Common use of Responsibilities and Authority Clause in Contracts

Responsibilities and Authority. (a) The Bank hereby employs Executive to serve as Executive Vice President and Chief Operating Officer of the Bank, and Executive hereby accepts such employment. Executive shall have the duties, responsibilities, authorities and powers normally incident to such office. At all times, however, Executive’s activities and authority with respect to such offices will be subject to supervision, control and direction by the Board of Directors of the Bank (the “Board”), by the Executive Committee of the Board, and by the President and Chief Executive Officer of the Bank (the “Chief Executive Officer”) and Executive agrees to carry out such duties and responsibilities as any of them may from time to time reasonably assign to him. Executive shall report from time to time or routinely, upon request, to the Chief Executive Officer or her designee as to the current status of any of Executive’s assigned duties and responsibilities.

Appears in 1 contract

Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)

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Responsibilities and Authority. (a) The Bank hereby employs Executive to serve as Executive Vice President of the Bank in charge of operations and technology and Chief Operating Information Officer of the Bank, and Executive hereby accepts such employment. Executive shall have the duties, responsibilities, authorities and powers normally incident to such office. At all times, however, Executive’s activities and authority with respect to such offices will be subject to supervision, control and direction by the Board of Directors of the Bank (the "Board"), by the Executive Committee of the Board, and by the President and Chief Executive Officer of the Bank (the "Chief Executive Officer") and Executive agrees to carry out such duties and responsibilities as any of them may from time to time reasonably assign to himExecutive. Executive shall report from time to time or routinely, upon request, to the Chief Executive Officer or her the Chief Executive Officer’s designee as to the current status of any of Executive’s assigned duties and responsibilities.

Appears in 1 contract

Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)

Responsibilities and Authority. (a) The Bank hereby employs Executive to serve as Executive Vice President and Chief Operating Lending Officer of the Bank, and Executive hereby accepts such employment. Executive shall have the duties, responsibilities, authorities and powers normally incident to such office. At all times, however, Executive’s 's activities and authority with respect to such offices will be subject to supervision, control and direction by the Board of Directors of the Bank (the "Board"), by the Executive Committee of the Board, and by the President and Chief Executive Officer of the Bank (the "Chief Executive Officer") and Executive agrees to carry out such duties and responsibilities as any of them may from time to time reasonably assign to him. Executive shall report from time to time or routinely, upon request, to the Chief Executive Officer or her designee as to the current status of any of Executive’s 's assigned duties and responsibilities.

Appears in 1 contract

Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)

Responsibilities and Authority. (a) The Bank hereby employs Executive to serve as Executive Vice President and Chief Operating Officer of the BankBank in charge of operations and technology, and Executive hereby accepts such employment. Executive shall have the duties, responsibilities, authorities and powers normally incident to such office. At all times, however, Executive’s activities and authority with respect to such offices will be subject to supervision, control and direction by the Board of Directors of the Bank (the “Board”), by the Executive Committee of the Board, and by the President and Chief Executive Officer of the Bank (the “Chief Executive Officer”) and Executive agrees to carry out such duties and responsibilities as any of them may from time to time reasonably assign to himExecutive. Executive shall report from time to time or routinely, upon request, to the Chief Executive Officer or her the Chief Executive Officer’s designee as to the current status of any of Executive’s assigned duties and responsibilities.

Appears in 1 contract

Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)

Responsibilities and Authority. (a) The Bank hereby employs Executive to serve as Executive Vice President and Chief Operating Business Officer of the Bank, and Executive hereby accepts such employment. Executive shall have the duties, responsibilities, authorities and powers normally incident to such office. At all times, however, Executive’s activities and authority with respect to such offices will be subject to supervision, control and direction by the Board of Directors of the Bank (the “Board”), by the Executive Committee of the Board, and by the President and Chief Executive Officer of the Bank (the “Chief Executive Officer”) and Executive agrees to carry out such duties and responsibilities as any of them may from time to time reasonably assign to himExecutive. Executive shall report from time to time or routinely, upon request, to the Chief Executive Officer or her the Chief Executive Officer’s designee as to the current status of any of Executive’s assigned duties and responsibilities.

Appears in 1 contract

Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)

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Responsibilities and Authority. (a) The Bank hereby employs Executive to serve as Executive Vice President and Chief Operating Lending Officer of the Bank, and Executive hereby accepts such employment. Executive shall have the duties, responsibilities, authorities and powers normally incident to such office. At all times, however, Executive’s 's activities and authority with respect to such offices will be subject to supervision, control and direction by the Board of Directors of the Bank (the "Board"), by the Executive Committee of the Board, and by the President and Chief Executive Officer of the Bank (the "Chief Executive Officer") and Executive agrees to carry out such duties and responsibilities as any of them may from time to time reasonably assign to himExecutive. Executive shall report from time to time or routinely, upon request, to the Chief Executive Officer or her the Chief Executive Officer's designee as to the current status of any of Executive’s 's assigned duties and responsibilities.

Appears in 1 contract

Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)

Responsibilities and Authority. (a) The Bank hereby employs Executive to serve as Executive Vice President Chief Financial Officer and Chief Operating Officer Treasurer of the Bank, and Executive hereby accepts such employment. Executive shall have the duties, responsibilities, authorities and powers normally incident to such officeoffices. At all times, however, Executive’s activities and authority with respect to such offices will be subject to supervision, control and direction by the Board of Directors of the Bank (the “Board”), by the Executive Committee of the Board, and by the President and Chief Executive Officer of the Bank (the “Chief Executive Officer”) and Executive agrees to carry out such duties and responsibilities as any of them may from time to time reasonably assign to himExecutive. Executive shall report from time to time or routinely, upon request, to the Chief Executive Officer or her the Chief Executive Officer’s designee as to the current status of any of Executive’s assigned duties and responsibilities.

Appears in 1 contract

Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)

Responsibilities and Authority. (a) The Bank hereby employs Executive to serve as Executive Vice President Chief Financial Officer and Chief Operating Officer Treasurer of the Bank, and Executive hereby accepts such employment. Executive shall have the duties, responsibilities, authorities and powers normally incident to such officeoffices. At all times, however, Executive’s 's activities and authority with respect to such offices will be subject to supervision, control and direction by the Board of Directors of the Bank (the "Board"), by the Executive Committee of the Board, and by the President and Chief Executive Officer of the Bank (the "Chief Executive Officer") and Executive agrees to carry out such duties and responsibilities as any of them may from time to time reasonably assign to him. Executive shall report from time to time or routinely, upon request, to the Chief Executive Officer or her designee as to the current status of any of Executive’s 's assigned duties and responsibilities.

Appears in 1 contract

Samples: Executive Employment Agreement (Bancorp Rhode Island Inc)

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