Positions and Duties Contract Clauses (1,756)

Grouped Into 179 Collections of Similar Clauses From Business Contracts

This page contains Positions and Duties clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Positions and Duties. The Company shall employ Executive as its Chief Executive Officer. At all times during the Term, Executive shall report to the Board. During the Term, (a) Executive shall have the duties, powers, and authority as are commensurate with Executive's position with the Company; (b) Executive shall report only to the Board; and (c) all employees of the Company shall report to Executive or Executive's designee(s). Executive's primary office for the Company shall be located in California, in an office p...rovided by the Company or as otherwise agreed between the Parties, unless Executive agrees to an alternative location in writing. View More
Positions and Duties. The Company shall employ Executive as its Chief Executive Officer. At all times during the Term, Executive shall report only to the Board. Board of Directors of the Company (the "Board"). During the Term, (a) Executive shall have the duties, powers, and authority as are commensurate with Executive's position with the Company; (b) Executive shall report only to the Board; and (c) all employees of the Company shall report to Executive or Executive's designee(s). Executive's primary office for the ...Company shall be located in California, in an office provided by the Company or as otherwise agreed between the Parties, Arizona, unless Executive agrees to an alternative location in writing. At all times during the Term, the Executive shall maintain a seat on the Board. View More
Positions and Duties. The Company shall employ Executive as its Chief Executive Officer. Chairman. At all times during the Term, Executive shall report to the Board. During the Term, (a) Executive shall have the duties, powers, and authority as are commensurate with Executive's position with the Company; (b) Company, and Executive shall report only to the Board; and (c) all employees of the Company shall report to Company's Chief Executive or Executive's designee(s). Officer. Executive's primary office for the Compan...y shall be located in California, in an office provided by the Company or as otherwise agreed between the Parties, unless Executive agrees to an alternative location in writing. View More
Positions and Duties. The Company shall employ engage as an independent contractor, and then employ, Executive as its Chief Executive Officer. Financial Officer and Secretary in accordance with the terms of this Employment Agreement. At all times during the Term, Executive shall report to the Board. Company's Chief Executive Officer. During the Term, (a) Executive shall have the duties, powers, and authority as are commensurate with Executive's position with the Company; and (b) Executive shall report only to the Boa...rd; and (c) all employees of the Company shall report to Company's Chief Executive or Executive's designee(s). Officer. Executive's primary office for the Company shall be located in California, in an office provided by the Company at Executive's home office, or as otherwise agreed between the Parties, unless Executive agrees to an alternative location in writing. View More
View Variations
Positions and Duties. During the Employment Period, Executive will serve as Executive Chairman and will report to the Company's Board of Directors (the "Board"). Executive will have those powers and duties normally associated with the position of Executive Chairman and such other powers and duties as may be prescribed by or at the direction of the Board. Executive will devote substantially all of Executive's working time, business attention and energies (other than absences due to illness or vacation) to the performa...nce of Executive's duties for the Company. Without the consent of the Board, during the Employment Period, Executive will not serve on the board of directors, trustees or any similar governing body of any for-profit entity. Notwithstanding the above, Executive will be permitted, to the extent such activities do not interfere with the performance by Executive of his duties and responsibilities hereunder or violate Section 10 of this Agreement, to (i) manage Executive's (and his immediate family's) personal, financial and legal affairs, and (ii) serve, with the prior approval of the Board, on civic or charitable boards or committees (it being expressly understood and agreed that Executive's continuing to serve on the civic or charitable boards or committees on which Executive is serving, or with which Executive is otherwise associated, as of the Effective Date (each of which has been disclosed to the Company on a list provided to the Company by Executive coincident with the execution of this Agreement), will be deemed not to interfere with the performance by Executive of his duties and responsibilities under this Agreement). View More
Positions and Duties. During the Employment Period, Executive will serve as Executive Chairman General Counsel and Chief Legal Officer and will report both to the Company's Board of Directors (the "Board"). Executive Chairman ("Executive Chairman") and its Chief Executive Officer ("CEO"). Executive will have those powers and duties normally associated with the position of Executive Chairman General Counsel and Chief Legal Officer and such other powers and duties as may be prescribed by or at the direction of the Boar...d. Executive Chairman or the CEO. Executive will devote substantially all of Executive's working time, business attention and energies (other than absences due to illness or vacation) to the performance of Executive's duties for the Company. Without the consent of the Board, Company's Board of Directors (the "Board"), during the Employment Period, Executive will not serve on the board of directors, trustees or any similar governing body of any for-profit entity. Notwithstanding the above, Executive will be permitted, to the extent such activities do not interfere with the performance by Executive of his duties and responsibilities hereunder or violate Section 10 of this Agreement, to (i) manage Executive's (and his immediate family's) personal, financial and legal affairs, and (ii) serve, with the prior approval of the Board, on civic or charitable boards or committees (it being expressly understood and agreed that Executive's continuing to serve on the civic or charitable boards or committees on which Executive is serving, or with which Executive is otherwise associated, as of the Effective Date (each of which has been disclosed to the Company on a list provided to the Company by Executive coincident with the execution of this Agreement), will be deemed not to interfere with the performance by Executive of his duties and responsibilities under this Agreement). View More
Positions and Duties. During the Employment Period, Executive will serve as Executive Chairman Vice President and Chief Financial Officer of the Company and will report to the Company's Board of Directors (the "Board"). Chief Executive Officer. Executive will have those powers and duties normally associated with the position of Executive Chairman Vice President and Chief Financial Officer and such other powers and duties as may be prescribed by or at the direction of the Board. Chief Executive Officer or the board of... directors of the Company (the "Board"), provided that such other powers and duties are consistent with Executive's position as Executive Vice President and Chief Financial Officer of the Company. Executive will devote substantially all of Executive's his working time, business attention and energies during normal business hours (other than absences due to illness or vacation) to the performance of Executive's his duties for the Company. Company and its affiliates. Without the consent of the Board, during the Employment Period, Executive will not serve on the board of directors, trustees or any similar governing body of any for-profit entity. entity (with the exception of any entity which has been disclosed to the Company on a list provided to the Company by the Executive coincident with the execution of this Agreement). Notwithstanding the above, Executive will be permitted, to the extent such activities do not substantially interfere with the performance by Executive of his duties and responsibilities hereunder or violate Section 10 11(a), (b) or (c) of this Agreement, to (i) manage Executive's (and his immediate family's) personal, financial and legal affairs, and (ii) serve, with the prior approval of the Board, serve on civic or charitable boards or committees (it being expressly understood and agreed that Executive's continuing to serve on the civic or charitable boards or board and/or committees on which Executive is serving, or with which Executive is otherwise associated, as of the Effective Date (each of which has been disclosed to the Company on a list provided to the Company by the Executive coincident with the execution of this Agreement), will be deemed not to interfere with the performance by Executive of his duties and responsibilities under this Agreement). View More
Positions and Duties. During the Employment Period, Executive will serve as Executive Chairman Chief Financial Officer of the Company and will report to the Company's Board of Directors (the "Board"). Chief Executive Officer. Executive will have those powers and duties normally associated with the position of Executive Chairman Chief Financial Officer and such other powers and duties as may be reasonably prescribed by or at the direction of the Board. Chief Executive Officer or the board of trustees of the Company (t...he "Board"), provided that such other powers and duties are consistent with Executive's position as Chief Financial Officer of the Company. Executive will devote substantially all of Executive's his working time, business attention and energies during normal business hours (other than absences due to illness or vacation) to the performance of Executive's his duties for the Company. Company and its affiliates. Without the consent of the Board, during the Employment Period, Executive will not serve on the board of directors, trustees or any similar governing body of more than one for-profit entity (with the exception of any for-profit entity. entity which has been disclosed to the Company on a list provided to the Company by Executive coincident with the execution of this Agreement). Notwithstanding the above, Executive will be permitted, to the extent such activities do not substantially interfere with the performance by Executive of his duties and responsibilities hereunder or violate Section 10 11(a), (b) or (c) of this Agreement, to (i) manage Executive's (and his immediate family's) personal, financial and legal affairs, and (ii) serve, with the prior approval of the Board, serve on civic or charitable boards or committees (it being expressly understood and agreed that Executive's continuing to serve on the civic or charitable boards or board and/or committees on which Executive is serving, or with which Executive is otherwise associated, as of the Effective Date (each of which has been disclosed to the Company on a list provided to the Company by Executive coincident with the execution of this Agreement), will be deemed not to interfere with the performance by Executive of his duties and responsibilities under this Agreement). View More
View Variations
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
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
View Variations
Positions and Duties. (a) During the Employment Term, the Executive's position (including status, offices, titles and reporting requirements), duties, functions, responsibilities and authority shall be at least commensurate in all material respects with the most significant of those held or exercised by or assigned to the Executive in respect of the Company or any Affiliate immediately preceding the Effective Date. (b) During the Employment Term, the Executive shall devote the Executive's full time, skill and attenti...on, and the Executive's reasonable best efforts, during normal business hours to the business and affairs of the Company, and in furtherance of the business and affairs of its Affiliates, to the extent necessary to discharge faithfully and efficiently the duties and responsibilities delegated and assigned to the Executive herein or pursuant hereto, except for usual, ordinary and customary periods of vacation and absence due to illness or other disability; provided, however, that the Executive may (i) serve on industry-related, civic or charitable boards or committees, (ii) with the approval of the Board, serve on corporate boards or committees, (iii) deliver lectures, fulfill speaking engagements or teach at educational institutions, and (iv) manage the Executive's personal investments, so long as such activities do not significantly interfere with the performance and fulfillment of the Executive's duties and responsibilities as an employee of the Company or an Affiliate in accordance with this Agreement and, in the case of the activities described in clause (ii) of this proviso, will not, in the good faith judgment of the Board, constitute an actual or potential conflict of interest with the business of the Company or an Affiliate. It is understood and agreed that, to the extent that any such activities have been conducted by the Executive during the term of the Executive's employment by the Company or its Affiliates prior to the Effective Date consistent with the provisions of this Paragraph 3(b), the continued conduct of such activities (or of activities similar in nature and scope thereto) subsequent to the Effective Date shall not thereafter be deemed to interfere with the performance and fulfillment of the Executive's duties and responsibilities to the Company and its Affiliates. (c) In connection with the Executive's employment hereunder, the Executive shall be based at the location where the Executive was regularly employed immediately prior to the Effective Date or any office which is the headquarters of the Company and is less than 50 miles from such location, subject, however, to required travel for the business of the Company and its Affiliates to the extent substantially consistent with the Executive's business travel obligations during the three-year period immediately preceding the Effective Date. -2- (d) All services that the Executive may render to the Company or any of its Affiliates in any capacity during the Employment Term shall be deemed to be services required by this Agreement and consideration for the compensation provided for herein. View More
Positions and Duties. (a) During the Employment Term, the Executive's Executive shall serve in the position (including status, offices, titles of Vice President and reporting requirements), Chief Financial Officer of the Company and shall have such duties, functions, responsibilities and authority commensurate with such position. The Executive shall be at least commensurate in all material respects with the most significant of those held or exercised by or assigned report directly to the President and Chief Executive... in respect Officer of the Company or any Affiliate immediately preceding the Effective Date. Company. (b) During the Employment Term, the Executive shall devote the Executive's full time, skill and attention, and the Executive's reasonable best efforts, during normal business hours efforts to the business and affairs of the Company, and in furtherance of the business and affairs of its Affiliates, to the extent necessary to discharge faithfully and efficiently the duties and responsibilities delegated and assigned to the Executive herein or pursuant hereto, except for usual, ordinary and customary periods of vacation and absence due to illness or other disability; provided, however, that the Executive may (i) serve on industry-related, civic or charitable boards or committees, (ii) with the approval of the Board, Company's Board of Directors (the "Board"), serve on corporate boards or committees, (iii) deliver lectures, fulfill speaking engagements or teach at educational institutions, and (iv) manage the Executive's personal investments, so long as such activities do not significantly interfere with the performance and fulfillment of the Executive's duties and responsibilities as an employee of the Company or an Affiliate in accordance with this Agreement and, in the case of the activities described in clause (ii) of this proviso, will not, in the good faith judgment of the Board, constitute an actual or potential conflict of interest with the business of the Company or an Affiliate. It is understood and agreed that, to the extent that any such activities have been conducted by the Executive during the term of the Executive's employment by the Company or its Affiliates prior to the Effective Date consistent with the provisions of this Paragraph 3(b), the continued conduct of such activities (or of activities similar in nature and scope thereto) subsequent to the Effective Date shall not thereafter be deemed to interfere with the performance and fulfillment of the Executive's duties and responsibilities to the Company and its Affiliates. (c) In connection with the Executive's employment hereunder, the Executive shall be based at the location where the Executive was regularly employed immediately prior to the Effective Date or any office which is the headquarters of the Company and is less than 50 miles from such location, in Houston, Texas, subject, however, to required travel for the business of the Company and its Affiliates to the extent substantially consistent with the Executive's business travel obligations during the three-year period immediately preceding the Effective Date. -2- Affiliates. (d) All services that the Executive may render to the Company or any of its Affiliates in any capacity during the Employment Term shall be deemed to be services required by this Agreement and consideration for the compensation provided for herein. View More
Positions and Duties. (a) During the Employment Term, Period, the Executive's position (including status, offices, titles titles, and reporting requirements), duties, functions, responsibilities and authority shall be at least commensurate in all material respects requirements with the most significant of those held or exercised by or assigned to the Executive in respect of the Company or any Affiliate its Affiliated Companies or both, as the case may be, shall be commensurate with those in effect during the 90-day p...eriod immediately preceding the Effective Date. (b) The duties and responsibilities assigned to the Executive may be increased, decreased or otherwise changed during the Employment Period, provided that the duties and responsibilities assigned to the Executive at any given time are not materially inconsistent with the Executive's status, offices, titles, and reporting requirements as in effect during the 90-day period immediately preceding the Effective Date. The Executive's services shall be performed at the location where the Executive was employed 4 immediately preceding the Effective Date or any location less than 20 miles from such location, although the Executive understands and agrees that he may be required to travel from time to time for business purposes. During the Employment Term, Period, and excluding any periods of vacation and sick leave to which the Executive shall is entitled, the Executive agrees to devote the Executive's full time, skill substantially all of his time and attention, and the Executive's reasonable best efforts, attention during normal business hours to the business and affairs of the Company, Company and in furtherance of the business its Affiliated Companies and affairs of its Affiliates, to the extent necessary use his reasonable best efforts to discharge perform faithfully and efficiently the duties and responsibilities delegated and assigned to him hereunder. During the Employment Period it shall not be a violation of this Agreement for the Executive herein or pursuant hereto, except for usual, ordinary and customary periods of vacation and absence due to illness or other disability; provided, however, that the Executive may (i) serve on industry-related, corporate, civic or charitable boards or committees, (ii) with the approval of the Board, serve on corporate boards or committees, (iii) deliver lectures, fulfill speaking engagements or teach at educational institutions, institutions and (iv) manage devote reasonable amounts of time to the Executive's management of his and his family's personal investments, investments and affairs, so long as such activities do not significantly interfere with the performance and fulfillment of the Executive's duties and responsibilities as an employee of the Company or an Affiliate its Affiliated Companies in accordance with this Agreement and, in the case of the activities described in clause (ii) of this proviso, will not, in the good faith judgment of the Board, constitute an actual or potential conflict of interest with the business of the Company or an Affiliate. Agreement. It is expressly understood and agreed that, that to the extent that any such activities have been conducted by the Executive during the term of the Executive's employment by the Company or its Affiliates prior to the Effective Date consistent with Date, the provisions of this Paragraph 3(b), the reinstatement or continued conduct of such activities (or the reinstatement or conduct of activities similar in nature and scope thereto) subsequent to the Effective Date shall not thereafter be deemed to interfere with the performance and fulfillment of the Executive's duties and responsibilities to the Company and its Affiliates. (c) In connection with the Executive's employment hereunder, the Executive shall be based at the location where the Executive was regularly employed immediately prior to the Effective Date or any office which is the headquarters of the Company and is less than 50 miles from such location, subject, however, to required travel for the business of the Company and its Affiliates to the extent substantially consistent with the Executive's business travel obligations during the three-year period immediately preceding the Effective Date. -2- (d) All services that the Executive may render to the Company or any of its Affiliates in any capacity during the Employment Term shall be deemed to be services required by this Agreement and consideration for the compensation provided for herein. Affiliated Companies. View More
Positions and Duties. (a) a During the Employment Term, the Executive's position (including status, offices, titles and reporting requirements), duties, functions, responsibilities and authority shall be at least commensurate in all material respects with the most significant of those held or exercised by or assigned to the Executive in respect of the Company or any Affiliate affiliated company at any time during the 120-day period immediately preceding the Effective Date. (b) b During the Employment Term, the Execut...ive shall devote the Executive's full time, skill and attention, and the Executive's reasonable best efforts, during normal business hours to the business and affairs of the Company, and in furtherance of the business and affairs of its Affiliates, affiliated companies, to the extent necessary to discharge faithfully and efficiently the duties and responsibilities delegated and assigned to the Executive herein or pursuant hereto, except for usual, ordinary and customary periods of vacation and absence due to illness or other disability; provided, however, that the Executive may (i) serve on industry-related, civic or charitable boards or committees, (ii) with the approval of the Board, Board of Directors of Paragon Offshore (the "Paragon Offshore Board"), serve on corporate boards or committees, (iii) deliver lectures, fulfill speaking engagements or teach at educational institutions, and (iv) manage the Executive's personal investments, so long as such activities do not significantly interfere with the performance and fulfillment of the Executive's duties and responsibilities as an employee of the Company or an Affiliate affiliated company in accordance with this Agreement and, in the case of the activities described in clause (ii) of this proviso, will not, in the good faith judgment of the Paragon Offshore Board, constitute an actual or potential conflict of interest with the business of the Company or an Affiliate. affiliated company. It is expressly understood and agreed that, to the extent that any such activities have been conducted by the Executive during the term of the Executive's employment by the Company or its Affiliates affiliated companies prior to the Effective Date consistent with the provisions of this Paragraph 3(b), the continued conduct of such activities (or of activities similar in nature and scope thereto) subsequent to the Effective Date shall not thereafter be deemed to interfere with the performance and fulfillment of the Executive's duties and responsibilities to the Company and its Affiliates. (c) affiliated companies. 2 c In connection with the Executive's employment hereunder, the Executive shall be based at the location where the Executive was regularly employed immediately prior to the Effective Date or any office which is the headquarters of the Company or Paragon Offshore and is less than 50 miles from such location, subject, however, to required travel for on the business of the Company and its Affiliates affiliated companies to the an extent substantially consistent with the Executive's business travel obligations during the three-year period immediately preceding the Effective Date. -2- (d) d All services that the Executive may render to the Company or any of its Affiliates affiliated companies in any capacity during the Employment Term shall be deemed to be services required by this Agreement and consideration for the compensation provided for herein. View More
View Variations
Positions and Duties. 1.1 POSITION AND TITLE. The Company hereby hires Employee to serve as the Chief Credit Officer of the Company. (a) LIMITS ON AUTHORITY. Employee shall, to the best of his abilities, perform his duties in such capacity pursuant to this Agreement in compliance with applicable law, consistent with such direction as the Company provides to Employee from time to time, and in accordance with Company's policies and procedures as published from time to time. (b) REPORTING AND AUTHORITY. Employee shall r...eport to the Company as directed by the Company. Subject to the directions of the Company, Employee shall have full authority and responsibility for supervising and managing to the best of his ability, the daily affairs in his scope of work or as assigned including but not limited to: (i) presenting to the Company all business opportunities that come to his attention that are reasonably in the scope of business of the Company; (ii) working with the Company to develop and approve business objectives, policies and plans that improve the Company's profitability; (iii) communicating business objectives and plans to subordinates, (iv) ensuring that plans and policies are promulgated to and implemented by subordinate managers, (v) ensuring that each business plan provides those functions required for achieving its business objectives and that each plan is properly organized, staffed and directed to fulfill its responsibilities, (vi) assisting the Company in directing periodic reviews of the Company's strategic position and combining this information with corollary analysis of the Company's production and financial resources, (vii) providing periodic financial information concerning the operations of the projects and growth plans to the Company, and (viii) ensuring that the operation of the projects comply with applicable laws. CFB Employment Agreement 1 1.2 ACCEPTANCE. Employee hereby accepts employment by the Company in the capacity set forth in Section 1.1, above, and agrees to perform the duties of such position from and after the Effective Date of this Agreement in a diligent, efficient, trustworthy, and businesslike manner. Employee agrees that, to the best of the Employee's ability and experience, Employee at all times shall loyally and conscientiously discharge all of the duties and responsibilities imposed upon Employee pursuant to this Agreement. 1.3 BUSINESS TIME. Employee shall devote his exclusive business time to the performance of his duties to the Company under Section 1.1 and elsewhere in this Agreement. Employee shall not undertake any activities that conflict with or significantly detract from his primary duties to the Company. 1.4 LOCATION. Employee shall perform his duties under this Agreement primarily in Leawood, Kansas and potentially other regions of the United States where the Company, or its Affiliated Companies, are active in conducting banking and other related service activities. Employee acknowledges and agrees that from time to time he shall be required to travel (at the cost and expense of the Company) to such other locations in order to discharge his duties under this Agreement. 1.5 TERM. The term of this Agreement commenced as of the Effective Date and shall be for a term of three (3) years, which term shall thereafter automatically renew for successive one (1) year terms unless: i) Company or Employee serve a Notice of Termination upon the other party of intent to not renew the term of this Agreement within thirty (30) days prior to the ensuing termination date, or ii) earlier terminated in accordance with Section 3, below. 1.6 INVESTMENT IN THE CROSSFIRST HOLDINGS, LLC. The Board of Directors of the Company believes that it will be essential for Employee to participate in the Company's future growth as an equity stakeholder as well as an employee. As a condition to Employees employment with the Company, Employee will be expected to acquire within three (3) months of the Effective Date of his employment $200,000.00 worth of Membership Units of the Company's Holding Company, Crossfirst Holdings, LLC, ("Required Units"), under the terms of the Membership Unit Purchase Agreement between the Employee and Company. As a condition of Employee's continued employment with the Company, Employee shall not sell or transfer any Required Units without the prior consent of the Committee. View More
Positions and Duties. 1.1 POSITION POSITION, TITLE AND TITLE. DUTIES. The Company hereby hires Employee to serve as the Chief Credit Officer Chairman and CEO of the Company. Employee's primary duty is to direct the strategic and operational growth of the Company and its subsidiary, CrossFirst Bank. Employee will also serve as a director of the Company but will not be paid fees for serving as a director. (a) LIMITS ON AUTHORITY. Employee shall, to the best of his abilities, perform his duties in such capacity pursuant... to this Agreement in compliance with applicable law, consistent with such direction as the Company provides to Employee from time to time, and in accordance with Company's policies and procedures as published from time to time. (b) REPORTING AND AUTHORITY. Employee shall report to the Company as directed by the Company. Subject to the directions of the Company, Board of Directors of the Company (the "Board of Directors"), Employee shall have full authority and responsibility for supervising and managing managing, to the best of his ability, the daily affairs in his scope of work or as assigned the Company, including but not limited to: (i) presenting to the Company all business opportunities that come to his attention that are reasonably in the scope of business of the Company; (ii) working with the Company to develop and approve business objectives, policies and plans that improve the Company's profitability; long-term profitability, and consequently improve the value and liquidity of shareholder holdings; (iii) communicating business objectives and plans to subordinates, (iv) ensuring that plans and policies are promulgated to and implemented by subordinate managers, (v) ensuring that each business plan provides those functions required for achieving its business objectives and that each plan is properly organized, staffed and directed to fulfill its responsibilities, (vi) assisting the Company in directing periodic reviews of the Company's strategic position and combining this information with corollary analysis of the Company's production and financial resources, (vii) providing periodic financial information concerning the operations of the projects and growth plans to the Company, (viii) assisting the Company in developing and (viii) maintaining succession plans and management personnel for the Company and its Affiliated Companies; and (ix) ensuring that the operation of the projects comply with applicable laws. CFB Employment Agreement 1 1.2 ACCEPTANCE. Employee hereby accepts employment by the Company in the capacity set forth in Section 1.1, above, and agrees to perform the duties of such position from and after the Effective Date of this Agreement in a diligent, efficient, trustworthy, and businesslike manner. Employee agrees that, to the best of the Employee's ability and experience, Employee at all times shall loyally and conscientiously discharge all of the duties and responsibilities imposed upon Employee pursuant to this Agreement. 1.3 BUSINESS TIME. Employee shall devote his exclusive business time to the performance of his duties to the Company under Section 1.1 and elsewhere in this Agreement. Employee shall not undertake any activities that conflict with or significantly detract from his primary duties to the Company. 1.4 LOCATION. Employee shall perform his duties under this Agreement primarily in Leawood, the greater Kansas City and Dallas, Texas areas and potentially other regions of the United States where the Company, or its Affiliated Companies, are active in conducting banking and other related service activities. Employee acknowledges and agrees that from time to time he shall be required to travel (at the cost and expense of the Company) to such other locations in order to discharge his duties under this Agreement. 1.5 TERM. The term of this Agreement commenced as of the Effective Date and shall be for a term of three (3) years, which term shall thereafter automatically renew for successive one (1) year terms unless: i) Company or Employee serve a Notice of Termination upon the other party of intent to not renew the term of this Agreement within thirty (30) days prior to the ensuing termination date, or ii) earlier terminated in accordance with Section 3, below. continuing through December 31, 2021. 1.6 INVESTMENT IN THE CROSSFIRST HOLDINGS, LLC. BANKSHARES, INC. The Board of Directors of the Company believes that it will be essential for Employee to participate in the Company's future growth as an equity stakeholder as well as an employee. As a condition to Employees Employee has acquired equity holdings in the Company. Of Employee's equity holdings, Employee has agreed that during his employment with the Company, Company under this Agreement, Employee will be expected to acquire within three (3) months of the Effective Date of his employment $200,000.00 worth of Membership Units continue holding at least fourteen thousand and thirty-five shares of the Company's Holding Company, Crossfirst Holdings, LLC, stock ("Required Units"), under the terms of the Membership Unit Purchase Agreement between the Employee and Company. Shares"). As a condition of Employee's continued employment with the Company, Employee shall not sell or transfer any Required Units Shares without the prior consent of the Committee. Board of Directors. View More
Positions and Duties. 1.1 POSITION AND TITLE. The Company hereby hires Employee to serve as the Chief Credit Executive Officer of the Company. (a) LIMITS ON AUTHORITY. Limits on Authority. Employee shall, to the best of his abilities, shall perform his duties in such capacity as Chief Executive Officer of the Company pursuant to this Agreement in compliance with applicable law, consistent with such direction as the Company Company's Board of Directors provides to Employee from time to time, and in accordance with Com...pany's policies and procedures as published from time to time. (b) REPORTING AND AUTHORITY. Annual Reviews. Following each annual anniversary of the Effective Date of this Agreement, the Board of Directors may review Employee's performance of his duties pursuant to this Agreement and advise Employee of the results of that review. (c) Reporting and Authority. Employee shall report to the Company as directed by the Company. Company's Board of Directors. Subject to the directions power and authority of the Company's Board of Directors to govern the affairs of the Company, Employee shall have full authority and responsibility for supervising and managing to the best of his ability, the daily affairs in his scope of work or as assigned including but not limited to: (i) presenting to the Company all business opportunities that come to his attention that are reasonably in the scope of business of the Company; (ii) Company, including (i) working with the Company Company's Board of Directors to develop and approve business objectives, policies and plans that improve the Company's profitability; (iii) profit and growth objectives, (ii) communicating business objectives and plans to subordinates, (iv) within the Company, (iii) ensuring that plans and policies are promulgated to and implemented by subordinate managers, (iv) directing operations to achieve planned performance goals and developing management systems to effectively control each Company unit, (v) ensuring that each business plan operating unit provides those functions required for achieving its business objectives and that each plan unit is properly organized, staffed and directed to fulfill its responsibilities, (vi) assisting developing the organization and personnel, products, facilities, technology, and appropriate financial resources to secure the position of the Company in and to facilitate its planned development, (vii) directing periodic reviews of the Company's strategic market position and combining this information with corollary analysis of the Company's production products and financial resources, (vii) (viii) providing periodic financial information concerning the operations of the projects business, human resources and sales growth plans to the Company, Company's Board of Directors, and (viii) (ix) ensuring that the operation of the projects comply Company complies with applicable laws. CFB Employment Agreement 1 1.2 ACCEPTANCE. Acceptance. Employee hereby accepts employment by the Company in the capacity set forth in Section 1.1, 1.1 , above, and agrees to perform the duties of such position from and after the Effective Date of this Agreement in a diligent, efficient, trustworthy, and businesslike manner. Employee agrees that, to the best of the Employee's ability and experience, Employee at all times shall loyally and conscientiously discharge all of the duties and responsibilities imposed upon Employee pursuant to this Agreement. 1.3 BUSINESS TIME. Business Time. Employee shall devote his exclusive business time to the performance of his duties under this Agreement. Except with the prior written approval of the Board of Directors of the Company, Employee may not be employed by or provide paid consulting services to any business enterprise other than the Company under Section 1.1 and elsewhere in this Agreement. Employee shall not undertake any activities that conflict with or significantly detract from his primary duties to the Company. its affiliates. 1.4 LOCATION. Location. Employee shall perform his duties under this Agreement primarily from the offices maintained by Employee in Leawood, Kansas San Antonio, Texas, and potentially other regions of from the United States where the Company, or its Affiliated Companies, are active Company's offices in conducting banking and other related service activities. Kansas. Employee acknowledges and agrees that from time to time he shall be required to travel (at the cost and expense of the Company) to such other locations outside of San Antonio, Texas, and the location of the Company's offices in Kansas, in order to discharge his duties under this Agreement. 1.5 TERM. Term. The term of this Agreement commenced shall commence as of the Effective Date and shall be for a term of three (3) years, which term shall thereafter automatically renew for successive one (1) year terms unless: i) Company or Employee serve a Notice of Termination upon the other party of intent expire on December 31, 2014, subject to not renew the term of this Agreement within thirty (30) days prior sooner termination pursuant to the ensuing termination date, or ii) earlier terminated in accordance with Section 3, 4, below. 1.6 INVESTMENT IN THE CROSSFIRST HOLDINGS, LLC. The Board of Directors of the Company believes that it will be essential for Employee to participate in the Company's future growth as an equity stakeholder as well as an employee. As a condition to Employees employment with the Company, Employee will be expected to acquire within three (3) months of the Effective Date of his employment $200,000.00 worth of Membership Units of the Company's Holding Company, Crossfirst Holdings, LLC, ("Required Units"), under the terms of the Membership Unit Purchase Agreement between the Employee and Company. As a condition of Employee's continued employment with the Company, Employee shall not sell or transfer any Required Units without the prior consent of the Committee. View More
View Variations
Positions and Duties. (a) During the Employment Period (as defined below), Executive shall serve as the Chief Financial Officer of the Company. Executive will report to, and be subject to the overall direction and authority of the Chief Executive Officer (the "CEO") of the Company. 1 Executive shall have the normal duties, responsibilities, functions and authority of a senior executive officer of the Company and such other matters related to the day-to-day management of the Company as may be delegated to Executive by... the CEO. (b) Executive will devote Executive's best efforts and full business time and attention to the business and affairs of the Company. Executive will perform Executive's duties and responsibilities to the Company to the best of Executive's abilities in a diligent, trustworthy, businesslike and efficient manner. (c) Executive shall perform Executive's duties hereunder at the Company's offices in Alpharetta, Georgia or such other location as may be mutually agreed between the Company and Executive (the "Executive's Place of Business"). Executive acknowledges that regular domestic and international travel will be required in order for Executive to perform Executive's duties and responsibilities to the Company and to interact with the other members of the Company's executive team. (d) For purposes of this Agreement, "Subsidiaries" (in either plural or singular form) shall mean any corporation or other entity (including the Company) 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 Parent, directly or indirectly through one or more Subsidiaries. View More
Positions and Duties. (a) During the Employment Period (as defined below), Executive shall serve as an advisor to the Chief Financial Executive Officer (the "CEO") and the Board of Directors (the "Board") of Parent and the Company. Executive will report to, and be subject to the overall direction and authority of the Chief Executive Officer (the "CEO") of the Company. 1 Executive shall have the normal duties, responsibilities, functions CEO and authority of a senior executive officer of the Company and such other mat...ters related to the day-to-day management of the Company as may be delegated to Executive by the CEO. Board. (b) Executive will devote Executive's best efforts efforts, and full business such time and attention to the business and affairs of the Company commensurate with Executive's assigned duties for the Company. Executive will perform Executive's duties and responsibilities to the Company to the best of Executive's abilities in a diligent, trustworthy, businesslike and efficient manner. 1 (c) Executive shall perform Executive's duties hereunder at the Company's offices in Alpharetta, Georgia or such other location as may be mutually agreed between the Company and Executive (the "Executive's Place of Business"). Executive acknowledges that regular domestic agrees to render Executive's services away from Executive's office from time to time for reasonable lengths of time and international travel will be required for a reasonable number of trips in order for Executive to perform the ordinary course of business, as the proper performance of Executive's duties and responsibilities to the Company and to interact with the other members of the Company's executive team. may require. (d) For purposes of this Agreement, "Subsidiaries" (in either plural or singular form) shall mean any corporation or other entity (including the Company) 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 Parent, directly or indirectly through one or more Subsidiaries. View More
Positions and Duties. (a) During the Employment Period (as defined below), Executive shall serve as an advisor to the Chief Financial Executive Officer (the "CEO") and the Board of Directors (the "Board") of Parent and the Company. Executive will report to, and be subject to the overall direction and authority of the Chief Executive Officer (the "CEO") of the Company. CEO and Board. 1 Executive shall have the normal duties, responsibilities, functions and authority of a senior executive officer of the Company and suc...h other matters related to the day-to-day management of the Company as may be delegated to Executive by the CEO. (b) Executive will devote Executive's best efforts efforts, and full business such time and attention to the business and affairs of the Company commensurate with Executive's assigned duties for the Company. Executive will perform Executive's duties and responsibilities to the Company to the best of Executive's abilities in a diligent, trustworthy, businesslike and efficient manner. (c) Executive shall perform Executive's duties hereunder at the Company's executive offices in Alpharetta, Georgia or such other location as may be mutually agreed between the Company and Executive (the "Executive's Place of Business"). Executive acknowledges that regular domestic agrees to render Executive's services away from Executive's office from time to time for reasonable lengths of time and international travel will be required for a reasonable number of trips in order for Executive to perform the ordinary course of business, as the proper performance of Executive's duties and responsibilities to the Company and to interact with the other members of the Company's executive team. may require. (d) For purposes of this Agreement, "Subsidiaries" (in either plural or singular form) shall mean any corporation or other entity (including the Company) 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 Parent, directly or indirectly through one or more Subsidiaries. View More
View Variations
Positions and Duties. (a) Effective as of the date set forth above, the Executive will be employed by the Company, on a full-time basis, as its Chief Financial Officer. (b) The Executive's duties, authorities, and responsibilities shall be those typical of a Chief Financial Officer of a company with the size and scope of the Company. The Executive agrees that, while employed by the Company, he will devote his reasonable best efforts, business judgment, skill and knowledge 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 (i) serve on the managing boards of for-profit or not-for-profit entities with the prior approval of the Board of Directors of the Company (including any committees thereof (subject to Nasdaq requirements), the "Board"), (ii) participate in charitable, community, trade, or industry groups and activities and, (iii) engage in personal investment activities, in each case to the extent such activities, individually or in the aggregate, do not materially interfere with the performance of the Executive's duties under this Agreement, create a conflict of interest, or violate any provision of Section 3 of this Agreement. (c) The Executive agrees that, while employed by the Company, he will comply in all material respects 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 date set forth above, Closing Date, the Executive will continue to be employed by the Company, on a full-time basis, as its Chief Financial Executive Officer. In addition, as of Closing, the Executive will be appointed to serve as a member of and Chairman of the Board of Directors of Parent (including any committees thereof (subject to Nasdaq requirements), the "Board"). Parent agrees to propose to the shareholders of Parent at each appropriate annual meeting during the t...erm hereof the election of the Executive as a member of the Board, provided that the failure of the shareholders to so elect the Executive, and/or the failure of the Executive to continue to serve as Chairman of the Board, shall not constitute Good Reason for termination by the Executive of his employment hereunder, and provided further that the Executive shall resign from the Board effective immediately upon termination of his employment for any reason. (b) The Executive's duties, authorities, and responsibilities shall be those typical of a Chief Financial Executive Officer of a company with the size and scope of the Company. The Executive agrees that, while employed by the Company, he will devote his reasonable best efforts, business judgment, skill and knowledge 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 (i) serve on the managing boards of for-profit or not-for-profit entities with the prior approval of the Board, including without limitation the Executive's continued service as Director and Executive Chairman of the Board of Directors of the Company (including any committees thereof (subject to Nasdaq requirements), National Hellenic Research Foundation, which the "Board"), Board hereby approves, (ii) participate in charitable, community, trade, or industry groups and activities and, (iii) engage in personal investment activities, in each case to the extent such activities, individually or in the aggregate, do not materially interfere with the performance of the Executive's duties under this Agreement, create a conflict of interest, or violate any provision of Section 3 of this Agreement. (c) The Executive agrees that, while employed by the Company, he will comply in all material respects 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
View Variations
Positions and Duties. a) Title. The Company hereby agrees to continue to employ the Executive to serve as the President and Chief Executive Officer of the Company, subject to the power of the Board of Directors of the Company (the "Board") to expand, limit or otherwise alter such duties, responsibilities, title, position and authority. b) Reporting Relationships and Duties. The Executive shall: (i) report to the Board; and (ii) be responsible for managing the business of the Company and shall have all duties, authori...ties, and responsibilities commensurate with those of persons in similar capacities in similarly sized companies, and such other duties, authorities, and responsibilities as may reasonably be assigned to the Executive by the Board. Additionally, if nominated to serve as a director of the Company, or of any Company affiliate, Executive shall accept such nomination and, if elected, shall serve as a director for no additional compensation beyond what is provided under this Agreement. c) Full-Time Commitment/Policies. Throughout the Executive's employment, the Executive shall devote substantially all of his professional time to the performance of his duties of employment with the Company (except as otherwise provided herein) and shall faithfully and industriously perform such duties. The Executive will be required to comply with all Company policies as may exist and be in effect from time to time. d) Executive Representations. The Executive represents and warrants to the Company that he is under no obligations or commitments, whether contractual or otherwise, that are inconsistent with his obligations under this Agreement. The Executive represents and warrants that he will not use or disclose, in connection with his employment by the Company, any trade secrets, proprietary information, or intellectual property in which any other person has any right, title or interest and that his employment by the Company as contemplated by this Agreement will not infringe or violate the rights of any other person. View More
Positions and Duties. a) Title. Title/Duties. The Company hereby agrees to continue to employ the Executive to serve as the President and Chief Executive Officer ("CEO") of the Company. b) Board Service. During the Term, the Board shall nominate and renominate Executive to be elected to the Company's Board of Directors (the "Board"). Executive shall not receive any additional compensation beyond that set forth in this Agreement for service on the Board. Upon the termination of Executive's employment for any reason, E...xecutive agrees to resign immediately from the Board and from any and all other offices of the Company, subject to the power or of any Company affiliate, that Executive holds. c) Duties/Reporting Relationships. As CEO of the Board of Directors of Company, the Company (the "Board") to expand, limit or otherwise alter such duties, responsibilities, title, position and authority. b) Reporting Relationships and Duties. The Executive shall: (i) report to the Board; and (ii) be responsible for managing the business general management of the affairs of the Company and shall have all duties, authorities, authorities and responsibilities commensurate with those the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, and such other duties, authorities, and responsibilities as may reasonably be assigned to the Executive by the Board. Additionally, if nominated to serve as a director of the Company, or of any Company affiliate, Executive shall accept such nomination and, if elected, shall serve as a director for no additional compensation beyond what is provided under this Agreement. c) d) Full-Time Commitment/Policies. Throughout the Executive's employment, the Executive shall devote substantially all of his professional time to the performance of his duties of employment with the Company (except as otherwise provided herein) and shall faithfully and industriously perform such duties. The Executive will be required to comply with all Company policies as may exist and be in effect from time to time. d) e) Executive Representations. The Executive represents and warrants to the Company that he is under no obligations obligation or commitments, whether contractual or otherwise, that are inconsistent with his obligations under this Agreement. The Executive represents and warrants that he will not use or disclose, in connection with his employment by the Company, any trade secrets, secrets or proprietary information, information or intellectual property in which the Executive or any other person has any right, title or interest and that his employment by the Company as contemplated by this Agreement will not infringe or violate the rights of any other person. View More
Positions and Duties. a) Title. The Company hereby agrees to continue to employ the Executive to serve as the President and Chief Executive Officer ("CEO") of the Company. b) Board Service. During the Term, the Board shall nominate and renominate Executive to be elected to the Company's Board of Directors (the "Board"). Executive shall not be required to resign such position after the end of the Term. c) Reporting Relationships. As CEO of the Company, subject to the power of the Board of Directors of the Company (the... "Board") to expand, limit or otherwise alter such duties, responsibilities, title, position and authority. b) Reporting Relationships and Duties. The Executive shall: (i) report to the Board; and (ii) be responsible for managing the business general management of the affairs of the Company and shall have all duties, authorities, authorities and responsibilities commensurate with those the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, and such other duties, authorities, and responsibilities as may reasonably be assigned to the Executive by the Board. Additionally, if nominated to serve as a director of the Company, or of any Company affiliate, Executive shall accept such nomination and, if elected, shall serve as a director for no additional compensation beyond what is provided under this Agreement. c) d) Full-Time Commitment/Policies. Throughout the Executive's employment, the Executive shall devote substantially all of his professional time to the performance of his duties of employment with the Company (except as otherwise provided herein) and shall faithfully and industriously perform such duties. The Executive will be required to comply with all Company policies as may exist and be in effect from time to time. d) e) Executive Representations. The Executive represents and warrants to the Company that he is under no obligations obligation or commitments, whether contractual or otherwise, that are inconsistent with his obligations under this Agreement. The Executive represents and warrants that he will not use or disclose, in connection with his employment by the Company, any trade secrets, secrets or proprietary information, information or intellectual property in which the Executive or any other person has any right, title or interest and that his employment by the Company as contemplated by this Agreement will not infringe or violate the rights of any other person. View More
View Variations
Positions and Duties. As of the Effective Date, Executive shall serve as the Executive Vice President and Chief Financial Officer of the Employer. In such positions, Executive shall report directly to the CEO of the Employer except, where appropriate and/or required by the rules of the New York Stock Exchange, Employer's charter documents and/or other applicable rule or regulation, to the Board of Directors of Employer and/or Employer's Audit Committee. Executive shall have the customary authority, responsibilities a...nd duties of such position(s), subject to the direction and definition of such authority, responsibilities, and duties from time to time by Employer. During the Employment Term, Executive will devote all of his business time and efforts to the performance of his duties hereunder. Executive shall be subject to all of the employment and personnel policies and procedures in effect from time to time and applicable to executive employees of Employer. Executive's regular place of employment during the Employment Term shall be at Employer's executive offices in Lexington, Fayette County, Kentucky, and Executive shall engage in such travel as may be reasonably required in connection with the performance of his duties hereunder. View More
Positions and Duties. As of the Effective Date, Executive shall serve as the Executive Vice President and Chief Financial Executive Officer of the Employer. In such positions, Executive shall report directly to the CEO of the Employer except, where appropriate and/or required by the rules of the New York Stock Exchange, Employer's charter documents and/or other applicable rule or regulation, to the Board of Directors of Employer and/or Employer's Audit Committee. the Employer. Executive shall have the customary autho...rity, responsibilities and duties of such position(s), subject to the direction and definition of such authority, responsibilities, and duties from time to time by Employer. During the Employment Term, Executive will devote all so much of his business time and efforts to satisfy the performance of his duties hereunder. hereunder, and Employer hereby acknowledges Executive's position and employment with Royal Energy Resources, Inc., and affiliates (collectively, "Royal"). Executive shall be subject to all of the employment and personnel policies and procedures in effect from time to time and applicable to executive employees of Employer. Executive's regular place of employment during the Employment Term shall be at Employer's executive offices in Lexington, Fayette County, Kentucky, and Executive shall engage in such travel as may be reasonably required in connection with the performance of his duties hereunder. View More
Positions and Duties. As of the Effective Date, Executive shall serve as the Executive Vice President and Chief Financial Officer Chairman of the Employer. In such positions, Executive shall report directly to the CEO of the Employer except, where appropriate and/or required by the rules of the New York Stock Exchange, Employer's charter documents and/or other applicable rule or regulation, to the Board of Directors of Employer and/or Employer's Audit Committee. the Employer. Executive shall have the customary author...ity, responsibilities and duties of such position(s), subject to the direction and definition of such authority, responsibilities, and duties from time to time by Employer. During the Employment Term, Executive will devote all so much of his business time and efforts to satisfy the performance of his duties hereunder. hereunder, and Employer hereby acknowledges Executive's position and employment with Royal Energy Resources, Inc., and affiliates (collectively, "Royal"). Executive shall be subject to all of the employment and personnel policies and procedures in effect from time to time and applicable to executive employees of Employer. Executive's regular place of employment during the Employment Term shall be at Employer's executive offices in Lexington, Fayette County, Kentucky, Charleston, South Carolina, and Executive shall engage in such travel as may be reasonably required in connection with the performance of his duties hereunder. View More
View Variations
Positions and Duties. (a) Unilife will employ Ryan as Senior Vice President, General Counsel and Secretary and Ryan agrees to serve in such capacity for Unilife with responsibility for Unilife's legal affairs and such other duties as are assigned to him by the Chief Executive Officer ("CEO") of Unilife, and shall have vested in him the authority and duties typically held by an employee in such position. Ryan shall report to the Chief Executive Officer with respect to the performance of these duties and shall be a mem...ber of the Executive Team. In the performance of these duties, Ryan shall devote his knowledge, skill, attention, energies and all of his business time, and shall comply with all of Unilife's policies, rules, and procedures, as they may be amended from time to time. Ryan shall not engage in any endeavor that would conflict with the rendition of his services to Unilife, either directly or indirectly, without the prior written consent of Unilife's CEO; provided, however, Ryan may participate in civic, charitable, educational, industry and professional organizations, to the extent that such participation does not unreasonably interfere with the performance of his duties hereunder; and Ryan may also serve on corporate boards and committees, but only with the prior written consent of Unilife's CEO. 3 (b) Notwithstanding the responsibilities and duties contained in Section 2(a) above, Ryan acknowledges that all material decisions relating to the management of Unilife's business will be made by the CEO or the Board of Directors of Unilife. In addition, any decisions which have the capacity to affect significantly the financial standing of Unilife must be referred to the CEO or Board of Directors of Unilife who will have ultimate control in respect of these matters. View More
Positions and Duties. (a) Unilife will employ Ryan as Senior Vice President, General Counsel President and Secretary Chief Executive Officer and Ryan agrees to serve in such capacity for Unilife with responsibility for Unilife's legal affairs and such other duties as are assigned to him by the Chief Executive Officer ("CEO") of Unilife, and shall have vested in him the responsibility, authority and duties typically held by an employee in such position. Ryan shall report to the Chief Executive Officer Unilife's Board ...of Directors with respect to the performance of these duties and shall be a member of the Unilife's Executive Leadership Team. In the performance of these duties, Ryan shall devote his knowledge, skill, attention, energies and all of his business time, and shall comply with all of Unilife's policies, rules, and procedures, as they may be adopted or amended from time to time. Ryan shall not engage in any endeavor that would conflict with the rendition of his services to Unilife, either directly or indirectly, without the prior written consent of Unilife's CEO; Board Chair; provided, however, Ryan may participate in civic, charitable, educational, industry and professional organizations, to the extent that such participation does not unreasonably interfere with the performance of his duties hereunder; and Ryan may also serve on corporate boards and committees, but only with the prior written consent of Unilife's CEO. 3 (b) Notwithstanding the responsibilities Board Chair and duties contained in Section 2(a) above, Ryan acknowledges that all material decisions relating to the management extent permitted under Unilife's Board Charter. (b) Whenever, during his employment as Chief Executive Officer of Unilife's business will be made by the CEO or Unilife, Ryan's term of service as a member of the Board of Directors of Unilife. In addition, any decisions which have the capacity expires, Unilife shall cause Ryan to affect significantly the financial standing of Unilife must be referred nominated for re-election to the CEO or Board of Directors of Unilife who will have ultimate control in respect of these matters. and shall recommend such re-election to Unilife's stockholders. Ryan shall not be entitled to any additional compensation for his service as a director. View More
View Variations