Common use of Employment Duties and Term Clause in Contracts

Employment Duties and Term. (a) Subject to the terms hereof, the Company hereby employs Employee as President, and Employee accepts such employment with the Company on the terms set forth in this Agreement. In such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position as are assigned to him from time to time by the Board or its designees. Employee shall report to the Chair of the Company’s Board. (b) Employee shall devote sufficient working time and best efforts to the performance of his duties under this Agreement for and on behalf of the Company and shall not engage in any business activity in competition with the Company, or that otherwise prevents Employee from performing his duties for the Company. Notwithstanding the foregoing, Employee shall be permitted to serve on corporate, civic or charitable boards or committees, so long as he is currently serving in those positions at the time of execution of this Agreement, or the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this Agreement. Employee represents that he is not subject to any non-competition, confidentiality, trade secrets or other agreement(s) that would preclude, or restrict in any way, Employee from fully performing his services hereunder during his employment with the Company. (c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for a term commencing on the Effective Date and ending on the date this Agreement is terminated pursuant to Section 4 below (the “Term”). Employee acknowledges and agrees his employment with the Company is on an “at will” basis, meaning that either Employee or the Company may terminate his employment at any time for any reason or no reason, without further obligation or liability, except as expressly set forth in Section 4 below.

Appears in 1 contract

Samples: Employment Agreement (Mobivity Holdings Corp.)

AutoNDA by SimpleDocs

Employment Duties and Term. (a) Subject to the terms hereof, the Company A. Avis hereby employs Employee the Executive as President, and Employee Vice President - International of Avis. The Executive hereby accepts such employment with and agrees to discharge the Company on responsibilities of said office, or any other executive office as determined by the terms set forth in this Agreement. In President and Chief Executive Officer of Avis, faithfully and to the best of his ability and perform such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position services of an executive, administrative and managerial nature as are assigned to him shall be specified and designated from time to time by the Board President and Chief Executive Officer of Avis, in connection with the business and activities of Avis. Avis agrees only to impose such duties and services as are reasonable and consistent with good and ethical business practices. B. The Executive's employment shall be for a period of one (1) year, commencing on September 21, 1987 ("Commencement Date"), and ending on the first anniversa- ry of the day preceding the Commencement Date (the "Term of the Agreement"). It shall renew automatically from year to year thereafter, unless notice, in the manner herein required, is given by either Executive to Avis or its designeesAvis to Executive at least sixty (60) days before the end of the term that such employment shall cease as of the end of such term (the "Extended Employment Period"). Employee Avis and Executive further agree, however, that Avis may elect to terminate this agreement without just cause at any time upon the giving of thirty days written notice to Executive, but that in such event Executive shall report be entitled to the Chair compensation and benefits provided for in Paragraph F of Article II hereof. C. The Executive agrees that during the Term of the Company’s Board. (b) Employee shall Agreement and the Extended Employment Period, if applicable, he will devote sufficient working substantially all his time and best efforts effort to the performance of his duties under this Agreement for hereunder and on behalf of the Company and shall will not engage in any business activity in competition with other employment activities for any direct or indirect remuneration without the Company, or that otherwise prevents Employee from performing his duties for prior written consent of the Company. Notwithstanding This restriction shall not apply to the foregoingmaking investments in real estate, Employee shall be permitted oil and gas or other ventures (where Executive is not required to serve on corporateactively participate in the management thereof) or in stocks, civic bonds or charitable boards commodities for his own account or committeesthat of his family, so long as he is currently serving in those positions at the time of execution of this Agreement, or the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this Agreement. Employee represents that he is not subject to any non-competition, confidentiality, trade secrets or other agreement(s) that would preclude, or restrict in any way, Employee from fully performing his services hereunder during his employment with the CompanyExecutive's duties hereunder. (c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for a term commencing on the Effective Date and ending on the date this Agreement is terminated pursuant to Section 4 below (the “Term”). Employee acknowledges and agrees his employment with the Company is on an “at will” basis, meaning that either Employee or the Company may terminate his employment at any time for any reason or no reason, without further obligation or liability, except as expressly set forth in Section 4 below.

Appears in 1 contract

Samples: Employment Agreement (Avis Rent a Car Inc)

Employment Duties and Term. (a) Subject to the terms hereof, the Company hereby employs Employee as Presidentthe Chief Executive Officer as of the Effective Date and Employee shall become a member of the Board of Directors of Company (the "Board") within one week following the Effective Date, and Employee hereby accepts such employment with Company and appointment to the Company Board on the terms and conditions set forth in this Agreement. In such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position as are assigned to him from time to time by the Board or its designeesBoard. During the period during which Employee shall report be employed by the Company pursuant to the Chair terms of this Agreement (the Company’s Board. (b) "Term of Employment"), Employee shall devote sufficient his full working time and best efforts to the performance of his duties under this Agreement for and on behalf of the Company Company, and shall not work for anyone else without the express written consent of Company or engage in any business activity in competition with or detrimental to Company or any affiliate of Company. Employee shall follow in all material respects all rules, policies and programs adopted from time to time by the Company, or that otherwise prevents Employee from performing his duties for the CompanyCompany and applicable to Employee. Notwithstanding the foregoingforegoing or any other provision of this Agreement, it shall not be a breach or violation of this Agreement for Employee shall be permitted to (x) serve on corporate, civic or charitable boards or committees, (y) deliver lectures, fulfill speaking engagements or teach at educational institutions, or (z) manage personal investments, so long as he is currently serving in those positions at the time of execution of this Agreement, or the Board consents in advance in writing to such activities, and such activities do not materially significantly interfere with or significantly detract from the performance of his Employee's responsibilities as an employee of to the Company in accordance with this Agreement. Employee represents that he . (b) This Agreement shall commence on the Effective Date and end on the date on which this Agreement is not subject to any non-competition, confidentiality, trade secrets or other agreement(s) that would preclude, or restrict terminated in any way, Employee from fully performing his services hereunder during his employment accordance with Paragraph 3 of this Agreement (the Company"Termination Date"). (c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement 's services shall be for a term commencing on performed from Employee's home-based office until such time that the Effective Date and ending on location of the date this Agreement is terminated pursuant to Section 4 below (the “Term”). Employee acknowledges and agrees his employment with the Company is on an “at will” basis, meaning that either Employee or the Company may terminate his employment at any time for any reason or no reason, without further obligation or liability, except as expressly set forth in Section 4 belowCompany's U.S. headquarters has been established.

Appears in 1 contract

Samples: Employment Agreement (Integrity Applications, Inc.)

Employment Duties and Term. (a) Subject to the terms hereof, the Company hereby employs Employee as PresidentPresident and Chief Executive Officer, and Employee accepts such employment with the Company on the terms set forth in this Agreement. In such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position as are assigned to him from time to time by the Board or its designees. Employee shall report to the Chair of the Company’s Board. (b) Employee shall devote sufficient his full working time and best efforts to the performance of his duties under this Agreement for and on behalf of the Company and shall not work for anyone else or engage in any business activity in competition with the Company, or that otherwise prevents Employee from performing his duties for detrimental to the Company. Notwithstanding the foregoing, Employee shall be permitted to serve on corporate, civic or charitable boards or committees, so long as he is currently serving in those positions at the time of execution of this Agreement, or the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this Agreement. Employee represents that he is not subject to any non-competition, confidentiality, trade secrets or other agreement(s) that would preclude, or restrict in any way, Employee from fully performing his services hereunder during his employment with the Company. (c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for a an initial term commencing on the Effective Date and ending on the date this Agreement is terminated pursuant to Section 4 below third (3rd) anniversary of the Effective Date (the “Initial Term”). Employee acknowledges and agrees his employment with Unless earlier terminated as set forth herein, at the Company is on an conclusion of the Initial Term, this Agreement shall automatically renew for additional one-year renewal terms (each a at will” basisRenewal Term”), meaning that unless either Employee or the Company may terminate his employment notifies the other in writing of its desire not to renew this Agreement at least ninety (90) days prior to the conclusion of the Initial Term or any time for any reason subsequent Renewal Term. The date on which this Agreement is terminated or no reason, without further obligation or liability, except expires as expressly set forth in Section 4 belowprovided herein is herein called the “Termination Date,” and the period from the Effective Date through the Termination Date is herein called the “Term.

Appears in 1 contract

Samples: Employment Agreement (Commercetel Corp)

Employment Duties and Term. (a) Subject to the terms hereof, the Company hereby employs Employee as PresidentChief Sales Officer, and Employee accepts such employment with the Company on the terms set forth in this Agreement. In such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position as are assigned to him from time to time by the Board or its designees. Employee shall report to the Chair of the Company’s Board. (b) Employee shall devote sufficient his full working time and best efforts to the performance of his duties under this Agreement for and on behalf of the Company and shall not work for anyone else or engage in any business activity in competition with the Company, or that otherwise prevents Employee from performing his duties for detrimental to the Company. Notwithstanding the foregoing, Employee shall be permitted to serve on corporate, civic or charitable boards or committees, so long as he is currently serving in those positions at the time of execution of this Agreement, or the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this Agreement. Employee represents that he is not subject to any non-competition, confidentiality, trade secrets or other agreement(s) that would preclude, or restrict in any way, Employee from fully performing his services hereunder during his employment with the Company. (c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for a an initial term commencing on the Effective Date and ending on the date this Agreement is terminated pursuant to Section 4 below third (3rd) anniversary of the Effective Date (the “Initial Term”). Employee acknowledges and agrees his employment with Unless earlier terminated as set forth herein, at the Company is on an conclusion of the Initial Term, this Agreement shall automatically renew for additional one-year renewal terms (each a at will” basisRenewal Term”), meaning that unless either Employee or the Company may terminate his employment notifies the other in writing of its desire not to renew this Agreement at least ninety (90) days prior to the conclusion of the Initial Term or any time for any reason subsequent Renewal Term. The date on which this Agreement is terminated or no reason, without further obligation or liability, except expires as expressly set forth in Section 4 belowprovided herein is herein called the “Termination Date,” and the period from the Effective Date through the Termination Date is herein called the “Term.

Appears in 1 contract

Samples: Employment Agreement (Mobivity Holdings Corp.)

AutoNDA by SimpleDocs

Employment Duties and Term. (a) Subject to the terms hereof, the Company hereby employs Employee as PresidentChief Financial Officer, and Employee accepts such employment with the Company on the terms set forth in this Agreement. In such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position as are assigned to him from time to time by the Board or its designees. Employee shall report to the Chair of the Company’s Board. (b) Employee shall devote sufficient his full working time and best efforts to the performance of his duties under this Agreement for and on behalf of the Company and shall not work for anyone else or engage in any business activity in competition with the Company, or that otherwise prevents Employee from performing his duties for detrimental to the Company. Notwithstanding the foregoing, Employee shall be permitted to serve on corporate, civic or charitable boards or committees, so long as he is currently serving in those positions at the time of execution of this Agreement, or the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this Agreement. Employee represents that he is not subject to any non-competition, confidentiality, trade secrets or other agreement(s) that would preclude, or restrict in any way, Employee from fully performing his services hereunder during his employment with the Company. (c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for a an initial term commencing on the Effective Date and ending on the date this Agreement is terminated pursuant to Section 4 below third (3rd) anniversary of the Effective Date (the “Initial Term”). Employee acknowledges and agrees his employment with Unless earlier terminated as set forth herein, at the Company is on an conclusion of the Initial Term, this Agreement shall automatically renew for additional one-year renewal terms (each a at will” basisRenewal Term”), meaning that unless either Employee or the Company may terminate his employment notifies the other in writing of its desire not to renew this Agreement at least ninety (90) days prior to the conclusion of the Initial Term or any time for any reason subsequent Renewal Term. The date on which this Agreement is terminated or no reason, without further obligation or liability, except expires as expressly set forth in Section 4 belowprovided herein is herein called the “Termination Date,” and the period from the Effective Date through the Termination Date is herein called the “Term.

Appears in 1 contract

Samples: Employment Agreement (Commercetel Corp)

Employment Duties and Term. (a) Subject to the terms hereof, the Company hereby employs Employee as President, and Employee accepts such employment with the Company on the terms set forth in this Agreement. In such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position as are assigned to him from time to time by the Board or its designees. Employee shall report to the Chair of the Company’s Board. (b) Employee shall devote sufficient his full working time and best efforts to the performance of his duties under this Agreement for and on behalf of the Company and shall not work for anyone else or engage in any business activity in competition with the Company, or that otherwise prevents Employee from performing his duties for detrimental to the Company. Notwithstanding the foregoing, Employee shall be permitted to serve on corporate, civic or charitable boards or committees, so long as he is currently serving in those positions at the time of execution of this Agreement, or the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this Agreement. Employee represents that he is not subject to any non-competition, confidentiality, trade secrets or other agreement(s) that would preclude, or restrict in any way, Employee from fully performing his services hereunder during his employment with the Company. (c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for a an initial term commencing on the Effective Date and ending on the date this Agreement is terminated pursuant to Section 4 below third (3rd) anniversary of the Effective Date (the “Initial Term”). Employee acknowledges and agrees his employment with Unless earlier terminated as set forth herein, at the Company is on an conclusion of the Initial Term, this Agreement shall automatically renew for additional one-year renewal terms (each a at will” basisRenewal Term”), meaning that unless either Employee or the Company may terminate his employment notifies the other in writing of its desire not to renew this Agreement at least ninety (90) days prior to the conclusion of the Initial Term or any time for any reason subsequent Renewal Term. The date on which this Agreement is terminated or no reason, without further obligation or liability, except expires as expressly set forth in Section 4 belowprovided herein is herein called the “Termination Date,” and the period from the Effective Date through the Termination Date is herein called the “Term.

Appears in 1 contract

Samples: Employment Agreement (Mobivity Holdings Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!