Common use of Infinet Clause in Contracts

Infinet. During the Employment Period, Executive shall serve as the Chief Financial Officer of Infinet. In this capacity, Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly-sized companies, and such other duties, authorities and responsibilities as the Board of Directors of Infinet (the “Infinet Board”) and the Chief Executive Officer of Infinet shall reasonably designate that are consistent with Executive’s position as the Chief Financial Officer of Infinet. Executive shall report exclusively to the Chief Executive Officer of Infinet. In addition to serving as the Chief Financial Officer of Infinet, Executive shall become a member of the Infinet Board from and after the Effective Date, subject to customary board election practices. In the event that IMH requests that Executive resign as the Chief Financial Officer of Infinet and become a full-time executive officer of IMH, Executive shall promptly do so.

Infinet. During the Employment Period, Executive shall serve as the Chief Financial Executive Officer of Infinet. In this capacity, Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly-sized companies, and such other duties, authorities and responsibilities as the Board of Directors of Infinet (the “Infinet Board”) and the Chief Executive Officer of Infinet shall reasonably designate that are consistent with Executive’s position as the Chief Financial Executive Officer of Infinet. Executive shall report exclusively to the Chief Executive Officer Chairman of Infinetthe Infinet Board. In addition to serving as the Chief Financial Executive Officer of Infinet, Executive shall become a member of the Infinet Board from and after the Effective Date, subject to customary board election practices. In the event that IMH requests that Executive resign as the Chief Financial Executive Officer of Infinet and become a full-time executive officer of IMH, Executive shall promptly do so.