Common use of Positions Clause in Contracts

Positions. During the Term (defined below), the Executive shall be employed by the Company as President and Chief Executive Officer. At the Company’s request, the Executive shall serve the Company’s subsidiaries and affiliates in other offices and capacities in addition to the foregoing. If the Executive, during the Term, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that provided in Sections 3, 4 or 5 below. Further, if the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Ashford Hospitality Trust Inc), Employment Agreement (Ashford Hospitality Trust Inc), Employment Agreement (Ashford Hospitality Trust Inc)

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Positions. During the Term (defined below), the Executive shall be employed by the Company as President Chief Legal Officer, Head of Transactions and Chief Executive OfficerSecretary. At the Company’s request, the Executive shall serve the Company’s subsidiaries and affiliates in other offices and capacities in addition to the foregoing. If the Executive, during the Term, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that provided in Sections 3, 4 or 5 below. Further, if the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Ashford Hospitality Trust Inc), Employment Agreement (Ashford Hospitality Trust Inc)

Positions. During the Term (defined below), the Executive shall be employed by the Company as President Chief Financial Officer and Chief Executive OfficerTreasurer. At the Company’s request, the Executive shall serve the Company’s subsidiaries and affiliates in other offices and capacities in addition to the foregoing. If the Executive, during the Term, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that provided in Sections 3, 4 or 5 below. Further, if the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Ashford Hospitality Trust Inc), Employment Agreement (Ashford Hospitality Trust Inc)

Positions. During the Term (defined below), the Executive shall be employed by the Company as President and Chief Executive Officer. At the Company’s 's request, the Executive shall serve the Company’s 's subsidiaries and affiliates in other offices and capacities in addition to the foregoing. If the Executive, during the Term, serves in any one or more of such additional capacities, the Executive’s 's compensation shall not be increased beyond that provided in Sections 3, 4 or 5 below. Further, if the Executive’s 's service in one or more of such additional capacities is terminated, the Executive’s 's compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ashford Hospitality Trust Inc)

Positions. During the Term (defined below), the Executive shall be employed by the Company as President and Chief Executive Accounting Officer. At the Company’s request, the Executive shall serve the Company’s subsidiaries and affiliates in other offices and capacities in addition to the foregoing. If the Executive, during the Term, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that provided in Sections 3, 4 or 5 below. Further, if the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ashford Hospitality Trust Inc)

Positions. During the Term (defined below), the Executive shall be employed by the Company as President and Chief Executive Accounting Officer. At the Company’s 's request, the Executive shall serve the Company’s 's subsidiaries and affiliates in other offices and capacities in addition to the foregoing. If the Executive, during the Term, serves in any one or more of such additional capacities, the Executive’s 's compensation shall not be increased beyond that provided in Sections 3, 4 or 5 below. Further, if the Executive’s 's service in one or more of such additional capacities is terminated, the Executive’s 's compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ashford Hospitality Trust Inc)

Positions. During the Term (defined below), the Executive shall be employed by the Company as President Chief Legal Officer and Chief Executive OfficerSecretary. At the Company’s 's request, the Executive shall serve the Company’s 's subsidiaries and affiliates in other offices and capacities in addition to the foregoing. If the Executive, during the Term, serves in any one or more of such additional capacities, the Executive’s 's compensation shall not be increased beyond that provided in Sections 3, 4 or 5 below. Further, if the Executive’s 's service in one or more of such additional capacities is terminated, the Executive’s 's compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ashford Hospitality Trust Inc)

Positions. During the Term (defined below), the Executive shall be employed by the Company as President and Chief Executive OfficerVice President, Asset Management. At the Company’s request, the Executive shall serve the Company’s subsidiaries and affiliates in other offices and capacities in addition to the foregoing. If the Executive, during the Term, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that provided in Sections 3, 4 4, 5 or 5 6 below. Further, if the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ashford Hospitality Trust Inc)

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Positions. During the Term (defined below), the Executive shall be employed by the Company as President and Chief Executive Operating Officer. At the Company’s 's request, the Executive shall serve the Company’s 's subsidiaries and affiliates in other offices and capacities in addition to the foregoing. If the Executive, during the Term, serves in any one or more of such additional capacities, the Executive’s 's compensation shall not be increased beyond that provided in Sections 3, 4 or 5 below. Further, if the Executive’s 's service in one or more of such additional capacities is terminated, the Executive’s 's compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ashford Hospitality Trust Inc)

Positions. During the Term (defined below), the Executive shall be employed by the Company as President Chief Operating Officer and Chief Executive OfficerHead of Acquisitions. At the Company’s request, the Executive shall serve the Company’s subsidiaries and affiliates in other offices and capacities in addition to the foregoing. If the Executive, during the Term, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that provided in Sections 3, 4 or 5 below. Further, if the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ashford Hospitality Trust Inc)

Positions. During the Term (defined below), the Executive shall be employed by the Company as President Chief Financial Officer and Chief Executive OfficerTreasurer. At the Company’s 's request, the Executive shall serve the Company’s 's subsidiaries and affiliates in other offices and capacities in addition to the foregoing. If the Executive, during the Term, serves in any one or more of such additional capacities, the Executive’s 's compensation shall not be increased beyond that provided in Sections 3, 4 or 5 below. Further, if the Executive’s 's service in one or more of such additional capacities is terminated, the Executive’s 's compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ashford Hospitality Trust Inc)

Positions. During the Term (defined below), the Executive shall be employed by the Company as Executive Vice President and Chief Executive Officerof Asset Management. At the Company’s request, the Executive shall serve the Company’s subsidiaries and affiliates in other offices and capacities in addition to the foregoing. If the Executive, during the Term, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that provided in Sections 3, 4 or 5 below. Further, if the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation provided herein shall not be reduced for so long as the Executive otherwise remains employed by the Company under the terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ashford Hospitality Trust Inc)

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