Duties and Term Sample Clauses

Duties and Term. The Company hereby employs Executive to serve as Chief Executive Officer (“CEO”) and a Chairman of the Board of Directors (“BOD”) or serve in any additional or different positions(s) as the Company may determine in its discretion and upon mutual consent. Executive will report to the BOD. The term of employment shall be for a period of three (3) years (“Employment Period”) to commence on August, 14th 2012 as set forth herein, provided, that this Employment Agreement shall automatically renew for successive periods of three (3) years each unless either party gives written notice to other that it does not wish to automatically renew this Agreement. Written notice must be received by the other party no less than 90 days and no more than 180 days prior to the expiration of the applicable term.

Duties and Term. FOR AND IN CONSIDERATION of Ten ($10.00) Dollars, and other good and valuable considerations exchanged between the parties, receipt of which is hereby acknowledged, The EMPLOYER does hereby employ the EMPLOYEE for a term of three (3) years to commence on the first day of August 1997 (the "Expected Term"),unless sooner terminated as provided hereinafter below. THE EMPLOYEE shall serve in a capacity with the EMPLOYER as President. The EMPLOYEE shall devote his full time, undivided attention and full business efforts to his duties as an employee of the Corporation which shall include but are not limited to the following: (a) Hire, train and employ all employees under him as may be required on behalf of the Corporation for the Corporation to conduct its business in an orderly fashion; (b) Maintain fiscal responsibility by keeping or causing to be kept all necessary financial books and records of the EMPLOYER in a customary and orderly fashion; (c) Report to the EMPLOYER's Board as from time to time shall be directed to the EMPLOYEE; (d) Perform his duties in a professional manner and in the best interest of the EMPLOYER. (e) Refrain from engaging in other business enterprises either directly or indirectly during this Agreement without the express prior written approval of EMPLOYER; provided, however, nothing herein shall prohibit or limit EMPLOYEE from holding non-controlling interests in publically-traded entities.

Duties and Term. (a) Subject to the terms of this Agreement, the Company hereby agrees to continue to employ Executive, and Executive agrees to continue to be employed, in the position of Executive Vice President and Chief Financial Officer of the Company (the Executive Vice President title is not a condition of employment and its change or removal by the Company shall not constitute a breach of this Agreement). Executive shall, to the best of his ability, devote his full time and best efforts to the performance of his duties hereunder and the business and affairs of the Company in accordance with the instructions and directions of the Board of Directors of the Company (the "Board") and the Chief Executive Officer of the Company in all matters and, in doing so, shall duly and faithfully perform and observe any and all rules and policies which the Company may now or shall hereafter establish governing the conduct of its business; provided, however, that Executive may (i) serve on civic or charitable boards or committees; and (ii) with the approval of the Chief Executive Officer of the Company, serve on corporate boards or committees. (b) Subject to the terms of this Agreement, the term of this Agreement shall be for the period set forth in Section 1 of Exhibit A, attached hereto and incorporated herein. The initial term (and any subsequent term) shall automatically extend for an additional one (1) year term, unless notice of termination as of the end of the then-current term is provided by either Executive or the Company, in either case at least one hundred eighty (180) days prior to the end of the then-current term (the initial and any subsequent term is referred to herein as the "Employment Term"). Notwithstanding the foregoing, Executive or the Company may terminate Executive's employment at any time with or without Cause (as defined in Section 3(d) of the Agreement), subject to the severance obligations described in Sections 3 and 4 of the Agreement. The Company or the Executive (as the case may be) must provide the other with at least one-hundred and eighty (180) days advance written notice of termination; provided that, such notice is not required from the Company if it is terminating Executive's employment for Cause; and further provided that, if Executive's employment is terminated by the Company without Cause, the Company shall have a discretionary right, but not an obligation, to waive all or any part of its notice obligation by paying Executive his Base Salary an...

Duties and Term. Subject to the terms and conditions of this Agreement, the Company employs the Employee and the Employee accepts such employment with the Company as follows: (a) For a period of two (2) years, commencing on July 1, 1997, and continuing through June 30, 1999, the Employee shall serve as the Company's Chief Executive Officer and President and perform the usual duties of such offices as described in the Company's by-laws. In addition to the foregoing, prior to July 1, 1998, at the direction of the Board of Directors of the Company, the Employee shall assist the Company with identifying and securing an individual to succeed the Employee as President and to serve as the Company's Chief Operating Officer. (b) For a period of two (2) years, commencing not later than July 1, 1999, and continuing through June 30, 2001, the Employee shall serve as the Company's Chairman of the Board and Chief Executive Officer and perform the usual duties of such offices as described in the Company's by-laws; provided however, the Employee shall only serve as the Company's Chief Executive Officer until such time when Employee's successor is named by the Employee to the position of Chief Executive Officer. (c) For a period of two (2) years, commencing not later than July 1, 2001, and continuing through June 30, 2003, the Employee shall serve as an independent consultant to the Company and perform such duties to be determined by the Board of Directors. (d) The Employee shall devote his exclusive and full-time attention and best efforts to the Company's business, at its location in Elkhart, Indiana during the four-year period commencing on July 1, 1997, and continuing through June 30, 2001 (the "Term").

Duties and Term. A. Peak engages Executive as President and Chief Operating Officer of Peak for a term of two (2) years (the "Term"), commencing with the above date, and successive terms of one (1) year each beginning automatically at the end of the Term, to perform those duties customarily performed by a President and Chief Operating Officer and those set forth in the "Offer Letter", attached hereto and made a part hereof, and reporting to Peak's Chairman and Chief Executive Officer ("CEO"). Executive shall also perform those additional duties which may reasonably be specified by the CEO and Peak's Board of Directors, from time to time, consistent with his position as a senior executive. During the term of this Agreement, Executive shall be included as part of the management slate of directors recommended to the shareholders for election to Peak' Board of Directors. B. As a condition and during the term of his employment Executive agrees to the following: (i) commence his employment, full-time, no later than March 1, 1997 or such earlier date as agreed to by the parties; (ii) devote his full business time to the business and affairs of Peak and work exclusively for Peak, and (iii) maintain a duty of loyalty and care to Peak as an officer and director of Peak, as those terms are defined in law and pursuant to this Agreement. C. Executive may not engage in any other remunerative work, provided, however, that Peak recognizes that Executive may desire to write, speak and serve on boards of directors, which may be done with the prior written approval of the CEO, and which approval shall not be unreasonably withheld. Executive represents and warrants that he has not entered into any prior agreements, investments or commitments which would in any manner limit his work, effort or activity on behalf of and while employed by Peak.

Duties and Term. FOR AND IN CONSIDERATION of Ten ($10.00) Dollars, and other good and valuable considerations exchanged between the parties, receipt of which is hereby acknowledged. The EMPLOYER does hereby employ the EMPLOYEE for a term of two (2) years to commence on the 1st day of July, 1995 and continue to June 30, 1997, and to continue thereafter unless terminated prior to any such annual renewal. THE EMPLOYEE shall serve in a capacity with the EMPLOYER as President, and such other offices as may be designated from time to time by the Corporation's Board of Directors, and at the discretion of the Board, serve upon the Corporation's Board of Directors as from time to time may be determined by resolution of the Board. The EMPLOYEE shall devote his full time, undivided attention and full business efforts to his duties as an employee of the Corporation which shall include but are not limited to the following: (a) Hire, train and employ all employees under him as may be required on behalf of the Corporation to enable the Corporation to conduct its business in an orderly fashion; (b) Supervise the business affairs of the Corporation in conducting its business in an orderly fashion; (c) Assume administrative responsibility for fulfillment of contractual duties of the Corporation in performing its management contracts with health care facilities; (d) Supervise the day-to-day running and operation of the health care facilities under management contracts with the Corporation; (e) Maintain physical responsibility be keeping or causing to be kept all necessary books and records of the Corporation in the customary and orderly fashion; (f) To report to the Corporation's other executives or Board as from time to time shall be directed to the EMPLOYEE; (g) To be a faithful and loyal employee and act in a fiduciary manner with the EMPLOYER in performing his duties in a professional and satisfactory manner which will be in the best interest of the EMPLOYER. (h) To refrain from engaging in other business enterprises either directly or indirectly during this Agreement without the express prior written approval of EMPLOYER.

Duties and Term. The Company hereby agrees to employ Employee, --------------- and Employee agrees to be so employed, in the capacity of President, MSA Europe for a term effective as of January 18, 1999 and terminating December 31, 2001 (the "Initial Term") unless terminated earlier pursuant to Section 12 of this Agreement. At the end of the Initial Term, Employer may continue Employee's employment with the Company on terms as are mutually agreeable by Employee and Company. Employee shall diligently devote 35% of his best efforts, time and attention in all matters concerning the operations of Auergesellschaft GmbH ("Xxxx")

Duties and Term. The Company hereby employs Xxxxxx as President of the Company, to perform such duties as may be determined by the Board of Directors of the Company which are consistent with similar duties as are customary in the Company’s industry for an employee of Xxxxxx’x experience and office. The term of this Agreement shall commence on July 1, 2004 and shall continue for a period of three (3) years until June 30, 2007, subject to extension as set forth herein, (said term, as the same may be extended, being referred to as the “Term”). The Term shall be automatically extended for consecutive additional periods of twelve (12) months each ending on June 30 of each applicable year, unless, at least twenty-four (24) months prior to the expiration of the then current Term, Company gives written notice to Xxxxxx pursuant to the notice provisions herein of its intention not to extend the Term. The express intent of this provision is that Xxxxxx will have a three year “rolling” agreement, such that there are always at least twenty-four months remaining under the Agreement.

Duties and Term. The duties and title of the position, and the term of the New Agreement, shall be as mutually agreed and as set forth in the New Agreement.

Duties and Term. In connection with your engagement, you will consult with the Company concerning financial matters as the President or Chief Executive Officer may request from time to time. Your engagement will commence only upon the closing of the Company's initial public offering of its securities (the "IPO") and will end on the second anniversary of such date. During your engagement you agree to such time as may be necessary to your consulting duties.