Common use of Duties and Responsibilities of Executive Clause in Contracts

Duties and Responsibilities of Executive. During the Employment Period, Executive’s services shall be devoted on substantially a full-time basis to (i) the business of the Partnership as directed by the General Partner under the Services Agreement and (ii) performance of the duties and responsibilities assigned to Executive by the Board or the Chief Executive Officer, to the best of Executive’s ability and with reasonable diligence. In determining Executive’s duties and responsibilities, Executive shall not be assigned duties and responsibilities that are inappropriate for Executive’s position. This Section 3 shall not be construed as preventing Executive from (a) engaging in reasonable volunteer services for charitable, educational or civic organizations, or (b) investing personal assets in such a manner that will not require a material amount of the Executive’s time or services in the operation of the businesses in which such investments are made; provided, however, no such other activity shall conflict with Executive’s loyalties and duties to the Partnership. Executive shall at all times use best efforts to comply in good faith with United States laws applicable to Executive’s actions on behalf of the Partnership and its Affiliates (as defined in Section 6(d)(l)). Executive understands and agrees that Executive may be required to travel from time to time for purposes of the Partnership’s business. The Parties agree that Executive’s principal work location cannot be relocated further than 50 miles from Executive’s principal work location on the Effective Date, except as mutually agreed by the Parties.

Appears in 3 contracts

Samples: Employment Agreement (Alta Mesa Holdings, LP), Employment Agreement (Alta Mesa Holdings, LP), Employment Agreement (Alta Mesa Holdings, LP)

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Duties and Responsibilities of Executive. During the Employment Period, Executive’s Executive shall devote his services shall be devoted on substantially a full-time basis to (i) the business of the Partnership as directed by the General Partner under the Services Agreement Company and (ii) performance of perform the duties and responsibilities assigned to Executive him under the Company's articles of incorporation or bylaws, or as assigned by the Board Chairman of the Board, the Board, the Compensation Committee, or the Chief Executive OfficerOfficer of the Company, to the best of Executive’s his ability and with reasonable diligence. In determining Executive’s 's duties and responsibilities, Executive shall not be assigned duties and responsibilities that are inappropriate for Executive’s his executive position. This Section 3 shall not be construed as preventing Executive from (a) engaging in reasonable volunteer services for charitable, educational or civic organizations, or (b) investing personal his assets in such a manner that will not require a material amount of the Executive’s his time or services in the operation operations of the businesses in which such investments are made; provided, however, no such other activity shall conflict with Executive’s 's loyalties and duties to the PartnershipCompany. Executive shall at all times use his best efforts to comply in good faith comply with United States laws applicable to Executive’s 's actions on behalf of the Partnership Company and its Affiliates (as defined in Section 6(d)(l6(d)). Executive understands and agrees that Executive he may be required to travel from time to time for purposes of the Partnership’s Company's business. The Parties agree that Executive’s principal work location cannot be relocated further than 50 miles from Executive’s principal work location on the Effective Date, except as mutually agreed by the Parties.

Appears in 3 contracts

Samples: Employment Agreement (Delta Petroleum Corp/Co), Employment Agreement (Delta Petroleum Corp/Co), Employment Agreement (Delta Petroleum Corp/Co)

Duties and Responsibilities of Executive. During the Employment Period, Executive’s services shall be devoted on substantially a full-time basis to (i) the business of the Partnership as directed by the General Partner under the Services Agreement and (ii) performance of the duties and responsibilities assigned to Executive by the Board or the Chief Executive Officer, to the best of Executive’s ability and with reasonable diligence. In determining Executive’s duties and responsibilities, Executive shall not be assigned duties and responsibilities that are inappropriate for Executive’s position. This Section 3 shall not be construed as preventing Executive from (a) engaging in reasonable volunteer services for charitable, educational or civic organizations, or (b) investing personal assets in such a manner that will not require a material amount of the Executive’s time or services in the operation of the businesses in which such investments are made; provided, however, no such other activity shall conflict with Executive’s loyalties and duties to the Partnership. Executive shall at all times use best efforts to comply in good faith with United States laws applicable to Executive’s actions on behalf of the Partnership and its Affiliates (as defined in Section 6(d)(l6(d)(1)). Executive understands and agrees that Executive may be required to travel from time to time for purposes of the Partnership’s business. The Parties agree that Executive’s principal work location cannot be relocated further than 50 miles from Executive’s principal work location on the Effective Date, except as mutually agreed by the Parties.

Appears in 2 contracts

Samples: Employment Agreement (Alta Mesa Energy LLC), Employment Agreement (Alta Mesa Energy LLC)

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Duties and Responsibilities of Executive. During the Employment Period, Executive’s services shall be devoted on substantially a full-time basis to (i) the business of the Partnership as directed by the General Partner under the Services Agreement and (ii) performance of the duties and responsibilities assigned to Executive by the Board Chief Executive Officer or the Chief Executive Operating Officer, to the best of Executive’s ability and with reasonable diligence. In determining Executive’s duties and responsibilities, Executive shall not be assigned duties and responsibilities that are inappropriate for Executive’s position. This Section 3 shall not be construed as preventing Executive from (a) engaging in reasonable volunteer services for charitable, educational or civic organizations, or (b) investing personal assets in such a manner that will not require a material amount of the Executive’s time or services in the operation of the businesses in which such investments are made; provided, however, no such other activity shall conflict with Executive’s loyalties and duties to the Partnership. Executive shall at all times use best efforts to comply in good faith with United States laws applicable to Executive’s actions on behalf of the Partnership and its Affiliates (as defined in Section 6(d)(l6(d)(1)). Executive understands and agrees that Executive may be required to travel from time to time for purposes of the Partnership’s business. The Parties agree that Executive’s principal work location cannot be relocated further than 50 miles from Executive’s principal work location on the Effective Date, except as mutually agreed by the Parties.

Appears in 1 contract

Samples: Employment Agreement (Alta Mesa Energy LLC)

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