Common use of Duties of Executive Clause in Contracts

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the Board and Chief Executive Officer of Employer, Executive during the term hereof shall serve as Employer’s President and Chief Operating Officer. Subject to the control of the Board and the Chairman of the Board and Chief Executive Officer of Employer, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s bylaws and other governing documents. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional time and best efforts to the business of Employer and for the profit, benefit and advantage of Employer; provided, however, that this Section shall not be construed as preventing Executive from investing Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereof. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 3 contracts

Samples: Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc)

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Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and each Authorized Board Designee, Executive shall serve as the Chairman of the Board Senior Vice President – Finance and Chief Executive Financial Officer of Employer, Executive during the term hereof shall serve as Employer’s President and Chief Operating Officer. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title such titles and as otherwise provided in Employer’s or, as applicable, any subsidiary’s, bylaws and other governing documents. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional time and best efforts to the business of Employer and for the profit, benefit and advantage of Employer, and shall perform such other services as shall be designated, from time to time, by the Board or any Authorized Board Designee; provided, however, that this Section shall not be construed as preventing Executive from investing Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereof. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 2 contracts

Samples: Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s President and Chief Operating OfficerOfficer of American Physicians Insurance Company (“APIC”). Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in EmployerAPIC’s bylaws and other governing documents. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional time and best efforts to the business of Employer and for the profit, benefit and advantage of Employer, and shall perform such other services as shall be designated, from time to time, by the Board or any Authorized Board Designee; provided, however, that this Section shall not be construed as preventing Executive from investing Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereof. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 2 contracts

Samples: Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s Senior Vice President – Development and Chief Operating OfficerGeneral Counsel. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s bylaws and other governing documents. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional entire time and best efforts to the business of Employer and for the profit, benefit and advantage of Employer, and shall perform such other services as shall be designated, from time to time, by the Board or any Authorized Board Designee; provided, however, that this Section shall not be construed as preventing Executive from investing Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereof. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s President and the Chief Operating Financial Officer. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s 's title and as otherwise provided in Employer’s 's bylaws and other governing documents, but in any event, construed in a manner generally consistent with the responsibilities of Executive that existed immediately prior to the Effective Date. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional 's entire time and best efforts to the business of Employer and for the profit, benefit and advantage of Employer, and shall perform such other services as shall be designated, from time to time, by the Board or any Authorized Board Designee; provided, however, that this Section shall not be construed as preventing Executive from investing Executive’s 's personal assets in business ventures that do not compete with Employer or Employer’s 's Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereof. Consistent with the foregoing, Executive shall use Executive’s 's best efforts to promote the interests of Employer and Employer’s 's Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s 's Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s 's subsidiaries, parent companies and other affiliates are collectively referred to as "Affiliates."

Appears in 1 contract

Samples: Executive Employment Agreement (Prime Medical Services Inc /Tx/)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employerthe Secretary and Treasurer of Employer on the reduced hour’s President and Chief Operating Officerbasis described below. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s or, as applicable, any subsidiary’s, bylaws and other governing documents; but in any event, construed in a manner generally consistent with the responsibilities of Executive that existed immediately prior to the Effective Date. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional time and best efforts thirty (30) hours per week to the business of Employer and for the profit, benefit and advantage of Employer; provided, however, that this Section shall not be construed as preventing Executive from investing Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereofcontemplated herein. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.” This Section shall not be construed as preventing Executive from investing Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereof.

Appears in 1 contract

Samples: Executive Employment Agreement (American Physicians Service Group Inc)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the Board and Chief Executive Officer of EmployerBoard, Executive during the term hereof shall serve as Employer’s the President and Chief Operating Executive Officer. Subject to the control of the Board and the Chairman of the Board and Chief Executive Officer of EmployerBoard, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s bylaws and other governing documents. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional time working time, attention, energies and best efforts to the business of Employer and for the profit, benefit and advantage of Employer; provided, howeverand shall perform such other services as shall be designated, that this Section from time to time, by the Board. The foregoing shall not be construed as preventing Executive from investing making personal investments in such form or manner as will require Executive’s services in the operation or affairs of the companies or enterprises in which such investments are made; provided that it does not interfere with Executive’s duties hereunder. Further, the Executive may not during the period of employment hereunder invest Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereofAffiliates. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s President the Treasurer and Chief Operating Financial Officer. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s bylaws and other governing documents, but in any event, construed in a manner generally consistent with the responsibilities of Executive that existed immediately prior to the Effective Date. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional entire time and best efforts to the business of Employer and for the profit, benefit and advantage of Employer, and shall perform such other services as shall be designated, from time to time, by the Board or any Authorized Board Designee; provided, however, that this Section shall not be construed as preventing Executive from investing Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereof. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s President Medical Devices and Chief Operating OfficerServices. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s bylaws and other governing documents, but in any event, construed in a manner generally consistent with the responsibilities of Executive that existed immediately prior to the Effective Date. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional entire time and best efforts to the business of Employer and for the profit, benefit and advantage of Employer, and shall perform such other services as shall be designated, from time to time, by the Board or any Authorized Board Designee; provided, however, that this Section shall not be construed as preventing Executive from investing Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereof. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s the President and Chief Operating Executive Officer. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s 's title and as otherwise provided in Employer’s 's bylaws and other governing documents, but in any event, construed in a manner generally consistent with the responsibilities of Executive that existed immediately prior to the Effective Date. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional 's entire time and best efforts to the business of Employer and for the profit, benefit and advantage of Employer, and shall perform such other services as shall be designated, from time to time, by the Board or any Authorized Board Designee; provided, however, that this Section shall not be construed as preventing Executive from investing Executive’s 's personal assets in business ventures that do not compete with Employer or Employer’s 's Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereof. Consistent with the foregoing, Executive shall use Executive’s 's best efforts to promote the interests of Employer and Employer’s 's Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s 's Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s 's subsidiaries, parent companies and other affiliates are collectively referred to as "Affiliates."

Appears in 1 contract

Samples: Executive Employment Agreement (Prime Medical Services Inc /Tx/)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s Senior Vice President and Chief Operating OfficerGeneral Counsel. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s bylaws and other governing documents. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional time working time, attention, energies and best efforts to the business of Employer and for the profit, benefit and advantage of Employer; provided, howeverand shall perform such other services as shall be designated, that this Section from time to time, by the Board or any Authorized Board Designee. The foregoing shall not be construed as preventing Executive from investing making personal investments in such form or manner as will require Executive’s services in the operation or affairs of the companies or enterprises in which such investments are made; provided that it does not interfere with Executive’s duties hereunder. Further, the Executive may not during the period of employment hereunder invest Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereofAffiliates. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s Senior Vice President and Chief Operating Financial Officer. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s bylaws and other governing documents. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional time working time, attention, energies and best efforts to the business of Employer and for the profit, benefit and advantage of Employer; provided, howeverand shall perform such other services as shall be designated, that this Section from time to time, by the Board or any Authorized Board Designee. The foregoing shall not be construed as preventing Executive from investing making personal investments in such form or manner as will require Executive’s services in the operation or affairs of the companies or enterprises in which such investments are made; provided that it does not interfere with Executive’s duties hereunder. Further, the Executive may not during the period of employment hereunder invest Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereofAffiliates. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

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Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s President and Chief Operating OfficerPresident–Medical Products. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s bylaws and other governing documents. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional time working time, attention, energies and best efforts to the business of Employer and for the profit, benefit and advantage of Employer; provided, howeverand shall perform such other services as shall be designated, that this Section from time to time, by the Board or any Authorized Board Designee. The foregoing shall not be construed as preventing Executive from investing making personal investments in such form or manner as will require Executive’s services in the operation or affairs of the companies or enterprises in which such investments are made; provided that it does not interfere with Executive’s duties hereunder. Further, the Executive may not during the period of employment hereunder invest Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereofAffiliates. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s 's Senior Vice President and Chief Operating OfficerSecretary. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s 's title and as otherwise provided in Employer’s 's bylaws and other governing documents, but in any event, construed in a manner generally consistent with the responsibilities of Executive that existed immediately prior to the Effective Date. During the period of employment hereunder, Executive shall devote substantially all of Executive’s 's professional time and best efforts to the business of Employer and for the profit, benefit and advantage of Employer, and shall perform such other services as shall be designated, from time to time, by the Board or any Authorized Board Designee; provided, however, that this Section shall not be construed as preventing Executive from investing Executive’s 's personal assets in business ventures that do not compete with Employer or Employer’s 's Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereof. Consistent with the foregoing, Executive shall use Executive’s 's best efforts to promote the interests of Employer and Employer’s 's Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s 's Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s 's subsidiaries, parent companies and other affiliates are collectively referred to as "Affiliates."

Appears in 1 contract

Samples: Executive Employment Agreement (American Physicians Service Group Inc)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s Vice President of Development-Prostate Therapies and Chief Operating OfficerLarge Partnerships. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s bylaws and other governing documents. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional time working time, attention, energies and best efforts to the business of Employer and for the profit, benefit and advantage of Employer; provided, howeverand shall perform such other services as shall be designated, that this Section from time to time, by the Board or any Authorized Board Designee. The foregoing shall not be construed as preventing Executive from investing making personal investments in such form or manner as will require Executive’s services in the operation or affairs of the companies or enterprises in which such investments are made; provided that it does not interfere with Executive’s duties hereunder. Further, the Executive may not during the period of employment hereunder invest Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereofAffiliates. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s Vice President and Chief Operating Financial Officer. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s bylaws and other governing documents. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional time working time, attention, energies and best efforts to the business of Employer and for the profit, benefit and advantage of Employer; provided, howeverand shall perform such other services as shall be designated, that this Section from time to time, by the Board or any Authorized Board Designee. The foregoing shall not be construed as preventing Executive from investing making personal investments in such form or manner as will require Executive’s services in the operation or affairs of the companies or enterprises in which such investments are made; provided that it does not interfere with Executive’s duties hereunder. Further, the Executive may not during the period of employment hereunder invest Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereofAffiliates. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s President and Chief Operating Officer– Pathology Services Division. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s bylaws and other governing documents. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional time working time, attention, energies and best efforts to the business of Employer and for the profit, benefit and advantage of Employer; provided, howeverand shall perform such other services as shall be designated, that this Section from time to time, by the Board or any Authorized Board Designee. The foregoing shall not be construed as preventing Executive from investing making personal investments in such form or manner as will require Executive’s services in the operation or affairs of the companies or enterprises in which such investments are made; provided that it does not interfere with Executive’s duties hereunder. Further, the Executive may not during the period of employment hereunder invest Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereofAffiliates. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s Vice President and Chief Operating Officer– Corporate Development. Subject to the control of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s title and as otherwise provided in Employer’s bylaws and other governing documents. During the period of employment hereunder, Executive shall devote substantially all of Executive’s professional time working time, attention, energies and best efforts to the business of Employer and for the profit, benefit and advantage of Employer; provided, howeverand shall perform such other services as shall be designated, that this Section from time to time, by the Board or any Authorized Board Designee. The foregoing shall not be construed as preventing Executive from investing making personal investments in such form or manner as will require Executive’s services in the operation or affairs of the companies or enterprises in which such investments are made; provided that it does not interfere with Executive’s duties hereunder. Further, the Executive may not during the period of employment hereunder invest Executive’s personal assets in business ventures that do not compete with Employer or Employer’s Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereofAffiliates. Consistent with the foregoing, Executive shall use Executive’s best efforts to promote the interests of Employer and Employer’s Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s subsidiaries, parent companies and other affiliates are collectively referred to as “Affiliates.”

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

Duties of Executive. Subject to the approvals by and the ultimate supervision of the Board and the Chairman of the each Authorized Board and Chief Executive Officer of EmployerDesignee, Executive during the term hereof shall serve as Employer’s President and Chief Operating Officer. Officer of APS Facilities Management , Inc.. Subject to the control and oversight of the Board and the Chairman of the any Authorized Board and Chief Executive Officer of EmployerDesignee, Executive shall have the responsibilities commensurate with Executive’s 's title and as otherwise provided in Employer’s 's bylaws and other governing documents, but in any event, construed in a manner generally consistent with the responsibilities of Executive that existed immediately prior to the Effective Date. During the period of employment hereunder, Executive shall devote substantially all of Executive’s 's professional time and best efforts to the business businesses of Employer and for the profit, benefit and advantage of Employer, and shall perform such other services as shall be designated, from time to time, by the Board or any Authorized Board Designee; provided, however, that this Section shall not be construed as preventing Executive from investing Executive’s 's personal assets in business ventures that do not compete with Employer or Employer’s 's Affiliates (as hereinafter defined) or are not otherwise prohibited by this Agreement, and spending reasonable amounts of personal time in the management thereof. Consistent with the foregoing, Executive shall use Executive’s 's best efforts to promote the interests of Employer and Employer’s 's Affiliates, and to preserve their goodwill with respect to their employees, customers, suppliers and other persons having business relations with Employer. Executive agrees to accept and hold all such offices and/or directorships with Employer and Employer’s 's Affiliates as to which Executive may, from time to time, be elected. For purposes of this Agreement, Employer’s 's, subsidiaries, parent companies and other affiliates are collectively referred to as "Affiliates."

Appears in 1 contract

Samples: Executive Employment Agreement (American Physicians Service Group Inc)

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