Common use of Capacity and Performance Clause in Contracts

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its President of Clothing Americas (Hyuck and Weavexx, South and North America). In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time. (b) During the term of Executive’s employment hereunder, the Executive shall be employed by the Company on a full-time basis and shall perform such duties and responsibilities on behalf of the Company and its Subsidiaries as may be designated from time to time by the Chief Executive Officer. (c) During the term of Executive’s employment hereunder, the Executive shall devote his full business time to the advancement of the business and interests of the Company and its Subsidiaries and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer in writing.

Appears in 2 contracts

Samples: Employment Agreement (Xerium Technologies Inc), Employment Agreement (Xerium Technologies Inc)

AutoNDA by SimpleDocs

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its President of Clothing Americas (Hyuck and Weavexx, South and North America)Chief Executive Officer. In addition, and without further compensation, the Executive shall serve as a director of the Company and as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time. (b) During the term of Executive’s employment hereunder, the Executive shall be employed by the Company on a full-time basis and shall perform such duties and responsibilities on behalf of the Company and its Subsidiaries as may be designated from time to time by the Chief Executive OfficerBoard of Directors of the Company (the “Board”). (c) During the term of Executive’s employment hereunder, the Executive shall devote his full business time to the advancement of the business and interests of the Company and its Subsidiaries and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer Board in writing.

Appears in 2 contracts

Samples: Employment Agreement (Xerium Technologies Inc), Employment Agreement (Xerium Technologies Inc)

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Executive Vice President of Clothing Americas (Hyuck and Weavexx, South and North America)Chief Financial Officer. In addition, and without further compensation, the Executive shall serve as a director of the Company and as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time. (b) During the term of Executive’s employment hereunder, the Executive shall be employed by the Company on a full-time basis and shall perform such duties and responsibilities on behalf of the Company and its Subsidiaries as may be designated from time to time by the Chief Executive Officer. (c) During the term of Executive’s employment hereunder, the Executive shall devote his full business time to the advancement of the business and interests of the Company and its Subsidiaries and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer in writing.

Appears in 2 contracts

Samples: Employment Agreement (Xerium Technologies Inc), Employment Agreement (Xerium Technologies Inc)

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its President of Clothing Americas (Hyuck and WeavexxPresident, South and North America)Xxxxx Xxxxxxxx Worldwide – Xxxxx Xxxxxxxx LLC. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time. (b) During the term of Executive’s employment hereunder, the Executive shall be employed by the Company on a full-time basis and shall perform such duties and responsibilities on behalf of the Company and its Subsidiaries as may be designated from time to time by the Chief Executive Officer. (c) During the term of Executive’s employment hereunder, the Executive shall devote his full business time to the advancement of the business and interests of the Company and its Subsidiaries and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer in writing.

Appears in 2 contracts

Samples: Employment Agreement (Xerium Technologies Inc), Employment Agreement (Xerium Technologies Inc)

Capacity and Performance. During his employment hereunder: (a) During the term of Executive’s employment hereunder, the The Executive shall serve the Company as its Vice President of Clothing Americas (Hyuck and WeavexxOperations, South and North America)or in such other executive position as the Company may designate from time to time. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries Affiliates if so elected or appointed from time to time. (b) During the term of Executive’s employment hereunder, the The Executive shall be employed by the Company on a full-time basis and shall perform the duties and responsibilities of his position and such other duties and responsibilities on behalf of the Company and its Subsidiaries Affiliates as reasonably may be designated from time to time by the Chief Executive OfficerCompany. (c) During the term of Executive’s employment hereunder, the The Executive shall devote his full business time and his best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and its Subsidiaries Affiliates and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer in writingOfficer.

Appears in 1 contract

Samples: Employment Agreement (Seracare Life Sciences Inc)

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its President of Clothing Americas (Hyuck and Weavexx, South and President—Xerium North America). In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time. (b) During the term of Executive’s employment hereunder, the Executive shall be employed by the Company on a full-time basis and shall perform such duties and responsibilities on behalf of the Company and its Subsidiaries as may be designated from time to time by the Chief Executive Officer. (c) During the term of Executive’s employment hereunder, the Executive shall devote his full business time to the advancement of the business and interests of the Company and its Subsidiaries and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer in writing.

Appears in 1 contract

Samples: Employment Agreement (Xerium Technologies Inc)

AutoNDA by SimpleDocs

Capacity and Performance. (a) During the term of Executive’s employment hereunderTerm, the Executive shall serve the Company as its President of Clothing Americas (Hyuck and Weavexx, South and North America)Chief Executive Officer. In addition, and without further compensation, the Executive shall serve as a member of the Board of Directors of the Company and/or director and/or officer of one or more of the Company’s Subsidiaries Affiliates, in each case if so elected or appointed from time to time. (b) During the term of Executive’s employment hereunderTerm, the Executive shall be employed by the Company on a full-time basis and shall perform the duties and responsibilities of his position, and such other duties and responsibilities on behalf of the Company and its Subsidiaries Affiliates as reasonably may be designated from time to time by the Chief Executive OfficerBoard or by its Chair or other designee and agreed to by Executive. (c) During the term of Executive’s employment hereunderTerm, the Executive shall devote his full business time and his best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and its Subsidiaries Affiliates and to the discharge of his duties and responsibilities hereunder. Executive may serve on up to two outside boards (or serve in a similar advisory capacity), so long as such participation does not conflict with the interests of the Company or the Executive’s duties or responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer Board in writing.

Appears in 1 contract

Samples: Employment Agreement (Skyline Champion Corp)

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its President of Clothing Americas (Hyuck and Weavexx, South and North America)President—Xerium Asia. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time. (b) During the term of Executive’s employment hereunder, the Executive shall be employed by the Company on a full-time basis and shall perform such duties and responsibilities on behalf of the Company and its Subsidiaries as may be designated from time to time by the Chief Executive Officer. (c) During the term of Executive’s employment hereunder, the Executive shall devote his full business time to the advancement of the business and interests of the Company and its Subsidiaries and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer in writing.

Appears in 1 contract

Samples: Employment Agreement (Xerium Technologies Inc)

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its President of Clothing Americas (Hyuck and Weavexx, South and North America). In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time. (b) During the term of Executive’s employment hereunderTerm, the Executive shall be employed by the Company on a full-time basis and shall perform the duties and responsibilities of her position and such other duties and responsibilities on behalf of the Company and its Subsidiaries Affiliates as reasonably may be designated from time to time by the Chief Executive OfficerBoard of Directors of the Company (the “Board”) or by its Chair or other designee. (cb) During the term of Executive’s employment hereunderTerm, the Executive shall devote his her full business time and her best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and its Subsidiaries Affiliates and to the discharge of his her duties and responsibilities hereunder. The Executive’s services hereunder shall be rendered at the geographic location of the Executive’s choosing (and the Executive shall not be required to relocate), except for travel when and as required in the performance of the Executive’s duties hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer Board in writing.

Appears in 1 contract

Samples: Employment Agreement (Galena Biopharma, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!