Common use of Term of Employment Duties Clause in Contracts

Term of Employment Duties. (a) The "Term of Employment" shall commence on the effective date of this Agreement and shall continue for an initial term of two (2) years unless earlier terminated as provided in this Agreement (the "Initial Term"). After the Initial Term, the Term of Employment will automatically renew for successive one (1) year terms unless and until either party delivers notice of termination to the other within thirty (30) days of the expirations of the then current term. (b) During the Term of Employment, the Company shall employ Employee, and Employee shall work for the Company, as President, Chief Operating Officer and Corporate Secretary. In such capacity, Employee shall perform such duties as are traditional and customary to that position and as may be reasonably directed by the Board of Directors of the Company (the "Board") (c) During the Term of Employment, except as set forth below, Employee shall devote full time and effort to carrying out Employee's duties for the Company hereunder, shall not engage in any activity which would be inconsistent with such duties or with the objectives of the Business (as defined below), and shall diligently perform Employee's obligations and discharge Employee's duties hereunder; provided, however, nothing in this Paragraph shall prevent Employee from devoting time to managing investments, participating with charitable organizations and trade groups or other similar activities. The "Business" of the Company is to investigate, acquire, and manage business opportunities for the Company.

Appears in 2 contracts

Samples: Employment Agreement (Navidec Financial Services, Inc.), Employment Agreement (Navidec Financial Services, Inc.)

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Term of Employment Duties. (a) The "Term of Employment" shall commence on the effective date of this Agreement and shall continue for an initial term of two three (23) years unless earlier terminated as provided in this Agreement (the "Initial Term"). After the Initial Term, the Term of Employment will be automatically renew extended for successive additional one (1) year terms unless and until either party delivers the Company provides written notice of termination to Employee that the other within Agreement will not be renewed on or before thirty (30) days prior to the end of the expirations Term of the then current termEmployment. (b) During the Term of Employment, the Company shall employ Employee, and Employee shall work for the Company, Company as President, President and Chief Operating Officer and Corporate SecretaryOfficer. In such capacity, Employee shall perform such duties as are traditional and customary to that position and as may be reasonably directed by the Company’s Board of Directors of with direct supervision by the Company (the "Board")Company’s Chief Executive Officer. (c) During the Term of Employment, except as set forth below, Employee shall devote full time and effort to carrying out Employee's duties for the Company hereunder, shall not engage in any activity which would be inconsistent with such duties or with the objectives of the Business (as defined below), and shall diligently perform Employee's obligations and discharge Employee's duties hereunder; provided, however, nothing in this Paragraph shall prevent Employee from devoting time to managing investments, family matters, participating with charitable organizations and trade groups or other similar activities. The "Business" of the Company is to investigate, acquire, and manage business opportunities irrigated farmland and water assets for the Company.

Appears in 2 contracts

Samples: Acquisition Agreement (TWO RIVERS WATER Co), Employment Agreement (TWO RIVERS WATER Co)

Term of Employment Duties. (a) The "Term of Employment" shall commence on the effective date of this Agreement and shall continue for an initial term of two (2) years unless earlier terminated as provided in this Agreement (the "Initial Term"). After the Initial Term, the Term of Employment will automatically renew for successive one (1) year terms unless and until either party delivers notice of termination to the other within thirty (30) days of the expirations of the then current term. (b) During the Term of Employment, the Company shall employ Employee, and Employee shall work for the Company, as President, Chief Operating Executive Officer and Corporate SecretaryChairman of the Board. In such capacity, Employee shall perform such duties as are traditional and customary to that position and as may be reasonably directed by the Board of Directors of the Company (the "Board") (c) During the Term of Employment, except as set forth below, Employee shall devote full time and effort to carrying out Employee's duties for the Company hereunder, shall not engage in any activity which would be inconsistent with such duties or with the objectives of the Business (as defined below), and shall diligently perform Employee's obligations and discharge Employee's duties hereunder; provided. Provided, however, nothing in this Paragraph shall prevent Employee from devoting time to managing investments, participating with charitable organizations and trade groups or other similar activities. The "Business" of the Company is to investigate, acquire, and manage business opportunities for the Company.

Appears in 2 contracts

Samples: Employment Agreement (Navidec Financial Services, Inc.), Employment Agreement (Navidec Financial Services, Inc.)

Term of Employment Duties. (a) The "Term of Employment" shall commence on the effective date of this Agreement and shall continue for an initial term of two one (21) years unless earlier terminated as provided in this Agreement (the "Initial Term"). After the Initial Term, the Term of Employment will automatically renew for successive one (1) year terms unless and until either party delivers notice of termination to the other within thirty (30) days of the expirations of the then current term. (b) During the Term of Employment, the Company shall employ Employee, and Employee shall work for the Company, Company as President, Chief Operating Officer and Corporate SecretaryFinancial Officer. In such capacity, Employee shall perform such duties as are traditional and customary to that position and as may be reasonably directed by the Company’s Board of Directors of the Company (the "Board")and CEO. (c) During the Term of Employment, except as set forth below, Employee shall devote full time and effort to carrying out Employee's duties for the Company hereunder, shall not engage in any activity which would be inconsistent with such duties or with the objectives of the Business (as defined below), and shall diligently perform Employee's obligations and discharge Employee's duties hereunder; provided, however, nothing in this Paragraph shall prevent Employee from devoting time to managing investments, family businesses, participating with charitable organizations and trade groups or other similar activities. The "Business" of the Company is to investigate, acquire, and manage business opportunities for the Company.

Appears in 1 contract

Samples: Employment Agreement (TWO RIVERS WATER Co)

Term of Employment Duties. (a) The "Term of Employment" shall commence on the effective date of this Agreement and shall continue for an initial term of two one (21) years unless earlier terminated as provided in this Agreement (the "Initial Term"). After the Initial Term, the Term of Employment will automatically renew for successive one (1) year terms unless and until either party delivers notice of termination to the other within thirty (30) days of the expirations of the then current term. (b) During the Term of Employment, the Company shall employ Employee, and Employee shall work for the Company, Company as President, Chief Operating Officer and Corporate SecretaryExecutive Officer. In such capacity, Employee shall perform such duties as are traditional and customary to that position and as may be reasonably directed by the Company’s Board of Directors of the Company (the "Board")Directors. (c) During the Term of Employment, except as set forth below, Employee shall devote full time and effort to carrying out Employee's duties for the Company hereunder, shall not engage in any activity which would be inconsistent with such duties or with the objectives of the Business (as defined below), and shall diligently perform Employee's obligations and discharge Employee's duties hereunder; provided, however, nothing in this Paragraph shall prevent Employee from devoting time to managing investments, family businesses, participating with charitable organizations and trade groups or other similar activities. The "Business" of the Company is to investigate, acquire, and manage business opportunities for the Company.

Appears in 1 contract

Samples: Employment Agreement (TWO RIVERS WATER Co)

Term of Employment Duties. (a) The "Term of Employment" shall commence on the effective date of this Agreement and shall continue for an initial term of two (2) years unless earlier terminated as provided in this Agreement (the "Initial Term"). After the Initial Term, the Term of Employment will automatically renew for successive one (1) year terms unless and until either party delivers notice of termination to the other within thirty (3090) days of the expirations of the then current term. (b) During the Term of Employment, the Company shall employ Employee, and Employee shall work for the Company, as President, Chief Operating Officer and Corporate SecretaryPresident of the Company. In such capacity, Employee shall perform such duties as are traditional and customary to that position and as may be reasonably directed by the Board of Directors of the Company (the "Board"). (c) During the Term of Employment, except as set forth below, Employee shall devote full time and effort to carrying out Employee's duties for the Company hereunder, shall not engage in any activity which would be inconsistent with such duties or with the objectives of the Business (as defined below), and shall diligently perform Employee's obligations and discharge Employee's duties hereunder; provided. Provided, however, nothing in this Paragraph shall prevent Employee from devoting time to managing investments, participating with charitable organizations and trade groups or other similar activities. The "Business" of the Company is to investigate, acquire, and manage business opportunities for the Company.

Appears in 1 contract

Samples: Employment Agreement (Navidec Inc)

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Term of Employment Duties. (a) The "Term of Employment" shall commence on the effective date of this Agreement and shall continue for an initial term of two (2) years unless earlier terminated as provided in this Agreement (the "Initial Term"). After the Initial Term, the Term of Employment will automatically renew for successive one (1) year terms unless and until either party delivers notice of termination to the other within thirty (30) days of the expirations of the then current term. (b) During the Term of Employment, the Company shall employ Employee, and Employee shall work for the Company, as President, Chief Operating Officer President and Corporate SecretaryCEO. In such capacity, Employee shall perform such duties as are traditional and customary to that position and as may be reasonably directed by the Board of Directors of the Company (the "Board") (c) During the Term of Employment, except as set forth below, Employee shall devote full time and effort to carrying out Employee's duties for the Company hereunder, shall not engage in any activity which would be inconsistent with such duties or with the objectives of the Business (as defined below), and shall diligently perform Employee's obligations and discharge Employee's duties hereunder; provided. Provided, however, nothing in this Paragraph shall prevent Employee from devoting time to managing investments, participating with charitable organizations and trade groups or other similar activities. The "Business" of the Company is to investigate, acquire, and manage business opportunities for the Company.

Appears in 1 contract

Samples: Employment Agreement (Navidec Financial Services, Inc.)

Term of Employment Duties. (a) The "Term of Employment" shall commence on the effective date of this Agreement and shall continue for an initial term of two one (21) years unless earlier terminated as provided in this Agreement (the "Initial Term"). After the Initial Term, the Term of Employment will automatically renew for successive one (1) year terms unless and until either party delivers notice of termination to the other within thirty (30) days of the expirations of the then current term. (b) During the Term of Employment, the Company shall employ Employee, and Employee shall work for the Company, as President, Chief Operating Officer and Corporate SecretaryFinancial Officer. In such capacity, Employee shall perform such duties as are traditional and customary to that position and as may be reasonably directed by the Board of Directors of the Company (the "Board") (c) During the Term of Employment, except as set forth below, Employee shall devote full time and effort to carrying out Employee's duties for the Company hereunder, shall not engage in any activity which would be inconsistent with such duties or with the objectives of the Business (as defined below), and shall diligently perform Employee's obligations and discharge Employee's duties hereunder; provided. Provided, however, nothing in this Paragraph shall prevent Employee from devoting time to managing investments, participating with charitable organizations and trade groups or other similar activities. The "Business" of the Company is to investigate, acquire, and manage business opportunities for the Company.

Appears in 1 contract

Samples: Employment Agreement (Navidec Financial Services, Inc.)

Term of Employment Duties. (a) The "Term of Employment" shall commence on the effective date of this Agreement and shall continue for an initial term of two one (21) years unless earlier terminated as provided in this Agreement (the "Initial Term"). After the Initial Term, the Term of Employment will automatically renew for successive one (1) year terms unless and until either party delivers notice of termination to the other within thirty (30) days of the expirations of the then current term. (b) During the Term of Employment, the Company shall employ Employee, and Employee shall work for the CompanyCompany as President of Two Rivers Water, as President, Chief Operating Officer and Corporate SecretaryLLC. In such capacity, Employee shall perform such duties as are traditional and customary to that position and as may be reasonably directed by the Board of Directors Company’s Managing Members and officers and board of the parent company, Two Rivers Water Company (the "Board"“Two Rivers”). (c) During the Term of Employment, except as set forth below, Employee shall devote full time and effort to carrying out Employee's duties for the Company hereunder, shall not engage in any activity which would be inconsistent with such duties or with the objectives of the Business (as defined below), and shall diligently perform Employee's obligations and discharge Employee's duties hereunder; provided, however, nothing in this Paragraph shall prevent Employee from devoting time to managing investments, family businesses, participating with charitable organizations and trade groups or other similar activities. The "Business" of the Company is to investigate, acquire, and manage business opportunities for the Company.

Appears in 1 contract

Samples: Employment Agreement (TWO RIVERS WATER Co)

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