Duties and Authority Sample Clauses
The "Duties and Authority" clause defines the specific responsibilities and powers granted to a party under an agreement. It typically outlines what actions the party is required to perform, such as managing certain tasks, making decisions, or representing the interests of another, and clarifies any limitations on their authority. By clearly delineating roles and boundaries, this clause helps prevent misunderstandings and disputes over what each party is permitted or obligated to do, ensuring smooth operation and accountability within the contractual relationship.
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Duties and Authority. Executive shall serve as the Executive Vice President and Chief Financial Officer of the Company, with those authorities, duties and responsibilities customary to that position and such other authorities, duties and responsibilities as the Board of Directors of Parent (the "Board") or the Company's President and Chief Executive Officer may reasonably assign the Executive from time to time. The Executive shall use his best efforts, including the highest standards of professional competence and integrity, and shall devote substantially all his business time and effort, in and to his employment hereunder, and shall not engage in any other business activity which would conflict with the rendition of his services hereunder, except that the Executive may hold directorships or related positions in charitable, educational or not-for-profit organizations, or directorships in business organizations if approved by the President and Chief Executive Officer, and make passive investments, which do not interfere with the Executive's day-to-day acquittal of his responsibilities to the Company.
Duties and Authority. In addition to the foregoing specifically enumerated duties and authority, subject to Section 4.3(c), the Authorized Officers will perform such other duties and may exercise such further authority as the Board may determine or may be assigned to them by any superior Authorized Officer.
Duties and Authority. Employee agrees, unless otherwise specifically authorized by the Company, to devote substantially all of his business time and effort to his duties for the profit, benefit and advantage of the business of the Company, except that Employee may serve on the boards of directors of other business corporations that have no business relationship with the Company and which do not compete with the Company. In performing his duties hereunder, Employee shall have the authority customarily held by others holding positions similar to those assigned to Employee in similar businesses, subject to the general and customary supervision of the Company's Board of Directors and Chief Executive Officer.
Duties and Authority. Executive shall have such duties, functions, authority and responsibilities as are commensurate with the office(s) Executive holds with the Employer during the Term.
Duties and Authority. The Executive's duties and authority -------------------- shall be consistent with those of an Executive Vice President, General Counsel and Corporate Secretary. The Executive shall render such administrative and management services to the Corporation as are customarily performed by persons employed in the banking and financial services industry in a similar executive capacity. In addition, the Executive shall perform such other duties as the Board, or its authorized representative, may from time to time require. All duties performed by the Executive hereunder shall be in accordance with such reasonable standards as are established from time to time by the Board, or its authorized representative, and performance evaluations shall be conducted by or under the direction of the Board and reviewed with the Executive annually.
Duties and Authority.
▇. ▇▇▇▇ is the chief executive officer of the City and shall faithfully perform the duties as prescribed in the job description as set forth in the City's charter and ordinances and as may be lawfully assigned by the City and shall comply with all lawful City Council directives, state and federal law, City policies, rules, and ordinances as they exist or may hereafter be amended.
B. Specifically, it shall be the duty of ▇▇▇▇ to employ on behalf of the City all other employees of the City, other than the City Clerk and City Attorney each of which serve at the pleasure of the City Council, consistent with the policies of the City Council and the ordinances and charter of the City. Except as provided by Section 306 of the personnel manual.
C. It shall also be the duty of ▇▇▇▇ to direct, assign, reassign and evaluate all of the employees of the City consistent with policies, ordinances, charter, state and federal law. Except as provided by Section 306 of the personnel manual.
D. It shall also be the duty of ▇▇▇▇ to organize, reorganize and arrange the staff of the City and to develop and establish internal regulations, rules, and procedures which ▇▇▇▇ ▇▇▇▇▇ necessary for the efficient and effective operation of the City consistent with the lawful directives, policies, ordinances, state and federal law. Except as provided by Section 306 of the personnel manual.
E. It shall also be the duty of ▇▇▇▇ to accept all resignations of employees of the City consistent with the policies, ordinances, state and federal law, except ▇▇▇▇ 's resignation which must be accepted by the City Council. Except as provided by Section 306 of the personnel manual.
▇. ▇▇▇▇ shall perform the duties of city manager of the City with reasonable care, diligence, skill, and expertise.
G. All duties assigned to ▇▇▇▇ by the City Council shall be appropriate to and consistent with the professional role and responsibility of ▇▇▇▇.
▇. ▇▇▇▇ or a designee shall attend, and shall be permitted to attend, all meetings of the City Council, both public and closed.
I. The City Council, individually and collectively, shall refer in a timely manner all substantive criticisms, complaints and suggestions called to their attention to ▇▇▇▇ for study and/or appropriate action.
Duties and Authority. In his capacity as President and Chief Executive Officer of the Company, Employee shall have the authority, powers and duties of office normally associated with the positions of President and Chief Executive Officer of the Company and as the Board of Directors may delegate to Employee from time to time. Employee's duties include, but are not limited to, (i) managing all of the Company's operations; (ii) employing, supervising, and/or terminating the Company's officers and employees; (iii) maintaining contact with all investors; (iv) acting as a liaison between the Company and regulators; (v) assisting the Company's attorneys and other professionals with any court case involving the Company; (vi) retaining, supervising and/or terminating attorneys, accountants and other professionals on the Company's behalf; (vii) overseeing a reorganization of the Company and its future growth; (viii) maximizing the value of the Company's assets, including contingent assets; and (ix) generally protecting and advancing the interests of the Company with the goal of maximizing the value of the Company's stock. Employee shall serve the Company faithfully and to the best of his ability. Employee shall, during the Term, be based in Agoura Hills, California, with the understanding that Employee shall travel as reasonably required in the performance of his duties under this Agreement. Employee shall oversee the Company's operations throughout the reorganization which may include liquidation, sale or financial restructuring depending upon the Company's ability to operate in the ordinary course of business. If the Board of Directors authorizes the filing of a petition under Chapter 11 of the United States Bankruptcy Code, Employee is authorized to continue to manage the Company's operations and fulfillment of the Company's duties as a debtor in the reorganization case.
Duties and Authority. Executive shall have responsibility for managing the financial operations of the Company as directed by the CEO from time to time, consistent with the Executive’s position as CFO.
Duties and Authority. The Employer agrees to employ Employee as City Manager to perform the functions and duties specified in the Dade City Charter, Code of Ordinances of the City of Dade City, and job description, to perform all legally permissible and proper duties and functions and other duties and responsibilities as the Employer may from time to time assign.
Duties and Authority. During the Employment Period (as hereinafter defined), Executive will occupy the position of Chief Executive Officer and report directly to the Board of Directors. As Chief Executive Officer, Executive shall be in charge of the Company and the Company operations and shall have full authority and responsibility, subject to the general direction and control of the Board of Directors of Employer (the "Board"), for formulating policies and administering the affairs of Employer in all respects, and otherwise performing such duties as are customarily performed by the Chief Executive Officer and member of the board of directors of a company of similar size and structure to Employer. Executive agrees to devote the necessary time, attention and best efforts to the performance of his duties hereunder; provided, however, it shall not be considered a violation of the foregoing for the Executive to serve on corporate, industry, civic, or charitable boards or committees, so long as such activities do not materially interfere with the performance of the Executive's responsibilities as an employee of the Employer in accordance with this Agreement.