Employment; Directorships Sample Clauses

Employment; Directorships. The Executive is hereby employed as the President and Chief Financial Officer of OP and is hereby appointed as the President, Treasurer and Chief Financial Officer of REIT, reporting to the Board through the Chief Executive Officer. During the Term, the Executive shall be nominated for a position on the Board, with such position subject to the required vote of the Company’s shareholders. The Executive shall also render services to any subsidiary or subsidiaries of OP or REIT as requested by the Company from time to time consistent with his executive position and experience and with the terms of this Agreement. The Company shall provide the Executive with an office and administrative support commensurate with its other senior executives. The Executive shall devote substantially all of his time and attention to the business and affairs of the Company and its subsidiaries. The Executive’s duties and responsibilities hereunder are more fully set forth in Exhibit A to this Agreement.
Sample 1
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Employment; Directorships. The Executive is hereby employed as the President and Chief Executive Officer of POMI, reporting to POMI’s board of directors and is hereby appointed as President and Chief Executive Officer of POPT, reporting to POPT’s board of directors (the “Board”). The Executive shall be slated for election to a three-year term as a Class II director of the Board at POPT’s annual meeting of stockholders in May 2010. The Executive shall also render services to any subsidiary or subsidiaries of POPT as requested by the Company from time to time consistent with his executive position and experience and with the terms of this Agreement. The Company shall provide the Executive with an office and administrative support commensurate with its other senior executives. The Executive shall devote his best efforts and full time and attention to the business and affairs of the Company and its subsidiaries to the extent necessary to discharge his responsibilities hereunder.
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Employment; Directorships. The Executive is employed as the Vice Chairman, Executive Vice President and Chief Marketing and Legal Strategist of the Corporation. As such, the Executive shall be a member of the Corporation’s senior leadership team and reporting to the CEO, with the responsibilities and authority of a senior executive assigned to him from time to time by the CEO with respect to Corporation-wide strategic, planning, legal, retail banking and marketing, investor relations, wealth management and lending activities. The Executive shall also render services to any subsidiary or subsidiaries of the Corporation as requested by the Corporation from time to time consistent with his executive position and experience and with the terms of this Agreement. The Corporation shall provide Executive with an office and administrative support commensurate with its other senior executives. The Executive shall devote his best efforts and reasonable time and attention to the business and affairs of the Corporation and its subsidiaries to the extent necessary to discharge his responsibilities hereunder. The Executive may (a) serve on charitable boards or committees at the Executive’s discretion without consent of the Board of Directors and, in addition, on such corporate boards as are approved in a resolution adopted by a majority of the Board of Directors, and (b) manage personal investments, so long as such activities do not interfere materially with performance of his responsibilities hereunder. The Executive shall also be elected as a director of the Corporation and the Bank.
Sample 1
Employment; Directorships. The Executive is hereby employed as the Executive Vice President, Government Operations of OP and is hereby appointed as the Executive Vice President, Government Operations of REIT, reporting to the Chief Executive Officer. During the Term, the Executive shall serve in the role of an advisory Board member, which permits the Executive attendance at Board meeting in a non-voting capacity; provided, however, that such Board attendance shall not apply to executive sessions of the Board. The Executive shall also render services to any subsidiary or subsidiaries of OP or REIT as requested by the Company from time to time consistent with his executive position and experience and with the terms of this Agreement. The Company shall provide the Executive with an office and administrative support commensurate with its other senior executives. The Executive shall devote substantially all of his time and attention to the business and affairs of the Company and its subsidiaries. The Executive’s duties and responsibilities hereunder are more fully set forth in Exhibit A to this Agreement.
Sample 1
Employment; Directorships. The Executive is hereby employed as the Senior Vice President, Operations of OP and is hereby appointed as Senior Vice President, Operations of REIT, reporting to the Chief Financial Officer and the Chief Operating Officer (or, in the absence of a Chief Operating Officer, the President). During the Term, the Executive shall serve in the role of an advisory Board member, which permits the Executive attendance at Board meeting in a non-voting capacity; provided, however, that such Board attendance shall not apply to executive sessions of the Board. The Executive shall also render services to any subsidiary or subsidiaries of OP or REIT as requested by the Company from time to time consistent with his executive position and experience and with the terms of this Agreement. The Company shall provide the Executive with an office and administrative support in Kansas City commensurate with its other senior executives. The Executive shall devote substantially all of his time and attention to the business and affairs of the Company and its subsidiaries. The Executive’s duties and responsibilities hereunder are more fully set forth in Exhibit A to this Agreement.
Sample 1

Related to Employment; Directorships

  • Directorship The Company shall use its best efforts to cause the Executive to be elected as a member of its Board of Directors throughout the Term and shall include him in the management slate for election as a director at every stockholders meeting during the Term at which his term as a director would otherwise expire. The Executive agrees to accept election, and to serve during the Term, as director of the Company, without any compensation therefor other than as specified in this Agreement.

  • Newly Created Directorships and Vacancies Subject to Section 5.5 hereof, newly created directorships resulting from an increase in the number of directors and any vacancies on the Board resulting from death, resignation, retirement, disqualification, removal or other cause may be filled solely and exclusively by a majority vote of the remaining directors then in office, even if less than a quorum, or by a sole remaining director (and not by stockholders), and any director so chosen shall hold office for the remainder of the full term of the class of directors to which the new directorship was added or in which the vacancy occurred and until his or her successor has been elected and qualified, subject, however, to such director’s earlier death, resignation, retirement, disqualification or removal.

  • Directorships 13.1 The Executive’s office in any Group Company is subject to the Articles of Association of the relevant company (as amended from time to time). If the provisions of this Agreement conflict with the provisions of the Articles of Association, the Articles of Association will prevail.

  • Vacancies and Newly Created Directorships If any vacancies shall occur in the Board of Directors, by reason of death, resignation, removal or otherwise, or if the authorized number of Directors shall be increased, the Directors then in office shall continue to act, and such vacancies and newly created directorships may be filled by a majority of the Directors then in office, although less than a quorum. A Director elected to fill a vacancy or a newly created directorship shall hold office until his or her successor has been elected and qualified or until his or her earlier death, resignation or removal. Any such vacancy or newly created directorship may also be filled at any time by vote of the stockholders.

  • Outside Employment Employees may engage in other employment outside of their State working hours so long as the outside employment does not involve a conflict of interest with their State employment. Whenever it appears that any such outside employment might constitute a conflict of interest, the employee is expected to consult with his/her appointing authority or other appropriate agency representative prior to engaging in such outside employment. Employees of agencies where there are established procedures concerning outside employment for the purpose of insuring compliance with specific statutory restrictions on outside employment are expected to comply with such procedures.

  • Termination of Directorship To the extent the Option becomes exercisable, the Option shall remain exercisable until twelve (12) months following any subsequent termination of directorship with the Company or its subsidiaries for any reason whatsoever but in no event shall the Option be exercisable after the Expiration Date.

  • Directorship Term The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the date hereof and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur:

  • Probationary Employment 4.2.1(a) An employer may initially engage a full-time or part-time employee for a period of probationary employment for the purpose of determining the employee's suitability for ongoing employment. The employee must be advised in advance that the employment is probationary and of the duration of the probation which can be up to but not exceed three months.

  • Re-employment Rights (1) Re-employment of Faculty Members on layoff status will be administered by the College in accordance with the then-applicable provisions of the Education Code.

  • Re-employment An employee who resigns her position and within sixty (60) days is re-employed, shall be granted a leave of absence without pay covering those days absent and shall retain all previous rights in relation to seniority and other fringe benefits subject to any benefit plan eligibility requirements.

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