Document ID: 11498

Text:
2.Duties. The Executive shall work for the Employer in a full-time capacity. The Executive shall, during the term of this Agreement, have the duties, responsibilities, powers, and authority customarily associated with the positions of President and Chief Executive Officer . The Executive shall report to, and follow the direction of, the Board of Directors of the Employer (the Board). The Executive shall receive an interim appointment to the Board effective as of the Start Date and shall be nominated for reelection to the Board at the expiration of each term of office provided he is then the Chief Executive Officer of the Employer. The Executive agrees to serve as a member of the Board for each period for which he is so appointed or elected. In addition to, or in lieu of, the foregoing, the Executive also shall perform such other and related services and duties that are commensurate with his positions as may be assigned to him from time to time by the Board. The Executive shall diligently, competently, and faithfully perform all duties, and shall devote his entire business time, energy, attention, and skill to the performance of duties for the Employer or its affiliates and will use his best efforts to promote the interests of the Employer. Notwithstanding the foregoing, the Executive shall be permitted to (i) engage in charitable and community affairs, and (ii) make direct investments of any character in any non-competing business or businesses and to manage such investments (but not be involved in the day-to-day operations of any such business); provided, in each case, and in the aggregate, that such activities do not interfere with the performance of the Executives duties hereunder.

Named Entities:
43
43
Role
45
47
Role
111
113
Role
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315
Role

Tokenized Text:
2
.
Duties
.
The
Executive
shall
work
for
the
Employer
in
a
full-time
capacity
.
The
Executive
shall
,
during
the
term
of
this
Agreement
,
have
the
duties
,
responsibilities
,
powers
,
and
authority
customarily
associated
with
the
positions
of
President
and
Chief
Executive
Officer
.
The
Executive
shall
report
to
,
and
follow
the
direction
of
,
the
Board
of
Directors
of
the
Employer
(
the
Board
)
.
The
Executive
shall
receive
an
interim
appointment
to
the
Board
effective
as
of
the
Start
Date
and
shall
be
nominated
for
reelection
to
the
Board
at
the
expiration
of
each
term
of
office
provided
he
is
then
the
Chief
Executive
Officer
of
the
Employer
.
The
Executive
agrees
to
serve
as
a
member
of
the
Board
for
each
period
for
which
he
is
so
appointed
or
elected
.
In
addition
to
,
or
in
lieu
of
,
the
foregoing
,
the
Executive
also
shall
perform
such
other
and
related
services
and
duties
that
are
commensurate
with
his
positions
as
may
be
assigned
to
him
from
time
to
time
by
the
Board
.
The
Executive
shall
diligently
,
competently
,
and
faithfully
perform
all
duties
,
and
shall
devote
his
entire
business
time
,
energy
,
attention
,
and
skill
to
the
performance
of
duties
for
the
Employer
or
its
affiliates
and
will
use
his
best
efforts
to
promote
the
interests
of
the
Employer
.
Notwithstanding
the
foregoing
,
the
Executive
shall
be
permitted
to
(
i
)
engage
in
charitable
and
community
affairs
,
and
(
ii
)
make
direct
investments
of
any
character
in
any
non-competing
business
or
businesses
and
to
manage
such
investments
(
but
not
be
involved
in
the
day-to-day
operations
of
any
such
business
)
;
provided
,
in
each
case
,
and
in
the
aggregate
,
that
such
activities
do
not
interfere
with
the
performance
of
the
Executives
duties
hereunder
.