Common use of Positions Clause in Contracts

Positions. (a) Executive shall serve as President of the Company. It --------- is the intention of the parties that during the Employment Term, Executive shall also serve on the Board of Directors of the Company (the "Board") without additional compensation. During the term of this Agreement, the Company shall recommend the Executive for election as a director.

Appears in 3 contracts

Samples: Employment Agreement (Wilshire Financial Services Group Inc), Employment Agreement (Wilshire Financial Services Group Inc), Employment Agreement (Wilshire Financial Services Group Inc)

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Positions. (a) Executive shall serve as President Chief Executive Officer of --------- the Company. It --------- is the intention of the parties that during the Employment Term, Executive shall also serve on the Board of Directors of the Company (the "Board") as Chairman without additional compensation. During the term of this Agreement, the Company shall recommend the Executive for election as a director.

Appears in 3 contracts

Samples: Employment Agreement (Wilshire Financial Services Group Inc), Employment Agreement (Wilshire Financial Services Group Inc), Employment Agreement (Wilshire Financial Services Group Inc)

Positions. (a) Executive shall serve as President Chief Executive Officer of the Company. It --------- is the intention of the parties that during the Employment Term, Executive shall also serve on the Board of Directors of the Company (the "Board") as Chairman without additional compensation. During the term Employment Term of this Agreement, the Company shall recommend the Executive for election as a directordirector and as Chairman.

Appears in 2 contracts

Samples: Employment Agreement (Fog Cutter Capital Group Inc), Employment Agreement (Fog Cutter Capital Group Inc)

Positions. (a) Executive shall serve as President Chief Executive Officer of the Company. It --------- is the intention of the parties that during the Employment Term, Executive shall also serve on the Board of Directors of the Company (the "Board") as Chairman without additional compensation. During the term of this Agreement, the Company shall recommend the Executive for election as a directordirector and as Chairman.

Appears in 2 contracts

Samples: Employment Agreement (Fog Cutter Capital Group Inc), Employment Agreement (Fog Cutter Capital Group Inc)

Positions. (a) Executive shall serve as President of the Company. It --------- is the intention of the parties that during the Employment Term, Executive shall also serve on the Board of Directors of the Company (the "Board") without additional compensation. During the term of this Agreement, the Company shall recommend the Executive for election as a director.

Appears in 2 contracts

Samples: Employment Agreement (Fog Cutter Capital Group Inc), Employment Agreement (Fog Cutter Capital Group Inc)

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Positions. (a) Executive shall serve as President Chief Executive Officer of the Company. It --------- is the intention of the parties that during the Employment Term, Executive shall also serve on the Board of Directors of the Company (the "Board") as Chairman without additional compensation. During the term of this Agreement, the Company shall recommend the Executive for election as a director.

Appears in 1 contract

Samples: Employment Agreement (Wilshire Real Estate Investment Trust Inc)

Positions. (a) Executive shall serve as the President and Chief Executive Officer of the Company. It --------- is the intention of the parties that during the Employment Term, Executive shall also serve on the Board of Directors without additional compensation and subject to any policy of the Company Compensation Committee of the Company’s Board (the "Board"“Compensation Committee”) without additional compensation. During the term of this Agreement, the Company shall recommend the Executive for election as a with regard to director’s fees.

Appears in 1 contract

Samples: Employment Agreement (Aphton Corp)

Positions. (a) Executive shall serve as President of the Company. It --------- is the intention of the parties that during the Employment Term, Executive shall also serve on the Board of Directors of the Company (the "Board") without additional compensation. During the term of this Agreement, the Company shall recommend the Executive for election as a director.

Appears in 1 contract

Samples: Employment Agreement (Wilshire Real Estate Investment Trust Inc)

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