POSITION, DUTIES AND AUTHORITIES Sample Clauses
The "Position, Duties and Authorities" clause defines the employee's job title, core responsibilities, and the scope of their decision-making powers within the organization. It typically outlines the specific role the employee will hold, the tasks they are expected to perform, and any authority they have to act on behalf of the company, such as signing contracts or managing teams. This clause ensures both parties have a clear understanding of the employee's role and expectations, helping to prevent disputes over job scope or authority during the employment relationship.
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POSITION, DUTIES AND AUTHORITIES. (a) During the Term of Employment, the Executive shall be employed as President and Chief Operating Officer with the duties, responsibilities and authorities customarily associated with such positions for other businesses of the same size and in the same industry, together with any other duties of a senior executive nature as may be reasonably requested by the Board from time to time, which may include duties for one or more subsidiaries or affiliates of the Company. In performing the Executive’s duties under this Agreement, the Executive shall perform such duties subject to supervision and in accordance with the policies and directives established by the Board.
(b) The Executive is permitted to engage in charitable, community and business affairs, managing personal investments and serving as a member of boards of directors of industry associations or non-profit or for profit organizations and companies so long as such activities do not materially interfere, in the opinion and reasonable discretion of the Board, with the Executive carrying out his duties and responsibilities under this Agreement. Thereafter, not less often than on January 1 of each renewal year, the Executive shall disclose in writing to the Board any changes to the information with respect to involvement in such entities or organizations.
POSITION, DUTIES AND AUTHORITIES. (a) During the Term of Employment, the Executive shall be employed as Executive Vice President and Chief Operating Officer of the Company and as President and Chief Operating Officer of the Company's wholly-owned subsidiary, Rio Properties. Subject to supervision and in accordance with the policies and directives established by the Board, and subordinate to and working under the supervision of the Chief Executive Officer and President of the Company, in the case of the Company, and the Chief Executive Officer of Rio Properties, in the case of Rio Properties, Executive shall be the Chief Operating Officer of the Company and Rio Properties' day-to-day business operations, with the duties, responsibilities and authorities customarily associated with such positions. It is also the intention of the Parties that the Executive shall serve as a Director of the Company and of Rio Properties throughout the Term of Employment. The Executive shall be entitled to no additional remuneration for serving on the Board or as an officer or director of Rio Properties or any other Subsidiary.
(b) Anything herein to the contrary notwithstanding, nothing shall preclude the Executive from engaging in charitable, community and business affairs, managing his personal investments and serving as a member of boards of directors of industry associations or non-profit or for profit organizations and companies so long as such activities do not materially interfere in the opinion and sole discretion of the Chief Executive Officer of the Company with Executive's carrying out his duties and responsibilities under the Agreement. Executive shall disclose all relationships covered under this Paragraph 3(b) in the Executive's personal history disclosure form to be submitted to the Nevada Gaming Control Board in connection with Executive's required licensing and such form shall, prior to filing of such form, be submitted to the Company's Chief Executive Officer for review. Thereafter, not less often than on January 1 of each year, Executive shall disclose in writing to the Chief Executive Officer of the Company any changes to the information with respect to involvement in such entities or organizations.
POSITION, DUTIES AND AUTHORITIES. During the Term of Employment, the Executive shall be employed as the Vice President of Engineering and Manufacturing of the Company. Subject to supervision and in accordance with the policies and directives established by the Chief Executive Officer, the Executive’s duties and responsibilities shall include those duties set forth on Exhibit ‘A’, attached hereto, and such other duties, responsibilities and authorities customarily associated with such positions.
POSITION, DUTIES AND AUTHORITIES. (a) During the Term of Employment, subject to supervision and in accordance with the policies and directives established by the Board, and subordinate to and working under the supervision of the Chief Executive Officer (CEO) of the Company, the Company shall employ Executive as the CMO of the Company, with the duties, responsibilities and authorities customarily associated with such positions. The Executive shall be entitled to no additional remuneration for serving as an officer of the Company.
(b) The Executive is permitted to engage in charitable, community and business affairs, managing personal investments and serving as a member of boards of directors of industry associations or non-profit or for profit organizations and companies so long as such activities do not materially interfere, in the opinion and sole discretion of the CEO of the Company, with the Executive’s duties and responsibilities under the Agreement. Thereafter, not less often than on January 1 of each year, the Executive shall disclose in writing to the CEO of the Company any changes to the information with respect to involvement in such entities or organizations.
POSITION, DUTIES AND AUTHORITIES. (a) During the Term of Employment, the Executive shall be employed as Chief Executive Officer, Secretary and Treasurer with the duties, responsibilities and authorities customarily associated with such positions for other businesses of the same size and in the same industry, together with any other duties of a senior executive nature as may be reasonably requested by the Board from time to time, which may include duties for one or more subsidiaries or affiliates of the Company. It is contemplated that the Executive will also continue to serve as a member of the Board. In performing the Executive’s duties under this Agreement, the Executive shall perform such duties subject to supervision and in accordance with the policies and directives established by the Board.
(b) The Executive is permitted to engage in charitable, community and business affairs, managing personal investments and serving as a member of boards of directors of industry associations or non-profit or for profit organizations and companies so long as such activities do not materially interfere, in the opinion and reasonable discretion of the Board, with the Executive carrying out his duties and responsibilities under this Agreement. Thereafter, not less often than on January 1 of each renewal year, the Executive shall disclose in writing to the Board any changes to the information with respect to involvement in such entities or organizations.
POSITION, DUTIES AND AUTHORITIES. The Executive shall be employed as the Executive Chairman & Chief Executive Officer. Subject to supervision and in accordance with the policies and directives established by the Board, the Executive’s duties and responsibilities shall include those duties set forth on Exhibit ‘A’, attached hereto, and such other duties, responsibilities and authorities customarily associated with such positions.
POSITION, DUTIES AND AUTHORITIES. (a) During the Term of Employment, Executive shall be employed as Executive Vice President - Finance and Treasurer of the Company and his duties, responsibilities and authorities shall be as set forth on Exhibit A. Executive shall report directly to and be subject to supervision by the Board and the Company's Chief Executive Officer.
(b) Anything herein to the contrary notwithstanding, nothing shall preclude Executive from engaging in charitable, community and business affairs, managing his personal investments and serving as a member of boards of directors so long as such activities do not materially interfere with his carrying out his duties and responsibilities under the Agreement.
(c) During the term of Employment, Executive shall perform his services from an office in Atlantic City, New Jersey and at such other offices of the Company as may be required by his duties; provided, however, that Executive shall not be required to move his home from Hastings on ▇▇▇▇▇▇, New York.
POSITION, DUTIES AND AUTHORITIES. (a) During the Term of Employment, Executive shall be employed as Vice President - Compliance and Legal Affairs of the Company or such other more senior position as the Company may determine in its sole discretion. Executive's duties, responsibilities and authorities shall consist of those regularly rendered by a Vice President - Compliance and Legal Affairs or such other duties appropriate to any senior position within the Company in which Executive may serve during the Term of Employment, as the case may be.
(b) Anything herein to the contrary notwithstanding, nothing shall preclude Executive from engaging in charitable, community and business affairs, managing his personal investments and serving as a member of boards of directors so long as such activities do not materially interfere with his carrying out his duties and responsibilities under the Agreement.
(c) During the term of Employment, Executive shall perform his services from an office in Atlantic City, New Jersey and at such other offices of the Company as may be required by his duties; provided, however, that Executive shall not be required to move his home from Atlantic County, New Jersey.
POSITION, DUTIES AND AUTHORITIES. (a) During the Term of Employment and subject to the customary, reasonable policies and directives established by the President, the Executive shall be employed as full-time Executive Vice President, with the duties, responsibilities and authorities commensurate with such title as may be assigned from time to time by the President, subject to material changes in the Executive's responsibilities being approved by the Board of Directors of the Company. The Executive shall report to and be under the reasonable direction and control of the President of the Company.
(b) The Executive is permitted to engage in charitable and community affairs, managing personal investments and serving as a member of boards of directors of industry associations or non-profit or for profit organizations so long as such activities do not materially interfere, in the reasonable opinion of the President, with the Executive carrying out his duties and responsibilities under this Agreement. Prior to the date hereof, the Executive has disclosed to the Company in writing his current involvement in such entities or organizations. Not less often than on January 1 of each year, the Executive shall disclose in writing to the President of the Company any changes to the information with respect to involvement in such entities or organizations.
POSITION, DUTIES AND AUTHORITIES. (a) During the Term of Employment, subject to supervision and in accordance with the policies and directives established by the Board, and subordinate to and working under the supervision of the Board, the Company shall employ Executive as the CEO of the Company, with the duties, responsibilities and authorities customarily associated with such positions. The Executive shall be entitled to no additional remuneration for serving as an officer of the Company.
(b) The Executive is permitted to engage in charitable, community and business affairs, managing personal investments and serving as a member of boards of directors of industry associations or non-profit or for profit organizations and companies so long as such activities do not materially interfere, in the opinion and sole discretion of the Board, with the Executive’s duties and responsibilities under the Agreement. Thereafter, not less often than on January 1 of each year, the Executive shall disclose in writing to the Board any changes to the information with respect to involvement in such entities or organizations.