Duties Sample Clauses


Duties. During his employment, the Executive shall devote substantially all of his working time, energies and skills to the benefit of the Companys business. The Executive shall serve the Company diligently and to the best of his ability and use his best efforts to follow the policies and directions of the Companys Chief Executive Officer and of the Board. The Executive may engage in charitable, civic or community activities, manage his personal investments and, with prior approval of the Board of Directors of the Company (the Board), may serve as a director of any other business corporation, provided that such activities or service do not materially interfere with the Executives duties hereunder or violate the terms of any of the covenants contained in Section 12 hereof.


Duties. During the Term, the Executive shall serve as Chief Financial Officer and Treasurer of the Company and such other or additional positions as an officer or director of the Company, and of such direct or indirect affiliates of the Company (Affiliates), as the Executive and the board of directors of the Company (the Board) or its designee shall mutually agree from time to time. In such positions, the Executive shall perform such duties, functions and responsibilities during the Term commensurate with the Executives positions as reasonably directed by the Board.

Duties. During the Period of Employment, the Executive shall devote their full business time, attention and skill to the business and affairs of the Company and its Affiliates. The Executive will perform faithfully the duties that may be assigned to him from time to time in accordance herewith by the Chief Executive Officer of the Company.

Duties. During the Term, the Executive will devote his full time and attention during normal business hours to the business and affairs of the Company and its subsidiaries (the Business); provided, however, that the Executive will be permitted to devote reasonable periods of time to charitable and community activities, so long as such activities do not interfere with the performance of the Executives responsibilities under this Agreement.

Duties. Employee, during the term of this Agreement, shall perform the duties usually and customarily associated with the office specified in paragraph (1) above and as assigned to Employee from time-to-time by the Chief Executive Officer of the Company. As a part of Employees duties it is agreed that Employee will become familiar with and comply with Employees duties under the Sarbanes-Oxley laws and under the Companys corporate governance policies, and Employee will promptly execute the necessary public filings and certify the contents of such documents on the date of their filing. Employee shall devote Employees best efforts and substantially all of Employees time during business hours to advance the interests of the Company. Employee shall not engage in business activity in competition with the Company.

Duties. Employee will report to the Chief Executive Officer (CEO) of the Company, performing such duties as are normally associated with his position and such duties as are assigned to him from time to time, subject to the oversight and direction of the CEO. Employee shall perform his duties under this Agreement principally out of the Companys corporate headquarters to be established within twenty-five (25) miles of Chapel Hill, North Carolina or such other location as assigned. In addition, the Employee shall make such business trips to such places as may be necessary or advisable for the efficient operations of the Company.

Duties. The Company requires that the Director be available to perform the duties of an independent director customarily related to this function as may be determined and assigned by the Board of Directors of the Company and as may be required by the Company's constituent instruments, including its certificate or articles of incorporation, bylaws and its corporate governance and board committee charters, each as amended or modified from time to time, and by applicable law, including the Nevada General Corporation Law. The Director agrees to devote as much time as is necessary to perform completely the duties as the Director of the Company, including duties as a member of the Audit Committee and such other committees as the Director may hereafter be appointed to. The Director will perform such duties described herein in accordance with the general fiduciary duty of directors arising under the Nevada General Corporation Law and Chapter 78 of the Nevada Revised Statutes.


Duties. During the Employment Term, the Executive shall devote as much time as necessary of his business time and attention to the performance of the Executive's duties hereunder. Notwithstanding the foregoing, the Executive will be permitted to act or serve as a director, trustee, committee member, or principal of any type of business, civic, or charitable organization in accordance with the Company's Conflict of Interest Policy, and (b) may purchase or own other publicly traded securities less than five percent (5%) of the publicly traded securities of any corporation; provided that, such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation; provided further that, the activities described in clauses (a) and (b) do not interfere with the performance of the Executive's duties and responsibilities to the Company as provided hereunder. (c) may own other publicly traded securities over five percent (5%) with the proper disclosure mandated by SEC regulation.

Duties. Executive shall do and perform all services, acts or things necessary or advisable to manage and conduct the business of the Company and that are normally associated with the position of Chief Executive Officer and President. Executive shall report to the Board.

Duties. During the Term, the Executive shall report to the Board of Directors and shall initially perform such duties and responsibilities as Holding Co.s Board of Directors may determine. The Executive and Holding Co. shall create a job description which outlines the duties and responsibilities that the Executive shall perform. Such job description shall be mutually created within one year of the Executives employment. The Executive shall comply fully with all applicable laws, rules and regulations as well as with Holding Co.s policies, compliance manuals and procedures. The Executive shall devote his entire working time to the business of Holding Co. and shall use his best efforts, skills and abilities in his diligent and faithful performance of his duties and responsibilities hereunder. During the Term, the