Common use of Duties and Status Clause in Contracts

Duties and Status. (a) The Corporation hereby engages the Executive as a full-time executive employee for the period (the "Employment Period") specified in Section 4, and the Executive accepts such employment, on the terms and conditions set forth in this Agreement. During the Employment Period, the Executive shall exercise such authority and perform such executive duties as are commensurate with the authority being exercised and duties being performed by the Executive for the Corporation immediately prior to the effective date of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Image Technology Laboratories Inc), Employment Agreement (Image Technology Laboratories Inc), Employment Agreement (Image Technology Laboratories Inc)

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Duties and Status. (a) The Corporation Companies hereby engages engage the Executive as a full-time executive employee for the period (the "Employment Period") specified in Section 4paragraph 4.1, and the Executive accepts such employment, on the terms and conditions set forth in this Agreement. During the Employment Period, the Executive shall exercise such authority and perform such executive duties as are commensurate with an Executive Vice President of the authority being exercised and duties being performed by the Executive for the Corporation immediately prior to the effective date of this AgreementBank.

Appears in 3 contracts

Samples: Employment Agreement (Columbia Bancorp), Employment Agreement (Columbia Bancorp), Employment Agreement (Columbia Bancorp)

Duties and Status. (a) 1.1.1. The Corporation hereby engages the Executive as a full-time executive employee for the period (the "Employment Period") specified in Section 4, 4 and the Executive accepts such employment, on the terms and conditions set forth in this Agreement. During the Employment Period, the Executive shall exercise such authority and perform such executive duties as are commensurate with the authority being exercised and duties being performed by the Executive for the Corporation immediately prior to the effective date of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Spherix Inc)

Duties and Status. (a) 1.1.1. The Corporation hereby engages the Executive as a full-time executive employee for the period (the "Employment Period") specified in Section 4, 4 and the Executive accepts such employment, on the terms and conditions set forth in this Agreement. During the Employment Period, the Executive shall exercise such authority and perform such executive duties as are commensurate with the authority being exercised and duties being performed by the Executive for the Corporation immediately prior to the effective date of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Biospherics Inc)

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Duties and Status. (a) The Corporation hereby engages shall continue to engage the Executive as a full-time executive employee for the period specified in Section 5 hereof (the "Employment Period") specified in Section 4), and the Executive accepts such employment, on the terms and conditions set forth in this Agreement. During At all times during the Employment Period, the Executive shall exercise such authority and perform such executive duties as are commensurate with hold the authority being exercised and duties being performed by the Executive for the Corporation immediately prior to the effective date of this Agreement.office of

Appears in 1 contract

Samples: Executive Employment Agreement (Ac Acquisition Subsidiary Inc)

Duties and Status. (a) 1.1.1. The Corporation hereby engages the Executive as a full-time executive employee for the period (the "Employment Period") specified in Section 4, 4 and the Executive accepts such employment, on the terms and conditions set forth in this Agreement. During the Employment Period, the Executive shall exercise such authority and perform such executive duties serve as are commensurate with the authority being exercised and duties being performed by the Executive Officer for the Corporation immediately prior Science, reporting directly to the effective date Chief Executive Officer of this Agreementthe Corporation.

Appears in 1 contract

Samples: Employment Agreement (Spherix Inc)

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