Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees to the terms and conditions hereinafter set forth. In this capacity, Executive shall have the duties, authorities and responsibilities that are designated from time to time by the Company’s Board of Directors (the “Board”) and commensurate with his title. In performing his duties under this Agreement, Executive shall report to the Board. (b) Executive accepts such employment and agrees, during the term of his employment, to devote the majority of his full business and professional time and energy to the Company. Executive agrees to carry out and abide by all lawful directions of the Board and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the Board. (c) Without limiting the generality of the foregoing, Executive shall not, without the written approval of the Board, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s personal investments, so long as such activities in the aggregate do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding the foregoing, Executive shall be able to engage in the following activities listed in Exhibit A.
Appears in 4 contracts
Samples: Employment Agreement (P10, Inc.), Employment Agreement (P10, Inc.), Employment Agreement (P10, Inc.)
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to continue to employ Executive as CEO. In this capacity, Executive shall have the duties, authorities and responsibilities that are designated from time to time by commensurate with the Company’s duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, and such other duties, authorities and responsibilities as the Board of Directors of the Company (the “Board”) and commensurate shall designate from time to time that are not inconsistent with his titleExecutive’s position as CEO. In performing his duties under this Agreement, Executive shall report directly to the Board and the Chairman of the Board. All employees of the Company shall report directly to Executive or her designee.
(b) Executive accepts such employment and agrees, during the term of his her employment, to devote the majority of his her full business and professional time and energy to the Company. Executive agrees to carry out and abide by all lawful directions of the Board and to comply the Chairman of the Board that are consistent with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, her position as Chief Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the BoardOfficer.
(c) Without limiting the generality of the foregoing, Executive shall not, without the written approval of the BoardCompany, render services of a business or commercial nature on his her own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his her employment hereunder; , provided that the foregoing shall not prevent Executive from (i) serving on the boards of directors of, or holding any other offices or positions in of non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s passive personal investments, investments so long as such activities in the aggregate do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict.
(d) Executive may own passive investments in Competing Businesses, defined below, (including, but not limited to, indirect investments through mutual funds), provided the securities of the Competing Business are publicly traded and Executive does not own or control more than one percent (1%) of the outstanding voting rights or equity of the Competing Business. Notwithstanding “Competing Business” means any corporation, partnership, limited liability company, university, government agency or other entity or person (other than the foregoing, Executive shall be able to engage Company) which is engaged in the following activities listed development, manufacture, marketing, distribution or sale of, or research directed to aerospace and defense systems and in Exhibit A.the Eastern Sacramento area, real estate development.
Appears in 2 contracts
Samples: Employment Agreement (Aerojet Rocketdyne Holdings, Inc.), Employment Agreement (Aerojet Rocketdyne Holdings, Inc.)
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ Executive as CEO. In this capacity, Executive shall have the duties, authorities and responsibilities that are designated from time to time by commensurate with the Company’s duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, and such other duties, authorities and responsibilities as the Board of Directors of the Company (the “Board”) and commensurate shall designate from time to time that are not inconsistent with his titlethe Executive’s position as CEO. In performing his duties under this Agreement, Executive shall report directly to the Board and the Chairman of the Board. All employees of the Company shall report directly to Executive or his designee.
(b) Executive accepts such employment and agrees, during the term of his employment, to devote the majority of his full business and professional time and energy to the Company. Executive agrees to carry out and abide by all lawful directions of the Board and to comply the Chairman of the Board that are consistent with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, his position as Chief Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the BoardOfficer.
(c) Without limiting the generality of the foregoing, Executive shall not, without the written approval of the BoardCompany, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; , provided that the foregoing shall not prevent the Executive from (i) serving on the boards of directors of, or holding any other offices or positions in of non-profit organizations and, with the prior written approval of the Board, other for-for profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s passive personal investments, investments so long as such activities in the aggregate do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict.
(d) Executive may own passive investments in Competing Businesses, defined below, (including, but not limited to, indirect investments through mutual funds), provided the securities of the Competing Business are publicly traded and Executive does not own or control more than one percent (1%) of the outstanding voting rights or equity of the Competing Business. Notwithstanding “Competing Business” means any corporation, partnership, limited liability company, university, government agency or other entity or person (other than the foregoing, Executive shall be able to engage Company) which is engaged in the following activities listed development, manufacture, marketing, distribution or sale of, or research directed to aerospace and defense systems and in Exhibit A.the Eastern Sacramento area, real estate development.
Appears in 2 contracts
Samples: Transition and General Release Agreement (Aerojet Rocketdyne Holdings, Inc.), Employment Agreement (Gencorp Inc)
Title and Job Duties. (a) The During the Term, the Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees to the terms and conditions hereinafter set forth. In this capacity, Executive shall have the duties, authorities and responsibilities that are designated from time to time by the Company’s Board of Directors (the “Board”) and commensurate with his title. In performing his duties under this Agreement, Executive shall report to the Board.
(b) Executive accepts such employment and agrees, during the term Term of his employment, to devote the majority of his full business and professional time and energy to the Company. Executive agrees to carry out and abide by all lawful directions of the Board and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or and/or hereafter established by Company. In addition, Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the Board, including without limitation as an executive of P10.
(c) Without limiting the generality of the foregoing, during the Term, Executive shall not, without the written approval of the Board, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive from (i) serving on the boards of directors of, of or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s personal investments, so long as such activities in the aggregate do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding the foregoing, Executive shall be able to engage in the following activities listed in Exhibit A.
Appears in 1 contract
Samples: Employment Agreement (P10, Inc.)
Title and Job Duties. (a) The During the Term, the Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees to the terms and conditions hereinafter set forth. In this capacity, Executive shall have the duties, authorities and responsibilities that are designated from time to time by the Company’s Board of Directors (the “Board”) and commensurate with his title. In performing his duties under this Agreement, Executive shall report to the Board.. 4000-0000-0000.8
(b) Executive accepts such employment and agrees, during the term Term of his employment, to devote the majority of his full business and professional time and energy to the Company. Executive agrees to carry out and abide by all lawful directions of the Board and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or and/or hereafter established by Company. In addition, Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the Board, including without limitation as an executive of P10.
(c) Without limiting the generality of the foregoing, during the Term, Executive shall not, without the written approval of the Board, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive from (i) serving on the boards of directors of, of or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s personal investments, so long as such activities in the aggregate do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding the foregoing, Executive shall be able to engage in the following activities listed in Exhibit A.
Appears in 1 contract
Samples: Employment Agreement (P10, Inc.)
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ Employee as interim CEO, effective as of April 1, 2019 (the “Effective Date”). In this capacity, Executive Employee shall have the duties, authorities and responsibilities that are designated from time to time by the Company’s Board of Directors (the “Board”) and commensurate with his title. In performing his duties under this Agreement, Executive Employee shall report to the Board.
(b) Executive Employee accepts such employment and agrees, during the term of his employment, to devote the majority of his full business and professional time and energy to the Company. Executive Employee agrees to carry out and abide by all lawful directions of the Board and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive Employee agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the Board.
(c) Without limiting the generality of the foregoing, Executive Employee shall not, without the written approval of the Board, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive Employee from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing ExecutiveEmployee’s personal investments, so long as such activities in the aggregate do not materially interfere or conflict with ExecutiveEmployee’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding the foregoing, Executive Employee shall be able to engage in the following activities listed in Exhibit A.
Appears in 1 contract
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, during the Term (as defined below), the Company agrees to employ Executive as Chief Revenue Officer of the Company. In this capacity, Executive shall have the duties, authorities be responsible for (i) developing and responsibilities that are designated from time to time by implementing long term sales and revenue growth strategies for the Company’s Board , (ii) leadership and direction of Directors Software Development and Information Technology operations of the Company, and (iii) expenditures and staffing needs in the functional areas of sales, customer support and outreach, partner & channel development, product development and information technology. In addition, Executive will work alongside the Chief Executive Officer of the Company and the Chairman of the board of directors of the Company (the “Board”) and to develop strategic direction as well as corporate messaging for the Company. Executive’s duties shall be commensurate with his titlethose of persons in similar capacities in similarly-sized companies, and Executive shall have such other duties, authorities and responsibilities as the Chairman of the Board shall designate from time to time that are not inconsistent with Executive’s position. In performing his duties under this Agreement, Executive shall report to the Chairman of the Board.
(b) Executive accepts such employment with the Company and agrees, during the term of his employmentTerm, to devote the majority of his full business and professional time and energy to the Company. The Company and Executive agree that Executive will work out of his home office in Pennsylvania. Executive agrees to carry out and abide by all lawful directions of the Chairman of the Board and to comply that are consistent with all standards his position as Chief Revenue Officer of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by the Company. In addition, Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the Board.
(c) Without limiting the generality of the foregoing, Executive shall not, without the written approval of the Board, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunderthe Term; provided provided, that the foregoing shall not prevent Executive from (i) serving on the boards of directors of, or holding any other offices or positions in in, non-profit organizations and, with the prior written approval of the BoardCompany, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s passive personal investments, so long as such activities in the aggregate do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding conflict for Executive or the foregoing, Executive shall be able to engage in the following activities listed in Exhibit A.Company.
Appears in 1 contract
Samples: Employment Agreement (Cicero Inc)
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ Executive as Chief Operating Officer. In this capacity, Executive shall have the duties, authorities and responsibilities that are designated from time to time by as the Company’s Board of Directors (the “Board”) and commensurate with his titleshall designate from time to time. In performing his duties under this Agreement, Executive shall report to the Board.
(b) Executive accepts such employment and agrees, during the term of his employmentTerm (as defined below), to devote the majority of his full business and professional time and energy to the Company. Executive agrees to carry out and abide by all lawful directions of the Board and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the Board.
(c) Without limiting the generality of the foregoing, Executive shall not, without the written approval of the Board, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s passive personal investments, and (iv) participating, day to day, in the Executive’s wife’s pediatric practice, Sound Beach Pediatrics, LLC including, without limitation, the management and launch of a of newly formed business for the delivery of pediatric urgent care, as long as such activities under (iv) do not interfere with Executive’s responsibility to devote his full business and professional time and energy to the Company, and so long as such activities in the aggregate aggregate, (i)-(iv), do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding .
(d) Executive agrees that the foregoingCompany may, at any time and for any reason, remove the Executive shall from any directorship held with any subsidiary of the Company, and such removal will be able effective immediately upon written notice to engage the Executive unless stated otherwise in the following activities listed in Exhibit A.such notice.
Appears in 1 contract
Samples: Employment Agreement (Digirad Corp)
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ Employee as Chief Financial Officer. In this capacity, Executive Employee shall have the duties, authorities and responsibilities that are designated from time to time by the Company’s Board of Directors Chief Executive Officer (the “BoardCEO”) and commensurate with his her title. In performing his her duties under this Agreement, Executive Employee shall report to the BoardCEO.
(b) Executive Employee accepts such employment and agrees, during the term of his her employment, to devote the majority of his her full business and professional time and energy to the Company. Executive Employee agrees to carry out and abide by all lawful directions of the Board CEO and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive Employee agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the BoardCEO.
(c) Without limiting the generality of the foregoing, Executive Employee shall not, without the written approval of the BoardCEO, render services of a business or commercial nature on his her own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his her employment hereunder; provided that the foregoing shall not prevent Executive Employee from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing ExecutiveEmployee’s personal investments, so long as such activities in the aggregate do not materially interfere or conflict with ExecutiveEmployee’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding the foregoing, Executive Employee shall be able to engage in the following activities listed in Exhibit A.A so long as they continue not to materially interfere or conflict with Employee’s duties hereunder or create a potential business or fiduciary conflict.
Appears in 1 contract
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ you (“Employee”) as the Chief Operating Officer of the Company (“COO”) reporting to the Chief Financial Officer of Tech Corp. (the “CFO”), if any, or if there is no CFO, the Board of Directors of the Company (the “Board”). In this capacityhis capacity as COO, Executive the Employee shall have the duties, authorities and responsibilities that are as set forth in the Company bylaws, or as designated from time to time by the Company’s Board of Directors (the “CFO, CEO or Board”) and commensurate with his title. In performing his duties under this Agreement, Executive shall report to the Boardas applicable.
(b) Executive Employee accepts such employment and agrees, during the term of his employment, to devote the majority of his full business and professional time and energy to the Company. Executive The Employee agrees to carry out and abide by all lawful directions of the Board and to comply with all standards of performanceCFO, policies, and other rules and regulations heretofore established by Company and CEO or hereafter established by Company. In addition, Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the Board, as applicable.
(c) Without limiting the generality of the foregoing, Executive the Employee shall not, without the written approval of the CFO, CEO or the Board, as applicable, render services of a business or commercial nature on his Employee’s own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive from the Employee from: (i) serving on the boards of directors of, or holding any other offices or positions in of non-profit organizations and, with the prior written approval of from the BoardCompany, other for-for profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executivethe Employee’s passive personal investments, so long as such activities in the aggregate do not materially interfere or conflict with Executivethe Employee’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding the foregoing, Executive shall be able to engage in the following activities listed in Exhibit A..
Appears in 1 contract
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ Employee as Executive Vice President of Sales & Marketing. In this capacity, Executive Employee shall have the duties, authorities and responsibilities that are designated from time to time by the Company’s Board of Directors Chief Executive Officer (the “BoardCEO”) and commensurate with his title. In performing his duties under this Agreement, Executive Employee shall report to the BoardCEO.
(b) Executive Employee accepts such employment and agrees, during the term of his employment, to devote the majority of his full business and professional time and energy to the Company. Executive Employee agrees to carry out and abide by all lawful directions of the Board CEO and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive Employee agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the BoardCEO.
(c) Without limiting the generality of the foregoing, Executive Employee shall not, without the written approval of the BoardCEO, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive Employee from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing ExecutiveEmployee’s personal investments, so long as such activities in the aggregate do not materially interfere or conflict with ExecutiveEmployee’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding the foregoing, Executive Employee shall be able to engage in the following activities listed in Exhibit A.A so long as they continue not to materially interfere or conflict with Employee’s duties hereunder or create a potential business or fiduciary conflict.
Appears in 1 contract
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Financial Officer and the Executive, in such capacity, agrees to the terms and conditions hereinafter set forth. In this capacity, Executive shall have the duties, authorities and responsibilities that are designated from time to time by the Company’s Board of Directors Chief Executive Officer (the “BoardCEO”) and commensurate with his her title. In performing his her duties under this Employment Agreement, Executive shall report to the BoardCEO and otherwise will be subject to the direction and control of the CEO.
(b) Executive accepts such employment and agrees, during the term of his employment, to her employment to: (i) devote the majority of his her full business and professional time and energy to the Company. Executive agrees ; (ii) use her best efforts, skill and knowledge in the performance of her services, duties and responsibilities, and to carry out and abide by all lawful directions promote the success of the Board Company’s business; (iii) serve the Company’s best interests faithfully, loyally, efficiently and to diligently; (iv) cooperate with the reasonable and lawful directives of the Company in the furtherance of the best interests of the Company; and (v) comply with all standards of performancethe Company’s applicable rules, policies, practices and other procedures as well as all applicable laws, rules and regulations heretofore established by Company and or hereafter established by Companyregulations. In addition, Executive agrees to serve in such other capacities or offices to which he she may be assigned, appointed or elected from time to time by the Board, including without limitation as the chief financial officer of P10, Inc. (“P10”).
(c) Without limiting the generality of the foregoing, Executive shall not, without the written approval of the Company’s Board of Directors (the “Board”), render services of a business or commercial nature on his her own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his her employment hereunder; provided that the foregoing shall not prevent Executive from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s personal investments, so long as such activities in the aggregate do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding the foregoing, Executive shall be able to engage in the following activities listed in Exhibit A.A. DocuSign Envelope ID: C5CEDC5A-1156-4472-B2F7-648D65F325B6 4856-3367-9676.1 DocuSign Envelope ID: C5CEDC5A-1156-4472-B2F7-648D65F325B6
Appears in 1 contract
Samples: Employment Agreement (P10, Inc.)
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in Operating Officer. In such capacity, Executive agrees to the terms and conditions hereinafter set forth. In this capacity, Executive shall have the duties, authorities and responsibilities that are commensurate with his title and designated from time to time by the Company’s Board of Directors (the “Board”) and commensurate with his titlethe Company’s Chief Executive Officer. In performing his duties under this Agreement, Executive shall report to the BoardBoard and the Company’s Chief Executive Officer.
(b) Executive accepts such employment and agrees, during the term Term of his employmentemployment (as defined below), to devote the majority of his full business and professional time and energy to the Company. Executive agrees to carry out and abide by all lawful directions of the Board and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the Board, including without limitation as an executive of P10 and serving on P10’s Board of Managers.
(c) Without limiting the generality of the foregoing, Executive shall not, without the written approval of the Board, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive from (i) serving on the boards of directors of, of or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s personal investments, so long as such activities in the aggregate do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding the foregoing, Executive shall be able to engage in the following activities listed in Exhibit A.
Appears in 1 contract
Samples: Employment Agreement (P10, Inc.)
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ Executive as Chief Executive Officer. In this capacity, Executive shall have the duties, authorities authorities, and responsibilities that are designated from time to time by as the Company’s Board of Directors (the “Board”) and commensurate with his titleshall designate from time to time. In performing his duties under this Agreement, Executive shall report to the Executive Chairman of the Board.
(b) For as long as the Executive shall continue to serve as President and Chief Executive Officer, he shall stand for re-election as a director at each annual meeting of the Company’s stockholders. Executive’s failure to be re-elected to the Board, in and of itself, shall not constitute a termination of this Agreement (and shall not constitute a Termination for Cause or a resignation by the Executive for Good Reason, each as defined in this Agreement), nor shall it entitle the Executive to any severance benefits. Pursuant to the Company’s policies, for the duration of this Agreement, the Executive will fulfill his duties as a director without additional compensation. This Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Company or the stockholders to remove the Executive from the Company’s Board at any time in accordance with the provisions of applicable law or the requirement under the Company’s Bylaws that a director who is also an employee of the Company shall cease to be a director on the date such employee’s employment by the Company is terminated.
(c) Executive accepts such employment and agrees, during the term of his employmentTerm (as defined below), to devote the majority of his full business and professional time and energy to the Company. Executive agrees to carry out and abide by all lawful directions of the Board and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the Board.
(cd) Without limiting the generality of the foregoing, Executive shall not, without the written approval of the Board, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Executive Chairman of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s passive personal investmentsinvestments which do not interfere with Executive’s responsibility to devote his full business and professional time and energy to the Company, and so long as such activities in the aggregate aggregate, (i)-(iii), do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding .
(e) Executive agrees that the foregoingCompany may, at any time and for any reason, remove the Executive shall from any directorship held with any subsidiary of the Company, and such removal will be able effective immediately upon written notice to engage the Executive unless stated otherwise in the following activities listed in Exhibit A.such notice.
Appears in 1 contract
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ Executive as CEO. In this capacity, Executive shall have report directly to the duties, authorities and responsibilities that are designated from time to time by the Company’s Board of Directors of the Company (the “Board”) and commensurate with his title). In performing his duties under this Agreement, Executive shall report also be appointed to and serve on the Board.
(b) Executive accepts such employment and agrees, during the term of his employment, to devote the majority of his full business and professional time and energy to the Company, and agrees faithfully to perform his duties and responsibilities in an efficient, trustworthy and business-like manner. Executive also agrees that the Board shall determine from time to time such other duties as may be assigned to him. Executive agrees to carry out and abide by all lawful such directions of the Board and Board. Notwithstanding the foregoing, until the closing of (i) the Company’s initial public offering of its securities on the Nasdaq Stock Market, pursuant to comply the Securities Act of 1933, as amended (“IPO”); or (ii) one or more equity financings with all standards cumulative proceeds of performance, policies, and other rules and regulations heretofore established by at least $8,000,000 to the Company and or hereafter established by Company. In addition(a “Qualified Financing”), Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from shall work for the Company on a 50% part-time to time by the Boardbasis.
(c) Without After the IPO or a Qualified Financing, without limiting the generality of the foregoing, Executive shall not, without the written approval of the BoardCompany, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; . The foregoing limitation shall not apply to Executive’s involvement in associations, charities and service on another entity’s board of directors, provided such involvement does not interfere with Executives responsibilities (and as it pertains to any service on another entity’s board of directors, provided such action is pre-approved by the Company, provided that the foregoing no pre-approval shall not prevent be required for service on any boards on which Executive from (i) serving is a director on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s personal investments, so long as such activities in the aggregate do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding the foregoing, Executive shall be able to engage in the following activities listed in Exhibit A.Effective Date).
Appears in 1 contract
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ Employee as Senior Vice President of Operations. In this capacity, Executive Employee shall have the duties, authorities and responsibilities that are designated from time to time by the Company’s Board of Directors Chief Executive Officer (the “BoardCEO”) and commensurate with his title. In performing his duties under this Agreement, Executive Employee shall report to the BoardCEO.
(b) Executive Employee accepts such employment and agrees, during the term of his employment, to devote the majority of his full business and professional time and energy to the Company. Executive Employee agrees to carry out and abide by all lawful directions of the Board CEO and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive Employee agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the BoardCEO.
(c) Without limiting the generality of the foregoing, Executive Employee shall not, without the written approval of the BoardCEO, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive Employee from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing ExecutiveEmployee’s personal investments, so long as such activities in the aggregate do not materially interfere or conflict with ExecutiveEmployee’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding the foregoing, Executive Employee shall be able to engage in the following activities listed in Exhibit A.A so long as they continue not to materially interfere or conflict with Employee’s duties hereunder or create a potential business or fiduciary conflict.
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Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ Employee as Executive Vice President. In this capacity, Executive Employee shall have the duties, authorities and responsibilities that are designated from time to time by the Company’s Board of Directors Chief Executive Officer (the “BoardCEO”) and commensurate with his title. In performing his duties under this Agreement, Executive Employee shall report to the BoardCEO.
(b) Executive Employee accepts such employment and agrees, during the term of his employment, to devote the majority of his full business and professional time and energy to the Company. Executive Employee agrees to carry out and abide by all lawful directions of the Board CEO and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive Employee agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the BoardCEO.
(c) Without limiting the generality of the foregoing, Executive Employee shall not, without the written approval of the BoardCEO, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive Employee from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing ExecutiveEmployee’s personal investments, so long as such activities in the aggregate do not materially interfere or conflict with ExecutiveEmployee’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding the foregoing, Executive Employee shall be able to engage in the following activities listed in Exhibit A.A so long as they continue not to materially interfere or conflict with Employee’s duties hereunder or create a potential business or fiduciary conflict.
Appears in 1 contract
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ Executive as Vice Chair. In this capacityExecutive’s duties shall include advising the CEO, Executive shall have CBO and CFO on matters relating to financing strategy, SEC reporting matters, strategic partnerships, corporate planning and other duties as assigned by the duties, authorities and responsibilities that are designated Board from time to time by time. Executive shall report directly to the Company’s Board of Directors of the Company (the “Board”) and commensurate with his title. In performing his duties under this Agreement, Executive shall report to the Board).
(b) Executive accepts such employment and agrees, during the term of his her employment, to devote the majority of his full her business and professional time and energy to the CompanyCompany and agrees faithfully to perform her duties and responsibilities in an efficient, trustworthy and business-like manner. Executive also agrees that the Board shall determine from time to time such other duties as may be assigned to her. Executive agrees to carry out and abide by all lawful such directions of the Board and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the Board.
(c) Without limiting the generality of the foregoing, Executive shall not, without the written approval of the BoardCompany, render services of a business or commercial nature on his her own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his her employment hereunder; provided that provided, however, the foregoing Company hereby approves of the Executive’s limited activities, which shall not prevent Executive from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s personal investments, so long as such activities in the aggregate do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflictability to perform hereunder, in consulting roles as they exist on the Effective Date. Notwithstanding The foregoing limitation shall not apply to Executive’s involvement in associations, charities and service on another entity’s board of directors, provided such involvement does not interfere with Executives responsibilities (and as it pertains to any service on another entity’s board of directors, provided such action is preapproved by the foregoing, Executive shall be able to engage in the following activities listed in Exhibit A.Company).
Appears in 1 contract
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ Executive as Chief Financial Officer. In this capacity, Executive shall have the duties, authorities and responsibilities that are designated from time to time by as the Company’s Board of Directors (the “Board”) and commensurate with his titleshall designate from time to time. In performing his duties under this Agreement, Executive shall report to the Board.
(b) Executive accepts such employment and agrees, during the term of his employmentTerm (as defined below), to devote the majority of his full business and professional time and energy to the Company. Executive agrees to carry out and abide by all lawful directions of the Board and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the Board.
(c) Without limiting the generality of the foregoing, Executive shall not, without the written approval of the Board, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s passive personal investments, and (iv) participating, day to day, in the Executive’s wife’s pediatric practice, Sound Beach Pediatrics, LLC including, without limitation, the management and launch of a of newly formed business for the delivery of pediatric urgent care, as long as such activities under (iv) do not interfere with Executive’s responsibility to devote his full business and professional time and energy to the Company, and so long as such activities in the aggregate aggregate, (i)-(iv), do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding .
(d) Executive agrees that the foregoingCompany may, at any time and for any reason, remove the Executive shall from any directorship held with any subsidiary of the Company, and such removal will be able effective immediately upon written notice to engage the Executive unless stated otherwise in the following activities listed in Exhibit A.such notice.
Appears in 1 contract
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forth. In this capacity, Executive shall have the duties, authorities and responsibilities that are designated from time to time by the Company’s Board of Directors (the “Board”) and commensurate with his title. In performing his duties under forth in this Agreement, the Company agrees to employ Executive as CEO/CSO. Executive shall report directly to the Board.
(b) Executive accepts such employment and agrees, agrees during the term of his employment, Term to devote the majority of his full business and professional time and energy to the Company, and agrees faithfully to perform his duties and responsibilities in an efficient, trustworthy and business-like manner. Executive also agrees that the the Board shall determine from time to time such other duties as may be assigned to Executive. Executive agrees to carry out and abide by all lawful such directions of the Board the Board. Executive’s principal place of employment shall be the principal offices of the Company currently located in Houston, Texas; provided, however, that Executive understands and agrees that Executive will be required to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected travel from time to time by the Boardfor business reasons.
(c) Without limiting the generality of the foregoing, Executive shall not, without the written approval of the BoardCompany, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the . The foregoing limitation shall not prevent Executive from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing apply to Executive’s personal investmentsinvolvement in associations, so long as charities and service on another entity’s board of directors, provided such activities in the aggregate do involvement does not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflictresponsibilities (and as it pertains to any service on another entity’s board of directors, provided such action is pre-approved by the Company). Notwithstanding any of the foregoing, Executive shall will be able permitted to engage in the following activities listed approved by the Compensation Committee and to purchase or own less than five percent (5%) of the publicly traded securities of any Person (as defined below); provided that, in Exhibit A.the latter case such ownership represents a passive investment and that Executive is not a controlling Person of, or a member of a group that controls, such Person; provided further that, the activities described above do not interfere with the performance of Executive’s duties and responsibilities to Company as provided hereunder. As used herein, “Person” means an individual, corporation, partnership, joint venture, limited liability company, unincorporated organization, trust, association or other entity.
Appears in 1 contract
Samples: Employment Agreement (Soliton, Inc.)
Title and Job Duties. (a) The Company hereby agrees to employ the Executive in the position of co-Chief Executive Officer and the Executive, in such capacity, agrees Subject to the terms and conditions hereinafter set forthforth in this Agreement, the Company agrees to employ Executive as Chief Operating Officer. In this capacity, Executive shall have the duties, authorities authorities, and responsibilities that are designated from time to time by as the Company’s Board of Directors (the “Board”) and commensurate with his titleshall designate from time to time. In performing his duties under this Agreement, Executive shall report to the Executive Chairman of the Board.
(b) Executive accepts such employment and agrees, during the term of his employmentTerm (as defined below), to devote the majority of his full business and professional time and energy to the Company. Executive agrees to carry out and abide by all lawful directions of the Board and to comply with all standards of performance, policies, and other rules and regulations heretofore established by Company and or hereafter established by Company. In addition, Executive agrees to serve in such other capacities or offices to which he may be assigned, appointed or elected from time to time by the Board.
(c) Without limiting the generality of the foregoing, Executive shall not, without the written approval of the Board, render services of a business or commercial nature on his own behalf or on behalf of any other person, firm, or corporation, whether for compensation or otherwise, during his employment hereunder; provided that the foregoing shall not prevent Executive from (i) serving on the boards of directors of, or holding any other offices or positions in non-profit organizations and, with the prior written approval of the Board, other for-profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing Executive’s passive personal investmentsinvestments do not interfere with Executive’s responsibility to devote his full business and professional time and energy to the Company, and so long as such activities in the aggregate aggregate, (i)-(iii), do not materially interfere or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict. Notwithstanding .
(d) Executive agrees that the foregoingCompany may, at any time and for any reason, remove the Executive shall from any directorship held with any subsidiary of the Company, and such removal will be able effective immediately upon written notice to engage the Executive unless stated otherwise in the following activities listed in Exhibit A.such notice.
Appears in 1 contract