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Common use of Office and Duties Clause in Contracts

Office and Duties. (a) During the Term, the Executive shall serve as the Chief Financial Officer of the Company, as well as in any other position to which the Executive is appointed by the Company’s Board of Directors (the “Board”). The Executive shall report to the Board and the Company’s Chief Executive Officer or his designee(s) and shall perform such duties and have such responsibilities as the Board or the Company’s Chief Executive Officer or his designee(s) may determine from time to time and which are consistent with Executive’s then current position with the Company. (b) During the Term, the Executive shall devote all of his working time, energy, skill and best efforts to the performance of his duties hereunder in a manner that will faithfully and diligently further the business and interests of the Company. (c) During the Term, the Executive shall not be engaged in any business activity which, in the reasonable judgment of the Board, conflicts with the Executive’s duties hereunder, whether or not such activity is pursued for pecuniary advantage. Should the Executive wish to provide any services to any other person or entity other than the Company or to serve on the board of directors of any other entity or organization, the Executive shall submit a written request to the Board for consideration and approval by the Board in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Egalet Corp), Employment Agreement (Egalet Corp)

Office and Duties. (a) During the Term, the Executive shall serve as the Chief Financial Business Officer of the Company, as well as in any other position to which the Executive is appointed by the Company’s Board of Directors (the “Board”) or the Company’s Chief Executive Officer (the “CEO”). The Executive shall report to the Board and the Company’s Chief Executive Officer CEO or his designee(s) and shall perform such duties and have such responsibilities as the Board or the Company’s Chief Executive Officer CEO or his designee(s) may determine from time to time and which are consistent with Executive’s then current position with the Company. (b) During the Term, the Executive shall devote all of his working time, energy, skill and best efforts to the performance of his duties hereunder in a manner that will faithfully and diligently further the business and interests of the Company. (c) During the Term, the Executive shall not be engaged in any business activity which, in the reasonable judgment of the Board, conflicts with the Executive’s duties hereunder, whether or not such activity is pursued for pecuniary advantage. Should the Executive wish to provide any services to any other person or entity other than the Company or to serve on the board of directors of any other entity or organization, the Executive shall submit a written request to the Board for consideration and approval by the Board in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Egalet Corp), Employment Agreement (Egalet Corp)

Office and Duties. (a) During the Term, the Executive shall serve as the Chief Financial Medical Officer of the Company, as well as in any other position to which the Executive is appointed by the Company’s Board of Directors (the “Board”). The Executive shall report to the Board and the Company’s Chief Executive Officer or his designee(s) and shall perform such duties and have such responsibilities as the Board or the Company’s Chief Executive Officer or his designee(s) may determine from time to time and which are consistent with Executive’s then current position with the Company. (b) During the Term, the Executive shall devote all of his working time, energy, skill and best efforts to the performance of his duties hereunder in a manner that will faithfully and diligently further the business and interests of the Company. (c) During the Term, the Executive shall not be engaged in any business activity which, in the reasonable judgment of the Board, conflicts with the Executive’s duties hereunder, whether or not such activity is pursued for pecuniary advantage. Should the Executive wish to provide any services to any other person or entity other than the Company or to serve on the board of directors of any other entity or organization, the Executive shall submit a written request to the Board for consideration and approval by the Board in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Zyla Life Sciences)

Office and Duties. (a) During the Term, the Executive shall serve as the Chief Financial Officer Senior Vice President and General Counsel of the Company, as well as in any other position to which the Executive is appointed by the Company’s Board of Directors (the “Board”). The Executive shall report to the Board and the Company’s Chief Executive Officer or his designee(s) )] and shall perform such duties and have such responsibilities as the Board or the Company’s Chief Executive Officer Offi9er or his designee(s) may determine from time to time and which are consistent with Executive’s then current position with the Company. (b) During the Term, the Executive shall devote all of his working time, energy, skill and best efforts to the performance of his duties hereunder in a manner that will faithfully and diligently further the business and interests of the Company. (c) During the TermTe1m, the Executive shall not be engaged in any business activity which, in the reasonable judgment of the Board, conflicts with the Executive’s duties hereunder, whether or not such activity is pursued for pecuniary advantage. Should the Executive wish to provide any services to any other person or entity other than the Company or to serve on the board of directors of any other entity or organization, the Executive shall submit a written request to the Board for consideration and approval by the Board in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Egalet Corp)

Office and Duties. (a) During the Term, the Executive shall serve as the Chief Financial Commercial Officer of the Company, as well as in any other position to which the Executive is appointed by the Company’s Board of Directors (the “Board”). The Executive shall report to the Board and the Company’s Chief Executive Officer or his designee(s) and shall perform such duties and have such responsibilities as the Board or the Company’s Chief Executive Officer or his designee(s) may determine from time to time and which are consistent with Executive’s then current position with the Company. (b) During the Term, the Executive shall devote all of his working time, energy, skill and best efforts to the performance of his duties hereunder in a manner that will faithfully and diligently further the business and interests of the Company. (c) During the Term, the Executive shall not be engaged in any business activity which, in the reasonable judgment of the Board, conflicts with the Executive’s duties hereunder, whether or not such activity is pursued for pecuniary advantage. Should the Executive wish to provide any services to any other person or entity other than the Company or to serve on the board of directors of any other entity or organization, the Executive shall submit a written request to the Board for consideration and approval by the Board in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Egalet Corp)

Office and Duties. (a) During the Term, the Executive shall serve as the Chief Financial Medical Officer of the Company, as well as in any other position to which the Executive is appointed by the Company’s Board of Directors (the “Board”). The Executive shall report to the Board and the Company’s Chief Executive Officer or his designee(s) and shall perform such duties and have such responsibilities as the Board or the Company’s Chief Executive Officer or his designee(s) may determine from time to time and which are consistent with Executive’s then current position with the Company. (b) During the Term, the Executive shall devote all of his working time, energy, skill and best efforts to the performance of his duties hereunder in a manner that will faithfully and diligently further the business and interests of the Company. (c) During the Term, the Executive shall not be engaged in any business activity which, in the reasonable judgment of the Board, conflicts with the Executive’s duties hereunder, whether or not such activity is pursued for pecuniary advantage. Should the Executive wish to provide any services to any other person or entity other than the Company or to serve on the board of directors of any other entity or organization, the Executive shall submit a written request to the Board for consideration and approval by the Board in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Egalet Corp)

Office and Duties. (a) During the Term, the Executive shall serve as the Chief Financial Commercial Officer of the Company, as well as in any other position to which the Executive is appointed by the Company’s Board of Directors (the “Board”). The Executive shall report to the Board and the Company’s Chief Executive Officer or his designee(s) and shall perform such duties and have such responsibilities as the Board or the Company’s Chief Executive Officer or his designee(s) may determine from time to time and which are consistent with Executive’s then current position with the Company. (b) During the Term, the Executive shall devote all of his her working time, energy, skill and best efforts to the performance of his her duties hereunder in a manner that will faithfully and diligently further the business and interests of the Company. (c) During the Term, the Executive shall not be engaged in any business activity which, in the reasonable judgment of the Board, conflicts with the Executive’s duties hereunder, whether or not such activity is pursued for pecuniary advantage. Should the Executive wish to provide any services to any other person or entity other than the Company or to serve on the board of directors of any other entity or organization, the Executive shall submit a written request to the Board for consideration and approval by the Board in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Egalet Corp)