Common use of Capacity and Performance Clause in Contracts

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Executive Vice President and Chief Financial Officer. In addition, and without further compensation, the Executive shall serve as a director of the Company and as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve as the Company as its Senior Vice President Chairman and Chief Financial OfficerExecutive Officer of the Company. In addition, and without further compensation, the Executive shall serve as a director and/or officer of the Company and/or one or more of the Company’s Subsidiaries 's Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial OfficerPresident, Xxxxx Xxxxxxxx Worldwide – Xxxxx Xxxxxxxx LLC. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial Operating Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of the Company, if so elected by the stockholders of the Company, and shall serve as a director of one or more of the Company’s Subsidiaries Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director of the Company and as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve as the Company as its Senior Vice President and Chief Financial Officerof the Company. In addition, and without further compensation, the Executive shall serve as a director and/or officer of the Company and/or one or more of the Company’s Subsidiaries 's Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) a. During the term of Executive’s employment hereunderTerm, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer, reporting to the Company’s Board of Directors (the “Board”). In addition, and without further compensation, Executive may also serve as a member of the Board. In addition, Executive shall may also serve as a director and/or officer of one or more of the Company’s Subsidiaries Affiliates, if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of the Company and/or one or more of the Company’s Subsidiaries Affiliates (including without limitation Albireo Ltd.) if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Executive Vice President and Chief Financial Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director of the Company and as a director and/or officer of one or more of the Company’s Subsidiaries Subsidiaries, if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Executive Vice President and Chief Financial Officer. In addition, and without further compensation, the Executive shall may serve as a director of the Company and as a director and/or officer of one or more of the Company’s Subsidiaries subsidiaries, if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial OfficerPresident—Xerium Asia. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve as the Chief Executive Officer of the Company as its Senior Vice President and Chief Financial OfficerHoldings, reporting to the Boards of Directors of Holdings and the Company (the “Board”) and the Chairman thereof. At all times during the term hereof, the Executive shall be a member of the Executive Committee of the Board. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries Affiliates, if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Executive Vice President and Chief Financial OfficerGeneral Counsel. In addition, and without further compensation, the Executive shall may serve as a director of the Company and as a director and/or officer of one or more of the Company’s Subsidiaries subsidiaries, if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial OfficerPresident, Corporate Development. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve as the Company as its Senior Vice President and Chief Financial OfficerManaging Director of the Company. In addition, and without further compensation, the Executive shall serve as a director and/or officer of the Company and/or one or more of the Company’s Subsidiaries 's Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderTerm, the Executive shall serve the Company as its Senior Vice President and Chief Financial OfficerExecutive Officer with such customary responsibilities, duties and authority as may from time to time be assigned to the Executive by the Board of Directors of the Company (the “Board”). In addition, and without further compensation, the Executive shall serve as a member of the Board, and as a director and/or officer of one or more of the Company’s Subsidiaries Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Executive Vice President and Chief Financial Development Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderTerm, the Executive shall serve the be employed by Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve perform such duties and responsibilities as a director and/or officer directed by the Board of one or more Directors of the Company (the “Board”), consistent with Executive’s position on behalf of Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderTerm, the Executive shall serve the Company as its Senior Vice President Chief Executive Officer, and Chief Financial Officershall report to the Board of Directors of the Company (the “Board”). In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of the Company, if so elected by the stockholders of the Company, and shall serve as a director of one or more of the Company’s Subsidiaries 's Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and President, Human Resources, reporting to the Company’s Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, during the term hereof, if so elected or appointed from time to time, the Executive shall serve as a member of the Board of Directors of the Company (the “Board”) and, if so elected or appointed from time to time, also shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to timeAffiliates.

Capacity and Performance. (a) 3.1 During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderTerm, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a member of the Board of Directors of the Company and/or director and/or officer of one or more of the Company’s Subsidiaries Affiliates, in each case if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, during the term hereof, if so elected or appointed from time to time, the Executive shall serve as a member of the Board of Directors of the Company (the “Board”) and, if so elected or appointed from time to time, also shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to timeAffiliates.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve as the Company as its Senior Vice President and Chief Financial Officer____________ of the Company. In addition, and without further compensation, the Executive shall serve as a director and/or officer of the Company and/or one or more of the Company’s Subsidiaries 's Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial Regulatory Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of the Company and/or one or more of the Company’s Subsidiaries Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, during the term of this Agreement, the Executive shall be appointed and shall serve as a director and/or officer of one or more member of the Company’s Subsidiaries if so elected or appointed from time to timeBoard of Directors (the “Board”).

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of the domestic holding companies of the Company, and may serve as a director and/or officer of one or more of the Company’s Subsidiaries 's other Affiliates, if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve as the Company as its Senior Vice President and Chief Financial OfficerExecutive Officer of the Company. In addition, and without further compensation, the Executive shall serve as a director and/or officer of the Company and/or one or more of the Company’s Subsidiaries 's subsidiaries if so elected or appointed from time to time. The Company and the Executive acknowledge that the Executive currently is a director of the Company.

Capacity and Performance. (a) a. During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice the President and Chief Financial OfficerExecutive Officer of the Company. In addition, addition and without further compensation, the Executive shall serve as a director and/or officer of one or more Director of the Company’s Subsidiaries Company if so elected or appointed from time to time.

Capacity and Performance. (a) 3.1 During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President General Counsel and Chief Financial OfficerCorporate Secretary. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President Chief Operating Officer and shall report to the Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of Holdings and/or one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) a. During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more Director of the Company’s Subsidiaries Company if so elected or appointed from time to time. Upon the expiration of his current term as a Director, and while the Executive continues to be employed hereunder, the Directors shall propose to the shareholders of the Company at the appropriate annual meeting the election or reelection of the Executive as a member of the Board. Executive acknowledges that he shall receive no additional compensation for his services as, or in his capacity of, a Director of the Company.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and President, Business Development, reporting directly to the Company’s Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During 3.1 The Executive shall be employed during the term Term as Chairman and Chief Executive Office of the Company, and shall perform such duties and responsibilities on behalf of the Company as may reasonably be assigned to him by the Board consistent with Executive’s employment hereunder's position. As Chairman and Chief Executive Officer, the Executive shall serve exercise general supervision over the property, business and overall affairs of the Company as and its Senior Vice President subsidiaries and Chief Financial Officeraffiliates. In addition, and without further compensation, the The Executive shall serve as a director and/or officer of one or more of report and be responsible to the Company’s Subsidiaries if so elected or appointed from time to timeBoard.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial Officer and shall report to the Chief Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of Holdings and/or one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the The Executive shall serve the Company as its Senior Vice President and Chief Financial OfficerOfficer and Treasurer, reporting directly to the Chief Executive Officer of the Company (the “CEO”). In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries Affiliates (as hereinafter defined) if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President President, Accounting and Chief Financial OfficerAdministration. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice Chairman, President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries 's Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial OfficerPresident—Xerium North America. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries subsidiaries (including the Principal Subsidiary) if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve as the Company as its Senior Vice President and Chief Financial OfficerExecutive Officer of the Company. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so Company to the extent elected or appointed from time to time.

Capacity and Performance. (a) During the term of the Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director of the Company and as a director and/or officer of one or more of the Company’s Subsidiaries Subsidiaries, if so elected or appointed from time to time.

Capacity and Performance. (a) During a)During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial Officer. In addition, and without further compensationEmployment Term, the Executive shall serve as a director and/or officer of one or more the Chief Marketing Officer of the Company’s Subsidiaries if so elected or appointed from time Company and shall report directly to timethe Chief Executive Officer (“CEO”).

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President President, General Counsel and Secretary and shall report to the Chief Financial Executive Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of Holdings and/or one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Executive Vice President and President, Chief Financial Operating Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderTerm, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer, and shall report to the Board of Directors of the Company (the “Board”). In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its General Counsel and as Senior Vice President and Chief Financial OfficerSecretary to the Board. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries 's Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial OfficerExecutive Officer and shall report to the board of directors of Holdings (the “Board”). In addition, and without further compensation, the Executive shall serve as a director and/or officer of Holdings and/or one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderTerm, the Executive shall serve be employed by the Company as its Senior Vice President and Chief Financial Officeror in such comparable position as may be designated by the Company from time to time. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer. In addition, the Company shall promptly nominate and recommend the Executive for membership on the Board of Directors of the Company (the “Board”), and if so elected or appointed, without further compensation, during the term hereof, the Executive shall serve as a member of the Board and, if so elected or appointed from time to time, also shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to timeAffiliates.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial Officerthe Chairman of the Board. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderTerm, the Executive shall serve be employed by the Company as its Senior Vice President and Chief Financial OfficerFounder or in such comparable position as may be designated by the Company from time to time. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial OfficerGeneral Counsel. In addition, and without further compensation, the Executive shall serve as a director and/or officer of the Company and/or one or more of the Company’s Subsidiaries Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderTerm, the Executive shall serve the be employed by Company as its Senior Vice President and Chief Financial Officer. In addition, and without further compensation, the Executive shall serve perform such duties and responsibilities as a director and/or officer directed by the Chief Executive Officer consistent with Executive’s position on behalf of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as its Senior Vice President and Chief Financial OfficerExecutive Officer (“CEO”). In addition, and without further compensation, the Executive shall agrees to serve as a director of the Company and as a director and/or officer of one or more of the Company’s Subsidiaries Immediate Affiliates (as defined in Section 13 hereof), in each case if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderTerm hereof, the Executive shall serve the Company as its Senior Vice President Chief Executive Officer and Chief Financial Officershall report to the Board of Directors. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries 's Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderTerm, the Executive shall serve the be employed by Company as its Senior Vice President Chief Operating Officer and Chief Financial Officer. In addition, and without further compensation, the Executive shall serve perform such duties and responsibilities as a director and/or officer directed by the Board of one or more Directors of the Company (the “Board”) and the Company’s Subsidiaries if so elected or appointed from time to timeChief Executive Officer, consistent with Executive’s position on behalf of Company.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial Officer. In addition, and without further compensation, the Executive shall may serve as a director of the Company and as a director and/or officer of one or more of the Company’s Subsidiaries subsidiaries, if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Executive Vice President and Chief Financial Operating Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

Capacity and Performance. (a) a. During the term of Executive’s employment hereunderTerm, the Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer, reporting to the Company's Board of Directors (the "Board"). In addition, and without further compensation, Executive may also serve as a member of the Board. In addition, Executive shall may also serve as a director and/or officer of one or more of the Company’s Subsidiaries 's Affiliates, if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the a. The Executive shall serve the Company as its Senior Vice President and Chief Financial Executive Officer, subject to his appointment by the Board of Directors of the Company (the "Board") as a condition precedent to the effectiveness of this Agreement, or in such other executive position as the Board may designate from time to time. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries 's Affiliates if so elected or appointed from time to time.

Capacity and Performance. (a) During the term of Executive’s employment hereunderTerm, the Executive shall serve the Company as its Senior Vice Chief Operating Officer, and shall report to the President and Chief Financial OfficerExecutive Officer (the “CEO”). In addition, and without further compensation, the Executive shall may be asked from time to time to serve as a director and/or or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to timeAffiliates, without further compensation.