Common use of Title and Duties Clause in Contracts

Title and Duties. On the date on which the Employment Period commences, the Officer shall hold the position of President and Chief Executive Officer of the Holding Company and shall be a member of the Board with all of the powers and duties incident to such positions under law and under the by-laws of the Holding Company. During the Employment Period, the Officer shall: (a) devote his full business time and attention (other than during weekends, holidays, vacation periods and periods of illness or approved leaves of absence) to the business and affairs of the Holding Company and its subsidiaries and use his best efforts to advance the interests of the Holding Company and its subsidiaries, including reasonable periods of service as an officer and/or board member of trade associations, their related entities and charitable organizations; and (b) perform such reasonable additional duties, as may be assigned to him by or under the authority of the Board. The Officer shall also serve as an officer and director of Flushing Savings Bank, FSB (the “Bank”) pursuant to the Amended and Restated Employment Agreement between the Officer and the Bank dated as of the date hereof (“Bank Employment Agreement”). The Holding Company hereby acknowledges that the Officer’s service under this Agreement shall not be deemed to materially interfere with the Officer’s performance under the Bank Employment Agreement or otherwise result in a breach of the Bank Employment Agreement. The Officer shall have such authority as is necessary or appropriate to carry out his duties under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Flushing Financial Corp), Employment Agreement (Flushing Financial Corp)

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Title and Duties. On the date on which the Employment Period commences, the Officer shall hold the position of President and Executive Vice President/Chief Executive Operating Officer of the Holding Company and shall be a member of the Board with all of the powers and duties incident to such positions position under law and under the by-laws of the Holding Company. During the Employment Period, the Officer shall: (a) devote his her full business time and attention (other than during weekends, holidays, vacation periods and periods of illness or approved leaves of absence) to the business and affairs of the Holding Company and its subsidiaries and use his her best efforts to advance the interests of the Holding Company and its subsidiaries, including reasonable periods of service as an officer and/or board member of trade associations, their related entities and charitable organizations; and (b) perform such reasonable additional duties, duties as may be assigned to him by or under the authority of the Board. The Officer shall also serve as an officer and director of Flushing Savings Bank, FSB (the “Bank”) pursuant to the Amended and Restated Employment Agreement between the Officer and the Bank dated as of the date hereof (“Bank Employment Agreement”). The Holding Company hereby acknowledges that the Officer’s service under this Agreement shall not be deemed to materially interfere with the Officer’s performance under the Bank Employment Agreement or otherwise result in a breach of the Bank Employment Agreement. The Officer shall have such authority as is necessary or appropriate to carry out his her duties under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Flushing Financial Corp), Flushing Financial Corporation Employment Agreement (Flushing Financial Corp)

Title and Duties. On the date on which the Employment Period commences, the Officer shall hold the position of President and Executive Vice President/Chief Executive Operating Officer of the Holding Company and shall be a member of the Board with all of the powers and duties incident to such positions position under law and under the by-laws of the Holding Company. During the Employment Period, the Officer shall: (a) devote his full business time and attention (other than during weekends, holidays, vacation periods and periods of illness or approved leaves of absence) to the business and affairs of the Holding Company and its subsidiaries and use his best efforts to advance the interests of the Holding Company and its subsidiaries, including reasonable periods of service as an officer and/or board member of trade associations, their related entities and charitable organizations; and (b) perform such reasonable additional duties, duties as may be assigned to him by or under the authority of the Board. The Officer shall also serve as an officer and director of Flushing Savings Bank, FSB (the "Bank") pursuant to the Amended and Restated Employment Agreement between the Officer and the Bank dated as of the date hereof ("Bank Employment Agreement"). The Holding Company hereby acknowledges that the Officer’s 's service under this Agreement shall not be deemed to materially interfere with the Officer’s 's performance under the Bank Employment Agreement or otherwise result in a breach of the Bank Employment Agreement. The Officer shall have such authority as is necessary or appropriate to carry out his duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Flushing Financial Corp)

Title and Duties. On the date on which the Employment Period commences, the Officer shall hold the position of President Executive Vice President/Chief Operating Officer and Chief Executive Officer Corporate Secretary of the Holding Company and shall be a member of the Board with all of the powers and duties incident to such positions position under law and under the by-laws of the Holding Company. During the Employment Period, the Officer shall: (a) devote his her full business time and attention (other than during weekends, holidays, vacation periods and periods of illness or approved leaves of absence) to the business and affairs of the Holding Company and its subsidiaries and use his her best efforts to advance the interests of the Holding Company and its subsidiaries, including reasonable periods of service as an officer and/or board member of trade associations, their related entities and charitable organizations; and (b) perform such reasonable additional duties, as may be assigned to him her by or under the authority of the Board. The Officer shall also serve as an officer and director of Flushing Savings Bank, FSB Bank (the “Bank”) pursuant to the Amended and Restated Employment Agreement between the Officer and the Bank dated as of the date hereof (“Bank Employment Agreement”). The Holding Company hereby acknowledges that the Officer’s service under this Agreement shall not be deemed to materially interfere with the Officer’s performance under the Bank Employment Agreement or otherwise result in a breach of the Bank Employment Agreement. The Officer shall have such authority as is necessary or appropriate to carry out his her duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Flushing Financial Corp)

Title and Duties. On the date on which the Employment Period commences, the Officer shall hold the position of President and Chief Executive Officer of the Holding Company and shall be a member of the Board with all of the powers and duties incident to such positions under law and under the by-laws of the Holding Company. During the Employment Period, the Officer shall: (a) devote his full business time and attention (other than during weekends, holidays, vacation periods and periods of illness or approved leaves of absence) to the business and affairs of the Holding Company and its subsidiaries and use his best efforts to advance the interests of the Holding Company and its subsidiaries, including reasonable periods of service as an officer and/or board member of trade associations, their related entities and charitable organizations; and (b) perform such reasonable additional duties, as may be assigned to him by or under the authority of the Board. The Officer shall also serve as an officer and director of Flushing Savings Bank, FSB (the “Bank”) pursuant to the Amended and Restated Employment Agreement between the Officer and the Bank dated as of the date hereof (“Bank Employment Agreement”). The Holding Company hereby acknowledges that the Officer’s service under this Agreement shall not be deemed to materially interfere with the Officer’s performance under the Bank Employment Agreement or otherwise result in a breach of the Bank Employment Agreement. The Officer shall have such authority as is necessary or appropriate to carry out his duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Flushing Financial Corp)

Title and Duties. On the date on which the Employment Period commences, the Officer shall hold the position of President and Chief Executive Officer of the Holding Company and shall be a member of the Board with all of the powers and duties incident to such positions under law and under the by-laws of the Holding Company. During the Employment Period, the Officer shall: (a) devote his full business time and attention (other than during weekends, holidays, vacation periods and periods of illness or approved leaves of absence) to the business and affairs of the Holding Company and its subsidiaries and use his best efforts to advance the interests of the Holding Company and its subsidiaries, including reasonable periods of service as an officer and/or board member of trade associations, their related entities and charitable organizations; and (b) perform such reasonable additional duties, as may be assigned to him by or under the authority of the Board. The Officer shall also serve as an officer and director of Flushing Savings Bank, FSB Bank (the “Bank”) pursuant to the Amended and Restated Employment Agreement between the Officer and the Bank dated as of the date hereof (“Bank Employment Agreement”). The Holding Company hereby acknowledges that the Officer’s service under this Agreement shall not be deemed to materially interfere with the Officer’s performance under the Bank Employment Agreement or otherwise result in a breach of the Bank Employment Agreement. The Officer shall have such authority as is necessary or appropriate to carry out his duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Flushing Financial Corp)

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Title and Duties. On the date on which the Employment Period commences, the Officer shall hold the position of President and Chief Executive Officer (title of position) of the Holding Company and shall be a member of the Board with all of the powers and duties incident to such positions position under law and under the by-laws of the Holding Company. During the Employment Period, the Officer shall: (a) devote his full business time and attention (other than during weekends, holidays, vacation periods and periods of illness or approved leaves of absence) to the business and affairs of the Holding Company and its subsidiaries and use his best efforts to advance the interests of the Holding Company and its subsidiaries, including reasonable periods of service as an officer and/or board member of trade associations, their related entities and charitable organizations; and (b) perform such reasonable additional duties, duties as may be assigned to him by or under the authority of the Board. The Officer shall also serve as an officer and director of Flushing Savings Bank, FSB (the “Bank”) pursuant to the Amended and Restated Employment Agreement between the Officer and the Bank dated as of the date hereof (“Bank Employment Agreement”). The Holding Company hereby acknowledges that the Officer’s service under this Agreement shall not be deemed to materially interfere with the Officer’s performance under the Bank Employment Agreement or otherwise result in a breach of the Bank Employment Agreement. The Officer shall have such authority as is necessary or appropriate to carry out his duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Flushing Financial Corp)

Title and Duties. On the date on which the Employment Period commences, the Officer shall hold the position of President and Executive Vice President/Chief Executive Operating Officer of the Holding Company and shall be a member of the Board with all of the powers and duties incident to such positions position under law and under the by-laws of the Holding Company. During the Employment Period, the Officer shall: (a) devote his her full business time and attention (other than during weekends, holidays, vacation periods and periods of illness or approved leaves of absence) to the business and affairs of the Holding Company and its subsidiaries and use his her best efforts to advance the interests of the Holding Company and its subsidiaries, including reasonable periods of service as an officer and/or board member of trade associations, their related entities and charitable organizations; and (b) perform such reasonable additional duties, as may be assigned to him her by or under the authority of the Board. The Officer shall also serve as an officer and director of Flushing Savings Bank, FSB (the “Bank”) pursuant to the Amended and Restated Employment Agreement between the Officer and the Bank dated as of the date hereof (“Bank Employment Agreement”). The Holding Company hereby acknowledges that the Officer’s service under this Agreement shall not be deemed to materially interfere with the Officer’s performance under the Bank Employment Agreement or otherwise result in a breach of the Bank Employment Agreement. The Officer shall have such authority as is necessary or appropriate to carry out his her duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Flushing Financial Corp)

Title and Duties. On the date on which the Employment Period commences, the Officer shall hold the position of President Executive Vice President/Chief Operating Officer and Chief Executive Officer Corporate Secretary of the Holding Company and shall be a member of the Board with all of the powers and duties incident to such positions position under law and under the by-laws of the Holding Company. During the Employment Period, the Officer shall: (a) devote his her full business time and attention (other than during weekends, holidays, vacation periods and periods of illness or approved leaves of absence) to the business and affairs of the Holding Company and its subsidiaries and use his her best efforts to advance the interests of the Holding Company and its subsidiaries, including reasonable periods of service as an officer and/or board member of trade associations, their related entities and charitable organizations; and (b) perform such reasonable additional duties, as may be assigned to him her by or under the authority of the Board. The Officer shall also serve as an officer and director of Flushing Savings Bank, FSB (the “Bank”) pursuant to the Amended and Restated Employment Agreement between the Officer and the Bank dated as of the date hereof (“Bank Employment Agreement”). The Holding Company hereby acknowledges that the Officer’s service under this Agreement shall not be deemed to materially interfere with the Officer’s performance under the Bank Employment Agreement or otherwise result in a breach of the Bank Employment Agreement. The Officer shall have such authority as is necessary or appropriate to carry out his her duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Flushing Financial Corp)

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