Position Clause Example with 16 Variations from Business Contracts
This page contains Position 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.
Position. (a) Duties. The principal duties of the Executive shall be to serve in the position of President, Chief Executive Officer and Secretary of the Company and as a member of the board of directors of the Company (the "Board"). As President, Chief Executive Officer and Secretary, the Executive shall render full time services to the Company as the principal executive officer of the Company and shall be responsible for all aspects of the business of the Company, including drug development and business ...operations, and shall be responsible for the development and implementation of strategic development plans of the Company, all subject to the direction and control of the Board. Further responsibilities may include such other duties as would be consistent with those duties and responsibilities normally associated with such positions in corporations of similar size and nature to the Company, and to render such other services as are reasonably necessary or desirable to protect and advance the best interests of the Company. (b) Devotion of Time to Company's Business. The Executive shall use his best efforts, skills and abilities to promote and protect the interests of the Company and devote substantially all of his working time and energies to the business and affairs of the Company. Notwithstanding anything to the contrary contained herein, the Executive (i) may serve on the board(s) of additional companies or organizations and receive compensation for such services rendered and (ii) may engage in charitable, civic, fraternal, professional and trade association activities, provided that in each such case the activities engaged in by the Executive do not materially interfere with his primary obligations to the Company and do not materially reduce the amount of his working time devoted to the business and affairs of the Company. (c) Directors and Officers Liability Insurance. During the Term and for a period of six years thereafter, the Company, or any successor to the Company resulting from a change in control, shall maintain a directors and officers liability insurance policy (or policies) in a minimum amount of $3,000,000 which shall provide comprehensive coverage to Executive. (d) Best Efforts. The Executive shall use his best efforts to carry out and successfully complete the assignments, tasks and job activities required, from time to time, to be performed to carry out Executive's duties and responsibilities during the Term. The Executive's duties and assignments shall be undertaken at such location(s) as may be determined from time to time by the Company, but in no event shall Executive be required to perform his duties on a regular basis at any location more than 25 miles from the location where Executive regularly performs his duties for the Company immediately prior to the Effective Date. (e) Company Rules, Policies and Regulations. The Executive shall, at all times, conduct himself in a professional manner and adhere to the standards, ethical obligations, rules, policies, regulations and procedures of the Company which are presently in force or which may be established from time to time by the Company. Executive shall take no intentional action that violates any law, rule or regulation whatsoever while acting in his capacity as employee.View More
Variations of a "Position" Clause from Business Contracts
Position. (a) Duties. The principal duties of the Executive shall be to serve in the position of President, Chief Executive Accounting Officer and Secretary Treasurer of the Company and as a member of the board of directors of the Company (the "Board"). Company. As President, Chief Executive Accounting Officer and Secretary, Treasurer, the Executive shall render full time services to develop, implement and administer all accounting policies and earnings releases as well as oversee the Company as Company's... accounting and financial control functions including, without limitation, SEC and regulatory reports and the principal executive officer preparation of corporate trial balances, financial statements (interim and year end), income tax returns and management of the Company and shall be responsible for all aspects of the business of the Company, including drug development and business operations, and shall be responsible for the development and implementation of strategic development plans of the Company, all subject to the direction and control of the Board. treasury function. Further responsibilities may include such other duties as would be consistent with those duties and responsibilities normally associated with such positions in corporations of similar size and nature to the Company, and to render such other services as are reasonably necessary or desirable to protect and advance the best interests of the Company. (b) Devotion of Time to Company's Business. The Executive shall use his best efforts, skills and abilities to promote and protect the interests of the Company and devote substantially all approximately 60% of his working time and energies to the business and affairs of the Company in the first year of the Term and, thereafter, any modification to this commitment will be as may be mutually agreed between the Executive and the Company. Notwithstanding anything to the contrary contained herein, the Executive (i) may serve on the board(s) of additional companies or organizations and receive compensation for such services rendered and (ii) may engage in charitable, civic, fraternal, professional and trade association activities, provided that in each such case the activities engaged in by the Executive do not materially interfere with his primary obligations to the Company and do not materially reduce the amount of his working time devoted to the business and affairs of the Company. (c) Directors and Officers Liability Insurance. During the Term and for a period of six years thereafter, the Company, or any successor to the Company resulting from a change in control, shall maintain a directors and officers liability insurance policy (or policies) in a minimum amount of $3,000,000 which shall provide comprehensive coverage to Executive. (d) Best Efforts. The Executive shall use his best efforts to carry out and successfully complete the assignments, tasks and job activities required, from time to time, to be performed to carry out Executive's duties and responsibilities during the Term. The Executive's duties and assignments shall be undertaken at such location(s) as may be determined from time to time by the Company, but in no event shall Executive be required to perform his duties on a regular basis at any location more than 25 75 miles from the location where Executive regularly performs his duties for the Company immediately prior to the Effective Date. (e) Company Rules, Policies and Regulations. The Executive shall, at all times, conduct himself in a professional manner and adhere to the standards, ethical obligations, rules, policies, regulations and procedures of the Company which are presently in force or which may be established from time to time by the Company. Executive shall take no intentional action that violates any law, rule or regulation whatsoever while acting in his capacity as employee. View More
Position. (a) Duties. .. The principal duties of the Executive shall be to serve in the position of President, Chief Executive Officer and Secretary of the Company and as a member of the board of directors of the Company (the "Board"). As President, Chief Executive Officer and Secretary, Operating Officer. In such capacities, the Executive shall render full time his services to the Company as the principal an executive officer of the Company and shall be responsible for all aspects activities normally ass...ociated with the offices of the business Chief Operating Officer of the Company, including drug development a clinical stage biotechnology company of similar size and business operations, and shall be responsible for the development and implementation of strategic development plans of nature to the Company, all subject to the direction and control of the Board. Further responsibilities may include such other duties as would be consistent with those duties Board of Directors of the Company (the "Board") and responsibilities normally associated with such positions in corporations of similar size and nature the Company's Chief Executive Officer. All references to the Company, and to render such other services as are reasonably necessary or desirable to protect and advance the best interests "Board" in this Agreement shall include any committee of the Company. Board (including the Compensation Committee of the Board) that has been or is in the future delegated the power of the Board to oversee and manage the compensation of the Company's officers and employees. (b) Devotion of Time to Company's Business. The Executive shall use his best efforts, skills and abilities to promote and protect the interests of the Company and devote substantially all the substantial portion of his working time and energies to the business and affairs of the Company. Notwithstanding anything to the contrary contained herein, the Executive (i) may serve on the board(s) of additional companies or organizations and receive compensation for such services rendered and (ii) may engage in charitable, civic, fraternal, professional and professional, trade association activities, or other activities on behalf of private companies and receive compensation for such services rendered, provided that in each such case the activities engaged in by the Executive do not materially interfere with his primary obligations to the Company, do not compete with the Company and do not materially reduce the amount of his working time devoted to the business and affairs of the Company. All such activities shall be reported to the Board prior to the Executive undertaking such activities (other than those activities (all of which have been disclosed to the Company by Executive) engaged in as of the Effective Date). 1 (c) Directors and Officers Liability Insurance. During the Term and for a period of six years thereafter, the Company, or any successor to the Company resulting from a change in control, shall maintain a directors and officers liability insurance policy (or policies) in a minimum amount of $3,000,000 $5,000,000 which shall provide comprehensive coverage to Executive. (d) Best Efforts. The Executive shall use his best efforts to carry out and successfully complete the assignments, tasks and job activities required, from time to time, to be performed to carry out Executive's duties and responsibilities during the Term. The Executive's duties and assignments shall be undertaken at such location(s) as may be determined from time to time by the Company, but in no event shall Executive be required to perform his duties on a regular basis at any location more than 25 miles from the location where Executive regularly performs his duties for the Company immediately prior to the Effective Date. (e) Company Rules, Policies and Regulations. The Executive shall, at all times, conduct himself in a professional manner and adhere to the standards, ethical obligations, rules, policies, regulations and procedures of the Company which are presently in force or which may be established from time to time by the Company. Executive shall take no intentional action that violates any law, rule or regulation whatsoever while acting in his capacity as employee. View More
Position. (a) Duties. The principal duties of the Executive shall be to serve in the position of President, Chief Executive Officer and Secretary of the Company and as a member of the board of directors of the Company (the "Board"). Company. As President, Chief Executive Officer and Secretary, Officer, the Executive shall render full time services to the Company as the principal an executive officer of the Company and shall be responsible for all aspects the overall management of the business of the Compa...ny, including drug development all tasks and business operations, responsibilities normally associated with the office of Chief Executive Officer of clinical stage biotechnology company of similar size and shall be responsible for the development and implementation of strategic development plans of nature to the Company, all subject to the direction and control of the Board. Further responsibilities may include such other duties as would be consistent with those duties and responsibilities normally associated with such positions in corporations Board of similar size and nature Directors of the Company (the "Board"). All references to the Company, and to render such other services as are reasonably necessary or desirable to protect and advance the best interests "Board" in this Agreement shall include any committee of the Company. Board (including the Compensation Committee of the Board) that has been or is in the future delegated the power of the Board to oversee and manage the compensation of the Company's officers and employees. (b) Devotion of Time to Company's Business. The Executive shall use his best efforts, skills and abilities to promote and protect the interests of the Company and devote substantially all the substantial portion of his working time and energies to the business and affairs of the Company. Notwithstanding anything to the contrary contained herein, the Executive (i) may serve on the board(s) of additional companies or organizations and receive compensation for such services rendered and (ii) may engage in charitable, civic, fraternal, professional and professional, trade association activities, or other activities on behalf of private companies and receive compensation for such services rendered, provided that in each such case the activities engaged in by the Executive do not materially interfere with his primary obligations to the Company, do not compete with the Company and do not materially reduce the amount of his working time devoted to the business and affairs of the Company. All such activities shall be reported to the Board prior to the Executive undertaking such activities (other than those activities (all of which have been disclosed to the Company by Executive) engaged in as of the Effective Date). 1 (c) Directors and Officers Liability Insurance. During the Term and for a period of six years thereafter, the Company, or any successor to the Company resulting from a change in control, shall maintain a directors and officers liability insurance policy (or policies) in a minimum amount of $3,000,000 $5,000,000 which shall provide comprehensive coverage to Executive. (d) Best Efforts. The Executive shall use his best efforts to carry out and successfully complete the assignments, tasks and job activities required, from time to time, to be performed to carry out Executive's duties and responsibilities during the Term. The Executive's duties and assignments shall be undertaken at such location(s) as may be determined from time to time by the Company, but in no event shall Executive be required to perform his duties on a regular basis at any location more than 25 miles from the location where Executive regularly performs his duties for the Company immediately prior to the Effective Date. (e) Company Rules, Policies and Regulations. The Executive shall, at all times, conduct himself in a professional manner and adhere to the standards, ethical obligations, rules, policies, regulations and procedures of the Company which are presently in force or which may be established from time to time by the Company. Executive shall take no intentional action that violates any law, rule or regulation whatsoever while acting in his capacity as employee. View More
Position. (a) Duties. The principal duties of the Executive shall be to serve in the position of President, Chief Executive Financial Officer and Secretary of the Company and as a member of the board of directors of the Company (the "Board"). Company. As President, Chief Executive Officer and Secretary, Financial Officer, the Executive shall render full time services have the duties and responsibilities delegated to him by the Company CEO, which shall include, without limitation, functional responsibility... over all accounting, budgeting and administrative functions, as the principal executive officer of the Company well as participation in all finance, business development, investor relations and shall be responsible for all aspects of the business of the Company, including drug development and business operations, and shall be responsible for the development and implementation of strategic development plans of the Company, all subject to the direction and control of the Board. functions, in each case, as applicable. Further responsibilities may include such other duties as would be consistent with those duties and responsibilities normally associated with such positions in corporations of similar size and nature to the Company, and to render such other services as are reasonably necessary or desirable to protect and advance the best interests of the Company. (b) Devotion of Time to Company's Business. The Executive shall use his best commercially reasonable efforts, skills and abilities to promote and protect the interests of the Company and devote substantially all a majority of his working time and energies to the business and affairs of the Company. Notwithstanding anything to the contrary contained herein, the Executive (i) may serve on the board(s) of additional companies or organizations and receive compensation for such services rendered and (ii) may engage in charitable, civic, fraternal, professional and trade association activities, provided that in each such case case, the activities engaged in by the Executive do not materially interfere with his primary obligations to the Company Company, do not constitute a breach of fiduciary duty or a conflict of interest with the Executive's duties of fidelity and loyalty to the Company, and do not materially reduce the amount of his working time devoted to the business and affairs of the Company. (c) Directors and Officers Liability Insurance. During the Term and for a period of six years thereafter, the Company, or any successor to the Company resulting from a change in control, shall maintain a directors and officers liability insurance policy (or policies) in a minimum amount of $3,000,000 $1,000,000 which shall provide comprehensive coverage to Executive. (d) Best Efforts. The Executive shall use his best commercially reasonably efforts to carry out and successfully complete the assignments, tasks and job activities required, from time to time, to be performed to carry out Executive's duties and responsibilities during the Term. The Executive's duties and assignments shall be undertaken at such location(s) as may be determined from time to time by the Company, but in no event shall Executive be required to perform his duties on a regular basis at any location more than 25 miles from the location where Executive regularly performs his duties for the Company immediately prior to as of the Effective Date. (e) Company Rules, Policies and Regulations. The Executive shall, at all times, conduct himself in a professional manner and adhere to the standards, ethical obligations, rules, policies, regulations and procedures of the Company which are presently in force or which may be established from time to time by the Company. Executive shall take no intentional action that violates any law, rule or regulation whatsoever while acting in his capacity as employee. View More
Position. (a) Duties. The principal duties of the Executive shall be to serve in the position of President, Chief Executive Officer and Secretary Chairman of the Company and as a member of the board Board of directors of the Company Directors (the "Board"). As President, Chief Executive Officer and Secretary, Chairman, the Executive shall render full time services have the duties and responsibilities delegated to him by the Company Board, which shall include, without limitation, functional responsibility ...over all scientific, preclinical and clinical development, regulatory, manufacturing, sales & marketing functions, as the principal executive officer of the Company and shall be responsible for all aspects of the business of the Company, including drug development and business operations, and shall be responsible for the development and implementation of strategic development plans of the Company, all subject to the direction and control of the Board. applicable. Further responsibilities may include such other duties as would be consistent with those duties and responsibilities normally associated with such positions in corporations of similar size and nature to the Company, and to render such other services as are reasonably necessary or desirable to protect and advance the best interests of the Company. (b) Devotion of Time to Company's Business. The Executive shall use his best commercially reasonable efforts, skills and abilities to promote and protect the interests of the Company and devote substantially all a majority of his working time and energies to the business and affairs of the Company. Notwithstanding anything to the contrary contained herein, the Executive (i) may serve on the board(s) of additional companies or organizations and receive compensation for such services rendered and (ii) may engage in charitable, civic, fraternal, professional and trade association activities, provided that in each such case case, the activities engaged in by the Executive do not materially interfere with his primary obligations to the Company Company, do not constitute a breach of fiduciary duty or a conflict of interest with the Executive's duties of fidelity and loyalty to the Company, and do not materially reduce the amount of his working time devoted to the business and affairs of the Company. (c) Directors and Officers Liability Insurance. During the Term and for a period of six years thereafter, the Company, or any successor to the Company resulting from a change in control, shall maintain a directors and officers liability insurance policy (or policies) in a minimum amount of $3,000,000 $1,000,000 which shall provide comprehensive coverage to Executive. (d) Best Efforts. The Executive shall use his best commercially reasonably efforts to carry out and successfully complete the assignments, tasks and job activities required, from time to time, to be performed to carry out Executive's duties and responsibilities during the Term. The Executive's duties and assignments shall be undertaken at such location(s) as may be determined from time to time by the Company, but in no event shall Executive be required to perform his duties on a regular basis at any location more than 25 miles from the location where Executive regularly performs his duties for the Company immediately prior to as of the Effective Date. (e) Company Rules, Policies and Regulations. The Executive shall, at all times, conduct himself in a professional manner and adhere to the standards, ethical obligations, rules, policies, regulations and procedures of the Company which are presently in force or which may be established from time to time by the Company. Executive shall take no intentional action that violates any law, rule or regulation whatsoever while acting in his capacity as employee. View More
Position. (a) Duties. The principal duties of the Executive shall be to serve in the position of President, Chief Executive Financial Officer, Chief Strategic Officer and Secretary of the Company and as a member of the board of directors of the Company (the "Board"). As President, Chief Executive Officer and Secretary, Secretary. In such capacities, the Executive shall render full time services to the Company as the principal an executive officer of the Company and shall be responsible for all financial a...nd strategic aspects of the business of the Company, including drug development the preparation and business operations, review of the financial operations of the Company and shall be responsible for assisting in the development and implementation of the strategic development plans of the Company, as well as all tasks and responsibilities normally associated with the offices of Chief Financial Officer, Chief Strategic Officer and Secretary of clinical stage biotechnology company of similar size and nature to the Company, all subject to the direction and control of the Board. Further responsibilities may include such other duties as would be consistent with those duties Board of Directors of the Company (the "Board") and responsibilities normally associated with such positions in corporations of similar size and nature the Company's Chief Executive Officer. All references to the Company, and to render such other services as are reasonably necessary or desirable to protect and advance the best interests "Board" in this Agreement shall include any committee of the Company. Board (including the Compensation Committee of the Board) that has been or is in the future delegated the power of the Board to oversee and manage the compensation of the Company's officers and employees. (b) Devotion of Time to Company's Business. The Executive shall use his best efforts, skills and abilities to promote and protect the interests of the Company and devote substantially all the substantial portion of his working time and energies to the business and affairs of the Company. Notwithstanding anything to the contrary contained herein, the Executive (i) may serve on the board(s) of additional companies or organizations and receive compensation for such services rendered and (ii) may engage in charitable, civic, fraternal, professional and professional, trade association activities, or other activities on behalf of private companies and receive compensation for such services rendered, provided that in each such case the activities engaged in by the Executive do not materially interfere with his primary obligations to the Company, do not compete with the Company and do not materially reduce the amount of his working time devoted to the business and affairs of the Company. All such activities shall be reported to the Board prior to the Executive undertaking such activities (other than those activities (all of which have been disclosed to the Company by Executive) engaged in as of the Effective Date). 1 (c) Directors and Officers Liability Insurance. During the Term and for a period of six years thereafter, the Company, or any successor to the Company resulting from a change in control, shall maintain a directors and officers liability insurance policy (or policies) in a minimum amount of $3,000,000 $5,000,000 which shall provide comprehensive coverage to Executive. (d) Best Efforts. The Executive shall use his best efforts to carry out and successfully complete the assignments, tasks and job activities required, from time to time, to be performed to carry out Executive's duties and responsibilities during the Term. The Executive's duties and assignments shall be undertaken at such location(s) as may be determined from time to time by the Company, but in no event shall Executive be required to perform his duties on a regular basis at any location more than 25 miles from the location where Executive regularly performs his duties for the Company immediately prior to the Effective Date. (e) Company Rules, Policies and Regulations. The Executive shall, at all times, conduct himself in a professional manner and adhere to the standards, ethical obligations, rules, policies, regulations and procedures of the Company which are presently in force or which may be established from time to time by the Company. Executive shall take no intentional action that violates any law, rule or regulation whatsoever while acting in his capacity as employee. View More
