Common use of Changes in Status Clause in Contracts

Changes in Status. The Company agrees that it will not, without Executive's consent, (i) assign to Executive duties materially inconsistent with or which materially diminish his current positions, authority, duties, responsibilities and status with the Company, or (ii) materially change his title as currently in effect, or (iii) require Executive to perform duties which would necessitate changing his present residence, or (iv) remove him from, or fail to re-elect him to, any of such positions, except in connection with the termination of his employment as provided for in this Agreement. Except as so limited, the powers and duties of Executive are to be more specifically determined and set by the Company from time to time.