Common use of TERM AND JOB DESCRIPTION Clause in Contracts

TERM AND JOB DESCRIPTION. 2.1 The Executive shall be employed by the Company as Chief Executive Officer or in such other capacity, consistent with his status and seniority, to which he may be lawfully assigned by the Board from time to time. The Company agrees to make the Executive available, and the Executive agrees, to perform such duties as a director and Chief Executive Officer of New Xxxxxxxxx Group as New Xxxxxxxxx Group shall from time to time reasonably require on and subject to such terms and conditions as New Xxxxxxxxx Group shall specify.

TERM AND JOB DESCRIPTION. 2.1 The Executive shall be employed by the Company as Chief Executive Financial Officer or in such other capacity, consistent with his experience, status and seniority, to which he may be lawfully assigned by the Board from time to time. The Company agrees to make the Executive available, and the Executive agrees, to perform such duties as a director and Chief Executive Officer (subject to approval of New the FSA/FCA) of Xxxxxxxxx Group as New Xxxxxxxxx Group the Company shall from time to time reasonably require on and subject to such terms and conditions as New Xxxxxxxxx Group the Company shall specify.