Capacities and Duties. During the Employment Period, the Executive shall be employed as an Executive Vice President, Chief Financial Officer, Secretary and Treasurer of the Company and/or in such other capacities as are mutually agreed to by the Company and the Executive. The Executive shall have the duties and responsibilities incumbent with the offices and positions with the Company held by the Executive, including such specific duties and responsibilities consistent with such offices and positions as the Board or Chief Executive Officer of the Company may reasonably establish from time to time. The Executive shall report and be accountable to the Chief Executive Officer of the Company. The Executive further agrees to serve without additional compensation as an officer and/or director (or in other equivalent positions) of any of the Company’s affiliates, if elected or appointed, during the Employment Period.
Capacities and Duties. 4.1 Employee is hereby employed in the capacity of President and CEO rendering such services and having such ultimate managerial duties and responsibilities usual to chief executive officers as may be assigned to Employee from time to time by the Board of Directors of the Employer.
4.2 Employee agrees to devote his best efforts and exclusive time to rendering services to Employer and Corporation. The Employee is restricted from being employed by any other employer while under the employ of the Employer pursuant to the terms and conditions of this Agreement.
Capacities and Duties. During the term of this Agreement, the Executive shall work full-time for the Employer and shall be employed in the capacity, and shall have the responsibilities and duties, as specified in the position description attached hereto as EXHIBIT B. The Executive shall also perform such additional duties as may be reasonably designated from time to time by the Employer. The Executive agrees to perform and discharge well and faithfully all duties assigned to him and to devote his full, best and most diligent efforts towards the performance of his duties for the Employer and the furtherance of its business. The Employer will furnish the Executive office space, equipment, supplies, and such other administrative services and personnel as the Employer deems reasonably necessary or appropriate for the performance of the Executive's duties under this Agreement and to enable the Executive to perform such duties. Nothing in this Agreement shall be construed to prohibit the Executive from engaging in business activities other than those described in Exhibit B, provided that such other business activities may not be competitive with the Employer and may not interfere with the obligation of the Executive to provide full-time services to the Employer under this Agreement.
Capacities and Duties. During the Employment Period, the Executive shall be employed as an Executive Vice President of the Company and/or in such other capacities as are mutually agreed to by the Company and the Executive. The Executive shall have the duties and responsibilities incumbent with the offices and positions with the Company held by the Executive, including such specific duties and responsibilities consistent with such offices and positions as the Board, Chief Executive Officer and/or President of the Company may reasonably establish from time to time. The Executive shall report and be accountable to the Chief Executive Officer and/or President of the Company. The Executive further agrees to serve without additional compensation as an officer and/or director (or in other equivalent positions) of any of the Company’s affiliates, if elected or appointed, during the Employment Period.
Capacities and Duties. 3.1 Executive shall be employed and shall serve and report directly to the Board of Directors of the Company (the "Board"). Subject to the discretion of the Board, Executive shall have the full authority and responsibility to operate and manage, on a day-to-day basis, the business and affairs of the Company, and shall perform such other duties and responsibilities as are currently prescribed by the Bylaws of the Company and which are customarily vested in the office of Chairman of the Board of a corporation, including the accomplishment or performance of all services, acts or things necessary or advisable to manage and conduct the day to day business of the Company, subject at all times to the policies set by the Board. Should, at any time, the Board modify, alter or impose alternative duties upon the Executive, or otherwise limit, restructure or revise the duties or authorities of the office of Chairman of the Board without the prior written 2 agreement of the Executive, then it will be as if the Board has terminated the Executive "without cause" and Paragraph 7.3 of this Agreement shall control.
3.2 Company understands and acknowledges that Executive may, from time to time, during the Term of this Agreement have interests in one or more other entities. Although it is anticipated that Executive will devote a substantial amount of time, business energy and efforts faithfully and diligently to promote the Company's interests, Executive shall, nevertheless, be entitled to devote time and effort to any other business interests which he may currently have or hereinafter acquire.
3.3 Except for routine travel incident to the business of the Company, Executive shall perform his duties and obligations under this Agreement principally from the Company's corporate office located in Camarillo, California, or the immediately surrounding areas.
Capacities and Duties. 4.1 Employee is hereby employed in the capacity of Company Secretary rendering such services and having such duties and responsibilities as may be assigned to Employee from time to time by the Employer.
4.3 Employee agrees to devote his best efforts but not the exclusive time to rendering services to Employer.
Capacities and Duties. During the Employment Period, the Executive shall (a) serve as the Chairman of the Board if and as the Board may from time to time determine and (b) be employed (i) as the Chief Executive Officer of the Company, (ii) as the President of the Company, except as otherwise mutually agreed by the Company and the Executive and/or (iii) in such other capacities as are mutually agreed to by the Company and the Executive. The Executive shall have the duties and responsibilities incumbent with the offices and positions with the Company held by the Executive, including such specific duties and responsibilities consistent with such offices and positions as the Board may reasonably establish from time to time. The Executive shall report and be accountable to the Board. The Executive further agrees to serve without additional compensation as an officer and/or director (or in other equivalent positions) of any of the Company’s affiliates, if elected or appointed, during the Employment Period.
Capacities and Duties. During the Employment Period, the Executive shall serve as the CEO and President of the Company, except as otherwise mutually agreed by the Company and the Executive. The Executive shall have the duties and responsibilities incumbent with the offices and positions with the Company held by the Executive, including such specific duties and responsibilities consistent with such offices and positions as the Board may reasonably establish from time to time. The Executive shall report to and be accountable to the Board and the Company agrees that it will nominate the Executive to stand for election to the Board at the Company's annual meeting of shareholders (or any special meeting of shareholders called for the purpose of electing the Company's directors), provided, (a) the Executive (i) is not in violation of any provision of this Agreement or (ii) has not announced his Retirement, (b) neither Party has elected to not renew this Agreement as provided in Section 1 or (c) the Executive’s employment with the Company has not otherwise terminated. The Executive’s duties will be performed principally in Columbus, Ohio, except for travel on the business of the Company. The Executive will not be required to relocate his principal office or personal residence outside of the Columbus, Ohio metropolitan area without his prior written consent.
Capacities and Duties. Upon a Change in Control, Section 4.2 is replaced in its entirety as follows:
Capacities and Duties. 4.1 Employee is hereby employed in the capacity of In-house Corporate Counsel rendering such services and having such duties and responsibilities usual to attorneys who specialize in corporate, securities, mergers and acquisitions, international, franchise and tax laws as may be assigned to Employee from time to time by the Employer.
4.2 The Employee shall render these legal services as determined by the Employer at the Employees law office in the State of Connecticut where he resides and services other legal clients, and which includes at a minimum, for the Employee to be at the office of the Employer once a week on a day that is convenient to the Employee and Employer at 120 Presidential Wax, Xxxxx 000, Xxxxxx, Xxxxxxxxxxxxx 00000 xx xx xxxx xxxxx xxme office for senior executives as Employer may designate from time to time.
4.3 Employee agrees to devote his best efforts but not the exclusive time to rendering services to Employer.
