Common use of Employment and Responsibilities Clause in Contracts

Employment and Responsibilities. (a) The Company hereby agrees to employ the Executive and the Executive hereby agrees to serve the Company on the terms and conditions set forth herein. (b) During the Term (as defined below) of this Agreement, the Executive shall be employed as the Chief Operating Officer and Secretary of the Company and shall report to the Board of Directors of the Company (the "Board"). The Executive shall be responsible for the overall operations of the Company and shall have such other duties and responsibilities as the Board may from time to time prescribe, consistent with the Executive's position and office. (c) The Executive shall perform and discharge his duties and responsibilities faithfully, diligently and to the best of his ability and in compliance with all applicable federal, state and local laws. The Executive shall devote substantially all his working time and efforts to the business and affairs of the Company. Without limiting the generality of the foregoing, the Executive shall not serve on the Board of Directors, or otherwise participate in the business, of any company or entity other than the Parent and the Company and their affiliates; provided, however, upon the approval of the Board and provided that such activities do not interfere with the Executive's performance of his duties and responsibilities to the Parent and the Company, but subject to the other conditions of this Agreement, the Executive may serve on the boards of directors or trustees of one or more organizations in a non-executive capacity. The Executive agrees to comply with all reasonable rules, regulations and policies established by the Company. (d) The Executive shall act only in accordance with the Certificates of Incorporation and By-laws of the Parent and the Company, respectively, and shall comply and promptly give the Parent such information as the Parent may require to enable it to comply with the requirements of all applicable rules and regulations from time to time laid down by the London Stock Exchange plc (including the AIM Rules) and/or any other relevant authority. (e) In relation to dealing in any securities of the Parent and any unpublished price sensitive information affecting the securities of any other company, the Executive agrees to comply, where relevant, with every rule of law, every regulation of the AIM Rules, the UK Listing Authority, The London Stock Exchange plc and every regulation of the Parent from time to time in force including compliance with the spirit as well as the letter of the rules for the time being applicable to the relevant stock exchange on which securities of the Parent are for the time being listed or traded, and the Executive will not (and will procure so far as he is able that his spouse and children do not) deal or become or cease to be interested in any securities of the Parent except in accordance with any rules or guidelines in effect from time to time related to securities transactions by senior executives of the Parent (including the Parent's securities dealing code).

Employment and Responsibilities. (a) The Company hereby agrees to employ the Executive and the Executive hereby agrees to serve the Company on the terms and conditions set forth herein. (b) During the Term (as defined below) of this Agreement, the Executive shall be employed as the Chief Operating Executive Officer and Secretary President of the Company and shall report to the Board of Directors of the Company (the "Board"). The Executive shall be responsible for the overall operations of the Company and shall have such other duties and responsibilities as the Board may from time to time prescribe, consistent with the Executive's position and office. (c) The Executive shall perform and discharge his duties and responsibilities faithfully, diligently and to the best of his ability and in compliance with all applicable federal, state and local laws. The Executive shall devote substantially all his working time and efforts to the business and affairs of the Company. Without limiting the generality of the foregoing, the Executive shall not serve on the Board of Directors, or otherwise participate in the business, of any company or entity other than the Parent and the Company and their affiliates; provided, however, upon the approval of the Board and provided that such activities do not interfere with the Executive's performance of his duties and responsibilities to the Parent and the Company, but subject to the other conditions of this Agreement, the Executive may serve on the boards of directors or trustees of one or more organizations in a non-executive capacity. The Executive agrees to comply with all reasonable rules, regulations and policies established by the Company. (d) The Executive shall act only in accordance with the Certificates of Incorporation and By-laws of the Parent and the Company, respectively, and shall comply and promptly give the Parent such information as the Parent may require to enable it to comply with the requirements of all applicable rules and regulations from time to time laid down by the London Stock Exchange plc (including the AIM Rules) and/or any other relevant authority. (e) In relation to dealing in any securities of the Parent and any unpublished price sensitive information affecting the securities of any other company, the Executive agrees to comply, where relevant, with every rule of law, every regulation of the AIM Rules, the UK Listing Authority, The London Stock Exchange plc and every regulation of the Parent from time to time in force including compliance with the spirit as well as the letter of the rules for the time being applicable to the relevant stock exchange on which securities of the Parent are for the time being listed or traded, and the Executive will not (and will procure so far as he is able that his spouse and children do not) deal or become or cease to be interested in any securities of the Parent except in accordance with any rules or guidelines in effect from time to time related to securities transactions by senior executives of the Parent (including the Parent's securities dealing code).

Employment and Responsibilities. (a) The Company hereby agrees to employ the Executive and the Executive hereby agrees to serve the Company on the terms and conditions set forth herein. (b) During the Term (as defined below) of this Agreement, the Executive shall be employed as the Chief Operating Officer and Secretary President of the Company and shall report to the Board of Directors Chief Executive Officer of the Company (the "Board"“CEO”). The Executive shall be responsible for the overall operations of the Company and shall have such other duties and responsibilities as the Board CEO may from time to time prescribe, consistent with the Executive's ’s position and office. (c) The Executive shall perform and discharge his duties and responsibilities faithfully, diligently and to the best of his ability and in compliance with all applicable federal, state and local laws. The Executive shall devote substantially all of his working time and efforts to the business and affairs of the Company. Without limiting the generality of the foregoing, the Executive shall not serve on the Board of Directors, or otherwise participate in the business, of any company or entity other than the Parent and the Company and their affiliates; provided, however, upon the approval of the Board of Directors of the Company (the “Board”) and provided that such activities do not interfere with the Executive's ’s performance of his duties and responsibilities to the Parent and the Company, but subject to the other conditions of this Agreement, the Executive may serve on the boards of directors or trustees of one or more organizations in a non-executive capacity. The Executive agrees to comply with all reasonable rules, regulations and policies established by the Company. (d) The Executive shall act only in accordance with the Certificates of Incorporation and By-laws governing instruments of the Parent and the Company, respectively, Company and shall comply and promptly give the Parent such information as the Parent may require to enable it to comply with the requirements of all applicable rules and regulations from time to time laid down by the London Stock Exchange plc (including the AIM Rules) and/or any other relevant authority. (e) In relation to dealing in any securities of the Parent and any unpublished price sensitive information affecting the securities of any other company, the Executive agrees to comply, where relevant, with every rule of law, every regulation of the AIM Rules, the UK Listing Authority, The the London Stock Exchange plc and every regulation of the Parent from time to time in force including compliance with the spirit as well as the letter of the rules for the time being applicable to the relevant stock exchange on which securities of the Parent are for the time being listed or traded, and the Executive will not (and will procure so far as he is able that his spouse and children do not) deal or become or cease to be interested in any securities of the Parent except in accordance with any rules or guidelines in effect from time to time related to securities transactions by senior executives of the Parent (including the Parent's ’s securities dealing code).

Employment and Responsibilities. (a) The Company hereby agrees to employ the Executive and the Executive hereby agrees to serve the Company on the terms and conditions set forth herein. (b) During the Term (as defined below) of this Agreement, the Executive shall be employed as the Chief Operating Officer Vice President of Sales and Secretary Marketing of the Company and shall report to the Board of Directors of the Company (the "Board"). The Executive shall be responsible for the overall operations of the Company and shall have such other duties and responsibilities as the Board may from time to time prescribe, consistent with the Executive's position and office. (c) The Executive shall perform and discharge his duties and responsibilities faithfully, diligently and to the best of his ability and in compliance with all applicable federal, state and local laws. The Executive shall devote substantially all his working time and efforts to the business and affairs of the Company. Without limiting the generality of the foregoing, the Executive shall not serve on the Board of Directors, or otherwise participate in the business, of any company or entity other than the Parent and the Company and their affiliates; provided, however, upon the approval of the Board and provided that such activities do not interfere with the Executive's performance of his duties and responsibilities to the Parent and the Company, but subject to the other conditions of this Agreement, the Executive may serve on the boards of directors or trustees of one or more organizations in a non-executive capacity. The Executive agrees to comply with all reasonable rules, regulations and policies established by the Company. (d) The Executive shall act only in accordance with the Certificates of Incorporation and By-laws By­laws of the Parent and the Company, respectively, and shall comply and promptly give the Parent such information as the Parent may require to enable it to comply with the requirements of all applicable rules and regulations from time to time laid down by the London Stock Exchange plc (including the AIM Rules) and/or any other relevant authority. (e) In relation to dealing in any securities of the Parent and any unpublished price sensitive information affecting the securities of any other company, the Executive agrees to comply, where relevant, with every rule of law, every regulation of the AIM Rules, the UK Listing Authority, The London Stock Exchange plc and every regulation of the Parent from time to time in force including compliance with the spirit as well as the letter of the rules for the time being applicable to the relevant stock exchange on which securities of the Parent are for the time being listed or traded, and the Executive will not (and will procure so far as he is able that his spouse and children do not) deal or become or cease to be interested in any securities of the Parent except in accordance with any rules or guidelines in effect from time to time related to securities transactions by senior executives of the Parent (including the Parent's securities dealing code).