Executives Duties and Obligations Sample Clauses

Executives Duties and Obligations. Executive shall serve as President and Chief Executive Officer of the Company. The Company shall use reasonable efforts to have Executive elected to the Company’s Board of Directors (the “Board of Directors”) during the term of this Agreement. Executive shall perform such duties and functions as are customary to such offices and as shall from time to time be reasonably assigned to him by the Company’s Board of Directors (the “Board of Directors”). Executive shall at all times report to, and shall be subject to the policies established by, the Board of Directors and shall discharge his responsibilities in a competent and faithful manner, consistent with sound business practices, the Company’s Code of Ethics and applicable laws and regulations.
Sample 1
AutoNDA by SimpleDocs
Executives Duties and Obligations. (i) The Executive agrees to immediately return to work and to cooperate fully with the Company in the performance of his duties as the Chief Financial Officer at all times up to and including the Termination Date. The Executive agrees to work in cooperation with Company staff and personnel assigned to his area and with the Company's independent auditors and accountants.
Sample 1
Executives Duties and Obligations. Notwithstanding any provision of that certain Employment Agreement by and between Executive and the Company dated January 1, 2002 (the “Employment Agreement”) to the contrary, during the Transition Period, Executive shall perform such duties as the President of the Company shall reasonably request, which duties shall primarily consist of matters related to the transition of his present duties, responsibilities and obligations to one or more individuals designated by the Board or the President. The parties hereto acknowledge that Executive shall perform such duties on a substantially full time basis prior to November 1, 2005, and, thereafter, such duties shall be performed at such time or times as the President shall reasonably request.
Sample 1
Executives Duties and Obligations 
Sample 1Sample 2Sample 3See All (91)

Related to Executives Duties and Obligations

  • Duties and Obligations The Administrative Agent shall not have any duties or obligations except those expressly set forth in the Loan Documents. Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing, (b) the Administrative Agent shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated by the Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.02), and, (c) except as expressly set forth in the Loan Documents, the Administrative Agent shall not have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to any Loan Party or any Subsidiary that is communicated to or obtained by the bank serving as Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall not be liable for any action taken or not taken by it with the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.02) or in the absence of its own gross negligence or willful misconduct as determined by a final nonappealable judgment of a court of competent jurisdiction. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until written notice thereof is given to the Administrative Agent by the Borrower or a Lender, and the Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with any Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or in connection with any Loan Document, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth in any Loan Document, (iv) the validity, enforceability, effectiveness or genuineness of any Loan Document or any other agreement, instrument or document, (v) the creation, perfection or priority of Liens on the Collateral or the existence of the Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere in any Loan Document, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.

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