Common use of Position Duties and Location Clause in Contracts

Position Duties and Location. Executive shall continue to serve as Senior Vice President, Global Regulatory Affairs, reporting to the Company’s Chief Executive Officer (“CEO”). Executive shall perform those duties and responsibilities as are customary for such position and as may be directed by the Company and the Board from time to time. During Executive’s employment with the Company, Executive shall devote Executive’s best efforts and substantially all of Executive’s business time and attention to the business of the Company, except for approved vacation periods and reasonable periods of illness or other incapacities permitted by the Company’s general employment policies. Executive’s primary office location will be the Company’s offices in New York, New York. Notwithstanding the foregoing, the Company reserves the right to reasonably require Executive to perform Executive’s duties at places other than Executive’s primary office location from time to time, and to require reasonable business travel. During Executive’s employment with the Company, Executive shall not engage in any activity that conflicts with or is detrimental to the Company’s best interests, as determined by the CEO. Provided that Executive obtains the CEO’s prior written consent for each of the following activities, which consent shall not be unreasonably withheld, and that none of the following activities involve activities in the area of neurology, detract from Ovid’s reputation, impact Executive’s full time duties to the Company, or could reasonably result in the disclosure or use of the Company’s proprietary or confidential information, Executive may serve as a board or committee member, advisor or consultant (the “Activities”). The CEO may rescind the CEO’s consent to Executive’s participation in the Activities, or participation in other business or public activities, if the CEO, in the CEO’s sole discretion, determines that such activities compromise or threaten to compromise the Company’s business interests or conflict with Executive’s duties to the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Ovid Therapeutics Inc.)

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Position Duties and Location. Executive shall continue to serve as Senior Vice President, Global Regulatory Affairs, President and Chief Medical Officer reporting to the Company’s Chief Executive Officer (“CEO”). Executive shall perform those duties and responsibilities as are customary for such position and as may be directed by the Company and the Board from time to time. Executive is expected to attend and participate in Board of Director or any appropriate Board Committee meetings unless CEO determines otherwise. During Executive’s employment with the Company, Executive shall devote Executive’s best efforts and substantially all of Executive’s business time and attention to the business of the Company, except for approved vacation periods and reasonable periods of illness or other incapacities permitted by the Company’s general employment policies. Executive’s primary office location will be the Company’s offices in New York, New York. Notwithstanding the foregoing, the Company reserves the right to reasonably require Executive to perform Executive’s duties at places other than Executive’s primary office location from time to time, and to require reasonable business travel. During Executive’s employment with the Company, Executive shall not engage in any activity that conflicts with or is detrimental to the Company’s best interests, as determined by the CEO. Provided Executive may participate in side activities such as board or committee member, advisor or consultant (the “Activities”), provided that Executive obtains the CEO’s prior written consent for each of the following activities, which consent shall not be unreasonably withheld, and that none of the following activities involve activities in the area of neurology, detract from Ovid’s reputation, impact Executive’s full time duties to the Company, or could reasonably result in the disclosure or use of the Company’s proprietary or confidential information, Executive may serve as a board or committee member, advisor or consultant (the “Activities”). The CEO may rescind the CEO’s consent to Executive’s participation in the Activities, or participation in other business or public activities, if the CEO, in the CEO’s sole discretion, determines that such activities compromise or threaten to compromise the Company’s business interests or conflict with Executive’s duties to the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Ovid Therapeutics Inc.)

Position Duties and Location. Executive shall continue to initially serve as Senior Vice PresidentGeneral Counsel, Global Regulatory Affairs, Corporate Secretary and Chief Compliance Officer reporting to the Company’s Chief Executive Officer (“CEO”)Officer. Executive shall perform those duties and responsibilities as are customary for such position and as may be directed by the Company and the Board from time to time. During Executive’s employment with the Company, Executive shall devote Executive’s best efforts and substantially all of Executive’s business time and attention to the business of the Company, except for approved vacation periods and reasonable periods of illness or other incapacities permitted by the Company’s general employment policies. Executive’s primary office location will be the Company’s offices in New YorkYork City, New YorkNY. Notwithstanding the foregoing, the Company reserves the right to reasonably require Executive to perform Executive’s duties at places other than Executive’s primary office location from time to time, and to require reasonable business travel. During Executive’s employment with the Company, Executive shall not engage in any activity that conflicts with or is detrimental to the Company’s best interests, as determined by the CEO. Provided Executive may participate as in side activities such as board or committee member, advisor or consultant (the “Activities”), provided that Executive obtains the CEOtheir manager’s prior written consent for each of the following activities, which consent shall not be unreasonably withheldconsent, and that none of the following activities involve activities in the area of neurology, detract from Ovid’s reputation, impact Executive’s full time duties to the Company, or could reasonably result in the disclosure or use of the Company’s proprietary or confidential information, Executive may serve as a board or committee member, advisor or consultant (the “Activities”). The CEO manager may rescind the CEO’s their consent to Executive’s participation in the Activities, or participation in other business or public activities, if the CEOmanager, in the CEO’s their 148402431 v2 1946726.1 00000-0000-000 1946726.1 00000-0000-000 sole discretion, determines that such activities compromise or threaten to compromise the Company’s business interests or conflict with Executive’s duties to the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Ovid Therapeutics Inc.)

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Position Duties and Location. Executive shall continue to serve as Senior Vice President, Global Regulatory AffairsChief Medical and Portfolio Management Officer, reporting to the Company’s Chief Executive Officer (“CEO”). Executive shall perform those duties and responsibilities as are customary for such position and as may be directed by the Company and the Board from time to time. During Executive’s employment with the Company, Executive shall devote Executive’s best efforts and substantially all of Executive’s business time and attention to the business of the Company, except for approved vacation periods and reasonable periods of illness or other incapacities permitted by the Company’s general employment policies. Executive’s primary office location will be the Company’s offices in New York, New York. Notwithstanding the foregoing, the Company reserves the right to reasonably require Executive to perform Executive’s duties at places other than Executive’s primary office location from time to time, and to require reasonable business travel. During Executive’s employment with the Company, Executive shall not engage in any activity that conflicts with or is detrimental to the Company’s best interests, as determined by the CEO. Provided that Executive obtains the CEO’s prior written consent for each of the following activities, which consent shall not be unreasonably withheld, and that none of the following activities involve activities in the area of neurology, detract from Ovid’s reputation, impact Executive’s full time duties to the Company, or could reasonably result in the disclosure or use of the Company’s proprietary or confidential information, Executive may serve as a board or committee member, advisor or consultant (the “Activities”). The CEO may rescind the CEO’s consent to Executive’s participation in the Activities, or participation in other business or public activities, if the CEO, in the CEO’s sole discretion, determines that such activities compromise or threaten to compromise the Company’s business interests or conflict with Executive’s duties to the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Ovid Therapeutics Inc.)

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