Employment Clause Example from Business Contracts

Employment. The Bank will employ the Executive in the Officer Positions. Executive will perform all duties and shall have all powers commonly incident to his position, or which, consistent with his position, the Board of Directors of the Bank (the "Board") delegates to Executive. Executive also agrees to serve, if elected, as an officer and/or director of any subsidiary or affiliate of the Bank, including the Banks of the Chesapeake, MHC, the mutual holding company of the Bank ("MHC") and to carry out the d...uties and responsibilities reasonably appropriate to those offices. View More