Document ID: 10242

Text:
(b)Position and Duties. During the Term, the Executive shall serve as the Chief Executive Officer of the Company, and shall have supervision and control over and responsibility for the day-to-day business and affairs of the Company and shall have such other powers and duties as may from time to time be prescribed by the Board of Directors of the Company (the Board) or other authorized executive, provided that such duties are consistent with the Executives position or other positions that he may hold from time to time. The Executive shall devote substantially all his working time and efforts to the business and affairs of the Company. The Company will provide the Executive with indemnification protection for his role as the Chief Executive Officer to the same extent as other officers of the Company. Notwithstanding the foregoing, the Executive may serve on up to three (3)boards of directors of companies of his choice, provided the Executive will notify the Board upon joining or leaving any such board, and provided further that the Executive will not serve on more than one (1)board of directors of a publicly listed company; the Executive will have ninety (90)days after the Commencement Date to become in compliance with this sentence. The Executive may also serve on additional boards of directors, with the approval of the Board, or engage in religious, charitable or other community activities as long as such services and activities (a)are disclosed to the Board when they require a significant time commitment and (b)do not materially interfere with the Executives performance of his duties to the Company as provided in this Agreement.

Named Entities:
17
19
Role
131
133
Role

Tokenized Text:
(
b
)
Position
and
Duties
.
During
the
Term
,
the
Executive
shall
serve
as
the
Chief
Executive
Officer
of
the
Company
,
and
shall
have
supervision
and
control
over
and
responsibility
for
the
day-to-day
business
and
affairs
of
the
Company
and
shall
have
such
other
powers
and
duties
as
may
from
time
to
time
be
prescribed
by
the
Board
of
Directors
of
the
Company
(
the
Board
)
or
other
authorized
executive
,
provided
that
such
duties
are
consistent
with
the
Executives
position
or
other
positions
that
he
may
hold
from
time
to
time
.
The
Executive
shall
devote
substantially
all
his
working
time
and
efforts
to
the
business
and
affairs
of
the
Company
.
The
Company
will
provide
the
Executive
with
indemnification
protection
for
his
role
as
the
Chief
Executive
Officer
to
the
same
extent
as
other
officers
of
the
Company
.
Notwithstanding
the
foregoing
,
the
Executive
may
serve
on
up
to
three
(
3
)
boards
of
directors
of
companies
of
his
choice
,
provided
the
Executive
will
notify
the
Board
upon
joining
or
leaving
any
such
board
,
and
provided
further
that
the
Executive
will
not
serve
on
more
than
one
(
1
)
board
of
directors
of
a
publicly
listed
company
;
the
Executive
will
have
ninety
(
90
)
days
after
the
Commencement
Date
to
become
in
compliance
with
this
sentence
.
The
Executive
may
also
serve
on
additional
boards
of
directors
,
with
the
approval
of
the
Board
,
or
engage
in
religious
,
charitable
or
other
community
activities
as
long
as
such
services
and
activities
(
a
)
are
disclosed
to
the
Board
when
they
require
a
significant
time
commitment
and
(
b
)
do
not
materially
interfere
with
the
Executives
performance
of
his
duties
to
the
Company
as
provided
in
this
Agreement
.