NATURE OF EMPLOYMENT/DUTIES. Executive shall serve as the General Counsel of the Company and shall have such responsibilities and authority as the Company may designate from time to time consistent with Executive’s title and position.
NATURE OF EMPLOYMENT/DUTIES. Executive shall serve as Chief Financial Officer of the Company and shall have such responsibilities and authority as the Company may designate from time to time consistent with Executive’s title and position.
NATURE OF EMPLOYMENT/DUTIES. Executive shall serve as President and Chief Executive Officer of the Company and shall have such responsibilities and authority as the Board of Directors of the Company (the “Board”) may designate from time to time consistent with Executive’s title and position. Executive shall report to the Board.
NATURE OF EMPLOYMENT/DUTIES. Employee shall serve as Chief Executive Officer of the Bank with such duties, responsibilities and authorities of such office as may be assigned to him by the Bank and as are customarily associated with such office.
NATURE OF EMPLOYMENT/DUTIES. Executive shall serve as Chief Medical Officer of the Company and shall have such responsibilities and authority as the Company may designate from time to time consistent with Executive’s title and position.
NATURE OF EMPLOYMENT/DUTIES. Employee shall serve as Chief Financial Officer/Executive Vice President of First Bank and shall have such responsibilities and authority as the Company may designate from time to time consistent with his title and position. As Chief Financial Officer/Executive Vice President, he will be primarily responsible for the financial matters affecting the company, as well as having shared responsibilities with the CEO and other senior executives as to all enterprise activities.
NATURE OF EMPLOYMENT/DUTIES. Employee shall serve as Chief Risk Officer of the Bank with such duties, responsibilities and authorities of such office as may be assigned to her by the Bank and as are customarily associated with such office. Employee shall report to the President/Chief Executive Officer of the Bank.
NATURE OF EMPLOYMENT/DUTIES. Employee shall serve as President of First Bank and shall have such responsibilities and authority as the Company may designate from time to time consistent with his title and position. As President, he will be primarily responsible for all branch related activities and back office operations as well as having shared responsibilities with the CEO and other senior executives as to all enterprise activities.
NATURE OF EMPLOYMENT/DUTIES. Employee shall serve as Acting Chief Credit Officer of the Bank. Employee shall report to Chief Executive Officer of the Bank and shall have such responsibilities and authority as the Bank may designate from time to time consistent with his title and position. Upon receipt of approval from the Board of Governors of the Federal Reserve System (“Federal Reserve”) pursuant to Section 32 of the Federal Deposit Insurance Act (12 U.S.C. § 1831i) and Subpart H of Regulation Y of the Federal Reserve (12 C.F.R. § 225) and the N.C. Office of the Commissioner of Banks, Employee shall (i) be promoted to Executive Vice President and Chief Credit Officer of the Bank; (ii) manage all credit of the Bank, including special assets; and (iii) have all other responsibilities and authority as the Bank may designate from time to time consistent with his title and position.
NATURE OF EMPLOYMENT/DUTIES. Executive shall serve as the President and Chief Executive Officer of the Company and shall have such responsibilities and authority as the Board may designate from time to time consistent with Executive’s title and position. Executive shall report to the Board. During the Term, Executive shall perform all duties and exercise all authority in accordance with, and otherwise comply with, all Company policies, procedures, practices and directions. Executive shall devote substantially all working time, best efforts, knowledge and experience to perform successfully Executive’s duties and advance the Company’s interests. During Executive’s employment, Executive may, with the Board’s consent (which shall not be unreasonably withheld), engage in other business activities for compensation (including board memberships), provided that, such activities do not present a conflict of interest nor violate the Restrictive Covenant Agreement (defined in Section 6), nor otherwise prohibit Executive from fulfilling Executive’s obligations hereunder.
