Common use of Service with the Company Clause in Contracts

Service with the Company. The Executive shall initially serve in the capacity of, and with the title of Chief Executive Officer and President. Executive also agrees to serve, for any period for which Executive is elected, as a director of Company; provided, however, that Executive shall not be entitled to any additional compensation for serving as a director. Executive acknowledges and agrees that, from time to time, Executive will be required to perform duties with respect to one or more of the Company’s subsidiary or affiliate companies and that Executive will not be entitled to any additional compensation for performing those duties.

Appears in 1 contract

Samples: Employment Agreement (Cyberoptics Corp)

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Service with the Company. The Executive shall initially agrees to serve in as the capacity of, President and with the title of Chief Executive Officer of the Company, and Presidenthe agrees to perform such employment duties as the Company shall assign to Executive from time to time. Executive also agrees to serve, for any period for which Executive is may be elected, as a director Director of Company; provided, however, that the Company and Executive shall not be entitled to any receive no additional compensation for serving as a director. Executive acknowledges and agrees that, from time to time, Executive will be required to perform duties with respect to one or more of the Company’s subsidiary or affiliate companies and that Executive will not be entitled to any additional compensation for performing those dutiesDirector.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement (Endocardial Solutions Inc)

Service with the Company. The Executive shall initially serve in the capacity of, ------------------------ as President and with the title of Chief Executive Officer and Presidentof the Company. The Executive also agrees to serveperform such executive employment duties for the Company consistent with such position specified above, for any period for which Executive is elected, and as a director the Chairman of Company; provided, however, that Executive The Board shall not be entitled assign to any additional compensation for serving as a director. Executive acknowledges and agrees that, him from time to time, Executive will be required to perform duties time consistent with respect to one or more of his position with the Company’s subsidiary or affiliate companies and that Executive will not be entitled to any additional compensation for performing those duties.

Appears in 1 contract

Samples: Employment Agreement (Equidyne Corp)

Service with the Company. The Executive shall initially ------------------------ serve in as President of the capacity ofCompany. The Executive agrees to perform such executive employment duties for the Company consistent with such position specified above, and with as the title Chairman of Chief The Board or The Executive Officer and President. Executive also agrees Committee shall assign to serve, for any period for which Executive is elected, as a director of Company; provided, however, that Executive shall not be entitled to any additional compensation for serving as a director. Executive acknowledges and agrees that, him from time to time, Executive will be required to perform duties time consistent with respect to one or more of his position with the Company’s subsidiary or affiliate companies and that Executive will not be entitled to any additional compensation for performing those duties.

Appears in 1 contract

Samples: Employment Agreement (American Electromedics Corp)

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Service with the Company. The Executive shall initially ------------------------ serve in as President of the capacity ofCompany. The Executive agrees to perform such executive employment duties for the Company consistent with such position, and with as the title Board of Chief Directors, the Executive Officer and President. Executive also agrees Committee or the Chairman of the Board shall assign to serve, for any period for which Executive is elected, as a director of Company; provided, however, that Executive shall not be entitled to any additional compensation for serving as a director. Executive acknowledges and agrees that, him from time to time, Executive will be required to perform duties time consistent with respect to one or more of his position with the Company’s subsidiary or affiliate companies and that Executive will not be entitled to any additional compensation for performing those duties.

Appears in 1 contract

Samples: Employment Agreement (American Electromedics Corp)

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