Common use of Position; Term Clause in Contracts

Position; Term. Responsibilities -------------------------------- The Company shall employ the Executive as its Executive Vice President for a term commencing on the Effective Date and ending on the third anniversary of the Effective Date. The term during which the Executive is to be employed by the Company under this Agreement is hereinafter referred to as the "Employment Period." The Executive shall report directly to the President and Chief Executive Officer of the Company. The Parent Company currently contemplates that the Company will be maintained by the Parent Company as a separate operating entity responsible for all operations in North America, South America, Asia and worldwide investigations, subject to changes determined by the Parent Company in the event of future acquisitions or sales of businesses. The Executive shall continue to have the principal responsibilities and authorities in effect on the date of this Agreement (after giving effect to the change in the Company's status from a public company to a non-public separate operating entity of a public company), and shall also perform such other executive and administrative duties on behalf of the Company, its subsidiaries and affiliates (collectively, the "Company"), as may from time to time be authorized or directed by the President and Chief Executive Officer of the Company. The Executive agrees to remain employed by the Company in all such capacities for the Employment Period, subject to all of the covenants and conditions hereinafter set forth.

Position; Term. Responsibilities -------------------------------- The Company shall employ the Executive as its Executive Vice President and Chief Financial Officer for a term commencing on the Effective Date and ending on the third anniversary of the Effective Date. The term during which the Executive is to be employed by the Company under this Agreement is hereinafter referred to as the "Employment Period." The Executive shall report directly to the President and Chief Executive Officer of the Company. The Parent Company currently contemplates that the Company will be maintained by the Parent Company as a separate operating entity responsible for all operations in North America, South America, Asia and worldwide investigations, subject to changes determined by the Parent Company in the event of future acquisitions or sales of businesses. The Executive shall continue to have the principal responsibilities and authorities in effect on the date of this Agreement (after giving effect to the change in the Company's status from a public company to a non-public separate operating entity of a public company), and shall also perform such other executive and administrative duties on behalf of the Company, its subsidiaries and affiliates (collectively, the "Company"), as may from time to time be authorized or directed by the President and Chief Executive Officer of the Company. The Executive agrees to remain employed by the Company in all such capacities for the Employment Period, subject to all of the covenants and conditions hereinafter set forth.