Common use of RELATIONSHIP ESTABLISHED AND DUTIES Clause in Contracts

RELATIONSHIP ESTABLISHED AND DUTIES. 1. The Bank hereby will employ the employee as President and Chief Executive Officer, to hold the title of President and Chief Executive Officer, and to perform such services and duties as the Board of Directors may, from time to time, designate during the term hereof. Subject to the terms and conditions hereof, employee will perform such duties and exercise such authority as are customarily performed and exercised by persons holding such office, subject to the general direction of the Board of Directors of the Bank, exercised in good faith in accordance with standards of reasonable business judgment.

Appears in 2 contracts

Samples: Bank Employment Agreement (Mountain Valley Bancshares Inc), Bank Employment Agreement (Mountain Valley Bancshares Inc)

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RELATIONSHIP ESTABLISHED AND DUTIES. 1. The Bank bank hereby will employ the employee as President Chairman and Chief Executive Officer, CEO to hold the title of President Chairman and Chief Executive Officer, CEO and to perform such services and duties as the Board of Directors may, from time to time, designate during the term hereof. Subject to the terms and conditions hereof, employee will perform such duties and exercise such authority as are customarily performed and exercised by persons holding person hold such office, subject to the general direction of the Board of Directors of the Bank, exercised in good faith in accordance with standards of reasonable business judgment.

Appears in 1 contract

Samples: Employment Agreement (First National Bancshares Inc/ Fl/)

RELATIONSHIP ESTABLISHED AND DUTIES. 1. The Bank hereby will employ employs the employee Executive as President and Chief Executive OfficerExecution Officer of the Bank, to hold the title of President and Chief Executive Officer, and to perform such services and duties as the Bank's Board of Directors may, from time to time, designate during the term hereof. Subject to the terms and conditions hereof, employee the Executive will perform such duties and exercise such authority as are customarily performed and exercised by persons holding such office, subject to the general direction of the Board of Directors of the BankDirectors, exercised in good faith in accordance with the standards of reasonable business judgment.

Appears in 1 contract

Samples: Employment Agreement (Lehigh Acres First National Bancshares Inc)

RELATIONSHIP ESTABLISHED AND DUTIES. 13. The Bank bank hereby will employ the employee as President and Chief Executive Officer, to hold the title of President and Chief Executive Officer, and to perform such services and duties as the Board of Directors may, from time to time, designate during the term hereof. Subject to the terms and conditions hereof, employee will perform such duties and exercise such authority as are customarily performed and exercised by persons holding person hold such office, subject to the general direction of the Board of Directors of the Bank, exercised in good faith in accordance with standards of reasonable business judgment.

Appears in 1 contract

Samples: Employment Agreement (First National Bancshares Inc/ Fl/)

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RELATIONSHIP ESTABLISHED AND DUTIES. 1. The Bank hereby will employ the employee as Executive Vice President and Chief Executive Officer- Loans, to hold the title of Executive Vice President and Chief Executive Officer, - Loans and to perform such services and duties as the CEO and Board of Directors may, from time to time, designate during the term hereof. Subject to the terms and conditions hereof, employee will perform such duties and exercise such authority as are customarily performed and exercised by persons holding such office, subject to the general direction of the Board of Directors CEO of the Bank, exercised in good faith in accordance with standards of reasonable business judgment.

Appears in 1 contract

Samples: Integrity Bank Employment Agreement (Integrity Bancshares Inc)

RELATIONSHIP ESTABLISHED AND DUTIES. 1. The Bank and the Bank Holding Company hereby will employ the employee as President and Chief Executive Officer, to hold the title of President and Chief Executive Officer, and to perform such services and duties as the Board of Directors may, from time to time, designate during the term hereof. Subject to the terms and conditions hereof, employee will perform such duties and exercise such authority as are customarily performed and exercised by persons holding such office, subject to the general direction of the Board of Directors of the Bank, exercised in good faith in accordance with standards of reasonable business judgment.

Appears in 1 contract

Samples: Employment Agreement (Integrity Bancshares Inc)

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