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 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. (b) During the term of Executive’s employment hereunder, the Executive shall be employed by the Company on a full-time basis and shall perform such duties and responsibilities on behalf of the Company and its Subsidiaries as may be designated from time to time by the Chief Executive Officer. (c) During the term of Executive’s employment hereunder, the Executive shall devote his full business time to the advancement of the business and interests of the Company and its Subsidiaries and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer in writing.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Chief 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. (b) During the term of Executive’s employment hereunder, the Executive shall be employed by the Company on a full-time basis and shall perform such duties and responsibilities on behalf of the Company and its Subsidiaries as may be designated from time to time by the Chief Executive OfficerBoard of Directors of the Company (the “Board”). (c) During the term of Executive’s employment hereunder, the Executive shall devote his full business time to the advancement of the business and interests of the Company and its Subsidiaries and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer Board in writing.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as Executive Vice President and Chief Financial Officerits President, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Worldwide – ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LLC. 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. (b) During the term of Executive’s employment hereunder, the Executive shall be employed by the Company on a full-time basis and shall perform such duties and responsibilities on behalf of the Company and its Subsidiaries as may be designated from time to time by the Chief Executive Officer. (c) During the term of Executive’s employment hereunder, the Executive shall devote his full business time to the advancement of the business and interests of the Company and its Subsidiaries and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer in writing.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as Executive Vice President and Chief Financial Officerits President—Xerium Asia. 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. (b) During the term of Executive’s employment hereunder, the Executive shall be employed by the Company on a full-time basis and shall perform such duties and responsibilities on behalf of the Company and its Subsidiaries as may be designated from time to time by the Chief Executive Officer. (c) During the term of Executive’s employment hereunder, the Executive shall devote his full business time to the advancement of the business and interests of the Company and its Subsidiaries and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer in writing.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as Executive Vice President and Chief Financial Officerits President—Xerium North America. 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. (b) During the term of Executive’s employment hereunder, the Executive shall be employed by the Company on a full-time basis and shall perform such duties and responsibilities on behalf of the Company and its Subsidiaries as may be designated from time to time by the Chief Executive Officer. (c) During the term of Executive’s employment hereunder, the Executive shall devote his full business time to the advancement of the business and interests of the Company and its Subsidiaries and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer in writing.

Capacity and Performance. (a) During the term of Executive’s employment hereunderhereof, the Executive shall serve the Company as Chairman, reporting directly to the Chief Executive Vice President and Chief Financial OfficerOfficer of the Company. In addition, and without further compensation, during the term of this Agreement, the Executive shall be appointed and shall serve as a director of the Company and 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”). (b) During the term of Executive’s employment hereunderhereof, the Executive shall be employed by perform the Company on a full-time basis duties and shall perform responsibilities of his position and such other duties and responsibilities on behalf of the Company and its Subsidiaries Affiliates, reasonably related to that position, as may be designated from time to time by the Chief Executive OfficerBoard or other designee. (c) During the term of Executive’s employment hereunderhereof, the Executive shall devote the substantial majority of his full business time and his best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and its Subsidiaries Affiliates and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by without informing and obtaining approval from the Chief Executive Officer Board in writing.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its 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. (b) During the term of Executive’s employment hereunder, the Executive shall be employed by the Company on a full-time basis and shall perform such duties and responsibilities on behalf of the Company and its Subsidiaries as may be designated from time to time by the Chief Executive Officer. (c) During the term of Executive’s employment hereunder, the Executive shall devote his full business time to the advancement of the business and interests of the Company and its Subsidiaries and to the discharge of his duties and responsibilities hereunder, except that Executive may serve as a director of one for-profit external board. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer in writing.

Capacity and Performance. During his employment hereunder: (a) During the term of Executive’s employment hereunder, the The Executive shall serve the Company as Executive its Vice President and Chief Financial Officerof Operations, or in such other executive position as the Company may designate from time to time. 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 Affiliates if so elected or appointed from time to time. (b) During the term of Executive’s employment hereunder, the The Executive shall be employed by the Company on a full-time basis and shall perform the duties and responsibilities of his position and such other duties and responsibilities on behalf of the Company and its Subsidiaries Affiliates as reasonably may be designated from time to time by the Chief Executive OfficerCompany. (c) During the term of Executive’s employment hereunder, the The Executive shall devote his full business time and his best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and its Subsidiaries Affiliates and to the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer in writingOfficer.

Capacity and Performance. (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as 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. (b) During the term of Executive’s employment hereunderTerm, the Executive shall be employed by the Company on a full-time basis and shall perform the duties and responsibilities of her position and such other duties and responsibilities on behalf of the Company and its Subsidiaries Affiliates as reasonably may be designated from time to time by the Chief Executive OfficerBoard of Directors of the Company (the “Board”) or by its Chair or other designee. (cb) During the term of Executive’s employment hereunderTerm, the Executive shall devote his her full business time and her best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and its Subsidiaries Affiliates and to the discharge of his her duties and responsibilities hereunder. The Executive’s services hereunder shall be rendered at the geographic location of the Executive’s choosing (and the Executive shall not be required to relocate), except for travel when and as required in the performance of the Executive’s duties hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, except as may be expressly approved in advance by the Chief Executive Officer Board in writing.