Common use of RESPONSIBILITY AND DUTIES Clause in Contracts

RESPONSIBILITY AND DUTIES. 4.1. The Director shall report to the Board in accordance with the requirements of 4.2 and 4.3 and shall report on such matters and furnish such information to the Board as it and/or its nominee/s may, from time to time require. 4.2. The duties of the Director shall, consistently with the aforegoing, be those normally carried out by a Chief Financial Officer of a company similar to GFI and in particular shall be to take charge of, maintain and superintend the financial affairs of GFI and the Company wherever the Board may decide to carry on such business; to act as a Director or other officer of any other company in the Group or of any company not in the Group; to supervise the work of and engage or dismiss employees of the Company; and to see to the due performance of their duties 4.3. The Director shall at all times faithfully, promptly and punctually carry out and perform all his duties including such duties as may, conformably with his position, be delegated or assigned to him by the Board; and he shall use his best endeavours properly to conduct, improve, extend and develop the business of the Group. 4.4. The Director acknowledges the international nature of the business of the Group and shall make himself available at all times to attend to such business. The Director shall ensure that he has suitable facilities at his residence to attend to his duties out of ordinary office hours.

RESPONSIBILITY AND DUTIES. 4.1. The Director shall report to the Board in accordance with the requirements of 4.2 and 4.3 and shall report on such matters and furnish such information to the Board as it and/or its nominee/s may, from time to time require. 4.2. The duties of the Director shall, consistently with the aforegoing, be those normally carried out by a President and Chief Financial Executive Officer of a company similar to GFI and in particular shall be to take charge of, maintain and superintend the financial affairs of business carried on by GFI and the Company wherever the Board may decide to carry on such business; to act as a Director or other officer of any other company in the Group or of any company not in the Group; to supervise the work of and engage or dismiss employees of the Company; and to see to the due performance of their duties. In particular the Director shall be responsible for the performance of GFI and all its operations and new business development activities. 4.3. The Director shall at all times faithfully, promptly and punctually carry out and perform all his duties including such duties as may, conformably with his position, be delegated or assigned to him by the Board; and he shall use his best endeavours properly to conduct, improve, extend and develop the business of the Group. 4.4. The Director acknowledges the international nature of the business of the Group and shall make himself available at all times to attend to such business. The Director shall ensure that he has suitable facilities at his residence to attend to his duties out of ordinary office hours.

RESPONSIBILITY AND DUTIES. 4.1. The Director Executive shall report to the Board Chief Executive Officer in accordance with the requirements of 4.2 and 4.3 and shall report on such matters and furnish such information to the Board Chief Executive Officer as it and/or its nominee/s may, he may from time to time require. 4.2. The duties of the Director Executive shall, consistently with the aforegoing, be those normally carried out by a Chief Financial Officer an Executive Vice-President responsible for the International Operations of a company similar to GFI and in particular shall be to take charge of, maintain and superintend the financial affairs of international operations carried on by GFI and the Company wherever the Board may decide to carry on such business; to act as a Director or other officer of any other company in the Group or of any company not in the Group; to supervise the work of and engage or dismiss employees of the Company; and to see to the due performance of their duties. In particular the Executive shall be responsible for the performance of GFI’s international operations and new international projects. 4.3. The Director Executive shall at all times faithfully, promptly and punctually carry out and perform all his duties including such duties as may, conformably with his position, be delegated or assigned to him by the BoardChief Executive Officer; and he shall use his best endeavours properly to conduct, improve, extend and develop the business of the Group. 4.4. The Director Executive acknowledges the international nature of the business of the Group and shall make himself available at all times to attend to such business. The Director Executive shall ensure that he has suitable facilities at his residence to attend to his duties out of ordinary office hours.

RESPONSIBILITY AND DUTIES. 4.14.1 Employee shall be the President and CEO of the Company. The Director Employee shall report directly to the Board CEO of GFI in accordance with the requirements of sections 4.2 and 4.3 and shall report on such matters and furnish such information to the Board as it and/or its nominee/s may, from time to time require4.3. 4.2. 4.2 The duties of the Director Employee shall, consistently consistent with the aforegoingforegoing, be those normally carried out by a Chief Financial Officer president and CEO of a company similar to GFI the Company and in particular shall be to take charge of, maintain and superintend the financial operations and affairs of GFI and the Company wherever the Board may decide to carry on such business; Company, to act as a Director an Employee or other officer of any other company in the Group or of any company not in the Group; Group as requested by the Board, to supervise the work of and engage or dismiss employees of the Company; Company and to see to the due performance of their duties. Employee shall be responsible for spearheading the Company’s international exploration/development activities and establishing the infrastructure to accomplish this. 4.3. 4.3 The Director Employee shall at all times faithfully, promptly and punctually carry out and perform all his duties including such duties as may, conformably with his position, be delegated or assigned to him by the BoardCEO; and he shall use his best endeavours endeavors properly to conduct, improve, extend and develop the business of the Group. 4.4. The Director acknowledges the international nature of the business of the Group and shall make himself available at all times to attend to such business. The Director shall ensure that he has suitable facilities at his residence to attend to his duties out of ordinary office hours.