Duties and Authorities Clause Samples
The Duties and Authorities clause defines the specific responsibilities and powers assigned to each party under the agreement. It typically outlines what actions each party is required to perform, such as delivering goods, providing services, or making payments, and clarifies any permissions or limitations regarding decision-making or representation. By clearly delineating roles and authorities, this clause helps prevent misunderstandings and disputes over who is responsible for what, ensuring smooth execution of the contract.
Duties and Authorities. During the Term, Executive shall serve as the Company’s President and Chief Executive Officer and shall be responsible for performing all duties and responsibilities of that position and any other duties commensurate with such position that may be assigned to Executive by the Board of Directors of the Company (the “Board”). Executive will have such authority and power as are inherent to the undertakings applicable to Executive’s positions and necessary to carry out the responsibilities and the duties required of Executive hereunder. Executive shall perform Executive’s duties faithfully and to the best of Executive’s ability and shall devote Executive’s full attention, skill and efforts to the performance of the duties required by the Company and shall use Executive’s best skill and abilities to promote the interest of the Company and its affiliates (collectively, the “Company Group”).
Duties and Authorities. During the Term:
3.1 Executive shall serve as the General Counsel of the Company and shall report to the Chief Executive Officer (“CEO”). Executive shall have responsibilities, duties and authority reasonably accorded to and expected of such positions in similar businesses in the United States, including such responsibilities and duties assigned by the Chief Executive Officer from time to time (the “Duties”).
3.2 Executive shall diligently execute such Duties and shall devote him full time, skills and efforts to such Duties, subject to the general supervision and control of the CEO. Executive will not engage in any other employment, occupation or consulting activity during the Term of this Agreement, without the written consent of the CEO.
Duties and Authorities. During the Term (as defined below):
3.1 Executive shall act as Chief Operating Officer. Executive shall have such duties as may be assigned from time to time by the Board of Directors of the Company (the “Board”) and which are consistent with the role of Chief Operating Officer.
3.2 Except as otherwise expressly provided herein, Executive shall diligently execute such duties and shall devote his full time, skills and efforts to such duties, subject to the general supervision and control of the Board and officers of the Company. Executive will work for the Company on a full time basis.
Duties and Authorities. In addition to the administration of this Agreement, the duties and authorities of the Commission are as specified in the Joint Powers Agreement, the NCPA Commission Bylaws, and all Project Agreements between NCPA and Project Participants.
Duties and Authorities. During the Term (as defined below):
3.1 Executive shall be appointed and serve as the Chief Financial Officer of the Company. If appointed or requested by the Company’s Board of Directors (the “Board”), the Executive shall also serve during all or any part of the Term as any other officer (so long as Executive remains employed in the position of Chief Financial Officer of the Company) of the Company or any subsidiary thereof without any additional compensation therefor other than as specified in this Agreement. Executive shall have responsibilities, duties and authority reasonably accorded to and expected of such positions and such other responsibilities and duties as required by the Bylaws of the Company and as reasonably assigned by the Board from time to time.
3.2 Except as otherwise expressly provided herein, Executive shall diligently execute such duties and shall devote his full time, skills and efforts to such duties, subject to the general supervision and control of the Board. Except as otherwise expressly approved by the Board, Executive will not engage in any outside activities that will impair his ability to devote his full-time efforts to the performance of his duties under this Agreement. The Board will, however, allow Executive to serve on one outside board of directors or advisory board, which may be for a ▇▇▇▇▇▇▇▇▇ company. This commitment may not require more than eight hours per month and is subject to Company’s right to discontinue this authorization at any time and for any or no reason.
Duties and Authorities. During the Term, Executive shall serve as the Company’s Executive Vice President – Finance and, from and after the departure of ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, will also serve as the Company’s Chief Financial Officer, and shall be responsible for performing all duties and responsibilities of these positions and any other duties commensurate with such position that may be assigned to Executive by the Chief Executive Officer of the Company. Executive will have such authority and power as are inherent to the undertakings applicable to Executive’s positions and necessary to carry out the responsibilities and the duties required of Executive hereunder. Executive shall perform Executive’s duties faithfully and to the best of Executive’s ability and shall devote Executive’s full attention, skill and efforts to the performance of the duties required by the Company and shall use Executive’s best skill and abilities to promote the interest of the Company and its affiliates (collectively, the “Company Group”).
Duties and Authorities. During the Term:
3.1 Executive shall serve as the Chief Legal & Administration Officer (“CLAO”) of the Company and shall report to the Chief Executive Officer (“CEO”). Executive shall have responsibilities, duties and authority reasonably accorded to and expected of such positions in similar businesses in the United States, including such responsibilities and duties assigned by the Chief Executive Officer from time to time (the “Duties”).
3.2 Executive shall diligently execute such Duties and shall devote her full time, skills and efforts to such Duties, subject to the general supervision and control of the CEO. Executive will not engage in any other employment, occupation or consulting activity during the Term of this Agreement, without the consent of the CEO.
Duties and Authorities. During the Term (as defined below):
3.1 Executive shall be appointed and serve as the Chief Executive Officer and President of the Company. To the extent so elected by the shareholders of the Company, Executive shall also serve as a director of the Company without any additional compensation there for other than as specified in this Agreement. If appointed or requested by the Company's Board of Directors (the "Board"), the Executive shall also serve during all or any part of the Term as any other officer (so long as Executive remains employed in the position of Chief Executive Officer and President of the Company) of the Company or any subsidiary thereof without any additional compensation there for other than as specified in this Agreement. Executive shall have responsibilities, duties and authority reasonably accorded to and expected of such positions and such other responsibilities and duties as required by the Bylaws of the Company and as reasonably assigned by the Board from time to time.
3.2 Except as otherwise expressly provided herein, Executive shall diligently execute such duties and shall devote his full time, skills and efforts to such duties, subject to the general supervision and control of the Board. Except as otherwise expressly approved by the Board, Executive will not engage in any outside activities that will impair his ability to devote his full-time efforts to the performance of his duties under this Agreement. Notwithstanding the above to the contrary, the Company acknowledges and agrees that Executive may from time to time, on a limited basis and at reasonable times so as not to distract materially from his responsibilities with the Company, direct and work on certain affairs of companies with which Executive was involved prior to the date hereof (individually and collectively, "Preexist Business Opportunities").
Duties and Authorities. During the Term:
3.1 Executive shall be appointed and serve as the President and Chief Operations Officer of the Company. If appointed or requested by the Company’s Board of Directors (the “Board”), the Executive shall also serve during all or any part of the Term as a Director or any other officer capacity of the Company or any subsidiary thereof, including but not limited to Chief Executive Officer, without any additional compensation therefor other than as specified in this Agreement. It is expected that on or about the first (1st) anniversary of the Effective Date of this Agreement, the Board shall appoint the Executive as Chief Executive Officer and the terms of this Agreement shall continue to apply to Executive in that capacity. Executive shall have responsibilities, duties and authority reasonably accorded to and expected of such positions in similar businesses in the United States, including and such responsibilities and duties required by the Bylaws of the Company and reasonably assigned by the Board from time to time (the “Duties”).
3.2 Except as otherwise expressly provided herein, Executive shall diligently execute such Duties and shall devote his full time, skills and efforts to such Duties, subject to the general supervision and control of the Board. Executive may engage in community and business activities (including board service) customarily engaged in by chief executive officers.
Duties and Authorities. During the Term: