Retention and Duties. (a) The Company hereby engages and employs Executive for the Period of Employment on the terms and conditions expressly set forth in this Agreement. Executive hereby accepts and agrees to such engagement and employment, on the terms and conditions expressly set forth in this Agreement.
(b) During the Period of Employment, Executive shall serve as Chief Executive Officer, and shall have the powers, authorities and duties customarily vested in such office in the Company’s industry.
(c) During the Period of Employment, Executive shall (i) devote substantially all of his business time, energy and skill to the performance of his duties for the Company, (ii) perform such duties in a faithful, effective and efficient manner to the best of his abilities, and (iii) remain employed with the Company on a full-time basis. Executive agrees to perform his duties and responsibilities within, and subject to, the work hours, attendance and general employment policies and practices, and such other reasonable policies, practices and restrictions as the Company shall from time to time establish for its similarly situated executives, and shall at all times carry out such policies, practices and restrictions.
(d) Executive hereby represents to the Company that: (i) the execution and delivery of this Agreement and the performance by Executive of his duties hereunder do not and shall not constitute a breach of, conflict with, or otherwise contravene or cause a default under, the terms of any other agreement or policy to which Executive is a party or otherwise bound or any judgment, order or decree to which Executive is subject; (ii) Executive has no information relating to any other person or entity which would prevent Executive under the terms of any other agreement or arrangement from entering into this Agreement or carrying out his duties hereunder, or would give rise to a violation of such other agreement or arrangement; (iii) Executive is not bound by any employment, consulting, non-competition, confidentiality, trade secret or similar agreement (other than this Agreement) with any other person or entity which would prevent Executive under the terms of any other agreement or arrangement from entering into this Agreement or carrying out his duties hereunder, or would give rise to a violation of such other agreement or arrangement; and (iv) Executive understands the Company will rely upon the accuracy and truth of the representations and warranties of Executive set forth herei...
Retention and Duties. (a) The Company hereby engages and employs Executive for the Term (as defined in Section 2) on the terms and conditions expressly set forth in this Agreement. Executive hereby accepts and agrees to such engagement and employment, on the terms and conditions expressly set forth in this Agreement.
(b) During the Term, Executive shall serve as the President and Chief Executive Officer of the Company and shall perform such duties customarily performed by persons situated in similar executive capacities and as may from time to time be assigned to Executive by the Company’s Board of Directors (the “Board”). As President and Chief Executive Officer of the Company, Executive shall report to the Board. In addition, the Board may from time to time, in its sole discretion, assign to the Executive such other reasonable duties, authorities and responsibilities that are not inconsistent with the Executive’s position as the President and Chief Executive Officer of the Company, including without limitation, service as an officer and/or on the boards of directors and committees of one or more of the Company’s subsidiaries, in each case, without additional compensation.
(c) Executive shall be located and perform his principal duties hereunder at the Company’s principal headquarters located in Union, New Jersey. Executive acknowledges and agrees that he will be expected to relocate to the New York metropolitan area as soon as reasonably practicable following the Start Date, and in no event later than four (4) months following the Start Date. Notwithstanding the foregoing, Executive agrees and acknowledges that significant travel will be part of the performance of his services hereunder.
(d) During the Term, Executive shall devote his entire working time, attention, and energies to the Company and shall not be engaged in any other business activity, whether or not such business activity is pursued for gain, profit or other pecuniary advantage, without the prior written consent of the Board. While Executive serves as President and Chief Executive Officer of the Company, the foregoing is not intended to restrict (i) Executive’s ability to serve on the boards of civic or charitable organization, or (ii) Executive’s ability to serve on the board(s) set forth on Exhibit A attached hereto and any other board with the prior written consent of the Board (subject to compliance with the Company’s Corporate Governance Guidelines); provided, that the foregoing activities are not competit...
Retention and Duties. (a) The Company hereby agrees to engage and employ Executive for the Period of Employment (as defined in Section 2) on the terms and conditions expressly set forth in this Agreement. Executive hereby accepts and agrees to such engagement and employment, on the terms and conditions expressly set forth in this Agreement.
(b) During the Period of Employment, Executive shall serve as President and Chief Executive Officer of the Company and shall have the powers, authorities and duties customarily vested in such office in the industry of the Company and as reasonably determined by the board of directors of the Company (the “Board”) from time to time. Executive shall report directly to the Board during the Period of Employment.
(c) Executive has reviewed with the Board the present directorships, ownership interests and other positions held by Executive in all of the business organizations of Executive which may be directly competitive or directly in conflict with the Company. The Company acknowledges and agrees that while Executive will spend time at the Company and will be active in the management of the Company, Executive will not devote the full time and resources of Executive to the Company. Executive agrees to review with the Board any potential directorships, ownership interests and other positions with business organizations which may be directly competitive or directly in conflict with the Company. Executive agrees to perform Executive’s duties and responsibilities within and subject to the Company’s general employment policies and practices, and such other reasonable policies, practices and restrictions as the Company shall from time to time establish for its similarly situated executives.
Retention and Duties. (a) The Company hereby engages and employs Executive for the Interim CFO Term (as defined in Section 2) on the terms and conditions expressly set forth in this Agreement. Executive hereby accepts and agrees to such engagement and employment, on the terms and conditions expressly set forth in this Agreement.
(b) During the Interim CFO Term, Executive shall serve as the Interim Chief Financial Officer of the Company, and shall perform such duties and have such responsibilities as are consistent with such position and as may from time to time be assigned to Executive by the Company’s Chief Executive Officer (“CEO”). As Interim Chief Financial Officer of the Company, Executive shall report to the CEO. In addition, the CEO may from time to time, in his or her sole discretion, assign to Executive such other duties, authorities and responsibilities that are not inconsistent with Executive’s position as the Interim Chief Financial Officer of the Company, including without limitation, service as an officer and/or on the boards of directors and committees of one or more of the Company’s subsidiaries, in each case, without additional compensation. Exhibit 10.1 , ,
Retention and Duties. Each Club is free to retain any qualified medical professional to provide services to the Club (“Club Medi- cal Staff”). The Club Medical Staff shall not provide medical care to any player, except in emergency situations. The Club Medical Staff shall have no communication with players or the Players’ Medical Staff, except as otherwise described in this Article.
Retention and Duties. Subject to the terms and conditions expressly set forth in this Amendment, the Company does hereby agree to continue the employment of the Executive and the Executive does hereby accept and agree to this engagement and employment. Executive’s employment with the Company is “at-will” and either the Company or Executive may terminate his employment with the Company at any time for any or no reason, subject to the terms and conditions set forth in the Existing Employment Agreement as amended by this Amendment.
Retention and Duties. Subject to the terms and conditions of this Agreement, the Company hereby retains the services of Xx. Xxxxxxx as a consultant throughout the Term (as defined below), and Xx. Xxxxxxx hereby accepts such retention. During the Term, Xx. Xxxxxxx shall be charged with the duty of consulting with executives of the Company with respect to the following aspects of the Company's business: relationship with the Swiss government; international watch strategy; trademark and patent litigation issues; and other matters as deemed appropriate. All of the foregoing is to be done under the direction of the Chairman and CEO of the Company and, upon reasonable request, Xx. Xxxxxxx shall report on the steps he has taken and the progress of his performance hereunder to such individual on a regular basis. Xx. Xxxxxxx shall make himself available to perform his duties hereunder for such period of time during the Term, as such duties reasonably require.
Retention and Duties. The Company agrees to and does hereby retain the Consultant, and the Consultant agrees to and does hereby accept a full time engagement with the Company for a period of two (2) years commencing from the date of closing of the Asset Purchase Agreement hereof ("Consulting Period"); subject, however, to earlier termination pursuant to Section 5. During the Consulting Period, Consultant shall perform such duties as are from time to time delegated to her Xxxxxx or Xxxx Xxxxxx and limited to the following:
(a) To assist in the development of the annual Catalog Plan consisting of the analysis of sales patterns, product sales performance, product profitability, and identification of overall trends necessary for the merchandising and design of the Catalog.
(b) Plan and select merchandise to be featured in the Catalog; negotiation of prices, terms, and deliveries with selected vendors; completion of vendor information sheets required by the Company to conduct ongoing purchasing activity.
(c) Implement the Catalog Plan by planning, scheduling, obtaining quotations, and generally supervising activities related to the creation and production of each Catalog printing.
(d) Supervise the Catalog graphic design and layout; select models and supervise the photography of products.
(e) Scheduling the printing and production of the Catalog to completion or assist the Company in such activity should print production functions be consolidated with other Company activity. Such duties may also include, among other things, travel from time to time. During the Consulting Period, Consultant, shall devote her full time and effort for the benefit of the Company.
Retention and Duties. The Company hereby engages and employs Executive for the Term (as defined in Section 2) on the terms and conditions expressly set forth in this Agreement. Executive hereby accepts and agrees to such engagement and employment, on the terms and conditions expressly set forth in this Agreement.
Retention and Duties. The Company hereby retains the Consultant and the Consultant hereby agrees to serve as a consultant to the Company. The Consultant shall initially serve as a director of the Company and as such, Chairman of the Company's Board of Directors. In such capacity, the Consultant shall have such powers and shall perform duties and services consistent with such capacity as may be assigned or delegated to him from time-to-time by the Board of the Company. The Board of Directors of the Company shall be entitled to remove Consultant from his position as Chairman of the Company's Board of Directors at any time with or without cause (such removal shall not alter the provisions of Section 4 hereof with respect to the timing and terms by which the Company shall be entitled to terminate this Agreement.) and the Company shall not be obligated to nominate or cause the election of Consultant as a director of the Company. The Consultant shall devote such business time and attention as is agreed from time to time to the business and affairs of the Company, such time not to be less than five days per calendar month and will use his best efforts to promote the interests of the Company,
