Common use of Position Responsibilities and Duties Clause in Contracts

Position Responsibilities and Duties. During the term of this Agreement, Employee shall serve as the Bank's President and Chief Executive Officer when the Bank commences operations. In such capacity, Employee shall have the same powers, duties and responsibilities of supervision and management of the Bank usually accorded to the President and Chief Executive Officer of similar financial institutions. In addition, Employee shall use his best efforts to perform the duties and responsibilities enumerated in this Agreement and any other duties assigned to Employee by the Board and to utilize and develop contacts and customers to enhance the business of the Bank. Specifically, Employee shall devote his full business time and attention and use his best efforts to accomplish and fulfill the following duties and responsibilities, as well as other duties assigned to Employee from time to time by the Board: (i) manage all personnel of the Bank; (ii) serve as a member of the Board of Directors, if and when elected to such a position; (iii) serve on such committees of the Board as appointed to from time to time; (iv) keep the Board informed of important developments concerning the Bank, industry developments and regulatory initiatives affecting the Bank; (v) maintain adequate expense records relating to Employee's activities on the Bank's behalf; (vi) improve the profitability of the Bank in accordance with the Annual Business Plan as prepared by management and adopted by the Board; (vii) coordinate with the Bank's attorneys and accountants and other service providers to the extent necessary to further the business of the Bank, keeping in compliance with government laws and regulations and otherwise keeping the Bank in as good a financial and legal posture as possible; and (viii) conduct and undertake all other activities, responsibilities, and duties normally expected to be undertaken and accomplished by the President and Chief Executive Officer of a financial institution similar in scope and operation to our business.

Position Responsibilities and Duties. During the term of this Agreement, Employee shall serve in the following capacities and shall fulfill the following responsibilities and duties: (a) Specific Duties: Employee shall serve as the Bank's President and Chief Executive Financial Officer when or in such other position as shall be designated by the Bank commences operationsBoard of Directors in its sole discretion. In such capacity, Employee shall have the same powers, duties and responsibilities of supervision and management of the Bank usually accorded to the President and Chief Executive Officer Financial Officers of similar financial institutions. In addition, Employee shall use his her best efforts to perform the duties and responsibilities enumerated in this Agreement and any other duties assigned to Employee by the Board and to utilize and develop contacts and customers to enhance the business of the Bank. Specifically, Employee shall devote his her full business time and attention and use his her best efforts to accomplish and fulfill the following duties and responsibilities, as well as other duties assigned to Employee from time to time by the Board: (i) manage all personnel serve as the Chief Financial Officer of the Bank; (ii) serve perform such executive services for the Bank as a member of may be consistent with her titles or be assigned to her by the Board of Directors, if and when elected to such a positionBoard; (iii) serve on such committees of as appointed by the Board as appointed to from time to time; (iv) keep the other executives of the Bank and the Board informed of important developments concerning the Bank's activities, industry developments and regulatory initiatives affecting the Bank; (v) maintain adequate expense records relating to Employee's activities on behalf of the Bank's behalf; (vi) improve the profitability of the Bank in accordance with the Annual Business Plan as prepared by management and adopted by the Board; (vii) coordinate with the Bank's attorneys and accountants and other service providers executives to the extent necessary to further the business of the Bank, keeping in compliance with government laws and regulations and otherwise keeping the Bank in as good a financial and legal posture as possible; and (viiivii) conduct and undertake all other activities, responsibilities, and duties normally expected to be undertaken and accomplished by the President and a Chief Executive Financial Officer of a financial institution similar in scope and operation to our the Bank's business. (viii) any additional duties specific to Chief Financial Officer.

Position Responsibilities and Duties. During the term of this Agreement, Employee shall serve in the following capacities and shall fulfill the following responsibilities and duties: (a) SPECIFIC DUTIES: Employee shall serve as the Bank's President and Chief Executive Officer when Senior Vice President/Retail Banking, through election by the Bank commences operationsBoard. In such capacity, Employee shall have the same powers, duties and responsibilities of supervision and management of the Bank usually accorded to the President and Chief Executive Officer a Senior Vice President/Retail Banking of similar financial institutions. In addition, Employee shall use his her best efforts to perform the duties and responsibilities enumerated in this Agreement and any other duties assigned to Employee by the Board and to utilize and develop contacts and customers to enhance the business of the Bank. Specifically, Employee shall devote his her full business time and attention and use his her best efforts to accomplish and fulfill the following duties and responsibilities, as well as other duties assigned to Employee from time to time by the Board: (i) manage all personnel of the Bankmanaging Bank retail banking personnel; (ii) serve as a member of the Board of Directors, if and when elected to such a position; (iii) serve on such committees of as appointed by the Board as appointed to from time to time; (iviii) keep keeping the President of the Bank and the Board informed of important developments concerning the Bank's retail banking activities, industry developments and regulatory initiatives affecting the Bank; (viv) maintain maintaining adequate expense records relating to Employee's activities on behalf of the Bank's behalf; (v) recommend marketing efforts to increase the retail banking business of the Bank; (vi) improve the profitability of the Bank in accordance with the Annual Business Plan as prepared by management supervising all retail banking activities, including branches, branch personnel, marketing and adopted by the Boardcompliance; (vii) coordinate coordinating with the Bank's attorneys and accountants and other service providers President to the extent necessary to further the business of the Bank, keeping in compliance with government laws and regulations and otherwise keeping the Bank in as good a financial and legal posture as possible; and (viii) conduct and undertake all other activities, responsibilities, and duties normally expected to be undertaken and accomplished by the President and Chief Executive Officer a Senior Vice President/Retail Banking of a financial institution similar in scope and operation to our the Bank's business.