Employment and Positions Sample Clauses

Employment and Positions. During the Term (defined below), QTS LLC shall employ Executive as the CEO of the Company, upon the terms and conditions set forth in this Agreement, and Executive shall report directly to the Board of Managers (or Board of Directors or other comparable governing body, as applicable) of the General Partner (the “Board”), unless otherwise determined by the Board. In addition, during the Term, Executive shall serve as the CEO of the General Partner and shall report to the Board, unless otherwise determined by the Board.
Sample 1
AutoNDA by SimpleDocs
Employment and Positions. The Company and the Bank hereby agree to employ the Executive, and the Executive hereby agrees to be employed by the Company and the Bank, for the Employment Period (as defined below). During the Employment Period, the Executive shall serve as President and Chief Executive Officer of the Company and President and Chief Executive Officer of the Bank, and shall report, respectively, to the Board of Directors of the Company (the “Company Board”) and the Board of Directors of the Bank (the “Bank Board” and, together with the Company Board, the “Boards”), performing such duties and responsibilities as are customarily attendant to such positions with respect to the business of the Company and the Bank and such other duties and responsibilities as may from time to time be assigned to the Executive by the Boards (as applicable). During the Employment Period, the Executive shall also continue to serve, to the extent requested by the Company Board, as a member of the Bank Board, without additional compensation. In addition, if and when elected by the Company Board to fill a vacancy or nominated by the Company Board for election by the Company’s stockholders and subject to election by such stockholders, the Executive shall also serve as a member of the Company Board, without additional compensation.
Sample 1
Employment and Positions. The Company employs Employee and Employee accepts employment by the Company as an officer of the Company with the title of "Vice President of Operations" for the Period of Employment specified in Paragraph 3. The duties of the position are generally described as to develop, manage, and have accountability for the operations of the Company. This includes synfuel operations, wash plants, and may include future metals business operations and identifying, acquiring and operating power generating facilities. Employee will be responsible for the day to day and long term business decisions including, but not limited to, operations, maintenance, planning, economic, and human resource matters. Such position and title including related duties and responsibilities may be changed during the term of this contract provided that such Employee continues as an officer and provided further that compensation for services are not reduced due to such title and/or position change.
Sample 1
Employment and Positions. The Company employs Employee and Employee accepts employment by the Company as an officer of the Company with the title of "Senior Vice President of Engineering and Development" for the Period of Employment specified in Paragraph 3 ("Period of Employment"). Such position and title including related duties and responsibilities may be changed during the term of this contract provided that such Employee continues as an officer and provided further that compensation for services are not reduced due to such title and/or position change.
Sample 1
Employment and Positions. The Company and the Bank hereby agree to employ Executive, and Executive hereby agrees to be employed by the Company and the Bank, for the Employment Period (as defined below). During the Employment Period, Executive shall serve as Chief Executive Officer of the Company and Chief Executive Officer of the Bank, and shall report to the Executive Chairman. During the Employment Period, Executive shall perform such duties as are assigned to him by the Executive Chairman. During the Employment Period, Executive shall also continue to serve as a member of the Cathay Bank Board (“Bank Board”) and the Cathay General Bancorp Board (“Company Board”) (Bank Board and Company Board may be collectively referred to herein as “Boards”), without additional compensation.
Sample 1
Employment and Positions 
Sample 1Sample 2Sample 3See All (5)

Related to Employment and Positions

  • Employment and Position Subject to Section 2, the Company hereby employs the Executive as its President and Chief Executive Officer, and the Executive hereby accepts such employment under and subject to the terms and conditions hereinafter set forth.

  • Employment and Consulting Agreements Xxxxxxx X. Xxxx and Xxxx X. Xxxxxx shall have executed and delivered employment agreements with BRI, and Xxxxxx Xxxx shall have executed and delivered a Consulting Agreement with BRI.

  • Employment and Benefit Matters (a) For the period commencing at the Effective Time and ending on December 31, 2011, Parent agrees to cause the Surviving Corporation to maintain base salary, bonus opportunity, retirement benefits, health benefits, welfare benefits, but not any stock-based benefits, for the Seller Personnel who remain employed after the Effective Time (collectively, the “Seller Employees”) at the same levels that are, in the aggregate, at least comparable to those in effect for similarly situated employees of Parent on the date hereof. Parent shall, and shall cause the Surviving Corporation to, treat, and cause the applicable benefit plans in which Seller Employees are entitled to participate to treat, the service of Seller Employees with Seller or any Subsidiary of Seller attributable to any period before the Effective Time as service rendered to Parent, the Surviving Corporation or any Subsidiary of Parent for purposes of eligibility to participate, vesting and for other appropriate benefits including, but not limited to, applicability of minimum waiting periods for participation, but excluding benefit accrual (including minimum pension amount) and eligibility for early retirement under any defined benefit plan of Parent or eligibility for retiree welfare benefit plans or as would otherwise result in a duplication of benefits. Without limiting the foregoing, Parent shall cause any pre-existing conditions or limitations, eligibility waiting periods or required physical examinations under any health or similar plan of Parent to be waived with respect to Seller Employees and their eligible dependents, to the extent waived or satisfied under the corresponding plan in which Seller Employees participated immediately prior to the Acceptance Date, and any deductibles paid by Seller Employees under any of Seller’s or its Subsidiaries’ health plans in the plan year in which the Acceptance Date occurs shall be credited towards deductibles under the health plans of Parent or any Subsidiary of Parent. Parent shall, and shall cause the Surviving Corporation to, use commercially reasonable efforts to make appropriate arrangements with its insurance carrier(s) to ensure such result. Seller Employees shall be considered to be employed by Parent “at will” and nothing shall be construed to limit the ability of Parent or the Surviving Corporation to terminate the employment of any such Seller Employee at any time. Parent will cooperate with Seller, and assume all costs, in respect of consultation obligations and similar notice and bargaining obligations owed to any employees or consultants of Seller or any Subsidiary of Seller in accordance with all applicable Laws and bargaining agreements, if any.

  • Employment and Term of Employment Subject to the terms and conditions of this Agreement, the Company hereby agrees to employ the Executive, and the Executive hereby agrees to serve the Company, as Controller and Secretary for a term (the "Term of Employment") beginning on the date first set forth above (the "Effective Date") and ending on the Expiration Date (defined below). As used in this Agreement, "Expiration Date" means the first anniversary of the Effective Date, provided that on each anniversary of the Effective Date (each such anniversary being referred to as a "Renewal Date"), the Expiration Date shall be automatically extended one additional year unless, not less than 10 days prior to the relevant Renewal Date, (i) either party shall have given written notice to the other that no such automatic extension shall occur after the date of such notice or (ii) either party shall have given a Notice of Termination to the other pursuant to Section 5 hereof. Notwithstanding the foregoing, if either party gives a valid Notice of Termination pursuant to Section 5 hereof, the Term of Employment shall not extend beyond the termination date specified in such Notice of Termination.

  • Employment Conditions By accepting the Award, the Participant acknowledges and agrees that:

  • Conditions of Employment Normal conditions of employment as issued by the Company apply to the receipt of benefits under this Section 5.

  • Employment Relations The Company is in compliance with all Federal, state or other applicable laws, domestic or foreign, respecting employment and employment practices, terms and conditions of employment and wages and hours, and has not and is not engaged in any unfair labor practice.

  • Scope of Employment (a) During the Employment, Executive will serve as President and Chief Executive Officer of the Company. In that connection, Executive will (i) devote his full-time attention and energies to the business of the Company and will diligently and to the best of his ability perform all duties incident to his employment hereunder; (ii) use his best efforts to promote the interests and goodwill of the Company; and (iii) perform such other duties commensurate with his office as the Board of Directors of the Company may from time-to-time assign to him.

  • Employment Terms As a condition to your employment with the Company, you are required to (a) sign and return a satisfactory I-9 Immigration form providing sufficient documentation establishing your employment eligibility in the United States, and (b) provide satisfactory proof of your identity as required by United States law.

  • Employment Position The parties agree that the employment of Executive by Employer shall continue for the term referred to in Section 2. Employer agrees to continue the employment of Executive in a senior officer position for both Employer and Bank with the same titles referenced above. Executive shall devote his full time during business hours to the performance of his duties hereunder and shall at all times use his best efforts to promote the best interests of Employer. Executive shall report to the Chief Executive Officer, or such other senior executive officer of Employer or Bank, as the Chief Executive Officer of Employer, the Chairman of the Board, or the Board of Directors (“Board”) shall direct.

Time is Money Join Law Insider Premium to draft better contracts faster.