Duties During Transition Period. During the Transition Period, you will continue to report to the Chief Executive Officer of the Company (the “CEO”), your position will be Special Advisor to the CEO and you will continue to be paid your current base salary as in effect on the date hereof. Your duties during the Transition Period shall include transitioning your role as the Company’s primary contact with Astellas and such other activities and assistance as may be reasonably requested by the CEO (the “Transition Duties”). You will report to the Company’s offices, or other locations necessary or requested by the CEO, in order to perform the Transition Duties. You agree to devote your full and best business efforts and energies to the performance of the Transition Duties throughout the Transition Period.
Duties During Transition Period. Your duties during the Transition Period shall include: providing assistance in the transition of your former duties as CEO, facilitating a smooth transition of the Company’s research and development oversight and providing other general business and scientific advice and such other duties as may be reasonably requested or directed by the Board (the “Transition Duties”). You agree to devote your full and best business efforts and energies to the performance of the Transition Duties throughout the Transition Period.
Duties During Transition Period. Schaffer agrees thax xxxxxg the Transition Period he will assist EMPLOYER in its Marketing efforts, as requested, including specifically an orderly transition of all marketing contacts, leads and open correspondence and by rendering all EMPLOYER documents accessible and usable to designated employees of EMPLOYER, and assisting EMPLOYER in such other areas and manners as are reasonably requested.
Duties During Transition Period. During the period from the date of this Agreement until his termination of employment (the "Transition Period"), Xxxxxxxx shall continue as Chief Executive Officer of the Company and, in addition to the duties of such position as set forth in Section 1 of the Employment Agreement between the Company and Xxxxxxxx dated April 8, 1996, as amended (the "Employment Agreement"), shall assist with the orientation and training of a successor Chief Executive Officer; provided, however, that the Board of Directors shall have the right to require the resignation of Xxxxxxxx as Chief Executive Officer earlier during the Transition Period if it so desires, but his ceasing to be Chief Executive Officer shall not affect his status as an employee of the Company or his right to his compensation and benefits through the end of the Transition Period, unless his employment is terminated for cause (as defined in the Employment Agreement) occurring after the date of this Agreement ("Cause").
Duties During Transition Period. Effective immediately, you will no longer serve as the Company’s Chief Executive Officer and President, and you hereby resign from each of these positions, but will instead serve through the Transition Period as the Company’s non-executive Advisor. In this role, you will be expected to provide advice to the Board of Directors (the “Board”), a committee thereof, or others specifically designated by the Board, on an as-needed basis, as requested by the Company in writing or via email (the “Transition Duties”), subject to your reasonable availability. During the Transition Period: (i) you will not participate as an Advisor in Company activities, except as specifically requested by the Company’s Board or the Chief Executive Officer and (ii) you will have no management responsibilities and may not delegate work or give work assignments to Company employees without the prior request or approval of the Company’s Board or the Chief Executive Officer. You will continue to serve as a member of the Board until your resignation, replacement or removal.
Duties During Transition Period. Except as otherwise set forth below, Executive will serve as President and Chief Executive Officer of WellCare and shall report directly to the Board through the Transition Period. Notwithstanding the foregoing, Executive agrees that during the Transition Period, WellCare and/or the Corporation may appoint someone other than Executive to serve as President and/or Chief Executive Officer or acting President and/or Chief Executive Officer, at which time Executive shall be relieved of those titles and the authority associated with those positions. Upon the appointment of a new President and/or Chief Executive Officer or an acting President and/or Chief Executive Officer, and at the request of WellCare and/or the Corporation, Executive shall continue employment through the Transition Period, and his responsibilities shall be to cooperate and assist with the transition by providing counsel to the Board and the President and/or Chief Executive Officer or acting President and/or Chief Executive Officer related to such transition. For the avoidance of doubt, Executive shall continue to report directly to the Board during any such transition and will not be responsible for executing WellCare or Corporation documents or filings on behalf of WellCare or the Corporation. Neither the appointment of a new President and/or Chief Executive Officer or an acting President and/or Chief Executive Officer of WellCare and/or the Corporation, nor the change in duties and responsibilities in connection with any resulting transition consistent with this Section 1.2, shall constitute “Good Reason” for purposes of this Agreement.
Duties During Transition Period. During the Transition Period, Executive will continue to perform the duties of Executive Vice President and Chief Financial Officer of the Company, and will have such responsibilities, duties and authority as are customary for someone of that position. Executive shall also perform such other duties as are reasonably assigned to Executive by the Board of Directors of the Company, shall devote substantially all of his business time, attention and effort to the affairs of the Company and shall use his reasonable best efforts to promote the interests of the Company. Additionally, Executive shall cooperatively assist the Company in the process of transitioning the position of Executive Vice President and Chief Financial Officer of the Company to a successor. During the Transition Period, Executive shall be permitted to serve on boards and committees and to manage his personal investments to the same extent as provided in Section 2 of the Employment Agreement.
Duties During Transition Period. During the Transition Period, Employee shall report directly to the CEO, and shall perform only those tasks as may be reasonably requested by the CEO.
Duties During Transition Period. Xx. Xxxxxxx shall remain responsible during the Transition Period for continuing to diligently perform her normal duties and responsibilities as CFO, including, but not limited to, all of the duties related to the completion and filing of PCB’s 2007 Second Quarter 10-Q Report, and such other tasks as PCB may reasonably assign to her. PCB reserves the right to begin transitioning duties to other employees during the Transition Period as it determines necessary or appropriate. Xx. Xxxxxxx agrees to perform her duties and responsibilities during the Transition Period to the best of her abilities, and in an Initials efficient and timely manner. Except as otherwise provided in this Agreement, Xx. Xxxxxxx agrees to devote her full business time and effort during the Transition Period to the performance of her remaining duties as CFO.
Duties During Transition Period. During the Transition Period, you will continue to perform your current duties as VP, Finance and Administration/CFO, as well as any other duties that may be reasonably assigned to you by Pericom’s Chief Executive Officer (“CEO”).
