Responsibilities and Duties. (a) As Executive Vice President, the Executive will perform all duties and will have all powers associated with these positions, as set forth in any job description relating to the Executive’s position in effect on the Effective Date or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the Chief Executive Officer of the Bank. (b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board of Directors of the Bank (the “Board”), the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Board. Notwithstanding the preceding sentence, subject to the approval of the Board, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any other affiliates of the Bank, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 2 contracts
Sources: Employment Agreement (Franklin Financial Corp), Employment Agreement (Franklin Financial Corp)
Responsibilities and Duties. (a) As Executive Vice PresidentChief Operating Officer and Chief Credit Officer, the Executive shall report to the Chief Executive Officer and will perform all duties and will have all powers associated with these positions, as set forth in any job description relating provided to the Executive’s position in effect on Executive by the Effective Date Bank or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the Chief Executive Officer of the Bank.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board board of Directors directors of the Bank (the “Board”)Bank, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the BoardChief Executive Officer and the board of directors of the Bank. Notwithstanding the preceding sentence, subject to the approval of the Boardboard of directors of the Bank, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any other affiliates of the Bank, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 2 contracts
Sources: Employment Agreement (Athens Bancshares Corp), Employment Agreement (Athens Bancshares Corp)
Responsibilities and Duties. (a) As Executive Vice Cleveland City President, the Executive shall report to the Chief Executive Officer and will perform all duties and will have all powers associated with these positions, as set forth in any job description relating provided to the Executive’s position in effect on Executive by the Effective Date Bank or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the Chief Executive Officer of the Bank.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board board of Directors directors of the Bank (the “Board”)Bank, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the BoardChief Executive Officer and the board of directors of the Bank. Notwithstanding the preceding sentence, subject to the approval of the Boardboard of directors of the Bank, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any other affiliates of the Bank, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 2 contracts
Sources: Employment Agreement (Athens Bancshares Corp), Employment Agreement (Athens Bancshares Corp)
Responsibilities and Duties. (a) As President and Chief Executive Vice PresidentOfficer, the Executive shall serve under the board of directors of the Bank and will perform all duties and will have all powers associated with these positions, as set forth in any job description relating provided to the Executive’s position in effect on Executive by the Effective Date Bank or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the Chief Executive Officer board of directors of the Bank.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board board of Directors directors of the Bank (the “Board”)Bank, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Boardboard of directors. Notwithstanding the preceding sentence, subject to the approval of the Boardboard of directors, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any other affiliates of the Bankits affiliates, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 2 contracts
Sources: Employment Agreement (Naugatuck Valley Financial Corp), Employment Agreement (Naugatuck Valley Financial Corp)
Responsibilities and Duties. (a) As Executive Vice PresidentTreasurer and Chief Financial Officer, the Executive shall report to the Chief Executive Officer and will perform all duties and will have all powers associated with these positionsthis position, as set forth in any job description relating provided to the Executive’s position in effect on Executive by the Effective Date Corporation or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the Chief Executive Officer of the BankCorporation.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board board of Directors directors of the Bank (the “Board”)Corporation, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the BoardChief Executive Officer and the board of directors of the Corporation. Notwithstanding the preceding sentence, subject to the approval of the Boardboard of directors of the Corporation, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank Corporation or any other affiliates of the BankCorporation, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 2 contracts
Sources: Employment Agreement (Athens Bancshares Corp), Employment Agreement (Athens Bancshares Corp)
Responsibilities and Duties. (a) As President and Chief Executive Vice PresidentOfficer of the Corporation, the Executive will shall perform all duties and will have all powers associated with these positions, as set forth in any job description relating to the Executive’s position in effect on the Effective Date or as may be set forth in the bylaws of the BankCorporation. The Executive shall report directly to the Chief Executive Officer Board of Directors of the BankCorporation (the “Board”).
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board of Directors of the Bank (the “Board”), the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Boardboard of directors. Notwithstanding the preceding sentence, subject to the approval of the Board, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank Corporation or any other affiliates of the BankCorporation, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 1 contract
Responsibilities and Duties. (a) As Executive Vice President[title], the Executive shall report to the Chief Executive Officer and will perform all duties and will have all powers associated with these positions, as set forth in any job description relating provided to the Executive’s position in effect on Executive by the Effective Date Bank or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the Chief Executive Officer of the Bank.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board board of Directors directors of the Bank (the “Board”)Bank, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the BoardChief Executive Officer and the board of directors of the Bank. Notwithstanding the preceding sentence, subject to the approval of the Boardboard of directors of the Bank, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any other affiliates of the Bank, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 1 contract
Responsibilities and Duties. (a) As Executive Vice PresidentChief Banking Officer, the Executive will perform all duties and will have all powers associated with these the positions, as set forth in any job description relating provided to the Executive’s position in effect on Executive by the Effective Date Bank or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the President and Chief Executive Officer of the Bank.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board board of Directors directors of the Bank (the “Board”)Bank, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Boardboard of directors. Notwithstanding the preceding sentence, subject to the approval of the Boardboard of directors, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any other affiliates of the Bankits affiliates, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 1 contract
Responsibilities and Duties. (a) As President and Chief Executive Vice PresidentOfficer, the Executive will perform all duties and will have all powers associated with these positions, as set forth in any job description relating to the Executive’s position in effect on the Effective Date or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the Chief Executive Officer of the BankBoard.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board of Directors of the Bank (the “Board”), the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Boardboard of directors. Notwithstanding the preceding sentence, subject to the approval of the Board, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any other affiliates of the Bank, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 1 contract
Responsibilities and Duties. (a) As Executive Vice President[title], the Executive shall report to the Chief Executive Officer and will perform all duties and will have all powers associated with these positionsthis position, as set forth in any job description relating provided to the Executive’s position in effect on Executive by the Effective Date Corporation or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the Chief Executive Officer of the BankCorporation.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board board of Directors directors of the Bank (the “Board”)Corporation, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the BoardChief Executive Officer and the board of directors of the Corporation. Notwithstanding the preceding sentence, subject to the approval of the Boardboard of directors of the Corporation, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank Corporation or any other affiliates of the BankCorporation, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 1 contract
Responsibilities and Duties. (a) As Executive Vice PresidentChief Financial Officer and Chief Operating Officer, the Executive will perform all duties and will have all powers associated with these the positions, as set forth in any job description relating provided to the Executive’s position in effect on Executive by the Effective Date Bank or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the Chief Executive Officer of the Bank.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board board of Directors directors of the Bank (the “Board”)Bank, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Boardboard of directors. Notwithstanding the preceding sentence, subject to the approval of the Boardboard of directors, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any other affiliates of the Bankits affiliates, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 1 contract
Responsibilities and Duties. (a) As Executive Vice President[title], the Executive will shall perform all duties and will have all powers associated with these positions, as set forth in any job description relating provided to the Executive’s position in effect on Executive by the Effective Date Corporation or as may be set forth in the bylaws of the BankCorporation. The Executive shall report directly to the Chief Executive Officer [CEO, or in the case of the BankCEO, the board of directors].
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board board of Directors directors of the Bank (the “Board”)Corporation, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Boardboard of directors. Notwithstanding the preceding sentence, subject to the approval of the Boardboard of directors, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank Corporation or any other affiliates of the BankCorporation, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 1 contract
Responsibilities and Duties. (a) As Executive Vice PresidentPresident and Chief Credit Officer, the Executive will perform all duties and will have all powers associated with these the positions, as set forth in any job description relating provided to the Executive’s position in effect on Executive by the Effective Date Bank or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the President and Chief Executive Lending Officer of the Bank.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board board of Directors directors of the Bank (the “Board”)Bank, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Boardboard of directors. Notwithstanding the preceding sentence, subject to the approval of the Boardboard of directors, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any other affiliates of the Bankits affiliates, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 1 contract
Responsibilities and Duties. (a) As Executive Vice President[title], the Executive shall report to the Chief Executive Officer and will perform all duties and will have all powers associated with these positions, as set forth in any job description relating provided to the Executive’s position in effect on Executive by the Effective Date Employer or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the Chief Executive Officer of Corporation or the Bank.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board boards of Directors directors of the Bank (Corporation and the “Board”)Bank, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Boardboards of directors. Notwithstanding the preceding sentence, subject to the approval of the Boardboards of directors, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank Employer or any other affiliates of the BankEmployer, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 1 contract
Responsibilities and Duties. (a) As Executive Vice President[titles], the Executive will perform all duties and will have all powers associated with these positions, as set forth in any job description relating provided to the Executive’s position in effect on Executive by the Effective Date Bank or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the Chief Executive Officer [CEO or, in case of the BankCEO, the Board of Directors].
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board board of Directors directors of the Bank (the “Board”)Bank, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Boardboard of directors. Notwithstanding the preceding sentence, subject to the approval of the Boardboard of directors, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any other affiliates of the Bank, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 1 contract
Responsibilities and Duties. (a) As Executive a Vice PresidentPresident of the Corporation, the Executive will shall perform all duties and will have all powers associated with these positions, as set forth in any job description relating to the Executive’s position in effect on the Effective Date or as may be set forth in the bylaws of the BankCorporation. The Executive shall report directly to the Chief Executive Officer of the BankCorporation.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board of Directors of the Bank Corporation (the “Board”), the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Board. Notwithstanding the preceding sentence, subject to the approval of the Board, the Executive may serve as a member of the board of directors Board of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank Corporation or any other affiliates of the BankCorporation, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 1 contract
Responsibilities and Duties. (a) As Executive a Vice PresidentPresident of the Corporation, the Executive will shall perform all duties and will have all powers associated with these positions, as set forth in any job description relating to the Executive’s position in effect on the Effective Date or as may be set forth in the bylaws of the BankCorporation. The Executive shall report directly to the Chief Executive Officer of the BankCorporation.
(b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the Board of Directors of the Bank Corporation (the “Board”), the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the Board. Notwithstanding the preceding sentence, subject to the approval of the Board, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank Corporation or any other affiliates of the BankCorporation, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.
Appears in 1 contract