Services, Duties and Responsibilities. 1. Eastland will faithfully and to the best of his ability serve the company in his capacity as its President and Chief Executive Officer, subject to the policy direction of the Board of Directors of the Company. Eastland shall perform such services and duties as are customarily performed by one holding the position of President and Chief Executive Officer of a public corporation. 2. As President and Chief Executive Officer, Eastland shall be responsible for the overall management of the Company’s business. Eastland will devote his full time, energy and skill during regular business hours to his employment with the Company. Such duties shall be rendered at Eagle, Idaho, and at such other place or places as the Company shall in good faith require or as interests, needs, business or opportunity of the Company shall require. While occupying the office of President and Chief Executive Officer, and as a member of the Board of Directors, Eastland shall be willing to occupy the office of Chairman of the Board of Directors and shall be willing to serve as Chairman of the Executive Committee of the Board of Directors. Eastland shall be responsible on a continuing basis for the development, implementation and maintenance of a business plan for the corporation and all activities defined therein. He shall be responsible for coordination of efforts of the corporate and subsidiary officers and management teams and their respective staffs and for the maximization of corporate performance and overall profitability of the corporation and its respective subsidiaries; conditioned, however, upon the Company’s providing sufficient funds for Eastland to so manage and regulate the Company. 3. Eastland shall be responsible for reporting in writing to the Board of Directors on a regular basis. 4. As Chief Executive Officer, Eastland shall be responsible for the development, coordination and execution of all aspects of the operation as directed by the Board of Directors. Subject to the Company’s continuing ability to pay Eastland’s salary on a regular basis as hereinafter provided, Eastland will devote his full time, energy and skill during regular business hours to providing the services and carrying out the duties and responsibilities of his employment with the Company. Such duties shall be rendered at the principal place of business of the Company and at such other places as the Company shall in good faith require or as interests, needs, business or opportunity of the Company shall require. 5. Eastland shall not directly or indirectly represent or be engaged by or be an employee of any other person, firm or corporation or be engaged for his services as an officer, general manager or consultant in any other business or enterprise while he is in the employ of the Company, unless specifically authorized to do so. It is understood, however, that the foregoing in no way prevents Eastland from owning stock or having an economic interest in other businesses or enterprises. Furthermore, Eastland may serve on the board of directors of other companies so long as such service does not conflict with his interest in and duties of the Company. Also, he may hold the position of corporate officer in any family or personal investment business so long as it does not conflict with his interest in and duties to the Company.
Appears in 1 contract
Samples: Employment Agreement (Great American Family Parks Inc)
Services, Duties and Responsibilities. 1. Eastland Xxxxxx will faithfully and to the best of his ability serve the company in his full time capacity as its President and Chief Executive Officer, subject to the policy direction of the President of the Board of Directors of the Company. Eastland Xxxxxx shall perform such services and duties as are customarily performed by one holding the position of President and Chief Executive Officer of a public corporation.
2. As President and Chief Executive Officer, Eastland Xxxxxx shall be responsible for the overall management of the Company’s business. Eastland Xxxxxx will devote his full time, energy and skill during regular business hours to his employment with the Company. Such duties shall be rendered at EaglePine Mountain, IdahoGeorgia, and at such other place or places as Xxxxxx and/or the Company shall in good faith require or determine and as interests, needs, business or opportunity of the Company shall require. While occupying the office of President and Chief Executive Officer, and as Xxxxxx shall be willing to become a member of the Board of Directors, Eastland shall be willing to occupy the office of Directors and serve as Chairman of the Board of Directors and shall be willing to serve as Chairman of the Executive Committee of the Board of Directors. Eastland Xxxxxx shall be responsible on a continuing basis for the development, implementation and maintenance of a business plan for the corporation and all activities defined therein. He shall be responsible for coordination of efforts and cooperation of the Company with the parent corporation, GFAM, and with the inter-corporate and subsidiary officers and management teams and their respective staffs and for the maximization of consolidated corporate performance and overall profitability of the corporation and its respective subsidiaries; conditioned, however, upon Company as part of the Company’s providing sufficient funds for Eastland to so manage and regulate the CompanyGFAM family of companies.
3. Eastland Xxxxxx shall be responsible for reporting in writing to the Board of Directors and to GFAM on a regular basis.
4. As Chief Executive Officer, Eastland shall be responsible for the development, coordination and execution of all aspects of the operation as directed by the Board of Directors. Subject to the Company’s continuing ability to pay Eastland’s Xxxxxx’x salary on a regular basis as hereinafter provided, Eastland Xxxxxx will devote his full time, energy and skill during regular business hours to providing the services and carrying out the duties and responsibilities of his employment with the Company. Such duties shall be rendered at the principal place of business of the Company and at such other places as the Company shall in good faith require or as interests, needs, business or opportunity of the Company shall require.
5. Eastland As a full time employee, Xxxxxx shall not directly or indirectly represent or be engaged by or be an employee of any other person, firm or corporation or be engaged for his services as an officer, general manager or consultant in any other business or enterprise while he is in the employ of the Company, unless specifically authorized to do so. It is understood, however, that the foregoing in no way prevents Eastland Xxxxxx from owning stock or having an economic interest in other businesses or enterprises. Furthermore, Eastland Xxxxxx may serve on the board of directors of other companies so long as such service does not conflict with his interest in and duties of the Company. Also, Company and he may hold the position of corporate officer be an officer, director, and/ or shareholder in any family or personal investment business so long as it does not conflict with his interest in and duties to the Company.
Appears in 1 contract
Samples: Employment Agreement (Great American Family Parks Inc)
Services, Duties and Responsibilities. 1. Eastland On a part time basis, Van Xxxxxxx will faithfully and to the best of his ability serve the company Company in his capacity as its Vice President and Chief Executive Financial Officer, subject to direction of the President and the policy direction of the Board of Directors of the Company. Eastland This employment is on a part time basis. Van Xxxxxxx shall perform such services and duties duties, on a part time basis, as are customarily performed by one holding the position of Vice President and Chief Executive Financial Officer of a public corporation.
2. As Vice President and Chief Executive Financial Officer, Eastland Van Xxxxxxx shall be responsible for the overall financial management of the Company’s business. Eastland Van Xxxxxxx will devote his full time, energy and skill during regular business hours on a part time basis to his employment with the Company. Such duties shall be rendered at Eagle, Idahowhere Van Xxxxxxx elects, and at such other place or places as the Company shall in good faith require or as interests, needs, business or opportunity of the Company shall require, subject to the part time nature of this employment. While occupying the office of Vic President and Chief Executive Financial Officer, and as a member of the Board of Directors, Eastland shall be willing to occupy the office of Chairman of the Board of Directors and Van Xxxxxxx shall be willing to serve on the Board of Directors of the Company and serve as the Chairman of the Executive Audit Committee of the Board of Directors. Eastland Van Xxxxxxx shall be responsible on a continuing basis for the development, implementation and maintenance of a business plan financial statement and profit and loss statement for the corporation and of all activities defined therein. He shall related financial documents required to be responsible for coordination of efforts of kept by the corporate and subsidiary officers and management teams and their respective staffs and for the maximization of corporate performance and overall profitability of the corporation and its respective subsidiaries; conditioned, however, upon the Company’s providing sufficient funds for Eastland to so manage and regulate the CompanyCompany as public company.
3. Eastland Van Xxxxxxx shall be responsible for reporting in writing to the President and to the Board of Directors on a regular basis.
4. As Chief Executive Financial Officer, Eastland Van Xxxxxxx shall be responsible for the development, development and coordination and execution of all financial aspects of the operation business of the Company as directed by the Board of Directors. Subject to the Company’s continuing ability to pay Eastland’s Van Xxxxxxx’ salary on a regular basis as hereinafter provided, Eastland Van Xxxxxxx will devote his full time, energy and skill during regular business hours on a part time basis at times and places of his choosing to providing the services and carrying out the duties and responsibilities of his employment with the Company. Such duties shall be rendered at the principal place of business of the Company and at such other places as the Company shall in good faith require or as interests, needs, business or opportunity of the Company shall require.
5. Eastland While he is in the employ of the Company, Van Xxxxxxx shall not directly or indirectly represent represent, or be engaged by by, or be an employee of any other person, firm or corporation corporation, or be engaged for his services as an officer, general manager or consultant in any other business or enterprise while he is in the employ of competition with the Company, unless specifically authorized to do so. It is understood, however, that the foregoing in no way prevents Eastland Van Xxxxxxx from serving as an officer or director or owning stock or having an economic interest in other non-competitive businesses or enterprises. Furthermore, Eastland may serve on the board of directors of other companies so long as such service does not conflict with his interest in and duties of the Company. Also, he may hold the position of corporate officer in including any family or personal investment business so long as it does not conflict with his interest in and duties to the Company.
Appears in 1 contract
Samples: Employment Agreement (Great American Family Parks Inc)
Services, Duties and Responsibilities. 1. Eastland x. Xxxxxx will faithfully and to the best of his ability serve the company Company in his capacity as its President and Chief Executive Officer, subject to the policy direction of the Board of Directors of the Company. Eastland Xxxxxx shall perform such services and duties as are customarily performed by one holding the position of President and Chief Executive Officer of a public corporation.
2. b. As President and Chief Executive Officer, Eastland Xxxxxx shall be responsible for the overall management of the Company’s 's business. Eastland Xxxxxx will devote his full time, energy and skill during regular business hours to his employment with the Company. Such duties shall be rendered at EagleHeber City, IdahoUtah, and at sat such other place or places as the Company shall in good faith require or as interests, needs, business or opportunity of the Company shall require. While occupying the office of the President and Chief Executive Officer, and as a member of the Board of Directors, Eastland Xxxxxx shall be willing to occupy the office officer of Chairman of the Board of Directors and shall be willing to serve as Chairman of the Executive Committee of the Board of Directors. Eastland Xxxxxx shall be responsible on a continuing basis for the development, implementation and maintenance of a business plan for the corporation and all activities defined therein. He shall be responsible for coordination of efforts of the corporate and subsidiary officers and management teams and their respective staffs and for the maximization of corporate performance and overall profitability of the corporation and its respective subsidiaries; conditioned, however, upon the Company’s 's providing sufficient funds for Eastland Xxxxxx to so manage and regulate the Company.
3. Eastland x. Xxxxxx shall be responsible for reporting in writing to the Board of Directors on a regular basis.
4. d. As Chief Executive Officer, Eastland Xxxxxx shall be responsible for the development, coordination and execution of all aspects of the operation as directed by the Board of Directors. Subject to the Company’s 's continuing ability to pay Eastland’s Xxxxxx' salary on a regular basis as hereinafter provided, Eastland Xxxxxx will devote his full time, energy and skill during regular business hours to providing the services and carrying out the duties and responsibilities of his employment with the Company. Such duties shall be rendered at the principal place of business of the Company and at such other places as the Company shall in good faith require or as interests, needs, needs business or opportunity of the Company shall require.
5. Eastland x. Xxxxxx shall not directly or indirectly represent or be engaged by or be an employee of any other person, firm or corporation or be engaged for his services as an officer, general manager or consultant in any other business or enterprise while he is in the employ of the Company, unless specifically authorized to do so. It is understood, however, that the foregoing in no way prevents Eastland Xxxxxx from owning stock or having an economic interest in other businesses or enterprises. Furthermore, Eastland Xxxxxx may serve on the board of directors of other companies so long as such service does not conflict with his interest in and duties of the Company. Also, he may hold the position of corporate officer in any family or personal investment business so long as it does not conflict with his interest in and duties to the Company.
Appears in 1 contract
Services, Duties and Responsibilities. 1. Eastland Xxxxxx will faithfully and to the best of his ability serve the company Company by devoting his full-time employment to the Company and its Subsidiaries in his capacity as its Chief Operating Officer of the Company, and President and Chief Executive OfficerOfficer of each of the Subsidiaries, subject to the policy direction of the Board of Directors President of the Company. Eastland Xxxxxx shall perform such services and duties as are customarily performed by one holding the position of President and Chief Executive Officer of a public an operating corporation.
2. As President and Chief Executive OfficerOfficer of the Subsidiaries, Eastland Xxxxxx shall be responsible for the overall management of each of the CompanySubsidiary’s business. Eastland will devote his full time, energy and skill during regular business hours to his employment with the Companybusinesses. Such duties shall be rendered at EaglePine Mountain, IdahoGeorgia, Strafford, Missouri and at such other place or places as Xxxxxx and/or the Company shall in good faith require or determine as interests, needs, business or opportunity of the Company shall require. While occupying the office of President and Chief Executive OfficerOfficer of the Subsidiaries, and as Xxxxxx shall be willing to become a member of the Board of Directors, Eastland shall be willing to occupy Directors of each of the office of Subsidiaries and serve as Chairman of the Board of Directors of each of the Subsidiaries and shall be willing to serve as Chairman of the Executive Committee of the Board said respective Boards of Directors. Eastland Xxxxxx shall be responsible on a continuing basis for the development, implementation and maintenance of a business plan for the corporation Subsidiaries and all activities defined therein. He shall be responsible for coordination of efforts of and cooperation with the Company, and with the inter-corporate and subsidiary officers and management teams and their respective staffs and for the maximization of consolidated corporate performance and overall profitability of the corporation and its respective subsidiaries; conditioned, however, upon the Company’s providing sufficient funds for Eastland to so manage and regulate the CompanySubsidiaries.
3. Eastland Xxxxxx shall be responsible for reporting in writing to the President of the Company on a regular basis and to the Company’s Board of Directors on a regular basiswhen so directed by the President and Chairman of the Company’s Board.
4. As Chief Executive Officer, Eastland shall be responsible for the development, coordination and execution of all aspects of the operation as directed by the Board of Directors. Subject to the Company’s continuing ability to pay Eastland’s Xxxxxx’x salary on a regular basis as hereinafter provided, Eastland Xxxxxx will devote his full time, energy and skill during regular business hours to on a full-time basis, providing the services and carrying out the duties and responsibilities of his employment with the Company. Such duties shall be rendered at the principal place of business of the Company and at such other places as the Company shall in good faith require or as interests, needs, business or opportunity of the Company shall require.
5. Eastland Xxxxxx shall not directly or indirectly represent or be engaged by or be an employee of any other person, firm or corporation or be engaged for his services as an officer, general manager or consultant in any other business or enterprise while he is in competition with the employ of the CompanyCompany and its Subsidiaries, unless specifically authorized to do so. It is understood, however, that the foregoing in no way prevents Eastland Xxxxxx from owning stock or having an economic interest in other businesses or enterprises. Furthermore, Eastland Xxxxxx may serve on the board of directors of other companies so long as such service does not conflict with his interest in and duties of to the Company. Also, Company and he may hold the position of corporate officer be an officer, director, and/or shareholder in any family or personal investment business so long as it does not conflict with his interest in and duties to the Company.
Appears in 1 contract