Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the Company. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board. (b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives. (c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity or as a member of the governing board of any private or public for-profit company. The Executive shall promptly resign from the board of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A hereto.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Sprint Nextel Corp)
Position and Duties of the Executive. (a) The During the Employment Term, the Executive shall serve as the President and Chief Financial Executive Officer of the Company and shall have such duties and authorities consistent with such position as are customary for the position of chief executive officer of a company of the size and nature of the Company, and agrees to serve such other duties and authorities as an officer of any enterprise and/or agrees to shall be an employee of any Subsidiary as may be requested reasonably determined from time to time by the Board of Directors of the Company (the “Board”), ) consistent with such position and agrees to serve as an officer and/or be an employee of any committee or person delegated Subsidiary as may be reasonably requested from time to time by the Board or the Chief Executive Officer any committee of the Company (the “Chief Executive Officer”)Board. In such capacity, the Executive shall report directly to the his capacity as President and Chief Executive Officer of the Company. The , the Executive shall have such duties, responsibility and authority as may be assigned report only to the Executive from time to time by Board and shall be the Chief Executive Officer, the Board or such other highest ranking senior officer of the Company. During the Employment Term, all employees of the Company as may be designated and its Subsidiaries shall report, directly or indirectly, to the Executive. The Company will throughout the Employment Term nominate the Executive for election to the Board by the Chief Executive Officer or Company’s shareholders at all future annual shareholders’ meetings and any special shareholder meeting at which members of the BoardBoard are elected.
(b) During the Employment Term, the Executive shall, Term and except as may from time to time be otherwise agreed to in writing by the Company, or during reasonable vacations taken in accordance with Section 7, or during authorized leave, or as otherwise provided in Section 3(c), the Executive shall devote his best reasonable efforts, exclusive and full attention and energies (except for attention to personal interests outside of normal working time) to the Executive’s position and duties as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c3(a), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, case within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section Sections 3(a) or Sections ), 10, 11, 12 12, or 13 hereof and, and provided further, that the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may (i) participate in any governmental, educational, charitable or other community affairs andaffairs, (ii) subject to the prior approval of the Chief Executive OfficerBoard, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit companyentity, (iii) manage his personal investments and affairs, and (iv) engage in any other activity that has been approved by the Board. The Executive may retain all fees and other compensation or other proceeds from any such service or activities, and the Company shall promptly resign from not reduce his compensation hereunder by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees, compensation or other proceeds.
Appears in 2 contracts
Samples: Employment Agreement (SPRINT Corp), Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve serves as Chief Financial Officer President-Strategic Planning and Corporate Initiatives and as Acting President of the CompanyCDMA Business Unit, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or the Chairman of the Board. The Executive shall have such duties, responsibility and authority commensurate with the Executive’s title and position, and such additional duties and responsibilities, as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 1110,11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as the President and Chief Financial Executive Officer of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the The Executive shall report directly to the Board. In such capacity as President and Chief Executive Officer of the Company. The , the Executive shall have such duties, exercise general day-to-day supervisory responsibility and operational and management authority as may be assigned to over the Executive from time to time by the Chief Executive Officer, the Board or such other officer affairs of the Company as may be designated by and its Subsidiaries. For purposes of this Agreement, “Subsidiary” shall mean any entity, corporation, partnership (general or limited), limited liability company, entity, firm, business organization, enterprise, association or joint venture in which the Chief Executive Officer Company directly or indirectly controls 50% or more of the Boardvoting interest.
(b) During Subject to the provisions of Section 9, during the Employment Term, the Company agrees to use its reasonable best efforts to cause the Executive to be renominated as a director of the Company (a “Director”). If so elected, the Executive shall serve as a Director of the Company; and if elected, the Executive shall also serve as (i) a member of any committee of the Board, whether now existing or hereafter created, and (ii) a member of the board of directors of any Subsidiary or affiliate of the Company.
(c) Throughout the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, Company and during reasonable vacations (as set forth in Section 7 hereof) hereof and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c)leave, devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated the responsibilities provided for the President and Chief Executive Officer in the Company’s Bylaws for the Executive’s position and title By-laws, and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, Board or any committee or person designated delegated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(cd) During Throughout the Employment Term, Term and provided that such activities do not contravene the provisions of Section Sections 3(a) and (b) or Sections Section 10, 11, 12 or 13 and 14 hereof and, and provided further, further the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, and serve as a member of the governing board of any such organization. Without organization or private or public for profit companies, subject in each case to the prior approval of the Board, the Executive shall not serve in any executive capacity or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer of the CompanyNetwork Officer, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Experience Officer and President National Sales of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as Executive Vice President – Chief Financial Operating Officer of the Company and shall have such duties and authority consistent with such position as are customary for the position of an executive vice president and chief operating officer of a company of the size and nature of the business of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time assigned by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive OfficerCEO”), from time to time. The Executive agrees to serve as an officer and/or be an employee of any Subsidiary as may be reasonably requested from time to time by the CEO. In such capacity, the Executive shall report directly to the Chief Executive Officer of the Company. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the BoardCEO.
(b) During the Employment Term, the Executive shall, except as may from time to time otherwise be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave leave, and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any Company and such duties as may be delineated in the Company’s Bylaws for the and responsibilities commensurate with Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officerset forth in Section 3(a), in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 11 or 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs affairs, manage his personal investments, and, subject to the prior approval of the Chief Executive Officer, CEO serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive shall promptly resign from the board of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A hereto.
Appears in 1 contract
Position and Duties of the Executive. (a) The During the Employment Term, the Executive shall serve as Chief Financial Officer the Senior Vice President, Corporate Development, Legal and Secretary of the Company and shall have such duties and authorities consistent with such position as are customary for the position of Senior Vice President, Corporate Development, Legal and Secretary of a company of the size and nature of the Company, and agrees to serve such other duties and authorities as an officer of any enterprise and/or agrees to shall be an employee of any Subsidiary as may be requested reasonably determined from time to time by the Chief Executive Officer and Board of Directors of the Company (the “Board”), ) consistent with such position and agrees to serve as an officer and/or be an employee of any committee or person delegated Subsidiary as may be reasonably requested from time to time by the Board or the Chief Executive Officer Officer, Board or any committee of the Company (the “Chief Executive Officer”)Board. In such capacityhis capacity as Senior Vice President, Corporate Development, Legal and Secretary of the Company, the Executive shall report directly only to the Chief Executive Officer of the Company. The Executive shall have such duties, responsibility and authority as may be assigned to Company will throughout the Employment Term nominate the Executive from time to time for Secretary of the Board by the Chief Executive Officer, Company’s Directors at the Board or such other officer of Directors meetings immediately after the Company as may be designated by the Chief Executive Officer or the Boardannual shareholders’ meetings.
(b) During the Employment Term, the Executive shall, Term and except as may from time to time be otherwise agreed to in writing by the Company, or during reasonable vacations taken in accordance with Section 7, or during authorized leave, or as otherwise provided in Section 3(c), the Executive shall devote his best reasonable efforts, exclusive and full attention and energies (except for attention to personal interests outside of normal working time) to the Executive’s position and duties as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c3(a), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, case within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and Executive may not undertake any other paid work without the Company’s prior express written authorization, which authorization may be revoked at any time in the Company’s sole discretion. However, provided that such activities do not contravene the provisions of Section Sections 3(a) or Sections ), 10, 11, 12 12, or 13 hereof and, and provided further, that the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may (i) participate in any governmental, educational, charitable or other community affairs andaffairs, (ii) subject to the prior approval of the Chief Executive OfficerCompany, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit companyentity, (iii) manage his personal investments and affairs, and (iv) engage in any other activity that has been approved by the Company. The Executive may retain all fees and other compensation or other proceeds from any such service or activities, and the Company shall promptly resign from not reduce his compensation hereunder by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees, compensation or other proceeds.
Appears in 1 contract
Samples: Employment Agreement (Cellular Biomedicine Group, Inc.)
Position and Duties of the Executive. (a) The Executive shall serve serves as Chief Financial Officer of the CompanyPresident – iDEN, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The During the Employment Term, the Executive shall serve as the Chief Financial Operating Officer of the Company and shall have such duties and authorities consistent with such position as are customary for the position of Chief Operating Officer of a company of the size and nature of the Company, and agrees to serve such other duties and authorities as an officer of any enterprise and/or agrees to shall be an employee of any Subsidiary as may be requested reasonably determined from time to time by the Chief Executive Officer and Board of Directors of the Company (the “Board”), ) consistent with such position and agrees to serve as an officer and/or be an employee of any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the Company. The Executive shall have such duties, responsibility and authority Subsidiary as may be assigned to the Executive reasonably requested from time to time by the Chief Executive Officer, the Board or such other officer any committee of the Company Board. In her capacity as may be designated by Chief Operating Officer of the Company, the Executive shall report to the Chief Executive Officer or of the BoardCompany.
(b) During the Employment Term, the Executive shall, Term and except as may from time to time be otherwise agreed to in writing by the Company, or during reasonable vacations taken in accordance with Section 7, or during authorized leave, or as otherwise provided in Section 3(c), the Executive shall devote her best reasonable efforts, exclusive and full attention and energies (except for attention to personal interests outside of normal working time) to the Executive’s position and duties as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c3(a), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, case within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and Executive may not undertake any other paid work without the Company’s prior express written authorization, which authorization may be revoked at any time in the Company’s sole discretion. However, provided that such activities do not contravene the provisions of Section Sections 3(a) or Sections ), 10, 11, 12 12, or 13 hereof and, and provided further, that the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may (i) participate in any governmental, educational, charitable or other community affairs andaffairs, (ii) subject to the prior approval of the Chief Executive OfficerCompany, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit companyentity, (iii) manage his personal investments and affairs, and (iv) engage in any other activity that has been approved by the Company. The Executive may retain all fees and other compensation or other proceeds from any such service or activities, and the Company shall promptly resign from not reduce her compensation hereunder by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees, compensation or other proceeds.
Appears in 1 contract
Samples: Employment Agreement (Cellular Biomedicine Group, Inc.)
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer Senior Vice President of the CompanyMarketing, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve serves as Chief Financial Officer President of the CompanyNetwork Operations and Wholesale, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve serves as Chief Financial Officer of the CompanySenior Vice President - General Business and Public Sector, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer of the CompanyPresident-Strategic Planning and Corporate Initiatives, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or the Chairman of the Board. The Executive shall have such duties, responsibility and authority commensurate with the Executive’s title and position, and such additional duties and responsibilities, as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer of the CompanyMarketing Officer, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer the Senior Vice President and Controller of the CompanyCompany or in a comparable financial management position, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the The Executive shall report directly to perform such duties as may be delineated in the Chief Executive Officer By-laws of the Company. The Executive shall have , and such dutiesother duties commensurate with the Executive’s title and position, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board Officer or such other officer of the Company as may be designated by the Chief Executive Officer Officer. For purposes of this Agreement, “Subsidiary” shall mean any entity, corporation, partnership (general or limited), limited liability company, entity, firm, business organization, enterprise, association or joint venture in which the BoardCompany directly or indirectly controls ten percent (10%) or more of the voting interest.
(b) During Throughout the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, Company and during reasonable vacations (as set forth in Section 7 hereof) hereof and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c)leave, devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws By-laws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated delegated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During Throughout the Employment Term, Term and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or and 13 hereof and, and provided further, further the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, and serve as a member of the governing board of any such organization. Without organization or of up to three (3) private or public for profit companies, subject in each case to the prior approval of the Board, the Chief Executive shall not serve in any executive capacity or as a member of the governing board of any private or public for-profit companyOfficer. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer Senior Vice President and General Counsel of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Xxxxxx Employment Agreement Page 1 of 26 Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the Company. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Strategy Officer of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his her best efforts, full attention and energies during his her normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his her duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce her compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer Senior Vice President of the CompanyTechnology Development and Corporate Strategy, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer of the CompanySenior Vice President & Treasurer, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority commensurate with the Executive’s title and position, and such duties and responsibilities, as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer of the Company, President-Sales & Distribution and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority commensurate with the Executive’s title and position, and such duties and responsibilities, as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer of the CompanyPresident - Prepaid, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer President of the CompanyNetwork Operations and Wholesale, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer of the CompanySenior Vice President, Corporate and Business Development, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s 's Bylaws for the Executive’s 's position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s 's policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The During the Employment Term, the Executive shall serve as the President and Chief Financial Officer of the Company and shall have such duties and authorities consistent with such position as are customary for the position of president and chief financial officer of a company of the size and nature of the Company, and agrees to serve such other duties and authorities as an officer of any enterprise and/or agrees to shall be an employee of any Subsidiary mutually agreed upon between the Executive and the Chief Executive Officer and as may be requested reasonably determined from time to time by the Board of Directors of the Company (the “Board”), ) consistent with such position and agrees to serve as an officer and/or be an employee of any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the Company. The Executive shall have such duties, responsibility and authority Subsidiary as may be assigned to the Executive reasonably requested from time to time by the Board or any committee of the Board. In his capacity as President and Chief Financial Officer of the Company, the Executive shall report only to the Chief Executive Officer, . The Company will as soon as practicable after the Effective Date and throughout the Employment Term nominate the Executive for election to the Board or such other officer by the Company’s shareholders at all future annual shareholders’ meetings and any special shareholder meeting at which members of the Company as may be designated by the Chief Executive Officer or the BoardBoard are elected.
(b) During the Employment Term, the Executive shall, Term and except as may from time to time be otherwise agreed to in writing by the Company, or during reasonable vacations taken in accordance with Section 7, or during authorized leave, or as otherwise provided in Section 3(c), the Executive shall devote his best reasonable efforts, exclusive and full attention and energies (except for attention to personal interests outside of normal working time) to the Executive’s position and duties as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c3(a), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, case within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section Sections 3(a) or Sections ), 10, 11, 12 12, or 13 hereof and, and provided further, that the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may (i) participate in any governmental, educational, charitable or other community affairs andaffairs, (ii) subject to the prior approval of the Chief Executive Officer, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit companyentity, (iii) manage his personal investments and affairs, and (iv) engage in any other activity that has been approved by the Chief Executive Officer. The Executive may retain all fees and other compensation or other proceeds from any such service or activities, and the Company shall promptly resign from not reduce his compensation hereunder by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees, compensation or other proceeds.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as the President and Chief Financial Executive Officer of the Company and shall have such duties and authority consistent with such position as are customary for the position of chief executive officer of a company of the size and nature of the business of the Company, and agrees to serve such other duties and authority as an officer of any enterprise and/or agrees to shall be an employee of any Subsidiary as may be requested determined from time to time by the Board of Directors of the Company (the “Board”), ) consistent with such position and agrees to serve as an officer and/or be an employee of any committee or person delegated Subsidiary as may be reasonably requested from time to time by the Board or the Chief Executive Officer any committee of the Company (the “Chief Executive Officer”)Board. In such capacity, the Executive shall report directly only to the Chief Executive Officer Board and shall be the highest ranking senior officer of the Company. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer all employees of the Company as may be designated and its Subsidiaries shall report, directly or indirectly, to the Executive. The Company, having appointed the Executive to the Board, will throughout the Employment Term nominate him for election to the Board by the Chief Executive Officer or Company’s shareholders at all future annual shareholders’ meetings and any special shareholder meeting at which the BoardBoard is to be elected.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave leave, and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officerset forth in Section 3(a), in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs affairs, manage his personal investments, continue to serve on governing boards on which he was serving on the Effective Date, and, subject to the prior approval of the Chief Executive Officer, Board serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation hereunder by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer of the CompanySenior Vice President Hispanic Market and Senior Vice President Innovation, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer of the Company, Company and agrees to serve shall have such duties and authority consistent with such position as an officer of any enterprise and/or agrees to shall be an employee of any Subsidiary as may be requested determined from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board ) or the Chief Executive Officer of the Company (the “Chief Executive Officer”)) and as is customary for the position of chief financial officer of a company of the size and nature of the business of the Company, and also agrees to serve as an officer of any enterprise and/or agrees for payroll tax purposes to be an employee of any Subsidiary as may be reasonably requested from time to time by the Board, any committee or single member of the Board designated by the Board to exercise such authority on behalf of the Board or the Chief Executive Officer. In such capacity, the The Executive shall report directly to the Chief Executive Officer of the Company. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title title, and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person single member of the Board designated by the Board to exercise such authority on behalf of the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives, provided that such duties or responsibilities do not cause a violation of a restrictive covenant entered into between the Executive and any prior employer.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company; provided, however, that the prior approval of the Chief Executive Officer shall be deemed to be granted with respect to the Executive’s service and/or other commitment set forth on Attachment A hereto. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign not reduce his compensation by the amount of such fees. This Section 3(c) shall not be construed as prohibiting the Executive from making personal investments in such form or manner as will neither require his services in the board operation or affairs of directors the companies or enterprises in which such investments are made nor violate the terms of any public for-profit company on which he currently serves except for Sections 10, 11, 12 or 13 hereof or the boards set forth on Exhibit A heretoCompany’s Code of Conduct.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as a Senior Vice President and the Chief Financial Information Officer of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer or the Chief Operating Officer of the Company. The Executive shall have perform such dutiesduties as may be delineated in the By-laws of the Company, responsibility and authority such other duties commensurate with the Executive’s title and position, as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board Officer or such other officer of the Company as may be designated by the Chief Executive Officer Officer. For purposes of this Agreement, “Subsidiary” shall mean any entity, corporation, partnership (general or limited), limited liability company, entity, firm, business organization, enterprise, association or joint venture in which the BoardCompany directly or indirectly controls ten percent (10%) or more of the voting interest.
(b) During Throughout the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, Company and during reasonable vacations (as set forth in Section 7 hereof) hereof and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c)leave, devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws By-laws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated delegated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During Throughout the Employment Term, Term and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or and 13 hereof and, and provided further, further the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, and serve as a member of the governing board of any such organization. Without organization or of up to three (3) private or public for profit companies, subject in each case to the prior approval of the Board, the Chief Executive shall not serve in any executive capacity or as a member of the governing board of any private or public for-profit companyOfficer. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer of the CompanyPresident—CDMA, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve serves as Chief Financial Officer of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the Company. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity or as a member of the governing board of any private or public for-profit company. The Executive shall promptly resign has resigned from the board of directors of any public for-profit company on which he currently serves served except for the boards set forth on Exhibit A hereto.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer President Prepaid and Wholesale of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly not reduce his compensation by the amount of such fees. For avoidance of doubt, the Executive must resign from his position as Chairman of the board Board of directors Fastback Networks before December 31, 2016, or immediately if serving in this position creates a conflict with the Company’s Code of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretoConduct.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Operating Officer of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as the President and Chief Financial Executive Officer of the Company and shall have such duties and authority consistent with such position as shall be determined from time to time by the Board of Directors of the Company (the "Board") and as is customary for the position of chief executive officer of a company of the size and nature of the business of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be reasonably requested from time to time by the Board of Directors Board, or any committee of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly only to the Chief Executive Officer Board, shall be the highest ranking senior officer of the Company. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer all employees of the Company as may be designated shall report, directly or indirectly, to the Executive. The Company will appoint the Executive to the Board on the Effective Date and thereafter will nominate him for election to the Board by the Chief Executive Officer or the BoardCompany's shareholders at future annual shareholders' meetings.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s 's Bylaws for the Executive’s 's position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, or any committee or person designated by of the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s 's policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Board serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve serves as Chief Financial Officer Senior Vice President—Finance of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve serves as Chief Financial Officer General Counsel and Corporate Secretary of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The During the Employment Term, the Executive shall serve as the Chief Financial Scientific Officer of the Company and shall have such duties and authorities consistent with such position as are customary for the position of Chief Scientific Officer of a company of the size and nature of the Company, and agrees to serve such other duties and authorities as an officer of any enterprise and/or agrees to shall be an employee of any Subsidiary as may be requested reasonably determined from time to time by the Chief Executive Officer and Board of Directors of the Company (the “Board”), ) consistent with such position and agrees to serve as an officer and/or be an employee of any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the Company. The Executive shall have such duties, responsibility and authority Subsidiary as may be assigned to the Executive reasonably requested from time to time by the Chief Executive Officer, the Board or such other officer any committee of the Company Board. In his capacity as may be designated by Chief Scientific Officer of the Company, the Executive shall report to the Chief Executive Officer or of the BoardCompany.
(b) During the Employment Term, the Executive shall, Term and except as may from time to time be otherwise agreed to in writing by the Company, or during reasonable vacations taken in accordance with Section 7, or during authorized leave, or as otherwise provided in Section 3(c), the Executive shall devote his best reasonable efforts, exclusive and full attention and energies (except for attention to personal interests outside of normal working time) to the Executive’s position and duties as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c3(a), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, case within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and Executive may not undertake any other paid work without the Company’s prior express written authorization, which authorization may be revoked at any time in the Company’s sole discretion. However, provided that such activities do not contravene the provisions of Section Sections 3(a) or Sections ), 10, 11, 12 12, or 13 hereof and, and provided further, that the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may (i) participate in any governmental, educational, charitable or other community affairs andaffairs, (ii) subject to the prior approval of the Chief Executive OfficerCompany, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit companyentity, (iii) manage his personal investments and affairs, and (iv) engage in any other activity that has been approved by the Company. The Executive may retain all fees and other compensation or other proceeds from any such service or activities, and the Company shall promptly resign from not reduce his compensation hereunder by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees, compensation or other proceeds.
Appears in 1 contract
Samples: Employment Agreement (Cellular Biomedicine Group, Inc.)
Position and Duties of the Executive. (ai) The During the Employment Term, the Executive shall serve as the President and Chief Financial Executive Officer of the Company and shall have such duties and authorities consistent with such position as are customary for the position of president and chief executive officer of a company of the size and nature of the Company, and agrees to serve such other duties and authorities as an officer of any enterprise and/or agrees to shall be an employee of any Subsidiary as may be requested from time to time by mutually agreed upon between the Executive and the Board of Directors of the Company (the “Board”), ) consistent with such position and agrees to serve as an officer and/or be an employee of any committee or person delegated Subsidiary as may be reasonably requested from time to time by the Board or the Chief Executive Officer any committee of the Company (the “Chief Executive Officer”)Board. In such capacity, the Executive shall report directly to the his capacity as President and Chief Executive Officer of the Company. The , the Executive shall have such duties, responsibility and authority as may be assigned report only to the Executive from time to time by Board. During the Chief Executive OfficerEmployment Term, the Board or such other officer all employees of the Company and its Subsidiaries shall report, directly or indirectly, to the Executive. The Company will as may be designated soon as practicable after the Effective Date and throughout the Employment Term nominate the Executive for election to the Board by the Chief Executive Officer or Company’s shareholders at all future annual shareholders’ meetings and any special shareholder meeting at which members of the BoardBoard are elected.
(b) During the Employment Term, the Executive shall, Term and except as may from time to time be otherwise agreed to in writing by the Company, or during reasonable vacations taken in accordance with Section 7, or during authorized leave, or as otherwise provided in Section 3(c), the Executive shall devote his best reasonable efforts, exclusive and full attention and energies (except for attention to personal interests outside of normal working time) to the Executive’s position and duties as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c3(a), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, case within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section Sections 3(a) or Sections ), 10, 11, 12 12, or 13 hereof and, and provided further, that the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may (i) participate in any governmental, educational, charitable or other community affairs andaffairs, (ii) subject to the prior approval of the Chief Executive OfficerBoard, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit companyentity, (iii) manage his personal investments and affairs, and (iv) engage in any other activity that has been approved by the Board. The Executive may retain all fees and other compensation or other proceeds from any such service or activities, and the Company shall promptly resign from not reduce his compensation hereunder by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees, compensation or other proceeds.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The During the Employment Term, the Executive shall serve as Chief Financial Officer of in the Company, position set forth on Exhibit A and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of position set forth on Exhibit A attached hereto (the Company“Reporting Person”). The Executive shall have such duties, responsibility responsibilities and authority commensurate with the Executive’s position and such related duties and responsibilities, as from time to time may be assigned to the Executive from time to time by the Chief Executive OfficerReporting Person. In addition, the Board or such other officer Executive will be subject to, and will act in substantial accordance with, all reasonable lawful instructions and directions of the Company Board and all applicable reasonable policies and rules thereof as may be designated by are consistent with the Chief above position, duties, responsibilities and authority. During the Employment Term, the Executive Officer or shall perform his duties in the BoardDallas/Ft. Worth area, Texas.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, Company and during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c)leave, devote substantially all of his normal business working time and his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for performance of the Executive’s position and title duties hereunder and such other related duties and responsibilities as may from time to time be reasonably prescribed by the BoardBoard or any committee thereof, the Reporting Person or any committee or person designated delegated by the Board, or the Chief Executive OfficerReporting Person, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, Term and provided that such activities do not either (i) contravene the provisions of Section 3(a) or Sections 10), 113(b), 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which (ii) materially interferes interfere with the performance of his the Executive’s duties hereunder, the Executive may participate in any continue to serve as a member of the governing board of the governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity or as a member of the governing board of any private or public for-profit company. The Executive shall promptly resign from the board of directors of any public for-profit company on which he currently serves except for the boards organizations set forth on Exhibit A attached hereto. The Executive may retain all fees and other compensation from any such service, and the Company shall not reduce his compensation by the amount of such fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the Company. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Marketing Officer of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The During the Employment Term, the Executive shall serve as the President and Chief Financial Executive Officer of the Company and shall have such duties and authorities consistent with such position as are customary for the position of chief executive officer of a company of the size and nature of the Company, and agrees to serve such other duties and authorities as an officer of any enterprise and/or agrees to shall be an employee of any Subsidiary as may be requested reasonably determined from time to time by the Board of Directors of the Company (the “Board”), ) consistent with such position and agrees to serve as an officer and/or be an employee of any committee or person delegated Subsidiary as may be reasonably requested from time to time by the Board or the Chief Executive Officer any committee of the Company (the “Chief Executive Officer”)Board. In such capacity, the Executive shall report directly to the his capacity as President and Chief Executive Officer of the Company. The , the Executive shall have such duties, responsibility and authority as may be assigned report only to the Executive from time to time by Board and shall be the Chief Executive Officer, the Board or such other highest-ranking senior officer of the Company. During the Employment Term, all employees of the Company as may be designated and its Subsidiaries shall report, directly or indirectly, to the Executive. The Company will throughout the Employment Term nominate the Executive for election to the Board by the Chief Executive Officer or Company’s shareholders at all future annual shareholders’ meetings and any special shareholder meeting at which members of the BoardBoard are elected.
(b) During the Employment Term, the Executive shall, Term and except as may from time to time be otherwise agreed to in writing by the Company, or during reasonable vacations taken in accordance with Section 7, or during authorized leave, or as otherwise provided in Section 3(c), the Executive shall devote his best reasonable efforts, exclusive and full attention and energies (except for attention to personal interests outside of normal working time) to the Executive’s position and duties as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c3(a), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, case within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and Executive may not undertake any other paid work without the Company’s prior express written authorization, which authorization may be revoked at any time in the Company’s sole discretion. However, provided that such activities do not contravene the provisions of Section Sections 3(a) or Sections ), 10, 11, 12 12, or 13 hereof and, and provided further, that the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may (i) participate in any governmental, educational, charitable or other community affairs andaffairs, (ii) subject to the prior approval of the Chief Executive OfficerBoard, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit companyentity, (iii) manage his personal investments and affairs, and (iv) engage in any other activity that has been approved by the Board. The Executive may retain all fees and other compensation or other proceeds from any such service or activities, and the Company shall promptly resign from not reduce his compensation hereunder by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees, compensation or other proceeds.
Appears in 1 contract
Samples: Employment Agreement (Cellular Biomedicine Group, Inc.)
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer Operating Officer, Technology of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or (b) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Officer serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Samples: Employment Agreement (SPRINT Corp)
Position and Duties of the Executive. (a) The Executive shall serve as an Executive Vice President and the Chief Financial Officer of the Company of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the Company. The Executive shall have perform such dutiesduties as may be delineated in the By-laws of the Company, responsibility and authority such other duties commensurate with the Executive’s title and position, as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board Officer or such other officer of the Company as may be designated by the Chief Executive Officer Officer. For purposes of this Agreement, “Subsidiary” shall mean any entity, corporation, partnership (general or limited), limited liability company, entity, firm, business organization, enterprise, association or joint venture in which the BoardCompany directly or indirectly controls ten percent (10%) or more of the voting interest.
(b) During Throughout the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, Company and during reasonable vacations (as set forth in Section 7 hereof) hereof and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c)leave, devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws By-laws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated delegated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During Throughout the Employment Term, Term and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or and 13 hereof and, and provided further, further the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, and serve as a member of the governing board of any such organization. Without organization or of up to three (3) private or public for profit companies, subject in each case to the prior approval of the Board, the Chief Executive shall not serve in any executive capacity or as a member of the governing board of any private or public for-profit companyOfficer. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve serves as Chief Financial Officer of the CompanySenior Vice President - Boost, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the CompanyCompany or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority commensurate with the Executive’s title and position, and such duties and responsibilities, as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage engage, in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive serves as the President and Chief Executive Officer of the Company and shall serve have such duties and authority consistent with such position as Chief Financial Officer shall be determined from time to time by the Board of Directors of the Company (the “Board”) and as is customary for the position of chief executive officer of a company of the size and nature of the business of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be reasonably requested from time to time by the Board of Directors Board, or any committee of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly only to the Chief Executive Officer Board, shall be the highest ranking senior officer of the Company. The Executive shall have such duties, responsibility and authority as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer all employees of the Company as may be designated shall report, directly or indirectly, to the Executive. The Company appointed the Executive to the Board on the Effective Date and will nominate him for election to the Board by the Chief Executive Officer or the BoardCompany’s shareholders at future annual shareholders’ meetings.
(b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, to any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, or any committee or person designated by of the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, Board serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as an Executive Vice President and the Chief Financial Operating Officer of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer of the Company. The Executive shall have perform such dutiesduties as may be delineated in the By-laws of the Company, responsibility and authority such other duties commensurate with the Executive’s title and position, as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board Officer or such other officer of the Company as may be designated by the Chief Executive Officer Officer. For purposes of this Agreement, “Subsidiary” shall mean any entity, corporation, partnership (general or limited), limited liability company, entity, firm, business organization, enterprise, association or joint venture in which the BoardCompany directly or indirectly controls ten percent (10%) or more of the voting interest.
(b) During Throughout the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, Company and during reasonable vacations (as set forth in Section 7 hereof) hereof and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c)leave, devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws By-laws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated delegated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During Throughout the Employment Term, Term and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or and 13 hereof and, and provided further, further the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, and serve as a member of the governing board of any such organization. Without organization or of up to three (3) private or public for profit companies, subject in each case to the prior approval of the Board, the Chief Executive shall not serve in any executive capacity or as a member of the governing board of any private or public for-profit companyOfficer. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as Chief Financial Officer President of the Company and Managing Director of the Company’s New York City office, and shall have such duties and authority consistent with such position as are customary for the position of a president of a company of the size and nature of the business of the Company, and agrees to serve as managing director of an officer office of any enterprise and/or agrees to be an employee the size of any Subsidiary the Company’s New York City office, and as may be requested from time to time assigned by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive OfficerCEO”). In , from time to time consistent with such capacity, the Executive shall report directly to the Chief Executive Officer of the Companypositions. The Executive shall have such duties, responsibility and authority agrees to serve as an officer and/or be an employee of any Subsidiary as may be assigned to the Executive reasonably requested from time to time by the Chief Executive OfficerCEO. In such capacities, the Board or such other officer of Executive shall report to the Company as may be designated by the Chief Executive Officer or the BoardCEO.
(b) During the Employment Term, the Executive shall, except as may from time to time otherwise be otherwise agreed to in writing by the Company, during reasonable vacations (as set forth in Section 7 hereof) and authorized leave leave, and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to the business of the Company, any Company and such duties as may be delineated in the Company’s Bylaws for the and responsibilities commensurate with Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated by the Board, or the Chief Executive Officerset forth in Section 3(a), in each case, within the framework of the Company’s policies and objectives.
(c) During the Employment Term, and provided that such activities do not contravene the provisions of Section Sections 3(a) or 3(b) or Sections 10, 11, 11 or 12 or 13 hereof and, provided further, the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs affairs, manage his personal investments, and, subject to the prior approval of the Chief Executive Officer, CEO serve as a member of the governing board of any such organization. Without the prior approval of the Board, the Executive shall not serve in any executive capacity organization or as a member of the governing board of any private or public for-profit company. The Notwithstanding the foregoing, the Executive shall promptly resign be permitted during the Employment Term to continue to perform consulting work (and retain compensation therefrom) from assignments he had commenced prior to the board of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretodate this Agreement was executed in order to finish such work as long as such work does not materially interfere with his duties hereunder.
Appears in 1 contract
Position and Duties of the Executive. (a) The Executive shall serve as an Executive Vice President and the Chief Financial Technology Officer of the Company of the Company, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such capacity, the Executive shall report directly to the Chief Executive Officer or the Chief Operating Officer of the Company. The Executive shall have perform such dutiesduties as may be delineated in the By-laws of the Company, responsibility and authority such other duties commensurate with the Executive’s title and position, as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board Officer or such other officer of the Company as may be designated by the Chief Executive Officer Officer. For purposes of this Agreement, “Subsidiary” shall mean any entity, corporation, partnership (general or limited), limited liability company, entity, firm, business organization, enterprise, association or joint venture in which the BoardCompany directly or indirectly controls ten percent (10%) or more of the voting interest.
(b) During Throughout the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, Company and during reasonable vacations (as set forth in Section 7 hereof) hereof and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c)leave, devote his best efforts, full attention and energies during his normal working time to the business of the Company, any duties as may be delineated in the Company’s Bylaws By-laws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board, any committee or person designated delegated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives.
(c) During Throughout the Employment Term, Term and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or and 13 hereof and, and provided further, further the Executive does not engage in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs and, subject to the prior approval of the Chief Executive Officer, and serve as a member of the governing board of any such organization. Without organization or of up to three (3) private or public for profit companies, subject in each case to the prior approval of the Board, the Chief Executive shall not serve in any executive capacity or as a member of the governing board of any private or public for-profit companyOfficer. The Executive may retain all fees and other compensation from any such service, and the Company shall promptly resign from not reduce his compensation by the board amount of directors of any public for-profit company on which he currently serves except for the boards set forth on Exhibit A heretosuch fees.
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