Common use of Specific Position; Duties and Responsibilities Clause in Contracts

Specific Position; Duties and Responsibilities. Employer and Employee agree that, subject to the provisions of this Agreement, Employer will employ Employee and Employee will serve Employer as a senior officer for the duration of this Agreement. The specific position in which Employee shall initially serve shall be President. Employee agrees to observe and comply with the rules and regulations of Employer as adopted by the Board respecting the performance of Employee's duties and agrees to carry out and perform orders, directions and policies of Employer and its Board as they may be, from time to time, stated either orally or in writing. Employee shall have such corporate power and authority as shall reasonably be required to enable the discharge of duties in any office that may be held.

Appears in 3 contracts

Samples: Employment Agreement (International Aircraft Investors), Employment Agreement (International Aircraft Investors), Employment Agreement (International Aircraft Investors)

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Specific Position; Duties and Responsibilities. Employer and Employee agree that, subject to the provisions of this Agreement, Employer will employ Employee and Employee will serve Employer as a senior officer for the duration of this Agreement. The specific position in which Employee shall initially serve shall be PresidentChairman of the Board and Chief Executive Officer. Employee agrees to observe and comply with the rules and regulations of Employer as adopted by the Board respecting the performance of Employee's duties and agrees to carry out and perform orders, directions and policies of Employer and its Board as they may be, from time to time, stated either orally or in writing. Employee shall have such corporate power and authority as shall reasonably be required to enable the discharge of duties in any office that may be held.

Appears in 3 contracts

Samples: Employment Agreement (International Aircraft Investors), Employment Agreement (International Aircraft Investors), Employment Agreement (International Aircraft Investors)

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Specific Position; Duties and Responsibilities. (a) Positions, Duties and Authority. Employer and Employee agree ------------------------------- that, subject to the provisions of this Agreement, Employer will employ Employee and Employee will serve Employer as a senior officer for the duration of this Agreement. The specific position in which Employee shall initially serve shall be its President, Chief Executive Officer and Secretary. Employee agrees to observe and comply with the rules and regulations of Employer as adopted by the Board respecting the performance of Employee's duties and agrees to carry out and perform orders, directions and policies of Employer and its Board as they may be, from time to time, stated either orally or in writing. Employee shall have such corporate power and authority as shall reasonably be required to enable the discharge of duties in any office that may be heldcommensurate with the offices he holds.

Appears in 1 contract

Samples: Employment Agreement (United Panam Financial Corp)

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