Employment Term Duties and Responsibilities a. During the Term (as hereinafter defined) of this Agreement, the Company agrees to employ Executive and Executive agrees to serve as President and Chief Executive Officer of the Company through December 31, 1999. As of January 1, 2000, Executive shall become Chairman of the Board of the Company and will perform such other duties assigned to him by the Chief Executive Officer and the Board of Directors of the Company (the "Company Board") and agreed to by Executive. In the event that Executive shall elect to resign from the Company Board, Executive shall continue as a full-time executive officer of the Company performing such duties as the Chief Executive Officer, the Company Board and Executive shall mutually agree. As of January 1, 2000, in his capacity as an executive officer of the Company, Executive will report directly to the Chief Executive Officer of the Company. During the Term, Executive agrees to serve Company faithfully and to the best of his ability; to devote his entire time, energy and skill during regular business hours (except for illness or incapacity and except for vacation time as provided herein) to such employment; to use his best efforts, skills and ability to promote its interests; if elected, to serve as a director of Company and its subsidiaries or affiliated corporations or entities; and to perform such duties as from time to time may be assigned to him, subject to the preceding paragraph hereof. Notwithstanding the foregoing, Executive may engage in charitable, academic and public and industry service activities so long as such activities do not materially interfere with the performance of his duties and responsibilities under this Agreement.
Employment Term Duties and Responsibilities. The Executive’s employment with the Company shall be subject to the following:
Employment Term Duties and Responsibilities. 1.1. Employment as President and Chief Operating Officer (“COO”). The Company wishes to employ Executive as its President and Chief Operating Officer, and Executive hereby accepts such employment, subject to the terms and conditions of this Agreement. Executive represents and warrants to the Company that he is not a party to any agreement that would restrict or prohibit him from being employed by the Company.
Employment Term Duties and Responsibilities
