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. (a) During the Employment Period, Executive shall serve as the Executive Vice President and Chief Financial Officer, reporting to the Chief Executive Officer. Executive shall have such responsibilities, duties and authorities, and will render such services for the Company and its Subsidiaries or Affiliates as the Board of Directors of the Company (the "Board") may from time to time direct that are reasonably consistent with Executive's position. Executive will devote his best efforts, energies a...nd abilities and his full business time, skill and attention to the business and affairs of the Company and its Subsidiaries, and shall perform his duties and responsibilities to the best of his ability, in a diligent, trustworthy, businesslike and efficient manner for the purpose of advancing the businesses of Company and its Subsidiaries. Executive acknowledges that his duties and responsibilities will require his full time business efforts and agrees that during the Employment Period he will not engage in any other business activity or have any business pursuits that interfere with Executive's duties and responsibilities under this Agreement or are competitive with the businesses of the Company. Notwithstanding the foregoing, Executive shall be permitted to devote a reasonable amount of time and effort to (i) providing service to, or serving on governing boards of, civic and charitable organizations, and (ii) personally investing and managing personal and family investments in real estate and in any corporation, partnership or other entity; but in each case, only to the extent that any of the activities described in clauses (i) or (ii), individually or as a whole, do not (A) require or involve the active participation of Executive in the management of any corporation, partnership or other entity or interfere with the execution of Executive's duties hereunder, or (B) otherwise violate any provision of this Agreement. (b) For purposes of this Agreement, (i) "Subsidiaries" means any corporation or other entity (A) of which the securities or other ownership interests having the voting power to elect a majority of the board of directors or other governing body are, at the time of determination, owned by the Company, directly or through one or more subsidiaries or (B) to which the Company or any of its Affiliates provide management services, and (ii) "Affiliate" of an entity means any other person or entity, directly or indirectly controlling, controlled by or under common control with an entity.View More
Variations of a "Positions and Duties" Clause from Business Contracts
Positions and Duties. (a) During the Employment Period, Executive shall serve as the Executive Vice President and Chief Financial Officer, Officer of the Company, reporting to the Chief Executive Officer. Executive shall have such responsibilities, duties Officer of the Company, and authorities, and will render such services for subject to the Company and its Subsidiaries or Affiliates as power of the Board of Directors of the Company (the "Board") may from time "Board) or officers of the Company assigned by the Boar...d to time direct that are expand or limit Executive's duties, responsibilities, functions and authority in a manner reasonably consistent with Executive's position. title. Executive will devote his acknowledges and agrees that he owes a fiduciary duty of loyalty, fidelity and allegiance to act at all times in the best efforts, energies and abilities and his full business time, skill and attention to the business and affairs interests of the Company and its Subsidiaries, Subsidiaries and Affiliates and to do no act which would, directly or indirectly, injure the Company's (and its Subsidiaries' and Affiliates') business, interests or reputation. In addition, (i) Executive will use his best efforts to promote the interests, prospects and condition (financial and otherwise) and welfare of the Company and its Subsidiaries and Affiliates and shall perform his duties and responsibilities to the best of his ability, ability in a diligent, trustworthy, businesslike and efficient manner for and (ii) Executive shall comply at all times with all lawful policies and codes of conduct of the purpose of advancing the businesses of Company and its Subsidiaries. Subsidiaries and Affiliates, as such policies and codes may change from time to time, that are provided to Executive acknowledges that in writing (or as set forth in the employee handbook). (b) During the Employment Period, Executive shall report to the CEO and shall devote his duties best efforts and responsibilities will require his full business time and attention (except for permitted vacation periods and reasonable periods of illness or other incapacity) to the business efforts and agrees that during affairs of the Employment Period he will Company and its Subsidiaries and Affiliates. Executive may serve on the board of directors (or its equivalent) of noncompetitive, religious, civic or charitable entities without the prior written approval of the Board so long as such service is not engage in any other business activity disruptive, or have any business pursuits that does not interfere with Executive's duties and responsibilities under this Agreement obligations hereunder, to the business of the Company or are competitive with its Subsidiaries or Affiliates. Executive shall, if so requested by the businesses Company, also serve without additional compensation, as an officer, director or manager of any Subsidiary or Affiliate of the Company. Notwithstanding (c) During the foregoing, Employment Period, Executive shall will be permitted located within commuting distance from the Company's office in Denver, Colorado (or other Company office as agreed), subject to devote a reasonable amount travel on business of time and effort to (i) providing service to, or serving on governing boards of, civic and charitable organizations, and (ii) personally investing and managing personal and family investments in real estate and in any corporation, partnership or other entity; but in each case, only the Company to the extent that any of reasonably required by the activities described Company in clauses (i) or (ii), individually or as a whole, do not (A) require or involve the active participation of Executive in the management of any corporation, partnership or other entity or interfere with the execution of order to perform Executive's duties hereunder, or (B) otherwise violate any provision of to the Company under this Agreement. (b) Agreement, which shall include periodic travel to the Company's New York headquarters. (d) For purposes of this Agreement, (i) "Subsidiaries" means "Subsidiary" means, to the extent applicable from time to time, any corporation or other entity (A) of which the securities or other ownership interests having the voting power to elect a majority of the board of directors or other governing body are, at the time of determination, owned by the Company, directly or through one or more subsidiaries or (B) to which the Company or any of its Affiliates provide management services, and (ii) "Affiliate" of an entity means any other person or entity, directly or indirectly controlling, controlled by or under common control with an entity. View More
Positions and Duties. (a) During the Employment Period, Executive shall serve as the Executive Vice President Managing Partner and Chief Financial Officer, Legal Officer of the Company, reporting to the Chief Executive Officer. Executive shall have such responsibilities, duties Board of Directors of the Company, and authorities, and will render such services for subject to the Company and its Subsidiaries or Affiliates as power of the Board of Directors of the Company (the "Board") may from time "Board) or officers o...f the Company assigned by the Board to time direct that are reasonably expand or limit Executive's duties, responsibilities, functions and authority in a manner reasonable consistent with Executive's position. title. Executive will devote his acknowledges and agrees that he owes a fiduciary duty of loyalty, fidelity and allegiance to act at all times in the best efforts, energies and abilities and his full business time, skill and attention to the business and affairs interests of the Company and its Subsidiaries, Subsidiaries and Affiliates and to do no act which would, directly or indirectly, injure the Company's (and its Subsidiaries' and Affiliates') business, interests or reputation. In addition, (i) Executive will use his best efforts to promote the interests, prospects and condition (financial and otherwise) and welfare of the Company and its Subsidiaries and Affiliates and shall perform his duties and responsibilities to the best of his ability, ability in a diligent, trustworthy, businesslike and efficient manner for and (ii) Executive shall comply at all times with all lawful policies and codes of conduct of the purpose of advancing the businesses of Company and its Subsidiaries. Subsidiaries and Affiliates, as such policies and codes may change from time to time, that are provided to Executive acknowledges that in writing (or as set forth in the employee handbook). (b) During the Employment Period, Executive shall report to the Board and shall devote his duties best efforts and responsibilities will require his full business time and attention (except for permitted vacation periods and reasonable periods of illness or other incapacity) to the business efforts and agrees that during affairs of the Employment Period he will Company and its Subsidiaries and Affiliates. Executive may serve on the board of directors (or its equivalent) of noncompetitive, religious, civic or charitable entities without the prior written approval of the Board so long as such service is not engage in any other business activity disruptive, or have any business pursuits that does not interfere with Executive's duties and responsibilities under this Agreement obligations hereunder, to the business of the Company or are competitive with its Subsidiaries or Affiliates. Executive shall, if so requested by the businesses Company, also serve without additional compensation, as an officer, director or manager of any Subsidiary or Affiliate of the Company. Notwithstanding (c) During the foregoing, Employment Period, Executive shall be permitted to devote a reasonable amount will travel on business of time and effort to (i) providing service to, or serving on governing boards of, civic and charitable organizations, and (ii) personally investing and managing personal and family investments in real estate and in any corporation, partnership or other entity; but in each case, only the Company to the extent that any of reasonably required by the activities described Company in clauses (i) or (ii), individually or as a whole, do not (A) require or involve the active participation of Executive in the management of any corporation, partnership or other entity or interfere with the execution of order to perform Executive's duties hereunder, or (B) otherwise violate any provision of to the Company under this Agreement. (b) (d) For purposes of this Agreement, (i) "Subsidiaries" means "Subsidiary" means, to the extent applicable from time to time, any corporation or other entity (A) of which the securities or other ownership interests having the voting power to elect a majority of the board of directors or other governing body are, at the time of determination, owned by the Company, directly or through one or more subsidiaries or (B) to which the Company or any of its Affiliates provide management services, and (ii) "Affiliate" of an entity means any other person or entity, directly or indirectly controlling, controlled by or under common control with an entity. View More
Positions and Duties. (a) During the Employment Period, Executive shall serve as the Chief Executive Vice President Officer of Parent and Chief Financial Officer, of Partners reporting to the Chief Executive Officer. Executive shall have such responsibilities, duties and authorities, and will render such services for the Company and its Subsidiaries or Affiliates as the Board of Directors of the Company Parent (the "Board") may from time to time direct that are reasonably consistent with Executive's position. Executi...ve will "Board"), and shall devote his best efforts, energies and abilities efforts and his full business time, skill time and attention (except for permitted vacation periods and reasonable periods of illness or other incapacity) to the business and affairs of the Company and its Subsidiaries, and shall perform his duties and responsibilities to the best of his ability, in a diligent, trustworthy, businesslike and efficient manner for the purpose of advancing the businesses of Company and its Subsidiaries. Executive acknowledges that his duties and responsibilities will require his full time business efforts and agrees that during the Employment Period he will not engage in any other business activity or have any business pursuits that interfere with Executive's duties and responsibilities under this Agreement or are competitive with the businesses of the Company. Notwithstanding the foregoing, Executive shall be permitted to devote a reasonable amount serve on boards of time directors and effort to (i) providing service to, or serving on governing boards of, in other capacities for professional, civic and charitable organizations, organizations with the consent of the Board, which consent will not be unreasonably withheld, but which consent may be withheld if such activities interfere with Executive's duties and (ii) personally investing and managing personal and family investments in real estate and responsibilities hereunder in any corporation, partnership or other entity; but in each case, only material respect. Executive shall perform his duties, responsibilities and functions to the extent that Company and its Subsidiaries hereunder to the best of his abilities in a diligent, trustworthy, businesslike and efficient manner. Executive shall, if so requested by the Company, also serve without additional compensation, as an officer, director or manager of any Subsidiary of the activities described in clauses (i) or (ii), individually or as a whole, do not (A) require or involve the active participation of Executive in the management of any corporation, partnership or other entity or interfere with the execution of Executive's duties hereunder, or (B) otherwise violate any provision of this Agreement. Company. (b) For purposes of this Agreement, (i) "Subsidiaries" means any corporation or other entity (A) of which the securities or other ownership interests having the voting power to elect a majority of the board of directors or other governing body are, at the time of determination, owned by the Company, directly or through one or more subsidiaries or (B) to which the Company or any of its Affiliates provide management services, Subsidiaries, and (ii) "Affiliate" of an entity means any other person or entity, directly or indirectly controlling, controlled by or under common control with an entity. View More
Positions and Duties. (a) During the Employment Period, Executive shall serve as the Executive Vice President and Chief Financial Officer, Officer of Parent and of Symbion reporting to the Chief Executive Officer. Executive shall have such responsibilities, duties and authorities, and will render such services for the Company and its Subsidiaries or Affiliates as the Board of Directors of the Company Parent (the "Board") may from time to time direct that are reasonably consistent with Executive's position. direct. Ex...ecutive will devote his her best efforts, energies and abilities and his her full business time, skill and attention to the business and affairs of the Company and its Subsidiaries, and shall perform his her duties and responsibilities to the best of his her ability, in a diligent, trustworthy, businesslike and efficient manner for the purpose of advancing the businesses of Company and its Subsidiaries. Executive acknowledges that his her duties and responsibilities will require his her full time business efforts and agrees that during the Employment Period he she will not engage in any other business activity or have any business pursuits that interfere with Executive's duties and responsibilities under this Agreement or are competitive with the businesses of the Company. Notwithstanding the foregoing, Executive shall be permitted to devote a reasonable amount of time and effort to (i) providing service to, or serving on governing boards of, civic and charitable organizations, and (ii) personally investing and managing personal and family investments in real estate and in any corporation, partnership or other entity; but in each case, only to the extent that any of the activities described in clauses (i) or (ii), individually or as a whole, do not (A) require or involve the active participation of Executive in the management of any corporation, partnership or other entity or interfere with the execution of Executive's duties hereunder, or (B) otherwise violate any provision of this Agreement. (b) For purposes of this Agreement, (i) "Subsidiaries" means any corporation or other entity (A) of which the securities or other ownership interests having the voting power to elect a majority of the board of directors or other governing body are, at the time of determination, owned by the Company, Parent or Symbion, directly or through one or more subsidiaries or (B) to which the Company Parent, Symbion, or any of its their Affiliates provide management services, and (ii) "Affiliate" of an entity means any other person or entity, directly or indirectly controlling, controlled by or under common control with an entity. View More
Positions and Duties. (a) During (a)During the Employment Period, Executive shall serve as the Executive Vice Group President and Chief Financial Officer, of the Parent reporting to the Chief Executive Officer. CEO or COO. Executive shall have such responsibilities, duties and authorities, and will render such services for the Company and its Subsidiaries or Affiliates as the Board of Directors (the "Board") (or any designated officer of the Board or the Company (the "Board") or Parent), may from time to time direct ...that are reasonably consistent with Executive's position. direct. Executive will devote his best efforts, energies and abilities and his full business time, skill and attention to the business and affairs of the Company and its Subsidiaries, and shall perform his duties and responsibilities to the best of his ability, in a diligent, trustworthy, businesslike and efficient manner for the purpose of advancing the businesses of Company and its Subsidiaries. Executive acknowledges that his duties and responsibilities will require his full time business efforts and agrees that during the Employment Period he will not engage in any other business activity or have any business pursuits that interfere interferes with Executive's duties and responsibilities under this Agreement or are competitive with the businesses of the Company. Notwithstanding the foregoing, Executive shall be permitted to devote a reasonable amount of time and effort to (i) providing service to, or serving on governing boards of, civic and charitable organizations, and (ii) personally investing and managing personal and family investments in real estate and in any corporation, partnership or other entity; but in each case, only to the extent that any of the activities described in clauses (i) or (ii), individually or as a whole, do not (A) require or involve the active participation of Executive in the management of any corporation, partnership or other entity or interfere with the execution of Executive's duties hereunder, or (B) otherwise violate any provision of this Agreement. (b) For (b)For purposes of this Agreement, (i) "Subsidiaries" means any corporation or other entity (A) of which either (a) the securities or other ownership interests having the voting power to elect a majority of the board of directors or other governing body are, at the time of determination, owned by the Company, Symbion Holdings or Parent, directly or through one or more subsidiaries or (B) (b) to which the Company Company, Symbion Holdings or Parent, or any of its their Affiliates provide management services, services to, and (ii) "Affiliate" of an entity means any other person or entity, directly or indirectly controlling, controlled by or under common control with an entity. View More
