Common use of Offices and Duties Clause in Contracts

Offices and Duties. The EMPLOYEE shall be appointed and/or elected, and shall serve, as the _______________________of the CORPORATION for the term of his employment hereunder. Should the CORPORATION decide to alter the titles and/or positions, it must provide the EMPLOYEE with an essentially equivalent or better position, with equivalent or better salary and benefits.

Appears in 2 contracts

Samples: Employment Agreement (Merchants Bancshares Inc), Employment Agreement (Merchants Bancshares Inc)

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Offices and Duties. The EMPLOYEE shall be appointed and/or electedappointed, and shall serve, as the ________________________ of the CORPORATION for the term of his employment hereunderCORPORATION. Should the CORPORATION decide to alter the titles his/her title and/or positionsposition, it must provide the EMPLOYEE with an essentially equivalent or better position, with equivalent or better salary and benefits.

Appears in 1 contract

Samples: Employment Agreement (Merchants Bancshares Inc)

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Offices and Duties. The EMPLOYEE shall be appointed and/or elected, and shall serve, as the _______________________of the CORPORATION for the term of his employment hereunderCORPORATIONS. Should the CORPORATION CORPORATIONS decide to alter the titles and/or positions, it they must provide the EMPLOYEE with an essentially equivalent or better position, with equivalent or better salary and benefits.

Appears in 1 contract

Samples: Employment Agreement (Merchants Bancshares Inc)

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