Role of the General Manager. (a) Xxxxxxx X. Xxxxxx or any subsequent General Manager of DEALER approved by DISTRIBUTOR, will serve exclusively as General Manager of DEALER on a full time basis and will not have any management responsibilities with respect to any other dealership or other business or appear as the General Manager on any automobile dealership franchise agreement other than that of DEALER. (b) The General Manager will have responsibility for and authority with respect to the day-to-day operations of DEALER in the ordinary course Of business, under the supervision of the FAA Executive, and the General Manager will have the following authority, without the need for obtaining the prior approval of any other individual or entity: (i) the authority to hire or terminate any employee of DEALER; (ii) the authority to order vehicles and other products; (iii) the authority to place advertising; (iv) the authority to communicate with DISTRIBUTOR with respect to all aspects of the business of DEALER; (v) the authority to approve expenditures by DEALER in the ordinary course of business in amounts of less than $50,000 per item; (vi) the authority to approve capital improvements or modifications to the DEALER'S facilities in amounts not to exceed $100,000 with respect to any expenditure.
Appears in 2 contracts
Samples: Agreement (Firstamerica Automotive Inc /De/), Dealer Agreement (Firstamerica Automotive Inc /De/)
Role of the General Manager. (a) Xxxxxxx X. Xxxxxx or any subsequent General Manager of DEALER approved by DISTRIBUTOR, will serve exclusively as General Manager of DEALER on a full time basis and will not have any management responsibilities with respect to any other dealership or other business or appear as the General Manager on any automobile dealership franchise agreement other than that of DEALER.
(b) The General Manager will have responsibility for and authority with respect to the day-to-day operations of DEALER in the ordinary course Of of business, under the supervision of the FAA Executive, and the General Manager will have the following authority, without the need for obtaining the prior approval of any other individual or entity:
(i) the authority to hire or terminate any employee of DEALER;
(ii) the authority to order vehicles and other products;
(iii) the authority to place advertising;
(iv) the authority to communicate with DISTRIBUTOR with respect to all aspects of the business of DEALER;
(v) the authority to approve expenditures by DEALER in the ordinary course of business in amounts of less than $50,000 per item;
(vi) the authority to approve capital improvements or modifications to the DEALER'S facilities in amounts not to exceed $100,000 with respect to any expenditure.
Appears in 1 contract
Samples: Dealer Agreement (Firstamerica Automotive Inc /De/)
Role of the General Manager. (a) H. Xxxxxxx X. Xxxxxx or any subsequent General Manager of DEALER approved by DISTRIBUTOR, will serve exclusively as General Manager of DEALER on a full time basis and will not have any management responsibilities with respect to any other dealership or other business or appear as the General Manager on any automobile dealership franchise agreement other than that of DEALER.
(b) The General Manager will have responsibility for and authority with respect to the day-to-day operations of DEALER in the ordinary course Of of business, under the supervision of the FAA Executive, and the General Manager will have the following authority, without the need for obtaining the prior approval of any other individual or entity:
(i) the authority to hire or terminate any employee of DEALER;
(ii) the authority to order vehicles and other products;
(iii) the authority to place advertising;
(iv) the authority to communicate with DISTRIBUTOR with respect to all aspects of the business of DEALER;
(v) the authority to approve expenditures by DEALER in the ordinary course of business in amounts of less than $50,000 per item;
(vi) the authority to approve capital improvements or modifications to the DEALER'S facilities in amounts not to exceed $100,000 with respect to any expenditure.
Appears in 1 contract
Samples: Toyota Dealer Agreement (Firstamerica Automotive Inc /De/)
Role of the General Manager. (a) Xxxxxx X. Xxxxxxx X. Xxxxxx or any subsequent General Manager of DEALER ----------------- approved by DISTRIBUTOR, will serve exclusively as General Manager of DEALER on a full time basis and will not have any management responsibilities with respect to any other dealership or other business or appear as the General Manager on any automobile dealership franchise agreement other than that of DEALER.
(b) The General Manager will have responsibility for and authority with respect to the day-to-day operations of DEALER in the ordinary course Of of business, under the supervision of the FAA FirstAmerica Executive, and the General Manager will have the following authority, without the need for obtaining the prior approval of any other individual or entity:
(i) the authority to hire or terminate any employee of DEALER;.
(ii) the authority to order vehicles and other products;.
(iii) the authority to place advertising;.
(iv) the authority to communicate with DISTRIBUTOR with respect to all aspects of the business of DEALER;.
(v) the authority to approve expenditures by DEALER in the ordinary course of business in amounts of less than $50,000 per item;.
(vi) the authority to approve capital improvements or modifications to the DEALER'S 's facilities in amounts not to exceed $100,000 15,000 with respect to any expenditure.
Appears in 1 contract
Samples: Dealer Agreement (Firstamerica Automotive Inc /De/)
Role of the General Manager. (a) Xxxxxxx Xxxx X. Xxxxxx or any subsequent General Manager of DEALER approved by DISTRIBUTOR, will serve exclusively as General Manager of DEALER on a full time basis and will not have any management responsibilities with respect to any other dealership or other business or appear as the General Manager on any automobile dealership franchise agreement other than that of DEALER.
(b) The General Manager will have responsibility for and authority with respect to the day-to-day operations of DEALER in the ordinary course Of of business, under the supervision of the FAA Executive, and the General Manager will have the following authority, without the need for obtaining the prior approval of any other individual or entity:
(i) the authority to hire or terminate any employee of DEALER;
(ii) the authority to order vehicles and other products;
(iii) the authority to place advertising;
(iv) the authority to communicate with DISTRIBUTOR with respect to all aspects of the business of DEALER;
(v) the authority to approve expenditures by DEALER in the ordinary course of business in amounts of less than $50,000 per item;
(vi) the authority to approve capital improvements or modifications to the DEALER'S facilities in amounts not to exceed $100,000 with respect to any expenditure.
Appears in 1 contract
Samples: Dealer Agreement (Firstamerica Automotive Inc /De/)