Common use of Office and Duties Clause in Contracts

Office and Duties. During the Term, the Executive shall serve as Vice Chairman of the Company, subject to the terms of this Agreement, with such duties, authority and responsibility as are commensurate with such position, subject to oversight and direction of the Company’s board of directors (the “Board”). In exercising his duties and responsibilities, the Executive shall have all the power and authority necessary to fulfill and discharge his duties and responsibilities and shall abide by lawful directions given by the Board. The Executive shall be responsible for such additional duties commensurate with his position not materially inconsistent with the foregoing as may be reasonably determined by the Board from time to time.

Appears in 5 contracts

Samples: Employment Agreement (BBX Capital, Inc.), Employment Agreement (BBX Capital, Inc.), Employment Agreement (BBX Capital Corp)

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Office and Duties. During the Term, the Executive shall serve as Executive Vice Chairman President of the Company, subject to the terms of this Agreement, with such duties, authority and responsibility as are commensurate with such position, subject to oversight and direction of the Company’s board of directors (the “Board”)President. In exercising his duties and responsibilities, the Executive shall have all the power and authority necessary to fulfill and discharge his duties and responsibilities and shall abide by lawful directions given by the Board. The Executive shall be responsible for such additional duties commensurate with his position not materially inconsistent with the foregoing as may be reasonably determined by the Board from time to time.

Appears in 3 contracts

Samples: Employment Agreement (BBX Capital Corp), Employment Agreement (BFC Financial Corp), Employment Agreement (BBX Capital Corp)

Office and Duties. During the Term, the Executive shall serve as Executive Vice Chairman President of the CompanyCompany and CEO of the Axxxxx Companies, subject to the terms of this Agreement, with such duties, authority and responsibility as are commensurate with such position, subject to oversight and direction of the Company’s board of directors (the “Board”)President and Chief Executive Officer. In exercising his duties and responsibilities, the Executive shall have all the power and authority necessary to fulfill and discharge his duties and responsibilities and shall abide by lawful directions given by the Board. The Executive shall be responsible for such additional duties commensurate with his position not materially inconsistent with the foregoing as may be reasonably determined by the Board from time to time.

Appears in 1 contract

Samples: Employment Agreement (BBX Capital, Inc.)

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Office and Duties. During the Term, the Executive shall serve as Executive Vice Chairman President of the Company, subject to the terms of this Agreement, with such duties, authority and responsibility as are commensurate with such position, subject to oversight and direction of the Company’s board of directors (the “Board”)Chief Executive Officer. In exercising his duties and responsibilities, the Executive shall have all the power and authority necessary to fulfill and discharge his duties and responsibilities and shall abide by lawful directions given by the Board. The Executive shall be responsible for such additional duties commensurate with his position not materially inconsistent with the foregoing as may be reasonably determined by the Board from time to time.

Appears in 1 contract

Samples: Employment Agreement (BFC Financial Corp)

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