Common use of THE EMPLOYEE’S DUTIES AND OBLIGATIONS Clause in Contracts

THE EMPLOYEE’S DUTIES AND OBLIGATIONS. 2.1 The Employee shall be employed as CEO of the Company and shall report to the Board of Directors of the Company. 2.2 During the term of this Employment Agreement and unless and until otherwise agreed in writing, the Employee shall be employed on the basis of 60% of his working time. The employee shall devote his business time, attention and efforts to the performance of his duties and responsibilities under this Employment Agreement and the business and affairs of the Company and shall perform such duties diligently and promptly for the benefit of the Company. 2.3 The Employee shall render his services to the Company in a faithful, responsible and competent manner, all in accordance with the terms and conditions of the Employment Agreement and the Company’s policies and procedures as may be in effect from time to time. 2.4 Attached hereto, as integral part hereof and marked Appendix A is a statement of employment conditions according to the Statement to Employee (Working Conditions), 5762-2002 law and the related regulations. 2.5 Except as set out in Appendix B hereto, the Employee shall not, during the term of this Employment Agreement, engage directly or indirectly in rendering services of a business, professional or commercial nature to any other person, firm, or corporation, whether or not such services are rendered for gain, profit or other pecuniary advantage without the prior written notification to the Company. 2.6 The Employee shall use his best endeavors to promote the interests of the Company. The Employee shall use his best endeavors to protect the good name of the Company and shall not perform any act that shall bring the Company into disrepute or breach of third parties rights. 2.7 In the event that the Employee shall discover that he has or might have at some point in the future, any direct or indirect personal interest in any of the Company’s business or a conflict of interest with the duties required of him by virtue of his employment with the Company, immediately upon such discovery, the Employee shall so inform the Board of Directors in writing. 2.8 During the term of this Employment Agreement the Employee shall not directly or indirectly accept any commission, rebate, discount, or gratuity in cash or in kind, from any person who has or is likely to have a business relationship with the Company. 2.9 The Employee hereby acknowledges that working in the Company may require frequent travels outside Israel for lengthy and successive periods and hereby undertakes to abide by the traveling requirements of the Company as they will be communicated to the Employee from time to time by the Company. 2.10 The place of employment will be Kiryat Shmona. The Company shall have the right to change the place of employment without the consent of the Employee to a place within a radius of 40 km from Kiryat Shmona and if the Employee resigns because of this change, he shall not be entitled to severance pay from the Company.

Appears in 3 contracts

Samples: Confidentiality Agreement, Collaboration Agreement (CollPlant Holdings Ltd.), Confidentiality Agreement (CollPlant Holdings Ltd.)

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THE EMPLOYEE’S DUTIES AND OBLIGATIONS. 2.1 The Employee shall be employed from October 14th, 2003 (hereinafter “Date of Commencement of Employment”) serve as CEO of the Company R&D engineer and shall report to the Board of Directors of Dx. Xxxxxx Xxxxx. The Employee shall observe and comply with all resolutions, regulations and directions from time to time made or given by the Company. 2.2 During The six month period commencing from the term Date of this Commencement of Employment Agreement and unless and until otherwise agreed in writing, the shall be considered to be a trial period (“Trial Period”). 2.3 The Employee shall be employed on use his best endeavors to promote the basis interests of 60% the Company. The Employee shall devote all of his working time. The employee shall devote his business and professional time, attention attention, energy, skill, learning and best efforts to the performance of his duties and responsibilities under this Employment Agreement and the business and affairs of the Company and shall perform his duties provided for hereunder at such duties diligently locations as is directed by the Company. The Employee shall use his best endeavors to protect the good name of the Company and promptly for shall not perform any act that shall bring the benefit Company into disrepute. 2.4 In the event that the Employee shall discover that he has or might have or might have at some point in the future any direct or indirect personal interest in any of the Company’s business or a conflict of interest with the duties required of him by virtue of his employment with the Company, immediately upon such discovery the Employee shall so inform the board of directors of the Company in writing. 2.3 2.5 The Employee shall render his services to the Company in a faithful, responsible and competent manner, all in accordance with the terms and conditions of the Employment Agreement and the Company’s policies and procedures as may be in effect from time to time. 2.4 Attached hereto, as integral part hereof and marked Appendix A is a statement of employment conditions according to the Statement to Employee (Working Conditions), 5762-2002 law and the related regulations. 2.5 Except as set out in Appendix B hereto, the Employee shall not, not during the term of this Employment Agreement, Agreement engage directly or indirectly in rendering services of a business, professional or commercial nature to any other person, firm, or corporation, whether or not such services are rendered for gain, profit or other pecuniary advantage without the prior written notification to the Companyadvantage. 2.6 The Employee shall use his best endeavors to promote the interests of the Company. The Employee shall use his best endeavors to protect the good name of the Company and shall not perform any act that shall bring the Company into disrepute or breach of third parties rights. 2.7 In the event that the Employee shall discover that he has or might have at some point in the future, any direct or indirect personal interest in any of the Company’s business or a conflict of interest with the duties required of him by virtue of his employment with the Company, immediately upon such discovery, the Employee shall so inform the Board of Directors in writing. 2.8 During the term of this Employment Agreement the Employee shall not directly or indirectly accept any commission, rebate, discount, or gratuity in cash or in kind, from any person who has or is likely to have a business relationship with the Company. 2.9 The Employee hereby acknowledges that working in the Company may require frequent travels outside Israel for lengthy and successive periods and hereby undertakes to abide by the traveling requirements of the Company as they will be communicated to the Employee from time to time by the Company. 2.10 The place of employment will be Kiryat Shmona. The Company shall have the right to change the place of employment without the consent of the Employee to a place within a radius of 40 km from Kiryat Shmona and if the Employee resigns because of this change, he shall not be entitled to severance pay from the Company.

Appears in 1 contract

Samples: Employment Agreement (Mobileye N.V.)

THE EMPLOYEE’S DUTIES AND OBLIGATIONS. 2.1 The Employee shall be employed from 1.8.99 (hereinafter “Date of Commencement of Employment”) serve as CEO of the Company R&D Engineer and shall report to the Board of Directors of VP R&D. The Employee shall observe and comply with all resolutions, regulations and directions from time to time made or given by the Company. 2.2 During The six month period commencing from the term Date of this Commencement of Employment Agreement and unless and until otherwise agreed in writing, the shall be considered to be a trial period (“Trial Period”). 2.3 The Employee shall be employed on use his best endeavors to promote the basis interests of 60% the Company. The Employee shall devote all of his working time. The employee shall devote his business and professional time, attention attention, energy, skill, learning and best efforts to the performance of his duties and responsibilities under this Employment Agreement and the business and affairs of the Company and shall perform his duties provided for hereunder at such duties diligently locations as is directed by the Company. The Employee shall use his best endeavors to protect the good name of the Company and promptly for shall not perform any act that shall bring the benefit Company into disrepute. 2.4 In the event that the Employee shall discover that he has or might have or might have at some point in the future any direct or indirect personal interest in any of the Company’s business or a conflict of interest with the duties required of him by virtue of his employment with the Company, immediately upon such discovery the Employee shall so inform the board of directors of the Company in writing. 2.3 2.5 The Employee shall render his services to the Company in a faithful, responsible and competent manner, all in accordance with the terms and conditions of the Employment Agreement and the Company’s policies and procedures as may be in effect from time to time. 2.4 Attached hereto, as integral part hereof and marked Appendix A is a statement of employment conditions according to the Statement to Employee (Working Conditions), 5762-2002 law and the related regulations. 2.5 Except as set out in Appendix B hereto, the Employee shall not, not during the term of this Employment Agreement, Agreement engage directly or indirectly in rendering services of a business, professional or commercial nature to any other person, firm, or corporation, whether or not such services are rendered for gain, profit or other pecuniary advantage without the prior written notification to the Companyadvantage. 2.6 The Employee shall use his best endeavors to promote the interests of the Company. The Employee shall use his best endeavors to protect the good name of the Company and shall not perform any act that shall bring the Company into disrepute or breach of third parties rights. 2.7 In the event that the Employee shall discover that he has or might have at some point in the future, any direct or indirect personal interest in any of the Company’s business or a conflict of interest with the duties required of him by virtue of his employment with the Company, immediately upon such discovery, the Employee shall so inform the Board of Directors in writing. 2.8 During the term of this Employment Agreement the Employee shall not directly or indirectly accept any commission, rebate, discount, or gratuity in cash or in kind, from any person who has or is likely to have a business relationship with the Company. 2.9 The Employee hereby acknowledges that working in the Company may require frequent travels outside Israel for lengthy and successive periods and hereby undertakes to abide by the traveling requirements of the Company as they will be communicated to the Employee from time to time by the Company. 2.10 The place of employment will be Kiryat Shmona. The Company shall have the right to change the place of employment without the consent of the Employee to a place within a radius of 40 km from Kiryat Shmona and if the Employee resigns because of this change, he shall not be entitled to severance pay from the Company.

Appears in 1 contract

Samples: Employment Agreement (Mobileye N.V.)

THE EMPLOYEE’S DUTIES AND OBLIGATIONS. 2.1 2.1. The Employee shall be employed from 05/02/2017 (hereinafter “Date of Commencement of Employment”) serve as CEO of the Company Junior PM and shall report to the Board of Directors of Tal B. The Employee shall observe and comply with all resolutions, regulations and directions from time to time made or given by the Company. 2.2 During 2.2. The six month period commencing from the term Date of this Commencement of Employment Agreement and unless and until otherwise agreed in writing, the shall be considered to be a trial period (“Trial Period”). 2.3. The Employee shall be employed on use his best endeavors to promote the basis interests of 60% the Company. The Employee shall devote all of his working time. The employee shall devote his business and professional time, attention attention, energy, skill, learning and best efforts to the performance of his duties and responsibilities under this Employment Agreement and the business and affairs of the Company and shall perform his duties provided for hereunder at such duties diligently locations as is directed by the Company. The Employee shall use his best endeavors to protect the good name of the Company and promptly for shall not perform any act that shall bring the benefit Company into disrepute. 2.4. In the event that the Employee shall discover that he has or might have at some point in the future any direct or indirect personal interest in any of the Company’s business or a conflict of interest with the duties required of him by virtue of his employment with the Company, immediately upon such discovery the Employee shall so inform the board of directors of the Company in writing. 2.3 2.5. The Employee shall render his services to the Company in a faithful, responsible and competent manner, all in accordance with the terms and conditions of the Employment Agreement and the Company’s policies and procedures as may be in effect from time to time. 2.4 Attached hereto, as integral part hereof and marked Appendix A is a statement of employment conditions according to the Statement to Employee (Working Conditions), 5762-2002 law and the related regulations. 2.5 Except as set out in Appendix B hereto, the Employee shall not, not during the term of this Employment Agreement, Agreement engage directly or indirectly in rendering services of a business, professional or commercial nature to any other person, firm, or corporation, whether or not such services are rendered for gain, profit or other pecuniary advantage without the prior written notification to the Companyadvantage. 2.6 The Employee shall use his best endeavors to promote the interests of the Company2.6. The Employee shall use his best endeavors to protect the good name of the Company and shall not perform any act that shall bring the Company into disrepute or breach of third parties rights. 2.7 In the event that the Employee shall discover that he has or might have at some point in the future, any direct or indirect personal interest in any of the Company’s business or a conflict of interest with the duties required of him by virtue of his employment with the Company, immediately upon such discovery, the Employee shall so inform the Board of Directors in writing. 2.8 During the term of this Employment Agreement the Employee shall not directly or indirectly accept any commission, rebate, discount, or gratuity in cash or in kind, from any person who has or is likely to have a business relationship with the Company. 2.9 The Employee hereby acknowledges that working in the Company may require frequent travels outside Israel for lengthy and successive periods and hereby undertakes to abide by the traveling requirements of the Company as they will be communicated to the Employee from time to time by the Company. 2.10 The place of employment will be Kiryat Shmona. The Company shall have the right to change the place of employment without the consent of the Employee to a place within a radius of 40 km from Kiryat Shmona and if the Employee resigns because of this change, he shall not be entitled to severance pay from the Company.

Appears in 1 contract

Samples: Employment Agreement (Mobileye Global Inc.)

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THE EMPLOYEE’S DUTIES AND OBLIGATIONS. 2.1 The Employee shall be employed from Oct. 1, 2000 (hereinafter “Date of Commencement of Employment”) serve as CEO of the Company ASIC and shall report to the Board of Directors of CEO. The Employee shall observe and comply with all resolutions, regulations and directions from time to time made or given by the Company. 2.2 During The six month period commencing from the term Date of this Commencement of Employment Agreement and unless and until otherwise agreed in writing, the Employee shall be employed on the basis of 60% of his working time. The employee shall devote his business time, attention and efforts considered to the performance of his duties and responsibilities under this Employment Agreement and the business and affairs of the Company and shall perform such duties diligently and promptly for the benefit of the Companybe a trial period (“Trial Period”). 2.3 The Employee shall render his services to the Company in a faithful, responsible and competent manner, all in accordance with the terms and conditions of the Employment Agreement and the Company’s policies and procedures as may be in effect from time to time. 2.4 Attached hereto, as integral part hereof and marked Appendix A is a statement of employment conditions according to the Statement to Employee (Working Conditions), 5762-2002 law and the related regulations. 2.5 Except as set out in Appendix B hereto, the Employee shall not, during the term of this Employment Agreement, engage directly or indirectly in rendering services of a business, professional or commercial nature to any other person, firm, or corporation, whether or not such services are rendered for gain, profit or other pecuniary advantage without the prior written notification to the Company. 2.6 The Employee shall use his best endeavors to promote the interests of the Company. The Employee shall devote all of his business and professional time, attention, energy, skill, learning and best efforts to the affairs of the Company and shall perform his duties provided for hereunder at such locations as is directed by the Company. The Employee shall use his best endeavors to protect the good name of the Company and shall not perform any act that shall bring the Company into disrepute or breach of third parties rightsdisrepute. 2.7 2.4 In the event that the Employee shall discover that he has or might have or might have at some point in the future, future any direct or indirect personal interest in any of the Company’s business or a conflict of interest with the duties required of him by virtue of his employment with the Company, immediately upon such discovery, discovery the Employee shall so inform the Board board of Directors directors of the Company in writing. 2.8 During 2.5 The Employee shall not during the term of this Employment Agreement the engage directly or indirectly in rendering services of a business, professional or commercial nature to any other person, firm or corporation, whether or not such services are rendered for gain, profit or other pecuniary advantage. 2.6 The Employee shall not directly or indirectly accept any commission, rebate, discount, or gratuity in cash or in kind, from any person who has or is likely to have a business relationship with the Company. 2.9 The Employee hereby acknowledges that working in the Company may require frequent travels outside Israel for lengthy and successive periods and hereby undertakes to abide by the traveling requirements of the Company as they will be communicated to the Employee from time to time by the Company. 2.10 The place of employment will be Kiryat Shmona. The Company shall have the right to change the place of employment without the consent of the Employee to a place within a radius of 40 km from Kiryat Shmona and if the Employee resigns because of this change, he shall not be entitled to severance pay from the Company.

Appears in 1 contract

Samples: Employment Agreement (Mobileye N.V.)

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