Common use of Position Duties Responsibilities Clause in Contracts

Position Duties Responsibilities. The Company hereby agrees to employ Executive, and Executive agrees to serve, as Chief Financial Officer during the Term. Subject to the terms hereof, Executive shall serve either at the Company=s principal place of business or such other place at which Executive shall request, which shall be reasonably granted by the Company. Executive shall report to the Company's Chief Executive Officer and/or its Board of Directors, as appropriate. Executive, in his capacity as Chief Financial Officer of the Company, shall (i) oversee all financing, including but not limited to private placements, whether brokered or non-brokered; (ii) oversee the budget and overhead of the Company; (iii) ensure that the Company remains compliant with all regulatory requirements; (iv) prepare and file the Company=s quarterly and annual financial statements; (v) prepare agreements that may from time to time be required by the Company; (vi) prepare and file documents in connection with the Company=s financings; (vii) maintain correspondence with shareholders and other persons material to the affairs of the Company; and (viii) perform all other duties that may from time to time be required by the Company or as is normally attendant to Executive=s position as an officer of the Company. In furtherance thereof, Executive shall have the full authority and responsibility prescribed by the Company=s Bylaws relating to or otherwise normally attendant to his position as an executive officer of a corporation holding such position and shall hold such responsibilities as shall be determined pursuant to the periodic review and approval of the Chief Executive Officer and/or Board of Directors or any committee thereof.

Position Duties Responsibilities. The Company hereby agrees to employ Executive, and Executive agrees to serve, as Chief Financial Officer during the Term. Subject to the terms hereof, Executive shall serve either at the Company=s 's principal place of business or such other place at which Executive shall request, which shall be reasonably granted by the Company. Executive shall report to the Company's Chief Executive Officer and/or its Board of Directors, as appropriate. Executive, in his capacity as Chief Financial Officer of the Company, shall (i) oversee all financing, including but not limited to private placements, whether brokered or non-brokered; (ii) oversee the budget and overhead of the Company; (iii) ensure that the Company remains compliant with all regulatory requirements; (iv) prepare and file the Company=s 's quarterly and annual financial statements; (v) prepare agreements that may from time to time be required by the Company; (vi) prepare and file documents in connection with the Company=s 's financings; (vii) maintain correspondence with shareholders and other persons material to the affairs of the Company; and (viii) perform all other duties that may from time to time be required by the Company or as is normally attendant to Executive=s 's position as an officer of the Company. In furtherance thereof, Executive shall have the full authority and responsibility prescribed by the Company=s 's Bylaws relating to or otherwise normally attendant to his position as an executive officer of a corporation holding such position and shall hold such responsibilities as shall be determined pursuant to the periodic review and approval of the Chief Executive Officer and/or Board of Directors or any committee thereof.

Position Duties Responsibilities. The Company hereby agrees to employ ExecutiveDuring the Employment Term, and Executive agrees to serve, as Chief Financial Officer during the Term. Subject to the terms hereof, Executive shall serve either at the Company=s principal place as President and Chief Executive Officer of business or such other place at which Executive shall request, which shall be reasonably granted by the Company. In such capacity, the Executive shall report to the Board of Directors of the Company (the “Board of Directors”) and shall perform such duties and have such responsibilities of an executive nature as are set forth in the Company's Chief ’s Amended and Restated By-Laws, as amended from time to time (the “By-Laws”), and as are customarily performed by a person holding such office, it being recognized that the Executive’s specific duties and responsibilities, consistent with his titles hereunder, may be changed by the Board of Directors from time to time consistent with those overall duties customarily performed by a person holding such office. The Executive Officer and/or its shall devote his full business time and attention to the performance of his duties under this Agreement; provided, however, that the Executive shall be permitted to serve as a director on up to two boards of directors in addition to the Board of Directors. In addition, during the Employment Term, the Executive shall serve without additional compensation as a director of the Company and on any committees of the Board of Directors, as appropriate. Executiveif requested, in his capacity as Chief Financial Officer subject to the terms of the Company, shall (i) oversee all financing, including but not limited to private placements, whether brokered or nonBy-brokered; (ii) oversee the budget Laws and overhead of the Company; (iii) ensure that the Company remains compliant with all regulatory requirements; (iv) prepare and file the Company=s quarterly and annual financial statements; (v) prepare agreements that may from time to time be required by the Company; (vi) prepare and file documents in connection with the Company=s financings; (vii) maintain correspondence with shareholders and other persons material to the affairs of the Company; and (viii) perform all other duties that may from time to time be required by the Company or as is normally attendant to Executive=s position as an officer of the Company. In furtherance thereof, Executive shall have the full authority and responsibility prescribed by the Company=s Bylaws relating to or otherwise normally attendant to his position as an executive officer of a corporation holding such position and shall hold such responsibilities as shall be determined pursuant to the periodic review and approval of the Chief Executive Officer and/or Board stockholders of Directors or any committee thereofthe Company to the extent required by applicable law and the By-Laws.

Position Duties Responsibilities. The Company hereby agrees to employ ExecutiveDuring the Employment Term, and Executive agrees to serve, as Chief Financial Officer during the Term. Subject to the terms hereof, Executive shall serve either at the Company=s principal place as President and Chief Executive Officer of business or such other place at which Executive shall request, which shall be reasonably granted by the Company. In such capacity, the Executive shall report to the Board of Directors of the Company (the “Board of Directors”) and shall perform such duties and have such responsibilities of an executive nature as are set forth in the Company's Chief ’s Amended and Restated By-Laws, as amended from time to time (the “By-Laws”), and as are customarily performed by a person holding such office, it being recognized that the Executive’s duties and responsibilities, consistent with his titles hereunder, may be changed by the Board of Directors from time to time. The Executive Officer and/or its shall devote his full business time and attention to the performance of his duties under this Agreement; provided, however, that the Executive shall be permitted to serve as a director on up to two boards of directors in addition to the Board of Directors. In addition, during the Employment Term, the Executive shall serve without additional compensation as Chairman of the Board of Directors and a director of the Company and on any committees of the Board of Directors, as appropriate. Executiveif requested, in his capacity as Chief Financial Officer subject to the terms of the Company, shall (i) oversee all financing, including but not limited to private placements, whether brokered or nonBy-brokered; (ii) oversee the budget Laws and overhead of the Company; (iii) ensure that the Company remains compliant with all regulatory requirements; (iv) prepare and file the Company=s quarterly and annual financial statements; (v) prepare agreements that may from time to time be required by the Company; (vi) prepare and file documents in connection with the Company=s financings; (vii) maintain correspondence with shareholders and other persons material to the affairs of the Company; and (viii) perform all other duties that may from time to time be required by the Company or as is normally attendant to Executive=s position as an officer of the Company. In furtherance thereof, Executive shall have the full authority and responsibility prescribed by the Company=s Bylaws relating to or otherwise normally attendant to his position as an executive officer of a corporation holding such position and shall hold such responsibilities as shall be determined pursuant to the periodic review and approval of the Chief Executive Officer and/or Board stockholders of Directors or any committee thereofthe Company to the extent required by applicable law and the By-Laws.