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franchise agreements and other contracts or agreements of the Company, and modifications, extensions, waivers or terminations thereof;\n(g) negotiate, on behalf of the Company, terms of loan documents for the Company\u2019s financings;\n(h) enforce, monitor and manage compliance of loan documents to which the Company is a party, in each case, on behalf of the Company;\n(i) administer bookkeeping and accounting functions as are required for the management and operation of the Company, contract for audits and prepare or cause to be prepared such periodic reports and filings as may be required by any governmental authority in connection with the ordinary conduct of the Company\u2019s business, and otherwise advise and assist the Company with its compliance with applicable legal and regulatory requirements, including without limitation, periodic reports, returns or statements required under the Securities Exchange Act of 1934, as amended, the Code and any regulations or rulings thereunder, 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Specifically, Employee shall devote his full business time and attention and use his best efforts to accomplish and fulfill the following duties and responsibilities, as well as other duties assigned to Employee from time to time by the Board:\n(i) serve as the President and Chief Executive Officer of the Bank;\n(ii) perform such executive services for the Bank as may be consistent with his titles or be assigned to him by the Board;\n(iii) serve on such committees as appointed by the Board from time to time;\n(iv) keep the other executives of the Bank and the Board informed of important developments concerning the Bank's activities, industry developments and regulatory initiatives affecting the Bank;\n(v) maintain adequate expense records relating to Employee's activities on behalf of the Bank;\n(vi) increase the business of the Bank;\n(vii) coordinate with the Bank's other executives to the extent necessary to further the business of the Bank, keeping in compliance with government laws and regulations and otherwise keeping the Bank in as good a financial and legal posture as possible; and\n(viii) conduct and undertake all other activities, responsibilities, and duties normally expected to be undertaken and accomplished by a President or Chief Executive Officer of a financial institution similar in scope and operation to the Bank's business.", "size": 11, "samples": [{"hash": "jnfFxF4y7iL", "uri": "/contracts/jnfFxF4y7iL#specific-duties", "label": "Employment Agreement (Jacksonville Bancorp Inc /Fl/)", "score": 21.0, "published": true}, {"hash": "hxiV0Tu4ICW", "uri": "/contracts/hxiV0Tu4ICW#specific-duties", "label": "Employment Agreement (Jacksonville Bancorp Inc /Fl/)", "score": 21.0, "published": true}], "hash": "45cd7d31668665a6c6d21b424bb73680", "id": 9}, {"snippet_links": [{"key": "during-the-term-of-this-agreement", "type": "clause", "offset": [0, 33]}, {"key": "the-executive", "type": "clause", "offset": [34, 47]}, {"key": "will-serve", "type": "definition", "offset": [53, 63]}, {"key": "chairman-of-the-board-and-chief-executive-officer", "type": "clause", "offset": [67, 116]}, {"key": "for-the-company", "type": "definition", "offset": [117, 132]}, {"key": "to-serve", "type": "definition", "offset": [182, 190]}, {"key": "director-of-the-company", "type": "definition", "offset": [196, 219]}, {"key": "an-officer", "type": "clause", "offset": [246, 256]}, {"key": "agrees-to", "type": "clause", "offset": [445, 454]}, {"key": "efforts-to-perform", "type": "clause", "offset": [480, 498]}, {"key": "services-required", "type": "definition", "offset": [510, 527]}, {"key": "other-services", "type": "clause", "offset": [631, 645]}, {"key": "in-accordance-with", "type": "clause", "offset": [717, 735]}], "snippet": "During the term of this Agreement the Executive: (a) will serve as Chairman of the Board and Chief Executive Officer for the Company; (b) will be nominated for election or appointed to serve as a director of the Company; (c) will be appointed as an officer of one (1) or more of the Company\u2019s subsidiaries; and (d) may be nominated for election or appointed to serve as a director of one (1) or more of the Company\u2019s subsidiaries. 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It typically outlines in detail what actions, services, or deliverables are expected, such as providing regular reports, maintaining certain standards, or completing designated projects. By clearly enumerating these obligations, the clause ensures both parties understand their roles and helps prevent disputes over the scope of work or performance expectations."}, "json": true, "cursor": ""}}