Employment and Scope of Duties Sample Clauses
Employment and Scope of Duties. A. Employer shall employ Employee and the Employee agrees to be employed by the Employer on a full-time basis during the Employment Period, Insurance Products and Sales Coordinator and President of Montauk Insurance Services, Inc., ("MISI"), having and maintaining the requisite licenses and registrations in order to effectively coordinate and facilitate and promote the proper sales and servicing of insurance and insurance-related products and services through all of the Company's licensed insurance agents and registered representatives, in variable and fixed annuity products, life, health an disability insurance and the renewals of each of these products (hereinafter "Insurance Business"). The Employee shall report and be responsible to: ▇▇▇▇ ▇▇▇▇▇▇▇▇, the President and C.E.O.; ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Executive Vice President and CFO; and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇, Managing Director. Employee shall be expected to coordinate with the Legal & Compliance Department on matters involving compliance and legal issues affecting the agents and registered representatives ("RR's") and the Company's sales, marketing and recruiting departments on matters involving such departments. Employee shall, except during vacation periods or absences due to temporary illness, devote substantially all of his business time, attention and energies to his duties and responsibilities as described hereunder.
B. Subject to the terms and conditions contained herein, Employee shall also (i) provide administrative services, product marketing, sales, technical and product support with respect to the development and retention of Agents and RR's and insurance cases; (ii) assist Employer and its authorized representatives and staff in actively recruiting new, qualified Agents and RR's; and (iii) from time to time, perform such other services and tasks related to the foregoing as may be reasonably necessary to the performance of the above duties and responsibilities, and Employer hereby engages Employee to provide and perform the same.
C. The Principal location of the Employee's employment shall be at ▇▇▇ ▇▇▇▇▇▇ Springs Road, Red Bank, New Jersey 07701, although the Employee understands and agrees that he may be required to travel for business reasons to the Company's Branch office and satellite locations throughout the United States from time to time.
D. Employer hereby agrees at its discretion to provide the personnel and administrative support services to Employee necessary for him to perform the Servi...
Employment and Scope of Duties. A. Employer shall employ Employee and the Employee agrees to be employed by the Employer on a full-time basis during the Employment Period, as President of FMSC's Century Discount Securities Division, Paramus NJ and Managing Director of FMSC's Internet Trading Initiative, having and maintaining the requisite licenses and registrations in order to effectively supervise Employer's Registered Representatives located in the CDS Paramus office. The Employee shall report and be responsible to: ▇▇▇▇ ▇▇▇▇▇▇▇▇, the President and C.E.O.; ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Executive Vice President and Chief Financial Officer (CFO); and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇, Chief Administrative Officer. Employee shall be expected to coordinate with and obtain necessary approvals from General Counsel and the Legal & Compliance Department on matters involving compliance, regulatory and legal issues affecting CDS discount brokerage business and Internet Trading for clients of the Firm. Employee shall, except during vacation periods or absences due to temporary illness, devote substantially all of his business time, attention and energies to his duties and responsibilities as President of CDS hereunder.
B. Subject to the terms and conditions contained herein, Employee shall also (i) provide administrative expertise, product knowledge, technical and systems support with respect to the development and implementation of third-party vendor provided electronic-based order entry and clearing firm interfaces, including risk management technology for FMSC's trading desk, CDS's separate trading desk and, (ii) supervise structure, manage, control expenditures and operations of CDS through daily oversight of operations of CDS staff including marketing, registration and assurance of regulatory compliance by CDS; and (iii) from time to time, perform such other services and tasks related to the foregoing as may be reasonably necessary to the performance of the above duties and responsibilities, including reporting to FMSC Senior Management with findings/recommendations to improve efficiencies of CDS and FMSC Trading Capabilities and Employer hereby engages Employee to provide and perform the same.
C. The Principal locations of the Employee's employment shall be at ▇▇▇ ▇▇▇▇▇▇ Springs Road, Red Bank, New Jersey 07701 and ▇▇▇ ▇▇▇▇ Cnetre Road, Paramus, NJ 07652, although the Employee understands and agrees that he may be required to travel for business reasons to other offices of FMSC and from time to time to other Firm ...
Employment and Scope of Duties