Positions with the Company Sample Clauses
The "Positions with the Company" clause defines the specific roles or titles an individual will hold within the organization. It typically outlines the employee's job title, reporting structure, and may include a brief description of duties or responsibilities. This clause ensures both parties have a clear understanding of the employee's position and expectations, helping to prevent misunderstandings about job scope or authority within the company.
Positions with the Company. During the term of this Agreement, you will serve as Chief Executive Officer of the Company. You will faithfully and diligently perform all duties commensurate with these positions, including those duties directed by the Company's Board of Directors (the "Board"), as well as those set forth in the Company's Bylaws that relate to such positions. You will report directly to the Board. In the event that you cease to be employed as Chief Executive Officer of the Company, you agree that you will resign as a director of the Company and each of its subsidiaries at the request of a majority of the Board (except you).
Positions with the Company. The Employee currently holds the offices of Senior Vice President, Science and Technology and Chief Scientific Officer of the Company. The Employee hereby resigns, effective as of the Effective Date, from the office of Senior Vice President, Science and Technology. As of the Effective Date, the Employee shall continue in the position of Chief Scientific Officer of the Company, and shall hold that position until December 31, 2007. From January 1, 2008 until the end of the Term, the Employee shall be a Scientific Advisor to the Company.
Positions with the Company. During the term of this Agreement, you will serve as Chairman of the Board of the Company. You will faithfully and diligently perform all duties commensurate with these positions, including those duties directed by the Board of Directors of the Company (the "Board"), as well as those set forth in the Bylaws of the Company that relate to such position. Upon any termination of your employment, you will be deemed to resign as a director and Chairman of the Board, unless the Board determines otherwise at such time.
Positions with the Company. During the term and extension of the term of this Agreement, you will serve as Chief Executive Officer and President of the Company. You will faithfully and diligently perform all duties directed by the Board of Directors of the Company (the "Board"), as well as those set forth in the Bylaws of the Company that relate to such positions. You will report directly to the Board.
Positions with the Company. (a) CESSATION AS CEO. Effective on consummation of the Merger, McCashin shall cease to serve as the Chief Executive Officer of the C▇▇▇▇▇▇.