Extent of Employment. (a) During the Term of Employment, the Executive shall perform his obligations hereunder faithfully and to the best of his ability under the direction of the Board of Directors of Holdings to which the Executive shall directly report, and shall abide by the rules, customs and usages from time to time established by the Company or Holdings. (b) During the Term of Employment, the Executive shall devote all of his business time, energy and skill to the performance of his duties, responsibilities and obligations hereunder (except for vacation periods and reasonable periods of illness or other incapacity), consistent with past practices and norms in similar positions. The Executive will have such authority and power as are inherent to the undertakings applicable to his position as President and Chief Executive Officer and which are necessary to carry out his responsibilities and the duties required of him hereunder. (c) Nothing contained herein shall require Executive to follow any directive or to perform any act which would violate any laws, ordinances, regulations or rules of any governmental, regulatory or administrative body, agent or authority, any court or judicial authority, or any public, private or industry regulatory authority (collectively, “Regulations”). Executive will not (i) breach or violate any provision of any Regulations in any material respect or (ii) otherwise act in any manner which might reasonably be expected to have a material adverse effect on the ongoing business, operations, conditions, prospects or other business relationships or properties of any company in the Company Group or Holdings.
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Samples: Consulting Agreement (Sensus Metering Systems Inc), Employment Agreement (Sensus Metering Systems Inc)
Extent of Employment. (a) During the Term of Employment, the Executive shall perform his obligations hereunder faithfully and to the best of his ability under the direction of the Board of Directors of Holdings Chief Executive Officer to which the Executive shall directly report, and shall abide by the rules, customs and usages from time to time established by the Company or Holdings.
(b) During the Term of Employment, the Executive shall devote all of his business time, energy and skill to the performance of his duties, responsibilities and obligations hereunder (except for (i) vacation periods and reasonable periods of illness or other incapacity; and (ii) Company acknowledges that Executive may carry out his duties as a Board Member of Source Photonics to attend four annual meetings.), consistent with past practices and norms in similar positions. The Executive will have such authority and power as are inherent to the undertakings applicable to his position as President and Chief Executive Officer Vice President, AMI & Electric and which are necessary to carry out his responsibilities and the duties required of him hereunder.
(c) Nothing contained herein shall require nor allow Executive to follow any directive or to perform any act which would violate any laws, ordinances, regulations or rules of any governmental, regulatory or administrative body, agent or authority, any court or judicial authority, or any public, private or industry regulatory authority (collectively, “Regulations”). Executive will not (i) breach or violate any provision of any Regulations in any material respect or (ii) otherwise act in any manner which might reasonably be expected to have a material an adverse effect on the ongoing business, operations, conditions, prospects or other business relationships or properties of any company in the Company Group or Holdings.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Sensus Metering Systems Bermuda 2 LTD)
Extent of Employment. (a) During the Term of Employment, the Executive shall perform his obligations hereunder faithfully and to the best of his ability under the direction of the Board of Directors of Holdings Chief Executive Officer to which the Executive shall directly report, and shall abide by the rules, policies, customs and usages from time to time established by the Company or Holdings.
(b) During the Term of Employment, the Executive shall devote all of his business time, energy and skill to the performance of his duties, responsibilities and obligations hereunder (except for (i) vacation periods and reasonable periods of illness or other incapacity), incapacity consistent with past practices and norms in similar positions. The Executive will have such authority and power as are inherent to the undertakings applicable to his position as President and Chief Executive Financial Officer and which are necessary to carry out his responsibilities and the duties required of him hereunder.
(c) Nothing contained herein shall require nor allow Executive to follow any directive or to perform any act which would violate any laws, ordinances, regulations or rules of any governmental, regulatory or administrative body, agent or authority, any court or judicial authority, or any public, private or industry regulatory authority (collectively, “Regulations”). Executive will not (i) breach or violate any provision of any Regulations in any material respect or (ii) otherwise act in any manner which might reasonably be expected to have a material an adverse effect on the ongoing business, operations, conditions, prospects or other business relationships or properties of any company in the Company Group or Holdings.
Appears in 1 contract
Samples: Employment Agreement (Sensus Metering Systems Bermuda 2 LTD)
Extent of Employment. (a) During the Term of Employment, the Executive shall perform his obligations hereunder faithfully and to the best of his ability under the direction of the Board of Directors of Holdings to which the Executive shall directly report, and shall abide by the rules, customs and usages from time to time established by the Company or Holdings.
(b) During the Term of Employment, the Executive shall devote all of his business time, energy and skill to the performance of his duties, responsibilities and obligations hereunder (except for vacation periods and reasonable periods of illness or other incapacity), consistent with past practices and norms in similar positions. The Executive will have such authority and power as are inherent to the undertakings applicable to his position as President and Chief Executive Financial Officer and which are necessary to carry out his responsibilities and the duties required of him hereunder.
(c) Nothing contained herein shall require Executive to follow any directive or to perform any act which would violate any laws, ordinances, regulations or rules of any governmental, regulatory or administrative body, agent or authority, any court or judicial authority, or any public, private or industry regulatory authority (collectively, “Regulations”). Executive will not (i) breach or violate any provision of any Regulations in any material respect or (ii) otherwise act in any manner which might reasonably be expected to have a material adverse effect on the ongoing business, operations, conditions, prospects or other business relationships or properties of any company in the Company Group or Holdings.
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Extent of Employment. (a) During the Term of Employment, the Executive shall perform his obligations hereunder faithfully and to the best of his ability under the direction of the Board of Directors of Holdings Chief Operating Officer to which the Executive shall directly report, and shall abide by the rules, customs and usages from time to time established by the Company or Holdings.
(b) During the Term of Employment, the Executive shall devote all of his business time, energy and skill to the performance of his duties, responsibilities and obligations hereunder (except for vacation periods and reasonable periods of illness or other incapacity), consistent with past practices and norms in similar positions. The Executive will have such authority and power as are inherent to the undertakings applicable to his position as President and Chief Executive Financial Officer and which are necessary to carry out his responsibilities and the duties required of him hereunder.
(c) Nothing contained herein shall require Executive to follow any directive or to perform any act which would violate any laws, ordinances, regulations or rules of any governmental, regulatory or administrative body, agent or authority, any court or judicial authority, or any public, private or industry regulatory authority (collectively, “Regulations”). Executive will not (i) breach or violate any provision of any Regulations in any material respect or (ii) otherwise act in any manner which might reasonably be expected to have a material adverse effect on the ongoing business, operations, conditions, prospects or other business relationships or properties of any company in the Company Group or Holdings.
Appears in 1 contract
Samples: Employment Agreement (Sensus Metering Systems Bermuda 2 LTD)
Extent of Employment. (a) During the Term of Employment, the Executive shall perform his obligations hereunder faithfully and to the best of his ability under the direction of the Board of Directors of Holdings the Company to which the Executive shall directly report, and shall abide by the rules, customs and usages from time to time established by the Company or Holdings.Company. 2
(b) During the Term of Employment, the Executive shall devote substantially all of his business time, energy and skill to the performance of his duties, responsibilities and obligations hereunder (except for vacation periods and reasonable periods of illness or other incapacity), consistent with past practices and norms in similar positions. The Executive will have such authority and power as are inherent to the undertakings applicable to his position as President office and Chief Executive Officer and which are necessary to carry out his responsibilities and an d the duties required of him hereunder.
(c) Nothing contained herein shall require Executive to follow any directive or to perform any act which would violate any laws, ordinances, regulations or rules of any governmental, regulatory or administrative body, agent or authority, any court or judicial authority, or any public, private or industry regulatory authority (collectively, “collectively "Regulations”"). Executive will not knowingly (i) breach or violate any provision of any Regulations in any material respect or (ii) otherwise act in any manner which might reasonably be expected to have a material adverse effect on the ongoing business, operations, conditions, prospects or other business relationships or properties of any company in the Company Group or HoldingsGroup.
Appears in 1 contract
Samples: Employment Agreement (Automotive Performance Group Inc)
Extent of Employment. (a) During the Term of Employment, the Executive shall report to and perform his obligations hereunder faithfully and to the best of his ability under the direction of the Chairman and Chief Executive Officer of SPACEHAB, Incorporated and the Board of Directors of Holdings to which the Executive shall directly reportCompany, or such other appropriately authorized or designated executive officer of the Company, and shall abide by the rules, customs and usages from time to time established by the Company or HoldingsCompany.
(b) During the Term of Employment, the Executive shall devote all of his business time, energy and skill to as may be reasonably necessary for the performance of his duties, responsibilities and obligations hereunder under this Agreement (except for vacation periods and reasonable periods of illness or other incapacity), consistent with past practices and 2 norms in with respect to similar positions. The Executive will have such authority and power as are inherent to the undertakings applicable to his position as President and Chief Executive Officer and which are necessary to carry out his responsibilities and the duties required of him hereunder.
(c) Nothing contained herein shall require Executive to follow any directive or to perform any act which would violate any laws, ordinances, regulations or rules of any governmental, regulatory or administrative body, agent or authority, any court or judicial authority, or any public, private or industry regulatory authority (collectively, “Regulations”)authority. Executive will not (i) breach shall act in accordance with the laws, ordinances, regulations or violate any provision rules of any Regulations in governmental, regulatory or administrative body, agent or authority, any material respect court or (ii) otherwise act in judicial authority, or any manner which might reasonably be expected to have a material adverse effect on the ongoing businesspublic, operations, conditions, prospects private or other business relationships or properties of any company in the Company Group or Holdingsindustry regulatory authority.
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