Common use of Duties and Powers Clause in Contracts

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer's policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as President and Chief Executive Officer of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the "Board"). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; PROVIDED, HOWEVER, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive's performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive's performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Tx Corp)

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Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer's ’s policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Vice President and Chief Executive Officer Corporate Controller of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the "Board"). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; PROVIDEDprovided, HOWEVERhowever, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive's ’s performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive's ’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer's policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Executive Officer of EmployerFinancial Officer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the "Board"). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; PROVIDED, HOWEVER, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive's performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive's performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Tx Corp)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer's ’s policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as President and Chief Executive Officer of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the "Board"). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; PROVIDEDprovided, HOWEVERhowever, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive's ’s performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive's ’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer's ’s policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Executive Operating Officer of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the "Board"). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; PROVIDEDprovided, HOWEVERhowever, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive's ’s performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive's ’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer's policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as President Senior Vice President, Secretary, and Chief Executive Officer General Counsel of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the "Board"). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; PROVIDEDprovided, HOWEVERhowever, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive's performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive's performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer's ’s policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Executive Development Officer of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the "Board"). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; PROVIDEDprovided, HOWEVERhowever, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive's ’s performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive's ’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

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Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer's policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Vice President and Chief Executive Officer Region Manager of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the "Board"). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; PROVIDEDprovided, HOWEVERhowever, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive's performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive's performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

Duties and Powers. During the Term, Executive Employee agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer's policies consistent with his position); to perform all duties in a professional processional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and Employee agrees to perform all of the duties associated with his position as President and Chief Executive Officer of Employerposition, subject to all lawful policies and guidelines as may be established by the Board Chief Executive Officer of Directors of Employer (the "Board")Employer. Executive Employee agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; PROVIDEDprovided, HOWEVERhowever, that: (i) passive investment of less than that 5% of the outstanding securities of any company or any other investment that does not conflict with ExecutiveEmployee's performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than that 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with ExecutiveEmployee's performance of his duties hereunder; and (ii) Executive Employee may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive Employee of his duties and obligations hereunder; and (iii) Employee may engage in non solid waste related business activities and services, provided the time devoted thereto does not interfere with his full and exclusive business time responsibilities. Employer may not require Employee to move or work more that 50 miles from New York City.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

Duties and Powers. During the Term, Executive agrees as follows: to devote his full and exclusive business time and attention to the business of Employer and of any subsidiaries or affiliates of the Company including, but not limited to, IESI Corporation (excluding reasonable vacations and sick leave in accordance with Employer's ’s policies consistent with his position); to perform all duties in a professional and prudent manner, to devote the best of his skill, energy, experience and judgment to such duties; and to communicate to Employer suggestions, ideas or information that may be helpful to Employer in its businesses. Executive shall have all the powers and agrees to perform all of the duties associated with his position as Senior Vice President and Chief Executive Financial Officer of Employer, subject to all lawful policies and guidelines as may be established by the Board of Directors of Employer (the "Board"). Executive agrees not to engage in any other activity or own any interest that would conflict with the interests of Employer or would interfere with his responsibilities to Employer and the performance of his duties hereunder; PROVIDEDprovided, HOWEVERhowever, that: (i) passive investment of less than 5% of the outstanding securities of any company or any other investment that does not conflict with Executive's ’s performance of his duties to Employer hereunder shall be deemed not to violate this provision, it being understood that, except as set forth below, an investment of more than 5% in a company other than Employer engaged in the solid waste industry shall be deemed to conflict with Executive's ’s performance of his duties hereunder; and (ii) Executive may engage in activities involving charitable, educational, religious and similar types of organizations, speaking engagements and similar type activities to the extent that such other activities do not detract from the performance by Executive of his duties and obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Iesi Corp)

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