Common use of Position and Services Clause in Contracts

Position and Services. (i) The Executive will hold the position of Executive Vice President, Finance, Chief Financial Officer, Chief Operating Officer and Secretary. The Executive will report directly to the Company’s President and Chief Executive Officer and shall have such duties, responsibilities and authority with respect to such positions as are set forth in the Bylaws of the Company, which duties and responsibilities shall in all events include, but not be limited to, management responsibility for the operations, finance and administration of the Company.

Position and Services. (ia) The Executive will hold the position of President and Chief Executive Vice President, Finance, Chief Financial Officer, Chief Operating Officer and Secretaryof the Company. The Executive will report directly to the Company’s President and Chief Executive Officer Board of Directors of the Company (the “Board”) and shall have such duties, responsibilities and authority with respect to such positions as are set forth in the Bylaws of the Company, which duties and responsibilities shall in all events include, but not be limited to, overall management responsibility for the operations, finance operations and administration of the Company.

Position and Services. (i) The Executive will hold the position of President and Chief Executive Vice President, Finance, Chief Financial Officer, Chief Operating Officer and Secretaryof the Company. The Executive will report directly to the Company’s President and Chief Executive Officer Board of Directors of the Company (the “Board”) and shall have such duties, responsibilities and authority with respect to such positions as are set forth in the Bylaws of the Company, which duties and responsibilities shall in all events include, but not be limited to, overall management responsibility for the operations, finance operations and administration of the Company.