Common use of Term and Duties Clause in Contracts

Term and Duties. Employers hereby agree to employ Executive as President, Hexacomb, commencing on October 12, 2005 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 4. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Hexacomb CORP)

AutoNDA by SimpleDocs

Term and Duties. Employers hereby agree to employ Executive as President, Hexacomb, the Vice President - Finance commencing on October 12November 1, 2005 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 45. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, and together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, including treasury, accounting, audit, investor relations, human resources and information technology functions, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Vycom Corp.)

Term and Duties. Employers hereby agree to employ Executive as President, Hexacomb-Protective Packaging North America, commencing on October 12December 11, 2005 2007 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 4. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Pregis Holding II CORP)

Term and Duties. Employers hereby agree to employ Executive as President, HexacombProtective Packaging North America, commencing on October 12, 2005 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 4. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Hexacomb CORP)

Term and Duties. Employers Employer hereby agree agrees to employ Executive as President, HexacombSenior Vice President — People Services, commencing on October 12July 1, 2005 2006 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 45. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, and together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, Employer and to the promotion of their its interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”)) and the Chief Executive Officer of Employer. Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers Employer and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Santana Products, Inc.)

AutoNDA by SimpleDocs

Term and Duties. Employers hereby agree to employ Executive as Vice President, HexacombSecretary and General Counsel, commencing on October 12December 1, 2005 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 4. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Hexacomb CORP)

Term and Duties. Employers hereby agree to employ Executive as President, HexacombVice President and Chief Financial Officer, commencing on October 12his first day of full time employment, 2005 but no later than September 4, 2007 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 4. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Pregis Holding II CORP)

Term and Duties. The Employers hereby agree to continue to employ Executive as PresidentVice President and Chief Financial Officer until May 30, Hexacomb, commencing on October 12, 2005 2011 (the “Start Date”) and continuing for a period of three (3) years (the “"Initial Term") or until terminated in accordance with this Section 1 or Section 4. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s 's employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a "Subsequent Term” and, " and together with the Initial Term, the "Term") until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s 's duties on behalf of Employers, including treasury, accounting, audit, investor relations, information technology and procurement functions, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the "Board"). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Santana Products Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.