Officer and Secretary. The officers of the Company shall be elected annually by the Directors at the annual meeting of the Directors. Each officer shall hold office until the next succeeding annual meeting of the Directors and until his or her successor shall have been elected, or until his or her death or resignation or removal in accordance with this Agreement. An officer may resign at any time by delivering written notice to the Chairman, the President, the Secretary or any two of the Directors. The resignation of an officer shall be effective when the notice is received by the Chairman, the President, the Secretary or any Director, as the case may be, or at such later time as may be specified in the notice, and, unless otherwise specified in the notice, the acceptance of a resignation shall not be necessary to make it effective. Any officer may be removed by the Directors at any time, with or without cause, for any reason or for no reason, but such removal shall be without prejudice to the contract rights, if any, of the individual so removed. The election of an officer does not itself create contract rights in favor of the officer. The Chairman shall, if present at the meeting in question, preside over and act as chairperson of all meetings of the Members and all meetings of the Directors. The Chairman shall have authority to sign, execute and acknowledge all contracts, checks, deeds, mortgages, bonds, leases or other obligations on behalf of the Company which shall be authorized by the Directors, and the Chairman may sign, along with the Secretary, certificates for Units. The Chairman shall be subject to the control of the Directors and shall keep the Directors fully informed and shall freely consult with the Directors concerning the business of the Company. The Chairman shall also perform all duties as may from time to time be assigned to the Chairman by the Directors. The Vice Chairman shall perform the duties of the Chairman in the absence of the Chairman or in the event of the death, inability or refusal to act of the Chairman, and, when so acting, shall have all of the powers of, and shall be subject to all the restrictions upon, the Chairman. The Vice Chairman shall also perform all duties as may from time to time be assigned to the Vice Chairman by the Chairman, the President or the Directors. The President shall, subject to the control of the Directors, have general charge of and direct the operations of the Company and shall be the chief executive officer of the C...
Officer and Secretary. The Executive shall also serve as the President, Chief Executive Officer and Secretary of the REIT as well as the Chairman of the REIT's Board of Directors (the "Board")."
Officer and Secretary. During the Employment Term, the Employee shall devote her full attention and business time to the business and affairs of the Company and the Employee will use her best efforts to perform faithfully and efficiently, and to discharge, the Employee's responsibilities and duties under this Agreement. Notwithstanding the foregoing, the Employee may devote such time to manage her personal affairs and to serve on community, corporate, civic, professional or charitable boards or committees, so long as such activities do not unreasonably interfere with the performance of the Employee's duties and responsibilities under this Agreement.
Officer and Secretary. The Executive agrees to perform such executive employment duties for the Company consistent with the positions specified above, and as the Board, the Executive Committee, or the Chairman of the Board shall assign to him from time to time consistent with his position with the Company.
Officer and Secretary. The Executive shall report to the Chief Executive Officer, Chairman and Board of Directors of the Company; provided, however, that the Company, in its sole discretion, shall have the right to make changes in the Executive's reporting assignment. The Executive shall render to the Company such services as are typically associated with the position in which he is employed, and any other services that the Company may reasonably require of him.
Officer and Secretary. The Executive shall have executive duties, functions, authority and responsibilities commensurate with the office or offices that Executive from time to time holds with the Company. The Executive shall serve without additional remuneration as (a) a member of the Board of Directors of Company ("Board"), or a committee thereof, as determined by the Board; and (b) a director and/or officer of one or more of the Company's subsidiaries, if elected to any such position by the Company or its stockholders.
Officer and Secretary. Executive shall devote substantially all of his business time, energy, skill and efforts to the performance of his duties hereunder and shall faithfully and diligently serve the Company. The foregoing shall not prevent Executive from participating in not-for-profit activities or from managing his passive personal investments provided that these activities do not materially interfere with Executive's obligations hereunder.
Officer and Secretary. Executive shall report to the CEO and the Board and Executive shall devote his best efforts and his full business time and attention to the business and affairs of the Company and its Subsidiaries. Executive's principal place of employment shall be in the Washington, D.C. metropolitan area, subject to such reasonable travel as the rendering of the services hereunder may require. Notwithstanding the foregoing provisions of this Section 1(a) and subject to the limitations ------------ contained in Section 3(a) of this Agreement, the Executive may participate in ------------ charitable, civic, political, social, trade, or other non-profit organizations to the extent such participation does not materially interfere with the performance of his duties hereunder, and may, with the consent of the Board, serve as a non-management director of business corporations (or in a like capacity in other for-profit organizations) so long as it does not materially interfere with the Executive's obligations hereunder.
Officer and Secretary. Xxxxxxx X. Xxxx Xxxxx X. Xxxxxx
Officer and Secretary. During his employment Employee shall perform the duties and bear the responsibilities commensurate with his position and shall serve the Company faithfully and to the best of his ability, under the direction of the Chief Executive Officer of the Company. Employee shall not engage in any other business activity or activities that require significant personal services by Employee or that, in the judgment of the Chief Executive Officer, may conflict with the proper performance of Employee's duties hereunder.
