Common use of Employment Position and Duties Clause in Contracts

Employment Position and Duties. Subject to the terms hereof, the Company hereby agrees to employ the Executive during the Term (as hereafter defined) to act as, and to exercise all of the powers and functions of, its Vice President and General Counsel and to perform such acts and duties and to generally furnish such services to the Company and its subsidiaries (if any) as is customary for a senior management person with a similar position in like companies, such services to include (a) responsibility for overall internal and external legal, contractual and SEC compliance activities, including interactions with the SEC and exchange officials, other regulatory agencies and external legal counsel, and (b) all duties normally reserved to a company’s principal legal officer for the Company’s legal matters, including retention and engagement of legal counsel and interaction with the Board. Executive shall report directly to the Chief Executive Officer (“CEO”) of the Company and have such other powers, duties and responsibilities as the CEO, in consultation with and approval of the Board of Directors (the “Board”), shall from time to time reasonably prescribe. Executive will be a member of the Company’s Management Committee and Business Development Committee and will be Secretary of the Company, subject to approval by the Board as a named officer. Executive hereby agrees to accept such employment and shall perform and discharge faithfully, diligently, and to the best of her abilities such duties and responsibilities and shall devote sufficient working time and efforts to the business and affairs of the Company and its subsidiaries.

Appears in 1 contract

Samples: Employment Agreement (Entremed Inc)

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Employment Position and Duties. Subject to the terms hereof, the Company hereby agrees to employ the Executive during the Term (as hereafter defined) to act as, and to exercise all of the powers and functions of, its Vice President and General Counsel Chief Medical Officer, and to perform such acts and duties and to generally furnish such services to the Company and its subsidiaries (if any) as is customary for a senior executive management person with a similar position in like companies, such services to include (a) responsibility for overall internal and external legal, contractual and SEC compliance activities, including interactions with the SEC and exchange officials, . Among other regulatory agencies and external legal counselthings, and subject to change at the discretion of the Board of Directors (bthe “Board”) all duties normally reserved to and the Chief Executive Officer (the “CEO”), Executive shall play a company’s principal legal officer for leading role in developing, advocating and executing the Company’s legal mattersoverall clinical development and regulatory plan. Executive will assist the Company in completing its internal evaluation of ENMD-2076 and take the lead on the final recommendation of next steps for the program. Executive will also be a key member of the Company’s business development team, including retention participating in the clinical and engagement medical evaluation of legal counsel business development opportunities, and interaction with in the Boardstrategic scouting and searching for in-license opportunities from the medical community. Executive will from time to time participate in the Company’s finance and investment relations activities, and attend and make corporate presentations in conferences and investor meetings as requested from time to time. Executive shall report directly to the Chief Executive Officer (“CEO”) of the Company , and have such other powers, duties and responsibilities as the CEO, in consultation with CEO and approval of the Board of Directors (the “Board”), shall from time to time reasonably prescribe. Executive will be a member of the Company’s Management Committee and Business Development Committee and will be Secretary of the Company, subject to approval by the Board as a named officer. Executive hereby agrees to accept such employment and shall perform and discharge faithfully, diligently, and to the best of her his abilities such duties and responsibilities and shall devote sufficient working time and efforts to the business and affairs of the Company and its subsidiaries.

Appears in 1 contract

Samples: Employment Agreement (CASI Pharmaceuticals, Inc.)

Employment Position and Duties. Subject to the terms hereof, the Company hereby agrees to employ the Executive during the Term (as hereafter defined) to act as, and to exercise all of the powers and functions ofof its Senior Vice President, its Vice President Research and General Counsel Development, and to perform such acts and duties and to generally furnish such services to the Company and its subsidiaries (if any) as is customary for a senior management person with a similar position in like companies, such services to include (a1) responsibility for overall internal and external legal, contractual and SEC compliance activities, including interactions with the SEC and exchange officials, other regulatory agencies and external legal counsel, and (b) all duties normally reserved to a company’s principal legal officer for the Company’s legal mattersoverall research and development activities, including retention project management, coordination of outsourced research, and engagement of legal counsel nonclinical development activities, and interaction with 2) full operational responsibility for the BoardCompany’s research and development programs, including program direction and budget responsibility. Executive shall report directly to the Chief Executive Officer (“CEO”) of the Company and have such other powers, duties and responsibilities as the CEO, in consultation with and approval of the Board of Directors (the “Board”), shall from time to time reasonably prescribe. Executive will be a member of the Company’s Senior Management Committee Team and the Business Development Committee and will be Secretary of the Company’s representative on the Scientific Advisory Board, subject to approval by the Board as a named executive officer. Executive hereby agrees to accept such employment and shall perform and discharge faithfully, diligently, and to the best of her his abilities such duties and responsibilities and shall devote sufficient working time and efforts to the business and affairs of the Company and its subsidiaries.

Appears in 1 contract

Samples: Employment Agreement (Entremed Inc)

Employment Position and Duties. Subject to the terms hereof, the Company hereby agrees to employ the Executive during the Term (as hereafter defined) to act as, and to exercise all of the powers and functions of, its Vice President President, Finance and General Counsel Principal Accounting Officer, and to perform such acts and duties and to generally furnish such services to the Company and its subsidiaries (if any) as is customary for a senior management person with a similar position in like companies, such services to include (a) responsibility for overall internal and external legal, contractual and SEC compliance activities, including interactions with the SEC and exchange officials, . Among other regulatory agencies and external legal counselthings, and (b) all duties normally reserved subject to a company’s principal legal officer for change at the Company’s legal matters, including retention and engagement of legal counsel and interaction with the Board. Executive shall report directly to the Chief Executive Officer (“CEO”) discretion of the Company and have such other powers, duties and responsibilities as the CEO, in consultation with and approval Executive Committee of the Board of Directors (the “Board”), the Executive shall be responsible for providing direction to and management of the Company’s finance, accounting, treasury, Securities and Exchange Commission reporting and other administration activities. Executive shall report directly to the Executive Committee of the Board or such other senior officers of the Company as designated by the Executive Committee, and have such other powers, duties and responsibilities as the Executive Committee shall from time to time reasonably prescribe. Executive will be a member of the Company’s Senior Management Committee and Business Development Committee and will be Secretary of the Company, subject to approval by the Board as a named officerTeam. Executive hereby agrees to accept such employment and shall perform and discharge faithfully, diligently, and to the best of her abilities such duties and responsibilities and shall devote sufficient working time and efforts to the business and affairs of the Company and its subsidiaries.

Appears in 1 contract

Samples: Employment Agreement (Entremed Inc)

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Employment Position and Duties. Subject to the terms hereof, the Company hereby agrees to employ the Executive during the Term (as hereafter defined) to act as, and to exercise all of the powers and functions ofof its Senior Vice President, its Vice President Corporate and General Counsel Business Development, and to perform such acts and duties and to generally furnish such services to the Company and its subsidiaries (if any) as is customary for a senior management person with a similar position in like companies, such services to include include: (ai) primary responsibility for overall internal and external legal, contractual and SEC compliance activities, including interactions with the SEC and exchange officials, other regulatory agencies and external legal counsel, and (b) all duties normally reserved to a company’s principal legal officer for the Company’s legal mattersglobal corporate development, business development and alliance management activities, including retention management of the Company’s investment banking relationships, corporate partnering and engagement licensing activities, (ii) developing prospects for partnering transactions, lead the negotiations of legal counsel such partnering transactions and interaction maintain the Company’s relationships with its current key partners, (iii) overseeing the positioning of the Company as a prospective partner and manage the related outreach efforts and (iv) working with the BoardCompany’s Chief Executive Officer (the “CEO”) to identify and evaluate strategic business opportunities, including acquisitions. Executive shall report directly to the Chief Executive Officer (“CEO”) CEO of the Company and have such other powers, duties and responsibilities as the CEO, in consultation with and approval of the Board of Directors (the “Board”), shall from time to time reasonably prescribe. Executive will be a member of the Company’s Senior Management Committee Team and the Business Development Committee and will be Secretary of the Company, subject to approval by the Board as a named officerTeam. Executive hereby agrees to accept such employment and shall perform and discharge faithfully, diligently, and to the best of her his abilities such duties and responsibilities and shall devote sufficient working time and efforts to the business and affairs of the Company and its subsidiaries.

Appears in 1 contract

Samples: Employment Agreement (Entremed Inc)

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