Authority and Responsibilities. Section 1004.23, Florida Statutes, and the Board of Governors’ delegation to the University of Florida Board of Trustees, authorizes the University to establish regulations and procedures regarding the works and inventions of its personnel, including regulations and procedures regarding patents, copyrights, and trademarks. The University has the authority to agree to the terms of this Article, and any regulations and procedures applied to in-unit faculty shall be consistent with the terms of this Article.
Authority and Responsibilities. The TfN Members’ Board is the ultimate decision-making body within TfN and is responsible for the exercise of all TfN powers. The TfN Members’ Board may delegate its powers to a Committee or any of its officers (to the extent that officer is properly able to exercise that delegation), except:
Authority and Responsibilities. The Lead Independent Director shall have the following authority and responsibilities:
Authority and Responsibilities. The President is the Chief Executive Officer of the College. In the exercise of her reasonable discretion, she will be in charge of administering the College under policies established by the Board and the provisions of the Illinois Community College Act, in a manner as best serves the College. In the exercise of her duties, the President is authorized to exercise all necessary powers and authority incidental thereto.
Authority and Responsibilities. The Executive shall serve as, and with the title, office and authority of, the Vice President, Chief Financial Officer, and Secretary of Parent and the Company. In this capacity, the Executive shall report directly to Xxxxxx Xxxxxx, the President and Chief Executive Officer of Parent and the Company (the "CEO"). The Executive shall also hold such other ancillary titles and offices with Parent or the Company or their respective affiliates as may be reasonably requested by the CEO. Subject to the authority of the CEO, the Executive shall have the full authority of the Vice President, Chief Financial Officer, and Secretary of each of Parent and the Company, and he shall have such duties and responsibilities to Parent and the Company as are commensurate with such authority. The Executive agrees to devote a reasonable portion of her business time, efforts and skills to the performance of her duties and responsibilities under this Agreement. Xxxxxxxx Employment Agreement January 1, 2012
Authority and Responsibilities. The Committee shall have the following specific authority and responsibilities (in addition to any others that the Board may from time to time delegate to the Committee), in each case, subject to any rights conferred on the Company’s shareholders by applicable law or the Company’s Bye-laws:
Authority and Responsibilities. As President, the Executive will have such authority and responsibilities and will perform such executive duties as may be assigned to him by the Chief Executive Officer, including without limitation performing services for affiliates of the Company and its subsidiaries. The Executive will devote substantially all of his full working time and attention to the performance of such duties and to the promotion of the business and interests of the Company. ln order to effectively carry out the duties set forth in this Agreement, the Executive shall reside in the Macon, Georgia area (and agrees to relocate there by the end of calendar year 2023), and maintain a primary office at the Company's corporate offices, and agrees to be physically present at such offices to the extent necessary to effectively fulfill his responsibilities under this Agreement.
Authority and Responsibilities. The Creditors’ Trust Advisory Board shall have the authority and responsibility to oversee, govern, and, as specifically set forth herein, to direct the activities of the Creditors’ Trust and the performance of the Creditors’ Trustee and shall have the authority to remove the Creditors’ Trustee in accordance with Section 5.4 hereof. The Creditors’ Trust Advisory Board shall also (a) monitor and oversee the administration of the Creditors’ Trust and the Creditors’ Trustee's performance of its responsibilities under the Directives, and (b) perform such other tasks as are set forth in the Directives. In all circumstances, except as explicitly provided herein, the Creditors’ Trust Advisory Board shall have fiduciary duties to the Beneficiaries consistent with the fiduciary duties that the members of an official committee of creditors appointed pursuant to section 1102 of the Bankruptcy Code have to the creditor constituents represented by such committee and shall exercise its responsibilities accordingly; provided, that the Creditors’ Trust Advisory Board shall not owe fiduciary obligations to any defendants of State Law Avoidance Claims in their capacities as such, it being the intent of such fiduciary duties to ensure that the Creditors’ Trust Advisory Board’s obligations are to maximize the value of the Creditors’ Trust Assets, including the State Law Avoidance Claims and to ensure that those Beneficiaries justly entitled to receive proceeds of State Law Avoidance Claims receive same in an equitable priority. In all circumstances, subject to the foregoing sentence, the Creditors’ Trust Advisory Board shall act in the best interests of the Beneficiaries and in furtherance of the purpose of the Creditors’ Trust. The Creditors’ Trustee shall consult with and provide information to the Creditors’ Trust Advisory Board in accordance with and pursuant to the terms of this Creditors’ Trust Agreement and the other Directives to enable the Creditors’ Trust Advisory Board to meet its obligations hereunder. Any provision of this Creditors’ Trust Agreement to the contrary notwithstanding, the Creditors’ Trustee shall not be required to obtain the approval or follow the directions of the Creditors’ Trust Advisory Board to the extent that (i) the Creditors’ Trust Advisory Board has not authorized the Creditors’ Trustee to take any action that the Creditors’ Trustee, in good faith, reasonably determines, based on the advice of legal counsel, is required to be taken by appl...
Authority and Responsibilities. The Trust Board shall have the authority and responsibility to oversee, manage, and direct the activities of the Litigation Trust and the performance of the Litigation Trustee and shall have the authority to remove the Litigation Trustee in accordance with Section 5.4 hereof. The Trust Board shall also (a) monitor and oversee the administration of the Litigation Trust and the Litigation Trustee's performance of its responsibilities under this Litigation Trust Agreement and/or the Plan, and (b) perform such other tasks as set forth in this Litigation Trust Agreement and/or in the Plan. In all circumstances, except as explicitly provided herein, the Trust Board shall exercise its responsibilities under the Litigation Trust consistent with fiduciary standards. In all circumstances, the Trust Board shall act in the best interests of the Beneficiaries and in furtherance of the purpose of the Litigation Trust. The Litigation Trustee shall consult with and provide information to the Trust Board in accordance with and pursuant to the terms of this Litigation Trust Agreement and the Plan to enable the Trust Board to meet its obligations hereunder.
Authority and Responsibilities. 1.1 The Partner shall serve as a concept partner of RTI responsible for the development and operation of RTI's Ruby Tuesday(r) concept restaurants (the "Concept"; restaurants in the Concept are herein referred to as a "Restaurant" or "Restaurants") as directed by RTI from time to time. In such capacity, the Partner shall be charged with the general supervision, operation, growth (at a rate not less than fifty (50) new Restaurants each Fiscal Year [hereinafter defined]) and management of the Concept including, without limitation, those objectives set forth on the Strategic Plan attached as Exhibit A hereto. RTI shall have the right to amend, prospectively, Exhibit A, in its sole discretion. Partner shall further perform such other duties related to the Concept as directed and determined from time to time by RTI. The Partner shall report to the Chief Executive Officer of RTI.
