Common use of Reporting and Duties Clause in Contracts

Reporting and Duties. The Employee shall report to the Chief Executive Officer and/or President of the Company and to the Board of Directors of the Company (the “Board”). The Employee shall be responsible for performing all of the normal and customary duties, responsibilities and authorities customarily accorded to, and expected and required of the Position, including those duties, responsibilities and authorities as may be reasonably designated by the Chief Executive Officer and/or President of the Company or the Board from time to time, including but not limited to those duties as generally described on Schedule A hereto (collectively, the “Duties”). Services performed pursuant to this Agreement shall be performed at the Company’s headquarters or such place(s) as shall be mutually agreeable to the Company and Employee. The Employee understands and agrees that the Position may require travel to fulfill the Duties. The Employee agrees to comply with all applicable policies and rules of Company. During the Term, the Employee shall faithfully and honestly serve the Company and devote no less than full-time service to the business and affairs of the Company or, where applicable, any subsidiary or other affiliate of the Company (individually a “Subsidiary” and collectively, the “Subsidiaries”), including the Employee’s role in the Position and the Duties. The Employee shall use his best efforts to promote the interests of the Company and its Subsidiaries. Notwithstanding the foregoing or anything else to the contrary herein, nothing in this Agreement shall preclude the Employee from: (a) engaging in charitable, education, communal or recreational activities; or (b) engaging in another business enterprise as a passive investor; provided that in no event shall the Employee own more than 4.9% of any other business enterprise and further provided that no such business enterprise shall be a competitor of the Company or its Subsidiaries. However, the engagements described in 1.3(a) – (b) above shall only be permissible so long as they do not result in a contravention of Article 3 hereof, or impair the ability of the Employee to discharge his duties to the Company hereunder. In addition, the Employee shall truly and faithfully account for and deliver to the Company and its Subsidiaries, all money, securities and things of value belonging to the Company or the Subsidiaries which the Employee may from time to time receive for, from or on account of the Company or the Subsidiaries.

Appears in 2 contracts

Samples: Employment Agreement (Awaysis Capital, Inc.), Employment Agreement (Awaysis Capital, Inc.)

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Reporting and Duties. The Employee shall report to the Chief Executive Officer and/or President of the Company and to the Board of Directors of the Company (the “Board”). The Employee shall be responsible for performing all of the normal and customary duties, responsibilities and authorities customarily accorded to, and expected and required of the Position, including those duties, responsibilities and authorities as may be reasonably designated by the Chief Executive Officer and/or President of the Company or the Board from time to time, including but not limited to those duties as generally described on Schedule A hereto time (collectively, the “Duties”). Services performed pursuant to this Agreement shall be performed at the Company’s headquarters or such place(s) as shall be mutually agreeable to the Company and Employee. The Employee understands and agrees that the Position may require travel to fulfill the Duties. The Employee agrees to comply with all applicable policies and rules of Company. During the Term, the Employee shall faithfully and honestly serve the Company and devote no less than full-time service to the business and affairs of the Company or, where applicable, any subsidiary or other affiliate of the Company (individually a “Subsidiary” and collectively, the “Subsidiaries”), including the Employee’s role in the Position and the Duties. The Employee shall use his best efforts to promote the interests of the Company and its Subsidiaries. Notwithstanding the foregoing or anything else to the contrary herein, nothing in this Agreement shall preclude the Employee from: (a) engaging in charitable, education, communal or recreational activities; or (b) engaging in another business enterprise as a passive investor; provided that in no event shall the Employee own more than 4.9% of any other business enterprise and further provided that no such business enterprise shall be a competitor of the Company or its Subsidiaries. However, the engagements described in 1.3(a) (b) above shall only be permissible so long as they do not result in a contravention of Article 3 hereof, or impair the ability of the Employee to discharge his duties to the Company hereunder. In addition, the Employee shall truly and faithfully account for and deliver to the Company and its Subsidiaries, all money, securities and things of value belonging to the Company or the Subsidiaries which the Employee may from time to time receive for, from or on account of the Company or the Subsidiaries.

Appears in 1 contract

Samples: Employment Agreement (Awaysis Capital, Inc.)

Reporting and Duties. The Employee shall report to the Chief Executive Officer and/or President of the Company and to the Board of Directors of the Company (the “Board”)Company. The Employee shall be responsible for performing (a) the preparation and implementation of the commercialization strategy for the Company and each of the Company’s existing and planned products from time to time, (b) delivering commercial sales in accordance with the Company’s budget, (c) support any and all partnering efforts associated with the Company’s existing and planned products and (d) perform all of the normal and customary duties, responsibilities and authorities customarily accorded to, and expected and required of the Position, including those duties, responsibilities and authorities as may be reasonably designated by the Chief Executive Officer and/or President of the Company or the Board from time to time, including but not limited to those duties as generally described on Schedule A hereto time (collectively, the “Duties”). Services performed pursuant to this Agreement shall be performed at the Company’s U.S. headquarters in Boston, Massachusetts, or such place(s) as shall be mutually agreeable to the Company and Employee. The Employee understands and agrees that the Position may require requires travel to the Company’s chief executive offices in Toronto, Canada from time to time, as well as other destinations, to fulfill the Duties. The Employee agrees to comply with all applicable policies and rules of Company. During the Term, the Employee shall faithfully and honestly serve the Company and devote no less than full-time service to the business and affairs of the Company or, where applicable, any subsidiary or other affiliate of the Company (individually a “Subsidiary” and collectively, the “Subsidiaries”), including the Employee’s role in the Position and the Duties. The Employee shall use his best efforts to promote the interests of the Company and its Subsidiaries. Notwithstanding the foregoing or anything else to the contrary herein, nothing in this Agreement shall preclude the Employee from: (a) engaging in charitable, education, communal or recreational activities; or (b) engaging in another business enterprise as a passive investor; provided that in no event shall the Employee own more than 4.9% of any other business enterprise and further provided that no such business enterprise shall be a competitor of the Company or its Subsidiaries. However, the engagements described in 1.3(a) – (b) above shall only be permissible so long as they do not result in a contravention of Article 3 hereof, or impair the ability of the Employee to discharge his duties to the Company hereunder. In addition, the Employee shall truly and faithfully account for and deliver to the Company and its Subsidiaries, all money, securities and things of value belonging to the Company or the Subsidiaries which the Employee may from time to time receive for, from or on account of the Company or the Subsidiaries.:

Appears in 1 contract

Samples: Employment Agreement (Bionik Laboratories Corp.)

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Reporting and Duties. The Employee shall report to the Chief Executive Officer and/or President of the Company and to the Board of Directors of the Company (the “Board”). The Employee shall be responsible for performing all of the normal and customary duties, responsibilities and authorities customarily accorded to, and expected and required of the Position, including those duties, responsibilities and authorities as may be reasonably designated by the Chief Executive Officer and/or President of the Company or the Board from time to time, including but not limited to those duties as generally described on Schedule A hereto time (collectively, the “Duties”). Services performed pursuant to this Agreement shall be performed at the Company’s headquarters or such place(s) as shall be mutually agreeable to the Company and Employee. The Employee understands and agrees that the Position may require travel to fulfill the Duties. The Employee agrees to comply with all applicable policies and rules of Company. During the Term, the Employee shall faithfully and honestly serve the Company and devote no less than full-time service to the business and affairs of the Company or, where applicable, any subsidiary or other affiliate of the Company (individually a “Subsidiary” and collectively, the “Subsidiaries”), including the Employee’s role in the Position and the Duties. The Employee shall use his best efforts to promote the interests of the Company and its Subsidiaries. Notwithstanding the foregoing or anything else to the contrary herein, nothing in this Agreement shall preclude the Employee from: (a) engaging in charitable, education, communal or recreational activities; or (b) engaging in another business enterprise as a passive investor; provided that in no event shall the Employee own more than 4.9% of any other business enterprise and further provided that no such business enterprise shall be a competitor of the Company or its Subsidiaries. However, the engagements described in 1.3(a) – (b) above shall only be permissible so long as they do not result in a contravention of Article 3 hereof, or impair the ability of the Employee to discharge his duties to the Company hereunder. In addition, the Employee shall truly and faithfully account for and deliver to the Company and its Subsidiaries, all money, securities and things of value belonging to the Company or the Subsidiaries which the Employee may from time to time receive for, from or on account of the Company or the Subsidiaries.

Appears in 1 contract

Samples: Employment Agreement (Awaysis Capital, Inc.)

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