Employment of Officers Sample Clauses

Employment of Officers. The Managers may designate one or more individuals as Officers which may include, but shall not be limited to, (i) a President, (ii) one or more Vice Presidents, (iii) a Secretary and (iv) a Treasurer, to manage or provide other services in respect to the Company’s properties or business subject to the control of the Managers and to be delegated such powers and authority as shall be deemed necessary and desirable by the Managers. The Officers shall not be required to devote their full time and energy to the Company and may act as owners, officers or in any other capacity in other, or competing, entities.
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Employment of Officers. Employees, and Other Agents. The Managing Trustees are responsible for the general policies of the Trust and for such general supervision of the business of the Trust conducted by all officers, agents, employees, advisers, managers, or independent contractors of the Trust as may be necessary to insure that such business conforms to the provisions of this Agreement. However, the Managing Trustees are not, and shall not be, required personally to conduct the business of the Trust. Consistent with the powers described in Section 4.3(k), the Managing Trustees shall have the power to appoint, employ, or contract with any Person (including one or more of themselves, or any corporation, partnership, or trust in which one of more of them may be directors, officers, stockholders, partners, or trustees) as the Managing Trustees may deem necessary or proper for the transaction of the business of the Trust. For such purpose, the Managing Trustees may grant or delegate such authority to any such Person as the Managing Trustees may in their sole discretion deem necessary or desirable without regard to whether such authority is normally granted or delegated by trustees.
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Employment of Officers. To the knowledge of the Borrowers, no senior officer or key employee of any of the Borrowers or any of their Subsidiaries has any present intention of terminating his employment with any of the Borrowers or any of their Subsidiaries and none of the Borrowers or any of their Subsidiaries has any present intention of terminating any such employment.
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Employment of Officers. Schedule 3.30 of the ICS Disclosure Schedule sets forth the person who -------------- served as chief executive officer (or in an equivalent capacity) during ICS's last fiscal year and each of ICS's other executive officers who earned (or accrued) compensation in excess of $100,000 during the last fiscal year. 3.31
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Employment of Officers. Republic agrees to cause the Duncxx Xxxpanies to continue to employ, at the same base salary levels as were in effect on June 30, 1995, all officers and key management personnel of the Duncxx Xxxpanies who are not Shareholders, for a period of at least twelve months following the Closing Date, provided that except for the obligations to be undertaken pursuant to the Rabbi Trust described in Schedule 4.1, various benefits and "perqs" payable or granted to such officers may be changed or eliminated to conform to Republic's
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Employment of Officers. Upon Closing, Xxxx X. Xxxxxx will be offered to join the executive management team of NCBC and NCBC Bank pursuant to an employment agreement with NCBC and NCBC Bank, and the offered position of employment will carry the title of Executive Vice President and Chief Operating Officer. Upon Closing, Xxxx X. Xxxxx will be offered to join the executive management team of NCBC and NCBC Bank pursuant to an employment agreement with NCBC and NCBC Bank, and the offered position of employment will carry the title of Executive Vice President and Chief Banking Officer. Upon Closing, Xxxx X. Xxxxx will be offered employment with NCBC Bank pursuant to an employment agreement with NCBC Bank, and the offered position of employment will carry the title of Senior Credit Administrator.
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Employment of Officers. 42 5.22 Labor Relations............................................... 42 5.23 Trade Relations............................................... 43 5.24
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Employment of Officers. Except as set forth on Schedule 5.21 hereto, no senior officer or key employee of the Company or any of its Subsidiaries has delivered notice of his or her intention to terminate his or her employment with the Company or any of its Subsidiaries and none of the Company and its Subsidiaries has any present intention of terminating any such employment.
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Employment of Officers. The Sole Member may designate one or more individuals as Officers which may include, but shall not be limited to, (i) a President, (ii) one or more Vice Presidents, (iii) a Secretary and (iv) a Treasurer, to manage or provide other services in respect to the Company’s properties or business subject to the control of the Sole Member and to be delegated such powers and authority as shall be deemed necessary and desirable by the Sole Member. The Officers shall not be required to devote their full time and energy to the Company and may act as owners, officers or in any other capacity in other, or competing, entities.
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Related to Employment of Officers

  • Compensation of Officers The officers shall be entitled to receive compensation from the Company as determined by the Board.

  • Appointment of Officers The Trust may have one or more Officers who are hereby empowered to take and are responsible for performing all ministerial duties on behalf of the Trust pursuant to this Agreement and the other Operative Agreements, including, without limitation, the execution of the Officers’ Certificate (as defined in the Indenture), the Trust Order (as defined in the Indenture), the Trust Request (as defined in the Indenture), the annual compliance report required under Section 3.09 of the Indenture, and any annual reports, documents and other reports which the Trust is required to file with the Securities and Exchange Commission pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended. Each of the Chairman of the Board, the Chief Executive Officer, the President, each Senior Vice President and each Vice President of the Depositor is hereby appointed as an Officer of the Trust. The Depositor shall promptly deliver to the Owner Trustee and the Indenture Trustee a list of its officers who shall become the Officers of the Trust pursuant to this Section 11.01.

  • Duties of Officers Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law of the State of Delaware.

  • Election of Officers After their election the Managers shall meet and organize by electing a President from their own number, a Secretary and a Treasurer, and any other officers determined to be necessary by the Board, who may, but need not, be Managers. Any two or more of such offices, except those of President and Secretary, may be held by the same person.

  • Employment of Advisors The TMP shall employ experienced tax advisors to represent the Partnership in connection with any audit or investigation of the Partnership by the Internal Revenue Service and in connection with all subsequent administrative and judicial proceedings arising out of such audit. The fees and expenses of such tax advisors shall be an expense of the Partnership. It shall be the responsibility of the General Partner and the Limited Partners, at their own expense, to employ tax advisors to represent their respective separate interests.

  • Power of Officers The officers of the General Partner executing the Loan Documents required to be delivered by the General Partner hereunder have been duly elected or appointed and were fully authorized to execute the same at the time each such agreement, certificate or instrument was executed.

  • Removal and Resignation of Officers Subject to the rights, if any, of an officer under any contract of employment, any officer may be removed, either with or without cause, by the Board or, except in the case of an officer chosen by the Board, by any officer upon whom such power of removal may be conferred by the Board. Any officer may resign at any time by giving written notice to the Corporation. Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that notice. Unless otherwise specified in the notice of resignation, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights, if any, of the Corporation under any contract to which the officer is a party.

  • Employment of Others The Company may from time to time request that the Consultant arrange for the services of others. All costs to the Consultant for those services will be paid by the Company but in no event shall the Consultant employ others without the prior authorization of the Company.

  • Termination of Offices and Directorships Upon termination of the Executive’s employment for any reason, unless otherwise specified in a written agreement between the Executive and the Company, the Executive shall be deemed to have resigned from all offices, directorships, and other employment positions if any, then held with the Company, and shall take all actions reasonably requested by the Company to effectuate the foregoing.

  • Resignation of Officers and Directors The Company shall use all reasonable efforts to obtain and deliver to Parent prior to the Closing the resignation of each officer and director of the Company.

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