Common use of Term and Position Clause in Contracts

Term and Position. The Company agrees to employ the Employee as its President and Chief Executive Officer for the period (the "Employment Period") commencing on the date hereof and terminating April 30, 2002. The Employee accepts such employment, agrees to perform the functions and duties incident to such position, and further agrees to perform such other services consistent with his position as shall from time to time be assigned to him by, or pursuant to authorization of, the Board of Directors of the Company and agrees to devote substantially all of his business time, skill and attention to such services. All future employment of family members by the Company made in your capacity as Chief Executive Officer shall be subject to the prior approval of the Board of Directors.

Term and Position. The Company agrees to employ the Employee as its President and Chief Executive Officer for the period (the "Employment Period") commencing on the date hereof and terminating April 30July 31, 2002. The Employee accepts such employment, agrees to perform the functions and duties incident to such position, and further agrees to perform such other services consistent with his position as shall from time to time be assigned to him by, or pursuant to authorization of, the Board of Directors of the Company and agrees to devote substantially all of his business time, skill and attention to such services. All future employment of members of Employee's family members who are hired by the Company made Employee in your his capacity as Chief Executive Officer shall be subject to the prior approval of the Board of Directors.