Term of Employment and Duties. (a) The Corporation hereby employs the Executive as President and Chief Operating Officer and the Executive hereby accepts said employment and agrees to render such services to the Corporation on the terms and conditions set forth in this Agreement. The terms and conditions of this Agreement shall be and remain in effect during the period of three years beginning on the Effective Date of this Agreement and ending on the third anniversary of the Effective Date, plus such extensions, if any, as are provided pursuant to Section 2(b) hereof (the “Employment Period”).
(b) Except as provided in Section 2(c), and subject to the requirement below that the Corporation Board determine at least annually that continued extensions are appropriate, beginning on the Effective Date, on each day during the Employment Period, the Employment Period shall automatically be extended for one additional day, unless either the Corporation, on the one hand, or the Executive, on the other hand, elects not to extend the Agreement further by giving written notice thereof to the other party, in which case the Employment Period shall end on the third anniversary of the date on which such written notice is given. At least annually, the Corporation Board shall consider and review (with appropriate corporate documentation thereof, and taking into account all relevant factors) the Executive’s performance hereunder and whether the Employment Period shall continue to be extended. If the Corporation Board determines at least annually that continued extensions of the Employment Period are appropriate, then the Employment Period shall continue to extend each day as set forth above. If the Corporation Board determines not to extend the Employment Period, it shall provide written notice to the Executive as set forth above. Upon termination of the Executive’s employment with the Corporation for any reason whatsoever, any daily extensions provided pursuant to this Section 2(b), if not theretofore discontinued, shall automatically cease.
(c) Nothing in this Agreement shall be deemed to prohibit the Corporation at any time from terminating the Executive’s employment during the Employment Period for any reason, provided that the relative rights and obligations of the Corporation and the Executive in the event of any such termination shall be determined under this Agreement.
(d) During the term of this Agreement, the Executive shall manage the operations of the Corporation and oversee the officers that ...
Term of Employment and Duties. The Company and Xxxxxxx agree that for the period commencing on January 3, 2001, and terminating on January 3, 2002 (the "Termination Date"), the Company shall employ Xxxxxxx and Xxxxxxx shall perform duties ("duties") for the Company as Financial Reporting Manager and shall report to the Company's President.
Term of Employment and Duties. 1.1 Agreement ................................................. 2 1.2 Term ...................................................... 2 1.3 Position .................................................. 3
Term of Employment and Duties. The Company and Mabie agree that for the xxxxxd commencing on August 1st, 2001 and terminating on August 1, 2002 (the "Termination Date"), the Company shall employ Mabie and Mabie shall perxxxx dutiex ("duties") for the Company as Chief Executive Officer and President of the Company as set forth in the Company's Articles of Incorporation and Bylaws and shall report to the Company's Board of Directors (the "Board").
Term of Employment and Duties. The Company and Lindsey agree that for xxx period commencing on August 1st, 2001 and terminating on August 1, 2002 (the "Termination Date"), the Company shall employ Lindsey and Lindsey xxxxx xerform duties ("xxxxxs") for the Company as Director and Vice-President of the Company as set forth in the Company's Articles of Incorporation and Bylaws and shall report to the Company's Board of Directors (the "Board").
Term of Employment and Duties. The Company and Xxxx agree that for the period commencing on January 1, 2008, and terminating on December 31, 2010 (the “Termination Date”), the Company shall employ Xxxx and Xxxx shall perform duties (“Duties”) for the Company as Chief Executive Officer and President of the Company as set forth in the Company’s Third Amended and Restated Bylaws and shall report to the Company’s Board of Directors (the “Board”).
Term of Employment and Duties. The Company and Vincent agree that for the period commencing on January 3rd, 2001 and terminating on January 3, 2002 (the "Termination Date"), the Company shall employ Vincent and Vincxxx xxxll perform dutxxx ("duties") for the Company as Financial Reporting Manager of the Company as set forth in the Company's Articles of Incorporation and Bylaws and shall report to the President.
Term of Employment and Duties. You will be employed by the Company on a part-time basis as the President and Chief Executive Officer of the Company starting on September 9, 2003, and continuing until your employment is terminated as a result of your death or pursuant to Paragraph 11 below. During the term of your employment, you agree to devote your best efforts and skills and at least one-half of the business time and attention that normally would be associated with a full-time chief executive officer position to the business and affairs of the Company. Subject to this minimum time commitment, the amount of time you devote to the business and affairs of the Company will be at your discretion.
Term of Employment and Duties. We are pleased to offer you employment with the Company as Chief Operating Officer, reporting to Xx. Xxxxx Xxxxxxxxx, Chief Executive Officer, subject to government approval of Visa status in the United States. Your first day of employment will be agreed upon based on the approval of your O-1 Visa. During the term of your employment, you agree to devote your best efforts and all of your business time, attention and skills to the affairs of the Company as required by its business needs. As an executive officer of the Company, you understand that you will deemed to be subject to the requirements of Section 16 of the U.S. Securities Exchange Act of 1934, as amended, including the Form 3 and Form 4 filing and short-swing trading requirements, and your compensation information will be publicly disclosed, as required by applicable U.S. securities laws.
Term of Employment and Duties. We are pleased to offer you employment with Exicure, Inc. as Chief Scientific Officer, reporting to Xxxxx Xxxxxxxxx, Chief Executive Officer. Your first day of employment will be in no case later than 6 weeks from the date of this letter. During the term of your employment, you agree to devote your best efforts and all of your business time, attention and skill to the affairs of the Company as required by its business needs.
