Term Position and Responsibilities. (a) Term of Employment. ------------------ Unless the Employee's employment shall sooner terminate pursuant to Section 6, the Employer shall employ the Employee for a term commencing on April 1, 1997 and ending on March 31, 1998 (the "Initial Term"), and the Employee's employment shall continue thereafter at will.
Term Position and Responsibilities. Unless Executive's employment shall sooner terminate pursuant to Section 4 hereof, the Company shall employ Executive on the terms and subject to the conditions of this Agreement for a three-year term commencing on November 13, 2001 (the "Commencement Date") and ending on the day immediately preceding the third anniversary of the Commencement Date. The period during which Executive is employed by the Company pursuant to this Agreement shall be referred to as the "Employment Period." During the Employment Period, Executive shall serve as an executive officer of the Company and shall have such duties and responsibilities as are customarily assigned to individuals serving in such position and such other duties as the Company specifies from time to time. Executive shall comply with all policies and procedures of the Company. Executive shall devote all of his skill, knowledge, commercial efforts and working time to the conscientious and faithful performance of his duties and responsibilities for the Company (except for (i) vacation time as set forth in Section 3(b) hereof and absence for sickness or similar disability and (ii) to the extent that it does not interfere with the performance of Executive's duties hereunder, (A) such reasonable time as may be devoted to the fulfillment of Executive's civic responsibilities, (B) such reasonable time as may be necessary from time to time for personal financial matters and (C) certain other activities with the prior written consent of the Chief Executive Officer of the Company).
Term Position and Responsibilities. Employee agrees to serve as the Chief Executive Officer of the Company, except as otherwise provided for herein, and to devote all his business time, energy and ability to the Company for a period commencing on February 23, 2007 and terminating on December 31, 2010 (the "Employment Term"), unless sooner terminated in accordance with the provisions of this Agreement. Employee shall have the position, duties and responsibilities delegated to him from time to time by the Board of Directors of the Company, provided however, the Board of Directors shall have the power to assign Employee to another responsible position. The services to be rendered to the Company by the Employee pursuant to this Agreement shall include, but not be limited to, managing the performance of sales employees and the marketing and promotion of the Company's products.
Term Position and Responsibilities. Unless Executive’s employment shall sooner terminate pursuant to Section 4 hereof, SSL shall employ Executive on the terms and subject to the conditions of this Agreement for the term commencing on the Effective Date and ending on the four year anniversary of the Effective Date, provided that the term shall be automatically renewed for successive one-year terms following the expiration of the initial term described above (the initial term and each additional one-year term each, a “Term”), unless either party provides the other party with notice pursuant to Section 9(f) at least sixty (60) calendar days before the expiration of the applicable Term of its (or his) intention not to renew such Term, in which case the Executive’s employment shall terminate at the end of such Term. The entire period during which Executive is employed by SSL pursuant to this Agreement shall be referred to as the “Employment Period.” During the Employment Period, Executive shall serve as Chief Executive Officer of SSL and shall have such duties and responsibilities as are customarily assigned to individuals serving in such positions and such other duties as the Company or SSL specifies from time to time. During the Employment Period, SSL will also cause the Board of Directors of SSL (the “Board”) to appoint Executive as a director of SSL and to nominate Executive for re-election to the Board when his term as director expires. Executive shall comply with all written policies and procedures of SSL. Executive shall devote all of his skill, knowledge, commercial efforts and working time to the conscientious and faithful performance of his duties and responsibilities for SSL (except for (i) vacation time as set forth in Section 3(b) hereof and absence for sickness or similar disability and (ii) to the extent that it does not interfere with the performance of Executive’s duties hereunder, (A) such reasonable time as may be devoted to the fulfillment of Executive’s civic responsibilities, (B) such reasonable time as may be necessary from time to time for personal financial matters and (C) certain other activities with the prior written consent of the Board).
Term Position and Responsibilities. Your consulting arrangement with Summer will commence on May 12, 2020 and is expected to continue for an initial term of 12 months, subject to termination as described herein. You have agreed that Summer may extend the term of this arrangement, in one-month increments, upon not less than fourteen (14) days prior written notice to you before the expiration of the initial term or any extended term. If you desire to terminate this engagement, you have agreed to provide Summer with at least thirty (30) days prior written notice. The Company may terminate this engagement for any reason and at any time upon fourteen (14) days prior written notice to you, or immediately for cause. Commencing on June 15, 2020 your title will be Chief Financial Officer ("CFO"). Throughout the term of your engagement, you will report directly to Summer's Interim CEO, Sxxxxx Xxxxx. Your responsibilities will include all duties assigned to you as consultant, and as CFO including, without limitation, performing all duties commensurate with the office of CFO, providing oversight of Summer’s finance department and working with Summer’s independent auditor. You will also act as an officer and/or director of Summer’s subsidiaries. As CFO, you will be covered as an officer under the Company’s existing director and officer liability insurance policy as currently in place. You will be expected to work Monday through Friday, during normal business hours. On most days you will be required to provide the services from Summer's corporate headquarters located in Woonsocket, Rhode Island, however, with the prior consent of Summer you may also provide the services working from your home office or if, due to governmental restrictions, travel is limited or “stay-at-home” orders are in place. You agree, at all times during the term of this consulting arrangement, to conscientiously perform all of the duties and responsibilities assigned to you to the best of your ability and experience and in compliance with law. You agree, during the term hereof, to use your best efforts to promote the interests of Summer and to devote your full business time and energies to the business and affairs of Summer and the performance of your duties hereunder. During your consulting period with Summer you will be required to abide by Summer’s code of conduct, policies and procedures as set forth in Summer’s employee manual or as otherwise communicated to you in writing. You will also be bound by and adhere to the terms and ...
Term Position and Responsibilities. Unless Executive's employment shall sooner terminate pursuant to Section 4 hereof, the Company shall employ Executive on the terms and subject to the conditions of this Agreement for a four-year term commencing on April 8, 2002 (the "Commencement Date") and ending on the day immediately preceding the fourth anniversary of the Commencement Date. The period during which Executive is employed by the Company pursuant to this Agreement shall be referred to as the "Employment Period." Effective on or about April 30, 2002 and continuing for the remainder of the Employment Period, Executive shall serve as Chief Executive Officer and President of the Company and shall have such duties and responsibilities as are customarily assigned to individuals serving in such positions and such other duties as the Company specifies from time to time. The Company will also cause the Board of Directors of the Company (the "Board") to nominate Executive for election to the Board. Executive shall comply with all policies and procedures of the Company. Executive shall devote all of his skill, knowledge, commercial efforts and working time to the conscientious and faithful performance of his duties and responsibilities for the Company (except for (i) vacation time as set forth in Section 3(b) hereof and absence for sickness or similar disability and (ii) to the extent that it does not interfere with the performance of Executive's duties hereunder, (A) such reasonable time as may be devoted to the fulfillment of Executive's civic responsibilities, (B) such reasonable time as may be necessary from time to time for personal financial matters and (C) certain other activities with the prior written consent of the Board of Directors of the Company (the "Board").
Term Position and Responsibilities
