Common use of Duties Extent of Services Clause in Contracts

Duties Extent of Services. Executive shall perform for Employer all duties incident to the position of President and Chief Executive Officer of Sunshine. In addition, Executive shall engage in such other services for Employer or its affiliates, as Employer from time to time shall direct, commensurate with his position. Executive shall use his best efforts in, and devote his entire time, attention, and energy, to Employer's business; provided that nothing contained herein is intended to prohibit Executive from spending a reasonable amount of time managing his personal investments and discharging his responsibilities on civic or religious boards as long as such activities do not interfere with his duties and obligations under this Agreement, and provided further that with the approval of the Board of Directors (which approval shall not be unreasonably withheld), from time to time Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in companies or organizations which, in the Board's sole judgment, will not present any conflict of interest with Sunshine or any performance of Executive's duties under this Agreement, or which will not violate any applicable statute, rule or regulation.

Appears in 1 contract

Sources: Employment Agreement (Sunshine Financial Inc.)

Duties Extent of Services. Executive shall perform for Employer all duties incident to the position of President and Chief Executive Officer of Sunshinethe Bank. In addition, Executive shall engage in such other services for Employer or its affiliates, as Employer from time to time shall direct, commensurate with his position. Executive shall use his best efforts in, and devote his entire time, attention, and energy, to Employer's ’s business; provided that nothing contained herein is intended to prohibit Executive from spending a reasonable amount of time managing his personal investments and discharging his responsibilities on civic or religious boards as long as such activities do not interfere with his duties and obligations under this Agreement, and provided further that with the approval of the Bank’s Board of Directors (which approval shall not be unreasonably withheld), from time to time Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in companies or organizations which, in the Bank Board's ’s sole judgment, will not present any conflict of interest with Sunshine the Bank or any of the performance of Executive's ’s duties under this Agreement, or which will not violate any applicable statute, rule or regulation.

Appears in 1 contract

Sources: Employment Agreement (Partners Financial CORP)

Duties Extent of Services. Executive shall perform for Employer all duties incident to the position of President and Chief Executive Officer of Sunshine. In addition, Executive shall engage in such other services for Employer or its affiliates, as Employer from time to time shall direct, commensurate with his position. Executive shall use his best efforts in, and devote his entire time, attention, and energy, to Employer's ’s business; provided that nothing contained herein is intended to prohibit Executive from spending a reasonable amount of time managing his personal investments and discharging his responsibilities on civic or religious boards as long as such activities do not interfere with his duties and obligations under this Agreement, and provided further that with the approval of the Board of Directors (which approval shall not be unreasonably withheld), from time to time Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in companies or organizations which, in the Board's ’s sole judgment, will not present any conflict of interest with Sunshine or any performance of Executive's ’s duties under this Agreement, or which will not violate any applicable statute, rule or regulation.

Appears in 1 contract

Sources: Employment Agreement (Sunshine Financial Inc)