Common use of Scope of Services and Duties Clause in Contracts

Scope of Services and Duties. During the Term, the Executive agrees to be reasonably available, either in person, by telephone, or via electronic mail to consult, advise, and assist in connection with such matters as the Company may reasonably request and as are within his area of expertise and prior experience, including but not limited to: (a) presiding at all meetings of the Board of Directors; (b) working to assure that the Board of Directors functions effectively and meets its obligations and responsibilities; (c) coordinating with the Chief Executive Officer and the Lead Independent Director in the setting of the agenda and the preparation and distribution of information packages and related matters for meetings of the Board of Directors; (d) with the Lead Director, serving as liaison between management and the Board of Directors; (e) mentoring the Company’s Chief Executive Officer and introducing the Chief Executive Officer to key customers and contacts; (f) serving, at the request of the Chief Executive Officer, as a liaison with customers, government officials and stockholders on behalf of the Company; and (g) performing such other duties as may be fixed by the Board of Directors from time to time. The Executive agrees to devote such time as is reasonably necessary to effectively assist the Company with regard to these matters, but no more than 20% of such time as Executive previously devoted to his responsibilities as an employee of the Company.

Appears in 2 contracts

Sources: Retirement and Non Executive Chairman Agreement, Retirement and Non Executive Chairman Agreement (Tidewater Inc)