Common use of Service with the Company Clause in Contracts

Service with the Company. During the Term of this Agreement, Executive agrees to perform the duties of the President and Chief Executive Officer of the Company as set forth in the Organizational Documents and such other duties as the Board may from time to time prescribe that are consistent with the duties of a Chief Executive Officer of a company of the size and nature of the Company. In addition, during the Term, Executive shall, if elected by the stockholders, serve without any additional compensation on the Company's Board. The Company agrees to nominate Executive for annual election as a member of its Board, so long as he continues to hold the position of Chief Executive Officer.

Service with the Company. During the Term of this Agreement, Executive agrees to perform the duties of the President and Chief Executive Officer of the Company as may be set forth in the Organizational Documents and such other duties as the Board may from time to time prescribe that are consistent with the duties of a President and Chief Executive Officer of a company of the size and nature of the Company. In addition, during the Term, Executive shall, if elected by the stockholdersstockholders or appointed to a vacancy by the Board, serve without any additional compensation on the Company's ’s Board. The Company agrees to nominate Executive for annual election as a member of its Board, so long as he continues to hold the position of Chief Executive Officer.