Employment Contract Clauses (4,827)

Employment. 1.1 Title. Executive's position shall be Chief Financial Officer of the Company, subject to the terms and conditions set forth in this Agreement. 1.2 Term. The term of this Agreement shall begin on the Effective Date and shall continue until it is terminated pursuant to Section 4 herein (the "Term"). 1.3 Duties. Executive shall do and perform all services, acts or things necessary or advisable to manage and conduct the business of the Company and that are normally associated with the position of... Chief Financial Officer. Executive shall report to the Chief Executive Officer of the Company. 1.4 Policies and Practices. The employment relationship between the Parties shall be governed by this Agreement and by the policies and practices established by the Company and/or the Company's Board of Directors (the "Board"), or any designated committee thereof. In the event that the terms of this Agreement differ from or are in conflict with the Company's policies or practices or the Company's Employee Handbook, this Agreement shall control. 1.5 Location. Unless the Parties otherwise agree in writing, during the Term Executive shall perform the services Executive is required to perform pursuant to this Agreement at the Company's offices in San Diego, California, provided, however, that the Company may from time to time require Executive to travel temporarily to other locations in connection with the Company's business. View More

Employment. The Company shall employ Executive, and Executive accepts employment with the Company upon the terms and conditions set forth in this Agreement for the period beginning on the Effective Date and ending as provided in Section 5 (the "Employment Period"). For the purposes of this Agreement, the "Effective Date" shall be May 19, 2014.

Employment. Executive is employed as the Regional President of the Bank. Executive's responsibilities, duties, prerogatives and authority in such office shall be those customary for persons holding such office of institutions in the financial institutions industry, as well as such other duties of an executive, managerial or administrative nature, which are consistent with such office, as shall be specified and designated from time to time by the Board of Directors of the Bancorp (the "Bancorp Board").

Employment. (a) POSITIONS. During the Term (defined below), the Executive shall be employed by the Company to serve as Co-President and Chief Operating Officer of the Company and Ashford Inc., as well as Chief Operating Officer of Ashford Hospitality Trust, Inc. ("Ashford Trust") and Braemar Hotels & Resorts Inc. ("Braemar"). In addition to the foregoing, the Executive shall serve the subsidiaries and affiliates of the Company, Ashford Inc., Ashford Trust, Braemar and any other entities advised by the Compa...ny in these or other offices and capacities, including as a consultant to such entities, in each case upon the reasonable request of the Company. If the Executive's service in one or more of such additional capacities is terminated, the Executive's compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement. (b) RESPONSIBILITIES. The Executive's principal employment duties and responsibilities shall be those duties and responsibilities customary for the positions of Co-President and Chief Operating Officer and such other executive duties and responsibilities as the Chief Executive Officer of the Company (the "AINC CEO") or the Board of Directors of Ashford Inc. (the "AINC Board") shall from time to time reasonably assign to the Executive. With respect to Ashford Trust and Braemar, the Executive shall be required to follow all directives of the AINC CEO relating to the performance of the Company's responsibilities pursuant to the applicable advisory agreements with each of Ashford Trust and Braemar, as may be amended, unless doing so would conflict with his fiduciary duties to Ashford Trust or Braemar, as applicable. The Executive shall report directly to the AINC CEO or such person(s) as the AINC CEO may designate from time to time. (c) EXTENT OF SERVICES. Except for illnesses and vacation periods, the Executive shall devote substantially all of his working time and attention and his best efforts to the performance of his duties and responsibilities under this Agreement and shall not be otherwise employed. However, the Executive may (i) make any passive investments where he is not obligated or required to, and shall not in fact, devote material managerial efforts, (ii) participate in charitable, academic or community activities or in trade or professional organizations, (iii) hold directorships in charitable or non-profit organizations, or (iv) subject to AINC CEO and AINC Board approval (which approval shall not be unreasonably withheld or withdrawn), hold directorships in for profit companies, except only that the AINC CEO or the AINC Board shall have the right to limit such services as a director or such participation whenever the AINC CEO or the AINC Board shall reasonably believe that the time spent on such activities infringes in any material respect upon the time required by the Executive for the performance of his duties under this Agreement or is otherwise incompatible with those duties. View More

Employment. The Company agrees to employ the Employee, and the Employee agrees to be employed by the Company, on the terms and conditions set forth below. The Employee shall be employed under this Agreement on an at-will basis for an indefinite period of time, and the Employee or the Company may terminate the employment relationship with or without notice at any time and for any or no reason or cause in accordance with the terms of Section 5 hereof. The Company is not bound to follow any policy, procedure, ...or process in connection with employee discipline, employment termination or otherwise. The Employee's employment with the Company pursuant to this Agreement shall commence on March 21, 2022 (the "Effective Date"). View More

Employment. Company hereby agrees to employ Employee as its Vice President of International (Non-USA) Sales, Employee hereby accepts such employment in accordance with the terms of this Agreement and the terms of employment applicable to regular employees of Company. In the event of any conflict or ambiguity between the terms of this Agreement and terms of employment applicable to regular employees, the terms of this Agreement shall be definitive. Employee's duties shall be performed at the Company's office...s in Romeoville, Illinois. The parties acknowledge that Employee will be required to travel in connection with the performance of his duties. View More

Employment. The Company shall employ the Executive, and the Executive agrees to be so employed, in the capacity of the Company's Chief Executive Officer to serve until the termination of the Executive's employment as provided herein.

Employment. (a) The Company agrees to employ Employee as Chief Executive Officer, as of the Effective Date and for the period set forth in Section 2(c) below, unless Employee's employment is terminated sooner in accordance with this Agreement. (b) Employee accepts employment and agrees to devote his full time (approximately 40 hours/week) and attention to the performance of his duties as determined by the Company's board of directors (the "Board") and to operate within the guidelines, plans and policies as ...may be established or approved by the Company from time to time. Without limiting the generality of the foregoing, during his employment, the Employee shall not serve on the boards of directors of any for-profit entity without the prior consent of the Board. (c) Employee shall commence his duties hereunder as of the Effective Date and continue in the employ of the Company until the third (3rd) anniversary of the Effective Date (the "Initial Term") or until his employment is terminated sooner as provided in this Agreement. Upon expiration of the Initial Term, this Agreement may be extended by the Company for an additional one (1) year period (the "Renewal Term"), by providing written notice to Employee not less than forty-five (45) days prior to the expiration of the Initial Term. (d) Employee's primary place of employment shall be in San Diego, California area, or any other geographic location within one time zone of the Company's headquarters in California. Employee may also be required to engage in reasonable travel to other locations on Company business consistent with Employee's position. View More

Employment. The Company will employ the Executive as the President and Chief Executive Officer of the Company, and the Executive agrees to serve in such capacities and provide his services to the Company on the terms and conditions set forth in this Agreement.

Employment. Company hereby agrees to employ Executive as its Chief Executive Officer and Executive hereby accepts such employment in accordance with the terms of this Agreement, and the terms of employment applicable to regular employees of Company.