Common use of Services to be Rendered Clause in Contracts

Services to be Rendered. (a) Executive shall perform such duties as are usually performed by an Executive with the position set forth in Schedule 1 of a business similar in size and scope as the Company and such other reasonable additional duties as may be prescribed from time to time by the Company which are reasonable and consistent with the Company's operations, taking into account Executive's expertise and job responsibilities. During the term of this Agreement, Executive agrees to devote his full time and attention to the business and affairs of the Company to the extent necessary to discharge the responsibilities assigned to Executive and to use reasonable efforts to perform faithfully and efficiently such responsibilities. The Executive will use Executive's best efforts to promote the interests of the Company. (b) During this Agreement, it shall not be a violation of this Agreement for Executive to (i) serve on corporate, civic or charitable boards or committees; (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions; or (iii) manage personal investments or companies in which personal investments are made so long as such activities do not significantly interfere with the performance of Executive's responsibilities with the Company and which companies are not in direct competition with the Company. Any income incurred by Executive outside the scope of his employment and permitted pursuant to the provisions hereof, shall inure to the benefit of Executive, and the Company shall not claim any entitlement thereto; provided, however, that any income derived by Executive related to the business of the Company, including, without limitation, compensation for serving on boards of directors of companies in which the Company has a significant investment, shall be paid over to the Company as and when received. (c) During the term of this Agreement, the Company shall furnish, at Executive's principal place of employment, an office, furnishings, secretary and such other facilities commensurate and suitable to his position and adequate for the performance of his duties hereunder.

Appears in 7 contracts

Samples: Employment Agreement (Billserv Inc), Employment Agreement (Billserv Com Inc), Employment Agreement (Billserv Com Inc)

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Services to be Rendered. (a) Executive shall perform such duties as are usually performed by an Executive with the position set forth in Schedule 1 of a business similar in size and scope as the Company and such other reasonable additional duties as may be prescribed from time to time by the Company which are reasonable and consistent with the Company's operations, taking into account Executive's expertise and job responsibilities. During the term of this Agreement, Executive agrees to devote his full time and attention to the business and affairs of the Company to the extent necessary to discharge the responsibilities assigned to Executive and to use reasonable efforts to perform faithfully and efficiently such responsibilities. The Executive will use Executive's best efforts to promote the interests of the Company. (b) During this Agreement, it shall not be a violation of this Agreement for Executive to (i) serve on corporate, civic or charitable boards or committees; (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions; or (iii) manage personal 2 investments or companies in which personal investments are made so long as such activities do not significantly interfere with the performance of Executive's responsibilities with the Company and which companies are not in direct competition with the Company. Any income incurred by Executive outside the scope of his employment and permitted pursuant to the provisions hereof, shall inure to the benefit of Executive, and the Company shall not claim any entitlement thereto; provided, however, that any income derived by Executive related to the business of the Company, including, without limitation, compensation for serving on boards of directors of companies in which the Company has a significant investment, shall be paid over to the Company as and when received. (c) During the term of this Agreement, the Company shall furnish, at Executive's principal place of employment, an office, furnishings, secretary and such other facilities commensurate and suitable to his position and adequate for the performance of his duties hereunder.

Appears in 2 contracts

Samples: Employment Agreement (Broadcast Com Inc), Employment Agreement (Broadcast Com Inc)

Services to be Rendered. (a) Executive Employee shall perform such duties as are usually performed by an Executive Employee with the position set forth in Schedule 1 of a business similar in size and scope as the Company and such other reasonable additional duties as may be prescribed from time to time by the Company which are reasonable and consistent with the Company's operations, taking into account ExecutiveEmployee's expertise and job responsibilities. During the term of this Agreement, Executive Employee agrees to devote his full time and attention to the business and affairs of the Company to the extent necessary to discharge the responsibilities assigned to Executive Employee and to use reasonable efforts to perform faithfully and efficiently such responsibilities. The Executive Employee will use ExecutiveEmployee's best efforts to promote the interests of the Company. (b) During the term of this Agreement, it shall not be a violation of this Agreement for Executive Employee to (i) serve on corporate, civic or charitable boards or committees; (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions; or (iii) manage personal investments or companies in which personal investments are made so long as such activities do not significantly interfere with the performance of ExecutiveEmployee's responsibilities with the Company and which companies are not in direct competition with the Company. Any income incurred by Executive Employee outside the scope of his employment and permitted pursuant to the provisions hereof, shall inure to the benefit of ExecutiveEmployee, and the Company shall not claim any entitlement thereto; provided, however, that any income derived by Executive Employee related to the business of the Company, including, without limitation, compensation for serving on boards of directors of companies in which the Company has a significant investment, shall be paid over to the Company as and when received. (c) During the term of this Agreement, the Company shall furnish, at Executive's principal place of employment, an office, furnishings, secretary and such other furnish facilities commensurate and suitable to his Employee’s position and adequate for the performance of his duties hereunder.

Appears in 2 contracts

Samples: Employment Agreement (Payment Data Systems Inc), Employment Agreement (Payment Data Systems Inc)

Services to be Rendered. (a) Executive shall perform such duties as are usually performed by an Executive with the position set forth in Schedule 1 of a business similar in size and scope as the Company and such other reasonable additional duties as may be prescribed from time to time by the Company which are reasonable and consistent with the Company's operations, taking into account Executive's expertise and job responsibilities. During the term of this Agreement, Executive agrees to devote his full time and attention to the business and affairs of the Company to the extent necessary to discharge the responsibilities assigned to Executive and to use reasonable efforts to perform faithfully and efficiently such responsibilities. The Executive will use Executive's best efforts to promote the interests of the Company. (b) During this Agreement, it shall not be a violation of this Agreement for Executive to (i) serve on corporate, civic or charitable boards or committees; (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions; or (iii) manage personal investments or companies in which personal investments are made so long as such activities do not significantly interfere with the performance of Executive's responsibilities with the Company and which companies are not in direct competition with the Company. Any income incurred by Executive outside the scope of his employment and permitted pursuant to the provisions hereof, shall inure to the benefit of Executive, and the Company shall not claim any entitlement thereto; provided, however, that any income derived by Executive related to the business of the Company, including, without limitation, compensation for serving on boards of directors of companies in which the Company has a significant investment, shall be paid over to the Company as and when received. (c) During the term of this Agreement, the Company shall furnish, at Executive's principal place of employment, an office, furnishings, secretary and such other furnish facilities commensurate and suitable to his Executive's position and adequate for the performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Billserv Com Inc)

Services to be Rendered. (a) Executive Employee shall perform such duties as are usually performed by an Executive Employee with the position set forth in Schedule 1 of a business similar in size and scope as the Company and such other reasonable additional duties as may be prescribed from time to time by the Company which are reasonable and consistent with the Company's operations, taking into account ExecutiveEmployee's expertise and job responsibilities. During the term of this Agreement, Executive Employee agrees to devote his full time and attention to the business and affairs of the Company to the extent necessary to discharge the responsibilities assigned to Executive Employee and to use reasonable efforts to perform faithfully and efficiently such responsibilities. The Executive Employee will use ExecutiveEmployee's best efforts to promote the interests of the Company. (b) During the term of this Agreement, it shall not be a violation of this Agreement for Executive Employee to (i) serve on corporate, civic or charitable boards or committees; (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions; or (iii) manage personal investments or companies in which personal investments are made so long as such activities do not significantly interfere with the performance of ExecutiveEmployee's responsibilities with the Company and which companies are not in direct competition with the Company. Any income incurred by Executive Employee outside the scope of his employment and permitted pursuant to the provisions hereof, shall inure to the benefit of ExecutiveEmployee, and the Company shall not claim any entitlement thereto; provided, however, that any income derived by Executive Employee related to the business of the Company, including, without limitation, compensation for serving on boards of directors of companies in which the Company has a significant investment, shall be paid over to the Company as and when received. (c) During the term of this Agreement, the Company shall furnish, at Executive's principal place of employment, an office, furnishings, secretary and such other furnish facilities commensurate and suitable to his Employee's position and adequate for the performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Payment Data Systems Inc)

Services to be Rendered. (a) Executive Employee shall perform such duties as are usually performed by an Executive Employee with the position set forth in Schedule 1 of a business similar in size and scope as the Company and such other reasonable additional duties as may be prescribed from time to time by the Company which are reasonable and consistent with the Company's operations, taking into account ExecutiveEmployee's expertise and job responsibilities. During the term of this Agreement, Executive Employee agrees to devote his full time and attention to the business and affairs of the Company to the extent necessary to discharge the responsibilities assigned to Executive Employee and to use reasonable efforts to perform faithfully and efficiently such responsibilities. The Executive Employee will use ExecutiveEmployee's best efforts to promote the interests of the Company. (b) During the term of this Agreement, it shall not be a violation of this Agreement for Executive Employee to (i) serve on corporate, civic or charitable boards or committees; (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions; or (iii) manage personal investments or companies in which personal investments are made so long as such activities do not significantly interfere with the performance of ExecutiveEmployee's responsibilities with the Company and which companies are not in direct competition with the Company. Any income incurred by Executive Employee outside the scope of his employment and permitted pursuant to the provisions hereof, shall inure to the benefit of ExecutiveEmployee, and the Company shall not claim any entitlement thereto; provided, however, that any income derived by Executive Employee related to the business of the Company, including, without limitation, compensation for serving on boards of directors of companies in which the Company has a significant investment, shall be paid over to the Company as and when received. (c) During the term of this Agreement, the Company shall furnish, at Executive's principal place of employment, an office, furnishings, secretary and such other furnish facilities commensurate and suitable to his Employee’s position and adequate for the performance of his duties hereunder. Such facilities shall be located in or near Franklin, Tennessee.

Appears in 1 contract

Samples: Employment Agreement (Payment Data Systems Inc)

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Services to be Rendered. (a) Executive shall perform such duties as are usually performed by an Executive with the position set forth in Schedule 1 of a business similar in size and scope as the Company and such other reasonable additional duties as may be prescribed from time to time by the Company which are reasonable and consistent with the Company's operations, taking into account Executive's expertise and job responsibilities. During the term of this Agreement, Executive agrees to devote his her full time and attention to the business and affairs of the Company to the extent necessary to discharge the responsibilities assigned to Executive and to use reasonable efforts to perform faithfully and efficiently such responsibilities. The Executive will use Executive's best efforts to promote the interests of the Company. (b) During this Agreement, it shall not be a violation of this Agreement for Executive to (i) serve on corporate, civic or charitable boards or committees; (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions; or (iii) manage personal investments or companies in which personal investments are made so long as such activities do not significantly interfere with the performance of Executive's responsibilities with the Company and which companies are not in direct competition with the Company. Any income incurred by Executive outside the scope of his her employment and permitted pursuant to the provisions hereof, shall inure to the benefit of Executive, and the Company shall not claim any entitlement thereto; provided, however, that any income derived by Executive related to the business of the Company, including, without limitation, compensation for serving on boards of directors of companies in which the Company has a significant investment, shall be paid over to the Company as and when received. (c) During the term of this Agreement, the Company shall furnish, at Executive's principal place of employment, an office, furnishings, secretary and such other facilities commensurate and suitable to his her position and adequate for the performance of his her duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Billserv Com Inc)

Services to be Rendered. (a) Executive Employee shall perform such duties as are usually performed by an Executive Employee with the position set forth in Schedule 1 of a business similar in size and scope as the Company and such other reasonable additional duties as may be prescribed from time to time by the Company which are reasonable and consistent with the Company's operations, taking into account ExecutiveEmployee's expertise and job responsibilities. During the term of this Agreement, Executive Xxxxxxxx agrees to devote his full time and attention to the business and affairs of the Company to the extent necessary to discharge the responsibilities assigned to Executive Employee and to use reasonable efforts to perform faithfully and efficiently such responsibilities. The Executive Employee will use ExecutiveEmployee's best efforts to promote the interests of the Company. (b) During the term of this Agreement, it shall not be a violation of this Agreement for Executive Employee to (i) serve on corporate, civic or charitable boards or committees; (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions; or (iii) manage personal investments or companies in which personal investments are made so long as such activities do not significantly interfere with the performance of ExecutiveEmployee's responsibilities with the Company and which companies are not in direct competition with the Company. Any income incurred by Executive Employee outside the scope of his employment and permitted pursuant to the provisions hereof, shall inure to the benefit of ExecutiveEmployee, and the Company shall not claim any entitlement thereto; provided, however, that any income derived by Executive Employee related to the business of the Company, including, without limitation, compensation for serving on boards of directors of companies in which the Company has a significant investment, shall be paid over to the Company as and when received. (c) During the term of this Agreement, the Company shall furnish, at Executive's principal place of employment, an office, furnishings, secretary and such other furnish facilities commensurate and suitable to his Employee’s position and adequate for the performance of his duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (Usio, Inc.)

Services to be Rendered. (a) The Company hereby agrees to employ the Executive as Executive Vice President and Chief Administrative Officer to serve at its headquarters office located in the Naples, Florida area, subject to the terms, conditions and provisions of this Agreement. The Executive hereby accepts such employment and agrees to serve without additional compensation, if elected, in any other senior executive position of the Company reasonably requested of him and as an officer and/or director of any subsidiary of the Company in accordance with Section 7 hereof. The Executive shall perform devote his full-time best efforts to such duties as are usually performed by an Executive with the position set forth employment and shall apply substantially that degree of skill and diligence in Schedule 1 of a business similar in size and scope as rendering services to the Company and such other its subsidiaries under this Agreement as would be applied by a person of ordinary prudence and comparable experience under similar circumstances. In connection therewith, the Executive shall report to and be subject to the direction of the President and CEO and the Board of Directors. Notwithstanding the foregoing, the Executive may devote a reasonable additional duties as may be prescribed from amount of his time to time by the Company which are reasonable his personal investments and consistent with the Company's operations, taking into account Executive's expertise and job responsibilities. During the term business affairs (including service as a director of this Agreement, Executive agrees to devote his full time and attention to the business and affairs of the Company to the extent necessary to discharge the responsibilities assigned to Executive unaffiliated companies) and to use reasonable efforts to perform faithfully civic and efficiently such responsibilities. The Executive will use Executive's best efforts to promote the interests of the Company. (b) During this Agreement, it shall not be a violation of this Agreement for Executive to (i) serve on corporate, civic or charitable boards or committees; (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions; or (iii) manage personal investments or companies in which personal investments are made so long as such activities do not significantly interfere with the performance of Executive's responsibilities with the Company and which companies are not in direct competition with the Company. Any income incurred by Executive outside the scope of his employment and permitted pursuant to the provisions hereof, shall inure to the benefit of Executive, and the Company shall not claim any entitlement theretoactivities; provided, however, that the Executive shall not accept any income derived by Executive related to the position as a director of any unaffiliated for-profit business organization without advance approval of the Company's Board of Directors (which approval shall not be unreasonably withheld). The Company understands that Executive has ownership in the following three companies: Kaizen Dynamics, includingInc. D/B/A Cass Bettinger & Associates; Corporate Culture Dynamics, without limitationInc.; and Bxxx XXX Xxxxxxk, compensation for serving on boards of directors of and agrees that Executive will be permitted to maintain that ownership. The Company expects that Executive will conduct business with these companies in an appropriate manner which does not jeopardize Executive=s integrity or that of the Company has a significant investment, shall be paid over to and does not conflict with the Company as and when received. (c) During the term of this Agreement, the Company shall furnish, at Executive's principal place of employment, an office, furnishings, secretary and such other facilities commensurate and suitable to his position and adequate for the performance of his duties hereunderfill-time best efforts as contemplated.

Appears in 1 contract

Samples: Employment Agreement (FNB Corp/Fl/)

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