Employment and Duties Clause Example with 5 Variations from Business Contracts
This page contains Employment and Duties clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Employment and Duties. The Company agrees to continue to employ and the Executive agrees to continue to serve as the Company's Executive Chairman. The duties and responsibilities of the Executive shall include the duties and responsibilities as the Company's Board of Directors ("Board") may from time to time assign to the Executive that are consistent with the duties normally expected of a co-chief executive officer or similar most senior position. The Executive shall devote sufficient portions of his working time and... efforts during the Company's normal business hours to the business and affairs of the Company and its subsidiaries and to the diligent and faithful performance of the duties and responsibilities duly assigned to him pursuant to this Agreement. Provided that none of his additional activities materially interferes with the performance of the duties and responsibilities of the Executive or violates the terms of Section 15, nothing in this Section 1 shall prohibit the Executive from: (A) serving as a director or member of a committee of up to two (2) entities that do not, in the good faith determination of the Board, compete or present the appearance of competition with the Company or otherwise create, or could create, in the good faith determination of the Board, a conflict of interest or appearance of a conflict of interest with the business of the Company; (B) delivering lectures, fulfilling speaking engagements, and any writing or publication relating to his area of expertise; (C) serving as a director or trustee of any governmental, charitable or educational organization (D) engaging in additional activities in connection with personal investments and community affairs, including, without limitation, professional or charitable sports and/or coaching, nutrition or similar organization committees, boards, memberships or similar associations or affiliations or (E) performing coaching or advisory activities.View More
Variations of a "Employment and Duties" Clause from Business Contracts
Employment and Duties. The Company Parent agrees to continue to employ and the Executive agrees to continue to serve as the Company's Parent's Chief Executive Chairman. Officer, Chief Scientific Officer and Chairman of the Board. The duties and responsibilities of the Executive shall include the duties and responsibilities as the Company's Parent's Board of Directors ("Board") may from time to time assign to the Executive. Upon the Effective Date of this Agreement (or as promptly as practicable thereafter), Executive ...that are consistent with shall be appointed to serve as a member of the duties normally expected Board, pursuant to the terms and conditions of the Parent's bylaws, as amended. For so long as Executive is Chief Executive Officer, the Parent shall use commercially reasonable efforts, subject to applicable law and regulations of the The NASDAQ Stock Market LLC, to cause Executive to be nominated for election as a co-chief executive officer or similar most senior position. director and to be recommended to the stockholders for election as a director. The Executive shall devote sufficient portions of his working full time efforts and efforts during the Company's normal business hours services to the business and affairs of the Company Parent and its subsidiaries and to the diligent and faithful performance of the duties and responsibilities duly assigned to him pursuant to this Agreement. Provided that none of his additional activities materially interferes with the performance of the duties and responsibilities of the Executive or violates the terms of Section 15, nothing subsidiaries. Nothing in this Section 1 shall prohibit the Executive from: (A) serving as a director or member of a any other board, committee thereof of up to two (2) entities that do not, in the good faith determination of the Board, compete any other entity or present the appearance of competition with the Company or otherwise create, or could create, in the good faith determination of the Board, a conflict of interest or appearance of a conflict of interest with the business of the Company; organization; (B) delivering lectures, fulfilling speaking engagements, and any writing or publication relating to his area of expertise; (C) serving as a director or trustee of any governmental, charitable or educational organization organization; (D) engaging in additional activities in connection with personal investments and community affairs, including, without limitation, professional or charitable sports and/or coaching, nutrition or similar organization committees, boards, memberships or similar associations or affiliations (E) serving in health care facilities as a physician in order to maintain his license to practice medicine, or (E) (F) performing coaching advisory activities, provided, however, such activities are not in competition with the business and affairs of the Parent or advisory activities. would tend to cast executive of Parent in a negative light in the reasonable judgment of the Board. -1- 2. Term. The term of this Agreement shall commence on the Effective Date and shall continue for a period of one (1) year following the Effective Date and shall be automatically renewed for successive one (1) year periods thereafter unless either party provides the other party with written notice of his or its intention not to renew this Agreement at least three (3) months prior to the expiration of the initial term or any renewal term of this Agreement. "Employment Period" shall mean the initial one (1) year term plus renewals, if any. View More
Employment and Duties. The Company Parent agrees to continue to employ and the Executive agrees to continue to serve as the Company's Executive Chairman. Parent's Chief Operating Officer The duties and responsibilities of the Executive shall include the duties and responsibilities as the Company's Parent's Board of Directors ("Board") and Chief Executive Officer may from time to time assign to the Executive. Upon the Effective Date of this Agreement (or as promptly as practicable thereafter), Executive that are consis...tent with shall be appointed to serve as a member of the duties normally expected Board, pursuant to the terms and conditions of the Parent's bylaws, as amended. For so long as Executive is Chief Operating Officer, the Parent shall use commercially reasonable efforts, subject to applicable law and regulations of the The NASDAQ Stock Market LLC, to cause Executive to be nominated for election as a co-chief executive officer or similar most senior position. director and to be recommended to the stockholders for election as a director. The Executive shall devote sufficient portions of his working full time efforts and efforts during the Company's normal business hours services to the business and affairs of the Company Parent and its subsidiaries and to the diligent and faithful performance of the duties and responsibilities duly assigned to him pursuant to this Agreement. Provided that none of his additional activities materially interferes with the performance of the duties and responsibilities of the Executive or violates the terms of Section 15, nothing subsidiaries. Nothing in this Section 1 shall prohibit the Executive from: (A) serving as a director or member of a any other board, committee thereof of up to two (2) entities that do not, in the good faith determination of the Board, compete any other entity or present the appearance of competition with the Company or otherwise create, or could create, in the good faith determination of the Board, a conflict of interest or appearance of a conflict of interest with the business of the Company; organization; (B) delivering lectures, fulfilling speaking engagements, and any writing or publication relating to his area of expertise; (C) serving as a director or trustee of any governmental, charitable or educational organization organization; (D) engaging in additional activities in connection with personal investments and community affairs, including, without limitation, professional or charitable sports and/or coaching, nutrition or similar organization committees, boards, memberships or similar associations or affiliations (E) serving in health care facilities as a physician in order to maintain his license to practice medicine, or (E) (F) performing coaching advisory activities, provided, however, such activities are not in competition with the business and affairs of the Parent or advisory activities. would tend to cast executive of Parent in a negative light in the reasonable judgment of the Board. View More
Employment and Duties. The Company agrees to continue to employ and the Executive agrees to continue to serve as the Company's Executive Chairman. Chief Financial Officer. The duties and responsibilities of the Executive shall include the duties and responsibilities as the Company's Board of Directors ("Board") may from time to time assign to the Executive that are consistent with the duties normally expected of a co-chief executive officer or similar most senior position. Executive. The Executive shall devote suffici...ent portions of his working full time efforts and efforts during the Company's normal business hours services to the business and affairs of the Company and its subsidiaries and to the diligent and faithful performance of the duties and responsibilities duly assigned to him pursuant to this Agreement. Provided that none of his additional activities materially interferes with the performance of the duties and responsibilities of the Executive or violates the terms of Section 15, nothing subsidiaries. Nothing in this Section 1 shall prohibit the Executive from: (A) serving as a director or member of a any other board, committee thereof of up to two (2) entities that do not, in the good faith determination of the Board, compete any other entity or present the appearance of competition with the Company or otherwise create, or could create, in the good faith determination of the Board, a conflict of interest or appearance of a conflict of interest with the business of the Company; organization; (B) delivering lectures, fulfilling speaking engagements, and any writing or publication relating to his area of expertise; (C) serving as a director or trustee of any governmental, charitable or educational organization organization; (D) engaging in additional activities in connection with personal investments and community affairs, including, without limitation, professional or charitable sports and/or coaching, nutrition or similar organization committees, boards, memberships or similar associations or affiliations or (E) performing coaching advisory activities, provided, however, such activities are not in competition with the business and affairs of the Company or advisory activities. would tend to cast executive of Company in a negative light in the reasonable judgment of the Board. View More
Employment and Duties. The Company agrees to continue to employ and the Executive agrees to continue to serve as the Company's Executive Chairman. Chairman, President, CEO and CFO) until such time as the Board appoints a new CFO. The duties and responsibilities of the Executive shall include the duties and responsibilities as the Company's Board of Directors ("Board") may from time to time assign to the Executive that are consistent with the duties normally expected of a co-chief executive officer or similar most seni...or position. The Executive. Executive shall devote sufficient portions such amount of his working time and efforts during the Company's normal business hours to the business and affairs of the Company and its subsidiaries and Executive deems necessary to execute the diligent and faithful performance of the duties and responsibilities duly assigned to him pursuant to this Agreement. Provided that none of his the additional activities materially interferes with the performance of the duties and responsibilities of the Executive or violates are determined by the terms inconsistent with the position, standing, stature, reputation or best interests of Section 15, the Company, nothing in this Section 1 1, shall prohibit the Executive from: (A) from (a) serving as a consultant, director or member of a committee of up to two (2) committee, paid or unpaid, for entities that do not, , in the good faith determination of the Board, do not compete or present the appearance of competition with the Company or otherwise create, or could create, in the good faith determination of the Board, a conflict of interest or appearance of a conflict of interest with the business of the Company; (B) (b) delivering lectures, fulfilling speaking engagements, and any writing or publication relating to his area of expertise; (C) expertise (c) serving as a director or trustee of any governmental, charitable or educational organization (D) organization; or (d) engaging in additional activities in connection with personal investments and community affairs, including, without limitation, professional or charitable sports and/or coaching, nutrition or similar organization committees, boards, memberships or similar associations or affiliations or (E) performing coaching or advisory activities. affairs; provided that such activities are not inconsistent with Executive's duties under this Agreement. View More
Employment and Duties. The Company agrees to continue to employ the Executive and the Executive agrees to continue to serve as the Company's President and Chief Executive Chairman. Officer and as the Chairman of the Board. The duties and responsibilities of the Executive shall include the duties and responsibilities as the Company's Board of Directors ("Board") may from time to time assign to the Executive that are consistent with the duties normally expected of a co-chief chief executive officer or similar most senio...r position. The Executive shall devote sufficient portions of his working time and efforts during the Company's normal business hours to the business and affairs of the Company and its subsidiaries and to the diligent and faithful performance of the duties and responsibilities duly assigned to him pursuant to this Agreement. Provided that none of his additional activities materially interferes with the performance of the duties and responsibilities of the Executive or violates the terms of Section 15, nothing in this Section 1 shall prohibit the Executive from: (A) serving as a director or member of a committee of up to two (2) entities that do not, in the good faith determination of the Board, compete or present the appearance of competition with the Company or otherwise create, or could create, in the good faith determination of the Board, a conflict of interest or appearance of a conflict of interest with the business of the Company; (B) delivering lectures, fulfilling speaking engagements, and any writing or publication relating to his area of expertise; (C) serving as a director or trustee of any governmental, charitable or educational organization organization; (D) engaging in additional activities in connection with personal investments and community affairs, including, without limitation, professional or charitable sports and/or coaching, nutrition or similar organization committees, boards, memberships or similar associations or affiliations affiliations; or (E) performing coaching or advisory activities. 1 2. Term. The term of this Agreement commenced on the Effective Date and, subject to Section 13 below, shall continue for a period of three (3) years following the Effective Date and shall be automatically renewed for successive one (1) year periods thereafter unless either party provides the other party with written notice of his or its intention not to renew this Agreement at least three (3) months prior to the expiration of the initial term or any renewal term of this Agreement. As used herein, "Employment Period" shall mean the initial three (3) year term plus renewals, if any. View More
