Employment and Duties Contract Clauses (639)

Employment and Duties. (a) The Company agrees to employ Executive and Executive agrees to serve as Interim Chief Executive Officer of the Company ("ICEO") and as Chief Strategy Officer of the Company ("CSO"). Executive shall report to the Board of Directors of the Company (the "Board"). The duties and responsibilities of Executive shall include the duties and responsibilities typical of a Chief Executive Officer and Chief Strategy Officer and such other duties and responsibilities as the Board may from time to time re...asonably assign to Executive. The Company and Executive acknowledge that by agreeing to be employed as herein set forth, Executive is not resigning from his position as a member of the Board. (b) The Board understands that Executive has significant other responsibilities and is unable to devote all of his business time, attention, and energies to the business of the Company and, accordingly, Executive shall devote such time as he reasonably believes to be necessary to discharge his fiduciary duties to the Company. View More

Employment and Duties. (a) General. As of the Effective Date, the Executive shall continue to serve as the Chief Investment Officer of the Company. The Executive shall report directly to the Chief Executive Officer of the Company (the "CEO"). The Executive shall have such duties and responsibilities, commensurate with the Executive's position, as may be assigned to the Executive from time to time by the CEO. The Executive hereby accepts such employment and agrees to render the services described above. (b) Exclusive S...ervices. For so long as the Executive is employed by the Company, the Executive shall devote his full-time working time to his duties hereunder, shall faithfully serve the Company, shall in all material respects conform to and comply with the lawful directions and instructions given to his by the CEO and shall use his reasonable best efforts to promote and serve the interests of the Company. Further, the Executive shall not, directly or indirectly, render services to any other person or organization without the written consent of the CEO or otherwise engage in activities that would interfere in any material respect with his faithful performance of his duties hereunder. Notwithstanding the foregoing, (i) the Executive may serve on such other for-profit corporate boards as may be consented to by the CEO, provided that such activity does not contravene the first sentence of this Section 1(b), and (ii) the Executive may serve on not-for-profit corporate, civic or charitable boards or engage in charitable activities without remuneration therefor as may be consented to by the CEO, provided that such activity does not contravene the first sentence of this Section 1(b). View More

Employment and Duties. The Company shall continue to employ Executive in the position of Chief Financial Officer of the Company reporting to the Chief Executive Officer of the Company (the "CEO"), and Executive hereby accepts such continued employment. Executive shall perform duties incident to this position, as well as any other duties that may be assigned to Executive from time to time by the CEO or his or her designee, and/or the Company's Board of Directors (the "Board"), that are not inconsistent with service as ...an officer of the Company, including duties for any Company subsidiary or affiliate. Executive shall abide by the Company's Code of Ethics and Business Conduct ("Code of Conduct"), policies, practices, procedures, and rules. View More

Employment and Duties. (a) EMPLOYMENT. The Company hereby employs Executive, and Executive hereby agrees to act, as Chief Financial Officer of the Company. As such, Executive shall have responsibilities, duties, and authority reasonably accorded to, expected of, and consistent with Executive's position and Executive shall report directly to the Chief Executive Officer (the "CEO"). Executive hereby accepts this employment upon the terms and conditions herein contained and, subject to Section l(c) hereof, agrees to devo...te his best efforts and substantially all of his business time and attention to promote and further the business of the Company. (b) POLICIES. Executive shall faithfully adhere to, execute, and fulfill all lawful policies established by the Company. (c) OTHER ACTIVITIES. Executive shall not, during the period of his employment hereunder (the "Term"), be engaged in any other business activity pursued for gain, profit, or other pecuniary advantage if such activity interferes in any material respect with Executive's duties and responsibilities hereunder. The foregoing limitations shall not be construed as prohibiting Executive from (i) making personal investments in such form or manner as will neither require his services in the operation or affairs of the companies or enterprises in which such investments are made nor subject Executive to any conflict of interest with respect to his duties to the Company, (ii) serving on any civic or charitable boards or committees, or (iii) serving, with the written approval of the Board, as a director of one or more corporations, in each case so long as any such activities do not significantly interfere with the performance of Executive's responsibilities under this Agreement. In addition, Executive shall comply with the restrictions listed in Section 3 of this Agreement. View More

Employment and Duties. (a) Subject to the terms of this Agreement, the Company agrees to hire and employ, and Executive agrees to serve, as the Company's Chief Executive Officer ("CEO"). Subject to compliance with applicable nomination and election procedures that may be required by Company governance documents, Executive also agrees to serve as a member of the Company's Board of Directors (the "Board"). The duties and responsibilities of Executive shall include the duties and responsibilities normally associated with... such positions and such other executive officer duties and responsibilities subject to the direction and supervision of Board. At all times during the Employment Period (as defined below), the Executive shall report directly to the Board. The Executive is also and will be the senior most executive and service provider to XpresSpa Holdings, LLC and its subsidiaries including, without limitation, any entities acquired by or merged with XpresSpa (collectively, "XpresSpa"). Executive shall serve in a loyal, faithful and trustworthy manner, and shall comply with all of the policies of the Company and XpresSpa, including, without limitation, such policies with respect to legal compliance, conflicts of interest, confidentiality, code of conduct and business ethics as are from time to time in effect (as the same may be amended or modified from time to time by the Board in its discretion). (b) Executive shall devote substantially all of his working time and efforts during the Company's normal business hours to the business and affairs of XpresSpa and to the diligent and faithful performance of the duties and responsibilities duly assigned to him pursuant to this Agreement to the best of Executive's abilities. Notwithstanding the foregoing, nothing herein shall preclude Executive from (i) serving on the boards of directors of Tartine JV Holdings, LLC (d/b/a Tartine Manufactory) and of IMA, LLC (d/b/a &vest), (ii) performing services for such other companies as the Company may designate or permit at the Company's discretion, (iii) serving, with the prior written consent of the Board, which consent shall not be unreasonably withheld, as an officer or member of the boards of directors or advisory boards (or their equivalents in the case of a non-corporate entity) of noncompeting businesses or charitable, educational or civic organizations, (iv) engaging in charitable activities and community affairs and (v) managing Executive's personal investments and affairs; provided, however, that the activities set out in clauses (i), (ii), (iii), (iv) and (v) shall be limited by Executive so as not to materially interfere, individually or in the aggregate, with the performance of Executive's duties and responsibilities hereunder. View More