Common use of Officer Status Clause in Contracts

Officer Status. Notwithstanding anything in this Agreement to the contrary, the Consultant shall, effective as of the Effective Date, become a Vice President of the Company and shall retain such position and shall continue to be one of the holders of the Company's Maryland liquor license (the "State License") until notified by the Company. The Consultant acknowledges and agrees that he shall have no authority to act for or on behalf of the Company in such position except as expressly provided by the Board of Directors of the Company in writing. The Company agrees to indemnify the Consultant for any Damages suffered or incurred by the Consultant as a result of being one of the holders of the State License.

Officer Status. Notwithstanding anything in this Agreement to the contrary, the Consultant shall, effective as of the Effective Date, become a Vice President of the Company and shall retain such position and shall continue to be one of the holders of the Company's Maryland liquor license (the "State License") until notified by the Company. The Consultant acknowledges and agrees that he she shall have no authority to act for or on behalf of the Company in such position except as expressly provided by the Board of Directors of the Company in writing. The Company agrees to indemnify the Consultant for any Damages suffered or incurred by the Consultant as a result of being one of the holders of the State License.