Common use of Authority and Duties Clause in Contracts

Authority and Duties. The Executive shall exercise such authority, perform such executive duties and functions and discharge such responsibilities as are reasonably associated with the Executive's position, commensurate with the authority vested in the Executive's position, pursuant to this Agreement and consistent with the By-Laws of the Company and ___________, respectively. Without limiting the generality of the foregoing, the Executive shall report directly and be responsible to the President of the Company. During the Employment Period, the Executive shall devote his full business time, skill and efforts to the business of the Company. Notwithstanding the foregoing, the Executive may (i) make and manage passive personal business investments of his choice (in the case of publicly held corporations not to exceed 1% of the outstanding voting stock) and serve in any capacity with any civic, educational or charitable organization, or any trade association, without seeking or obtaining approval by the Board, provided such activities and service do not materially interfere or conflict with the performance of his duties hereunder and (ii) with the approval of the Board, serve on the boards of directors of other corporations.

Authority and Duties. The Executive shall exercise such authority, perform such executive duties and functions and discharge such responsibilities as are reasonably associated with the Executive's position, commensurate with the authority vested in the Executive's position, pursuant to this Agreement and consistent with the By-Laws of the Company and ___________PPI, respectively. Without limiting the generality of the foregoing, the Executive shall report directly and be solely responsible to the President Board with respect to the research and development functions of the CompanyCompany and its subsidiaries. During the Employment Period, the Executive shall devote his full business time, skill and efforts to the business of the Company. Notwithstanding the foregoing, the Executive may (i) make and manage passive personal business investments of his choice (in the case of publicly held corporations not to exceed 1% of the outstanding voting stock) and serve in any capacity with any civic, educational or charitable organization, or any trade association, without seeking or obtaining approval by the Board, provided such activities and service do not materially interfere or conflict with the performance of his duties hereunder and (ii) with the approval of the Board, serve on the boards of directors of other corporations.

Authority and Duties. The Executive Employee shall exercise such authority, perform such financial, and executive duties and functions and discharge such responsibilities as are reasonably associated with the Executive's positionEmployee’s position as President and CEO of Post-Merger STI, commensurate with the authority vested in the Executive's Employee’s position, pursuant to this Agreement and consistent with the By-Laws of the Company and ___________, respectively. Without limiting the generality of the foregoing, the Executive shall report directly and be responsible to direction provided by the President of the Company, or his designee. During the Employment Period, the Executive Employee shall devote his full business time, skill and efforts to the business of the Company, and to no other economic endeavor. Notwithstanding the foregoing, the Executive may Employee may: (i) make and manage passive personal business investments of his choice (in the case of publicly publicly-held corporations corporations, not to exceed 1% five percent (5%) of the outstanding voting stock) and serve in any capacity with any civic, educational or charitable organization, or any trade association, organization without seeking or obtaining prior approval by the BoardPresident of the Company, (ii) continue his ownership and activities as a partner in Xxxxx Tax Consultants, LLC; provided that, such ownership, activities and service do not materially interfere or conflict in any respect with the performance of his duties hereunder and (ii) hereunder. Additionally, Employee may, with the approval of the BoardPresident, which shall not be unreasonably withheld, serve on the boards of directors of other corporations.

Authority and Duties. The Executive shall exercise such authority, perform such executive duties and functions and discharge such responsibilities as are reasonably associated with the Executive's position, commensurate with the authority vested in the Executive's position, pursuant to this Agreement and consistent with the By-Laws of the Company and ___________RTI, respectively. Without limiting the generality of the foregoing, the Executive shall report directly and be responsible to the President of the Company. During the Employment Period, the Executive shall devote his full business time, skill and efforts to the business of the Company. Notwithstanding the foregoing, the Executive may (i) make and manage passive personal business investments of his choice (in the case of publicly held corporations not to exceed 1% of the outstanding voting stock) and serve in any capacity with any civic, educational or charitable organization, or any trade association, without seeking or obtaining approval by the Board, provided such activities and service do not materially interfere or conflict with the performance of his duties hereunder and (ii) with the approval of the Board, serve on the boards of directors of other corporations.

Authority and Duties. The Executive shall exercise such authority, perform such executive duties and functions and discharge such responsibilities as are reasonably associated with the Executive's position, commensurate with the authority vested in the Executive's position, pursuant to this Agreement and consistent with the By-Laws of the Company and ___________, respectivelyCompany. Without limiting the generality of the foregoing, the Executive shall report directly and be responsible to the President and Chief Executive Officer of Condor and the Board of Directors of the CompanyCompany (the "Board"). During the Employment Period, the Executive shall devote his full business time, skill and efforts to the business of the Company. Notwithstanding the foregoing, the Executive may (i) make and manage passive personal business investments of his choice (in the case of publicly publicly-held corporations corporations, not to exceed one percent (1% %) of the outstanding voting stock) and serve in any capacity with any civic, educational or charitable organization, or any trade association, without seeking or obtaining approval by the Board, provided such activities and service do not materially interfere or conflict with the performance of his duties hereunder and (ii) with the approval of the Board, which shall not be unreasonably be withheld, serve on the boards of directors of other corporations.

Authority and Duties. The Executive shall exercise such authority, perform such executive duties and functions and discharge such responsibilities as are reasonably associated with the Executive's position, commensurate with the authority vested in the Executive's position, pursuant to this Agreement and consistent with the By-Laws of the Company and ___________SMI, respectively. Without limiting the generality of the foregoing, the Executive shall report directly and be responsible to the President of the Company. During the Employment Period, the Executive shall devote his full business time, skill and efforts to the business of the Company. Notwithstanding the foregoing, the Executive may (i) make and manage passive personal business investments of his choice (in the case of publicly held corporations not to exceed 1% of the outstanding voting stock) and serve in any capacity with any civic, educational or charitable organization, or any trade association, without seeking or obtaining approval by the Board, provided such activities and service do not materially interfere or conflict with the performance of his duties hereunder and (ii) with the approval of the Board, serve on the boards of directors of other corporations.

Authority and Duties. The Executive shall exercise such authority, perform such executive duties and functions and discharge such responsibilities as are reasonably associated with the Executive's position, commensurate with the authority vested in the Executive's position, pursuant to this Agreement and consistent with the By-Laws of the Company and ___________NMS, respectively. Without limiting the generality of the foregoing, the Executive shall report directly and be responsible to the President of the Company. During the Employment Period, the Executive shall devote his full business time, skill and efforts to the business of the Company. Notwithstanding the foregoing, the Executive may (i) make and manage passive personal business investments of his choice (in the case of publicly held corporations not to exceed 1% of the outstanding voting stock) and serve in any capacity with any civic, educational or charitable organization, or any trade association, without seeking or obtaining approval by the Board, provided such activities and service do not materially interfere or conflict with the performance of his duties hereunder and (ii) with the approval of the Board, serve on the boards of directors of other corporations.

Authority and Duties. The Executive shall exercise such authority, perform such executive duties and functions and discharge such responsibilities as are reasonably associated the Board of Directors may from time to time determine, consistent with the Executive's position, commensurate with the authority vested in the Executive's position, pursuant to this Agreement position and consistent with the By-Laws of the Company and ___________, respectivelyCompany. Without limiting the generality of the foregoing, the Executive shall report directly and be responsible to the President Board of Directors of the Company. During the Employment Period, the Executive shall devote his full business time, skill and efforts to the business of the Company. Notwithstanding the foregoing, the Executive may (i) make and manage passive personal business investments of his choice (in the case of publicly held corporations corporations, not to exceed 12% of the outstanding voting stock) and serve in any capacity with any civic, educational or charitable organization, or any trade association, without seeking or obtaining approval by from the Board of Directors of the Company (the "Board"), provided such activities and service do not materially interfere or conflict with the performance of his duties hereunder hereunder, and (ii) with the approval of the Board, serve on the boards of directors of other corporations.

Authority and Duties. The Executive shall exercise such authority, perform such executive duties and functions and discharge such responsibilities as are reasonably associated with the Executive's position, commensurate with the authority vested in the Executive's position, pursuant to this Agreement and consistent with the By-Laws of the Company and ___________SPI and SPDI, respectively. Without limiting the generality of the foregoing, the Executive shall report directly and be responsible to the President of the Company. During the Employment Period, the Executive shall devote his full business time, skill and efforts to the business of the Company. Notwithstanding the foregoing, the Executive may (i) make and manage passive personal business investments of his choice (in the case of publicly held corporations not to exceed 1% of the outstanding voting stock) and serve in any capacity with any civic, educational or charitable organization, or any trade association, without seeking or obtaining approval by the Board, provided such activities and service do not materially interfere or conflict with the performance of his duties hereunder and (ii) with the approval of the Board, serve on the boards of directors of other corporations.

Authority and Duties. The Executive shall exercise such authority, perform such executive duties and functions and discharge such responsibilities as are reasonably associated with the Executive's position, commensurate with the authority vested in the Executive's position, pursuant to this Agreement and consistent with the By-Laws of the Company and ___________PPI, respectively. Without limiting the generality of the foregoing, the Executive shall report directly and be responsible to the President of the Company. During the Employment Period, the Executive shall devote his full business time, skill and efforts to the business of the Company. Notwithstanding the foregoing, the Executive may (i) make and manage passive personal business investments of his choice (in the case of publicly held corporations not to exceed 1% of the outstanding voting stock) and serve in any capacity with any civic, educational or charitable organization, or any trade association, without seeking or obtaining approval by the Board, provided such activities and service do not materially interfere or conflict with the performance of his duties hereunder and (ii) with the approval of the Board, serve on the boards of directors of other corporations.