Common use of Term, Position and Duties Clause in Contracts

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 I 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 by the Company as its President and Chief Executive Officer. You will report to the Board of Directors of the Company (the “Board”).

Appears in 1 contract

Samples: KCAP Financial, Inc.

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Term, Position and Duties. (a) Subject to earlier termination as hereafter provided, your employment shall continue through December 31, 20132008, and will be automatically extended for one year on January 1, 2014 2009 and on each succeeding January I 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 agreementAgreement, 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 and Chief Executive Officer. You will report to the Board of Directors of the Company (the “Board”).

Appears in 1 contract

Samples: Kohlberg Capital, LLC

Term, Position and Duties. (a) Subject to earlier termination as hereafter provided, your employment shall continue through December 31, 20132010, and will be automatically extended for one year on January 1, 2014 2011 and on each succeeding January I 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 agreementAgreement, 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 Vice President and Chief Executive Investment Officer. You will report to the Company’s Chief Executive Officer, under the supervision of the Board of Directors of the Company (the “Board”).

Appears in 1 contract

Samples: Kohlberg Capital CORP

Term, Position and Duties. (a) Subject to earlier termination as hereafter provided, your employment shall continue through December 31, 20132010, and will be automatically extended for one year on January 1, 2014 2011 and on each succeeding January I 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 agreementAgreement, 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 and Chief Executive Officer. You will report to the Board of Directors of the Company (the “Board”).

Appears in 1 contract

Samples: Kohlberg Capital CORP

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Term, Position and Duties. (a) Subject to earlier termination as hereafter provided, your employment shall continue through December 31, 20132010, and will be automatically extended for one year on January 1, 2014 2011 and on each succeeding January I 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 agreementAgreement, 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 Executive Financial Officer. You will report to the Chief Executive Officer of the Company under the supervision of the Board of Directors of the Company (the “Board”).

Appears in 1 contract

Samples: Kohlberg Capital CORP

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