Positions and Duties Clause Example with 5 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. During the term of this Agreement, the Executive shall serve as President and Chief Operating Officer of the Bank and shall undertake such duties as are consistent with such positions and titles. Executive shall also undertake such duties, consistent with Executive's positions and titles, as may be assigned to him from time to time by the Chairman of the Board of Directors of the Bank ("Chairman"), including management of Bank personnel who report to the Executive as determined by the Chairman f...rom time to time, serving on Bank committees as required in the Bank's Bylaws and as appointed from time to time by the Board of Directors of the Bank ("Board") or the Chairman, keeping the Chairman and Board informed of industry and regulatory developments regarding the Bank, coordinating with Bank personnel and third parties to the extent necessary to further the profitability and business of the Bank, and assisting in keeping the Bank in compliance with applicable laws and regulations. In addition, the Chairman shall provide the Executive with annual goals and responsibilities agreed to by the Executive, as outlined in a "performance evaluation," and it is the Executive's responsibility to meet or exceed these goals as reasonably determined by the Board and/or its Compensation Committee. In performing duties pursuant to this Agreement, the Executive shall devote his full business time, energy, skill and reasonable best efforts to promote the Bank and its business and affairs; provided that, subject to Sections 10, 12 and 13 of this Agreement, the Executive shall have the right to manage and pursue personal and family interests, and make passive investments in securities, real estate, and other assets, and also to participate in charitable and community activities and organizations, so long as such activities do not adversely affect the performance by Executive of his duties and obligations to the Bank and/or Professional Holding Corp, ("Parent") and/or their subsidiaries (collectively, the "Bank Group").View More
Variations of a "Positions and Duties" Clause from Business Contracts
Positions and Duties. During the term of this Agreement, the Executive shall serve as President and Chief Operating Financial Officer of the Bank and Professional Holding Corp. ("Parent"), together with any affiliates the "Bank Group", and shall undertake such duties as are consistent with such positions and titles. Executive shall also undertake such duties, consistent with Executive's positions and such titles, as may be assigned to him from time to time by the Chairman of the Board of Directors of the Bank ("Chair...man"), including management of Bank personnel who report to the Executive as determined by the Chairman from time to time, serving on Bank committees as required in the Bank's Bylaws and as appointed or her from time to time by the Board of Directors of the Bank ("Board") and Parent (referred to as the "Board") and/or the President and Chief Executive Officer of the Bank and Parent (the "CEO"), including serving on Board committees appointed from time to time by the Board or the Chairman, CEO, keeping the Chairman and Board CEO informed of industry and regulatory developments regarding the Bank, coordinating with Bank personnel and third parties to the extent necessary to further the profitability and business of the Bank, and assisting in keeping the Bank in compliance with applicable laws and regulations. In addition, the Chairman shall provide the Executive with annual goals and responsibilities agreed to by the Executive, as outlined in a "performance evaluation," and it is the Executive's responsibility to meet or exceed these goals as reasonably determined by the Board and/or its Compensation Committee. In performing duties pursuant to this Agreement, the Executive shall devote his her full business time, energy, skill and reasonable best efforts to promote the Bank Group and its business and affairs; provided that, subject to Sections 10, 11, 12 and 13 of this Agreement, the Executive shall have the right to manage and pursue personal and family interests, and make passive investments in securities, real estate, and other assets, and also to participate in charitable and community activities and organizations, so long as such activities do not adversely affect the performance by Executive of his or her duties and obligations to the Bank and/or Professional Holding Corp, ("Parent") and/or their subsidiaries (collectively, the "Bank Group"). Group. View More
Positions and Duties. During the term of this Agreement, the Executive shall serve as President and Chief Operating Financial Officer of the Bank Bank, and shall undertake such duties as are consistent with such positions and titles. Executive shall also undertake such duties, consistent with Executive's positions and such titles, as may be assigned to him from time to time by the Chairman of the Board of Directors of the Bank ("Chairman"), including management of Bank personnel who report to the Executive as determi...ned by the Chairman from time to time, serving on Bank committees as required in the Bank's Bylaws and as appointed or her from time to time by the Board of Directors of the Bank ("Board") (referred to as the "Board") and/or the President and Chief Executive Officer of the Bank (the "CEO"), including serving on Board committees appointed from time to time by the Board or the Chairman, CEO, keeping the Chairman and Board CEO informed of industry and regulatory developments regarding the Bank, coordinating with Bank personnel and third parties to the extent necessary to further the profitability and business of the Bank, and assisting in keeping the Bank in compliance with applicable laws and regulations. In addition, the Chairman shall provide the Executive with annual goals and responsibilities agreed to by the Executive, as outlined in a "performance evaluation," and it is the Executive's responsibility to meet or exceed these goals as reasonably determined by the Board and/or its Compensation Committee. In performing duties pursuant to this Agreement, the Executive shall devote his or her full business time, energy, skill and reasonable best efforts to promote the Bank and its business and affairs; provided that, subject to Sections 10, 12 and 13 of this Agreement, the Executive shall have the right to manage and pursue personal and family interests, and make passive investments in securities, real estate, and other assets, and also to participate in charitable and community activities and organizations, so long as such activities do not adversely affect the performance by Executive of his or her duties and obligations to the Bank and/or Professional Holding Corp, ("Parent") and/or their subsidiaries (collectively, the "Bank Group"). Bank. View More
Positions and Duties. During the term of this Agreement, the Executive shall serve as President Chief Information Officer and Chief Operating Digital Officer of the Bank Bank, and shall undertake such duties as are consistent with such positions and titles. Executive shall also undertake such duties, consistent with Executive's positions and titles, such title, as may be assigned to him from time to time by the Executive Chairman of the Bank (the "Chairman") and the Board of Directors of the Bank ("Chairman"), (refer...red to as the "Board"), including management overseeing all technology issues (including the preparation, implementation and monitoring of Bank personnel who report to the Executive as determined by the Chairman from time to time, serving on Bank committees as required in the Bank's Bylaws and as appointed from time to time by the Board of Directors appropriate policies) of the Bank ("Board") or and/or any holding company of the Chairman, Bank and/or their subsidiaries (collectively, the "Bank Group"), keeping the Board and the Chairman and Board informed of industry and regulatory developments regarding the Bank, coordinating with Bank personnel and third parties to the extent necessary to further the profitability and business of the Bank, Bank's technology issues, and assisting in keeping the Bank Group in compliance with applicable technology laws and regulations. In addition, the Board and/or the Chairman shall provide the Executive with annual goals and responsibilities agreed to by the Executive, as outlined in a "performance evaluation," and it is the Executive's responsibility to meet or exceed these goals as reasonably determined by in the sole discretion of the Board and/or its Compensation Committee. and/the Chairman. In performing his duties pursuant to this Agreement, the Executive shall devote his full business time, energy, skill and reasonable best efforts to promote the Bank Group and its business and affairs; provided that, subject to Sections 10, 12 13 and 13 14 of this Agreement, the Executive shall have the right to manage and pursue personal and family interests, and make passive investments in securities, real estate, and other assets, and also to participate in charitable and community activities and organizations, so long as such activities do not adversely affect the performance by Executive of his duties and obligations to the Bank and/or Professional Holding Corp, ("Parent") and/or their subsidiaries (collectively, the "Bank Group"). Group. View More
Positions and Duties. During the term of this Agreement, Term, the Executive shall serve as President Chairman and Chief Operating Executive Officer of the Parent and the Chairman of the Bank, shall at all times report solely to the Board of Directors of the Parent (the "Board") and the Board of Directors of the Bank (as applicable), and shall undertake such duties as are consistent with such positions and titles. Executive shall also undertake such duties, consistent with Executive's positions such titles and titles..., positions, as may be assigned to him from time to time by the Chairman Board, including serving on committees of the Board of Directors of Parent and the Bank ("Chairman"), including management of Bank personnel who report to the Executive as determined by the Chairman from time to time, serving on Bank committees as required in the Parent's or the Bank's Bylaws bylaws and as appointed from time to time by the Board of Directors of the Bank ("Board") or the Chairman, Board, keeping the Chairman and Board informed of industry and regulatory developments regarding the Parent or the Bank, and coordinating with Bank personnel and third parties to the extent necessary to further the profitability and business strategic plan of the Bank, Parent and assisting in keeping the Bank in compliance with applicable laws and regulations. Bank. In addition, the Chairman Board and/or its Compensation Committee (the "Compensation Committee") shall provide the Executive with annual goals and responsibilities agreed to by the Executive, responsibilities, as outlined in a "performance evaluation," after consulting with the Executive about the goals and responsibilities, and it is the Executive's responsibility to meet or exceed these goals as reasonably determined by the Board and/or its Compensation Committee. The Executive will be based at the Bank's facility currently located in Palm Beach Gardens, Florida, subject to customary travel and business requirements, including the potential need to spend several days per week at one of the Bank's other facilities. While the Executive is employed under this Agreement, the Board shall nominate the Executive as a member of the Board at each annual shareholders' meeting during the Term, including any extension thereof; the Executive shall serve on the Board without additional compensation. In performing duties pursuant to this Agreement, the Executive shall devote his full business time, energy, skill and reasonable best efforts to promote the Parent and the Bank and its their business and affairs; provided that, subject to Sections 10, 12 and 13 of this Agreement, the Executive shall have the right to serve on boards of directors (or equivalent bodies) of commercial entities fully disclosed in writing by the Executive to, and acknowledged in writing by, the Compensation Committee, manage and pursue personal and family interests, and make passive investments in securities, real estate, and other assets, and also to participate in charitable and community activities and organizations, so long as such activities do not adversely affect the performance by the Executive of his duties and obligations to the Parent and/or the Bank and/or Professional Holding Corp, ("Parent") and/or their subsidiaries (collectively, the "Bank Group"). View More
Positions and Duties. During the term of this Agreement, the Executive shall serve as President and Chief Operating Executive Officer of the Bank and Professional Holding Corp, ("Parent") and any subsidiaries (collectively, the "Bank Group") and shall undertake such duties as are consistent with such positions and titles. Executive shall also undertake such duties, consistent with Executive's positions and titles, as may be assigned to him from time to time by the Chairman of the Board of Directors of the Bank and th...e Parent ("Chairman"), including management of Bank Group personnel who report to the Executive as determined by the Chairman from time to time, serving on Bank Group committees as required in the Bank's Bylaws and as appointed from time to time by the Board of Directors of the Bank or Parent ("Board") or the Chairman, keeping the Chairman and Board informed of industry and regulatory developments regarding the Bank, Bank Group, coordinating with Bank Group personnel and third parties to the extent necessary to further the profitability and business of the Bank, Bank Group, and assisting in keeping the Bank Group in compliance with applicable laws and regulations. In addition, the Chairman shall provide the Executive with annual goals and responsibilities agreed to by the Executive, as outlined in a "performance evaluation," and it is the Executive's responsibility to meet or exceed these goals as reasonably determined by the Board and/or its Compensation Committee. In performing duties pursuant to this Agreement, the Executive shall devote his full business time, energy, skill and reasonable best efforts to promote the Bank Group and its business and affairs; provided that, subject to Sections 10, 11, 12 and 13 of this Agreement, the Executive shall have the right to manage and pursue personal and family interests, and make passive investments in securities, real estate, and other assets, and also to participate in charitable and community activities and organizations, so long as such activities do not adversely affect the performance by Executive of his duties and obligations to the Bank and/or Professional Holding Corp, ("Parent") and/or their subsidiaries (collectively, the "Bank Group"). Group. View More
