Specific Authority and Responsibility Clause Samples
The 'Specific Authority and Responsibility' clause defines the particular powers and duties assigned to a party or individual under an agreement. It typically outlines which actions a person is authorized to take on behalf of the organization, such as signing contracts, making decisions, or managing certain operations, and clarifies the limits of that authority. By clearly delineating roles and responsibilities, this clause helps prevent misunderstandings, ensures accountability, and reduces the risk of unauthorized actions.
Specific Authority and Responsibility. Not in limitation of the authority and responsibility of the position as described in section 1, Executive shall have overall authority and responsibility to hire, discharge, and determine the compensation and duties of employment of all personnel of the Employer (other than members of the Board in their capacity as Directors). In addition, as chief executive officer, Executive shall perform any special duties assigned or delegated to Executive by the Board and, unless otherwise directed by the Board, shall:
(a) Receive notice of and attend meetings of the Board and its Executive Committee, and report to the Board and its duly authorized committees as they shall require on all phases of operation of the Employer, including all services rendered in connection with the operation of the Employer, employment of personnel, and acquisition and disposition of assets.
(b) Be responsible for supervising and implementing the Employer’s policies and operating programs, budgets, procedures, and directions established or changed from time to time (collectively, the “Policies and Programs”) adopted by the Board.
(c) Direct the management and conduct of the operations of the Employer in the ordinary course of its business pursuant to the Policies and Programs of the Employer, provided that Executive shall not take any of the following actions without the prior approval of the Chairman of the Employer:
(1) Employ or enter into any employment agreement not terminable at the will of the Employer; or
(2) Enter into any transaction, agreement, or take any other action that is outside the ordinary course of the Employer’s business or contrary to the Policies and Programs.
Specific Authority and Responsibility. Not in limitation of the authority and responsibility of the position as described in section 1, Executive shall have overall authority and responsibility to hire, discharge, and determine the compensation and duties of employment of all personnel of the Employer (other than members of the Board in their capacity as Directors). In addition as chief executive officer, Executive shall perform any special duties assigned or delegated to Executive by the Board and, unless otherwise directed by the Board, shall: (a) Receive notice of and attend meetings of the Board and its Executive Committee, and report to the Board and its duly authorized committees as they shall require on all phases of operation of the Employer, including all services rendered in connection with the operation of the Employer, employment of personnel, and acquisition and disposition of assets.
Specific Authority and Responsibility. Not in limitation of the authority and responsibility of the position as described in section 2.1, Consultant shall perform any special duties assigned or delegated to Consultant by the Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”) and, unless otherwise directed by the CEO, shall:
(a) Report directly to the CEO and will keep the CEO informed of all matters concerning the Services as requested by the CEO from time to time;
(b) Support fundraising processes through introductions to broker dealers, institutional investors, and family officers, and conducting key diligence analyses, and partnering with legal on deal execution;
(c) Partner with company leadership to drive complex, cross-functional strategic initiatives that impact all aspects of the business and organization;
(d) Execute merger and acquisition and strategic investment processes from end-to-end, including sourcing opportunities, conducting financial analysis, structuring and negotiating transactions, due diligence, and integrating targeted businesses/joint ventures;
(e) Manage valuation analyses; determine appropriate valuation methodologies; and building and reviewing financial models built by team members;
(f) Identify opportunities to leverage the strengths of the Company investor base to add strategic value to the Company;
(g) Build strategic relationships with key stakeholders in the tech, cannabis and finance ecosystems, including investors, large corporates, and other startups, to stay on top of industry trends and the fintech competitive landscape;
(h) Collect and report information on all competitive activity, business opportunities, voice of customer, sales trends and results within the assigned market providing input during monthly business review;
(i) Provide insightful analysis on strategic plans, business development projects, competitive dynamics and future market development;
(j) Monitor targeted domestic and international market developments to keep the Company alive to near and longer term opportunities;
(k) Travel, as necessary to attend exhibitions/meetings abroad to represent the Company; and
(l) Work with finance and operations teams to conduct analysis and create deliverables for board meetings and key investor updates.
Specific Authority and Responsibility. Not in limitation of the authority and responsibility of the position as described in section 2.1, Consultant shall perform any special duties assigned or delegated to Consultant by the Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”) and, unless otherwise directed by the CEO, shall:
(a) Report directly to the CEO and will keep the CEO informed of all matters concerning the Services as requested by the CEO from time to time;
(b) Contribute to market research, including identifying market potential and finding opportunities for growth;
(c) Build and maintain long term relationships with new customers through daily contact, making presentations, frequent visits;
(d) Participates in sales activities including telephone contacts, trade seminars and shows, product demonstrations/evaluations, customer seminars and channel management;
(e) Develop and execute to a sales business plan and manage as one’s own business;
(f) Engages stakeholders and internal resources to best serve customers;
(g) Collects and report information on all competitive activity, business opportunities, voice of customer, sales trends and results within the assigned market providing input during monthly business review;
(h) Uses metrics, KPI, and forecasting to self-manage productivity;
(i) Develop, nurture, and understand health of customer opportunity funnel and openly works with leadership and sales operations to ensure best results;
(j) Assist with the hiring and support, team of sales managers by assisting with quoting and other support functions as needed to ensure the success of the team;
(k) Collaborate with sales support, customer support, project management in order to ensure a quality customer experience;
(l) Travel, as necessary to attend exhibitions/meetings abroad to represent the Company and its services with solutions; and
(m) Collaborate with technical support department and product specialists to address customer requirements.
Specific Authority and Responsibility. Not in limitation of the authority and responsibility of the position as described in section 2.1, Consultant shall have overall authority and responsibility for all revenue operations – defining and maintaining the Company’s revenue strategy, revenue systems, and revenue programs. In addition, as CRO, Consultant shall perform any special duties assigned or delegated to Consultant by the Board and, unless otherwise directed by the Board, shall:
(a) Report directly to the CEO and will keep the CEO informed of all matters concerning the Services as requested by the Board from time to time. Work closely with the CEO and executive team to develop and implement growth strategies and manage change.
(b) Be responsible for revenue strategy by: defining ideal buyers, select market segments and isolate audiences to engage using data-driven insights; setting top-down goals and metrics based on both internal goals and external market opportunities in selected markets; partnering with product teams to define differentiated offerings; developing and refining offer value propositions and differentiated positioning; articulating solutions and products value differentiators; defining go- to-market models across offers and segments to access buyers, customers, and influencers; organizing revenue teams around buyer segments, accounts and decision making units; and creating and managing a portfolio of programs to attract, engage and convert prospective customers.
(c) Be responsible for revenue operations including sales team organizational structures and sales and marketing (revenue) processes tailored for each customer segment. Implementing predictable, repeatable, and scalable sales and marketing processes Attracting, hiring, training, and retaining top sales, marketing and customer success talent and building a performance driven culture Structuring and managing successful relationships with alliance and channel partners.
(d) Be responsible for all revenue programs including the design and execution of all marketing and sales campaigns and programs to optimize buyer engagement and sales conversions. Grow recurring revenue, such as through a ▇▇▇▇ (Hardware as a Service) program.
(e) Be responsible for and implement corporate, internal and external customer communication strategies. Provide leadership around consistent and positive messaging for internal and external customers/partners and ag industry leaders. Act as spokesperson for the company with media and analysts at in...
Specific Authority and Responsibility. In addition to the rights and powers set forth in Section 10.6 hereof, and without limiting the generality thereof, the General Partner shall have the following specific powers, rights, and duties in connection with the development and operation of the Project, subject to Section 10.8 hereof:
(a) acquire, finance, and insure the Project real estate for the Partnership in accordance with Sections 10.8, 10.9, and 10.11 hereof;
(b) lease, operate, and manage the Project for rental to persons and families of low income as required under Sections 10.13 through 10.15 hereof;
(c) to make improvements to the Project; and
(d) sell the Project. Each Partner and its designated agents, including without limitation any construction and management consultants, shall at all reasonable times have free access to and the right to inspect the Project and all records pertaining thereto, and the General Partner shall cooperate with any such inspections and answer (in writing if requested) all inquiries relating thereto; provided that any such Partner or consultant shall provide reasonable advance notice of any inspection, shall make copies and incur such other inspection costs at its own expense, and shall not interfere with the business operations at the Project.
Specific Authority and Responsibility. Not in limitation of the authority and responsibility of the position as described in section 2.1, Consultant shall have overall authority and responsibility to hire, discharge, and determine the compensation and duties of employment of all personnel of the Company (other than officers and members of the Board in their capacity as Directors). In addition, as Chief Financial Officer, Consultant shall perform any special duties assigned or delegated to Consultant by the Board and, unless otherwise directed by the Board, shall:
(a) Report directly to the Board and will keep the Board informed of all matters concerning the Services as requested by the Board from time to time.
(b) Receive notice of and attend meetings of the Board, and report to the Board and its duly authorized committees as they shall require on all phases of operation of the Company, including all services rendered in connection with the financial operation of the Company, and keep the Board informed of all matters assumed to be of significant interest to the Board.
(c) Be responsible for providing or causing to be provided all internal accounting, asset valuation (in consultation with the Company’s CEO), and audit services in respect of the Company and other usual and ordinary office facilities, supplies and services necessary or desirable for carrying on the financial management and administration of the Company;
(d) Prepare or cause to be prepared accounting, management and other reports, including reports of the Company’s performance to shareholders, interim and annual reports to shareholders and financial statements, such financial statements to be prepared in accordance with Canadian generally accepted accounting principles (including, without limitation, International Financial Reporting Standards), as applicable from time to time applied on a consistent basis;
(e) Authorize payment on behalf of the Company of expenses incurred on behalf of the Company and negotiate contracts with third party providers of services (including, but not limited to, custodians, transfer agents, legal counsel, auditors, insurance companies and printers);
(f) Keep and maintain the books and records of the Company and supervise compliance by the Company with record-keeping requirements under applicable law;
(g) Deal with banks, insurance companies and custodians, including the maintenance of bank records and the negotiation and securing of bank financing or refinancing and insurance policies;
(h) Monitor rel...