Position, Duties and Responsibilities Sample Clauses
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Position, Duties and Responsibilities. (a) During the Term, Executive will be employed by the REIT Operator and will serve as the Chief Financial Officer of the REIT, reporting directly to the Co-Chief Executive Officers (the “Co-CEOs”) or the board of directors (the “Board of Directors” or the “Board”) of the REIT. In this capacity, Executive shall have the duties, authorities and responsibilities as are required by Executive’s position commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, and such other duties, authorities and responsibilities as may reasonably be assigned to Executive as the Co-CEOs of the REIT or the Board shall designate from time to time that are not inconsistent with Executive’s position and that are consistent with the bylaws of the REIT, the limited partnership agreement of the Operating Company, and the limited liability company agreement of the REIT Operator, each as may be amended from time to time, including, but not limited to, managing the affairs of the Company.
(b) During the Term, Executive will, without additional compensation, also serve on the board of directors of, serve as an officer of, or perform such executive and consulting services for, or on behalf of, such subsidiaries of the REIT as the Co-CEOs of the REIT or the Board may, from time to time, request.
(c) During the Term, Executive will serve the Company faithfully, diligently, and to the best of Executive’s ability and will devote substantially all of Executive’s business time and attention to the performance of Executive’s duties hereunder, and shall have no other employment (including self-employment), whether or not such activity is engaged in for pecuniary profit; provided, that, nothing contained herein shall prohibit Executive from (i) participating in trade associations or industry organizations in furtherance of the Company’s interests, (ii) engaging in charitable, civic, educational or political activities, (iii) engaging in passive personal investment activities for Executive and Executive’s family or (iv) accepting directorships or similar positions, subject to approval in advance by the Board of Directors of the REIT, which approval shall not be unreasonably withheld (together, the “Personal Activities”), in each case so long as the Personal Activities do not (x) unreasonably interfere, individually or in the aggregate, with the performance of Executive’s duties to the Company under this Agreement, (y) have an adv...
Position, Duties and Responsibilities. During the Term of Employment, Executive shall be employed and serve as the Chief Executive Officer of the Company, reporting directly to the Board, and having such duties and responsibilities commensurate with such position. Executive also agrees to serve as an officer and/or director of any member of the Company Group, in each case, without additional compensation, and, without limiting the foregoing, will serve as a member of the Board at all times Executive serves as the Company’s Chief Executive Officer.
Position, Duties and Responsibilities. (a) During the Term of Employment, the Executive shall be employed as Co-Chief Investment Officer and Senior Vice President of MFA, reporting directly and solely to the Chief Executive Officer of MFA (the “CEO”), with such authority, duties and day-to-day management responsibilities as are customarily maintained and performed by persons holding such offices at similarly situated mortgage REITs and such other duties as may be mutually agreed upon between the Executive and the CEO.
(b) During the Term of Employment, the Executive shall, without additional compensation, also serve on the board of directors of, serve as an officer of, and/or perform such executive and consulting services for, or on behalf of, such subsidiaries or affiliates of MFA as the Board of Directors of MFA (the “Board of Directors”) or the CEO may, from time to time, request. MFA and such subsidiaries and affiliates are hereinafter referred to, collectively, as the “Company.” For purposes of this Agreement, the term “affiliate” shall have the meaning ascribed thereto in Rule 12b-2 under the Securities Exchange Act of 1934, as amended (the “Act”).
(c) During the Term of Employment, the Executive shall serve MFA faithfully, diligently and to the best of his ability and shall devote substantially all of his business time and efforts to his employment and the performance of his duties under this Agreement. Nothing herein shall preclude the Executive from engaging in charitable and community affairs and managing his personal, financial and legal affairs, so long as such activities do not materially interfere with his carrying out his duties and responsibilities under this Agreement.
Position, Duties and Responsibilities. (a) The Executive shall serve as the Chairman of the Board and Chief Executive Officer of the Company and shall, subject to the following sentence, be responsible for the general management of the affairs of the Company. The Executive shall assume his responsibilities as Chief Executive Officer effective February 12, 2001. The Executive shall be a member of the Board during the Term of Employment and the Board shall designate the Executive as its Chairman. The Executive, in carrying out his duties under this Agreement, shall report to the Board. During the Term of Employment, the Executive shall devote substantially all of his business time and attention to the business and affairs of the Company.
(b) Nothing herein shall preclude the Executive from (i) serving on the boards of directors of a reasonable number of other corporations with the concurrence of the Board (which approval shall not be unreasonably withheld), (ii) serving on the boards of a reasonable number of trade associations and/or charitable organizations, (iii) engaging in charitable activities and community affairs, and (iv) managing his personal investments and affairs, provided that such activities set forth in this Section 3(b) do not conflict or materially interfere with the effective discharge of his duties and responsibilities under Section 3(a).
Position, Duties and Responsibilities. Subject to the conditions set forth herein, at all times during the Employment Term, the Employee shall:
(a) Hold the Position reporting to the Chief Executive Officer of the Company (the “Chief Executive Officer”);
(b) Have those duties and responsibilities, and the authority, customarily possessed by the Position at comparable size corporations and such additional duties as may be assigned to the Employee from time to time by the Board of Directors of the Company (the “Board”) or the Chief Executive Officer which are consistent with the Position at a major corporation;
(c) Adhere to such reasonable written policies and directives, and such reasonable unwritten policies and directives as are of common knowledge to executive officers of the Company, as may be promulgated from time to time by the Board or the Chief Executive Officer and which are applicable to executive officers of the Company;
(d) Invest in the Company only in accordance with any i▇▇▇▇▇▇ ▇▇▇▇▇▇▇ policy of the Company in effect at the time of the investment; and
(e) Devote the Employee’s entire business time, energy, and talent to the business, and to the furtherance of the purposes and objectives, of the Company, and neither directly nor indirectly act as an employee of or render any business, commercial, or professional services to any other person, firm or organization for compensation, without the prior written approval of the Board or the Chief Executive Officer. Nothing in this Agreement shall preclude the Employee from devoting reasonable periods of time to charitable and community activities or the management of the Employee’s investment assets, provided such activities do not interfere with the performance by the Employee of the Employee’s duties hereunder.
Position, Duties and Responsibilities. (a) During the Term, the Executive shall serve the Company as its Chief Executive Officer and shall report to the Board of Directors of the Parent (the “Parent Board”). During the Term, the Executive shall be employed by the Company on a full-time basis and shall perform the duties and responsibilities of his position.
(b) The Executive is currently in the role of Chairman of the Parent Board and the Company, and shall continue to serve as a member of the Parent Board and the Company. The Parent shall propose to the shareholders of the Parent Board at each appropriate annual meeting of such shareholders during Executive’s employment the reelection of the Executive as a director of the Parent Board, provided that the Executive is otherwise eligible for such election.
(c) In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Affiliates if so elected or appointed from time-to-time.
(d) During the Term, the Executive shall devote his full business time and his best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and its Affiliates and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except such activities as shall not interfere with the performance of his duties to the Company. Notwithstanding the foregoing, the Executive shall be entitled to attend to personal and family affairs and investments, be involved in not-for-profit, charitable and professional activities and serve on up to two (2) for-profit boards, provided that the foregoing does not, individually or in the aggregate, materially interfere with Executive’s responsibilities under this Agreement.
(e) Immediately upon termination of Executive’s employment with the Company for any reason, Executive will be deemed to resign any and all positions held by him, whether as an officer or director of the Company, the Parent or any Affiliate of the Company, or as a member of any committees thereof.
Position, Duties and Responsibilities. (a) During the Term, Executive shall work for the Company, as and with the title of Executive Vice President of the Company.
(b) Executive, in carrying out her duties under this Agreement, shall report directly to such senior executive of the Company, as determined by the Chief Executive Officer or the Board.
(c) In the event Executive's employment terminates during the Term for any reason, Executive shall immediately resign in writing as an officer and director of the Company, where applicable, and as an officer and director, as the case may be, of each of the Company's Affiliates.
(d) Nothing herein shall be deemed to prevent or limit Executive from (i) serving on the boards of directors of a reasonable number of other non-competing corporations, subject to the approval of the Chief Executive Officer of the Company in each case, (ii) serving on the boards of a reasonable number of trade associations and/or charitable organizations, subject to the approval of the Chief Executive Officer of the Company in each case, (iii) engaging in charitable activities, community affairs, or other non-profit activities, and (iv) managing her personal investments and affairs; provided that such activities set forth in this Section 3(d) do not materially interfere with the proper performance of her duties and responsibilities hereunder.
(e) Executive agrees to abide by any employment rules or policies applicable to Company's employees generally, or Policy Committee members specifically, that the Company currently has or may adopt, amend or implement from time to time or at any time during Executive's employment with the Company.
Position, Duties and Responsibilities. (a) Commencing on the Effective Date, the Executive is employed as Group President, Neurocare of the Company, and the Executive has been assigned and shall be assigned such duties and responsibilities as are reasonably consistent with such position(s), or such other position, duties and responsibilities as the CEO or the Executive’s direct supervisor from time to time deems appropriate.
(b) During the Employment Term, the Executive shall devote the Executive’s entire business time, attention and energies to the business and interest of the Company in performing the Executive’s duties and responsibilities under this Agreement, and to that end but without limitation of the foregoing, the Executive shall not serve on the board of directors of other corporations or entities without the prior approval of the Board or the Chief Executive Officer.
(c) Notwithstanding anything contained in Section 3(b) to the contrary, nothing herein shall preclude the Executive from (i) serving on the boards of directors of a reasonable number of trade associations and/or charitable organizations, (ii) engaging in charitable activities and community affairs, and (iii) managing the Executive’s personal investments and affairs, provided that such activities do not materially interfere with the proper performance of the Executive’s duties and responsibilities as set forth in this Section 3.
Position, Duties and Responsibilities. (a) During the Term, the Employee shall initially serve the Company as its Executive Vice President, Chief Legal Officer and Corporate Development, and shall initially report to the Chief Executive Officer of the Company. During the Term, the Employee shall be employed by the Company on a full-time basis and shall perform the duties and responsibilities of Employee’s position.
(b) During the Term, the Employee shall devote Employee’s full business time and Employee’s best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and its Affiliates and to the discharge of Employee’s duties and responsibilities hereunder. During the Term, the Employee shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position unless Employee first has obtained consent from the Chief Executive Officer of the Company.
(c) Immediately upon termination of Employee’s employment with the Company for any reason, Employee will be deemed to resign any and all positions held by Employee, whether as an officer or director of the Company, the Parent or any Affiliate of the Company, or as a member of any committees thereof.
Position, Duties and Responsibilities. During the Term, the Executive shall be employed as the Chief Operating Officer ("COO") of the Company and shall perform other duties and responsibilities as reasonably determined by the President of the Company consistent with the duties and responsibilities normally associated with such position in the Company. In addition, Executive from time to time may be assigned duties and hold positions or offices with subsidiaries or affiliates of the Company as the President of the Company and/or the Board may determine in their sole discretion. The Executive, in carrying out his duties under this Agreement, shall report to the President of the Company. The Executive shall devote all of his business time, energy and best efforts to the business and affairs of the Company. Anything herein to the contrary notwithstanding, nothing shall preclude the Executive from (i) subject to the reasonable approval of the Board, serving on the boards of directors of trade associations and/or charitable organizations, (ii) engaging in charitable activities and community affairs and (iii) managing his personal investments and affairs, provided that the activities described in the preceding clauses (i) through (iii) do not interfere with the proper performance of his duties and responsibilities for the Company or violate any term of this Agreement, including but not limited to, Section 10.