Duties Title. (a) Executive agrees, during his employment, to devote his full time and best efforts to the business of the Company, including, without limitation, the performance of those duties and responsibilities reasonably and customarily associated with the position of the Company's Chairman, President and Chief Executive Officer; provided, however, that Executive's duties and responsibilities consistent with Executive's position shall be subject to determination by the Company's Board of Directors. While serving as Chief Executive Officer, Executive shall be granted such powers and authority as are reasonably and customarily associated with the position of chief executive officer. (b) Executive shall report to, and at all times shall be subject to the direction of, the Company's Board of Directors and/or its designee. (c) Executive's title shall remain subject to the control of the Board of Directors; provided, however, that during the term of this Agreement, Executive shall always be designated as a principal executive officer of the Company.
Appears in 1 contract
Sources: Employment Agreement (Corvu Corp)
Duties Title. (a) Executive agrees, during his employment, to devote his full time and best efforts to the business of the Company, including, without limitation, the performance of those duties and responsibilities reasonably and customarily associated with the position of the Company's Chairman, President and Chief Executive Financial Officer; provided, however, that Executive's duties and responsibilities consistent with Executive's position shall be subject to determination by the Company's Board of DirectorsChief Executive Officer. While serving as Chief Executive Financial Officer, Executive shall be granted such powers and authority as are reasonably and customarily associated with the position of chief executive officerChief Financial Officer.
(b) Executive shall report to, and at all times shall be subject to the direction of, the Company's Board of Directors Chief Executive Officer and/or its his designee.
(c) Executive's title shall remain subject to the control of the Board of Directors; provided, however, that during the term of this Agreement, Executive shall always be designated as a principal executive officer of the Company.
Appears in 1 contract
Sources: Employment Agreement (Corvu Corp)