Position Duties Responsibilities Clause Samples

Position Duties Responsibilities. 3.01 During the Period of Employment, the Executive shall continue to serve as a Vice President of the Company or one of its subsidiaries and continue to have the duties and responsibilities of those positions that the Executive possessed immediately prior to the CiC Date. 3.02 During the Period of Employment, the Executive shall also serve and continue to serve, if and when elected and reelected, as an officer or director, or both, of any affiliate of the Company. 3.03 Throughout the Period of Employment, the Executive shall devote his full time and undivided attention during normal business hours to the business and affairs of the Company, except for reasonable vacations, illness or incapacity; however, nothing in this Agreement shall preclude the Executive from (i) devoting reasonable periods required for serving as a director or member of a committee of any organization that does not involve a conflict of interest with the interests of the Company, (ii) engaging in charitable and community activities, and (iii) managing his personal investments, provided that such activities do not materially interfere with the regular performance of his duties and responsibilities under this Agreement. The Board of Directors of the Company shall give the Executive written notice of any such activities that it believes materially interfere with his duties hereunder and provide the Executive with a reasonable period of time to correct such activities. 3.04 During the Period of Employment, the Executive shall be based at the offices of the Company maintained in Cheyenne, WY. The Executive shall not be required to be absent from the office on travel status or otherwise more than a total of 60 business days in any calendar year nor more than 20 consecutive days at any one time.

Position Duties Responsibilities. 3.1 It is intended that at all times during the Term of employment hereunder, the Employee shall serve as the Chief Executive Officer of the Company. The Employee agrees to perform such senior executive officer and managerial services customary to such position as are necessary to the operations of the Company and as may be assigned to him from time to time by the Company's Board of Directors (the "Board of Directors"). 3.2 Throughout the Term of employment hereunder, the Employee shall devote his full time and undivided attention during normal business hours to the business and affairs of the Company, as appropriate to his responsibilities and duties hereunder, except for reasonable vacations and illness or other disability, but nothing in this Agreement shall preclude the Employee from devoting reasonable periods required for serving as a director or member of any advisory committee of not more than two (at any time) "for profit" organizations involving no conflict of interest with the interests of the Company (subject to approval by the Board of Directors, which approval shall not be unreasonably withheld), or from engaging in charitable and community activities, or from managing his personal investments, provided such activities do not materially interfere with the performance of his duties and responsibilities under this Agreement.

Position Duties Responsibilities. 3.01 It is contemplated that at all times during the Period of Employment the Executive shall continue to serve as a principal officer of the Company with the office and title of Vice President, General Counsel of the Company and continue to have duties and responsibilities commensurate with those duties and responsibilities imposed on the Executive immediately prior to the Effective Date.

Position Duties Responsibilities. Commencing on the date of the Change in Control, the Executive shall serve in the position and have the duties and responsibilities as in effect immediately prior to the date of the Change in Control.

Position Duties Responsibilities. The Company hereby agrees to employ Executive, and Executive agrees to serve, as Chief Financial Officer during the Term. Subject to the terms hereof, Executive shall serve either at the Company's principal place of business or such other place at which Executive shall request, which shall be reasonably granted by the Company. Executive shall report to the Company's Chief Executive Officer and/or its Board of Directors, as appropriate. Executive, in his capacity as Chief Financial Officer of the Company, shall (i) oversee all financing, including but not limited to private placements, whether brokered or non-brokered; (ii) oversee the budget and overhead of the Company; (iii) ensure that the Company remains compliant with all regulatory requirements; (iv) prepare and file the Company's quarterly and annual financial statements; (v) prepare agreements that may from time to time be required by the Company; (vi) prepare and file documents in connection with the Company's financings; (vii) maintain correspondence with shareholders and other persons material to the affairs of the Company; and (viii) perform all other duties that may from time to time be required by the Company or as is normally attendant to Executive's position as an officer of the Company. In furtherance thereof, Executive shall have the full authority and responsibility prescribed by the Company's Bylaws relating to or otherwise normally attendant to his position as an executive officer of a corporation holding such position and shall hold such responsibilities as shall be determined pursuant to the periodic review and approval of the Chief Executive Officer and/or Board of Directors or any committee thereof.

Position Duties Responsibilities. At all times during the Contract Period, Employee shall: (a) hold the same position with substantially the same duties and responsibilities as an executive of the Company as Employee held immediately before the Change in Control Date and those duties and responsibilities may be extended, from time to time during the Contract Period, by the Board with Employee's consent; (b) adhere to and implement the policies and directives promulgated, from time to time, by the Board; (c) observe all Company policies applicable to executive personnel of the Company; and (d) devote his business time, energy, and talent to the business of and to the furtherance of the purposes and objectives of the Company to generally the same extent as he has so devoted his business time, energy, and talent before the Change in Control Date, and neither directly nor indirectly render any business, commercial, or professional services to any other person, firm, or organization for compensation without the prior approval of the Board. Nothing in this Agreement shall preclude Employee from devoting reasonable period of time to charitable and community activities or the management of his investment assets provided such activities do not materially interfere with the performance by Employee of his duties hereunder.

Position Duties Responsibilities. 1.1 The Company hereby employs ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ hereby agrees to serve as Chairman and Chief Executive Officer of Company and in such other executive positions as designated by the Board of Directors of the Company ("Board"). ▇▇▇▇▇▇▇ shall report to and be subject to the supervision, control and direction of the Board. He shall be the senior executive of the Company. ▇▇▇▇▇▇▇ shall have such other responsibilities and authority consistent with the status, titles and reporting requirements set forth herein as are appropriate to said positions, subject to change from time to time by the Board, provided that ▇▇▇▇▇▇▇ shall not be required to accept any position or reporting requirements or perform any duties that are inconsistent with his status as the Chief Executive Officer of the Company. ▇▇▇▇▇▇▇'▇ office shall be principally located at the Company's headquarters, currently in Liberty Corner, New Jersey. During the term of the Agreement, the Company will not relocate its headquarters more than one and one-half hours' travel time by automobile from the Company's headquarters in Liberty Corner, New Jersey. Holdings hereby employs ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ hereby agrees to serve during the term of this Agreement, without additional compensation, on similar terms and conditions as set forth in the preceding paragraph, as Chairman and Chief Executive Officer of Holdings and, subject to his election, as a director of the Company, and as a director and officer of any corporation which is a subsidiary or affiliate of the 1.2 During the course of his employment, ▇▇▇▇▇▇▇ agrees to devote his full working time and attention and give his best efforts and skill to furthering the business and interests of the Company and Holdings. Consistent with the foregoing, ▇▇▇▇▇▇▇ may volunteer a reasonable portion of his non-working time to charitable, civic and professional organizations. 1.3 Notwithstanding the provisions of Section 1.2 above, during the course of his employment ▇▇▇▇▇▇▇ may serve as a director or officer of one or more companies affiliated with the Company. ▇▇▇▇▇▇▇ may also, with the written consent of the Company and Holdings, serve as a director of any public or private corporation, as a member of the governing board or as an officer of any charitable, civic, educational or professional organization, provided, however, that ▇▇▇▇▇▇▇ shall comply with the procedures established by the Company and Holdings to prevent conflicts of interest by its officers and employees...

Position Duties Responsibilities. 3.1 It is contemplated that during the Period of Employment, Executive shall continue to serve as a principal officer of the Company; currently Executive Vice President, Finance and Chief Financial Officer. At all times during the Period of Employment, Executive shall hold a position of responsibility and importance with duties and responsibilities at least equal in scope, responsibility and importance to and commensurate with the position of Executive Vice President, Finance and Chief Financial Officer. 3.2 Throughout the Period of Employment Executive shall devote his full time and undivided attention during normal business hours to the business and affairs of the Company except for reasonable vacations. The office of Executive shall be located at the principal offices of the Company within the Racine, Wisconsin area and Executive shall not be required to locate his office elsewhere without his prior written consent.

Position Duties Responsibilities. At all times during the Contract Period, Employee shall: (a) hold the same position with substantially the same duties and responsibilities as an executive of the Subsidiary as Employee held immediately before the Change in Control Date and as those duties and responsibilities may be extended, from time to time during the Contract Period, by the Board with Employee's consent; (b) adhere to and implement the policies and directives promulgated, from time to time, by the Board; (c) observe all Company and Subsidiary policies applicable to executive personnel of the Company and Subsidiary; and (d) devote [his][her] business time, energy, and talent to the business of and to the furtherance of the purposes and objectives of the Company and the Subsidiary to generally the same extent as [he][she] has so devoted [his][her] business time, energy, and talent before the Change in Control Date, and neither directly nor indirectly render any business, commercial, or professional services to any other person, firm, or organization for compensation without the prior approval of the Board. Nothing in this Agreement shall preclude Employee from devoting reasonable periods of time to charitable and community activities or the management of [his][her] investment assets provided such activities do not materially interfere with the performance by Employee of [his][her] duties hereunder.