Positions; Conduct Sample Clauses
Positions; Conduct. (a) During the Term, the Executive will hold the titles and offices of, and serve in the positions of, Chairman of the Board of Directors and Chief Executive Officer of the Company and the Partnership. The Executive shall report to the Board of Directors of the Company (the “Board”), undertake the responsibilities and exercise the authority customarily performed, undertaken and exercised by persons situated in similar executive capacities, and perform such other specific duties and services (including service as an officer, director or equivalent position of any direct or indirect subsidiary without additional compensation) as the Board shall reasonably request consistent with the Executive’s positions.
(b) During the Term, the Executive agrees to devote his full business time and attention to the business and affairs of the Company and the Partnership and to faithfully and diligently perform, to the best of his ability, all of his duties and responsibilities hereunder. The Company is aware that the Executive serves as the Chairman of the Board of Directors of Interstate Hotels & Resorts, Inc. (“Interstate”) in a non-executive capacity. Nothing in this Agreement shall preclude the Executive from devoting reasonable time and attention to (i) serving, with the approval of the Board, as a director, trustee or member of any committee of any organization, (ii) engaging in charitable and community activities and (iii) managing his personal investments and affairs; provided that such activities do not involve any material conflict of interest with the interests of the Company or, individually or collectively, interfere materially with the performance by the Executive of his duties and responsibilities under this Agreement. Notwithstanding the foregoing and except as expressly provided herein, during the Term, the Executive may not accept employment with any other individual or entity, or engage in any other venture which is directly or indirectly in conflict or competition with the business of the Company or the Partnership.
(c) The Executive’s office and place of rendering his services under this Agreement shall be in the principal executive offices of the Company which shall be in the Washington, D.C. metropolitan area. Under no circumstances shall the Executive be required to relocate from the Washington, D.C. metropolitan area or provide services under this Agreement in any other location other than in connection with reasonable and customary business travel....
Positions; Conduct. (a) During the Term, the Executive will hold the title and office of, and serve in the position of, Senior Vice President, Controller of the Company. The Executive shall report to the Chief Financial Officer of the Company and shall perform such specific duties and services (including service as an officer, director or equivalent position of any direct or indirect subsidiary without additional compensation) as the Company shall reasonably request consistent with the Executive's position.
(b) During the Term, the Executive agrees to devote his full business time and attention to the business and affairs of the Company and to faithfully and diligently perform, to the best of his ability, all of his duties and responsibilities hereunder. Nothing in this Agreement shall preclude the Executive from devoting reasonable time and attention to the following (the "Exempted Activities"): (i) serving, with the approval of the Chief Financial Officer of the Company, as an officer, director, trustee or member of any organization, (ii) engaging in charitable and community activities and (iii) managing his personal investments and affairs. In no event shall the Exempted Activities involve any material conflict of interest with the interests of the Company or, individually or collectively, interfere materially with the performance by the Executive of his duties and responsibilities under this Agreement.
(c) The Executive's office and place of rendering his services under this Agreement shall be in the principal executive offices of the Company. During the Term, the Company shall provide the Executive with executive office space, and administrative and secretarial assistance and other support services consistent with his positions and with his duties and responsibilities hereunder.
Positions; Conduct. (a) During the Term, the Executive will hold the title and office of, and serve in the position of Chief Executive Officer of the Company and the LLC. The Executive shall undertake the responsibilities and exercise the authority customarily performed, undertaken and exercised by persons situated in a similar executive capacity, and shall perform such other specific duties and services (including service as an officer, director or equivalent position of any direct or indirect subsidiary without additional compensation) as they shall reasonably request consistent with the Executive’s positions.
(b) During the Term, the Executive agrees to devote his full business time and attention to the business and affairs of the Company and the LLC and to faithfully and diligently perform, to the best of his ability, all of his duties and responsibilities hereunder. Nothing in this Agreement shall preclude the Executive from devoting reasonable time and attention to (i) serving, with the approval of the Board, as a director, trustee or member of any committee of any organization, (ii) engaging in charitable and community activities and (iii) managing his personal investments and affairs; provided that such activities do not involve any material conflict of interest with the interests of the Company or, individually or collectively, interfere materially with the performance by the Executive of his duties and responsibilities under this Agreement. Notwithstanding the foregoing and except as expressly provided herein, during the Term, the Executive may not accept employment with any other individual or entity, or engage in any other venture which is directly or indirectly in conflict or competition with the business of the Company or the LLC.
(c) The Executive’s office and place of rendering his services under this Agreement shall be in the principal executive offices of the Company which shall be in the Washington, D.C. metropolitan area; provided that Executive may render his services on a periodic basis out of the Company’s offices in Dallas, Texas. During the Term, the Company shall provide the Executive with executive office space, and administrative and secretarial assistance and other support services consistent with his position as Chief Executive Officer and with his duties and responsibilities hereunder.
Positions; Conduct. (a) During the Term, the Executive will hold the title and office of, and serve in the position of, Executive Vice President, Acquisitions and Development of the Company. The Executive shall report to the Chief Executive Officer of the Company and shall perform such specific duties and services (including service as an officer, director or equivalent position of any direct or indirect subsidiary without additional compensation) as the Company shall from time to time reasonably request consistent with the Executive’s position.
(b) During the Term, the Executive agrees to devote his full business time and attention to the business and affairs of the Company and to faithfully and diligently perform, to the best of his ability, all of his duties and responsibilities hereunder. Nothing in this Agreement shall preclude the Executive from devoting reasonable time and attention to the following (the “Exempted Activities”): (i) serving as an officer, director, trustee or member of any organization, (ii) engaging in charitable and community activities and (iii) managing his personal investments and affairs. In no event shall the Exempted Activities involve any material conflict of interest with the interests of the Company or, individually or collectively, interfere materially with the performance by the Executive of his duties and responsibilities under this Agreement. The Company and Executive specifically agree that Executive’s oversight of the operations and management of the Yogo Inn in Lewistown, Montana (the “Yogo Inn”) shall constitute an Exempted Activity so long as such oversight does not interfere with Executive’s duties and responsibilities hereunder.
(c) The Executive’s office and place of rendering his services under this Agreement shall be in the principal executive offices of the Company. During the Term, the Company shall provide the Executive with executive office space, and administrative and secretarial assistance and other support services consistent with his positions and with his duties and responsibilities hereunder.
Positions; Conduct. (a) During the Term, the Executive will hold the titles and offices of, and serve in the positions of, Vice
Positions; Conduct. (a) During the Term, the Executive will hold the title and office of, and serve in the position of Chief Financial Officer of the Company and the LLC. The Executive shall undertake the responsibilities and exercise the authority customarily performed, undertaken and exercised by persons situated in a similar executive capacity, and shall perform such other specific duties and services (including service as an officer, director or equivalent position of any direct or indirect subsidiary without additional compensation) as they shall reasonably request consistent with the Executive’s position.
(b) During the Term, the Executive agrees to devote his full business time and attention to the business and affairs of the Company and the LLC and to faithfully and diligently perform, to the best of his ability, all of his duties and
Positions; Conduct. (a) The Executive will hold the title and office in the Company of Executive Vice President. The Executive will also hold the title of President within the Division and shall report to such person as shall be directed, from time to time, by the Board of Directors of the Company (the "Board"). The Executive shall be responsible for the expansion of the business of the Company into additional cities, both in the United States and abroad, and such other activities as the Board shall direct from time to time, and shall perform such other specific duties and services (including service as an officer, director or equivalent position of any direct or indirect subsidiary without additional compensation) as the Board shall reasonably request.
(b) During the Term, the Executive agrees to devote his full business time and attention to the business and affairs of the Company and to faithfully and diligently perform, to the best of his ability, all of his duties and responsibilities hereunder.
(c) It is intended that the Executive's office and place of rendering his services under this Agreement shall be in the principal executive offices of the Company in Washington, D.C. and that Executive shall relocate to such area as soon as practical. The Executive acknowledges that, due to the nature of his position, he may be required to engage in substantial business travel. In connection with the Executive's relocation from Ontario, Canada to Washington, D.C. the Company and the Executive have agreed to the relocation reimbursements set forth on Schedule A attached hereto.