Principal Duties. Executive's employment hereunder shall be in the capacity of Vice President South American Operations. In such capacity, Executive shall perform the duties for which he currently is responsible as an executive officer of Company. Executive shall perform his duties hereunder in accordance with any lawful instructions, rules, regulations or policies made or adopted by Company's Board of Directors, including those applicable to Company's Executives generally, provided that Executive shall not have his duties, authority, areas of responsibility, offices, immediate or support staff reduced or eliminated during the Employment Period. During the Employment Period, Executive shall devote his full time, and best efforts and skills to the business and interests of Company, do his utmost to further enhance and develop Company's best interests and welfare, and endeavor to improve his ability and knowledge of Company's business, particularly as it relates to his duties hereunder, in an effort to increase the value of his services for the mutual benefit of the parties hereto. During the Employment Period, it shall not be a violation of this Agreement for Executive to (a) serve on corporate, civic, or charitable boards or committees (except for Boards or committees of a Competing Business (as defined in Section 4.1)), (b) deliver lectures, fulfill teaching or
Appears in 1 contract
Samples: Executive Employment Agreement (Dailey Petroleum Services Corp)
Principal Duties. Executive's employment hereunder shall be in the capacity of Senior Vice President South American Operations- Finance and Treasurer. In such capacity, Executive shall perform the duties for which he currently is responsible as an executive officer of Company. Executive shall perform 2 his duties hereunder in accordance with any lawful instructions, rules, regulations or policies made or adopted by Company's Board of Directors, including those applicable to Company's Executives generally, provided that Executive shall not have his duties, authority, areas of responsibility, offices, immediate or support staff reduced or eliminated during the Employment Period. During the Employment Period, Executive shall devote his full time, and best efforts and skills to the business and interests of Company, do his utmost to further enhance and develop Company's best interests and welfare, and endeavor to improve his ability and knowledge of Company's business, particularly as it relates to his duties hereunder, in an effort to increase the value of his services for the mutual benefit of the parties hereto. During the Employment Period, it shall not be a violation of this Agreement for Executive to (a) serve on corporate, civic, or charitable boards or committees (except for Boards or committees of a Competing Business (as defined in Section 4.1)), (b) deliver lectures, fulfill teaching oror speaking engagements, (c) manage personal investments, so long as such activities do not materially interfere with performance of Executive's responsibilities under this Agreement.
Appears in 1 contract
Samples: Executive Employment Agreement (Dailey Petroleum Services Corp)
Principal Duties. Executive's employment hereunder shall be in the capacity of Vice President South American Operationsand Chief Executive Officer. In such capacity, Executive shall perform the duties for which he currently is responsible as an executive officer of Company. Executive shall perform his 2 duties hereunder in accordance with any lawful instructions, rules, regulations or policies made or adopted by Company's Board of Directors, including those applicable to Company's Executives generally, provided that Executive shall not have his duties, authority, areas of responsibility, offices, immediate or support staff reduced or eliminated during the Employment Period. During the Employment Period, Executive shall devote his full time, and best efforts and skills to the business and interests of Company, do his utmost to further enhance and develop Company's best interests and welfare, and endeavor to improve his ability and knowledge of Company's business, particularly as it relates to his duties hereunder, in an effort to increase the value of his services for the mutual benefit of the parties hereto. During the Employment Period, it shall not be a violation of this Agreement for Executive to (a) serve on corporate, civic, or charitable boards or committees (except for Boards or committees of a Competing Business (as defined in Section 4.1)), (b) deliver lectures, fulfill teaching oror speaking engagements, (c) manage personal investments, so long as such activities do not materially interfere with performance of Executive's responsibilities under this Agreement.
Appears in 1 contract
Samples: Executive Employment Agreement (Dailey Petroleum Services Corp)
Principal Duties. Executive's employment hereunder shall be in the capacity of Vice President South American OperationsPresident, Eastern Hemisphere. In such capacity, Executive shall perform the duties for which he 2 currently is responsible as an executive officer of Company. Executive shall perform his duties hereunder in accordance with any lawful instructions, rules, regulations or policies made or adopted by Company's Board of Directors, including those applicable to Company's Executives generally, provided that Executive shall not have his duties, authority, areas of responsibility, offices, immediate or support staff reduced or eliminated during the Employment Period. During the Employment Period, Executive shall devote his full time, and best efforts and skills to the business and interests of Company, do his utmost to further enhance and develop Company's best interests and welfare, and endeavor to improve his ability and knowledge of Company's business, particularly as it relates to his duties hereunder, in an effort to increase the value of his services for the mutual benefit of the parties hereto. During the Employment Period, it shall not be a violation of this Agreement for Executive to (a) serve on corporate, civic, or charitable boards or committees (except for Boards or committees of a Competing Business (as defined in Section 4.1)), (b) deliver lectures, fulfill teaching oror speaking engagements, (c) manage personal investments, so long as such activities do not materially interfere with performance of Executive's responsibilities under this Agreement.
Appears in 1 contract
Samples: Executive Employment Agreement (Dailey Petroleum Services Corp)
Principal Duties. Executive's employment hereunder shall be in the capacity of Senior Vice President South American OperationsPresident, General Counsel and Secretary. In such capacity, Executive shall perform the duties for which he currently is responsible as an executive officer of Company. Executive shall perform his duties hereunder in accordance with any lawful instructions, rules, regulations or policies made or adopted by Company's Board of Directors, including those applicable to Company's Executives generally, provided that Executive shall not have his duties, authority, areas of responsibility, offices, immediate or support staff reduced or eliminated during the Employment Period. During the Employment Period, Executive shall devote his full time, and best efforts and skills to the business and interests of Company, do his utmost to further enhance and develop Company's best interests and welfare, and endeavor to improve his ability and knowledge of Company's business, particularly as it relates to his duties hereunder, in an effort to increase the value of his services for the mutual benefit of the parties hereto. During the Employment Period, it shall not be a violation of this Agreement for Executive to (a) serve on corporate, civic, or charitable boards or committees (except for Boards or committees of a Competing Business (as defined in Section 4.1)), (b) deliver lectures, fulfill teaching oror speaking engagements, (c) manage personal investments, so long as such activities do not materially interfere with performance of Executive's responsibilities under this Agreement.
Appears in 1 contract
Samples: Executive Employment Agreement (Dailey Petroleum Services Corp)