Employment and Directorship Sample Clauses

Employment and Directorship. The Company agrees to employ the Executive, and the Executive agrees to be employed by the Company, on and subject to the terms and conditions set forth in this Agreement. In addition, the Executive shall continue to serve as a member of the Board, and shall be nominated for re-election to the Board during the term of this Agreement, subject to the Board’s fiduciary duties.
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Employment and Directorship. 1 (a) Employment 1 (b) Directorship 1
Employment and Directorship. (a) Company agrees to (i) employ Executive, and shall appoint Executive, as its Co-Chairman and Co-Chief Executive Officer (for clarification, such position shall be shikko-yaku (executive officer) under the Japanese Corporation Act), (ii) cause Metaldyne to continue to employ Executive as President and Chief Executive Officer of Metaldyne and (iii) appoint Executive as a director of Company, subject to shareholder approval. In his capacity as Co-Chairman of Company, Executive shall be primarily responsible for establishing, together with the Board of Directors of Company (the "Board"), strategies, business goals and other long-term plans for the business and operations of Company and its subsidiaries (including Metaldyne) and such other duties commensurate with his position as directed from time to time by the Board, except that the other Co-Chairman of Company shall be primarily responsible for matters relating to technology and research and development and shall participate in matters relating to sales efforts on key global accounts. In his capacity as Co-Chief Executive Officer of Company and as President and Chief Executive Officer of Metaldyne, Executive shall be responsible for the day-to-day management and operations of Metaldyne and its subsidiaries and their businesses and such other duties commensurate with his position as directed from time to time by the Board. In each capacity, Executive shall report to the Board. Executive accepts employment in accordance with this Agreement and agrees to devote his full business time and efforts to the performance of his duties and responsibilities hereunder, subject at all times to review and control of the Board; provided that Company hereby acknowledges that Executive will enter into an agreement with RHJ International, S.A. or one of its affiliates ("RHJI") to provide services to RHJI as an industrial partner and Company agrees that Executive shall be permitted under this Agreement to provide such services to RHJI and that the provision of such services shall not constitute Cause (as defined below) or violate any provision of this Agreement. During the Term of Employment (as defined below), Executive also agrees to serve, if elected, as an officer or director, or both, of Company or any subsidiary, limited liability company or other business entity of which Company or Metaldyne holds at least a fifty percent (50%) ownership interest, without the payment of any additional compensation therefor, provided ...
Employment and Directorship. Christian hereby resigns as an officer and employee of Callon, and resigns as a member of the Board of Directors of Callon. Christian's resignation of employment with Callon and his resignation from the Board of Directors will be effective as of March 9, 2004 ("Retirement Date").
Employment and Directorship 

Related to Employment and Directorship

  • Employment of Consultant CONSULTANT will perform as an independent contractor all services under this Contract to the prevailing professional standards consistent with the level of care and skill ordinarily exercised by members of its profession, both public and private, currently practicing in the same locality under similar conditions, including reasonable, informed judgments and prompt, timely action. If CONSULTANT is representing that it has special expertise in one or more areas to be utilized in this Contract, then CONSULTANT agrees to perform those special expertise services to the appropriate local, regional or national professional standards.

  • Employment of Consultants Part A General Consultants’ services shall be procured in accordance with the provisions of the Introduction and Section IV of the “Guidelines: Selection and Employment of Consultants by World Bank Borrowers” published by the Bank in January 1997 and revised in September 1997 and January 1999 (the Consultant Guidelines) and the following provisions of Section II of this Schedule. Part B: Quality- and Cost-based Selection

  • Employment of Consultants In order to assist the Borrower in carrying out the Project, the Borrower shall employ consultants whose qualifications, experience and terms and conditions of employment shall be satisfactory to the Association. Such consultants shall be selected in accordance with principles and procedures satisfactory to the Association on the basis of the "Guidelines for the Use of Consultants by World Bank Borrowers and by the World Bank as Executing Agency" published by the Bank in August 1981. SCHEDULE 4 Special Account

  • Outside Employment Employees may engage in other employment outside of their State working hours so long as the outside employment does not involve a conflict of interest with their State employment. Whenever it appears that any such outside employment might constitute a conflict of interest, the employee is expected to consult with his/her appointing authority or other appropriate agency representative prior to engaging in such outside employment. Employees of agencies where there are established procedures concerning outside employment for the purpose of insuring compliance with specific statutory restrictions on outside employment are expected to comply with such procedures.

  • Employment of Executive Employer hereby agrees to employ Executive, and Executive hereby agrees to be and remain in the employ of Employer, upon the terms and conditions hereinafter set forth.

  • Employment of Employee (a) Except as provided in Sections 2(b), 2(c) and 2(d), nothing in this Agreement shall affect any right which Employee may otherwise have to terminate Employee’s employment, nor shall anything in this Agreement affect any right which the Company may have to terminate Employee’s employment at any time in any lawful manner.

  • Employment and Employee Benefits Matters SECTION 6.7 Directors’ and Officers’ Indemnification and Insurance *

  • Other Employment Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under this section 3, and the obtaining of any such other employment shall in no event result in any reduction of Company’s obligations to make the payments and arrangements required to be made under this section 3, except to the extent otherwise specifically provided in this Agreement.

  • RESTRICTIONS ON EMPLOYMENT OF FORMER STATE OFFICER OR EMPLOYEE The Engineer shall not hire a former state officer or employee of a state agency who, during the period of state service or employment, participated on behalf of the state agency in this agreement’s procurement or its negotiation until after the second anniversary of the date of the officer’s or employee’s service or employment with the state agency ceased.

  • Employment and Compensation The following terms and conditions will govern the Executive’s employment with the Company throughout the Term.

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