Duties and Powers of Executive Sample Clauses

Duties and Powers of Executive. (a) Position; Location. Initially, the Executive shall serve as Vice President and Chief Financial Officer of the Company and shall report to the President and Chief Executive Officer (“CEO”) of the Company and to duly constituted committees of the Board of Directors of the Company within the scope of their respective areas of responsibility. The Executive shall perform such duties and services pertaining to such position as reasonably directed by the President and CEO with the duties and authority of officers holding comparable positions in similar businesses of similar size in the United States. The Executive shall have the primary management responsibility in connection with the selection, retention and termination of employees of the Company and outside consultants, contractors, professionals and service providers to the Company, subject to the overall authority of the President and CEO. The Executive shall use his reasonable best efforts to carry out such responsibilities faithfully and efficiently. The Executive's services shall be performed primarily at the Company's headquarters, which shall be located at the Scottsdale, Arizona Mayo Research Facility and the Phoenix metropolitan area.
Sample 1
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Duties and Powers of Executive. Subject to all of the terms and conditions hereof, the Company shall employ Executive as Senior Vice President--Operations of the Company. During the Employment Period, Executive shall have these powers and duties normally associated with the position of Senior Vice President--Operations and such other powers and duties as may be prescribed by the Company; provided, that, such powers and duties are consistent with Executive's position. During the Employment Period, Executive shall exclusively devote his professional and business time (other than absences due to illness or vacation) to Executive's duties hereunder, except that Executive may serve on boards of directors or advisory boards of charitable organizations for reasonable amounts of time and make reasonable personal investments; provided, that, such activities do not interfere with his services to the Company.
Sample 1
Duties and Powers of Executive. Subject to all of the terms and conditions hereof, during the Employment Period, the Company shall employ Executive as Chief Executive Officer and President of the Company. In addition, during the Employment Period, Executive shall also serve in such capacity for any and all subsidiaries of the Company, unless Executive waives such assignment. During the Employment Period, Executive shall be responsible for the management and operation of the Company and its subsidiaries, will have full authority to manage, operate and take all acts, do all things and execute all documents or assurances as he, in his discretion, deems necessary, desirable or useful, including, but not limited to, the (i) hiring, terminating and supervising decisions with respect to all employees of the Company and its subsidiaries; (ii) coordinating the management team for the Company and its subsidiaries, including instructing all Company and subsidiary officers as to their working role in the daily affairs of the Company and its subsidiaries; and (iii) attending to all matters requiring legal attention and instituting all legal action or proceedings with regard to the ordinary course of the routine affairs of the Company and its subsidiaries, all subject to the direction and control of the Board of Directors of the Company (the "Board"). During the Employment Period, Executive shall report and be accountable only to the Board. Executive shall also serve on the Board for no additional compensation. During the Employment Period, Executive shall exclusively devote his professional and business time (other than absences due to illness or vacation) to Executive's duties hereunder, except that Executive may serve on boards of 2 directors or advisory boards of charitable organizations for reasonable amounts of time and make reasonable personal investments provided that such activities do not interfere with his services to the Company.
Sample 1
Duties and Powers of Executive. Subject to all terms and conditions hereof, the Company shall employ Executive as, and Executive shall serve as, Chairman, President and Chief Executive Officer of the Company. Executive shall have all duties customarily associated with the office of chief executive officer, shall have primary management responsibility for the Company and its businesses, and shall perform such other duties consistent with the position of chief executive officer as may be specified from time to time by the Board of Directors of the Company (the "Board"), to whom Executive shall report. While Executive is employed by the Company, Executive shall devote full time to Executive's duties hereunder and shall not accept other employment or engage in other material business activity, except as may be approved in writing by the Board.
Sample 1
Duties and Powers of Executive. Executive is hereby employed as President to perform and undertake the duties and responsibilities normally and ordinarily attendant to such position. Without limiting or excluding other duties and responsibilities, Executive shall direct the day to day functioning and conduct of the business of the Company and in so doing shall: (i) possess and exercise the exclusive power to hire and fire all employees of the Company (unless specifically otherwise directed by the Board of Directors); (ii) possess and exercise the exclusive power to engage and disengage all consultants and outside professionals used by the Company (unless specifically otherwise directed by the Board of Directors); (iii) direct the use and control of finances; (iv) borrow or obtain credit in any amount or execute any guaranty agreement; and, (v) create and implement policies and procedures of the Company. In recognition of Executive's status as an owner or controller of a substantial percentage of the outstanding common shares of the Company, any effort by Company to diminish Executive's duties and powers absent the agreement of Executive evidenced by the express written consent of Executive may be deemed a termination without cause, thereby entitling Executive to the remedies provided herein for Company's termination without cause. See Section 6, below.
Sample 1
Duties and Powers of Executive. (a) Subject to all of the terms and conditions hereof, during the Employment Period, the Company shall employ Executive as Chief Financial Officer, Senior Vice-President Finance and Secretary of the Company. In addition, during the Employment Period, Executive shall also serve in such capacity for any and all subsidiaries of the Company, unless Executive waives such assignment. During the Employment Period, Executive shall have these powers and duties normally associated with the position of Chief Financial Officer including responsibility for all financial and accounting affairs of the Company and its subsidiaries, and such other powers and duties as may be prescribed by the Company; provided, that, such powers and duties are consistent with Executive’s position. During the Employment Period, Executive shall exclusively devote his professional and business time (other than absences due to illness or vacation) to Executive’s duties hereunder, except that Executive may serve on boards of directors or advisory boards of charitable organizations for reasonable amounts of time and make reasonable personal investments; provided, that, such activities do not interfere with his services to the Company.
Sample 1
Duties and Powers of Executive. (a) POSITION; LOCATION. During the Employment Period, the Executive shall be employed as Executive Vice President, and President, Global Pharmaceuticals, of the Company, or in such other substantially equivalent position requested by the Chief Executive Officer of the Company (the "CEO") for which the Executive is qualified by education, training and experience. The Executive will serve as an officer of the Company, and will report directly to the CEO. The Executive's services shall be performed at the Company's present campus in Kenilworth, New Jersey or, subject to Section 4(c)(ii), any location at which the headquarters of the Company is hereafter located.
Sample 1
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Duties and Powers of Executive 
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Related to Duties and Powers of Executive

  • Duties and Powers The business and affairs of the Corporation shall be managed by or under the direction of the Board of Directors which may exercise all such powers of the Corporation and do all such lawful acts and things as are not by statute or by the Certificate of Incorporation or by these By-Laws required to be exercised or done by the stockholders.

  • Duties of Executive Executive shall serve as the Chief Executive Officer and President of the Corporation and of the Bank reporting only to the Boards of Directors of the Corporation and the Bank. Executive shall have such other duties and hold such other titles as may be given to him from time to time by the Boards of Directors of the Corporation and the Bank provided that such duties are consistent with the Executive’s position as Chief Executive Officer and President.

  • Duties and Position the Company hires the Employee in the capacity of Secretary and Director. the Employee’s duties may be reasonably modified at the Company’s discretion from time to time.

  • Duties and Authority of Officers Except as modified by the Governance Board, the duties and authorities of the Officers are as set forth in Schedule 8.2.

  • Duties and Responsibilities of Executive During the Employment Period, Executive shall devote his full working time to (a) the business of the Company and its Affiliates and (b) performance of the duties and responsibilities assigned to Executive to the best of Executive’s ability and with reasonable diligence. Executive’s Employment shall also be subject to the policies maintained and established by the Company, as such policies may be amended from time to time. Executive shall at all times use his best efforts to comply in good faith with laws applicable to Executive’s actions on behalf of the Company and its Affiliates.

  • Duties of the Executive 3.1 The Executive shall at all times during the period of this Agreement:

  • Duties of the Employee The Executive represents and warrants that the performance by Executive of the Executive’s duties and obligations under this Agreement will not violate any agreement between the Executive and any other person, firm, partnership, corporation or other organization.

  • Duties of Consultant The Consultant agrees that it will generally provide the following specified consulting services through its officers and employees during the term specified in Section 1, above.

  • Limitations on the Employment of the Adviser The services of the Adviser to the Company are not exclusive, and the Adviser may engage in any other business or render similar or different services to others including, without limitation, the direct or indirect sponsorship or management of other investment based accounts or commingled pools of capital, however structured, having investment objectives similar to those of the Company, so long as its services to the Company hereunder are not impaired thereby, and nothing in this Agreement shall limit or restrict the right of any manager, partner, officer or employee of the Adviser to engage in any other business or to devote his or her time and attention in part to any other business, whether of a similar or dissimilar nature, or to receive any fees or compensation in connection therewith (including fees for serving as a director of, or providing consulting services to, one or more of the Company’s portfolio companies, subject to applicable law). So long as this Agreement or any extension, renewal or amendment remains in effect, the Adviser shall be the only investment adviser for the Company, subject to the Adviser’s right to enter into sub-advisory agreements. The Adviser assumes no responsibility under this Agreement other than to render the services called for hereunder. It is understood that directors, officers, employees and stockholders of the Company are or may become interested in the Adviser and its affiliates, as directors, officers, employees, partners, stockholders, members, managers or otherwise, and that the Adviser and directors, officers, employees, partners, stockholders, members and managers of the Adviser and its affiliates are or may become similarly interested in the Company as stockholders or otherwise.

  • Duties and Scope of Employment The Company shall employ the Executive in the position of Senior Vice President in charge of Human Resources with such duties, responsibilities and compensation as in effect as of the Effective Date. The Board and the Chief Executive Officer of the Company (the “CEO”) shall have the right to revise such responsibilities and compensation from time to time as the Board or the CEO may deem necessary or appropriate. If any such revision constitutes “Involuntary Termination” as defined in Section 6(c) of this Agreement, the Executive shall be entitled to benefits upon such Involuntary Termination as provided under this Agreement.

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