Common use of Duties of Officer Clause in Contracts

Duties of Officer. (a) In addition to Officer's duties as Chief Financial Officer in the day to day management of the Company's business, Officer shall devote his efforts to the successful completion of the sale contemplated by the Stock Purchase Agreement. Such duties shall include, but not be limited to, assistance in all required regulatory filings, all closing schedules and supervision, if applicable, of any employees or consultants of the Company in preparing schedules, conducting business pending the closing of the sale in accordance with the terms of the Stock Purchase Agreement and assisting in the performance of all additional agreements as required by the Stock Purchase Agreement. (b) In performing these duties, Officer shall (1) devote his best efforts and entire time to advance the interest of the Company and to assist in its sale; (ii) perform his duties to the best of his ability; and (iii) to perform such other work as may be required by the Company, including without limitations such work as may assist AES in the closing of the Stock Purchase Agreement. Nothing in the paragraph shall be deemed to limit Officer from engaging in a broad range of civic and charitable pursuits.

Appears in 1 contract

Samples: Incentive Compensation Agreement (Central Illinois Light Co)

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Duties of Officer. (a) In addition to Officer's duties as Chief Financial Officer Vice President in the day to day management of the Company's business, Officer shall devote his efforts to the successful completion of the sale contemplated by the Stock Purchase Agreement. Such duties shall include, but not be limited to, assistance in all required regulatory filings, all closing schedules and supervision, if applicable, supervision of any all employees or consultants of the Company in preparing schedules, conducting business pending the closing of the sale in accordance with the terms of the Stock Purchase Agreement and assisting in the performance of all additional agreements as required by the Stock Purchase Agreement. (b) In performing these duties, Officer shall (1) devote his best efforts and entire time to advance the interest of the Company and to assist in its sale; (ii) perform his duties to the best of his ability; and (iii) to perform such other work as may be required by the Company, including without limitations such work as may assist AES in the closing of the Stock Purchase Agreement. Nothing in the paragraph shall be deemed to limit Officer from engaging in a broad range of civic and charitable pursuits.

Appears in 1 contract

Samples: Incentive Compensation Agreement (Central Illinois Light Co)

Duties of Officer. (a) In addition to Officer's duties as Chief Financial Officer President in the day to day management of the Company's business, Officer shall devote his efforts to the successful completion of the sale contemplated by the Stock Purchase Agreement. Such duties shall include, but not be limited to, assistance in all required regulatory filings, all closing schedules and supervision, if applicable, supervision of any all employees or consultants of the Company in preparing schedules, conducting business pending the closing of the sale in accordance with the terms of the Stock Purchase Agreement and assisting in the performance of all additional agreements as required by the Stock Purchase Agreement. (b) In performing these duties, Officer shall (1) devote his best efforts and entire time to advance the interest of the Company and to assist in its sale; (ii) perform his duties to the best of his ability; and (iii) to perform such other work as may be required by the Company, including without limitations such work as may assist AES in the closing of the Stock Purchase Agreement. Nothing in the paragraph shall be deemed to limit Officer from engaging in a broad range of civic and charitable pursuits.

Appears in 1 contract

Samples: Incentive Compensation Agreement (Central Illinois Light Co)

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Duties of Officer. (a) In addition to Officer's duties as Chief Financial Officer Senior Vice President in the day to day management of the Company's business, Officer shall devote his efforts to the successful completion of the sale contemplated by the Stock Purchase Agreement. Such duties shall include, but not be limited to, assistance in all required regulatory filings, all closing schedules and supervision, if applicable, supervision of any all employees or consultants of the Company in preparing schedules, conducting business pending the closing of the sale in accordance with the terms of the Stock Purchase Agreement and assisting in the performance of all additional agreements as required by the Stock Purchase Agreement. (b) In performing these duties, Officer shall (1) devote his best efforts and entire time to advance the interest of the Company and to assist in its sale; (ii) perform his duties to the best of his ability; and (iii) to perform such other work as may be required by the Company, including without limitations such work as may assist AES in the closing of the Stock Purchase Agreement. Nothing in the paragraph shall be deemed to limit Officer from engaging in a broad range of civic and charitable pursuits.

Appears in 1 contract

Samples: Incentive Compensation Agreement (Central Illinois Light Co)

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