Common use of Effective Date, Appointment, Title and Duties Clause in Contracts

Effective Date, Appointment, Title and Duties. The effective date of this Agreement is March 1, 2007 (“Effective Date”). As of the Effective Date, LTC employs Executive to serve as its Chief Executive Officer. In such capacity, Executive shall report to the Board of Directors of the Company, and shall have such duties, powers and responsibilities as are customarily assigned to a Chief Executive Officer of a publicly held corporation, but shall also be responsible to the Board of Directors and to any committee thereof. In addition, Executive shall have such other duties and responsibilities as the Board of Directors may reasonably assign her, with her consent, including serving with the consent or at the request of the Board of Directors as an officer or on the board of directors of affiliated corporations, provided that such duties are commensurate with and customary for a senior executive officer bearing Executive’s experience, qualifications, title and position.

Effective Date, Appointment, Title and Duties. The effective date of this Agreement is March 1, 2007 (“Effective Date”). As LTC hereby accepts the resignation of the Effective Date, LTC Executive from his position of Chief Executive Officer and hereby employs Executive to serve as its Chief Executive OfficerChairman of the Board, subject to the terms hereof. In such capacity, Executive shall report to the Board of Directors of the Company, and shall have such duties, powers and responsibilities as are customarily assigned to a Chief the Executive Officer Chairman of a publicly held corporation, but shall also be responsible to the Board of Directors and to any committee thereofa publicly-held corporation. In addition, Executive shall have such other duties and responsibilities as the Board of Directors may reasonably assign herhim, with her his consent, including serving with the consent or at the request of the Board of Directors as an officer or Company on the board of directors of affiliated corporations, provided that such duties are commensurate with and customary for a senior executive officer bearing Executive’s experience, qualifications, title and position.

Effective Date, Appointment, Title and Duties. The effective date of this Agreement is March January 1, 2007 2012 (“Effective Date”). As of the Effective Date, LTC the Company employs Executive to serve as its Chief Executive Officer. In such capacity, Executive shall report to the Board of Directors of the Company, and shall have such duties, powers and responsibilities as are customarily assigned to a Chief Executive Officer of a publicly held corporation, but shall also be responsible to the Board of Directors and to any committee thereof. In addition, Executive shall have such other duties and responsibilities as the Board of Directors may reasonably assign herhim, with her his consent, including serving with the consent or at the request of the Board of Directors as an officer or on the board of directors of affiliated corporations, provided that such duties are commensurate with and customary for a senior executive officer bearing Executive’s experience, qualifications, title and position.

Effective Date, Appointment, Title and Duties. The effective date of this Agreement is March July 1, 2007 2010 (“Effective Date”). As of the Effective Date, LTC the Company employs Executive to serve as its Chief Executive Officer. In such capacity, Executive shall report to the Board of Directors of the Company, and shall have such duties, powers and responsibilities as are customarily assigned to a Chief Executive Officer of a publicly held corporation, but shall also be responsible to the Board of Directors and to any committee thereof. In addition, Executive shall have such other duties and responsibilities as the Board of Directors may reasonably assign herhim, with her his consent, including serving with the consent or at the request of the Board of Directors as an officer or on the board of directors of affiliated corporations, provided that such duties are commensurate with and customary for a senior executive officer bearing Executive’s experience, qualifications, title and position.

Effective Date, Appointment, Title and Duties. The effective date of this Agreement is March 1July 15, 2007 2009 (“Effective Date”). As of the Effective Date, LTC the Company employs Executive to serve as its Chief Executive Officer. In such capacity, Executive shall report to the Board of Directors of the Company, and shall have such duties, powers and responsibilities as are customarily assigned to a Chief Executive Officer of a publicly held corporation, but shall also be responsible to the Board of Directors and to any committee thereof. In addition, Executive shall have such other duties and responsibilities as the Board of Directors may reasonably assign herhim, with her his consent, including serving with the consent or at the request of the Board of Directors as an officer or on the board of directors of affiliated corporations, provided that such duties are commensurate with and customary for a senior executive officer bearing Executive’s experience, qualifications, title and position.

Effective Date, Appointment, Title and Duties. The effective date of this Agreement is March 1, 2007 (“"Effective Date”"). As of the Effective Date, LTC employs Executive to serve as its Chief Executive Officer. In such capacity, Executive shall report to the Board of Directors of the Company, and shall have such duties, powers and responsibilities as are customarily assigned to a Chief Executive Officer of a publicly held corporation, but shall also be responsible to the Board of Directors and to any committee thereof. In addition, Executive shall have such other duties and responsibilities as the Board of Directors may reasonably assign her, with her consent, including serving with the consent or at the request of the Board of Directors as an officer or on the board of directors of affiliated corporations, provided that such duties are commensurate with and customary for a senior executive officer bearing Executive’s 's experience, qualifications, title and position.