Term, Position and Duties. (a) Subject to earlier termination as hereafter provided, your employment shall commence on or before November 6, 2006 and continue through December 31, 2008, and will be automatically extended for one year on January 1, 2009 and on each succeeding January 1 unless previously terminated in writing by you or an expressly authorized representative of the Company, in either case, on not less than thirty (30) days written notice. The term of this Agreement, as from time to time extended is hereafter referred to as “the term of this agreement” or “the term hereof”. You will be employed by the Company as its Executive Vice President and Chief Financial Officer. You will report to the Chief Executive Officer of the Company under the supervision of the Board of Directors (the “Board”).
(b) You agree to perform the duties of your position and such other duties as may reasonably be assigned to you from time to time including, but not limited to: implementation and maintenance of financial control, budgeting and reporting systems; supervision of treasury, tax, insurance, investor relations, human resources, compliance, and internal audit functions; and participation in investment decision-making and strategic planning processes, as directed by the Chief Executive Officer and the Board. You also agree that you will devote your full business time and your best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company. 000 Xxxxxxx Xxxxxx, 0xx Floor • New York, NY 10017 Mr. Xxxxxxx Xxxxx , 2006
Term, Position and Duties. (a) Subject to earlier termination as hereafter provided, your employment shall continue through December 31, 2009, and will be automatically extended for one year on January 1, 2010 and on each succeeding January 1 unless previously terminated in writing by you or an expressly authorized representative of the Company. The term of this Agreement, as from time to time extended is hereafter referred to as “the term of this agreement” or “the term hereof”. You will be employed by the Company as its Managing Director. You will report to the Management Committee of the Company (the “Committee”).
(b) You agree to perform the duties of your position and such other duties as may reasonably be assigned to you from time to time including, but not limited to: structuring various types of collateralized loan obligation (“CLO”) funds, synthetic collateralized debt obligation (“CDO”) funds, and other credit-based funds (collectively “Funds”) as directed by the Committee; implementing and investing “warehouse” lines; negotiating, documenting, and selling debt and equity securities of Funds; and purchasing and trading non-investment grade loans, high yield bonds, and other permitted securities on behalf of Funds. You also agree that you will devote your full business time and your best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and its Affiliates.
(c) From time to time, you may be employed by one or more Affiliates of the Company in a similar capacity to your employment with the Company. The terms and conditions of your employment by such Affiliates will be the same as the terms and conditions of your employment with the Company, except that your aggregate compensation and benefits will not exceed the amounts set forth in Section 2 of this agreement. In that regard, that portion of the compensation and benefits that are allocable to your services to an Affiliate shall be the responsibility of the Affiliate, though we note 000 Xxxxxxx Xxxxxx, 0xx Floor • New York, NY 10017 Xx. X.X. Xxxxxxxx, III Page 2 , 2006 the Company intends to provide benefits provided to employees generally on a centralized basis among its Affiliates. To the extent that you are employed by an Affiliate, references in this agreement to the Company shall mean the Affiliate, where appropriate. To effectuate such employment with any Affiliate, the Affiliate will provide to you a letter confirming your employment status. The ...
Term, Position and Duties. (a) Subject to earlier termination as hereafter provided, your employment shall continue through December 31, 2011, and will be automatically extended for one year on January 1, 2012 and on each succeeding January 1 unless previously terminated in writing by you or an expressly authorized representative of the Company. The term of this agreement, as from time to time extended is hereafter referred to as “the term of this agreement” or “the term hereof”. You will be employed by the Company as its President. You will report to the Management Committee of the Company (the “Committee”). You will continue to serve as Vice President of Kohlberg Capital as those duties, responsibilities and compensation are outlined in the Kohlberg Agreement.
(b) You agree to perform the duties of your position and such other duties as may reasonably be assigned to you from time to time including, but not limited to: management of the entire KDA platform, structuring various types of collateralized loan obligation (“CLO”) funds, synthetic collateralized debt obligation (“CDO”) funds, and other credit-based funds (collectively “Funds”) as directed by the Committee; implementing and investing “warehouse” lines; negotiating, documenting, and selling debt and equity securities of Funds; and purchasing and trading non-investment grade loans, high yield bonds, and other permitted securities on behalf of Funds. Additionally, you will be responsible for overseeing, but not the day-to-day management, of the Katonah Xxxxx’x Cove business. You will also be responsible for increasing assets under management for all of the KDA platforms which may entail initiating and structuring strategic acquisitions and other initiatives. You also agree that you will devote your full business time and your best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and its Affiliates. Xx. X.X. Xxxxxxxx, III August 5, 2009
(c) From time to time, you may be employed by one or more Affiliates of the Company in a similar capacity to your employment with the Company. The terms and conditions of your employment by such Affiliates will be the same as the terms and conditions of your employment with the Company, except that your aggregate compensation and benefits will not exceed the amounts set forth in Section 2 of this agreement. In that regard, that portion of the compensation and benefits that are allocable to your services to an Affiliate s...
Term, Position and Duties. Your title will continue to be “Vice President” and you will serve at the pleasure of the Board of Directors (the “Board”). This agreement will terminate in accordance with the provisions of Section 5 herein. You agree to the perform the duties as may be reasonably assigned to you from time to time including, but not limited to, advising the Company on its investment in various collateralized loan obligation funds, synthetic debt obligation funds and other credit based funds (together, the “Funds”), as directed by the Board or the Chief Executive Officer of the Company.
Term, Position and Duties. (a) Unless earlier terminated in accordance with Section 4 of this Agreement, the initial term of employment (the “Initial Term”) under this Agreement shall be for a three-year period commencing on the Effective Date. The term of employment shall be automatically extended for an additional consecutive 12-month period (the “Extended Term”) beginning on the third anniversary of the Effective Date and on each applicable anniversary of the Effective Date thereafter, unless and until the Company or Executive provides written notice to the other party not less than ninety (90) days before the applicable anniversary date that such party is electing not to extend the term of employment under this Agreement, in which case the term of this Agreement shall end as of the end of such Initial Term or Extended Term, as the case may be, unless sooner terminated in accordance with Section 4 of this Agreement.
(b) Upon the terms and subject to the conditions set forth in this Agreement, the Company hereby offers and the Executive hereby accepts employment with the Company to serve as its Chief Executive Officer, reporting to the Company’s Board of Directors. The Executive agrees to perform the duties of the Executive’s position and such other duties as reasonably may be assigned to the Executive from time to time. Except with respect to the noncompetitive endeavors disclosed in writing to the Board in connection with the execution of this Agreement (and provided such endeavors do not, individually or in the aggregate, interfere with the Executive’s duties and responsibilities hereunder or breach any of the provisions of this Agreement (other than the provisions of this paragraph) or the Employee Non-Solicitation, Non-Competition, Confidential Information and Inventions Assignment Agreement referenced below), the Executive also agrees that while employed by the Company, the Executive will devote one hundred percent (100%) of the Executive’s business time and the Executive’s reasonable commercial efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and to the discharge of the Executive’s duties and responsibilities for it. Subject to prior approval of the Board of Directors, the Executive may join the board of directors or advisory committee of up to two companies (inclusive of any such board or committee approved pursuant to the immediately 77178035_7
Term, Position and Duties. The term of this Agreement shall commence on the date hereof and end on the sixth anniversary of the date hereof unless terminated prior to such date in accordance with the terms of this Agreement. The Executive shall serve as the Chief Executive Officer and President of the Company and Chairman of its Board of Directors (the “Board”), and shall have supervision and control over and responsibility for the day-to-day business and affairs of the Company and shall have such other additional powers and duties as may from time to time be prescribed by the Board. The Executive shall devote his full working time and efforts to the business and affairs of the Company.
Term, Position and Duties. 1.1 Shall be deleted, and replaced with the following:
Term, Position and Duties. As of the Effective Date, Executive will serve as the Taleo’s executive Chairman of the Board. Executive will be a full-time employee of the Company and will render such business and professional services as will reasonably be assigned to him by the Taleo’s Chief Executive Officer (“CEO”) or Board of Directors (the “Board”), including serving as a senior advisor to the CEO, and providing executive sponsorship for sales opportunities or any special project as directed by the CEO. The period of Executive’s employment under this Agreement shall commence on the Effective Date and continue through December 31, 2006, and is referred to herein as the “Employment Term.” The Executive’s services shall be performed at the Company’s offices in Qxxxxx, XX, Xxxxxx.
Term, Position and Duties. (a) Subject to earlier termination as hereafter provided, your employment shall continue through December 31, 2013, and will be automatically extended for one year on January 1, 2014 and on each succeeding January 1 unless previously terminated by nonrenewal in writing by you or an expressly authorized representative of the Company, in either case, on not less than thirty (30) days written notice. The term of this agreement, as from time to time extended is hereafter referred to as “the term of this agreement” or “the term hereof”. You will be employed as a Director of Portfolio Administration of the Company and of Kohlberg Capital. You will report to the Portfolio Manager or Managers of various funds managed by the Company and any of its affiliates. You will also serve at-will as Chief Compliance Officer and Vice President of Kohlberg Capital.
(b) You agree to perform the duties of your positions and such other duties as may reasonably be assigned to you from time to time including, but not limited to overseeing trade settlement, trustee reporting, and other documentation concerning loans, bonds, and other instruments purchased or held by various types of collateralized loan obligation (“CLO”) funds, synthetic collateralized debt obligation (“CDO”) funds, and other credit-based funds (collectively “Funds”) as directed by the Portfolio Manager. You also agree that you will devote your full business time and your best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company, Kohlberg Capital and their Affiliates.
Term, Position and Duties. The term of this Agreement shall commence on the date hereof and end on the third anniversary of the date hereof unless terminated prior to such date in accordance with the terms of this Agreement. The Executive agrees to serve as the Chief Executive Officer and President of the Company and shall have supervision and control over and responsibility for the day‑to‑day business and affairs of the Company and shall have such other additional powers and duties as may from time to time be prescribed by the Board. The Executive shall devote his full working time and efforts to the business and affairs of the Company. The Executive shall also serve as a member of the Board as a Class II Director until the next annual meeting of the Company’s stockholders at which directors are elected by the Company’s stockholders. During the term of this Agreement, the Executive shall be nominated as a candidate for re-election as a member of the Board in accordance with the Company’s organizational documents. The Executive agrees that he will receive no additional compensation as a member of the Board and will resign from the Board, and all committees thereof, if applicable, upon termination of his employment hereunder.
