Common use of General Description of Duties Clause in Contracts

General Description of Duties. (A) The Employee shall serve as the Vice- Chairman of XStream's board of directors, and shall also serve as Xstream's Secretary and Treasurer. (B) The Employee shall oversee all strategic, regulatory and administrative issues related to the ongoing business needs of XStream and its subsidiaries. The Employee shall at all times be accountable to XStream's Board of Directors. The Employee is expected to work a minimum of 40 hours per week and devote his full time and attention to the operations of XStream. However, nothing shall prohibit the Employee from engaging in charitable and civic activities and managing his personal passive investments, provided that such passive investments are not in a company which competes in a business similar to that of XStream's business. (C) The Employee hereby represents and warrants to XStream that he is subject to no legal, self regulatory organization (e.g., National Association of Securities Dealers, Inc.'s bylaws) or regulatory impediments to the provision of the services called for by this Agreement, or to receipt of the compensation called for under this Agreement or any supplements thereto; and, the Employee hereby irrevocably covenants and agrees to immediately bring to the attention of XStream any facts required to make the foregoing representation and warranty continuingly accurate throughout the term of this Agreement, or any supplements or extensions thereof.

General Description of Duties. (A) The Employee shall serve as the Vice- Chairman of the Board of XStream's board of directors, and shall also serve as Xstream's Secretary and Treasurer. (B) The Employee shall oversee all strategic, regulatory operational and administrative strategic and shareholder issues related to the ongoing business needs of XStream and its subsidiaries. The Employee shall at all times be accountable to XStream's Board of Directors. The Employee is expected to work a minimum of 40 hours per week and devote his full time and attention to the operations of XStream. However, nothing shall prohibit the Employee from engaging in charitable and civic activities and managing his personal passive investments, provided that such passive investments are not in a company which competes in a business similar to that of XStream's business. (C) The Employee hereby represents and warrants to XStream that he is subject to no legal, self regulatory organization (e.g., National Association of Securities Dealers, Inc.'s bylaws) or regulatory impediments to the provision of the services called for by this Agreement, or to receipt of the compensation called for under this Agreement or any supplements thereto; and, the Employee hereby irrevocably covenants and agrees to immediately bring to the attention of XStream any facts required to make the foregoing representation and warranty continuingly accurate throughout the term of this Agreement, or any supplements or extensions thereof.

General Description of Duties. (Aa) The Employee shall serve as the Vice- Chairman president of XStream's board of directorsHampton & Hampton, and shall also serve as Xstream's Secretary and Treasurer.P.A. (Bb) The Employee shall oversee all strategic, regulatory and administrative operational issues related to the ongoing business needs of XStream and its subsidiariesthe Employer. The Employee shall at all times be accountable to XStream's the Board of DirectorsDirectors of both the Employer and Tels. The Employee is expected to work a minimum of 40 hours per week and devote his full time and attention to the operations of XStreamEMPLOYER. However, nothing shall prohibit the Employee from engaging in charitable and civic activities and managing his personal passive investments, provided that such passive investments are not in a company which competes in a business similar to that of XStreamEMPLOYER's business. (Cc) The Employee hereby represents and warrants to XStream EMPLOYER that he is subject to no legal, self regulatory organization (e.g., National Association of Securities Dealers, Inc.'s bylaws) or regulatory impediments to the provision of the services called for by this Agreement, or to receipt of the compensation called for under this Agreement or any supplements thereto; and, the Employee hereby irrevocably covenants and agrees to immediately bring to the attention of XStream EMPLOYER any facts required to make the foregoing representation and warranty continuingly accurate throughout the term of this Agreement, or any supplements or extensions thereof. Notwithstanding anything else contained herein to the contrary nothing contained in this Agreement shall require Employee to accept or be responsible for employment on a full time basis requiring relocation to any facility outside of the state of Minnesota.

General Description of Duties. (A) The Employee shall serve as the Vice- Chairman President and Chief Executive Officer of XStreamXStream and shall serve as a member of Xstream's board of directors, and shall also serve as Xstream's Secretary and Treasurer. (B) The Employee shall oversee all strategic, regulatory operational and administrative issues related to the ongoing business needs of XStream and its subsidiaries. The Employee shall at all times be accountable to XStream's Board of Directors. The Employee is expected to work a minimum of 40 hours per week and devote his full time and attention to the operations of XStream. However, nothing shall prohibit the Employee from engaging in charitable and civic activities and managing his personal passive investments, provided that such passive investments are not in a company which competes in a business similar to that of XStream's business. (C) The Employee hereby represents and warrants to XStream that he is subject to no legal, self regulatory organization (e.g., National Association of Securities Dealers, Inc.'s bylaws) or regulatory impediments to the provision of the services called for by this Agreement, or to receipt of the compensation called for under this Agreement or any supplements thereto; and, the Employee hereby irrevocably covenants and agrees to immediately bring to the attention of XStream any facts required to make the foregoing representation and warranty continuingly accurate throughout the term of this Agreement, or any supplements or extensions thereof.

General Description of Duties. (A) The Employee shall serve as the Vice- Chairman president of XStream's board of directorsHampton & Hampton, and shall also serve as Xstream's Secretary and Treasurer.P.A. (B) The Employee shall oversee all strategic, regulatory and administrative operational issues related to the ongoing business needs of XStream and its subsidiariesthe Employer. The Employee shall at all times be accountable to XStream's the Board of DirectorsDirectors of both the Employer and Tels. The Employee is expected to work a minimum of 40 hours per week and devote his full time and attention to the operations of XStreamEMPLOYER. However, nothing shall prohibit the Employee from engaging in charitable and civic activities and managing his personal passive investments, provided that such passive investments are not in a company which competes in a business similar to that of XStreamEMPLOYER's business. (C) The Employee hereby represents and warrants to XStream EMPLOYER that he is subject to no legal, self regulatory organization (e.g., National Association of Securities Dealers, Inc.'s bylaws) or regulatory impediments to the provision of the services called for by this Agreement, or to receipt of the compensation called for under this Agreement or any supplements thereto; and, the Employee hereby irrevocably covenants and agrees to immediately bring to the attention of XStream EMPLOYER any facts required to make the foregoing representation and warranty continuingly accurate throughout the term of this Agreement, or any supplements or extensions thereof. Notwithstanding anything else contained herein to the contrary nothing contained in this Agreement shall require Employee to accept or be responsible for employment on a full time basis requiring relocation to any facility outside of the state of Minnesota.

General Description of Duties. (Aa) The Employee shall serve as the Vice- Chairman president of XStream's board of directorsStrategic Futures and Options, and shall also serve as Xstream's Secretary and Treasurer.Inc. (Bb) The Employee shall oversee all strategic, regulatory and administrative operational issues related to the ongoing business needs of XStream and its subsidiariesthe Employer. The Employee shall at all times be accountable to XStream's the Board of DirectorsDirectors of both the Employer and Tels. The Employee is expected to work a minimum of 40 hours per week and devote his full time and attention to the operations of XStreamEMPLOYER. However, nothing shall prohibit the Employee from engaging in charitable and civic activities and managing his personal passive investments, provided that such passive investments are not in a company which competes in a business similar to that of XStreamEMPLOYER's business. (Cc) The Employee hereby represents and warrants to XStream EMPLOYER that he is subject to no legal, self regulatory organization (e.g., National Association of Securities Dealers, Inc.'s bylaws) or regulatory impediments to the provision of the services called for by this Agreement, or to receipt of the compensation called for under this Agreement or any supplements thereto; and, the Employee hereby irrevocably covenants and agrees to immediately bring to the attention of XStream EMPLOYER any facts required to make the foregoing representation and warranty continuingly accurate throughout the term of this Agreement, or any supplements or extensions thereof. Notwithstanding anything else contained herein to the contrary nothing contained in this Agreement shall require Employee to accept or be responsible for employment on a full time basis requiring relocation to any facility outside of the state of Minnesota.