Title, Duties and Responsibilities. While Executive is employed by the Company, Executive will serve as the Chief Legal Officer and Corporate Secretary of OptiNose, Inc. and will report to the Chief Executive Officer of OptiNose, Inc. Executive will have such duties and responsibilities that are commensurate with Executive’s position and such other duties and responsibilities as are from time to time assigned to Executive by the Chief Executive Officer or the Board of Directors of the OptiNose, Inc. (the “Board”). While Executive is employed by the Company, Executive will devote Executive’s full business time, energy and skill to the performance of Executive’s duties and responsibilities hereunder. Executive will not be permitted to engage in other activities that interfere with Executive’s performance of his duties under this Agreement, conflict with the business of the Company or violate any provisions of Section 8 herein. Executive shall, if requested by the Board, also serve as an officer or director of any affiliate of the Company for no additional compensation. Executive’s place of employment will be the Company’s offices in Yardley, Pennsylvania.
Title, Duties and Responsibilities. During the Employment Period, the Executive will serve in the capacity with the Title(s) and Office(s) set forth in Schedule A of this Agreement. Executive initially will perform the responsibilities of an executive of such Title(s) and Office(s) of a privately-held company. If the Company initiates an initial public offering of its stock, the Executive will perform the responsibilities of such Title(s) and Office(s) of a publicly-held company. Executive will undertake such duties and functions, and carry out the lawful directions commensurate with Executive’s position as may be lawfully assigned to Executive by the Board of Directors (the “Board”) or any committee thereof, and/or the officers of the Company listed as those to whom Executive reports in Schedule A. At all times during the Executive’s employment, the Executive will be subject to, and will comply with, the lawful direction and policies from time-to-time established in good faith by the Board or any committee thereof.
Title, Duties and Responsibilities. While Executive is employed by the Company, Executive will serve as the President and Chief Operating Officer of OptiNose, Inc. and will report to the Chief Executive Officer of OptiNose, Inc. Executive will have such duties and responsibilities that are commensurate with Executive’s position and such other duties and responsibilities as are from time to time assigned to Executive by Chief Executive Officer or the Board of Directors of the OptiNose, Inc. (the “Board”). While Executive is employed by the Company, Executive will devote Executive’s full business time, energy and skill to the performance of Executive’s duties and responsibilities hereunder; provided, however, that Executive will be permitted to devote a reasonable amount of time either during or after business hours to Outside Activities (as defined below), so long as such activities (i) do not prohibit or interfere with Executive’s performance of Executive’s duties under this Agreement, (ii) do not conflict with the business of the Company or violate any of the provisions of Section 8 herein and (iii) are approved in advance in writing by the Chief Executive Officer of OptiNose, Inc. and the Nominating and Corporate Governance Committee (which consent shall not be unreasonably withheld). For purposes of this Agreement, “Outside Activities” shall include the oversight of passive investments and activities involving professional, charitable, education, religious and other organizations (including membership on boards of for-profit and non-profit organizations). Executive shall, if requested by the Board, also serve as an officer or director of any affiliate of the Company for no additional compensation. Executive’s place of employment will be the Company’s offices in Yardley, Pennsylvania.
Title, Duties and Responsibilities. (a) The Bank hereby employs Executive as its Executive Vice President and Chief Financial Officer (“CFO”) subject to the supervision and direction of the Bank’s CEO. Executive shall have such duties as may be assigned to him from time to time by the CEO commensurate with his experience and ordinary responsibilities and regulatory requirements for the position for which he is employed, CFO. Such duties shall be exercised subject to the control and supervision of the CEO. The Bank shall employ Executive on a full-time basis, and Executive shall devote his full time and professional efforts to the performance of his assigned duties. The foregoing specifications are not intended as a complete itemization of the duties Executive shall perform and undertake on behalf of the Bank in satisfaction of his employment obligations under this Agreement.
Title, Duties and Responsibilities. Upon the terms and subject to the conditions herein contained, the Company shall continue to employ Executive as the Chief Executive Officer of the Company, reporting to the Board, and Executive hereby accepts such continued employment. Executive also shall continue to serve as the Chairman of the Board, subject to the Board's right to elect a different person to serve as Chairman. Executive shall continue to serve as a member of the Board during the Term, subject to the shareholders' election of Executive to the Board. During the Term, the Company shall cause Executive to be nominated for election to the Board at each meeting of the shareholders of the Company where the election of the members of the Board is included in the purposes of such meeting unless Executive has otherwise notified the Company that he does not intend to stand for re-election to the Board. Executive shall not receive any additional compensation for services as a member of the Board. Executive shall, if requested by the Board, also serve as an officer or director of any affiliate of the Company for no additional compensation. Executive shall render such services and perform such duties commensurate with his positions as may be reasonably assigned to him from time to time by the Board. Excluding any periods of vacation and sick leave to which Executive is entitled, Executive agrees to devote Executive's full business time and best efforts to the performance of Executive's duties hereunder and to the business and affairs of the Company. Notwithstanding the foregoing, Executive shall be permitted to, with the prior written consent of the Board (which consent shall not be unreasonably withheld), serve on up to two (2) outside boards, so long as such activities, in the aggregate, do not interfere with Executive's duties for the Company. Executive may continue to serve on the boards of Xxxxx Pharmaceuticals LLC and Velico Medical, which board service shall count toward the foregoing limit of two (2) outside boards.
Title, Duties and Responsibilities. Employee will serve as the Chief Operating Officer of the Company and will report to the Company’s Chief Executive Officer (the “CEO”), and perform such duties, services, and tasks as requested by the CEO that are commensurate with his position. During Employee’s employment with the Company, Employee shall devote his full business time, attention and ability to the performance of his duties hereunder and shall not be employed in any other capacity, or render services to any other party, without the prior written consent of the Company.
Title, Duties and Responsibilities. The Bank hereby employs Executive as its Chairman and Chief Executive Officer (“CEO”) subject to the supervision and direction of the Bank’s respective Boards of Directors (collectively, the “Board”). Executive shall have such duties as may be assigned to him from time to time by the Board commensurate with his experience and ordinary responsibilities and regulatory requirements for the position for which he is employed, CEO and Chairman of the Bank. Such duties shall be exercised subject to the control and supervision of the Board. The Bank shall employ Executive on a full-time basis, and Executive shall devote his full time and professional efforts to the performance of his assigned duties. The foregoing specifications are not intended as a complete itemization of the duties Executive shall perform and undertake on behalf of the Bank in satisfaction of his employment obligations under this Agreement. Executive shall submit to the Board for its approval, not later than the beginning of each calendar year, an annual business plan for the Bank (the “Annual Plan”). The Annual Plan shall be revised by Executive and submitted to the Board for its review and approval from time to time as needed during each year to reflect changes in Bank operations. Each Annual Plan shall include the following information:
Title, Duties and Responsibilities. The Bank hereby employs Executive as its General Counsel-Executive Vice President (“GC”) or other title as designated by the Bank’s CEO in his sole discretion, subject to the supervision and direction of the Bank’s CEO or other executive as designated by the Bank’s CEO in his sole discretion (the “Supervisor”). Executive shall have such duties as may be assigned to him from time to time by the Supervisor commensurate with his experience and ordinary responsibilities and regulatory requirements for the position for which he is employed. Such duties shall be exercised subject to the control and supervision of the Supervisor. The Bank shall employ Executive on a full-time basis, and Executive shall devote his full time and professional efforts to the performance of his assigned duties. The foregoing specifications are not intended as a complete itemization of the duties Executive shall perform and undertake on behalf of the Bank in satisfaction of his employment obligations under this Agreement.
Title, Duties and Responsibilities. Effective December 8, 2016, you will no longer serve in the role of Executive Chairman & Chief Scientific Officer (“CSO”) at the Company, you will transition to the role of Scientific Advisor to the Company’s President and Chief Executive Officer (“CEO”). As a Scientific Advisor, you will continue to work and provide services to the Company, although your role will change and your time commitment will be reduced to a level to be determined by the CEO after consultation with you. Your duties and other details associated with your employment and your new role will also be determined by the Company’s CEO after consultation with you. While you will no longer serve as Executive Chairman of the Company’s Board of Directors (the “Board”), you will continue to serve as a member of the Board, subject only to the bylaws and other processes and procedures relative to election and removal. You may also perform outside board, consulting and advisory arrangements that do not violate the Noncompetition Agreement or your fiduciary duties as a Board member and that do not interfere with your role as Scientific Advisor. To the extent that you are interested in performing other business activities not specifically addressed in this Section 2, you may seek approval from the Company’s CEO.
Title, Duties and Responsibilities. Your title will be Chairman of the Board and Chief Executive Officer of the Company. In this capacity, you will be a full-time employee of the Company, report directly to the Board of Directors of the Company (the “Board”), and have all of the duties and responsibilities attendant to the position of Chairman of the Board and Chief Executive Officer as provided in the Company’s Bylaws and such other duties and responsibilities as are reasonably assigned by the Board. You may continue to engage in charitable activities and serve as a member of the board of directors of Catalent Corp., Invuity, Inc., and such other companies as the Board may approve from time-to-time.
