Duties Contract Clauses (1,898)

Duties. During the period of employment as provided in Paragraph l (b) hereof, the Executive shall serve as Executive Chairman of the Bank and have all powers and duties consistent with such position, subject to the reasonable direction of the Board, including (1) assisting the Company and the Bank with their strategic goals and budgeting process, and (2) engaging in community and banking activities supporting the mission of the Company and the Bank. This will include attending up to three bank conferen...ces during the Term. While hours may vary from week to week, it is expected that Executive will spend approximately 700 hours per year on his duties as an employee. Except as specifically set forth in Paragraph 6, Executive will be a non-benefit eligible employee. The Executive will be provided suitable office space and logistical support (with the office space on the same floor as other executives of the Company). The Executive shall also continue to serve and be nominated to serve during the Term as Chairman of the Board of the Company and the Bank, subject to the election of the applicable shareholders. The Executive shall devote his best efforts to fulfill faithfully, responsibly and to the best of his ability his duties hereunder; provided, however, that with the approval of the Board, the Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations, which, in the Board's judgment, will not present any material conflict of interest with the Bank or any of its subsidiaries or affiliates or divisions, or unfavorably affect the performance of the Executive's duties, or will not violate any applicable statute or regulation. The Executive shall keep track of his time and expenses spent on the affairs of the Company and shall so advise the Bank so as to allow for a proper allocation of the Executive's salary and expenses between the Company and the Bank. 3 3. Salary. (a) Base Salary. For services performed by the Executive for the Bank pursuant to this Agreement during the period of employment as provided in Paragraph 1(b) hereof, the Bank shall pay the Executive a base salary at the rate of One Hundred Forty Thousand Dollars ($140,000.00) per year, payable in substantially equal installments in accordance with the Bank's regular payroll practices. The Executive's base salary (with any increases under paragraph (b), below) shall not be subject to reduction, except that prior to a Change of Control, the Bank may decrease the Executive's base salary if the consolidated operating results of the Company are significantly less favorable than those achieved for the fiscal year ended December 31, 2020, or the Bank makes similar decreases in the base salaries it pays to the other executive officers of the Bank. Any compensation which may be paid to the Executive under any additional compensation or incentive plan of the Bank (including those under Paragraphs 4 and 5) or which may be otherwise authorized from time to time by the Board (or an appropriate committee thereof) shall be in addition to the base salary to which the Executive shall be entitled under this Agreement. (b) Salary Increases or Decreases. During the period of employment as provided in Paragraph 1(b) hereof, the base salary of the Executive shall be reviewed no less frequently than annually by the Board to determine whether or not the same should be increased in light of the duties and responsibilities of the Executive and the performance of the Bank or decreased under the circumstances permitted in Paragraph 3(a). If it is determined that an increase or decrease is merited, such increase or decrease shall be promptly put into effect and the base salary of the Executive as so increased or decreased shall constitute the base salary of the Executive for purposes of Paragraph 3(a). (c) Expenses, Automobile and Organizations. The Bank shall pay or reimburse the Executive for all reasonable travel and other expenses incurred by the Executive in the performance of his services under this Agreement. The Bank further agrees to provide the Executive with the full time use of an automobile of a make and model selected by the Executive, not more than two years old, commensurate with his position and as approved by the Compensation Committee of the Board of Directors. Subject to the approval of the Board of Directors of the Bank, the Bank shall reimburse the Executive for all initiation fees and dues associated with membership in professional, social, civic and service organizations which the Executive joins or has joined and which membership, in whole or in part, furthers the interests of or promotes the interests of the Bank or assists the Executive in business relationships on behalf of the Bank. View More

Duties. During the term hereof, the Executive shall hold the title of Executive Vice President and Chief Financial Officer of the Employer, and shall report directly to the President and Chief Executive Officer, Southern States Bank. The Executive shall have such duties and authority as are typical of a Chief Financial Officer of an Employer such as the Employer, including, without limitation, those specific in the Employer's bylaws. The Executive shall also promote, by entertainment or otherwise, as an...d to the extent permitted by law, the business of the Employer. The Executive's duties may, from time to time, be changed or modified at the discretion of the Board; provided however, except with his written consent, Executive shall not be assigned to any position of lower professional status. View More

Duties. (a) Title/Reporting. Employee shall serve, during the Term, as President & Chief Executive Officer of CyrusOne. Employee shall report to the Board of Directors of CyrusOne (the "Board"). (b) Affiliates. Employee shall furnish such managerial, executive, financial, technical and other skills, advice, and assistance in operating the CyrusOne Group as may be reasonably requested of Employee. As of the Effective Date, the "CyrusOne Group" means the Employer, CyrusOne LP, CyrusOne, and their respecti...ve subsidiaries. (c) Duties and Responsibilities; Efforts. During the Term, Employee shall perform such duties, consistent with the provisions of Section 3(a), as are reasonably assigned to Employee, including, without limitation, service as an officer for other entities in the CyrusOne Group, and shall have authority commensurate with his titled position as delegated to him by the Board and as may be changed from time to time. In addition, if the Term is terminated under Section 9(d), following the end of the Term and through the Interim Period End Date, Employee shall provide such transition services as are reasonably requested by the Board or the Chief Executive Officer of CyrusOne in order to support a smooth transition of Employee's duties hereunder during the Term (the "Transition Services"). Employee shall devote a sufficient portion of Employee's time, attention, and energies to the business of the CyrusOne Group as is necessary to carry out his duties pursuant to the foregoing. Throughout the Term (and through the Interim Period End Date if applicable), Employee may continue to serve as a director of Circuit of the Americas and Filmwerks, Inc. and as a director and Chief Executive Officer of Cybraics, Inc.; provided that any such service, individually or in the aggregate, does not present a conflict of interest with, or materially interfere with the performance of, his duties for Employer. (d) Location. Employee shall work at a location determined in his reasonable discretion, but will travel to Employer's Dallas, Texas headquarters office when necessary to adequately perform Employee's duties. Employee shall also travel to other locations as is necessary, or as reasonably requested by Employer, to perform Employee's duties. During the Term, the CyrusOne Group shall reimburse all reasonable private jet and other travel expenses incurred in connection with performing Employee's duties, including related to traveling to Employer's Dallas, Texas headquarters office by private jet, provided (x) such expenses are submitted in accordance with the applicable policies of the CyrusOne Group and (y) any reimbursement for private jet travel expenses shall be limited to the cost that Employee would have incurred in purchasing a refundable first class commercial airline ticket for the same route on the same day. View More

Duties. The Executive will serve as the Chief Financial Officer of the Company and shall have such duties of an executive nature, consistent with such position. The Executive will report to the Chief Executive Officer.

Duties. Employee shall be employed as the Chief Financial Officer of Employer. Employee shall have such duties and responsibilities as are normally associated with the foregoing position and such additional duties and responsibilities as he may be reasonably assigned from time to time by the Board of Directors. The Employee agrees to serve the Company faithfully and to the best of her ability and shall devote her full time, attention, and energies to the business of the Company during customary business... hours. The Employee agrees to carry out her duties in a competent and professional manner and to at all times promote the best interests of the Company. Except as expressly provided herein, the Employee shall not, during the Employment Period, engage in any other business, whether or not pursued for profit. Nothing contained herein shall be construed as preventing the Executive from investing in any other business or entity which is not in competition with the business of the Company. Nothing contained herein shall be construed as preventing the Executive from (1) engaging in personal business affairs and other personal matters, (2) serving on civic or charitable boards or committees, or (3) serving on the board of directors of companies that do not compete directly or indirectly with the Company, provided however, that none of such activities materially interferes with the performance of her duties under this Agreement and provided further that the Board of Directors approves of each such proposed appointment which approval shall not be unreasonably withheld. View More

Duties. In return for the compensation and benefits now and hereafter paid or provided to me, I hereby agree to perform those duties for Company as Company may designate from time to time. During my employment with Company, I further agree that I will (i) devote my best efforts to the interests of Company, and (ii) not engage in other employment or in any conduct that could either be in direct conflict with Company's interests or that could cause a material and substantial disruption to Company and (iii...) otherwise abide by all of Company's policies and procedures as they may be established and updated from time to time. Furthermore, I will not (a) reveal, disclose or otherwise make available to any unauthorized person any Company password or key, whether or not the password or key is assigned to me or (b) obtain, possess or use in any manner a Company password or key that is not assigned to me. I will use my best efforts to prevent the unauthorized use of any laptop or personal computer, peripheral device, cell phone, smartphone, personal digital assistant (PDA), software or related technical documentation that the Company issues to me. I will not input, load or otherwise attempt any unauthorized use of software in any Company computer or other device, whether or not the computer or device is assigned to me. View More

Duties. (a) Chief Operating Officer. Employee shall serve as the Chief Operating Officer of the Company, reporting directly to the Chief Executive Officer of VolitionRx. Employee shall hold such responsibilities and authorities, and shall perform all duties and services incident to the position held by him. 1 (b) Company Policies. Employee agrees to abide by all bylaws and policies of the Company and its affiliates and/or subsidiaries promulgated from time to time by the Company and/or such entities as ...well as all laws, statutes and regulations. (c) Place of Work. The normal place of work for the Employee shall be from his home in the U.S., or from such other location as mutually agreed upon between the Company and the Employee. From time to time, the Employee will be required to attend management meetings at the Company's affiliates' offices in Belgium, Singapore, London and/or the U.S. (or such other location identified by the Company from time to time) and to be available for domestic and international travel as the Company's business reasonably requires. View More

Duties. 2.1 During the Employment Period, Executive shall serve the Company on a full-time basis and perform services in a capacity and in a manner consistent with Executive's position for the Company. Executive shall have the title of Founder and Chief Executive Officer of the Company and shall have such duties, authorities and responsibilities as are consistent with such position, as the Board of Directors of the Company (the "Company Board") may designate from time to time. Executive will report dire...ctly to the Company Board. During the Employment Period, the Company Board shall recommend to its shareholders that Executive be elected as a member of the Company Board and, if so elected, Executive shall serve for no additional consideration as a member of the Company Board. Notwithstanding the foregoing, Executive may (i) serve as a director officer and/or advisor of five (5) for-profit company without the prior approval of the Company Board; (ii) perform and participate in charitable, civic, educational, professional, community and industry affairs and other related activities; and (iii) manage Executive's personal investments, provided, however, that such activities do not materially interfere, individually or in the aggregate with the performance of Executive's duties hereunder. Further notwithstanding the foregoing, nothing contained in this Agreement shall be construed to prevent Executive from being employed by or providing services to Craig Technical Consulting, Inc., a Delaware corporation. -1- 3. Location Of Employment. Executive shall work remotely until such time as Executive and the Company mutually agree that Executive will work from the Company offices. View More

Duties. During the Term (as defined in Section 6 below), the Executive shall be employed by the Company as the Chief Executive Officer and President and, as such, the Executive shall have such responsibilities and authority as are customary for such position of a company of similar size and nature as the Company as may be assigned from time to time by the Company's Board of Directors (the "Board"). The Executive will also hold such other executive officer positions as the Board may appoint from time to ...time. The Executive shall faithfully perform for the Company the duties of such position and shall report directly to the Board. At all times during the Term, the Executive shall adhere to all of the Company's policies, rules and regulations governing the conduct of its employees, including without limitation, any compliance manual, code of ethics, employee handbook or other policies adopted by the Company from time to time. The Company and the Executive acknowledge that the Parties have entered into that certain Indemnification Agreement dated September 9, 2018 ("D&O Indemnity Agreement"). Effective on the Effective Date, Executive will be appointed to serve as a member and Chairman of the Board and Executive agrees to serve in such capacity without additional compensation. At each meeting of the Company's stockholders prior to the end of the Term at which Executive's director term is expiring, the Company will nominate Executive to serve as a member of the Board, subject to required stockholder approval and compliance with the Company's policies and procedures regarding service as a member of the Board. View More

Duties. 3.1. General Duties. Employee shall be employed as the President and Chief Executive Officer of the Company, and shall have such duties, responsibilities and obligations as are established by the Company or are generally required of persons employed in similar positions. Employee shall also perform such other services and duties for the Company which are appropriate and customary to the offices and positions held by Employee and assigned or delegated to him from time to time by the Company. 3.2.... Performance. To the best of his ability and experience, Employee will at all times during the Term loyally and conscientiously perform all duties, and discharge all responsibilities and obligations, required of and from him pursuant to the express and implicit terms hereof, and to the reasonable satisfaction of the Company. Employee shall devote substantially all his business time, energy, skill and attention to the business of the Company, and the Company shall be entitled to all of the benefits and profits arising from or incident to all such work, services, and advice of Employee rendered to the Company during the Term. View More