Duties and Powers of the Executive Sample Clauses

Duties and Powers of the Executive. As Chairman and Chief Executive Officer of the Company, the Executive shall have all duties customarily associated with the offices of chairman and chief executive officer of a significant business enterprise, shall have primary management responsibility for the Company, shall chair the governing board of the Company, and shall perform such other duties consistent with the offices of Chairman and Chief Executive Officer as may be specified by the Board of Directors of the Company, to whom the Executive shall report. While the Executive is employed by the Company hereunder, the Executive shall devote substantially all of his business time and energy to the performance of his duties hereunder and shall not accept other employment with or engage in or render services to any other business or enterprise; provided, however, that nothing in this Agreement shall preclude the Executive from serving as, and receiving compensation for serving as, a director or member of a committee of any corporation or other business organization involving no conflict of interest with the interests of the Company and its Subsidiaries (as defined in Section 9 hereof), engaging in charitable and community activities, or managing his personal investments as long as such activities do not materially interfere with the regular performance of his duties under this Agreement. Notwithstanding anything to the contrary stated herein, in no event shall the Executive be required to be based in a location which would require him to change his residence to a location outside of the Minneapolis, Minnesota metropolitan area.
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Duties and Powers of the Executive. Subject to all terms and conditions hereof, the Company shall employ the Executive as Chairman and Chief Executive Officer of the Company. The Board of Directors of the Company has, effective as of the Executive's first day of actual employment with the Company, appointed the Executive as, and the Executive shall serve as, Chairman and Chief Executive Officer of the Company. As Chairman and Chief Executive Officer of the Company, the Executive shall have all duties customarily associated with the offices of chairman and chief executive officer of a significant business enterprise, shall have primary management responsibility for the Company, shall chair the governing board of the Company, and shall perform such other duties consistent with the offices of Chairman and Chief Executive Officer as may be specified by the Board of Directors of the Company, to whom the Executive shall report. During the Employment Period, the Executive shall devote full time to the Executive's duties hereunder, except that the Executive may continue to serve on the boards of directors of business corporations and charitable organizations on which he currently serves for reasonable amounts of time and make reasonable personal investments, and shall not accept other employment or engage in other material business or charitable activities, except as approved in writing in advance by the Chair of the Executive Committee of the Board of Directors of the Company.
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Duties and Powers of the Executive. The Executive must faithfully and diligently perform their duties and exercise their powers consistent with the Position:
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Duties and Powers of the Executive. As President of the Company, the Executive shall have all duties customarily associated with the office of president of a significant business enterprise, and shall perform such duties consistent with the office of President as may be specified by the Board of Directors of the Company, to whom the Executive shall report. While the Executive is employed by the Company hereunder, the Executive shall devote substantially all of his business time and energy to the performance of his duties hereunder and shall not accept other employment with or engage in or render services to any other business or enterprise; provided, however, that nothing in this Agreement shall preclude the Executive from serving as, and receiving compensation for serving as, a director or member of a committee of any corporation or other business organization involving no conflict of interest with the interests of the Company and its Subsidiaries (as defined in Section 9 hereof), engaging in charitable and community activities, or managing his personal investments as long as such activities do not materially interfere with the regular performance of his duties under this Agreement. Notwithstanding anything to the contrary stated herein, in no event shall the Executive be required to be based in a location which would require him to change his residence to a location outside of the Minneapolis, Minnesota metropolitan area.
Sample 1
Duties and Powers of the Executive 
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Related to Duties and Powers of the Executive

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

  • 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 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.

  • AGREEMENTS OF THE EXECUTIVE In consideration of the compensation and benefits to be paid or provided to the Executive by the Employer under this Agreement, the Executive covenants as follows:

  • Covenants of the Executive In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly:

  • Representations of the Executive The Executive represents and warrants to the Company that:

  • Obligations of the Executive The Executive agrees:

  • 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 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.

  • Covenants of the Employee In consideration of the acknowledgments by the Employee, and in consideration of the Compensation to be paid or provided to the Employee by the Employer, the Employee covenants that the Employee will not, directly or indirectly:

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