Common use of Responsibilities and Duties Clause in Contracts

Responsibilities and Duties. (a) As President and Chief Executive Officer, the Executive shall serve under the board of directors of the Corporation and will perform all duties and will have all powers associated with these positions, as set forth in any job description provided to the Executive by the Corporation or as may be set forth in the bylaws of the Corporation. In addition, the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the Corporation. The Executive shall report directly to the board of directors of the Corporation. (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 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 board of directors. Notwithstanding the preceding sentence, subject to the approval of the board 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 Corporation or any other affiliates of the Corporation, 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.

Responsibilities and Duties. (a) As President and Chief Executive Officer[positions], the Executive shall serve under the board boards of directors of the Corporation Bank and the Company and will perform all duties and will have all powers associated with these positionsthe position, as set forth in any job description provided to the Executive by the Corporation Bank or by the Company or as may be set forth in the bylaws of the Corporation. In addition, Bank or the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the CorporationCompany. The Executive shall report directly to the board boards of directors of the CorporationBank and the Company. (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 of the CorporationBank and the Company, the Executive will devote substantially all of his business time, attention, skill and efforts necessary to the faithful performance of perform his duties under this Agreement, including activities and duties directed by the board boards of directors. Notwithstanding the preceding sentence, subject to the approval of the board boards of directors, the Executive may serve as a member of the board of directors of business, community and charitable organizationsorganizations or conduct affairs related to other business interests, 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 Corporation Bank, the Company or any other affiliates of the Corporationtheir 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.

Responsibilities and Duties. (a) As President and Chief Executive Officer, the Executive shall serve under the board of directors of the Corporation Bank and will perform all duties and will have all powers associated with these positions, as set forth in any job description provided to the Executive by the Corporation Bank or as may be set forth in the bylaws of the CorporationBank. In addition, the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the CorporationBank. The Executive shall report directly to the board of directors of the CorporationBank. (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 CorporationBank, 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 of directors. Notwithstanding the preceding sentence, subject to the approval of the board 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 Corporation Bank or any other affiliates of the CorporationBank, 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.

Responsibilities and Duties. (a) As President and Chief Executive Officer, the Executive shall serve under the board of directors of the Corporation and will perform all duties and will have all powers associated with these positions, as set forth in any job description provided to the Executive by the Corporation Bank or as may be set forth in the bylaws of the CorporationBank. In addition, the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the CorporationBank. The Executive shall report directly to the board of directors of the CorporationBank. (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 CorporationBank, 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 of directors. Notwithstanding the preceding sentence, subject to the approval of the board 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 Corporation Bank or any other affiliates of the CorporationBank, 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.

Responsibilities and Duties. (a) As President Vice President, Chief Financial Officer and Chief Executive OfficerSecretary-Treasurer of the Corporation, the Executive shall serve under the board of directors of the Corporation and will perform all duties and will have all powers associated with these positions, as set forth in any job description provided relating to the Executive by Executive’s position in effect on the Corporation Effective Date or as may be set forth in the bylaws of the Corporation. In addition, the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the Corporation. The Executive shall report directly to the board of directors Chief Executive Officer of the Corporation. (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 CorporationCorporation (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 of directorsBoard. Notwithstanding the preceding sentence, subject to the approval of the board of directorsBoard, 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 Corporation or any other affiliates of the Corporation, 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.

Responsibilities and Duties. (a) As President Chairman of the Board and Chief Executive Officer, the Executive shall serve under the board of directors of the Corporation Bank and will perform all duties and will have all powers associated with these the positions, as set forth in any job description provided to the Executive by the Corporation Bank or as may be set forth in the bylaws of the Corporation. In addition, the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the CorporationBank. The Executive shall report directly to the board of directors of the CorporationBank. (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 CorporationBank, 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 of directors. Notwithstanding the preceding sentence, subject to the approval of the board 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 Corporation Bank or any other affiliates of the Corporationits 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.

Responsibilities and Duties. (a) As President Executive Vice President, Chief Financial Officer and Chief Executive OfficerSecretary-Treasurer of the Bank, the Executive shall serve under the board of directors of the Corporation and will perform all duties and will have all powers associated with these positions, as set forth in any job description provided relating to the Executive by Executive’s position in effect on the Corporation Effective Date or as may be set forth in the bylaws of the Corporation. In addition, the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the CorporationBank. The Executive shall report directly to the board of directors Chief Executive Officer of the CorporationBank. (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 CorporationBank (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 of directorsBoard. Notwithstanding the preceding sentence, subject to the approval of the board of directorsBoard, 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 Corporation Bank or any other affiliates of the CorporationBank, 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.

Responsibilities and Duties. (a) As President and Chief Executive Officer, the Executive shall serve under the board boards of directors of the Corporation and will perform all duties and will have all powers associated with these positions, as set forth in any job description provided to the Executive by the Corporation Employer or as may be set forth in the bylaws of the CorporationCorporation or the Bank. In addition, the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the CorporationEmployer. The Executive shall report directly to the board boards of directors of the Corporationdirectors. (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 of the CorporationCorporation and the 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 board boards of directors. Notwithstanding the preceding sentence, subject to the approval of the board boards 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 Corporation Employer or any other affiliates of the CorporationEmployer, 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.

Responsibilities and Duties. (a) As Executive Vice President and Chief Executive Operating Officer, the Executive shall serve under the board of directors President and Chief Executive Officer of the Corporation Bank and will perform all duties and will have all powers associated with these positions, as set forth in any job description provided to the Executive by the Corporation Bank or as may be set forth in the bylaws of the Corporation. In addition, the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the CorporationBank. The Executive shall report directly to the board of directors President and Chief Executive Officer of the CorporationBank. (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 President and Chief Executive Officer of the CorporationBank, 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 of directorsPresident and Chief Executive Officer. Notwithstanding the preceding sentence, subject to the approval of the board 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 Corporation Bank or any other affiliates of the Corporationits 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.

Responsibilities and Duties. (a) As President and Chief Executive Officer, the Executive shall serve under the board of directors of the Corporation and will perform all duties and will have all powers associated with these positions, as set forth in any job description provided to the Executive by the Corporation or as may be set forth in the bylaws of the Corporation. In addition, the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the Corporation. The Executive shall report directly to the board of directors of the Corporation. (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 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 board of directors. Notwithstanding the preceding sentence, subject to the approval of the board 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 Corporation or any other affiliates of the Corporation, 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.