Common use of Position and Responsibilities Clause in Contracts

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer of the Bank or which, consistent with that office, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”). (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 4 contracts

Sources: Employment Agreement (Clifton Bancorp Inc.), Employment Agreement (Clifton Bancorp Inc.), Employment Agreement (Clifton Bancorp Inc.)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliatessubsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 4 contracts

Sources: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Operating Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliatessubsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Operating Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 4 contracts

Sources: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliates, affiliates and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank Company (the “Board of Directors”). (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, from time to time, that 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank Company will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.

Appears in 4 contracts

Sources: Employment Agreement (Clifton Bancorp Inc.), Employment Agreement (Clifton Bancorp Inc.), Employment Agreement (Clifton Bancorp Inc.)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Lending Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliatessubsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Lending Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 4 contracts

Sources: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Financial Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliatessubsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Financial Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 4 contracts

Sources: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Payments Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliatessubsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Payments Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 3 contracts

Sources: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Operating Officer of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Operating Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”). (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 2 contracts

Sources: Employment Agreement (Clifton Savings Bancorp Inc), Employment Agreement (Clifton Savings Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as President and President, Chief Executive Officer and Secretary of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and President, Chief Executive Officer of the Bank and Secretary or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the "Board of Directors"). (b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s 's duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 2 contracts

Sources: Employment Agreement (Clifton Savings Bancorp Inc), Employment Agreement (Clifton Savings Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer Corporate Secretary of the BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliates, affiliates and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer of the Bank Corporate Secretary or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank Company (the "Board of Directors"). (b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, from time to time, that 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank Company will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.

Appears in 2 contracts

Sources: Employment Agreement (Clifton Savings Bancorp Inc), Employment Agreement (Clifton Savings Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as President Chairman of the Board and Chief Executive Officer of the BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliates, affiliates and shall perform all duties and shall have all powers which are commonly incident to the offices of President Chairman of the Board and Chief Executive Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank Company (the "Board of Directors"). (b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, from time to time, that 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank Company will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.

Appears in 2 contracts

Sources: Employment Agreement (Clifton Savings Bancorp Inc), Employment Agreement (Clifton Savings Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Lending Officer of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Lending Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”). (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 2 contracts

Sources: Employment Agreement (Clifton Savings Bancorp Inc), Employment Agreement (Clifton Savings Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President Chief Financial Officer and Chief Executive Officer Treasurer of the BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of President Chief Financial Officer and Chief Executive Officer of the Bank Treasurer or which, consistent with that officethose offices, are delegated to him her by the Board of Directors of the Bank Company (the “Board of Directors”). (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his her business time, attention, skill and efforts to the faithful performance of his her duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, from time to time, that 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 judgment of the Board of Directors, will not present any organizations listed by Executive on her annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank Company will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him her to perform his her duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.

Appears in 2 contracts

Sources: Employment Agreement (Clifton Savings Bancorp Inc), Employment Agreement (Clifton Savings Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer Chairman of the Board of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer Chairman of the Bank Board or which, consistent with that office, are delegated to him by the Board of Directors of the Bank (the "Board of Directors"). (b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s 's duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 2 contracts

Sources: Employment Agreement (Clifton Savings Bancorp Inc), Employment Agreement (Clifton Savings Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliatessubsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Operating Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Lending Officer/Chief Operating Officer of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of Vice President and Chief Executive Lending Officer/Chief Operating Officer of the Bank or which, consistent with that office, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”). (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Peoples Federal Bancshares, Inc.)

Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer and President of the BankEmployer. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer of the Bank and President or which, consistent with that officethose offices, are delegated to him by the Board of Directors Directors. During the term of this Agreement, Executive also agrees to serve as a director of the Bank (the “Board of Directors”)Employer, if elected to serve in such position. (b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Employer and its affiliatessubsidiaries, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, from time to time, that 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank Employer will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankEmployer.

Appears in 1 contract

Sources: Employment Agreement (Alliance Bancorp of New England Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Credit Officer of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer office of the Bank or whichChief Credit Officer, which consistent with that the office, are delegated to him by the Board of Directors of the Bank or the Company (collectively referred to herein unless otherwise stated as the “Board of Directors”). (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank Company or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (First Capital Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Officer Corporate Secretary of the BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Corporate Secretary or which, consistent with those offices, are delegated to him by the President and Chief Executive Officer of the Bank or which, consistent with that office, are delegated to him by Company and/or the Board of Directors of the Bank Company (the “Board of Directors”). (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, from time to time, that 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank Company will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.

Appears in 1 contract

Sources: Employment Agreement (Clifton Bancorp Inc.)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Operations Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliatessubsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Operations Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Financial Officer of the Company and the Bank. Executive shall have responsibility for the general management overall financial plans and control accounting practices of the business Company and affairs of the Bank and its affiliatesBank, and shall perform all duties and shall have all powers which are commonly incident to the offices office of Chief Financial Officer or which, consistent with the office, is delegated to him by the President and Chief Executive Officer of the Bank or which, consistent with that office, are delegated to him by Company and the Board of Directors of the Bank (the “Board of Directors”)Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Financial Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliatessubsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Operating Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliates, subsidiaries and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer of the Bank or which, consistent with that officethose offices, are delegated to him her by the Board or Directors. During the term of Directors this Agreement, Executive also agrees to serve as a director of the Bank (the “Board of Directors”)Company. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his her business time, attention, skill and efforts to the faithful performance of his her duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on her annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank Company will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him her to perform his her duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.

Appears in 1 contract

Sources: Employment Agreement (Northeast Pennsylvania Financial Corp)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Senior Lending Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliatessubsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Senior Lending Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the Company and the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliatessubsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the BankBank and the Company. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of the President and Chief Executive Officer of the Bank or whichOfficer, which consistent with that the office, are delegated to him by the Board of Directors of the Bank or the Company (collectively referred to herein unless otherwise stated as the “Board of Directors”). (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank Company or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (First Capital Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Credit Officer of the Bank. Executive shall have responsibility for the general management credit policy and control of the business and affairs of administration for the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Credit Officer or which, consistent with those offices, are delegated to him by the President and Chief Executive Officer of the Bank or which, consistent with that office, are delegated to him by Company and the Board of Directors of the Bank (the “Board of Directors”)Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President Executive Vice President, Chief Financial Officer and Chief Executive Officer Treasurer of the BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President, Chief Financial Officer and Treasurer or which, consistent with those offices, are delegated to her by the Board of Directors of the Company (the “Board of Directors”) and/or the President and Chief Executive Officer of the Bank or which, consistent with that office, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his her business time, attention, skill and efforts to the faithful performance of his her duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, from time to time, that 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 judgment of the Board of Directors, will not present any organizations listed by Executive on her annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank Company will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him her to perform his her duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.

Appears in 1 contract

Sources: Employment Agreement (Clifton Bancorp Inc.)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive President and Chief Executive Lending Officer of the Bank. Executive shall have responsibility for the general management all aspects of commercial and control of the business and affairs of consumer lending for the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive President and Chief Lending Officer or which, consistent with those offices, are delegated to him by the President and Chief Executive Officer of the Bank or which, consistent with that office, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer Chairman of the Board of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliatessubsidiaries, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer Chairman of the Bank Board or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of or Directors”). (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank and its affiliatessubsidiaries, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank or its affiliatessubsidiaries, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Northeast Pennsylvania Financial Corp)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliatessubsidiaries, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer of the Bank or which, consistent with that officethose offices, are delegated to him her by the Board or Directors. During the term of Directors this Agreement, Executive also agrees to serve as a director of the Bank (the “Board of Directors”)Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his her business time, attention, skill and efforts to the faithful performance of his her duties under this Agreement, including activities and services related to the organization, operation and management of the Bank and its affiliatessubsidiaries, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank or its affiliatessubsidiaries, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him her to perform his her duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Northeast Pennsylvania Financial Corp)

Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as President Chairman of the Board and Chief Executive Legal Officer of the Company and the Bank. Executive shall have responsibility for oversight of the general management legal function of the Company and control Bank and all subsidiaries, including the monitoring of compliance, litigation, and all activities and matters assigned to outside counsel. Additionally, Executive shall have responsibility for the business and affairs of the Boards of Directors of the Company and Bank and its affiliateson which he shall serve, and shall perform all duties and shall have all such powers which are commonly incident to the offices of President Chairman of the Board and Chief Executive Officer of the Bank or which, consistent with that office, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Legal Officer. (b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management legal function of the Company and its subsidiaries, including the Bank, his duties as Chairman of the Board of the Company and Bank and its affiliatessubsidiaries, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Northeast Pennsylvania Financial Corp)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Administration Officer of the Bank. Executive shall have responsibility for the general management and control of the business and affairs all operational aspects of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Administration Officer or which, consistent with those offices, are delegated to him by the President and Chief Executive Officer of the Bank or which, consistent with that office, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Lending Officer of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Lending Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)) and/or the President and Chief Executive Officer of the Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Clifton Bancorp Inc.)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Financial Officer of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and the Company. Executive shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer office of the Bank or whichChief Financial Officer, which consistent with that the office, are delegated to him by the Board of Directors of the Bank or the Company (collectively referred to herein unless otherwise stated as the “Board of Directors”). (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank Company or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (First Capital Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Credit Officer of the Company and Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliatessubsidiaries, including the Bank, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Credit Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)Company and Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, including the Bank, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank or the Company (as they shall determine), will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Fox Chase Bancorp Inc)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Executive Vice President and Chief Executive Financial Officer of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Financial Officer of the Bank or which, consistent with that officethose offices, are delegated to him her by the Board of Directors of the Bank (the “Board of Directors”)) and/or the President and Chief Executive Officer of the Bank. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his her business time, attention, skill and efforts to the faithful performance of his her duties under this Agreement, including activities and services related to the organization, operation and management of the Bank and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him her to perform his her duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Clifton Bancorp Inc.)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Operating Officer of the BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Operating Officer of the Bank or which, consistent with that office, are delegated to him by the Board of Directors of the Bank Company (the “Board of Directors” or “Board)) or the Chief Executive Officer of the Company. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank Company or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank Executive will furnish Executive be furnished with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany, or at such other site or sites customary for such offices.

Appears in 1 contract

Sources: Employment Agreement (Peoples Federal Bancshares, Inc.)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as Senior Vice President and Chief Executive Financial Officer of the BankCompany. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of Senior Vice President and Chief Executive Financial Officer of the Bank or which, consistent with that office, are delegated to him by the Board of Directors of the Bank Company (the “Board of Directors” or “Board)) or the President of the Company. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank Company or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank Executive will furnish Executive be furnished with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany, or at such other site or sites customary for such offices.

Appears in 1 contract

Sources: Employment Agreement (Peoples Federal Bancshares, Inc.)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President Executive Vice President, Chief Operating Officer and Chief Executive Officer Secretary of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of President Executive Vice President, Chief Operating Officer and Chief Executive Officer of the Bank Secretary or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of Directors”)) and/or the President and Chief Executive Officer. (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank and its affiliates, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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 judgment of the Board of Directors, will not present any conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreement. (c) The Bank will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the Bank.

Appears in 1 contract

Sources: Employment Agreement (Clifton Bancorp Inc.)

Position and Responsibilities. (a) During the period of Executive’s employment under this Agreement, Executive agrees to serve as President and Chief Executive Officer Chairman of the BankBoard of the Company. Executive shall have responsibility for the general management and control of the business and affairs of the Bank Company and its affiliatessubsidiaries, and shall perform all duties and shall have all powers which are commonly incident to the offices of President and Chief Executive Officer Chairman of the Bank Board or which, consistent with that officethose offices, are delegated to him by the Board of Directors of the Bank (the “Board of or Directors”). (b) During the period of Executive’s employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Company and its affiliatessubsidiaries, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, 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, organizations listed by Executive in the judgment of the Board of Directors, will not present any his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreport. (c) The Bank Company will furnish Executive with the working facilities and staff customary for executive officers with the title and duties set forth in this Agreement and as are necessary for him to perform his him duties. The location of such facilities and staff shall be at the principal administrative offices of the BankCompany.

Appears in 1 contract

Sources: Employment Agreement (Northeast Pennsylvania Financial Corp)

Position and Responsibilities. (a) During the period of Executive’s 's employment under this Agreement, Executive agrees to serve as Executive Vice President of the Employer and Executive Vice President/Chief Executive Lending Officer of the Bank. Executive shall have responsibility for the general management and control of the business and affairs of the Bank and its affiliates, and shall perform all duties and shall have all powers which are commonly incident to the offices of Executive Vice President and Chief Executive Lending Officer of the Bank or which, consistent with that officethose offices, are delegated to him by the Board of Directors Directors. During the term of this Agreement, Executive also agrees to serve as a director of the Bank (the “Board of Directors”)Employer, if elected to serve in such position. (b) During the period of Executive’s 's employment under this Agreement, except for periods of absence occasioned by illness, vacation, and reasonable leaves of absence, Executive shall devote substantially all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and services related to the organization, operation and management of the Bank Employer and its affiliatessubsidiaries, as well as participation in community, professional and civic organizations; provided, however, that, with the approval of the Board of Directors, as evidenced by a resolution of the Board of Directors, from time to time, that 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 judgment of the Board of Directors, will not present any organizations listed by Executive on his annual conflict of interest with the Bank or its affiliates, or materially affect the performance of Executive’s duties pursuant to this Agreementreporting. (c) The Bank Employer will furnish Executive with the working facilities and staff customary for executive officers with the title titles and duties set forth in this Agreement and as are necessary for him to perform his duties. The location of such facilities and staff shall be at the principal administrative offices of the BankEmployer.

Appears in 1 contract

Sources: Employment Agreement (Alliance Bancorp of New England Inc)