Common use of Employment, Duties and Authority Clause in Contracts

Employment, Duties and Authority. 1.1 The Company hereby employs Executive and Executive hereby accepts employment by the Company on the terms, covenants and conditions herein contained. 1.2 The Executive is hereby employed by the Company as Vice President. The Executive shall have such duties, responsibilities and authority as the Chief Executive Officer, Board of Directors or Executive Committee of the Company shall determine from time to time. In general, it is anticipated that the services which Executive shall perform for the Company shall include: (i) research concerning product development for the Company, (ii) attendance at, and participation in, distributor events of the Company as requested from time to time and (iii) research and writing of articles in professional publications, research papers and the like. Executive shall be Chairman of the Scientific Advisory Board of the Company. 1.3 During the term of Executive's employment hereunder, and subject to the other provisions hereof, Executive shall devote approximately one-half (approximately 80 hours per month) of his energies, interest, abilities and productive time to the performance of his duties and responsibilities hereunder and will perform such duties and responsibilities faithfully and with reasonable care for the welfare of the Company. The Company shall maintain an office for Executive at its principal offices and Executive may perform services at such office; provided, that Executive shall be entitled to perform services hereunder at his home or other location as well. 1.4 During the term of his employment hereunder, Executive shall not perform any services for compensation for any Conflicting Organization (as defined in paragraph 9.1.1 hereof) without the express written consent of the Chief Executive Officer, Executive Committee or Board of Directors of the Company. Nothing herein shall be deemed to restrict or prohibit Executive from (i) performing services for, or providing advice or consultation to, a business enterprise which is not a Conflicting Organization provided that such activity does not interfere with the performance of services by Executive to the Company as provided herein, (ii) personal investment activities, including ownership of interests in business enterprises of any kind (except any enterprise engaged in the sale of products or services by means of network marketing), which investment activity may include business non-compensated communications and advice to management; provided that Executive shall not, without the express written consent of the Company, permit the use or association of his name by or with, any business enterprise or (iii) engaging in research and development activities in connection with matters unrelated to the business of the Company.

Appears in 1 contract

Samples: Services Agreement (Reliv International Inc)

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Employment, Duties and Authority. 1.1 The Company hereby employs Executive and Executive hereby accepts employment by the Company on the terms, covenants and conditions herein contained. 1.2 The Executive is hereby employed by the Company as Vice PresidentChairman and Chief Scientific Officer. The Executive shall have such duties, responsibilities and authority as the Chief Executive Officer, Board of Directors or Executive Committee of the Company shall determine from time to time. In general, it is anticipated that the services which Executive shall perform for the Company shall include: (i) research concerning product development for the Company, (ii) product formulation development, (iii) attendance at, and participation in, distributor events of the Company as requested from time to time and time, (iiiiv) research and writing of articles in professional publications, research papers and the likelike and (v) development of quality control protocols for the Company. Executive shall be Chairman of the Scientific Advisory Board of the Company. With regard to travel for distributor functions, the Executive shall not be required to engage in more than two trips per year outside the area of the United States, Canada and Mexico. 1.3 During the term of Executive's employment hereunderperiod from July 1, 2006 through June 30, 2009, Executive shall devote his full working and subject productive time, energies, interest and abilities to the other provisions hereofperformance of his duties hereunder and will perform such duties and responsibilities faithfully and with reasonable care for the welfare of the Company. During the period from July 1, 2009 through June 30, 2012, Executive shall devote approximately one-half (approximately 80 85 hours per month) of his energies, interest, abilities and productive time to the performance of his duties and responsibilities hereunder and will perform such duties and responsibilities faithfully and with reasonable care for the welfare of the Companyhereunder. The Company shall maintain an office for Executive at its principal offices and Executive may perform services at such office; provided, that Executive shall be entitled to perform services hereunder at his home or other location as well. 1.4 During the term of his employment hereunder, Executive shall not perform any services for compensation for any Conflicting Organization (as defined in paragraph paragraph 9.1.1 hereof) without the express written consent of the Chief Executive Officer, Executive Committee or Board of Directors of the Company. Nothing herein shall be deemed to restrict or prohibit Executive from (i) performing services for, or providing advice or consultation to, a business enterprise which is not a Conflicting Organization provided that such activity does not interfere with the performance of services by Executive to the Company as provided herein, (ii) personal investment activities, including ownership of interests in business enterprises of any kind (except any enterprise engaged in the sale of products or services by means of network marketing), which investment activity may include business non-compensated communications and advice to management; provided that Executive shall not, without the express written consent of the Company, permit the use or association of his name by or with, any business enterprise or (iii) engaging in research and development activities in connection with matters unrelated to the business of the Company.

Appears in 1 contract

Samples: Employment Agreement (Reliv International Inc)

Employment, Duties and Authority. 1.1 The Company hereby employs Executive and Executive hereby accepts employment by the Company on the terms, covenants and conditions herein contained. 1.2 The Executive is hereby employed by the Company as Vice PresidentChairman and Chief Scientific Officer. The Executive shall have such duties, responsibilities and authority as the Chief Executive Officer, Board of Directors or Executive Committee of the Company shall determine from time to time. In general, it is anticipated that the services which Executive shall perform for the Company shall include: (i) research concerning product development for the Company, (ii) product formulation development, (iii) attendance at, and participation in, distributor events of the Company as requested from time to time and time, (iiiiv) research and writing of articles in professional publications, research papers and the likelike and (v) development of quality control protocols for the Company. Executive shall be Chairman of the Scientific Advisory Board of the Company. With regard to travel for distributor functions, the Executive shall not be required to engage in more than two trips per year outside the area of the United States, Canada and Mexico. 1.3 During the term of Executive's employment hereunderperiod from January 1, 2013 through December 31, 2015, Executive shall devote his full working and subject productive time, energies, interest and abilities to the other provisions hereofperformance of his duties hereunder and will perform such duties and responsibilities faithfully and with reasonable care for the welfare of the Company. During the period from January 1, 2016 through December 31, 2018, Executive shall devote approximately one-half (approximately 80 85 hours per month) of his energies, interest, abilities and productive time to the performance of his duties and responsibilities hereunder and will perform such duties and responsibilities faithfully and with reasonable care for the welfare of the Companyhereunder. The Company shall maintain an office for Executive at its principal offices and Executive may perform services at such office; provided, that Executive shall be entitled to perform services hereunder at his home or other location as well. 1.4 During the term of his employment hereunder, Executive shall not perform any services for compensation for any Conflicting Organization (as defined in paragraph paragraph 9.1.1 hereof) without the express written consent of the Chief Executive Officer, Executive Committee or Board of Directors of the Company. Nothing herein shall be deemed to restrict or prohibit Executive from (i) performing services for, or providing advice or consultation to, a business enterprise which is not a Conflicting Organization provided that such activity does not interfere with the performance of services by Executive to the Company as provided herein, (ii) personal investment activities, including ownership of interests in business enterprises of any kind (except any enterprise engaged in the sale of products or services by means of network marketing), which investment activity may include business non-compensated communications and advice to management; provided that Executive shall not, without the express written consent of the Company, permit the use or association of his name by or with, any business enterprise or (iii) engaging in research and development activities in connection with matters unrelated to the business of the Company.

Appears in 1 contract

Samples: Employment Agreement (Reliv International Inc)

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Employment, Duties and Authority. 1.1 The Company Employer hereby employs agrees to employ the Executive, and the Executive agrees to be employed, as President and Chief Executive hereby accepts employment by Officer of the Company on Employer. As President and Chief Executive Officer, the termsExecutive shall report directly to the Board of Directors of the Employer (the "BOARD") and shall be responsible for the nationwide general management, covenants administration and conditions herein contained. 1.2 The Executive is hereby employed by operation of all present and future business of the Company as Vice PresidentEmployer and its subsidiaries. The Executive shall be responsible for and shall have such duties, responsibilities and the authority as to select the Chief Executive Officer, Board of Directors or Executive Committee management team of the Company shall determine Employer from time to time, subject to prior consultation with the Board. In generalThe Executive shall devote substantially all of his business time, attention, energies, best efforts and skills to the diligent performance of his duties hereunder. Notwithstanding the foregoing, it is anticipated understood that the services which Executive may expend a reasonable amount of time for personal, charitable, investment and other activities so long as such activities shall perform for the Company shall include: (i) research concerning product development for the Company, (ii) attendance at, and participation in, distributor events of the Company as requested from time to time and (iii) research and writing of articles not interfere in professional publications, research papers and the like. Executive shall be Chairman of the Scientific Advisory Board of the Company. 1.3 During the term of Executive's employment hereunder, and subject to the other provisions hereof, Executive shall devote approximately one-half (approximately 80 hours per month) of his energies, interest, abilities and productive time to any material respect with the performance by the Executive of his duties and responsibilities hereunder hereunder. The Employer also agrees to elect, or cause to be elected, the Executive as a member of, and will perform such duties and responsibilities faithfully and with reasonable care for the welfare Executive agrees to serve on, the Board without any additional compensation. Prior to an Initial Public Offering by the Employer, the Board shall consist of three Directors which shall be comprised of the CompanyExecutive, Allex xxx Willxxx Xxxxx ("XAVOX"). The Company If either Allex xx Savoy should die or become disabled, the survivor of them shall maintain designate a successor. Prior to an office for Executive at its principal offices and Executive may perform services at such office; providedInitial Public Offering, that Executive shall be entitled to perform services hereunder at his home or other location as well. 1.4 During the term of his employment hereunder, Executive shall not perform any services for compensation for any Conflicting Organization (as defined in paragraph 9.1.1 hereof) without the express written consent size of the Chief Board may be increased, provided that any such increase shall have been approved by the Board, including the Executive, Allex xxx Savox, xx being understood that the Executive Officerwill not unreasonably withhold such approval if in contemplation of an Initial Public Offering. After an Initial Public Offering, Executive Committee or the Board shall consist of such number of Directors as is customary for a publicly traded company with market value similar to that of the Company. Nothing herein shall be deemed to restrict or prohibit Executive from (i) performing services for, or providing advice or consultation to, a business enterprise which is not a Conflicting Organization provided that such activity does not interfere with the performance of services by Executive to the Company as provided herein, (ii) personal investment activities, including ownership of interests in business enterprises of any kind (except any enterprise engaged in the sale of products or services by means of network marketing), which investment activity may include business non-compensated communications and advice to management; provided that Executive shall not, without the express written consent of the Company, permit the use or association of his name by or with, any business enterprise or (iii) engaging in research and development activities in connection with matters unrelated to the business of the CompanyEmployer.

Appears in 1 contract

Samples: Employment Agreement (Charter Communications Holdings Capital Corp)

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