Employment of Members Sample Clauses

The 'Employment of Members' clause defines the terms under which members of an organization or company may be employed by that entity. It typically outlines whether members are permitted to hold paid positions, any restrictions or approval processes required, and how such employment interacts with their rights or responsibilities as members. For example, it may require board approval before a member can be hired or specify that employment does not confer additional voting rights. This clause ensures transparency and manages potential conflicts of interest by clearly delineating the boundaries between membership and employment roles.
Employment of Members. Until otherwise determined by the Manager, Members may not be employed by the Company.
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Employment of Members. The Company may appoint or employ one or more Members from time to time, and such Members, in their capacity as Officers, employees or agents of the Company (and not, for clarity, in their capacity as Members of the Company), may take part in the control and management of the business of the Company to the extent such authority and power to act for or on behalf of the Company has been delegated to them by the Board of Managers or the Chief Executive Officer or otherwise pursuant to this Agreement.
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Employment of Members. Buyer shall have entered into employment agreements with both ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇, on terms acceptable to Buyer which shall include those set forth in Schedule 7.05.
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Employment of Members. RESTRICTIVE COVENANTS AND AGREEMENTS
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Employment of Members. All Members, and members of the Management Committee, shall act in the best interests of the Company. The Company may employ a Member or an Affiliate of a Member, and the fact that a Member is directly or indirectly interested in or connected with any Person employed by the Company to render or perform a service, or from which the Company may buy merchandise or other property, shall not preclude the Company from employing such Person or from otherwise dealing with such Person, so long as such employment or interest is fully disclosed to all the Members and approved by all Members, and provided that the expenses associated therewith shall not be in excess of the amounts customarily paid for like services in the county in which the expenses are incurred. Neither the Company nor the Members shall have any rights in or to any income or profits derived from any such transaction with a Member or any such entity in which a Member may have an interest.
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Related to Employment of Members

  • Employment of Executive Employer hereby agrees to employ Executive, and Executive hereby agrees to be and remain in the employ of Employer, upon the terms and conditions hereinafter set forth.

  • Employment of Consultant CONSULTANT will perform as an independent contractor all services under this Contract to the prevailing professional standards consistent with the level of care and skill ordinarily exercised by members of its profession, both public and private, currently practicing in the same locality under similar conditions, including reasonable, informed judgments and prompt, timely action. If CONSULTANT is representing that it has special expertise in one or more areas to be utilized in this Contract, then CONSULTANT agrees to perform those special expertise services to the appropriate local, regional or national professional standards.

  • Re-employment An employee who resigns their position and within 90 days is re-employed, will be granted a leave of absence without pay covering those days absent and will retain all previous rights in relation to seniority and benefits subject to any benefit plan eligibility requirements.

  • Outside Employment Employees may engage in other employment outside of their State working hours so long as the outside employment does not involve a conflict of interest with their State employment. Whenever it appears that any such outside employment might constitute a conflict of interest, the employee is expected to consult with his/her appointing authority or other appropriate agency representative prior to engaging in such outside employment. Employees of agencies where there are established procedures concerning outside employment for the purpose of insuring compliance with specific statutory restrictions on outside employment are expected to comply with such procedures.

  • Employment of Others The company may from time to time request that the consultant arrange for the services of others. All costs to the consultant for those services will be paid by the company but in no event shall the consultant employ others without the prior authorization of the company.