Duties as Employee. Company shall employ Employee and Employee ------------------ shall serve Company as its President and Chief Operating Officer and member of the Board of Directors of Juniata Valley Financial Corporation and the Juniata Valley Bank. Employee shall be assigned duties consistent with the position of President and Chief Operating Officer. During his employment by Company, Employee shall serve Company under the direction of the Board of Directors of Company. He shall perform his duties faithfully, diligently and to the best of his ability and shall devote his full time and best efforts to the affairs of Company. Company shall not, without the prior consent of Employee, transfer or relocate the office in which Employee performs the bulk of his duties to any location which is more than forty (40) miles from Lewistown, Pennsylvania.
Duties as Employee. The Employee shall serve the Company in the capacity of Senior Vice President and Chief Financial Officer of the Company and shall report to, and be subject to the general direction and control of, the Board of Directors of the Company (the "Board"), the Chief Executive Officer ("CEO") of the Company and the President of the Company. The Employee shall perform the executive, management and administrative duties of the Senior Vice President and Chief Financial Officer of the Company and such other executive duties as are from time to time assigned to him by the Board of Directors, CEO or the President and as are not inconsistent with the provisions hereof.
Duties as Employee. The Employee shall serve the Company in the capacity of a Consultant with respect to all operations of the Company and shall report to, and be subject to the general direction and control of, the Board of Directors of the Company (the "Board"), the Chief Executive Officer ("CEO") of the Company and the President of the Company.
Duties as Employee. Xxxxxx agrees to serve as Executive Vice ------------------ President of Business Development for the Company and Chief Operating Officer of the Division during the Employment Period. Xxxxxx'x duties shall be those customary for holders of similar positions at a company similar to the Company and such other duties as are specified by the Company's President or Board of Directors (the "Board"). Xxxxxx shall report directly to Xxxxxx X. Xxxxxxxxx, the Company's President. In case of a reorganization, merger, consolidation, liquidation, dissolution, sale of all or substantially all of the Company's assets or similar event, the Board reserves the right, in its sole discretion, to change or modify Xxxxxx'x duties hereunder as it deems appropriate in good faith. During the Employment Period, Xxxxxx shall devote full time to, and use his best efforts to advance, the business and welfare of the Company. Xxxxxx shall not directly or indirectly render any service of a business, commercial, or professional nature to any other person, organization or other entity, whether for compensation or otherwise, directly or indirectly, without the prior written consent of a majority of the members of the Board.
Duties as Employee. Lee xxrees to serve the Company as Managing Director of DVS-Korea during the Employment Period. Lee'x xxties shall be those customary for a Managing Director of a company similar to DVS-Korea and such other duties as are specified by the Company's Board (the "Board"). In case of a reorganization, merger, consolidation, liquidation, dissolution, sale of all or substantially all of the Company's or DVS-Korea's assets or similar event, the Board reserves the right, in its sole discretion, to change or modify Lee'x xxties hereunder as it deems appropriate in good faith. During the Employment Period, Lee xxall devote full time to, and use his best efforts to advance, the business and welfare of DVS-Korea and of the Company. Lee xxall not directly or indirectly render any service of a business, commercial, or professional nature to any other person, organization or other entity, whether for compensation or otherwise, directly or indirectly, without the prior written consent of a majority of the members of the Board. If requested by the Board, Lee xxall resign from the Board after the Commencement Date. 1.3
Duties as Employee. Maslaney agrees to serve the Company as ------------------ Executive Vice President of Engineering during the Employment Period. Maslaney's duties shall be those customary for an Executive Vice President of Engineering of a company similar to the Company and such other duties as are specified by the Company's President or Board of Directors (the "Board"). Maslaney shall report directly to Xxxxxx X. Xxxxxxxxx, the Company's President. In case of a reorganization, merger, consolidation, liquidation, dissolution, sale of all or substantially all of the Company's assets or similar event, the Board reserves the right, in its sole discretion, to change or modify Maslaney's duties hereunder as it deems appropriate in good faith. During the Employment Period, Maslaney shall devote full time to, and use his best efforts to advance, the business and welfare of the Company. Maslaney shall not directly or indirectly render any service of a business, commercial, or professional nature to any other person, organization or other entity, whether for compensation or otherwise, directly or indirectly, without the prior written consent of a majority of the members of the Board.
Duties as Employee agrees to serve the Company as ------------------ __________________ during the Employment Period. ___________ duties shall be those customary for a ____________________________ of a company similar to the Company and such other duties as are specified by the Company's Board. In case of a reorganization, merger, consolidation, liquidation, dissolution, sale of all or substantially all of the Company's assets or similar event, the Board reserves the right, in its sole discretion, to change or modify ___________ duties hereunder as it deems appropriate in good faith. During the Employment Period, _________ shall devote full time to, and use his best efforts to advance, the business and welfare of the Company. ___________ shall not directly or indirectly render any service of a business, commercial, or professional nature to any other person, organization or other entity, whether for compensation or otherwise, directly or indirectly, without the prior written consent of a majority of the members of the Board.
Duties as Employee. Mariner agrees to serve the Company as ------------------ President and Chief Executive Officer during the Employment Period. Mariner's duties shall be those customary for a President and Chief Executive Officer of a company similar to the Company and such other duties as are specified by the Company's Board of Directors (the "Board"), and he shall report to the Board. Mariner shall also serve as a member of the Board of the Company, and the Company agrees to include Mariner as a nominee for director in its slate of candidates in all proxy materials for shareholder meetings to be held during the Employment Period. During the Employment Period, the Company shall employ or engage no one other than Mariner with his title or functions under this Agreement. During the Employment Period, all officers, employees and consultants of the Company shall report to, and only to, Mariner (directly or through such channels as Mariner shall designate). During the Employment Period, Mariner shall have the full, exclusive and final power and authority to supervise and determine the business, affairs, and operations of the Company, subject only to the ultimate direction of the Board. Without limiting the generality of the immediately preceding sentence, Mariner shall have the full, exclusive and final power and authority, subject only to the ultimate direction of the Board, to initiate any and all action with respect to the Company and supervise or determine all administrative and operational function of the Company with respect to all of its assets and business, including, without limitation, to hire, replace and terminate any and all personnel; to supervise the operation and management of all business facilities, including real and personal property; to acquire and dispose of personal property (wherever acquired); to produce assets and exploit, license, lease and otherwise turn the Company's assets to account, or to refrain therefrom. Mariner's service shall be primarily performed in the greater metropolitan area of Los Angeles, California. During his employment, Mariner shall devote such time and effort as may be necessary to adequately perform his duties under this Agreement. Mariner shall be entitled to manage and direct his own personal investments and business affairs, to participate in such charitable and public interest activities as he may deem appropriate, and to serve on other boards (with the reasonable approval of the Board), all and to the extent that such acti...
Duties as Employee. Xxxxxxxxx agrees to serve the Company as ------------------ President and Chief Operating Officer during the Employment Period. Xxxxxxxxx'x duties shall be those customary for a President and Chief Operating Officer of a company similar to the Company and such other duties as are specified by the Company's Board. In case of a reorganization, merger, consolidation, liquidation, dissolution, sale of all or substantially all of the Company's assets or similar event, the Board reserves the right, in its sole discretion, to change or modify Xxxxxxxxx'x duties hereunder as it deems appropriate in good faith. During the Employment Period, Xxxxxxxxx shall devote full time to, and use his best efforts to advance, the business and welfare of the Company. Xxxxxxxxx shall not directly or indirectly render any service of a business, commercial, or professional nature to any other person, organization or other entity, whether for compensation or otherwise, directly or indirectly, without the prior written consent of a majority of the members of the Board.
Duties as Employee. Demetrios agrees to serve the Company as Chief Executive Officer durixx xxx Xxployment Period. Demetrios will report to the Board of Directors and his duties shall xx xxxxx customary for a Chief Executive Officer of a company similar to the Company and such other duties as are specified by the Company's Board. In case of a reorganization, merger, consolidation, liquidation, dissolution, sale of all or substantially all of the Company's assets or similar event, the Board reserves the right, in its sole discretion to change or modify Demetrios' title or duties hereunder as it deems appropriate in good xxxxx, xxovided, however that his duties as modified shall be substantially similar to those engaged in prior to any such transaction. During the Employment Period, Demetrios shall devote full time to, and use his best efforts to advaxxx, xxx business and welfare of the Company. Demetrios shall not directly or indirectly render any service of a buxxxxxx, xommercial, or professional nature to any other person, organization or other entity, whether for compensation or otherwise, directly or indirectly, without the prior written consent of a majority of the members of the Board. Notwithstanding the foregoing, Demetrios shall be entitled to provide consulting services, to the exxxxx xxx a Competing Activity (as defined in Section 7.1 of this Agreement), subject to the prior written consent of a majority of the members of the Board, such consent by the Board not to be unreasonably withheld.
