Common use of Employment Position Clause in Contracts

Employment Position. The parties agree that the employment of Executive by Employer shall continue for the term referred to in Section 2. Employer agrees to continue the employment of Executive in a senior officer position for both Employer and Bank with the same titles referenced above. Executive shall devote his full time during business hours to the performance of his duties hereunder and shall at all times use his best efforts to promote the best interests of Employer. Executive shall report to the Chief Executive Officer, or such other senior executive officer of Employer or Bank, as the Chief Executive Officer of Employer, the Chairman of the Board, or the Board of Directors (“Board”) shall direct.

Appears in 3 contracts

Samples: Employment Agreement (1st Source Corp), Employment Agreement (1st Source Corp), Employment Agreement (1st Source Corp)

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Employment Position. The parties agree that the employment of Executive by Employer shall continue for the term referred to in Section 2. Employer agrees to continue the employment of Executive in a senior officer position for both Employer and Bank with the same titles title referenced above. Executive shall devote his full time during business hours to the performance of his duties hereunder and shall at all times use his best efforts to promote the best interests of Employer. Executive shall report to the Chief Executive Officer, or such other senior executive officer of Employer or Bank, as the Chief Executive Officer of Employer, the Chairman of the Board, or the Board of Directors (“Board”) shall direct.

Appears in 1 contract

Samples: Employment Agreement (1st Source Corp)

Employment Position. The parties agree that the employment of Executive by Employer shall continue for the term referred to in Section 2. Employer agrees to continue the employment of Executive in a senior officer position for either or both Employer and Bank with the same titles referenced above. Executive shall devote his full full-time during business hours to and when otherwise required for the performance of his duties hereunder and shall at all times use his best efforts to promote the best interests of Employer. Executive shall report to the Chief Executive Officer, or such other senior executive officer of Employer or Bank, as the Chief Executive Officer of EmployerOfficer, the Chairman of the Board, or the Board of Directors (“Board”) shall direct.

Appears in 1 contract

Samples: Employment Agreement (1st Source Corp)

Employment Position. The parties agree that the employment of Executive by -------------------- Employer shall continue for the term referred to in Section 2. Employer agrees to continue the employment of Executive in a senior officer position for both Employer and Bank with the same titles referenced abovetitle of Senior Vice President and General Counsel. Executive shall devote his full time during business hours to the performance of his duties hereunder and shall at all times use his best efforts effort to promote the best interests of Employer. Executive shall report to the Chief Executive Officer, or such other senior executive officer of Employer or its subsidiary, 1st Source Bank, as the Chief Executive Officer of Employer, the Chairman of the Board, or the Board of Directors ("Board") shall direct.

Appears in 1 contract

Samples: Employment Agreement (1st Source Corp)

Employment Position. The parties agree that the employment of Executive by Employer shall continue for the term referred to in Section 2. Employer agrees to continue the employment of Executive in a senior officer position for both Employer and Bank with the same titles referenced above. Executive shall devote his her full time during business hours to the performance of his her duties hereunder and shall at all times use his her best efforts to promote the best interests of Employer. Executive shall report to the Chief Executive OfficerVice President of Administration, or such other senior executive officer of Employer or Bank, as the Chief Executive Officer of EmployerOfficer, the Chairman of the Board, or the Board of Directors (“Board”) shall direct.

Appears in 1 contract

Samples: Employment Agreement (1st Source Corp)

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Employment Position. The parties agree that the employment of Executive by Employer shall continue for the term referred to in Section 2. Employer agrees to continue the employment of Executive in a senior officer position for both Employer and Bank with the same titles referenced abovetitle of Executive Vice President of Bank. Executive shall devote his full time during business hours to the performance of his duties hereunder and shall at all times use his best efforts effort to promote the best interests of Employer. Executive shall report to the Chief Executive OfficerPresident of Bank, or such other senior executive officer of Employer or its subsidiary, 1st Source Bank, as the Chief Executive Officer of Employer, the Chairman of the Board, Employer or the Board of Directors (“Board”) shall direct.

Appears in 1 contract

Samples: Employment Agreement (1st Source Corp)

Employment Position. The parties agree that the employment of Executive by Employer shall continue for the term referred to in Section 2. Employer agrees to continue the employment of Executive in a senior officer position for both Employer and Bank with the same titles referenced aboveBank. Executive shall devote his full time during business hours to the performance of his duties hereunder and shall at all times use his best efforts to promote the best interests of Employer. Executive shall report to the Chief Executive Officer, or such other senior executive officer of Employer or Bank, as the Chief Executive Officer of EmployerOfficer, the Chairman of the Board, or the Board of Directors (“Board”) shall direct.

Appears in 1 contract

Samples: Employment Agreement (1st Source Corp)

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