Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 4 contracts
Sources: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc)
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Financial Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Financial Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank.
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 4 contracts
Sources: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc)
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Lending Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Lending Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank.
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 4 contracts
Sources: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc)
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the Company and BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, affiliates and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank(the “Board of Directors”).
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bankaffiliates, as well as participation in community, professional and civic organizations; provided, however, that, that Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.
Appears in 4 contracts
Sources: Employment Agreement (Clifton Bancorp Inc.), Employment Agreement (Clifton Bancorp Inc.), Employment Agreement (Clifton Bancorp Inc.)
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Operating Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Operating Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank.
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 4 contracts
Sources: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc)
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company Bank and its subsidiaries, including the Bankaffiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer of the Bank or which, consistent with those officesthat office, are delegated to him by the Board of Directors of the Company and BankBank (the “Board of Directors”).
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company Bank and its subsidiaries, including the Bankaffiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual organizations, which, in the judgment of the Board of Directors, will not present any conflict of interest reportingwith the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 4 contracts
Sources: Employment Agreement (Clifton Bancorp Inc.), Employment Agreement (Clifton Bancorp Inc.), Employment Agreement (Clifton Bancorp Inc.)
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Payments Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Payments Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank.
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 3 contracts
Sources: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc)
Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as President Chairman of the Board and Chief Executive Officer of the Company and BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, affiliates and shall perform all duties and shall have all powers which are commonly incident to the offices of President Chairman of the Board and Chief Executive Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank(the "Board of Directors").
(b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bankaffiliates, as well as participation in community, professional and civic organizations; provided, however, that, that Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.
Appears in 2 contracts
Sources: Employment Agreement (Clifton Savings Bancorp Inc), Employment Agreement (Clifton Savings Bancorp Inc)
Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer Corporate Secretary of the Company and BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, affiliates and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer Corporate Secretary or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank(the "Board of Directors").
(b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bankaffiliates, as well as participation in community, professional and civic organizations; provided, however, that, that Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.
Appears in 2 contracts
Sources: Employment Agreement (Clifton Savings Bancorp Inc), Employment Agreement (Clifton Savings Bancorp Inc)
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President Chief Financial Officer and Chief Executive Officer Treasurer of the Company and BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of President Chief Financial Officer and Chief Executive Officer Treasurer or which, consistent with those offices, are delegated to him her by the Board of Directors of the Company and Bank(the “Board of Directors”).
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his her business time, attention, skill and efforts to the faithful performance of his her duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bankaffiliates, as well as participation in community, professional and civic organizations; provided, however, that, that Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his her annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him her to perform his her duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.
Appears in 2 contracts
Sources: Employment Agreement (Clifton Savings Bancorp Inc), Employment Agreement (Clifton Savings Bancorp Inc)
Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer Chairman of the Company and Board of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company Bank and its subsidiaries, including the Bankaffiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer Chairman of the Board or which, consistent with those officesthat office, are delegated to him by the Board of Directors of the Company and BankBank (the "Board of Directors").
(b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company Bank and its subsidiaries, including the Bankaffiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual organizations, which, in the judgment of the Board of Directors, will not present any conflict of interest reportingwith the Bank or its affiliates, or materially affect the performance of Executive's duties pursuant to this Agreement.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 2 contracts
Sources: Employment Agreement (Clifton Savings Bancorp Inc), Employment Agreement (Clifton Savings Bancorp Inc)
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Senior Lending Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Senior Lending Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank.
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 1 contract
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Credit Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Credit Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank.
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 1 contract
Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer _______________________ of the Company and BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, subsidiaries and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer __________________ or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank(the "Board of Directors"). [During the term of this Agreement, Executive also agrees to serve as a director of the Company.]
(b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, that Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.
Appears in 1 contract
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company Bank and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer or which, consistent with those offices, are delegated to him her by the Board or Directors. During the term of Directors this Agreement, Executive also agrees to serve as a director of the Company and Bank.
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his her business time, attention, skill and efforts to the faithful performance of his her duties under this Agreement, including activities and services related to the organization, operation and management of the Company Bank and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual organizations, which, in the judgment of the Board of Directors, will not present any conflict of interest reportingwith the Bank or its subsidiaries, or materially affect the performance of Executive’s duties pursuant to this Agreement.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles title and duties set forth in this Agreement and as are necessary for him her to perform his her duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 1 contract
Sources: Employment Agreement (Northeast Pennsylvania Financial Corp)
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Operations Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Operations Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank.
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 1 contract
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the Company and BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, subsidiaries and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer or which, consistent with those offices, are delegated to him her by the Board or Directors. During the term of Directors this Agreement, Executive also agrees to serve as a director of the Company and BankCompany.
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his her business time, attention, skill and efforts to the faithful performance of his her duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his her annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him her to perform his her duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.
Appears in 1 contract
Sources: Employment Agreement (Northeast Pennsylvania Financial Corp)
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Payment Officer/Chief Risk Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Operating Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank.
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 1 contract
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Operating Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank.
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 1 contract
Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as Executive Vice President of the Employer and Executive Vice President/Chief Executive Lending Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Lending Officer or which, consistent with those offices, are delegated to him by the Board of Directors Directors. During the term of this Agreement, Executive also agrees to serve as a director of the Company and BankEmployer, if elected to serve in such position.
(b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company Employer and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, that Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), Employer will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankEmployer.
Appears in 1 contract
Sources: Employment Agreement (Alliance Bancorp of New England Inc)
Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Financial Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Operating Officer or which, consistent with those offices, are delegated to him by the Board of Directors of the Company and Bank.
(b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.
Appears in 1 contract
Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as President and Senior Vice President/Chief Executive Officer Financial Officer/Treasurer of the Company and BankEmployer. Executive shall have responsibility for the general management and control of the business and affairs of the Company and its subsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Senior Vice President/Chief Executive Officer Financial Officer/Treasurer or which, consistent with those offices, are delegated to him by the Board of Directors Directors. During the term of this Agreement, Executive also agrees to serve as a director of the Company and BankEmployer, if elected to serve in such position.
(b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Company Employer and its subsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, that Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations listed by Executive on his annual conflict of interest reporting.
(c) The Bank or the Company (as they shall determine), Employer will furnish Executive with the working facilities and staff customary for executive officers with the titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankEmployer.
Appears in 1 contract
Sources: Employment Agreement (Alliance Bancorp of New England Inc)