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 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

Appears in 1 contract

Samples: Employment Agreement (Kohlberg Capital, LLC)

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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 Investment Officer. You will report to the Company’s Chief Executive Officer of the Company Officer, 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 sourcing, analyzing investments 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 investing in investment decision-making and strategic planning processes, debt securities as directed by the Chief Executive Officer Board; implementing and the Boardinvesting “warehouse” lines; negotiating, documenting, 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. 000 Xxxxxxx Xxxxxx, 0xx Floor Xxxxx New YorkXxx Xxxx, NY 10017 Mr. XX 00000 Xx. Xxx Xxxxxxx Xxxxx Page 2 , 2006

Appears in 1 contract

Samples: Employment Agreement (Kohlberg Capital, LLC)

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, 20082010, and will be automatically extended for one year on January 1, 2009 2011 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 Executive Officer. You will report to the Chief Executive Officer Board of Directors 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 investing in debt and maintenance equity securities 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 processesmiddle market companies, as directed by the Chief Executive Officer Board; implementing and investing “warehouse” lines; negotiating, documenting, and selling debt and equity securities of the BoardCompany; and purchasing and trading non-investment grade loans, high yield bonds, and other permitted securities on behalf of the Company. 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 YorkXxxxx ● Xxx Xxxx, NY 10017 Mr. XX 00000 Xx. Xxxx Xxxxxxx Xxxxx August 5, 20062009

Appears in 1 contract

Samples: Employment Agreement (Kohlberg Capital CORP)

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, 20082010, and will be automatically extended for one year on January 1, 2009 2011 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 Investment Officer. You will report to the Company’s Chief Executive Officer of the Company Officer, 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 sourcing, analyzing investments 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 investing in investment decision-making and strategic planning processes, debt securities as directed by the Chief Executive Officer Board; implementing and the Boardinvesting “warehouse” lines; negotiating, documenting, 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. 000 Xxxxxxx Xxxxxx, 0xx Floor • New YorkXxxxx ● Xxx Xxxx, NY 10017 Mr. XX 00000 Xx. Xxx Xxxxxxx Xxxxx , 2006Page

Appears in 1 contract

Samples: Employment Agreement (Kohlberg Capital CORP)

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, 20082013, and will be automatically extended for one year on January 1, 2009 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 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 Financial Investment Officer. You will report to the Company’s Chief Executive Officer of the Company Officer, 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 sourcing, analyzing investments 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 investing in investment decision-making and strategic planning processes, debt securities as directed by the Chief Executive Officer Board; implementing and the Boardinvesting “warehouse” lines; negotiating, documenting, 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. 000 200 Xxxxxxx Xxxxxx, 0xx Floor • New YorkXxxxx ● Nxx Xxxx, NY 10017 Mr. XX 00000 Mx. Xxx Xxxxxxx Xxxxx June 27, 20062012

Appears in 1 contract

Samples: Employment Agreement (KCAP Financial, Inc.)

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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, 20082013, and will be automatically extended for one year on January 1, 2009 2014 and on each succeeding January 1 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 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 Financial Executive Officer. You will report to the Chief Executive Officer Board of Directors 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 investing in debt and maintenance equity securities 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 processesmiddle market companies, as directed by the Chief Executive Officer Board; implementing and investing “warehouse” lines; negotiating, documenting, and selling debt and equity securities of the BoardCompany; and purchasing and trading non investment grade loans, high yield bonds, and other permitted securities on behalf of the Company. 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.

Appears in 1 contract

Samples: Employment Agreement (KCAP Financial, Inc.)

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, 20082010, and will be automatically extended for one year on January 1, 2009 2011 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 YorkXxxxx ● Xxx Xxxx, NY 10017 Mr. Xxxxxxx Xxxxx XX 00000 August 5, 20062009

Appears in 1 contract

Samples: Employment Agreement (Kohlberg Capital CORP)

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 Executive Officer. You will report to the Chief Executive Officer Board of Directors 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 investing in debt and maintenance equity securities 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 processesmiddle market companies, as directed by the Chief Executive Officer Board; implementing and investing “warehouse” lines; negotiating, documenting, and selling debt and equity securities of the BoardCompany; and purchasing and trading non-investment grade loans, high yield bonds, and other permitted securities on behalf of the Company. 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 Xxxxx New YorkXxx Xxxx, NY 10017 Mr. XX 00000 Xx. Xxxx Xxxxxxx Xxxxx , 2006

Appears in 1 contract

Samples: Employment Agreement (Kohlberg Capital, LLC)

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