Reporting and Duties. The Executive shall report to and act in accordance with the directions of the Company’s Chief Executive Officer. Executive will perform those services customary to these offices and such other lawful duties that may be reasonably assigned to her from time to time by the Board, provided those duties are consistent with Executive’s position and authority. Executive will devote her best efforts and substantially all of her business time to the performance of her duties under this Agreement and the advancement of the business and affairs of the Company and will be subject to, and will comply in all material respects with, the policies of the Company applicable to her. Notwithstanding the foregoing and subject at all times to the provisions of applicable local laws, Executive will be entitled to (i) serve as a member of the board of directors of up to two other public companies, subject to the advance approval of the Board, which approval will not be unreasonably withheld, (ii) serve on professional, civic, charitable, educational, religious, public interest, public service or medical advisory boards, and (iii) manage Executive’s personal and family investments, in each case, to the extent such activities do not materially interfere, as determined by the Board in good faith, with the performance of Executive’s duties and responsibilities hereunder.
Appears in 1 contract
Sources: Executive Employment Agreement (TMC the Metals Co Inc.)
Reporting and Duties. The Executive shall report to and act in accordance with the directions of the Company’s Chief Executive Officer. Executive will perform those services customary to these offices and such other lawful duties that may be reasonably assigned to her Executive from time to time by the BoardCompany, provided those duties are consistent with Executive’s position and authority. Executive will devote her Executive’s best efforts and substantially all of her his business time to the performance of her Executive’s duties under this Agreement and the advancement of the business and affairs of the Company and will be subject to, and will comply in all material respects with, the policies of the Company applicable to herExecutive. Notwithstanding the foregoing and subject at all times to the provisions of applicable local lawsforegoing, Executive will be entitled to (ito:
a) serve as a member of the board of directors of up to two other public companies, subject to the advance approval of the Board, which approval will not be unreasonably withheld, (ii;
b) serve on professional, civic, charitable, educational, religious, public interest, public service or medical advisory boards, and (iii; and
c) manage Executive’s personal and family investments, in each case, to the extent such activities do not materially interfere, as determined by the Board in good faith, with the performance of Executive’s duties and responsibilities hereunder.
Appears in 1 contract
Sources: Executive Employment Agreement (TMC the Metals Co Inc.)
Reporting and Duties. The Executive shall report to and act in accordance with the directions of TMC The Metals Company, Inc. Board of Directors (the Company’s Chief Executive Officer“Board”). Executive will perform those services customary to these offices and such other lawful duties that may be reasonably assigned to her him from time to time by the Board, provided those duties are consistent with Executive’s position and authority. Executive will devote her his best efforts and substantially all of her his business time to the performance of her his duties under this Agreement and the advancement of the business and affairs of the Company and will be subject to, and will comply in all material respects with, the policies of the Company applicable to herhim. Notwithstanding the foregoing and subject at all times to the provisions of applicable local lawsforegoing, Executive will be entitled to (i) serve as a member of the board of directors of up to two other public companies, subject to the advance approval of the Board, which approval will not be unreasonably withheld, (ii) serve on professional, civic, charitable, educational, religious, public interest, public service or medical advisory boards, and (iii) manage Executive’s personal and family investments, in each case, to the extent such activities do not materially interfere, as determined by the Board in good faith, with the performance of Executive’s duties and responsibilities hereunder.
Appears in 1 contract