Duties and Responsibility Sample Clauses
The "Duties and Responsibility" clause defines the specific obligations and tasks that each party is required to perform under the agreement. It typically outlines the roles, expected conduct, and deliverables for each party, such as providing services, meeting deadlines, or maintaining certain standards. By clearly delineating these responsibilities, the clause helps prevent misunderstandings and ensures that all parties are aware of their commitments, thereby promoting accountability and smooth contract execution.
Duties and Responsibility. The Intern will serve as [INSERT POSITION TITLE] and will report directly to [INSERT SUPERVISOR’S NAME AND POSITION]. The Intern agrees to perform tasks assigned by the Company, which may include, but are not limited to: assisting with [INSERT SPECIFIC TASKS]; conducting research on [INSERT TOPICS]; preparing reports and presentations; and participating in team meetings and projects. The Intern’s main point of contact during the internship will be [NAME OF INTERN COORDINATOR]. The Intern will have regular meetings with [NAME OF INTERN COORDINATOR] to discuss the Intern’s learning objectives and any problems or complaints the Intern may have. The Intern shall give [NAME OF INTERN COORDINATOR] as much notice as possible if the Intern is unable to attend any part of the internship when expected.
Duties and Responsibility. The designated LLC Managers shall have a fiduciary responsibility for the safekeeping and use of all funds and assets of the Company and the Series for which they are responsible, and all such funds and assets shall be used in accordance with the terms of this Agreement. Notwithstanding the foregoing sentence, to the extent that, at law or in equity, an LLC Manager or Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the Company, any Series or to any Member, any such LLC Manager or Covered Person acting under this Agreement shall not be liable to the Company, any Series or to any Member for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of an LLC Manager or Covered Person otherwise existing at law or in equity, are agreed by the Members to replace such other duties and liabilities of such LLC Manager or Covered Person.
Duties and Responsibility. The designated Series Managers shall have a fiduciary responsibility for the safekeeping and use of all funds and assets of the Series of the Company for which they are responsible, and all such funds and assets shall be used in accordance with the terms of this Agreement Notwithstanding the foregoing sentence to the extent that at law or in equity a Member Manager or Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the Company, any Series or to any Member, any such Member, Manager or Covered Person acting under this Agreement shall not be liable to the Company, any Series or to any Member for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Member, Manager or Covered Person otherwise existing at law or in equity, are agreed by the Members to replace such other duties and liabilities of such Member, Manager or Covered Person.
Duties and Responsibility. 1. After the transfer of the Shares in the Company to MagiNet GmbH will have become effective, ▇▇. ▇▇▇▇▇▇ Kaesbach shall be employed as Managing Director of the Company on the basis of this Managing Director's Service Agreement. The managing director's service agreements so far in force and all related side agreements thereto - also to the extent that they are based on a shareholder's resolution - shall be terminated. This does not apply to the pension agreement between the company and the Managing Director in the version existing at the signing of this contract.
2. The Managing Director shall represent the Company both in and out of court always alone. He is released from the restrictions set forth in Sec. 181 German Civil Code.
3. Unless otherwise provided for in this Agreement, the rights and duties of the Managing Director shall be subject to the Articles of Association of the Company, as amended from time to time, the rules of procedure as amended from time to time, and the laws, particularly the Limited Liability Companies' Act.
4. The Company reserves the right at any time to appoint further managing directors and establish different rules of representation. Prior to December 31, 1999 the Managing Director shall only be removed and additional managing directors shall only be appointed, after the minimum targets - under exception of the category "average monthly net revenue per room" - of the Earnout-Plan stipulated between MagiNet GmbH, MagiNet Corp., the Company, ▇▇. ▇▇▇▇▇▇ Kaesbach and the Managing Director in the Share Purchase Agreement dated November 05, 1996 (Attachment 3 to the Share Purchase Agreement) for the preceding fiscal year were not achieved. The right to remove the managing director for important cause in respect of the person (in der Person) or the behaviour (im Verhalten) of the Managing Director and the right to newly appoint a managing director in this connection remain unaffected.
Duties and Responsibility i The Auction Agent is acting solely as agent for the Company hereunder and owes no fiduciary duties to any other Person by reason of this Agreement.
Duties and Responsibility. 7.1 Employees will safely, diligently and faithfully perform all the duties and responsibilities of their employment in accordance with the position description. Employees also undertake to:
7.2 Devote the whole of their working time and attention and use the employee's best endeavors, to deliver quality client care, and further the development, reputation and business of the Company
7.3 To observe all lawful directions, orders, instructions and policies (as varied from time to time) of the Company
7.4 It is understood that due to the changing industry environment and our clients' dynamic needs that there is a need for workplace flexibility. Therefore, an employee's position description may need to change to reflect that environment during the life of the employment relationship. These changes will occur through a process of consultation, due consideration of the employee's skill and competence levels and an acknowledgement that additional training will be provided if required.
7.5 Given the geographic dispersion of our clients, we will work together as a team to best match the types of services required with the location of the employee and the client to minimize travel.
Duties and Responsibility of Trustee In Case of Default Prior to Default; When Acting Under Direction of Beneficiary...
Duties and Responsibility. The duties and responsibilities will be advised to the employee by the company from time to time. The duties and responsibilities may be varied by the company after consulting with the employees, provided that they are within their range skills, competence and training. At all times in performing duties and responsibilities, employees are to;
Duties and Responsibility. The Contractor agrees to perform the duties and assume the responsibility described in detail in the job description and key performance indicator attached to and incorporated by reference in the letter of assignment. The contractor will perform said duties in an efficient and trustworthy manner.
Duties and Responsibility