Capacity and Services. Clause 2 Capacity and Auxiliary Services GRTgaz provides the Shipper Daily Capacity and Auxiliary Services (access to the Title Transfer Points (PEG) and service for converting H-Gas to L-Gas and L-Gas to H-Gas). The Shipper has access to such capacity and to the Auxiliary Services through Reservation requests. Such capacity and services can be modified on the initiative of either the Shipper or GRTgaz, under the terms and conditions specified in this Section A and in Sections B, C, D1 and D2 of the Contract, where applicable. GRTgaz markets Daily and Hourly Capacity which can be Firm or Interruptible on different timeframes: multi-annual, annual, seasonal in the particular case of PIR Midi, monthly or daily, pursuant to the terms and conditions of the Contract. The Shipper can subscribe to the existing Auxiliary Services pursuant to the terms and conditions set out in Section B for the Conversion Service, and in Sections D1 and D2 for access to the Title Transfer Points. These Auxiliary Services are the following: • Access to Title Transfer Points (PEG) The Shipper can trade quantities of energy at the PEG with other shippers present on the Network. There are two (2) Title Transfer Points, each one being associated with one of the two (2) Balancing Zones. • Conversion Service from L-Gas to H-Gas or from H-Gas to L-Gas. The Shipper can subscribe to a conversion service from L-Gas to H-Gas (or from H-Gas to L-Gas) with GRTgaz as described in Appendix B3 of Section B.
Capacity and Services. (a) The Employee shall assume such responsibilities, perform such duties and have such authority as befits his positions or may from time to time be assigned or delegated by the Board. In performing his duties, the Employee shall fully and faithfully perform services and discharge his duties for the Company consistent with the position of , or such other similar office as the Board may designate.
(b) As an employee of the Company, substantially all of the Employee's efforts and responsibilities shall relate to the operation of the business of the Company. The Employee shall report to and work closely with such persons as the Board may designate from time to time.
(c) The Employee shall devote his entire time, attention and a substantial part of his business time and energies to his duties hereunder and shall use his best efforts, skills and abilities to promote the interests of the Company. The Employee shall not engage in any business activities that are directly or indirectly competitive with any business conducted by the Company or any of its affiliates. Without in any way limiting the foregoing, the Employee shall not, without the prior written consent in each instance of the Company, directly or indirectly perform services of a business, professional or commercial nature for any person or entity, for compensation or deferred compensation, which will in any way interfere with the Employee's obligations under this Agreement.
Capacity and Services. (a) NATCO hereby agrees to continue to employ the Executive and the Executive hereby agrees to accept such employment by NATCO as Chairman and Chief Executive Officer of NATCO on the terms and conditions set forth herein. The employment of the Executive pursuant to this Employment Agreement shall commence on July 1, 1997 and continue through the Period of Active Employment, as defined in Section 1(e) of this Employment Agreement. In his capacity as Chairman and Chief Executive Officer of NATCO, the Executive shall assume such responsibilities, perform such duties, and have such authority, as may from time to time be assigned or delegated by the Board of Directors of NATCO (the may from time to time be assigned or delegated by the Board of Directors of NATCO (the "Board") consistent with the Executive's position. The Executive agrees to perform such duties in accordance with the By-laws of NATCO, the Board's instructions, and NATCO's policies.
(b) The Executive shall devote a significant portion of his business time to his duties hereunder, provided, however, that the foregoing shall not prevent the Executive from devoting time and effort to the business of Capricorn Holdings, LLC, of which Executive is a Member, or from serving as a member of the board of directors of a corporation if the Board, or the appropriate Committee thereof, determines in its sole discretion that such membership is not adverse to the interests of NATCO. Subject to the foregoing, the Executive shall not engage in any business activities that are directly or indirectly competitive with any business then conducted by NATCO or any of its affiliated companies.
(c) The Executive may be an investor, shareholder, joint venturer, or partner (hereinafter referred to as an "Investor") in any enterprise, association, corporation, joint venture or partnership (hereinafter referred to as an "Investment"), provided, however, that any such Investment does not (i) violate NATCO's conflict of interest policy as in effect from time to time, (ii) require the Executive's involvement in the management (except service on boards of directors to the extent permitted by Section 1(b) of this Employment Agreement) or operation of such Investment (recognizing that the Executive shall be permitted to monitor and oversee the Investment, as would any prudent Investor) or (iii) interfere with the performance of the Executive's duties and obligations hereunder.
(d) The Executive shall fully and faithfully discharge...
Capacity and Services. The Company shall employ the Executive as "Vice President, Finance" of the Company. As such, the Executive shall perform such duties and have such authority as may from time to time be assigned, delegated or limited by the board of directors of the Company and it's affiliates (the "Board"). The Executive shall perform these duties in accordance with the charter documents and by-laws of the Company and it's affiliates, the instructions of the Board, and Company policy.
Capacity and Services. (a) The Employee shall assume such responsibilities, perform such duties and have such authority as befits his positions or may from time to time be assigned or delegated by the Board. In performing his duties, the Employee shall fully and faithfully perform services and discharge his duties for the Company consistent with the position of President and Chief Executive Officer, or such other similar office as the Board may designate.
(b) As an employee of the Company, substantially all of the Employee's efforts and responsibilities shall relate to the operation of the business of the Company. The Employee shall report to and work closely with such persons as the Board may designate from time to time.
(c) During the Employee's employment hereunder, the Employee shall serve, and the Employee agrees to serve, as a member of the Board.
(d) The Employee shall devote a substantial part of his business time and energies to his duties hereunder and shall use his best efforts, skills and abilities to promote the interests of the Company. The Employee shall not engage in any business activities that are directly or indirectly competitive with any business conducted by the Company or any of its affiliates. Without in any way limiting the foregoing, the Employee shall not, without the prior written consent in each instance of the Company, 3 directly or indirectly perform services of a business, professional or commercial nature for any person or entity, for compensation or deferred compensation, which will in any way interfere with the Employee's obligations under this Agreement.
Capacity and Services. The Company hereby employs Executive as the President and Chief Executive Officer of the Company, and Executive hereby accepts such employment, for the Contract Term (as defined in Section 2.03) and upon the other terms and conditions set forth in this Agreement. During the Contract Term, Executive shall devote his professional attention and energies on a full-time basis to the business and affairs of the Company and the Related Corporations and use his best efforts to promote its interests. The Executive may not undertake any public office or any kind of activity in connection with associations without the prior written approval of the Company, if this activity could influence the contractual activities.
Capacity and Services. The Company shall employ the Executive as its Senior Vice-President Corporate Services. As such, the Executive shall perform duties customarily performed by a Senior Vice-President Corporate Services of a corporation engaged in a business similar to that of the Company. The Executive shall perform these duties in accordance with the by-laws of the Company, the instructions of the President and CEO and Company Policy.
Capacity and Services. The Company shall employ the Executive as President and CEO of IE Canada (the “IE Canada President”), with such appointment to commence as of October 1, 2009 (the “Commencement Date”). As such, the Executive shall be subject to the supervision of the President and CEO of the Company and shall perform such duties and have such authority as may from time to time be assigned, delegated or limited by the President and CEO of the Company. The Executive shall perform these duties in accordance with the charter documents and by-laws and the rules and policies of each stock exchange upon which securities of the Company may be listed from time to time and applicable securities laws. The Executive agrees to comply with the terms and the spirit of the Code of Business Conduct and Ethics and Corporate Securities Trading Policy of the Company, as well as the other policies and codes of the Company in effect from time to time. A copy of the current policy is included with this Agreement. Subject to any amendment to these duties by the President and CEO of the Company and/or the Board or applicable Board committee, the duties and responsibilities of the IE Canada President shall include those duties and responsibilities that are customarily carried out by persons holding similar positions in other oil and gas companies comparable in size to the Company, including, but not limited to, the following: • Responsible for the overall direction of the business of IE Canada and for achieving maximum return on investment capital; • Act as a key representative in the investment and financial community; • Coordinate the efforts of other senior staff and work with them to develop and achieve long term goals; • Communicate and maintain contact with all segments of the investment community including brokers, financial institutions, shareholders and investment managers with the purpose of attracting equity capital and financing; • Be mentored by the President and CEO of the Company for future succession planning appointments within the Ivanhoe Energy entities; • Provide direction and mentoring of staff in the execution of major projects; In connection with the Company’s succession planning and performance reviews of the Executive, the Executive will be considered by the Board for advancement within the Company upon the Executive completing 12 months, and again upon completing 18 months, with the Company, any such succession being in the discretion of Board.
Capacity and Services. (a) The Employee shall assume such responsibilities, perform such duties and have such authority as befits his positions or may from time to time be assigned or delegated by the Board. In performing his duties, the Employee shall fully and faithfully perform services and discharge his duties for the Company consistent with the position of President and Chief Executive Officer, or such other similar office as the Board may designate.
(b) As an employee of the Company, substantially all of the Employee's efforts and responsibilities shall relate to the operation of the business of the Company. The Employee shall report to and work closely with such persons as the Board may designate from time to time.
(c) During the Employee's employment hereunder, the Employee shall serve, and the Employee agrees to serve, as a member of the Board.
(d) The Employee shall devote a substantial part of his business time and energies to his duties hereunder and shall use his best efforts, skills and abilities to promote the interests of the Company. The Employee shall not engage in any business
Capacity and Services. The Company hereby employs Employee to serve in the capacity of Chief Executive Officer of the Company, and Employee hereby accepts such employment, upon the terms and conditions set forth in this Agreement. During the period the Employee is employed by the Company, Employee shall devote substantially all of his attention and energies on a full-time basis to the business and affairs of the Company and use his best efforts to promote its interests; provided, however, that Employee may devote reasonable periods of time for personal purposes, trade associations and charitable activities consistent with past practices so long as such purposes or activities do not (i) cause or result in a breach of Article III hereof or (ii) adversely affect the interests of the Company or materially detract from or interfere with the performance of the services otherwise required to be performed by Employee as set forth herein. While the Employee is employed by the Company, Employee shall neither accept nor hold any other employment without approval of the Directors. In his capacity as Chief Executive Officer of the Company, Employee shall be responsible for the supervision and control over, and responsibility for, the financial affairs and operations of the Company, and shall have such other powers and duties as determined by the Directors from time to time. Such services to be provided by Employee hereunder shall be provided for the benefit of the Company without regard to whether any of the Company's operations are conducted directly by the Company, through Holding, or through any subsidiaries, joint ventures or unincorporated division of the Company. While the Employee is employed by the Company, the Company shall provide Employee with an office and support staff reasonably necessary for the proper performance of his duties hereunder and consistent with the past practices of the Company.
