EMPLOYMENT AND EMPLOYMENT TERM. The Company agrees to employ Employee, and Employee accepts employment with the Company, to serve as Vice President, Operations of the Company and as an officer or in such other capacity of any of K-Sea General Partner GP LLC, a Delaware limited liability company ("K-Sea GP"), K-Sea General Partner L.P., a Delaware limited partnership, K-Sea Transportation Partners L.P., a Delaware limited partnership (the "Partnership"), K-Sea Operating Partnership L.P., a Delaware limited liability company (the "Operating Partnership"), and any other subsidiary formed by any of the foregoing (collectively, the "Companies"), as determined by the Board of Directors of such company, for a term commencing on the date hereof and continuing for a period of one year thereafter, unless earlier terminated pursuant to Article IV of this Agreement ("Employment Term"). The Employment Term shall be automatically renewed for successive one-year periods unless either party hereto gives thirty-days prior written notice to the other party that such party desires not to renew the Employment Term. During the Employment Term, Employee will render such services to the Companies as are customary for the position (or positions) held by Employee. During the Employment Term, Employee shall devote his full time, ability and attention, and his best efforts, to the business of the Companies. The Employee shall not directly or indirectly render any services of a business, commercial, or professional nature to any other person, organization or other entity, whether for compensation or otherwise, directly or indirectly, without the prior written consent of the Board of Directors of the Company.
Appears in 2 contracts
Samples: Employment Agreement (K-Sea Transportation Partners Lp), Form of Employment Agreement (K-Sea Tranportation Partners Lp)
EMPLOYMENT AND EMPLOYMENT TERM. The Company agrees to employ Employee, and Employee accepts employment with the Company, to serve as Vice President, Operations President and Chief Executive Officer of the Company and as an officer or in such other capacity of any of K-Sea General Partner GP LLC, a Delaware limited liability company ("K-Sea GP"), K-Sea General Partner L.P., a Delaware limited partnership, K-Sea Transportation Partners L.P., a Delaware limited partnership (the "Partnership"), K-Sea Operating Partnership L.P., a Delaware limited liability company (the "Operating Partnership"), and any other subsidiary formed by any of the foregoing (collectively, the "Companies"), as determined by the Board of Directors of such company, for a term commencing on the date hereof and continuing for a period of one year thereafter, unless earlier terminated pursuant to Article IV of this Agreement ("Employment Term"). The Employment Term shall be automatically renewed for successive one-year periods unless either party hereto gives thirty-days prior written notice to the other party that such party desires not to renew the Employment Term. During the Employment Term, Employee will render such services to the Companies as are customary for the position (or positions) held by Employee. During the Employment Term, Employee shall devote his full time, ability and attention, and his best efforts, to the business of the Companies. The Employee shall not directly or indirectly render any services of a business, commercial, or professional nature to any other person, organization or other entity, whether for compensation or otherwise, directly or indirectly, without the prior written consent of the Board of Directors of the Company.
Appears in 2 contracts
Samples: Employment Agreement (K-Sea Transportation Partners Lp), Employment Agreement (K-Sea Tranportation Partners Lp)
EMPLOYMENT AND EMPLOYMENT TERM. The Company agrees to employ Employee, and Employee accepts employment with the Company, to serve as Vice President, Operations Chief Financial Officer of the Company and as an officer or in such other capacity of any of K-Sea General Partner GP LLC, a Delaware limited liability company ("K-Sea GP"), K-Sea General Partner L.P., a Delaware limited partnership, K-Sea Transportation Partners L.P., a Delaware limited partnership (the "Partnership"), K-Sea Operating Partnership L.P., a Delaware limited liability company (the "Operating Partnership"), and any other subsidiary formed by any of the foregoing (collectively, the "Companies"), as determined by the Board of Directors of such company, for a term commencing on the date hereof and continuing for a period of one year thereafter, unless earlier terminated pursuant to Article IV of this Agreement ("Employment Term"). The Employment Term shall be automatically renewed for successive one-year periods unless either party hereto gives thirty-days prior written notice to the other party that such party desires not to renew the Employment Term. During the Employment Term, Employee will render such services to the Companies as are customary for the position (or positions) held by Employee. During the Employment Term, Employee shall devote his full time, ability and attention, and his best efforts, to the business of the Companies. The Employee shall not directly or indirectly render any services of a business, commercial, or professional nature to any other person, organization or other entity, whether for compensation or otherwise, directly or indirectly, without the prior written consent of the Board of Directors of the Company.
Appears in 2 contracts
Samples: Employment Agreement (K-Sea Tranportation Partners Lp), Employment Agreement (K-Sea Transportation Partners Lp)
EMPLOYMENT AND EMPLOYMENT TERM. The Company agrees to employ Employee, and Employee accepts employment with the Company, to serve as Vice President, Operations President and Chief Executive Officer of the Company and as an officer or in such other capacity of any of K-Sea General Partner GP LLC, a Delaware limited liability company ("“K-Sea GP"”), K-Sea General Partner L.P., a Delaware limited partnership, K-Sea Transportation Partners L.P., a Delaware limited partnership (the "“Partnership"”), K-Sea Operating Partnership L.P., a Delaware limited liability company (the "“Operating Partnership"”), and any other subsidiary formed by any of the foregoing (collectively, the "“Companies"”), as determined by the Board of Directors of such company, for a term commencing on the date hereof and continuing for a period of one year thereafter, unless earlier terminated pursuant to Article IV of this Agreement ("“Employment Term"”). The Employment Term shall be automatically renewed for successive one-year periods unless either party hereto gives thirty-days prior written notice to the other party that such party desires not to renew the Employment Term. During the Employment Term, Employee will render such services to the Companies as are customary for the position (or positions) held by Employee. During the Employment Term, Employee shall devote his full time, ability and attention, and his best efforts, to the business of the Companies. The Employee shall not directly or indirectly render any services of a business, commercial, or professional nature to any other person, organization or other entity, whether for compensation or otherwise, directly or indirectly, without the prior written consent of the Board of Directors of the Company.
Appears in 1 contract
Samples: Employment Agreement (Kirby Corp)
EMPLOYMENT AND EMPLOYMENT TERM. The Company agrees to employ Employee, and Employee accepts employment with the Company, to serve as Vice President, Operations Administration of the Company and as an officer or in such other capacity of any of K-Sea General Partner GP LLC, a Delaware limited liability company ("K-Sea GP"), K-Sea General Partner L.P., a Delaware limited partnership, K-Sea Transportation Partners L.P., a Delaware limited partnership (the "Partnership"), K-Sea Operating Partnership L.P., a Delaware limited liability company (the "Operating Partnership"), and any other subsidiary formed by any of the foregoing (collectively, the "Companies"), as determined by the Board of Directors of such company, for a term commencing on the date hereof and continuing for a period of one year thereafter, unless earlier terminated pursuant to Article IV of this Agreement ("Employment Term"). The Employment Term shall be automatically renewed for successive one-year periods unless either party hereto gives thirty-days prior written notice to the other party that such party desires not to renew the Employment Term. During the Employment Term, Employee will render such services to the Companies as are customary for the position (or positions) held by Employee. During the Employment Term, Employee shall devote his full time, ability and attention, and his best efforts, to the business of the Companies. The Employee shall not directly or indirectly render any services of a business, commercial, or professional nature to any other person, organization or other entity, whether for compensation or otherwise, directly or indirectly, without the prior written consent of the Board of Directors of the Company.
Appears in 1 contract
Samples: Employment Agreement (K-Sea Tranportation Partners Lp)
EMPLOYMENT AND EMPLOYMENT TERM. The Company agrees to employ Employee, and Employee accepts employment with the Company, to serve as Vice President, Operations Administration and Secretary of the Company and as an officer or in such other capacity of any of K-Sea General Partner GP LLC, a Delaware limited liability company ("K-Sea GP"), K-Sea General Partner L.P., a Delaware limited partnership, K-Sea Transportation Partners L.P., a Delaware limited partnership (the "Partnership"), K-Sea Operating Partnership L.P., a Delaware limited liability company (the "Operating Partnership"), and any other subsidiary formed by any of the foregoing (collectively, the "Companies"), as determined by the Board of Directors of such company, for a term commencing on the date hereof and continuing for a period of one year thereafter, unless earlier terminated pursuant to Article IV of this Agreement ("Employment Term"). The Employment Term shall be automatically renewed for successive one-year periods unless either party hereto gives thirty-days prior written notice to the other party that such party desires not to renew the Employment Term. During the Employment Term, Employee will render such services to the Companies as are customary for the position (or positions) held by Employee. During the Employment Term, Employee shall devote his full time, ability and attention, and his best efforts, to the business of the Companies. The Employee shall not directly or indirectly render any services of a business, commercial, or professional nature to any other person, organization or other entity, whether for compensation or otherwise, directly or indirectly, without the prior written consent of the Board of Directors of the Company.
Appears in 1 contract
Samples: Employment Agreement (K-Sea Transportation Partners Lp)