Common use of Offices and Duties Clause in Contracts

Offices and Duties. (a) The Company hereby employs Executive during the Term (as hereinafter defined) to serve as the Company's Executive Vice President and Chief Financial Officer. As such, Executive shall have principal responsibility and authority (subject to the provisions of Section 1(c)) to administer all financial and accounting functions for the Company and its subsidiaries, including without limitation with respect to: (i) financial recordkeeping and reporting; (ii) interfacing with the Company's independent auditors; (iii) preparation and interpretation of budgets, projections and other financial analyses; (iv) tax reporting and compliance; (v) cash management; and (vi) reporting to and advising the Company's Board of Directors and executive management on financial, accounting, tax and compensation matters. Within the scope of such functions and duties, Executive shall perform such administrative and supervisory services on behalf of the Company as the Company's Board of Directors or a Superior Officer (as hereinafter defined) may from time to time reasonably direct. The Company's Board of Directors or a Superior Officer may appoint or designate Executive to serve in such other corporate offices of the Company or a Subsidiary (as hereinafter defined) as they may from time to time deem necessary, proper or advisable; provided that, without his consent (which shall not be unreasonably withheld), Executive shall not be required to occupy or serve in any office which (i) is not reasonably related to his functions and duties as Chief Financial Officer and (ii) involves other substantial duties or liabilities. (b) Executive shall devote substantially all of his business time and attention to the business and affairs of the Company. (c) Executive shall at all times be subject to the direction and control of the Company's Board of Directors and the Superior Officers and observe and comply with such rules, regulations, policies and practices as the Company's Board of Directors or the Superior Officers may from time to time establish. (d) Executive hereby accepts such employment and agrees that throughout the Term he shall faithfully, diligently and to the best of his ability, in furtherance of the business of the Company, perform the duties assigned to him or incidental to the offices assumed by him pursuant to this Section.

Appears in 2 contracts

Samples: Employment Agreement (Jakks Pacific Inc), Employment Agreement (Jakks Pacific Inc)

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Offices and Duties. (a) The Company hereby employs Executive during During the Term (as hereinafter defined) to ), Executive shall serve as the Company's Chief Executive Vice President and Chief Financial Officer. As such, Executive shall have principal responsibility and authority (subject to the provisions Officer of Section 1(c)) to administer all financial and accounting functions for the Company and its subsidiaries, including without limitation shall have such duties and responsibilities that are commensurate with respect to: (i) financial recordkeeping such position and reporting; (ii) interfacing with the Company's independent auditors; (iii) preparation such other duties and interpretation of budgets, projections and other financial analyses; (iv) tax reporting and compliance; (v) cash management; and (vi) reporting to and advising the Company's Board of Directors and executive management on financial, accounting, tax and compensation matters. Within the scope of such functions and duties, Executive shall perform such administrative and supervisory services on behalf of the Company responsibilities as the Company's Board of Directors or a Superior Officer (as hereinafter defined) may are from time to time reasonably directassigned to the Executive by the Company’s board of directors. The Company's Board ’s board of Directors or a Superior Officer directors may appoint elect or designate Executive to serve in such other corporate offices of the Company or a Subsidiary (subsidiary or affiliate of the Company as hereinafter defined) as they may the Company’s board of directors from time to time may reasonably deem necessary, proper or advisable; provided that, without his consent (which shall not be unreasonably withheld), advisable and as the Executive shall not be required to occupy or serve in any office which (i) is not reasonably related to his functions and duties as Chief Financial Officer and (ii) involves other substantial duties or liabilities. (b) Executive shall devote substantially all of his business time and attention to the business and affairs of the Company. (c) Executive shall at all times be subject to the direction and control of the Company's Board of Directors and the Superior Officers and observe and comply with such rules, regulations, policies and practices as the Company's Board of Directors or the Superior Officers may from time to time establish. (d) accept. Executive hereby accepts such employment and agrees that throughout the Term he shall faithfully, diligently and to the best of his ability, in furtherance of the business of the Company, perform the duties assigned to him or incidental to the offices assumed by him pursuant to this Section. Executive shall devote all of his business time and attention to the business and affairs of the Company and the performance of Executive’s duties and responsibilities hereunder. Executive may engage or participate in such other activities incidental to any other full-time employment or occupation as do not interfere or conflict with, or compromise his ability to perform, his duties hereunder, and do not create a potential business conflict, and with respect to which the Company’s board of directors has expressly consented and approved in advance in writing. Executive shall at all times be subject to the supervision, direction and control of the Company’s board of directors, and observe and comply with such rules, regulations, policies and practices as the Company’s board of directors may from time to time establish. Executive shall report to the Company’s board of directors. The Executive represents and warrants to the Company that the Executive has the legal right to enter into this Agreement and to perform all of the obligations on the Executive’s part to be performed hereunder in accordance with its terms and that the Executive is not a party to any agreement or understanding, written or oral, which could prevent the Executive from entering into this Agreement or performing all of the Executive’s obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (New Motion, Inc.)

Offices and Duties. (a) The Company hereby employs Executive during the Term (as hereinafter defined) to serve as the Company's ’s Executive Vice President and Chief Financial Officer. As such, Executive shall have principal responsibility and authority (subject to the provisions of Section 1(c1(e)) to administer all financial and accounting functions for the Company and its subsidiaries, including without limitation with respect to: (i) financial recordkeeping and reporting; ; (ii) interfacing with the Company's ’s independent auditors; ; (iii) preparation and interpretation of budgets, projections and other financial analyses; ; (iv) tax reporting and compliance; ; (v) cash management; and and (vi) reporting to and advising the Company's Board ’s board of Directors directors (the “Board”) and executive management on financial, accounting, tax and compensation matters. . (b) Within the scope of such functions and duties, Executive shall perform such administrative and supervisory services on behalf of the Company as the Company's Board of Directors or a Superior Officer (as hereinafter defined) may from time to time reasonably direct. The Company's Board of Directors or a Superior Officer may appoint or designate Executive to serve in such other corporate offices of the Company or a Subsidiary (as hereinafter defined) subsidiary as they may from time to time deem necessary, proper or advisable; provided that, without his consent (which shall not be unreasonably withheld), Executive shall not be required to occupy or serve in any office which (i) is not reasonably related to his functions and duties as Chief Financial Officer and (ii) involves other substantial duties or liabilities. (bc) It is anticipated that the date of commencement of Executive’s employment under this Agreement (the “Commencement Date”) will be April 1, 2018. (d) Executive shall devote substantially all of his business time and attention to the business and affairs of the Company. During the period of his employment, Executive will not engage in any other employment, occupation, consulting or other business activity and will not engage in any other activities that conflict with Executive’s obligations to the Company. (ce) Executive shall at all times be subject to the direction and control of the Company's Board of Directors and the Superior Officers and observe and comply with such rules, regulations, policies and practices as the Company's Board of Directors or the a Superior Officers Officer may from time to time establish. (d) Executive hereby accepts such employment and agrees that throughout the Term he shall faithfully, diligently and to the best of his ability, in furtherance of the business of . The term “Superior Officer" means the Company’s Chairman, perform the duties assigned to him or incidental to the offices assumed by him pursuant to this SectionChief Executive Officer and President.

Appears in 1 contract

Samples: Employment Agreement (Jakks Pacific Inc)

Offices and Duties. (a) The Company hereby employs Executive during During the Term (as hereinafter defined) to ), Executive shall serve as the Company's Executive Vice President and Chief Financial Officer. As such, Executive shall have principal responsibility and authority (subject to the provisions of Section 1(c)) to administer all financial and accounting functions for the Company and its subsidiaries, including without limitation shall have such duties and responsibilities that are commensurate with respect to: (i) financial recordkeeping such position and reporting; (ii) interfacing with the Company's independent auditors; (iii) preparation such other duties and interpretation of budgets, projections and other financial analyses; (iv) tax reporting and compliance; (v) cash management; and (vi) reporting to and advising the Company's Board of Directors and executive management on financial, accounting, tax and compensation matters. Within the scope of such functions and duties, Executive shall perform such administrative and supervisory services on behalf of the Company responsibilities as the Company's Board of Directors or a Superior Officer (as hereinafter defined) may are from time to time reasonably directassigned to the Executive by the Company’s Chief Executive Officer and board of directors. The Company's Board ’s board of Directors or a Superior Officer directors may appoint elect or designate Executive to serve in such other corporate offices of the Company or a Subsidiary (subsidiary or affiliate of the Company as hereinafter defined) as they may the Company’s board of directors from time to time may reasonably deem necessary, proper or advisable; provided that, without his consent (which shall not be unreasonably withheld), advisable and as the Executive shall not be required to occupy or serve in any office which (i) is not reasonably related to his functions and duties as Chief Financial Officer and (ii) involves other substantial duties or liabilities. (b) Executive shall devote substantially all of his business time and attention to the business and affairs of the Company. (c) Executive shall at all times be subject to the direction and control of the Company's Board of Directors and the Superior Officers and observe and comply with such rules, regulations, policies and practices as the Company's Board of Directors or the Superior Officers may from time to time establish. (d) accept. Executive hereby accepts such employment and agrees that throughout the Term he shall faithfully, diligently and to the best of his ability, in furtherance of the business of the Company, perform the duties assigned to him or incidental to the offices assumed by him pursuant to this Section. Executive shall devote all of his business time and attention to the business and affairs of the Company and the performance of Executive’s duties and responsibilities hereunder. Executive may engage or participate in such other activities incidental to any other full-time employment or occupation as do not interfere or conflict with, or compromise his ability to perform, his duties hereunder, and do not create a potential business conflict, and with respect to which the Company’s board of directors has expressly consented and approved in advance in writing. Executive shall at all times be subject to the supervision, direction and control of the Company’s Chief Executive Officer and its board of directors, and observe and comply with such rules, regulations, policies and practices as the Company’s board of directors may from time to time establish. Executive shall report to the Company’s Chief Executive Officer. The Executive represents and warrants to the Company that the Executive has the legal right to enter into this Agreement and to perform all of the obligations on the Executive’s part to be performed hereunder in accordance with its terms and that the Executive is not a party to any agreement or understanding, written or oral, which could prevent the Executive from entering into this Agreement or performing all of the Executive’s obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (New Motion, Inc.)

Offices and Duties. (a) The Company hereby employs During the Term, Executive during the Term (as hereinafter defined) to will serve as Chief Executive Officer — Asia Pacific Region for the Company's Executive Vice President , and Chief Financial Officer. As such, Executive shall have principal responsibility and authority (subject to the provisions will serve as an officer or director of Section 1(c)) to administer all financial and accounting functions for any subsidiary or affiliate of the Company and its subsidiariesthat conducts business in the Asia-Pacific region if elected to any such position by the shareholders or by the board of directors of the Company or any subsidiary or affiliate, including without limitation with respect to: (i) financial recordkeeping and reporting; (ii) interfacing with as the Company's independent auditors; (iii) preparation and interpretation of budgets, projections and other financial analyses; (iv) tax reporting and compliance; (v) cash management; and (vi) reporting to and advising the Company's Board of Directors and executive management on financial, accounting, tax and compensation matterscase may be. Within the scope of In such functions and dutiescapacities, Executive shall perform such administrative duties and supervisory services on behalf shall have such responsibilities as are normally associated with such positions, including without limitation primary responsibility for the day-to-day operations of, and business development for, the Company’s business in China and, to the extent reasonably directed by the Company, the rest of the Company as Asia-Pacific region (including the Company's Board ’s equity in joint ventures operating in China and, to the extent reasonably directed by the Company, the rest of Directors or a Superior Officer the Asia-Pacific region) (as hereinafter defined) may from time to time reasonably direct. The Company's Board of Directors or a Superior Officer may appoint or designate Executive to serve the “Asia-Pacific Business”), and involvement in such other corporate offices matters as the Company may in good faith determine and Executive may in good faith agree to participate (such agreement not to be unreasonably withheld) (e.g., involvement in certain projects or with certain customers to ensure continuity), reporting to the Chief Executive Officer of the Company. Executive’s functions, duties and responsibilities are subject to reasonable changes as the Company or a Subsidiary may in good faith determine after consultation and agreement with Executive (as hereinafter defined) as they may from time such agreement not to time deem necessary, proper or advisable; provided that, without his consent (which shall not be unreasonably withheld), Executive shall not be required to occupy or serve in any office which (i) is not reasonably related to his functions and duties as Chief Financial Officer and (ii) involves other substantial duties or liabilities. (b) Executive shall hereby agrees to accept such employment and election to any such offices and to render the services described above. Throughout the Term, Executive agrees to: (i) devote substantially all of Executive’s business effort, time, attention, energy and skill to Executive’s positions with the Company (subject to the Company’s policies with respect to vacations and absences) (provided that Executive may devote a minimal amount of his business time to other non-gaming-related ventures provided they do not materially interfere with Executive’s performance of his duties hereunder); (ii) faithfully, loyally, and attention to the business and affairs industriously perform such duties; (iii) comply with all of the Company. ’s policies and procedures, as well as all applicable law and regulations, that are known or should be known to Executive; (civ) Executive shall at comply with all times be subject reasonable requests, instructions and regulations made by the Company; and (v) travel for business purposes to the direction and control extent necessary or appropriate in the performance of the Company's Board Executive’s duties. Executive will spend such portion of Directors and the Superior Officers and observe and comply with such ruleshis business time in China (currently estimated to be approximately 25% of his business time) and, regulations, policies and practices as the Company's Board of Directors or the Superior Officers may from time to time establish. (d) Executive hereby accepts such employment and agrees that throughout the Term he shall faithfully, diligently and to the best of his ability, in furtherance of the business of extent reasonably directed by the Company, perform the duties assigned to him or incidental rest of the Asia-Pacific region as may be required in connection with the performance of his duties; provided that, while not in such region, Executive may tele-commute to the offices assumed by him pursuant to this Sectionextent he reasonably deems appropriate. Executive may serve on the boards of a reasonable number of business entities, trade associations, charitable organizations, and similar entities with the prior consent of the Board of Directors, provided that such service does not materially interfere with Executive’s performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

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Offices and Duties. (a) The Company hereby employs Executive during During the Term (as hereinafter defined) to ), Executive shall serve as the Company's Executive Vice President and Chief Financial Officer. As such, Executive shall have principal responsibility and authority (subject to the provisions Officer of Section 1(c)) to administer all financial and accounting functions for the Company and its subsidiaries, including without limitation shall have such duties and responsibilities that are commensurate with respect to: (i) financial recordkeeping such position and reporting; (ii) interfacing with such other duties and responsibilities as are from time to time assigned to the Executive by the Company's independent auditors; (iii) preparation ’s Chief Executive Officer and interpretation of budgets, projections and other financial analyses; (iv) tax reporting and compliance; (v) cash management; and (vi) reporting to and advising the Company's Board ’s board of Directors and executive management on financial, accounting, tax and compensation mattersdirectors. Within the scope The Company’s board of such functions and duties, directors may elect or designate Executive shall perform such administrative and supervisory services on behalf to serve in a similar capacity for a subsidiary or affiliate of the Company as the Company's Board ’s board of Directors or a Superior Officer (as hereinafter defined) may directors from time to time may reasonably direct. The Company's Board of Directors or a Superior Officer may appoint or designate Executive to serve in such other corporate offices of the Company or a Subsidiary (as hereinafter defined) as they may from time to time deem necessary, proper or advisable; provided that, without his consent (which shall not be unreasonably withheld), advisable and as the Executive shall not be required to occupy or serve in any office which (i) is not reasonably related to his functions and duties as Chief Financial Officer and (ii) involves other substantial duties or liabilities. (b) Executive shall devote substantially all of his business time and attention to the business and affairs of the Company. (c) Executive shall at all times be subject to the direction and control of the Company's Board of Directors and the Superior Officers and observe and comply with such rules, regulations, policies and practices as the Company's Board of Directors or the Superior Officers may from time to time establish. (d) accept. Executive hereby accepts such employment and agrees that throughout the Term he shall faithfully, diligently and to the best of his ability, in furtherance of the business of the Company, perform the duties assigned to him or incidental to the offices assumed by him pursuant to this Section. Executive shall devote all of his business time and attention to the business and affairs of the Company and the performance of Executive’s duties and responsibilities hereunder; provided, however, Executive may serve as an advisor or director to other organizations as long as such activities are disclosed to and approved by the Company’s Chief Executive Officer or board of directors (which approval will not be unreasonably withheld) and do not interfere or conflict with his duties or obligations to the Company. Executive shall at all times be subject to the supervision, direction and control of the Company’s Chief Executive Officer and board of directors, and observe and comply with such rules, regulations, policies and practices as the Company’s board of directors may from time to time establish. Executive shall report to the Company’s Chief Executive Officer. The Executive represents and warrants to the Company that the Executive has the legal right to enter into this Agreement and to perform all of the obligations on the Executive’s part to be performed hereunder in accordance with its terms and that the Executive is not a party to any agreement or understanding, written or oral, which could prevent the Executive from entering into this Agreement or performing all of the Executive’s obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (New Motion, Inc.)

Offices and Duties. (a) The Company hereby employs Executive during the Term (as hereinafter defined) to serve as the Company's ’s Executive Vice President and Chief Financial Officer. As such, Executive shall have principal responsibility and authority (subject to the provisions of Section 1(c1(d)) to administer all financial and accounting functions for the Company and its subsidiaries, including without limitation with respect to: (i) i. financial recordkeeping and reporting; (ii) . interfacing with the Company's ’s independent auditors; (iii) . preparation and interpretation of budgets, projections and other financial analyses; (iv) . tax reporting and compliance; (v) v. cash management; and (vi) . reporting to and advising the Company's Board ’s board of Directors directors (the “Board”) and executive management on financial, accounting, tax and compensation matters. . b. Within the scope of such functions and duties, Executive shall perform such administrative and supervisory services on behalf of the Company as the Company's Board of Directors or a Superior Officer (as hereinafter defined) may from time to time reasonably direct. The Company's Board of Directors or a Superior Officer may appoint or designate Executive to serve in such other corporate offices of the Company or a Subsidiary (as hereinafter defined) subsidiary as they may from time to time deem necessary, proper or advisable; provided that, without his consent (which shall not be unreasonably withheld), Executive shall not be required to occupy or serve in any office which (i) is not reasonably related to his functions and duties as Chief Financial Officer and (ii) involves other substantial duties or liabilities. (b) c. Executive shall devote substantially all of his business time and attention to the business and affairs of the Company. (c) d. Executive shall at all times be subject to the direction and control of the Company's Board of Directors and the Superior Officers and observe and comply with such rules, regulations, policies and practices as the Company's Board of Directors or the a Superior Officers Officer may from time to time establish. (d) e. Executive hereby accepts such employment and agrees that throughout the Term he shall faithfully, diligently and to the best of his ability, in furtherance of the business of the Company, perform the duties assigned to him or incidental to the offices assumed by him pursuant to this Section.

Appears in 1 contract

Samples: Employment Agreement (Jakks Pacific Inc)

Offices and Duties. (a) The Company hereby employs Executive during the Term (as hereinafter defined) to serve as the Company's Executive Vice President and Chief Financial Officer. As such, Executive shall have principal responsibility and authority (subject to the provisions of Section 1(c)) to administer all financial and accounting functions for the Company and its subsidiaries, including without limitation with respect to: (i) financial recordkeeping and reporting; (ii) interfacing with the Company's independent auditors; (iii) preparation and interpretation of budgets, projections and other financial analyses; (iv) tax reporting and compliance; (v) cash management; and (vi) reporting to and advising the Company's Board of Directors and executive management on financial, accounting, tax and compensation matters. Within the scope of such functions and duties, Executive shall perform such administrative and supervisory services on behalf of the Company as the Company's Board of Directors or a Superior Officer (as hereinafter defined) may from time to time reasonably direct. The Company's Board of Directors or a Superior Officer may appoint or designate Executive to serve in such other corporate offices of the Company or a Subsidiary (as hereinafter defined) as they may from time to time deem necessary, proper or advisable; provided that, without his consent (which shall not be unreasonably withheld), Executive shall not be required to occupy or serve in any office which (i) is 2 not reasonably related to his functions and duties as Chief Financial Officer and (ii) involves other substantial duties or liabilities. (b) Executive shall devote substantially all of his business time and attention to the business and affairs of the Company. (c) Executive shall at all times be subject to the direction and control of the Company's Board of Directors and the Superior Officers and observe and comply with such rules, regulations, policies and practices as the Company's Board of Directors or the Superior Officers may from time to time establish. (d) Executive hereby accepts such employment and agrees that throughout the Term he shall faithfully, diligently and to the best of his ability, in furtherance of the business of the Company, perform the duties assigned to him or incidental to the offices assumed by him pursuant to this Section.

Appears in 1 contract

Samples: Employment Agreement (Jakks Pacific Inc)

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