Common use of Position and Duties of the Executive Clause in Contracts

Position and Duties of the Executive. (a) The Executive will report to the Supervisor, and have duties, responsibilities and authorities commensurate with the Executive’s title and position as of immediately following the Closing, and such duties, responsibilities and authority as may be assigned to the Executive from time to time by the Supervisor. (b) During the Employment Term, the Executive will devote the Executive’s reasonable best efforts, attention and energies during normal working time to the business(es) of the Company Group and the performance of any of the Executive’s duties as set forth herein. (c) So long as such activities do not involve a breach of this Agreement and do not interfere with the performance of the Executive’s duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs during the Employment Term and, subject to the prior approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditioned, serve as a member of the governing board of any such organization. The Executive may retain all fees and other compensation from any such service, and the Company will not reduce the Executive’s compensation by the amount of such fees. Notwithstanding anything herein to the contrary, the Executive may not accept any position during the Employment Term with a for-profit enterprise without the prior written approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditioned.

Position and Duties of the Executive. (a) The Executive will report directly to the Chief Executive Officer of the Company (the “Supervisor”), and have duties, responsibilities and authorities commensurate with the Executive’s title and position as of immediately following the Closingposition, and such duties, responsibilities and authority as may be assigned to the Executive from time to time by the SupervisorSupervisor or the Board that are commensurate with the Executive’s title and position. (b) During the Employment Term, the Executive will devote the Executive’s reasonable best efforts, efforts and full business attention and energies during normal working time to the business(es) of the Company Group and the performance of any of the Executive’s duties as set forth herein. (c) So long as such activities do not involve a breach of this Agreement and do not interfere with the performance of the Executive’s duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs during the Employment Term and, subject to the prior approval of the Supervisor Board in the SupervisorBoard’s discretion which shall not be unreasonably withheld, delayed or conditioneddiscretion, serve as a member of the governing board of any such organization. The Executive may retain all fees and other compensation from any such service, and the Company will not reduce the Executive’s compensation by the amount of such fees. Notwithstanding anything herein to the contrary, the Executive may not accept any position during the Employment Term with a for-profit enterprise without the prior written approval of the Supervisor Board in the SupervisorBoard’s discretion which shall not be unreasonably withheld, delayed or conditioneddiscretion.

Position and Duties of the Executive. (a) The Executive will report directly to the Chief Executive Officer of the Company (the “Supervisor”), and have duties, responsibilities and authorities commensurate with the Executive’s title and position as of immediately following the Closingposition, and such duties, responsibilities and authority as may be assigned to the Executive from time to time by the SupervisorSupervisor or the Board that are commensurate with the Executive’s title and position. (bi) During the Employment Term, the Executive will devote the Executive’s reasonable best efforts, efforts and full business attention and energies during normal working time to the business(es) of the Company Group and the performance of any of the Executive’s duties as set forth herein. (cii) So long as such activities do not involve a breach of this Agreement and do not interfere with the performance of the Executive’s duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs during the Employment Term and, subject to the prior approval of the Supervisor Board in the SupervisorBoard’s discretion which shall not be unreasonably withheld, delayed or conditioneddiscretion, serve as a member of the governing board of any such organization. The Executive may retain all fees and other compensation from any such service, and the Company will not reduce the Executive’s compensation by the amount of such fees. Notwithstanding anything herein to the contrary, the Executive may not accept any position during the Employment Term with a for-profit enterprise without the prior written approval of the Supervisor Board in the SupervisorBoard’s discretion which shall not be unreasonably withheld, delayed or conditioneddiscretion.

Position and Duties of the Executive. (a) The Executive will report directly and exclusively to the Company’s Chief Executive Officer (the “Supervisor”), and have duties, responsibilities and authorities commensurate with the Executive’s title and position as of immediately following the ClosingGeneral Counsel and Secretary, and such duties, responsibilities and authority as may be reasonably assigned to the Executive from time to time by the Supervisor. For the avoidance of doubt, the Executive shall notify the Supervisor in advance of any vacation or other time off, and the Executive and the Supervisor shall mutually determine the schedule of such time off. (b) During the Employment Term, the Executive will devote the Executive’s reasonable best efforts, full attention and energies during normal working time to the business(es) of the Company Group and the performance of any of the Executive’s duties as set forth herein. (c) So long as such activities do not involve a breach of this Agreement and do not interfere with the performance of the Executive’s duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs during the Employment Term and, subject to the prior approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditionedsole and absolute discretion, serve as a member of the governing board of any such organization. The Executive may retain all fees and other compensation from any such service, and the Company will not reduce the Executive’s compensation by the amount of such fees. During the Employment Term, the Executive may continue his involvement with the entities listed on Exhibit B, so long as such activities do not involve a breach of this Agreement and do not materially interfere with the performance of the Executive’s duties hereunder. Notwithstanding anything herein to the contrary, the Executive may not accept any position during the Employment Term with a for-profit enterprise without the prior written approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditionedsole and absolute discretion.

Position and Duties of the Executive. (a) The Executive will report to the Supervisor, and have duties, responsibilities and authorities commensurate with the Executive’s title and position as of immediately following the Closingposition, and such duties, responsibilities and authority as may be assigned to the Executive from time to time by the Supervisor. (b) During the Employment Term, the Executive will devote the Executive’s reasonable best efforts, attention and energies during normal working time to the business(es) of the Company Group and the performance of any of the Executive’s duties as set forth herein. (c) So long as such activities do not involve a breach of this Agreement and do not interfere with the performance of the Executive’s duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs during the Employment Term and, subject to the prior approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditioned, serve as a member of the governing board of any such organization. The Executive may retain all fees and other compensation from any such service, and the Company will not reduce the Executive’s compensation by the amount of such fees. Notwithstanding anything herein to the contrary, the Executive may not accept any position during the Employment Term with a for-profit enterprise without the prior written approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditioned.

Position and Duties of the Executive. (a) The Executive will report directly and exclusively to the Company’s board of directors (the “Board” or the “Supervisor”), and have duties, responsibilities and authorities commensurate with the Executive’s title and position as Chief Executive Officer of immediately following the ClosingCompany, and such duties, responsibilities and authority as may be reasonably assigned to the Executive from time to time by the Supervisor. (b) During the Employment Term, the Executive will devote the Executive’s reasonable best efforts, full attention and energies during normal working time to the business(es) of the Company Group and the performance of any of the Executive’s duties as set forth herein. The Company acknowledges that the Executive has previously informed the Company about certain pre-planned engagements outside the United States which engagements will be completed prior to December 7, 2014. (c) So long as such activities do not involve a breach of this Agreement and do not interfere with the performance of the Executive’s duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs during the Employment Term and, subject to the prior approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditionedsole and absolute discretion, serve as a member of the governing board of any such organization. The Executive may retain all fees and other compensation from any such service, and the Company will not reduce the Executive’s compensation by the amount of such fees. During the Employment Term, the Executive may continue his involvement with the entities listed on Exhibit B, so long as such activities do not involve a breach of this Agreement and do not materially interfere with the performance of the Executive’s duties hereunder. Notwithstanding anything herein to the contrary, the Executive may not accept any position during the Employment Term with a for-profit enterprise without the prior written approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditionedsole and absolute discretion.

Position and Duties of the Executive. (a) The Executive will report directly and exclusively to the Supervisor, and have duties, responsibilities and authorities commensurate with the Executive’s title and position as Chief Commercial Officer of immediately following the ClosingCompany, and such duties, responsibilities and authority as may be reasonably assigned to the Executive from time to time by the Supervisor. (b) During the Employment Term, the Executive will devote the Executive’s reasonable best efforts, full attention and energies during normal working time to the business(es) of the Company Group and the performance of any of the Executive’s duties as set forth herein. (c) So long as such activities do not involve a breach of this Agreement and do not interfere with the performance of the Executive’s duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs during the Employment Term and, subject to the prior approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditionedsole and absolute discretion, serve as a member of the governing board of any such organization. The Executive may retain all fees and other compensation from any such service, and the Company will not reduce the Executive’s compensation by the amount of such fees. During the Employment Term, the Executive may continue his involvement with the entities listed on Exhibit B, so long as such activities do not involve a breach of this Agreement and do not materially interfere with the performance of the Executive’s duties hereunder. Notwithstanding anything herein to the contrary, the Executive may not accept any position during the Employment Term with a for-profit enterprise without the prior written approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditionedsole and absolute discretion.

Position and Duties of the Executive. (a) The Executive will report directly and exclusively to the Company’s Chief Executive Officer (the “Supervisor”), and have duties, responsibilities and authorities commensurate with the Executive’s title and position as Chief Financial Officer of immediately following the ClosingCompany, including but limited to oversight and management of Company’s finance, tax and accounting, treasury, cash management and investor relations and such duties, responsibilities and authority as may be reasonably assigned to the Executive from time to time by the Supervisor. Notwithstanding the foregoing, the Executive shall have duties which may include direct reporting to the Company Board of Directors and Company Audit Committee, from time to time and consistent with public company requirements. (b) During the Employment Term, the Executive will devote the Executive’s reasonable best efforts, full attention and energies during normal working time to the business(es) of the Company Group and the performance of any of the Executive’s duties as set forth herein. (c) So long as such activities do not involve a breach of this Agreement and do not interfere with the performance of the Executive’s duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs during the Employment Term and, subject to the prior approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditionedsole and absolute discretion, serve as a member of the governing board of any such organization. The Executive may retain all fees and other compensation from any such service, and the Company will not reduce the Executive’s compensation by the amount of such fees. During the Employment Term, the Executive may continue his involvement with the entities listed on Exhibit B, so long as such activities do not involve a breach of this Agreement and do not materially interfere with the performance of the Executive’s duties hereunder. Notwithstanding anything herein to the contrary, the Executive may not accept any position during the Employment Term with a for-profit enterprise without the prior written approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditionedsole and absolute discretion.

Position and Duties of the Executive. (a) The Executive will report directly and exclusively to the Company’s Chief Executive Officer (the “Supervisor”), and have duties, responsibilities and authorities commensurate with the Executive’s title and position as Chief Operating Officer of immediately following the ClosingCompany, and such duties, responsibilities and authority as may be reasonably assigned to the Executive from time to time by the Supervisor. (b) During the Employment Term, the Executive will devote the Executive’s reasonable best efforts, full attention and energies during normal working time to the business(es) of the Company Group and the performance of any of the Executive’s duties as set forth herein. (c) So long as such activities do not involve a breach of this Agreement and do not interfere with the performance of the Executive’s duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs during the Employment Term and, subject to the prior approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditionedsole and absolute discretion, serve as a member of the governing board of any such organization. The Executive may retain all fees and other compensation from any such service, and the Company will not reduce the Executive’s compensation by the amount of such fees. During the Employment Term, the Executive may continue his involvement with the entities listed on Exhibit B, so long as such activities do not involve a breach of this Agreement and do not materially interfere with the performance of the Executive’s duties hereunder. Notwithstanding anything herein to the contrary, the Executive may not accept any position during the Employment Term with a for-profit enterprise without the prior written approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditionedsole and absolute discretion.

Position and Duties of the Executive. (a) The Executive will report directly to the Board (the “Supervisor”), and have duties, responsibilities and authorities commensurate with the Executive’s title and position as of immediately following the Closingposition, and such duties, responsibilities and authority as may be assigned to the Executive from time to time by the SupervisorSupervisor that are commensurate with the Executive’s title and position. (b) During the Employment Term, the Executive will devote the Executive’s reasonable best efforts, efforts and full business attention and energies during normal working time to the business(es) of the Company Group and the performance of any of the Executive’s duties as set forth herein. (c) So long as such activities do not involve a breach of this Agreement and do not interfere with the performance of the Executive’s duties hereunder, the Executive may participate in any governmental, educational, charitable or other community affairs during the Employment Term and, subject to the prior approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditioneddiscretion, serve as a member of the governing board of any such organization. The Executive may retain all fees and other compensation from any such service, and the Company will not reduce the Executive’s compensation by the amount of such fees. Notwithstanding anything herein to the contrary, the Executive may not accept any position during the Employment Term with a for-profit enterprise without the prior written approval of the Supervisor in the Supervisor’s discretion which shall not be unreasonably withheld, delayed or conditioneddiscretion.