Position Duties; Commitment Sample Clauses
The "Position Duties; Commitment" clause defines the employee's responsibilities and the expected level of dedication to their role within the organization. It typically outlines the specific tasks, functions, or objectives the employee is required to perform, and may state that the employee must devote their full working time and attention to the employer's business. This clause ensures that both parties have a clear understanding of job expectations and helps prevent conflicts arising from outside employment or insufficient commitment to the position.
Position Duties; Commitment. During the Employment Period, you will be employed by the Company as its Chief Business Offer. You will report to the Company’s President and Chief Executive Officer (“CEO”), and shall perform such duties consistent with your position as Chief Business Officer and as may be assigned to you by the CEO and/or the Board of Directors of the Company (the “Board”). You agree to devote substantially all of your working time, attention and energies to the Company and its Affiliates, and while you remain employed, not to engage in any other business activity that is in conflict with your duties and obligations to the Company; provided, however, that, for the avoidance of doubt, you may (i) manage your passive personal investments, (ii) with advance written approval from the Company, serve on industry, trade, civic, charitable or non-profit corporate boards or committees, and (iii) with the advance written approval of the Company, serve on outside for-profit corporate boards or committees. For purposes of this Agreement, the term “Affiliates” means all persons and entities directly or indirectly controlling, controlled by or under common control with the Company, where control may be by management authority or equity interest.
Position Duties; Commitment. During the Employment Period, you will be employed by the Company as its Chief Executive Officer. You will report to the board of directors of the Company (the “Board”), and shall perform such duties consistent with your position as Chief Executive Officer and as may be assigned to you by the Board. During the Employment Period, the Company shall nominate you for election as a member of the Board at each meeting of the Company’s shareholders at which your election is subject to a vote by the Company’s shareholders and recommend that the shareholders of the Company vote to elect you as a member of the Board. To the extent so elected, you agree to serve on the Board without additional compensation. From time to time, you also may be designated to such offices within the Company or its subsidiaries as may be necessary or appropriate for the convenience of the businesses of the Company and its subsidiaries, and you agree to serve in such offices without additional compensation. You agree to devote substantially all of your working time, attention and energies to the Company and its Affiliates, and while you remain employed, not to engage in any other business activity that is in conflict with your duties and obligations to the Company; provided, however, that, for the avoidance of doubt, you may (i) manage your passive personal investments, (ii) serve on industry, trade, civic, charitable or non-profit corporate boards or committees, and (iii) with the advance written consent of the Board, serve on outside for-profit corporate boards or committees. For purposes of this Agreement, the term “Affiliates” means all persons and entities directly or indirectly controlling, controlled by or under common control with the Company, where control may be by management authority or equity interest.
Position Duties; Commitment. During the Employment Period, you will be employed by the Company as its Vice President of Finance and Chief Accounting Officer. You will report to the Company’s Chief Financial Officer (“CFO”), and shall perform such duties consistent with your position as Chief Accounting Officer and as may be assigned to you by the CFO, Chief Executive Officer and/or the Board of Directors of the Company (the “Board”). You agree to devote substantially all of your working time, attention and energies to the Company and its Affiliates, and while you remain employed, not to engage in any other business activity that is in conflict with your duties and obligations to the Company; provided, however, that, for the avoidance of doubt, you may (i) manage your passive personal investments, (ii) with advance written approval from the Company, serve on industry, trade, civic, charitable or non-profit corporate boards or committees, and (iii) with the advance written approval of the Company, serve on outside for-profit corporate boards or committees. For purposes of this Agreement, the term “Affiliates” means all persons and entities directly or indirectly controlling, controlled by or under common control with the Company, where control may be by management authority or equity interest.
Position Duties; Commitment. During the Employment Period, you will be employed by the Company as its President. You will report to the Company’s Chief Executive Officer (“CEO”), and shall perform such duties consistent with your position as President and as may be assigned to you by the CEO and/or the Board of Directors of the Company (the “Board”). On or around the one-year anniversary of the Effective Date, the Board will advise you of any actual or anticipated increased modifications or changes to your duties and/or title. You agree to devote substantially all of your working time, attention and energies to the Company and its Affiliates, and while you remain employed, not to engage in any other business activity that is in conflict with your duties and obligations to the Company; provided, however, that, for the avoidance of doubt, you may (i) manage your passive personal investments, (ii) with advance written approval from the Company, serve on industry, trade, civic, charitable or non-profit corporate boards or committees, and (iii) with the advance written approval of the Company, serve on outside for-profit corporate boards or committees. For purposes of this Agreement, the term “Affiliates” means all persons and entities directly or indirectly controlling, controlled by or under common control with the Company, where control may be by management authority or equity interest.
Position Duties; Commitment. Beginning October 11th , 2021, you will be employed as Senior Vice President and Chief Financial Officer of the Company, and shall perform such duties consistent with your position Senior Vice President and Chief Financial Officer and as may be assigned to you by the President of the Company and/or the Board of Directors of the Company (the “Board”). Upon consultation with the you and subject to your prior agreement (not to be unreasonably withheld or delayed), the Company may: (i) require you to act as officer, director or in any other corporate function within the Company, its parent, or in direct or indirect subsidiaries, shareholders or other companies associated with the Company (the “Affiliates”, the Company and the Affiliates together the “Group”), (ii) assign to you any additional or new duties or responsibilities as deemed reasonable or appropriate by the Company in the course and fulfilment of its business. You agree to devote substantially all of your working time, attention and energies to the Group, and while you remain employed, not to engage in any other business activity that is in conflict with your duties and obligations to the Group; provided, however, that, for the avoidance of doubt, you may (i) manage your passive personal investments, (ii) with advance written approval from the Company, serve on industry, trade, civic, charitable or non-profit corporate boards or committees, and (iii) with the advance written approval of the Company, serve on outside for-profit corporate boards or committees.
Position Duties; Commitment. Employee shall be employed as a Managing Director and sole Chief Investment Officer of Employer. In that capacity, Employee shall have the responsibilities and duties assigned by Employer and shall act only within the scope of the authority granted. Employee agrees to devote Employee’s full time and best efforts to the performance of his duties to Employer while employed by Employer. Employee will comply with all lawful policies and procedures established by Employer from time to time. Employee shall not engage in any activities that conflict with, or create an appearance of conflict with regard to, the interests of Employer or any of the members of the GCM Group (as defined in §8 below).