Common use of Duties, etc Clause in Contracts

Duties, etc. (a) During the Employment Term, the Company will employ Executive as its Executive Vice President and Chief Financial Officer and the Company will cause PPHC to appoint Executive as PPHC's Executive Vice President and Chief Financial Officer. Executive will report directly to the President and Chief Executive Officer of the Company and the President and Chief Executive Officer of PPHC, as the case may be. In such capacity, Executive will perform such duties and exercise such powers commensurate with his position as the Executive Vice President and Chief Financial Officer of each Precision Company subject to the direction of the President and Chief Executive Officer of the Company and the President and Chief Executive Officer of PPHC, as the case may be, including but not limited to, (i) Overseeing and managing the financial operations of Precision and its Affiliates; (ii) Assisting the board of directors of the Company (the "Company Board") and the board of directors of PPHC (the "PPHC Board" and together with the Company Board, the "Precision Boards") in the development of corporate strategies to maximize shareholder value of Precision and its Affiliates; (iii) Assisting the Precision Boards in the identification and implementation of acquisitions related to Precision and its Affiliates; and (iv) Performing such other responsibilities (commensurate with the responsibilities customarily ascribed to an Executive Vice President and Chief Financial Officer of similarly situated Persons) as may be assigned by the Precision Boards from time to time. Without limiting the generality or effect of the foregoing, during the Employment Term, Executives' titles, responsibilities, reporting relationships and authority will be at least commensurate with those held by or assigned to Executive on the Effective Date. From and after the Notification Date through the effective date of the termination of Executive's employment, Executive will comply with the Precision Boards' reasonable requests in implementing a prompt and effective management transition.

Duties, etc. (a) During the Employment Term, the Company will employ Executive as its Executive Vice President and Chief Financial Officer and the Company will cause PPHC to appoint Executive as PPHC's Vice President. During the period commencing not later than March 31, 2001 through the remainder of the Employment Term, the Company will employ Executive Vice President in the additional role of Corporate Controller and Chief Financial Officerwill cause PPHC to appoint Executive as PPHC's Corporate Controller. Executive will report directly to the President President, Chief Executive Officer and Chief Executive Financial Officer of the Company and the President President, Chief Executive Officer and Chief Executive Financial Officer of PPHC, as the case may be. In such capacity, Executive will perform such duties and exercise such powers commensurate with his position as the Executive a Vice President and Chief Financial Officer Corporate Controller, as the case may be, of each Precision Company subject to the direction of the President President, Chief Executive Officer and Chief Executive Financial Officer of the Company and the President President, Chief Executive Officer and Chief Executive Financial Officer of PPHC, as the case may be, including but not limited to, (i) Overseeing and managing the financial accounting operations of Precision and its Affiliates; (ii) Assisting the President, Chief Executive Officer and Chief Financial Officer and, as directed, the board of directors of the Company (the "Company BoardCOMPANY BOARD") and the President, Chief Executive Officer and Chief Financial Officer and, as directed, the board of directors of PPHC (the "PPHC BoardBOARD" and together with the Company Board, the "Precision BoardsPRECISION BOARDS") in the development of corporate strategies to maximize shareholder value of Precision and its Affiliates; (iii) Assisting the President, Chief Executive Officer and Chief Financial Officer and, as directed, the Precision Boards in the identification and implementation of acquisitions related to Precision and its Affiliates; and (iv) Performing such other responsibilities (commensurate with the responsibilities customarily ascribed to an Executive a Vice President and Chief Financial Officer Corporate Controller, as the case may be, of similarly situated Persons) as may be assigned by the President, Chief Executive Officer and Chief Financial Officer and, as directed, the Precision Boards from time to time. Without limiting the generality or effect of the foregoing, during the Employment Term, Executives' titles, responsibilities, reporting relationships and authority will be at least commensurate with those held by or assigned to Executive on the Effective Date, and thereafter, on the date Executive becomes Corporate Controller. From and after the Notification Date through the effective date of the termination of Executive's employment, Executive will comply with the Precision Boards' reasonable requests in implementing a prompt and effective management transition.

Duties, etc. (a) During the Employment Term, the Company will employ Executive as its Executive Vice President and Chief Financial Executive Officer and the Company will cause PPHC to appoint Executive as PPHC's Executive Vice President and Chief Financial Executive Officer. Executive will report directly to the President and Chief Executive Officer board of directors of the Company (the "Company Board") and to the President board of directors of PPHC (the "PPHC Board" and Chief together with the Company Board, the "Precision Boards"), or to Executive Officer of PPHCCommittees , as may be designated from time to time by the Company Board or the PPHC Board, as the case may be. In such capacity, Executive will perform such duties and exercise such powers commensurate with his position as the Executive Vice President and Chief Financial Executive Officer of each Precision Company subject to the direction of (and any restrictions imposed by) the President and Chief Precision Boards or Executive Officer of Committees as may be designated by the Company and Board or the President and Chief Executive Officer of PPHCPPHC Board, as the case may be, including but not limited to, (i) Overseeing and managing all facets of the financial operations of Precision and its Affiliates; (ii) Assisting the board of directors of the Company (the "Company Board") and the board of directors of PPHC (the "PPHC Board" and together with the Company Board, the "Precision Boards") Boards in the development of corporate strategies to maximize shareholder value of Precision and its Affiliates; (iii) Assisting the Precision Boards in the identification and implementation of acquisitions related to Precision and its Affiliates; and (iv) Performing such other responsibilities (commensurate with the responsibilities customarily ascribed to an a Chief Executive Vice Officer and President and Chief Financial Officer of similarly situated Persons) as may be assigned by the Precision Boards (or an Executive Committee) from time to time. Without limiting the generality or effect of the foregoing, during the Employment Term, Executives' titles, responsibilities, reporting relationships and authority will be at least commensurate with those held by or assigned to Executive on the Effective Date. From and after the Notification Date through the effective date of the termination of Executive's employment, Executive will comply with assist the Precision Boards' reasonable requests Company in implementing completing a prompt and effective management transition.

Duties, etc. (a) During the Employment Term, the Company will employ Executive as its Executive Vice President President, General Counsel and Chief Financial Officer Secretary and the Company will cause PPHC to appoint Executive as PPHC's Executive Vice President President, General Counsel and Chief Financial OfficerSecretary. Executive will report directly to the President and Chief Executive Officer of the Company and the President and Chief Executive Officer of PPHC, as the case may be. In such capacity, Executive will perform such duties and exercise such powers commensurate with his position as the Executive a Vice President President, General Counsel and Chief Financial Officer Secretary of each Precision Company subject to the direction of the President and Chief Executive Officer of the Company and the President and Chief Executive Officer of PPHC, as the case may be, including but not limited to, (i) Overseeing and managing the financial operations legal affairs of Precision and its Affiliates; (ii) Assisting the board of directors of the Company (the "Company BoardCOMPANY BOARD") and the board of directors of PPHC (the "PPHC BoardBOARD" and together with the Company Board, the "Precision BoardsPRECISION BOARDS") in the development of corporate strategies to maximize shareholder value of Precision and its Affiliates; (iii) Assisting the Precision Boards in the identification and implementation of acquisitions related to Precision and its Affiliates; and (iv) Performing such other responsibilities (commensurate with the responsibilities customarily ascribed to an Executive a Vice President President, General Counsel and Chief Financial Officer Secretary of similarly situated Persons) as may be assigned by the Precision Boards from time to time. Without limiting the generality or effect of the foregoing, during the Employment Term, Executives' titles, responsibilities, reporting relationships and authority will be at least commensurate with those held by or assigned to Executive on the Effective Date. From and after the Notification Date through the effective date of the termination of Executive's employment, Executive will comply with the Precision Boards' reasonable requests in implementing a prompt and effective management transition.

Duties, etc. (a) During the Employment Term, the Company will employ Executive as its Executive Vice President of Corporate Development and Chief Financial Officer Operations and the Company will cause PPHC to appoint Executive as PPHC's Executive Vice President of Corporate Development and Chief Financial OfficerOperations. Executive will report directly to the President and Chief Executive Officer of the Company and the President and Chief Executive Officer of PPHC, as the case may be. In such capacity, Executive will perform such duties and exercise such powers commensurate with his position as the Executive Vice President of Corporate Development and Chief Financial Officer Operations of each Precision Company subject to the direction of the President and Chief Executive Officer of the Company and the President and Chief Executive Officer of PPHC, as the case may be, including but not limited to, (i) Overseeing and managing the financial operations of Precision and its Affiliates; (ii) Assisting the board of directors of the Company (the "Company Board") and the board of directors of PPHC (the "PPHC Board" and together with the Company Board, the "Precision Boards") in the development of corporate strategies to maximize shareholder value of Precision and its Affiliates; (iii) Assisting the Precision Boards in the identification and implementation of acquisitions related to Precision and its Affiliates; and (iv) Performing such other responsibilities (commensurate with the responsibilities customarily ascribed to an Executive Vice President of Corporate Development and Chief Financial Officer Operations of similarly situated Persons) as may be assigned by the Precision Boards from time to time. Without limiting the generality or effect of the foregoing, during the Employment Term, Executives' titles, responsibilities, reporting relationships and authority will be at least commensurate with those held by or assigned to Executive on the Effective Date. From and after the Notification Date through the effective date of the termination of Executive's employment, Executive will comply with the Precision Boards' reasonable requests in implementing a prompt and effective management transition.