Common use of Acceptance of Employment by Employee Clause in Contracts

Acceptance of Employment by Employee. The Employee hereby accepts such employment and agrees to render the services described above. The Employee further agrees to accept election and to serve during all or any part of the term as an officer or director of the Company and of any subsidiary or affiliate of the Company (or of any other corporation at the Company's reasonable request) without any compensation therefor, other than that specified in this Agreement if elected to any such position by the shareholders or by the Board of Directors of the Company or of any subsidiary or affiliate (or other corporation), as the case may be.