Positions and Duties Clause Example with 54 Variations from Business Contracts
This page contains Positions 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.
Positions and Duties. 2.1 Position. During the Employment Term, the Executive shall serve as the Chairman of the Board, President and Chief Executive Officer of the Company, reporting to the board of directors of the Company (the "Board"). In such position, the Executive shall have such duties, authority, and responsibilities as shall be determined from time to time by the Board, which duties, authority, and responsibilities are consistent with the Executive's position. The Executive shall also serve as a member of t...he Board for no additional compensation. 2.2 Duties. During the Employment Term, the Executive shall devote substantially all of his business time and attention to the performance of the Executive's duties hereunder and will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either directly or indirectly without the prior written consent of the Board. Notwithstanding the foregoing, the Executive will be permitted to (a) with the prior written consent of the Board act or serve as a director, trustee, committee member, or principal of any type of business, civic, or 1 charitable organization, and (b) purchase or own less than five percent (5%) of the publicly traded securities of any corporation; provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; provided further that, the activities described in clauses (a) and (b) do not interfere with the performance of the Executive's duties and responsibilities to the Company as provided hereunder, including, but not limited to, the obligations set forth in Section 2 hereof.View More
Variations of a "Positions and Duties" Clause from Business Contracts
Positions and Duties. 2.1 Position. During the Employment Term, the Executive shall serve as the Chairman of the Board, President and Chief Executive Officer of the Company, reporting to the board of directors Company and of the Company (the "Board"). In such position, Bank. 2.2 Duties. During the Employment Term, Executive shall have such duties, authority, authorities, and responsibilities commensurate with his positions and such other duties and responsibilities consistent with Executive's positions as shall be de...termined from time to time by the Board, which duties, authority, and responsibilities are consistent with Board of Directors of the Executive's position. The Company (the "Board"). Executive shall also serve as a member faithfully perform the duties of the Board for no additional compensation. 2.2 Duties. During the Employment Term, the Executive his employment and shall devote substantially all of his business time and attention to the performance of the Executive's duties hereunder and such duties. Executive will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either services, directly or indirectly indirectly, without the prior written consent of the Board. Notwithstanding the foregoing, the Executive will be permitted to (a) with the prior written consent of the Board act or serve as a director, trustee, committee member, or principal of any type of business, civic, or 1 charitable organization, organization in accordance with the Bank's Conflict of Interest Policy, and (b) purchase or own less than five percent (5%) of the publicly traded securities of any corporation; provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; provided further that, the activities described in clauses (a) and (b) above do not interfere with the performance of Executive's duties. Executive shall serve as President and Chief Executive Officer and as a director of each of the Executive's duties and responsibilities Company's subsidiaries which are material to the business of the Company as provided determined by the Board in its sole discretion (collectively, the "Material Subsidiaries"). Executive shall continue to serve as a member of the Board and thereafter during the Employment Term, the Company shall use its reasonable best efforts, and subject to Executive's continuing satisfaction of director qualification standards as reasonably determined by the Nominating and Governance Committee of the Board, to cause Executive to be nominated for re-election to the Board each time Executive's term on the Board would expire. Executive shall receive no additional compensation for his service as a member of the Board (or, if applicable, the Board of Directors of the Bank).2.3 Freedom to Contract. Executive represents and warrants that Executive has the right to enter into this Agreement, that he is eligible to continue employment by the Company and the Bank and that no other written or verbal agreements exist that would be in conflict with or prevent performance of any portion of this Agreement, including restrictive covenants. Executive represents and warrants that he has not made and will not make any contractual or other commitments that do or would conflict with or prevent Executive's performance of his obligations hereunder, including, but including agreements not limited to, the obligations set forth in Section 2 hereof. to compete, agreements not to solicit and/or confidentiality agreements. View More
Positions and Duties. 2.1 Position. During the Employment Term, the Executive shall serve as the Chairman of the Board, President and Chief Executive Financial Officer of the Company, reporting to the board of directors of the Company (the "Board"). In such position, the Executive shall have such duties, authority, and responsibilities responsibility as shall be determined from time to time by the Board, Board and in accordance with the amended and restated certificate of incorporation of the Company and amended and ...restated by-laws of the Company, as each may be amended from time to time, which duties, authority, and responsibilities responsibility are consistent with the Executive's position. The Executive shall also serve as a member of the Board for no additional compensation. 2.2 Duties. During the Employment Term, the Executive shall devote substantially all of his business time and attention to the performance of the Executive's duties hereunder and will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either directly or indirectly without the prior written consent of the Board. Notwithstanding the foregoing, the Executive will be permitted to (a) with the prior written consent of the Board (which consent will not be unreasonably withheld or delayed) act or serve as a director, trustee, committee member, or principal of any type of business, civic, or 1 charitable organization, and (b) purchase or own less than five percent (5%) of the publicly traded securities of any corporation; provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; provided further that, the activities described in clauses (a) and (b) do not interfere with the performance of the Executive's duties and responsibilities to the Company as provided hereunder, including, but not limited to, the obligations set forth in Section 2 hereof. corporation. View More
Positions and Duties. 2.1 Position. During the Employment Term, the Executive shall serve as the Chairman of the Board, President and Chief Executive Officer and the Chairman of the Company, reporting to the board Board of directors of the Company (the "Board"). Directors. In such position, the Executive shall have such duties, authority, and responsibilities as shall be determined from time to time by the Board, which duties, authority, and responsibilities are consistent with the Executive's position. The Executive... shall also serve as a member of the Board for no additional compensation. 2.2 Duties. During the Employment Term, the Executive shall devote substantially all of his business time and attention to the performance of the Executive's duties hereunder and will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either directly or indirectly without the prior written consent of the Board. Notwithstanding the foregoing, the Executive will be permitted to (a) with the prior written consent of the Board act or serve as a director, trustee, committee member, or principal of any type of business, civic, or 1 charitable organization, and (b) purchase or own less than five percent (5%) of the publicly traded securities of any corporation; provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; provided further that, the activities described in clauses (a) and (b) do not interfere with the performance of the Executive's duties and responsibilities to the Company as provided hereunder, including, but not limited to, the obligations set forth in Section 2 hereof.View More
Positions and Duties. 2.1 Position. During the Employment Term, the Executive shall serve as the Chairman of the Board, President Chief Financial Officer and Chief Executive Officer General Counsel of the Company, reporting to the board of directors of the Company (the "Board"). Board. In such position, the Executive shall have such duties, authority, and responsibilities responsibility as shall be determined from time to time by the Board, which duties, authority, and responsibilities responsibility are consistent w...ith the Executive's position. The Executive shall also serve as a member of the Board board of directors of the Company (the "Board") or as an officer or director of any affiliate of the Company for no additional compensation. 2.2 Duties. During the Employment Term, the Executive shall devote substantially all a substantial portion of his business time and attention to the performance of the Executive's duties hereunder and will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either directly or indirectly without the prior written consent of the Board. Notwithstanding the foregoing, the Executive will be permitted to (a) with the prior written consent of the Board act or serve as a director, trustee, committee member, or principal of any type of business, civic, or 1 charitable organization, and (b) purchase or own less than five percent (5%) of the publicly traded securities of any corporation; provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; provided further that, the activities described in clauses (a) and (b) do not interfere with the performance of the Executive's duties and responsibilities to the Company as provided hereunder, including, but not limited to, the obligations set forth in Section 2 hereof.View More
Positions and Duties. 2.1 Position. During the Employment Term, the Executive shall serve as the Chairman of the Board, President and Chief Executive Officer of the Company, reporting to the board Board of directors of the Company (the "Board"). Directors. In such position, the Executive shall have such duties, authority, and responsibilities as shall be determined from time to time by the Board, which duties, authority, and responsibilities are consistent with the Executive's position. The Executive shall also serve... as a member of the Board for no additional compensation. 2.2 Duties. During the Employment Term, the Executive shall devote substantially all of his the Executive's business time and attention to the performance of the Executive's duties hereunder and will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either directly or indirectly without the prior written consent of the Board. Notwithstanding the foregoing, the Executive will be permitted to (a) with the prior written consent of the Board act or serve as a director, trustee, committee member, or principal of any type of business, civic, or 1 charitable organization, and (b) purchase or own less than five percent (5%) of the publicly traded securities of any corporation; provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; provided further that, the activities described in clauses (a) and (b) do not interfere with the performance of the Executive's duties and responsibilities to the Company as provided hereunder, including, but not limited to, the obligations set forth in Section 2 hereof.View More
Positions and Duties. 2.1 Position. During the Employment Term, the Executive shall serve as the Chairman of the Board, President and Chief Executive Officer of the Company, reporting to the board of directors of the Company (the "Board"). Board. In such position, the Executive shall have such duties, authority, and responsibilities responsibility as shall be determined from time to time by the Board, which duties, authority, and responsibilities responsibility are consistent with the Executive's position. The Execut...ive shall also serve as a member of the Board board of directors of the Company (the "Board") or as an officer or director of any affiliate of the Company for no additional compensation. 2.2 Duties. During the Employment Term, the Executive shall devote substantially all a substantial portion of his business time and attention to the performance of the Executive's duties hereunder and will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either directly or indirectly without the prior written consent of the Board. Notwithstanding the foregoing, the Executive will be permitted to (a) with the prior written consent of the Board act or serve as a director, trustee, committee member, or principal of any type of business, civic, or 1 charitable organization, and (b) purchase or own less than five percent (5%) of the publicly traded securities of any corporation; provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; provided further that, the activities described in clauses (a) and (b) do not interfere with the performance of the Executive's duties and responsibilities to the Company as provided hereunder, including, but not limited to, the obligations set forth in Section 2 hereof.View More
Positions and Duties. 2.1 Position. During the Employment Term, the Executive shall serve as the Chairman of Chief Executive Officer, reporting to the Board, President and Chief Executive Officer of the Company, reporting to the board of directors of the Company (the "Board"). Biotech Products Services and Research, Inc. ("BPSR") ("BPSR CEO"). In such position, the Executive shall have such duties, authority, authority and responsibilities responsibility as shall be determined from time to time by the Board, BPSR CEO..., which duties, authority, authority and responsibilities responsibility are consistent with the Executive's position. The Company will also take action to immediately have the formal appointment of Executive to the Board of Directors of the Company (the "Board"). The Company shall also serve as take all proper and legal actions to have Executive elected and remain a member of the Board for during the Employment Term, subject to state and federal law and the bylaws of the Company. At any time that the Executive elects not to serve on the Board, then the Executive's right to a full voting seat on the Board will no additional compensation. longer exist and instead will be subject to the determination of the Board. 2.2 Duties. During the Employment Term, the Executive shall devote substantially all of his business time and attention to the performance of the Executive's duties hereunder and will not engage in any other business, profession, profession or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either directly or indirectly without the prior written consent of the Board. Notwithstanding the foregoing, the Executive will be permitted to (a) with the prior written consent of the Board (which consent can be withheld by the Board in its discretion) act or serve as a director, trustee, committee member, member or principal of any type of business, civic, civic or 1 charitable organization, organization as long as such activities are disclosed in writing to the BPSR CEO, and (b) purchase or own less than five percent (5%) of the publicly traded securities of any corporation; provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; provided further that, the activities described in clauses (a) and (b) do not interfere with the performance of the Executive's duties and responsibilities to the Company as provided hereunder, including, but not limited to, the obligations set forth in Section 2 hereof. View More
Positions and Duties. 2.1 Position. During the Employment Term, the Executive shall serve as the Chairman of the Board, President and Chief Executive Officer of the Company, reporting Company and shall report to the board Board of directors of the Company Directors (the "Board"). In such position, the Executive shall have such duties, authority, and responsibilities responsibility as shall be determined from time to time by the Board, which duties, authority, and responsibilities are consistent with the Executive's p...osition. The Executive shall also serve as a member of the Board for no additional compensation. 2.2 Duties. During the Employment Term, the Executive shall devote substantially all of his business time and attention to the performance of the Executive's duties hereunder and will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either directly or indirectly without the prior written consent of the Board. For the avoidance of doubt, it is expressly stated that Executive's position as a Principal of Scudder Bay Capital and its affiliates, a non-managerial position, does not conflict with his duties under this Agreement. Notwithstanding the foregoing, the Executive will be permitted to (a) serve on up to an aggregate of two (2) corporate boards or advisory boards, provided that such activities do not, individually or in the aggregate, conflict with the prior written consent performance of the Board act Executive's duties under this Agreement and do not cause the Executive to violate the commitment above to devote substantially all of his business time and attention to his duties hereunder. Nothing herein shall prohibit Executive from purchasing or serve as a director, trustee, committee member, or principal of any type of business, civic, or 1 charitable organization, and (b) purchase or own owning less than five percent (5%) of the publicly traded securities of any corporation; provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; provided further that, the activities described in clauses (a) and (b) do not interfere with the performance of the Executive's duties and responsibilities to the Company as provided hereunder, including, but not limited to, the obligations set forth in Section 2 hereof. View More
Positions and Duties. 2.1 Position. During the Employment Term, the Executive shall serve as the Chairman of the Board, President and Chief Executive Officer of the Company, reporting to the board Board of directors of the Company Directors (the "Board"). In such position, the Executive shall have such duties, authority, and responsibilities responsibility as shall be determined from time to time by the Board, Board or its designee, which duties, authority, and responsibilities responsibility are consistent with the ...Executive's position. The Executive shall also serve as a member of the Board Board, but as of the Effective Date and continuing while this Agreement is in effect, the Executive shall receive no further compensation pursuant to that certain Amended and Restated Director Agreement, as amended, between the Executive and the Company (the "Director Agreement") for no additional compensation. such service. 2.2 Duties. During the Employment Term, the Executive shall devote substantially all a substantial majority of his the Executive's business time and attention to the performance of the Executive's duties hereunder and will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either directly or indirectly without the prior written consent of the Board. Notwithstanding the foregoing, the Executive will be permitted to (a) with the prior written consent of the Board Board, which consent will not be unreasonably withheld or delayed, act or serve as a director, trustee, committee member, or principal of any type of business, civic, civic or 1 charitable organization, and organization as long as such activities are disclosed in writing to the Company, (b) purchase or own less than five percent (5%) of the publicly traded securities of any corporation; corporation unaffiliated with the Company, provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; corporation, (c) serve on up to five (5) boards of directors or advisory boards (or other governing bodies) of non-competitive corporations (or other entities) and (d) own membership interests and participate in the operations of Weird Science, LLC; provided further however that, the activities described in clauses (a) (a), (b), (c) and (b) (d) do not materially interfere with the performance of the Executive's duties and responsibilities to the Company as provided hereunder, including, but not limited to, hereunder. 2.3 Compliance with Rules and Policies. The Executive shall perform all services in accordance with the obligations set forth in Section 2 hereof. policies, procedures and rules established by the Company and the Board. In addition, the Executive shall comply with all laws, rules and regulations that are generally applicable to the Company or its affiliates and their respective employees, directors and officers. View More
Positions and Duties. 2.1 Position. During the Employment Term, the Executive shall serve as the Chairman Chief Accounting Officer, Treasurer and Secretary of the Board, Company and "principal accounting officer", reporting to the President and Chief Executive Officer of the Company, reporting as well as, until such time as the Company appoints a new chief financial officer, the Company's "principal financial officer" for purposes of Exchange Act Rules 13a-14 and 15d-14, and for all such other purposes. When and afte...r the Company appoints a new chief financial officer, the Executive shall report to the board of directors of the Company (the "Board"). chief financial officer. In such position, the Executive shall have such duties, authority, and responsibilities as shall be determined from time to time by the Board, which duties, authority, President and responsibilities are consistent with the Executive's position. The board of directors of the Company (the "Board"). If requested, the Executive shall also serve as a member of the Board for no additional compensation. 2.2 Duties. During the Employment Term, the Executive shall devote substantially all of his business time and attention to the performance of the Executive's duties hereunder and will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either directly or indirectly without the prior written consent of the Board. Notwithstanding the foregoing, the Executive will be permitted to (a) with the prior written consent of the Board act or serve as a director, trustee, committee member, or principal of any type of business, civic, or 1 charitable organization, and (b) purchase or own less than five percent (5%) of the publicly traded securities of any corporation; provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; provided further that, the activities described in clauses (a) and (b) do not interfere with the performance of the Executive's duties and responsibilities to the Company as provided hereunder, including, but not limited to, the obligations set forth in Section 2 hereof. View More
