Position Term and Duties. (a) The Executive shall serve as the Interim Chief Executive Officer of the Company. In such capacity, Executive shall have supervision and control over and responsibility for the day-to-day business and affairs of the Company and shall have such powers and duties as are customarily assigned to such role, and such other duties and responsibilities as may from time to time be prescribed by the Board of Directors (the “Board”). The Executive shall also continue to serve as a member of the Board during his employment under this Agreement, and the Company shall nominate the Executive for reelection in the event the Executive’s term as a member of the Board ends during his employment hereunder. It is anticipated that the Executive’s employment shall end following the conclusion of a reasonable transition period following the commencement of employment of a new Chief Executive Officer (the “Transition Period”). For the avoidance of doubt, the Executive will cease to hold the title of Interim Chief Executive Officer at such time when a new Chief Executive Officer commences employment.
Position Term and Duties. 1.1 The Corporation hereby employs X.X.
Position Term and Duties. 1.1 The Corporation hereby employs X. X. Xxxxxx, and X. X. Xxxxxx hereby accepts employment, as the Co-Chairman of the Board and Co-Chief Executive Officer of the Corporation for a term that shall commence as of the date hereof and shall continue such that this Employment Agreement shall at all times have a rolling term of three (3) years (the "Term").
Position Term and Duties
