Positions and Duties Clause Example with 16 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. (a) Effective as of the Effective Date, the Executive will be employed by the Company, on a full-time basis, as President and Chief Executive Officer of the Company and Spinal Elements, Inc, and will serve as a member of the Board of Directors (the "Board") of KAMD Holdings, Inc. ("Parent"); provided, however, that if the Executive ceases to be employed as President and Chief Executive Officer, then the Executive will concurrently resign from the Board unless otherwise agreed in writing by the B...oard and the Executive. In addition, the Executive may be asked from time to time to serve as a director or officer of one or more of the Company's Affiliates, without further compensation. (b) The Executive agrees to perform the duties of his position and such other duties as may reasonably be assigned to the Executive from time to time. The Executive also agrees that, while employed by the Company, he will devote his full business time and reasonable best efforts, as well as his business judgment, skill and knowledge, exclusively to the advancement of the business interests of the Company and its Affiliates and to the discharge of his duties and responsibilities for them. Notwithstanding the foregoing, the Executive may participate in or support civic, charitable and passive personal investment activities or business activities of immediate family members, provided that such activities do not, individually or in the aggregate, (i) interfere with the performance of the Executive's duties and responsibilities under this Agreement or violate this Agreement or any other agreement by and between the Executive and the Company or any of its Affiliates or (ii) in any way relate to the spinal surgical industry. (c) The Executive agrees that, while employed by the Company, the Executive will comply with all Company policies, practices and procedures and all codes of ethics or business conduct applicable to his position, as in effect from time to time.View More
Variations of a "Positions and Duties" Clause from Business Contracts
Positions and Duties. (a) Effective as of the Effective Date, the Executive will be employed by as Executive Vice President, Chief Financial Officer of each of the Company, Companies, on a full-time basis, as President and reporting to the Company's Chief Executive Officer of the Company and Spinal Elements, Inc, and will serve as a member of the Board of Directors (the "Board") of KAMD Holdings, Inc. ("Parent"); provided, however, that if the Executive ceases to be employed as President and Chief Executive Officer, ...then the Executive will concurrently resign from the Board unless otherwise agreed in writing by the Board and the Executive. Officer. In addition, the Executive may be asked from time to time to serve as a director or officer of one or more of Affiliates of the Company's Affiliates, Companies, without further compensation. (b) The Executive agrees to perform the duties of his her position and such other duties consistent with her position as may reasonably be assigned to the Executive from time to time. The Executive also agrees that, while employed by the Company, he Companies, she will devote his her full business time and reasonable her best efforts, as well as his business judgment, skill and knowledge, knowledge exclusively to the advancement of the business interests of the Company Companies and its their Affiliates and to the discharge of his her duties and responsibilities for them. Notwithstanding the foregoing, the Executive may participate in or support civic, charitable and passive personal investment activities or business activities of immediate family members, provided that such activities do not, individually or in the aggregate, (i) interfere with the performance of the Executive's duties and responsibilities under this Agreement or violate this Agreement or any other agreement by and between the Executive and the Company or any of its Affiliates or (ii) in any way relate to the spinal surgical industry. (c) The Executive agrees that, while employed by the Company, the Executive Companies, she will comply with all Company of their policies, practices and procedures and all codes of ethics or business conduct applicable to his her position, as in effect from time to time. time, in each case that have been made available to the Executive or are otherwise known or reasonably should be known by the Executive. View More
Positions and Duties. (a) Effective as of the Effective Date, the Executive will be employed by the Company, on a full-time basis, as President Chief Integration Officer and Chief Executive Officer General Manager-West of the Company and Spinal Elements, Inc, and will serve as a member of the Board of Directors (the "Board") of KAMD Holdings, Inc. ("Parent"); provided, however, that if the Executive ceases to be employed as President and Chief Executive Officer, then the Executive will concurrently resign from the Bo...ard unless otherwise agreed in writing by the Board and the Executive. In addition, the Executive may be asked from time to time to serve as a director or officer of one or more of the Company's Affiliates, without further compensation. (b) The Executive agrees to perform the duties of his position as set forth further in Exhibit A and such other duties as may reasonably be assigned to the Executive from time to time. time, consistent with the Executive's position. The Executive also agrees that, while employed by the Company, he will devote his full business time and reasonable his best efforts, as well as his business judgment, skill and knowledge, knowledge exclusively to the advancement of the business interests of the Company and its Affiliates and to the discharge of his duties and responsibilities for them. Notwithstanding the foregoing, the The Executive may participate in or support civic, charitable and passive personal investment activities or be required to travel out of town from time to time, subject to business activities of immediate family members, needs, provided that he will not be required to engage in such activities do not, individually or in the aggregate, travel for (i) interfere with the performance of the Executive's duties and responsibilities under this Agreement or violate this Agreement or any other agreement by and between the Executive and the Company or any of its Affiliates more than fifteen (15) days per calendar quarter or (ii) in more than four (4) consecutive days for any way relate to the spinal surgical industry. one business trip. (c) The Executive agrees that, while employed by the Company, the Executive will comply with all written Company policies, practices and procedures and all written codes of ethics or business conduct applicable to his position, as in effect from time to time. View More
Positions and Duties. (a) Effective as of the Effective Date, the Executive will be employed by as Executive Vice President, Chief Operating Officer of each of the Company, Companies, on a full-time basis, as President and reporting to the Company's Chief Executive Officer of the Company and Spinal Elements, Inc, and will serve as a member of the Board of Directors (the "Board") of KAMD Holdings, Inc. ("Parent"); provided, however, that if the Executive ceases to be employed as President and Chief Executive Officer, ...then the Executive will concurrently resign from the Board unless otherwise agreed in writing by the Board and the Executive. Officer. In addition, the Executive may be asked from time to time to serve as a director or officer of one or more of Affiliates of the Company's Affiliates, Companies, without further compensation. (b) The Executive agrees to perform the duties of his position and such other duties consistent with his position as may reasonably be assigned to the Executive from time to time. The Executive also agrees that, while employed by the Company, Companies, he will devote his full business time and reasonable his best efforts, as well as his business judgment, skill and knowledge, knowledge exclusively to the advancement of the business interests of the Company Companies and its their Affiliates and to the discharge of his duties and responsibilities for them. Notwithstanding the foregoing, the Executive may participate in or support civic, charitable and passive personal investment activities or business activities of immediate family members, provided that such activities do not, individually or in the aggregate, (i) interfere with the performance of the Executive's duties and responsibilities under this Agreement or violate this Agreement or any other agreement by and between the Executive and the Company or any of its Affiliates or (ii) in any way relate to the spinal surgical industry. (c) The Executive agrees that, while employed by the Company, the Executive Companies, he will comply with all Company of their policies, practices and procedures and all codes of ethics or business conduct applicable to his position, as in effect from time to time. time, in each case that have been made available to the Executive or are otherwise known or reasonably should be known by the Executive. View More
Positions and Duties. (a) Effective as of the Effective Date, July 15, 2019 (the "Effective Date"), the Executive will be employed by the Company, on a full-time basis, as President its Chief Business Officer, reporting initially to the Company's Executive Chairman and thereafter to the Company's Chief Executive Officer of the Company and Spinal Elements, Inc, and Officer. The Executive will serve as be a member of the Board of Directors (the "Board") of KAMD Holdings, Inc. ("Parent"); provided, however, that if Comp...any's Executive Committee. The Executive shall be based at the Executive ceases to be employed as President and Chief Executive Officer, then Company's offices in the Executive will concurrently resign from the Board unless otherwise agreed in writing by the Board and the Executive. greater Boston area. In addition, the Executive may be asked from time to time to serve as a director or officer of one or more of the Company's Affiliates, without further compensation. (b) The Executive agrees to perform the duties of his her position and such other duties as may reasonably be assigned to the Executive from time to time. The Executive also agrees that, while employed by the Company, he she will devote his her full business time and reasonable her best efforts, as well as his effo1is, business judgment, skill and knowledge, knowledge exclusively to the advancement of the business interests of the Company and its Affiliates and to the discharge of his her duties and responsibilities for them. Notwithstanding The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during her employment, except as may be expressly approved in advance by the foregoing, Board of Directors of Cerevel Therapeutics, Inc. ("Parent") (or such other board of directors or managers as may be designated as the operative governing entity of the Company, the "Board") in writing; provided, however, that the Executive may participate in or support civic, the activities set forth on Exhibit A hereto and may without advance consent participate in charitable activities and passive engage in personal investment activities or business activities of immediate family members, provided that activities, in each case to the extent such activities do not, activities, individually or in the aggregate, (i) do not materially interfere with the performance of the Executive's duties and responsibilities under this Agreement Agreement, create a conflict of interest or violate any provision of Section 3 of this Agreement or any other agreement by and between the Executive and the Company or any of its Affiliates or (ii) in any way relate to the spinal surgical industry. Agreement. (c) The Executive agrees that, while employed by the Company, the Executive she will comply with all written Company policies, practices and procedures and all written codes of ethics or business conduct applicable to his her position, as in effect from time to time. View More
Positions and Duties. (a) Effective as of the Effective Date, the Executive will continue to be employed by the Company, on a full-time basis, as President and its Chief Executive Officer of the Company and Spinal Elements, Inc, and will serve as a member of the Board of Directors (the "Board") of KAMD Holdings, Inc. ("Parent"); provided, however, that if the Executive ceases to be employed as President and Chief Executive Officer, then the Executive will concurrently resign from the Board unless otherwise agreed in ...writing by the Board and the Executive. Scientific Officer. In addition, the Executive may be asked will serve from time to time to serve if requested as a director or officer of one or more of the Company's Affiliates, without further compensation. (b) The Executive agrees to perform the duties of his position and such other duties as may reasonably be assigned to the Executive from time to time. The Executive also agrees that, while employed by the Company, he will devote his full business time and reasonable his best efforts, as well as his business judgment, skill and knowledge, knowledge exclusively to the advancement of the business interests of the Company and its Affiliates and to the discharge of his duties and responsibilities for them. Notwithstanding the foregoing, the Executive may participate in or support civic, charitable and passive personal investment activities or business activities of immediate family members, provided that such activities do not, individually or in the aggregate, (i) interfere with the performance of the Executive's duties and responsibilities under this Agreement or violate this Agreement or any other agreement by and between the Executive and the Company or any of its Affiliates or (ii) in any way relate to the spinal surgical industry. (c) The Executive agrees that, while employed by the Company, the Executive he will comply with all Company policies, practices and procedures and all codes of ethics or business conduct applicable to his position, as in effect from time to time. View More
Positions and Duties. (a) Effective as of the Effective Date, April 8, 2019 (the "Effective Date"), the Executive will be employed by the Company, on a full-time basis, as President and its Chief Scientific Officer. The Executive Officer of the Company and Spinal Elements, Inc, and will serve as be a member of the Board of Directors (the "Board") of KAMD Holdings, Inc. ("Parent"); provided, however, that if Company's Executive Committee. The Executive shall be based at the Executive ceases to be employed as President... and Chief Executive Officer, then Company's offices in the Executive will concurrently resign from the Board unless otherwise agreed in writing by the Board and the Executive. greater Boston area. In addition, the Executive may be asked from time to time to serve as a director or officer of one or more of the Company's Affiliates, without further compensation. (b) The Executive agrees to perform the duties of his position and such other duties as may reasonably be assigned to the Executive from time to time. The Executive also agrees that, while employed by the Company, he will devote his full business time and reasonable his best efforts, as well as his business judgment, skill and knowledge, knowledge exclusively to the advancement of the business interests of the Company and its Affiliates and to the discharge of his duties and responsibilities for them. Notwithstanding The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during his employment, except as may be expressly approved in advance by the foregoing, Board of Directors of Cerevel Therapeutics, Inc. ("Parent") (or such other board of directors or managers as may be designated as the operative governing entity of the Company, the "Board") in writing; provided, however, that the Executive may participate in or support civic, the activities set forth on Exhibit A hereto and may without advance consent participate in charitable activities and passive engage in personal investment activities or business activities of immediate family members, provided that activities, in each case to the extent such activities do not, activities, individually or in the aggregate, (i) do not materially interfere with the performance of the Executive's duties and responsibilities under this Agreement Agreement, create a conflict of interest or violate any provision of Section 3 of this Agreement or any other agreement by and between the Executive and the Company or any of its Affiliates or (ii) in any way relate to the spinal surgical industry. Agreement. (c) The Executive agrees that, while employed by the Company, the Executive he will comply with all written Company policies, practices and procedures and all written codes of ethics or business conduct applicable to his position, as in effect from time to time. View More
Positions and Duties. (a) Effective as of the Effective Date, January 14, 2019 (the "Effective Date"), the Executive will be employed by the Company, on a full-time basis, as President its Chief Medical Officer, reporting initially to the Company's Executive Chairman and thereafter to either the Company's Chief Executive Officer or Head of the Company Research and Spinal Elements, Inc, and Development. The Executive will serve as be a member of the Board of Directors (the "Board") of KAMD Holdings, Inc. ("Parent"); p...rovided, however, that if Company's Executive Committee. The Executive shall be based at the Executive ceases to be employed as President and Chief Executive Officer, then Company's offices in the Executive will concurrently resign from the Board unless otherwise agreed in writing by the Board and the Executive. greater Boston area. In addition, the Executive may be asked from time to time to serve as a director or officer of one or more of the Company's Affiliates, without further compensation. (b) The Executive agrees to perform the duties of his position and such other duties as may reasonably be assigned to the Executive from time to time. The Executive also agrees that, while employed by the Company, he will devote his full business time and reasonable his best efforts, as well as his business judgment, skill and knowledge, knowledge exclusively to the advancement of the business interests of the Company and its Affiliates and to the discharge of his duties and responsibilities for them. Notwithstanding The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during his employment, except as may be expressly approved in advance by the foregoing, Board of Directors of Cerevel Therapeutics, Inc. ("Parent") (or such other board of directors or managers as may be designated as the operative governing entity of the Company, the "Board") in writing; provided, however, that the Executive may participate in or support civic, the activities set forth on Exhibit A hereto and may without advance consent participate in charitable activities and passive engage in personal investment activities or business activities of immediate family members, provided that activities, in each case to the extent such activities do not, activities, individually or in the aggregate, (i) do not materially interfere with the performance of the Executive's duties and responsibilities under this Agreement Agreement, create a conflict of interest or violate any provision of Section 3 of this Agreement or any other agreement by and between the Executive and the Company or any of its Affiliates or (ii) in any way relate to the spinal surgical industry. Agreement. (c) The Executive agrees that, while employed by the Company, the Executive he will comply with all written Company policies, practices and procedures and all written codes of ethics or business conduct applicable to his position, as in effect from time to time. View More
Positions and Duties. (a) Effective as of the Effective Date, the Executive will be employed by as Chief Executive Officer and President of each of the Company, Companies, on a full-time basis, reporting to the Board of Directors of Parent (the "Board"). For so long as President and the Executive serves as the Chief Executive Officer and President of the Company and Spinal Elements, Inc, and Companies, Parent will nominate the Executive to serve as a member of the Board of Directors (the "Board") of KAMD Holdings, In...c. ("Parent"); and the Executive will so serve if elected; provided, however, that if the Executive ceases to be employed as President and Chief Executive Officer, Officer of the Companies, then the Executive will be deemed to have concurrently resign voluntarily resigned from the Board unless otherwise agreed in writing by the Board and the Executive. Board. In addition, the Executive may be asked from time to time to serve as a director or officer of one or more of Affiliates of the Company's Affiliates, Companies, without further compensation. (b) The Executive agrees to perform the duties of his position and such other duties consistent with his position as may reasonably be assigned to the Executive from time to time. The Executive also agrees that, while employed by the Company, Companies, he will devote his full business time and reasonable his best efforts, as well as his business judgment, skill and knowledge, knowledge exclusively to the advancement of the business interests of the Company Companies and its their Affiliates and to the discharge of his duties and responsibilities for them. Notwithstanding the foregoing, them; provided, however, that the Executive may participate will be permitted to continue to operate the vineyard that he owns as of the Effective Date, with substantially the same time commitment and in or support civic, charitable and passive personal investment activities or business activities substantially the same capacity in effect as of immediate family members, provided that the Effective Date, so long as such activities do not, individually or in the aggregate, (i) not interfere with the performance of the Executive's duties and responsibilities under this Agreement hereunder or violate Section 3 of this Agreement or any other agreement by and between the Executive and the Company or any of its Affiliates or (ii) in any way relate to the spinal surgical industry. Agreement. (c) The Executive agrees that, while employed by the Company, the Executive Companies, he will comply with all Company of their policies, practices and procedures and all codes of ethics or business conduct applicable to his position, as in effect from time to time. time, in each case that have been made available to the Executive or are otherwise known or reasonably should be known by the Executive. View More
Positions and Duties. (a) Effective as of the Effective Date, July 13, 2020 (the "Effective Date"), the Executive will be employed by the Company, on a full-time basis, as President and its Chief Corporate Affairs Officer, reporting to the Company's Chief Executive Officer of the Company and Spinal Elements, Inc, and Officer. The Executive will serve as be a member of the Board of Directors (the "Board") of KAMD Holdings, Inc. ("Parent"); provided, however, that if Company's Executive Committee. The Executive shall b...e eligible to work remotely but travel to the Executive ceases to Boston area may be employed required as President and Chief Executive Officer, then the Executive will concurrently resign from the Board unless otherwise agreed in writing by the Board and the Executive. business needs arise. In addition, the Executive may be asked from time to time to serve as a director or officer of one or more of the Company's Affiliates, without further compensation. compensation (b) The Executive agrees to perform the duties of his the Executive's position and such other duties as may reasonably be assigned to the Executive from time to time. The Executive also agrees that, while employed by the Company, he the Executive will devote his the Executive's full business time and reasonable best efforts, as well as his business judgment, skill and knowledge, knowledge exclusively to the advancement of the business interests of the Company and its Affiliates and to the discharge of his the Executive's duties and responsibilities for them. Notwithstanding The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the foregoing, Executive's employment, except as may be expressly approved in advance by the Board of Directors of Cerevel Therapeutics, Inc.("Parent") (or such other board of directors or managers as may be designated as the operative governing entity of the Company, the ("Board") in writing; provided, however, that the Executive may participate in or support civic, the activities set forth on Exhibit A hereto and may without advance consent participate in charitable activities and passive engage in personal investment activities or business activities of immediate family members, provided that activities, in each case to the extent such activities do not, activities, individually or in the aggregate, (i) do not materially interfere with the performance of the Executive's duties and responsibilities under this Agreement, create a conflict of interest or violate any provision of Section 3 of this Agreement or violate this the Restrictive Covenant Agreement or any other agreement by and between the Executive and the Company or any of its Affiliates or (ii) in any way relate to the spinal surgical industry. (as defined below). (c) The Executive agrees that, while employed by the Company, the Executive will comply with all written Company policies, practices and procedures and all written codes of ethics or business conduct applicable to his the Executive's position, as in effect from time to time. View More
Positions and Duties. (a) Effective as of the Effective Date, December 2, 2019 (the "Effective Date"), the Executive will be employed by the Company, on a full-time basis, as President and its Chief Legal Officer, reporting to the Company's Chief Executive Officer of the Company and Spinal Elements, Inc, and Officer. The Executive will serve as be a member of the Board of Directors (the "Board") of KAMD Holdings, Inc. ("Parent"); provided, however, that if Company's Executive Committee. The Executive shall be based a...t the Executive ceases to be employed as President and Chief Executive Officer, then Company's offices in the Executive will concurrently resign from the Board unless otherwise agreed in writing by the Board and the Executive. greater Boston area. In addition, the Executive may be asked from time to time to serve as a director or officer of one or more of the Company's Affiliates, without further compensation. (b) The Executive agrees to perform the duties of his the Executive's position and such other duties as may reasonably be assigned to the Executive from time to time. The Executive also agrees that, while employed by the Company, he the Executive will devote his the Executive's full business time and reasonable the Executive's best efforts, as well as his business judgment, skill and knowledge, knowledge exclusively to the advancement of the business interests of the Company and its Affiliates and to the discharge of his the Executive's duties and responsibilities for them. Notwithstanding The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the foregoing, Executive's employment, except as may be expressly approved in advance by the Board of Directors of Cerevel Therapeutics, Inc. ("Parent") (or such other board of directors or managers as may be designated as the operative governing entity of the Company, the " Board") in writing; provided, however, that the Executive may participate in or support civic, the activities set forth on Exhibit A hereto and may without advance consent participate in charitable activities (including, but not limited to, continued service on the Board of Trustees of the Science Museum of Minnesota through Executive's present term) and passive engage in personal investment activities or business activities of immediate family members, provided that activities, in each case to the extent such activities do not, activities, individually or in the aggregate, (i) do not materially interfere with the performance of the Executive's duties and responsibilities under this Agreement, create a conflict of interest or violate any provision of Section 3 of this Agreement or violate this the Restrictive Covenant Agreement or any other agreement by and between the Executive and the Company or any of its Affiliates or (ii) in any way relate to the spinal surgical industry. (as defined below). (c) The Executive agrees that, while employed by the Company, the Executive will comply with all written Company policies, practices and procedures and all written codes of ethics or business conduct applicable to his the Executive's position, as in effect from time to time. View More
