Common use of Duties and Powers Clause in Contracts

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer’s policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Development Officer of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the “Board”). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; provided, however, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive’s performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

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Duties and Powers. During the TermFor so long as Executive is employed by Employer, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation Employer (excluding reasonable vacations and sick leave in accordance with Employer’s 's policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Development Officer of EmployerExecutive Officer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the “Board”)Employer. Executive agrees to devote his full business time to the performance of services hereunder and not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; provided, however, that: (i) passive investment investments of less than 5% of the outstanding securities of any company or any other investment corporation that does do not conflict with Executive’s 's performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Canton Oil & Gas Co)

Duties and Powers. During the Term, Executive Employee agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer’s 's policies consistent with his position); to perform all duties in a professional processional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and Employee agrees to perform all of the duties associated with his position as Senior Vice President and Chief Development Officer of Employerposition, subject to all lawful policies and guidelines as may be established by the Board Chief Executive Officer of Directors of Employer (the “Board”)Employer. Executive Employee agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; provided, however, that: (i) passive investment of less than that 5% of the outstanding securities of any company or any other investment that does not conflict with Executive’s Employee's performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than that 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s Employee's performance of his duties hereunder; and (ii) Executive Employee may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive Employee of his duties and obligations hereunder; and (iii) Employee may engage in non solid waste related business activities and services, provided the time devoted thereto does not interfere with his full and exclusive business time responsibilities. Employer may not require Employee to move or work more that 50 miles from New York City.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer’s policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Development Executive Officer of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the “Board”). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; provided, however, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive’s performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

Duties and Powers. During the TermFor so long as Executive is employed by Employer, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation Employer (excluding reasonable vacations and sick leave in accordance with Employer’s 's policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Development Officer of EmployerFinancial Officer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the “Board”)Employer. Executive agrees to devote his full business time to the performance of services hereunder and not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; provided, however, that: (i) passive investment investments of less than 5% of the outstanding securities of any company or any other investment corporation that does do not conflict with Executive’s 's performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Canton Oil & Gas Co)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer’s 's policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Development Executive Officer of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the "Board"). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; providedPROVIDED, howeverHOWEVER, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive’s 's performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s 's performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Tx Corp)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer’s policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Development Financial Officer of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the “Board”). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; provided, however, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive’s performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer’s policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Development Operating Officer of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the “Board”). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; provided, however, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive’s performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

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Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer’s policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Development Officer Corporate Controller of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the “Board”). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; provided, however, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive’s performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations consisting of twenty (20) working days per year and sick leave in accordance with Employer’s policies 's policy consistent with his position); to perform all duties in a professional and prudent manner, ; to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businessesbusiness. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President President, Chief Executive Officer and Chief Development Officer Chairman of the Board of Employer, subject to all lawful such policies and guidelines as may be established by the Board of Directors of Employer (the “Board”)Employer. Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; provided, however, that: (i) passive investment of investments in less than 55 % of the outstanding securities of public companies, the ownership of which does not violate any company or any other investment that conflicts of interest policy adopted by Employer and does not conflict with Executive’s performance of his duties to Employer hereunder Employer's activities, shall not be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Employee of his duties and obligations hereunder; and (iii) Executive may serve as a non-executive member of the Board of Directors of up to three corporations (it being acknowledged that Executive currently serves as a member of the Board of Directors of American Woodmark Corporation, Bauex Xxx. and Home Fragrance Holdings) provided that such service does not detract from the performance by executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Reliant Building Products Inc)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer’s 's policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President President, Secretary, and Chief Development Officer General Counsel of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the “Board”). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; provided, however, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive’s 's performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s 's performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer’s 's policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Development Officer Region Manager of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the “Board”). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; provided, however, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive’s 's performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s 's performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer’s 's policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Development Officer of EmployerFinancial Officer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the "Board"). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; providedPROVIDED, howeverHOWEVER, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive’s 's performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive’s 's performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Tx Corp)

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