate of the Company, the Executive shall serve in such capacity or capacities without further compensation.

Duties. During the Employment Period, Executive shall serve on a full-time basis and perform services in a managerial capacity in a manner consistent with Executive's position as Chief Executive Officer of the Company and Executive's duties and responsibilities shall include those duties customarily attendant to the position of Chief Executive Officer and such other duties and responsibilities as may be assigned to him from time to time by the Company's board of directors (the "Board") consistent with h...is position as Chief Executive Officer. Executive shall devote his entire business time, attention and energies (excepting vacation time, holidays, sick days and periods of disability) and use his best efforts in his employment with the Company; provided, however, that this Agreement shall not be interpreted as prohibiting Executive from managing his personal affairs, including personal investments and engaging in charitable or civic activities, so long as such activities do not interfere in any material respect with the performance of Executive's duties and responsibilities hereunder. During his employment hereunder, Executive may serve on the board of directors of up to one other public company with the prior consent of the Board, which consent shall not be unreasonably withheld; provided, however, that such service does not violate Section 9 of this Agreement or otherwise interfere in any material respect with the performance of Executive's duties and responsibilities hereunder. View More

Duties. During the Term, the Employee shall serve as the Company's President and shall have and perform executive, administrative, and managerial duties customary for such a position, and such further duties of an executive character as shall, from time to time, be delegated or assigned to him by the Board of Directors of the Company (the "Board") or the Chief Executive Officer of the Company (the "CEO") consistent with the Employee's position.

Duties. During the Term, the Executive shall be employed by the Company as President and Chief Executive Officer, and, as such, the Executive shall faithfully perform for the Company the duties of said office and shall perform such other duties of an executive, managerial or administrative nature as shall be specified and designated from time to time by the Board of Directors of the Company (the "Board"). In addition, during the Term, the Company shall nominate the Executive as a member of the Board, an...d the Executive agrees to serve as a member of the Board if duly elected by the shareholders of the Company. The Executive shall devote substantially all of his business time and effort to the performance of his duties hereunder; provided, however, that the Executive may engage in other activities for the Executive's own account while employed hereunder, including, without limitation, charitable, community and other business activities (including, without limitation, the ownership of those properties listed on Exhibit A), provided that such other activities do not materially interfere with the performance of the Executive's duties hereunder. View More

Duties. (a) Employee shall in good faith perform those duties and functions as are required by his position (as outlined on Exhibit "A"), including but not limited to driving Willis Lease to a level of performance in the areas of growth profitability, innovation and diversification to generate value for all stakeholders, including employees, customers, and shareholders. Notwithstanding the foregoing or any other provision in this Agreement, Employer shall have the right to modify from time to time the t...itle and duties assigned to Employee so long as such title and duties are consistent with the usual and customary expectations of the type of position and function of Employee as President. (b) Employee agrees to serve Employer faithfully and to the best of his ability; to devote his full time and attention, with undivided loyalty, during normal business hours to the business and affairs of Employer, except during reasonable vacation periods and periods of illness and incapacity; and to perform such duties as the Chairman & CEO or his/her designate(s) may assign, such duties to be of a character and dignity appropriate to the position of President. Employee shall not engage in any other business or job activity during the Employment Term without Employer's prior written consent. Notwithstanding the foregoing, Employee may engage in civic and not-for-profit activities so long as such activities do not materially interfere with Employee's performance of his duties hereunder. 2 4. Compensation. Employer agrees to provide as compensation to Employee the following salary, incentive, and benefits in exchange for the services described in Section 3 of this Agreement: (a) Base Salary. Employer agrees to pay to Employee during the Employment Term an annual base salary in the amount of Three Hundred and Eighty Thousand US Dollars ($380,000) per Employment Year less payroll deductions and all required withholdings, or such higher amount as the Compensation Committee of the Board shall from time to time determine. Employee's base salary shall be paid not less frequently than semi-monthly in accordance with Employer's usual payroll practices. The Compensation Committee of the Board will review Employee's base salary no less than once annually, and shall have sole discretion to increase or decrease (subject to the next sentence hereof) the base salary. Employee's base salary only may be decreased in connection with a salary reduction program approved by the Compensation Committee of the Board, which affects all executive officers of Employer. (b) Incentive Compensation. In addition to Employee's base salary, Employee shall participate in and, to the extent earned or otherwise payable thereunder, receive periodic incentive cash bonuses pursuant to any incentive plans currently maintained or hereafter established by Employer and applicable to an employee of Employee's position, which presently is the 2016 Incentive Compensation Plan. Employee's entitlement to incentive bonuses is discretionary and shall be determined by the Compensation Committee of the Board in good faith based upon the extent to which Employee's individual performance objectives and Employer's performance objectives were achieved during the applicable bonus period. For 2016, Employee is eligible to receive a target bonus of up to 50% of Employee's base salary ("Incentive Bonus"). The target bonus shall increase automatically to 65% for 2017 if Employer achieves budgeted pre-tax net income of US$13 million or more in 2016. The Compensation Committee of the Board will annually set the Employer's performance targets and approve the incentive compensation plan. (c) Professional Associations. Employer agrees to pay the fees associated with Employee's membership in professional associations and costs associated with executive management/leadership courses pertinent to his employment. View More

Duties. Employee shall be employed by the Company as a senior executive officer of the Company and shall endeavor in good faith to competently perform such duties as inherent in Employee's employment or any designated job position or as specified by the Company and shall also perform and discharge such other employment duties and responsibilities as the Board of Directors shall from time to time reasonably determine, not inconsistent with Employee's position as a senior executive officer with the Compan...y. Employee shall also comply with any By-Laws of the Company, as applicable. Employee shall perform Employee's duties principally at the offices of the Company at 2301 Highway 190 West, DeRidder, Louisiana, with such travel to such other locations from time to time as the Board of Directors or the Chief Executive Officer of the Company may reasonably request. Except as may otherwise be approved in advance by the Board of Directors of the Company, and except during vacation periods and reasonable periods of absence due to sickness, injury or disability, Employee shall devote Employee's full time throughout the Employment Term to the services required of Employee hereunder; provided that the foregoing shall not prohibit Employee from engaging in reasonable charitable, civic, and community activities. Employee shall render Employee's business services exclusively to the Company and its subsidiaries and affiliate entities during the Employment Term and shall use her good faith efforts, judgment and energy to improve and advance the business and interests of the Company and its subsidiaries in a manner consistent with the duties of Employee's position. Employee shall diligently, prudently, professionally, and responsibly perform her duties and shall discharge her employment utilizing her best faith efforts and prudent judgment with a high degree of proficiency and competency and for the exclusive interest of the Company. View More

Duties. Palmer shall perform the duties commonly performed by the CEO, subject to the Company's Bylaws, Employee Manual, and directions from time to time of the Company's Board of Directors; provided, however, that Palmer will co-manage all manufacturing operations in conjunction with the Company's President. Palmer shall devote his full time and best efforts to assure the efficient and profitable operation of the business of the Company.

Duties. Subject to all the terms and conditions hereof, the Company shall employ Employee, and Employee shall serve the Company as Vice President, Financial Planning and Accounting. Employee shall report directly to the Chief Financial Officer of the Company. As Employee's position is a full-time position, Employee agrees to devote Employee agrees to devote his full-time effort, attention, and energies, from our Newtown, Pennsylvania office or from offsite, to this position and to the promotion of the b...usiness and interests of the Company. Employee will not render any professional services or engage in any activity which might be competitive with, adverse to the best interest of, or create the appearance of a conflict of interest with the Company. Employee agrees to abide by the policies, rules and regulations of the Company as they may be amended from time to time. Employee may not engage in outside employment or consulting without first obtaining prior express permission of the Company. View More

Duties. 2.1. During the Employment Period (as defined below), the Executive shall serve as, and have responsibilities and authority consistent with the position of, President of the Company, which shall be subject to the discretion of the Board. At the request of the Board, the Executive shall serve as a director, officer or consultant of any subsidiary of the Company or of any other entity in which the Company has an interest, provided that the Executive is indemnified for such service to the same exte...nt as he is indemnified for serving in his capacities on behalf of the Company. 2.2. The Executive agrees to devote his full working time and best efforts to the performance of his duties for the Company. The Executive shall diligently and conscientiously devote his full and exclusive business time and attention and best efforts in discharging his duties. Nothing herein shall restrict the Executive from devoting reasonable time and his expertise to charitable or communal activities. The Company shall provide appropriate office space and services to allow the Executive to discharge his duties, consistent with policies established by the Board from time to time. The Executive shall perform his duties in accordance with the Company's policies and standard operating procedures as they may be in effect from time to time. 2.3. In no event will Executive be required to relocate his residence from its present location. View More