Common use of Executive Responsibilities Clause in Contracts

Executive Responsibilities. COMPANY hereby employs EXECUTIVE, and EXECUTIVE hereby agrees to accept employment from COMPANY, as Executive Vice- President of Market Development of COMPANY. EXECUTIVE shall report directly to COMPANY's Chief Executive Officer. EXECUTIVE agrees during the term of his employment under this Agreement to perform the duties and responsibilities customarily required of such position, as reasonably directed by COMPANY's Chief Executive Officer, and in accordance with COMPANY's bylaws and Delaware corporation law. EXECUTIVE further agrees to use his best efforts to promote the interests of COMPANY and to devote his full business time and energies to the business and affairs of COMPANY, unless otherwise authorized by the Chief Executive Officer of COMPANY. EXECUTIVE may, however, engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties to COMPANY hereunder.

Executive Responsibilities. The COMPANY hereby employs the EXECUTIVE, and the EXECUTIVE hereby agrees to accept employment from the COMPANY, as President and Chief Executive Vice- President Officer of Market Development of the COMPANY. The EXECUTIVE shall report directly to the COMPANY's Chief Executive Officer'S Board of Directors. The EXECUTIVE agrees during the term of his employment under this Agreement to perform the duties and responsibilities customarily required of such position, as reasonably directed by the COMPANY's Chief Executive Officer'S Board of Directors, and in accordance with the COMPANY's 'S bylaws and Delaware applicable state corporation law. The EXECUTIVE further agrees to use his best efforts to promote the interests of COMPANY and to devote his full business time and energies to the business and affairs of the COMPANY, unless otherwise authorized by the Chief Executive Officer Board of Directors of the COMPANY. The EXECUTIVE may, however, engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties to the COMPANY hereunder.