Common use of Specific Duties Clause in Contracts

Specific Duties. Employee shall serve as the Bank's President and Chief Executive Officer, through appointment by the Board. In such capacity, Employee shall have the same powers, duties and responsibilities of supervision and management of the Bank usually accorded to Presidents and Chief Executive Officers of similar financial institutions. In addition, Employee shall use his best efforts to perform the duties and responsibilities enumerated in this Agreement and any other duties assigned to Employee by the Board and to utilize and develop contacts and customers to enhance the business of the Bank. Specifically, Employee shall devote his full business time and attention and use his best efforts to accomplish and fulfill the following duties and responsibilities, as well as other duties assigned to Employee from time to time by the Board: (i) serve as the President and Chief Executive Officer of the Bank; (ii) perform such executive services for the Bank as may be consistent with his titles or be assigned to him by the Board; (iii) serve on such committees as appointed by the Board from time to time; (iv) keep the other executives of the Bank and the Board informed of important developments concerning the Bank's activities, industry developments and regulatory initiatives affecting the Bank; (v) maintain adequate expense records relating to Employee's activities on behalf of the Bank; (vi) increase the business of the Bank; (vii) coordinate with the Bank's other executives to the extent necessary to further the business of the Bank, keeping in compliance with government laws and regulations and otherwise keeping the Bank in as good a financial and legal posture as possible; and (viii) conduct and undertake all other activities, responsibilities, and duties normally expected to be undertaken and accomplished by a President or Chief Executive Officer of a financial institution similar in scope and operation to the Bank's business.

Specific Duties. Employee shall serve as the Bank's President and Chief Executive Officer, through appointment Senior Loan Officer or in such other position as shall be designated by the BoardBoard of Directors in its sole discretion. In such capacity, Employee shall have the same powers, duties and responsibilities of supervision and management of the Bank usually accorded to Presidents and Chief Executive Senior Loan Officers of similar financial institutions. In addition, Employee shall use his best efforts to perform the duties and responsibilities enumerated in this Agreement and any other duties assigned to Employee by the Board and to utilize and develop contacts and customers to enhance the business of the Bank. Specifically, Employee shall devote his full business time and attention and use his best efforts to accomplish and fulfill the following duties and responsibilities, as well as other duties assigned to Employee from time to time by the Board: (i) serve as the President and Chief Executive Senior Loan Officer of the Bank; (ii) perform such executive services for the Bank as may be consistent with his titles or be assigned to him by the Board; (iii) serve on such committees as appointed by the Board from time to time; (iv) keep the other executives of the Bank and the Board informed of important developments concerning the Bank's activities, industry developments and regulatory initiatives affecting the Bank; (v) maintain adequate expense records relating to Employee's activities on behalf of the Bank; (vi) increase the business of the Bank; (vii) coordinate with the Bank's other executives to the extent necessary to further the business of the Bank, keeping in compliance with government laws and regulations and otherwise keeping the Bank in as good a financial and legal posture as possible; and (viiivii) conduct and undertake all other activities, responsibilities, and duties normally expected to be undertaken and accomplished by a President or Chief Executive Senior Loan Officer of a financial institution similar in scope and operation to the Bank's business.

Specific Duties. Employee shall serve as the Bank's President and Chief Executive Officer, through appointment election by the Board. In such capacity, Employee shall have the same powers, duties and responsibilities of supervision and management of the Bank usually accorded to Presidents a President and Chief Executive Officers Officer of similar financial institutions. In addition, Employee shall use his best efforts to perform the duties and responsibilities enumerated in this Agreement and any other duties assigned to Employee by the Board and to utilize and develop contacts and customers to enhance the business of the Bank. Specifically, Employee shall devote his full business time and attention and use his best efforts to accomplish and fulfill the following duties and responsibilities, as well as other duties assigned to Employee from time to time by the Board: (i) serve as the President and Chief Executive Officer of the Bankmanage Bank personnel; (ii) perform such executive services for the Bank as may be consistent with his titles or be assigned to him by the Board; (iii) serve on such committees as appointed by the Board from time to time; (iii) supervise all Bank activities; (iv) work closely with the Bank's Executive Vice President, ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, specifically in the area of Bank operations; (v) keep the other executives of the Bank and the Board informed of important developments concerning the Bank's activities, industry developments and regulatory initiatives affecting the Bank; (vvi) maintain adequate expense records relating to Employee's activities on behalf of the Bank; (vivii) recommend marketing efforts to increase the business of the Bank; (viiviii) coordinate with the Bank's Executive Vice President, other executives officers, accountants, auditors and counsel to the extent necessary to further the business of the Bank, keeping in compliance with government laws and regulations and otherwise keeping the Bank in as good a financial and legal posture as possible; and (viiiix) conduct and undertake all other activities, responsibilities, and duties normally expected to be undertaken and accomplished by a President or and Chief Executive Officer of a financial institution similar in scope and operation to the Bank's business.

Specific Duties. Employee shall serve as the Bank's President and Chief Executive OfficerFinancial Officer of CCBI and the President and Chief Operations Officer of the Bank, through appointment election by the Board. In such capacitycapacities, Employee shall have the same powers, duties and responsibilities of supervision and management of the Bank usually accorded to Presidents and Chief Executive Officers the same officers of similar bank holding companies or financial institutions. In addition, Employee shall use his best efforts to perform the duties and responsibilities enumerated described in this Agreement and any other duties assigned to Employee by the Chief Executive Officer and/or the Board and to utilize and develop contacts and customers to enhance the business of the BankCompany. Specifically, Employee shall devote his full business time and attention and use his best efforts to accomplish and fulfill the following duties and responsibilities, as well as other duties assigned to Employee from time to time by the Board: (i) serve as the an Executive Officer of CCBI and President and Chief Executive Operations Officer of the Bank; (ii) perform such executive services for the Bank serve as may be consistent with his titles or be assigned to him by a member of the Board, if and when elected to such positions; (iii) serve on such committees as appointed by the Board from time to time; (iv) keep the other executives of the Bank develop, review and the Board informed of important developments concerning the Bank's activities, industry developments and regulatory initiatives affecting monitor all operating systems for the Bank; (v) maintain adequate expense records relating to Employee's activities on behalf of the Bankdevelop, review and monitor all financial reporting, auditing and record keeping systems for CCBI; (vi) increase coordinate the business of budgeting process for the BankCompany with the Chief Executive Officer to insure that budgetary goals and projections are being met; (vii) participate with the Chief Executive Officer in the strategic planning process of the Company (this includes the identification, development and implementation of approved complementary business activities and subsidiaries; (viii) monitor daily financial statements for the Company; (ix) assess the developmental needs and career paths of all employees of the Company and make recommendations to the Chief Executive Officer of the Company; and (x) coordinate with the BankCompany's attorneys and accountants, and other executives service providers to the extent necessary to further the business of the BankCompany, keeping in compliance with government laws and regulations and otherwise keeping the Bank Company in as good a financial and legal posture as possible; and (viii) conduct and undertake all other activities, responsibilities, and duties normally expected to be undertaken and accomplished by a President or Chief Executive Officer of a financial institution similar in scope and operation to the Bank's business.

Specific Duties. Employee shall serve as the Bank's President and Chief Executive OfficerPresident, through appointment by the Board. In such capacity, Employee shall have the same powers, duties and responsibilities of supervision and management of the Bank usually accorded to Presidents and Chief Executive Officers of similar financial institutions. In addition, Employee shall use his best efforts to perform the duties and responsibilities enumerated in this Agreement and any other duties assigned to Employee by the Board and to utilize and develop contacts and customers to enhance the business of the Bank. Specifically, Employee shall devote his full business time and attention and use his best efforts to accomplish and fulfill the following duties and responsibilities, as well as other duties assigned to Employee from time to time by the Board: (i) serve as the President and Chief Executive Officer of the Bank; (ii) perform such executive services for the Bank as may be consistent with his titles or be assigned to him by the Board; (iii) serve on such committees as appointed by the Board from time to time; (iv) keep the other executives of the Bank and the Board informed of important developments concerning the Bank's activities, industry developments and regulatory initiatives affecting the Bank; (v) maintain adequate expense records relating to Employee's activities on behalf of the Bank; (vi) increase the business of the Bank; (vii) coordinate with the Bank's other executives to the extent necessary to further the business of the Bank, keeping in compliance with government laws and regulations and otherwise keeping the Bank in as good a financial and legal posture as possible; and (viii) conduct and undertake all other activities, responsibilities, and duties normally expected to be undertaken and accomplished by a President or Chief Executive Officer of a financial institution similar in scope and operation to the Bank's business.

Specific Duties. Employee shall serve as the Bank's President and Chief Executive OfficerOfficer for the Bank and its parent holding company, Indian River Banking Company (collectively, "Company"), through appointment election by the Boardrespective Boards. In such capacitycapacities, Employee shall have the same powers, duties and responsibilities of supervision and management of the Bank Company usually accorded to Presidents a President and Chief Executive Officers Officer of similar financial institutionsinstitutions and holding companies and shall report directly to the Company's Board of Directors. In addition, Employee shall use his Employee's best efforts to perform the duties and responsibilities enumerated in this Agreement and any other duties assigned to Employee by the Company's Board of Directors and to utilize and develop contacts and customers to enhance the business of the BankCompany. Specifically, Employee Employee's duties shall devote his full business time and attention and use his best efforts to accomplish and fulfill the following duties and responsibilitiesinclude, as well as other duties assigned to Employee from time to time by the Boardbut not be limited to: (i) serve as the President and Chief Executive Officer of the BankCompany; (ii) serve on the Board, subject to his being elected by the Company's shareholders; (iii) perform such executive services for the Bank Company as may be consistent with his titles or be assigned to him by the BoardBoards; (iiiiv) serve on such committees as appointed by the Board Boards from time to time; (ivv) keep the other executives of the Bank Company and the Board Boards informed of important developments concerning the BankCompany's activities, industry developments and regulatory initiatives affecting the BankCompany; (vvi) maintain adequate expense records relating to Employee's activities on behalf of the BankCompany; (vivii) increase the business of the BankCompany; (viiviii) coordinate with the BankCompany's other executives executives. accountants and attorneys to the extent necessary to further the business of the Bank, keeping in compliance with government laws and regulations and otherwise keeping the Bank in as good a financial and legal posture as possible; and (viiiix) conduct and undertake all other activities, responsibilities, and duties normally expected to be undertaken and accomplished by a President or Chief Executive Officer of a financial institution similar in scope and operation to the BankCompany's business.

Specific Duties. Employee shall serve as the Chief Operating Officer of the Bank's President and Chief Executive Officer, through appointment election by the Board. In such capacity, Employee shall have the same powers, duties and responsibilities of supervision and management of the Bank usually accorded to Presidents and a Chief Executive Officers Operating Officer of similar financial institutionsinstitutions and shall report directly to the Chief Executive Officer. In addition, Employee shall use his best efforts to perform the duties and responsibilities enumerated in this Agreement and any other duties assigned to Employee by the Chief Executive Officer or the Board and to utilize and develop contacts and customers to enhance the business of the BankEmployer. Specifically, Employee Employee's duties shall devote his full business time and attention and use his best efforts to accomplish and fulfill the following duties and responsibilitiesinclude, as well as other duties assigned to Employee from time to time by the Boardbut not be limited to: (i) serve as the President building and Chief Executive Officer of the Bankmaintaining a high quality employee team; (ii) perform such executive services for overseeing and supervising all of the Bank as may be consistent with his titles or be assigned to him by the BoardBank's operating activities; (iii) serve on such committees as appointed by supervising the Board from time to timeBank's human resource and marketing departments; (iv) keep keeping the other executives of the Bank and the Board Bank's Chief Executive Officer informed of important developments concerning the Bank's activities, industry developments and regulatory initiatives affecting the Bank; (v) maintain adequate expense records relating establishing and implementing marketing efforts to Employee's activities on behalf of the Bank; (vi) increase the business of the Bank, including increasing the Bank's fee and interest income; (vi) assisting the Bank's Chief Executive Officer with the preparation of the Bank's annual business plan and budget; (vii) coordinate implementing and monitoring the Bank's annual business plan and budget; (viii) recommending to the Bank's Chief Executive Officer any necessary revisions to the Bank's three-year business plan; (ix) coordinating with the Bank's attorneys, accountants and other executives service providers to the extent necessary to further the business of the Bank, keeping in compliance with government laws and regulations and otherwise keeping the Bank in as good a financial and legal posture as possible; (x) being responsible for the oversight of the Bank's branch network, as branches open; (xi) maintaining adequate expense records relating to Employee's activities on behalf of the Bank; and (viiixii) conduct conducting and undertake undertaking all other activities, responsibilities, and duties normally expected to be undertaken and accomplished by a President or the Chief Executive Operating Officer of a financial institution similar in scope size and operation to the Bank's business.

Specific Duties. Employee shall serve as the Bank's President and Chief Executive Officer, through appointment election by the Board. In such capacity, Employee shall have the same powers, duties and responsibilities of supervision and management of the Bank usually accorded to Presidents the President and Chief Executive Officers Officer of similar financial institutions. In addition, Employee shall use his best efforts to perform the duties and responsibilities enumerated in this Agreement and any other duties assigned to Employee by the Board and to utilize and develop contacts and customers to enhance the business of the Bank. Specifically, Employee shall devote his full business time and attention and use his best efforts to accomplish and fulfill the following duties and responsibilities, as well as other duties assigned to Employee from time to time by the Board: (i) serve as the President build and Chief Executive Officer of the Bankmaintain a high quality management team; (ii) perform such executive services for build and manage the Bank as may be consistent with his titles or be assigned to him by the BoardBank's branch network; (iii) manage Bank personnel and reduce employee turnover; (iv) serve as a member of the Board of Directors, if and when elected to such a position; (v) serve on such committees as appointed by the Board from time to time; (ivvi) keep the other executives of the Bank and the Board informed of important developments concerning the Bank's activities, industry developments and regulatory initiatives affecting the Bank; (vvii) maintain adequate expense records relating to Employee's activities on behalf of the Banksupervise all commercial loans and assist in their proper servicing and resolution; (viviii) establish and implement marketing efforts to increase the business of the Bank; (viiix) coordinate with the Bank's attorneys and accountants and other executives service providers to the extent necessary to further the business of the Bank, keeping in compliance with government laws and regulations and otherwise keeping the Bank in as good a financial and legal posture as possible; and (viiix) maintain adequate expense records relating to Employee's activities on behalf of the Bank; (xi) conduct and undertake all other activities, responsibilities, and duties normally expected to be undertaken and accomplished by a the President or and Chief Executive Officer of a financial institution similar in scope and operation to the Bank's business.