Common use of Term and Duties Clause in Contracts

Term and Duties. Employers hereby agree to employ Executive as Vice President and Chief Financial Officer, commencing on his first day of full time employment, but no later than September 4, 2007 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 4. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Pregis Holding II CORP)

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Term and Duties. Employers hereby agree to employ Executive as the Vice President and Chief Financial Officer, of Operations of each of Employers commencing on his first day of full time employment, but no later than September 4, 2007 (the “Start Date”) date hereof and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 45. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, and together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, Employers and to the promotion of their its interests consistent with and subject to the direction and control of the Board of Directors of each Employer of Employers (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Vycom Corp.)

Term and Duties. Employers hereby agree to employ Executive as Vice President and Chief Financial OfficerPresident, Hexacomb, commencing on his first day of full time employmentOctober 12, but no later than September 4, 2007 2005 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 4. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Hexacomb CORP)

Term and Duties. Employers hereby agree to employ Executive as Vice President and Chief Financial OfficerPresident, Protective Packaging North America, commencing on his first day of full time employmentOctober 12, but no later than September 4, 2007 2005 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 4. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Hexacomb CORP)

Term and Duties. Employers hereby agree to employ Executive as the Vice President and Chief Financial Officer, - Finance commencing on his first day of full time employmentNovember 1, but no later than September 4, 2007 2005 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 45. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, and together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, including treasury, accounting, audit, investor relations, human resources and information technology functions, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Vycom Corp.)

Term and Duties. Employers hereby agree to employ Executive as Vice President and Chief Financial OfficerPresident-Protective Packaging North America, commencing on his first day of full time employment, but no later than September 4December 11, 2007 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 4. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Pregis Holding II CORP)

Term and Duties. The Employers hereby agree to employ the Executive as Vice President and Chief Financial Officer, Executive Officer commencing on his first day a date mutually agreed by the parties within ten (10) days of full time employment, but no later than September 4, 2007 the date hereof (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 45. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, the Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, and together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during During the Term, the Executive shall devote his best efforts and abilities to the performance of the Executive’s duties on behalf of Employers, the Employers and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer of the Employers (the “Board”). The Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of the Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Santana Products Inc.)

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Term and Duties. The Employers hereby agree to continue to employ Executive as Vice President and Chief Financial OfficerOfficer until May 30, commencing on his first day of full time employment, but no later than September 4, 2007 2011 (the “Start Date”) and continuing for a period of three (3) years (the “"Initial Term") or until terminated in accordance with this Section 1 or Section 4. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s 's employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a "Subsequent Term” and, " and together with the Initial Term, the "Term") until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s 's duties on behalf of Employers, including treasury, accounting, audit, investor relations, information technology and procurement functions, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the "Board"). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Santana Products Inc.)

Term and Duties. Employers Employer hereby agree agrees to employ Executive as Senior Vice President and Chief Financial Officer— People Services, commencing on his first day of full time employmentJuly 1, but no later than September 4, 2007 2006 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 45. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, and together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, Employer and to the promotion of their its interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”)) and the Chief Executive Officer of Employer. Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers Employer and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Santana Products, Inc.)

Term and Duties. Employers hereby agree to employ Executive as Vice President President, Secretary and Chief Financial OfficerGeneral Counsel, commencing on his first day of full time employmentDecember 1, but no later than September 4, 2007 2005 (the “Start Date”) and continuing for a period of three (3) years (the “Initial Term”) or until terminated in accordance with this Section 1 or Section 4. Unless terminated by either Executive or Employers by written notice delivered at least thirty (30) days prior to the expiration of the Initial Term, Executive’s employment shall continue for successive one (1) year terms (each one (1) year term hereinafter referred to as a “Subsequent Term” and, together with the Initial Term, the “Term”) until terminated by written notice delivered at least thirty (30) days prior to the expiration of the Subsequent Term. Subject to the provisions of this Agreement, during the Term, Executive shall devote his best efforts and abilities to the performance of Executive’s duties on behalf of Employers, and to the promotion of their interests consistent with and subject to the direction and control of the Board of Directors of each Employer (the “Board”). Executive shall devote substantially all of his business time, energies, attention and abilities to the operation of the business of Employers and shall not be actively involved in any other trade or business or as an employee of any other trade or business.

Appears in 1 contract

Samples: Employment Agreement (Hexacomb CORP)

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