Common use of Position and Term of Employment Clause in Contracts

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 and shall end December 31, 2001, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Vice President and Chief Financial Officer of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs of the Company and for the development and implementation of the Company's short- and long-range financial plans. Executive shall not at any time while employed by the Company or any of its affiliates (as defined in the Severance Protection Agreement between the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (the "SPA")), without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with the Company and its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Century Aluminum Co)

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Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 1997 and shall end December 31, 20012000, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Senior Vice President and Chief Financial Officer of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs duties of the Company Senior Vice President and for the development and implementation of the Company's short- and long-range financial plansChief Financial Officer. Executive shall not at any time while employed by the Company or any of its affiliates or for a period of one (as defined in 1) year following the Severance Protection Agreement between later of (i) termination of employment for any reason or (ii) the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (date on which the "SPA"))last payment is required to be made under Section 2.1(a)(ii) hereof, without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with mutual fund. Executive shall not at any time while employed by the Company and or any of its affiliates or for a period of two (2) years following termination of employment for any reason, directly or indirectly, solicit for employment, employ or enter into any business or contractual relationship with any employee of the Company or any of its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Dii Group Inc)

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 2002, and shall end December 31, 20012004, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereofperiod January 1, 2002, through December 31, 2002, Executive shall be employed as Executive Vice President Chairman of the Board of Directors and Chief Financial Executive Officer of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer Board of Directors of the Company and shall be responsible for the day-to-day financial affairs control, supervision and management of the Company and for its business affairs. From January 1, 2003, through December 31, 2004, Executive shall serve as Chairman of the development Board. In this capacity, Executive shall devote approximately fifty percent of his time to working with the Company. Executive shall be available to work with and implementation advise and assist the Chief Executive Officer and other executives of the Company on a broad range of strategic and other issues, including the Company's short- growth strategy, its financial planning and long-range financial plansstructure, acquisitions, succession planning and such other matters as the Chief Executive Officer or Board of Directors may reasonably request. Executive shall not at any time while employed by the Company or any of its affiliates (as defined in the Amended and Restated Severance Protection Agreement between the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 19992002, (the "SPA"), incorporated in this Agreement by this reference), without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with the Company and its affiliates, and he may continue to serve as a member of the Board of Directors of Glencore International AG.

Appears in 1 contract

Samples: Employment Agreement (Century Aluminum Co)

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 1998 and shall end December 31, 20012000, unless terminated sooner pursuant to Section 7 6 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Senior Vice President (and Chief Financial Officer President, DOVatron International, Inc.) of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs duties of the Senior Vice President and President, DOVatron International, Inc. Executive's duties under this Agreement shall be limited to those duties performed while present in the United States relating to the Company and for the development and implementation of the Company's short- and long-range financial planssubsidiaries. Executive shall not at any time while employed by the Company or any of its affiliates or for a period of one (as defined in 1) year following the Severance Protection Agreement between later of (i) termination of employment for any reason or (ii) the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (date on which the "SPA"))last payment is required to be made under Section 2.1(a)(ii) hereof, without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with mutual fund. Executive shall not at any time while employed by the Company and or any of its affiliates or for a period of two (2) years following termination of employment for any reason, directly or indirectly, solicit for employment, employ or enter into any business or contractual relationship with any employee of the Company or any of its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Dii Group Inc)

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 1997 and shall end December 31, 20012000, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Vice President (and Chief Financial Officer President, Multilayer Technology, Inc.) of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs duties of the Company Vice President and for the development and implementation of the Company's short- and long-range financial plans. President, Multilayer Technology, Inc. Executive shall not at any time while employed by the Company or any of its affiliates or for a period of one (as defined in 1) year following the Severance Protection Agreement between later of (i) termination of employment for any reason or (ii) the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (date on which the "SPA"))last payment is required to be made under Section 2.1(a)(ii) hereof, without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with mutual fund. Executive shall not at any time while employed by the Company and or any of its affiliates or for a period of two (2) years following termination of employment for any reason, directly or indirectly, solicit for employment, employ or enter into any business or contractual relationship with any employee of the Company or any of its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Dii Group Inc)

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 1997 and shall end December 31, 20012000, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Senior Vice President (and Chief Financial Officer Senior Vice President of Materials and Information Systems, DOVatron International, Inc.) of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the 2 Company and shall be responsible for the day-to-day financial affairs duties of the Company Senior Vice President and for the development Senior Vice President of Materials and implementation of the Company's short- and long-range financial plans. Information Systems, DOVatron International, Inc. Executive shall not at any time while employed by the Company or any of its affiliates or for a period of one (as defined in 1) year following the Severance Protection Agreement between later of (i) termination of employment for any reason or (ii) the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (date on which the "SPA"))last payment is required to be made under Section 2.1(a)(ii) hereof, without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with mutual fund. Executive shall not at any time while employed by the Company and or any of its affiliates or for a period of two (2) years following termination of employment for any reason, directly or indirectly, solicit for employment, employ or enter into any business or contractual relationship with any employee of the Company or any of its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Dii Group Inc)

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 1998 and shall end December 31, 20012000, unless terminated sooner pursuant to Section 7 6 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Senior Vice President and Chief Financial Officer Director of Overseas Operations of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs duties of the Company Senior Vice President and for the development and implementation Director of Overseas Operations. Executive's duties under this Agreement shall be limited to those duties performed while outside of the Company's short- United States and long-range financial plansshall be subject to the fulfillment by Executive of his duties under his Employment Agreement with The DII Group, Inc. ("DII"). Executive shall not at any time while employed by the Company or any of its affiliates or for a period of one (as defined in 1) year following the Severance Protection Agreement between later of (i) termination of employment for any reason or (ii) the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (date on which the "SPA"))last payment is required to be made under Section 2.1(a)(ii) hereof, without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with mutual fund. Executive shall not at any time while employed by the Company and or any of its affiliates or for a period of two (2) years following termination of employment for any reason, directly or indirectly, solicit for employment, employ or enter into any business or contractual relationship with any employee of the Company or any of its affiliates.

Appears in 1 contract

Samples: Employment and Deferred Compensation Agreement (Dii Group Inc)

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 1997 and shall end December 31, 20012000, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Senior Vice President of Sales and Chief Financial Officer Marketing of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs duties of the Company Senior Vice President of Sales and for the development and implementation of the Company's short- and long-range financial plansMarketing. 2 Executive shall not at any time while employed by the Company or any of its affiliates or for a period of one (as defined in 1) year following the Severance Protection Agreement between later of (i) termination of employment for any reason or (ii) the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (date on which the "SPA"))last payment is required to be made under Section 2.1(a)(ii) hereof, without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with mutual fund. Executive shall not at any time while employed by the Company and or any of its affiliates or for a period of two (2) years following termination of employment for any reason, directly or indirectly, solicit for employment, employ or enter into any business or contractual relationship with any employee of the Company or any of its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Dii Group Inc)

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Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 1997 and shall end December 31, 20012000, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Senior Vice President (and Chief Financial Officer President, DOVatron International, Inc.) of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs duties of the Company Senior Vice President and for the development and implementation of the Company's short- and long-range financial plans. President, DOVatron International, Inc. Executive shall not at any time while employed by the Company or any of its affiliates or for a period of one (as defined in 1) year following the Severance Protection Agreement between later of (i) termination of employment for any reason or (ii) the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (date on which the "SPA"))last payment is required to be made under Section 2.1(a)(ii) hereof, without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with mutual fund. Executive shall not at any time while employed by the Company and or any of its affiliates or for a period of two (2) years following termination of employment for any reason, directly or indirectly, solicit for employment, employ or enter into any business or contractual relationship with any employee of the Company or any of its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Dii Group Inc)

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 1997 and shall end December 31, 20012000, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Vice President Chairman of the Board and Chief Financial Executive Officer of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer Board of Directors of the Company and shall be responsible for the day-to-day financial affairs control, supervision and management of the Company and for the development and implementation of the Company's short- and long-range financial plansits business affairs. Executive shall not at any time while employed by the Company or any of its affiliates or for a period of one (as defined in 1) year following the Severance Protection Agreement between later of (i) termination of employment for any reason or (ii) the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (date on which the "SPA"))last payment is required to be made under Section 2.1(a)(ii) hereof, without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with mutual fund. Executive shall not at any time while employed by the Company and or any of its affiliates or for a period of two (2) years following termination of employment for any reason, directly or indirectly, solicit for employment, employ or enter into any business or contractual relationship with any employee of the Company or any of its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Dii Group Inc)

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 1998 and shall end December 31, 20012000, unless terminated sooner pursuant to Section 7 6 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Senior Vice President (and Chief Financial Officer President, DOVatron International, Inc.) of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs duties of the Senior Vice President and President, DOVatron International, Inc. 2 Executive's duties under this Agreement shall be limited to those duties performed while present in the United States relating to the Company and for the development and implementation of the Company's short- and long-range financial planssubsidiaries. Executive shall not at any time while employed by the Company or any of its affiliates or for a period of one (as defined in 1) year following the Severance Protection Agreement between later of (i) termination of employment for any reason or (ii) the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (date on which the "SPA"))last payment is required to be made under Section 2.1(a)(ii) hereof, without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with mutual fund. Executive shall not at any time while employed by the Company and or any of its affiliates or for a period of two (2) years following termination of employment for any reason, directly or indirectly, solicit for employment, employ or enter into any business or contractual relationship with any employee of the Company or any of its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Dii Group Inc)

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 1998 and shall end December 31, 20012000, unless terminated sooner pursuant to Section 7 6 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Senior Vice President and Chief Financial Officer Director of Overseas Operations of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs duties of the Company Senior Vice President and for the development and implementation Director of Overseas Operations. Executive's 2 duties under this Agreement shall be limited to those duties performed while outside of the Company's short- United States and long-range financial plansshall be subject to the fulfillment by Executive of his duties under his Employment Agreement with The DII Group, Inc. ("DII"). Executive shall not at any time while employed by the Company or any of its affiliates or for a period of one (as defined in 1) year following the Severance Protection Agreement between later of (i) termination of employment for any reason or (ii) the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (date on which the "SPA"))last payment is required to be made under Section 2.1(a)(ii) hereof, without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with mutual fund. Executive shall not at any time while employed by the Company and or any of its affiliates or for a period of two (2) years following termination of employment for any reason, directly or indirectly, solicit for employment, employ or enter into any business or contractual relationship with any employee of the Company or any of its affiliates.

Appears in 1 contract

Samples: Employment and Deferred Compensation Agreement (Dii Group Inc)

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