Common use of Position and Term of Employment Clause in Contracts

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 and shall end December 31, 2001, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Vice President and Chief Financial Officer of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs of the Company and for the development and implementation of the Company's short- and long-range financial plans. Executive shall not at any time while employed by the Company or any of its affiliates (as defined in the Severance Protection Agreement between the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (the "SPA")), without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with the Company and its affiliates.

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 2002, and shall end December 31, 20012004, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Vice President President, General Counsel and Chief Financial Administrative Officer of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for all legal matters and for the day-to-day financial administrative affairs of the Company and for the development and implementation of the Company's short- and long-range financial plans. Executive shall not at any time while employed by the Company or any of its affiliates (as defined in the Amended and Restated Severance Protection Agreement between the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 19992002, (the "SPA"), incorporated herein by this reference), without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with the Company and its affiliates.

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 1997 and shall end December 31, 20012000, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Vice President Chairman of the Board and Chief Financial Executive Officer of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer Board of Directors of the Company and shall be responsible for the day-to-day financial affairs control, supervision and management of the Company and for the development and implementation of the Company's short- and long-range financial plansits business affairs. Executive shall not at any time while employed by the Company or any of its affiliates or for a period of one (as defined in 1) year following the Severance Protection Agreement between later of (i) termination of employment for any reason or (ii) the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (date on which the "SPA"))last payment is required to be made under Section 2.1(a)(ii) hereof, without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with mutual fund. Executive shall not at any time while employed by the Company and or any of its affiliates or for a period of two (2) years following termination of employment for any reason, directly or indirectly, solicit for employment, employ or enter into any business or contractual relationship with any employee of the Company or any of its affiliates.

Position and Term of Employment. Executive's ’s employment hereunder shall commence as of January 1October 14, 1999 2003, and shall end December 31, 20012005, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Vice President and Chief Financial Operating Officer of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's ’s subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs operations of the Company and for the development and implementation of the Company's short- ’s short and long-range financial operating and capital plans. Executive shall not at any time while employed by the Company or any of its affiliates (as defined in the Amended and Restated Severance Protection Agreement between the Company and Executive dated as of March 1October 14, 1996, as amended by an Amendment dated as of January 1, 19992003, (the "“SPA"”), incorporated herein by this reference), without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with the Company and its affiliates.

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 2002, and shall end December 31, 20012004, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Vice President and Chief Financial Operating Officer of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs operations of the Company and for the development and implementation of the Company's short- short and long-range financial operating and capital plans. Executive shall not at any time while employed by the Company or any of its affiliates (as defined in the Amended and Restated Severance Protection Agreement between the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 19992002, (the "SPA"), incorporated herein by this reference), without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with the Company and its affiliates.

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 and shall end December 31, 2001, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Vice President President, General Counsel and Chief Financial Administrative Officer of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial administrative affairs of the Company and for the development and implementation of the Company's short- and long-range financial plans. Executive shall not at any time while employed by the Company or any of its affiliates (as defined in the Severance Protection Agreement between the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (the "SPA")), without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with 2 the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with the Company and its affiliates.

Position and Term of Employment. Executive's employment hereunder shall commence as of January 1, 1999 and shall end December 31, 2001, unless terminated sooner pursuant to Section 7 of this Agreement or extended by the mutual agreement of the parties. During the term hereof, Executive shall be employed as Executive Vice President and Chief Financial Operating Officer of the Company and shall devote his full business time, skill, attention and best efforts in carrying out his duties and promoting the best interests of the Company. Executive shall also serve as a director and/or officer of one or more of the Company's subsidiaries as may be requested from time to time by the Board of Directors. Subject always to the instructions and control of the Board of Directors of the Company, Executive shall report to the Chief Executive Officer of the Company and shall be responsible for the day-to-day financial affairs operations of the Company and for the development and implementation of the Company's short- and long-range financial operating and capital plans. Executive shall not at any time while employed by the Company or any of its affiliates (as defined in the Severance Protection Agreement between the Company and Executive dated as of March 1, 1996, as amended by an Amendment dated as of January 1, 1999, (the "SPA")), without the prior consent of the Board of Directors, knowingly acquire any 2 financial interests, directly or indirectly, in or perform any services for or on behalf of any business, person or enterprise which undertakes any business in substantial competition with the business of the Company and its affiliates or sells to or buys from or otherwise transacts business with the Company and its affiliates; provided that Executive may acquire and own not more than five percent (5%) of the outstanding capital stock of any public corporation which sells or buys from or otherwise transacts business with the Company and its affiliates.