Title, Duties and Term of Employment. (a) Executive will serve as the President and Chief Executive Officer and report to the Company’s Board of Directors. Executive understands and agrees that the Company is a rapidly growing and changing organization and the precise nature of the work of the President and Chief Executive Officer asked to be completed on behalf of the Company is more expansive than simply managing a slow growth company, and may be adjusted from time to time but, in any event, the duties and responsibilities will include those duties and responsibilities normally associated with and appropriate for someone in the position of President and Chief Executive Officer, which shall include, but not be limited to items set forth in Exhibit A in conjunction with managing the operations of the Company including but not limited to financial reporting to the SEC in compliance with GAAP and all regulatory requirements, providing day-to-day effective oversight of all operational and regulatory matters, ensuring operational integrity and best practices; helping the Company to achieve and exceed strategic and operating goals; presenting and maintaining investor relationships in support of the strategies and objectives of the Company; advising the Board of Directors (“Board”) concerning Company performance, strategy, operations, initiatives and developments in the industry; working with outside accounting, audit, tax, SOX, legal counsel, advisors, and other vendors as appropriate; managing the development of a more coordinated and consolidated business with The Beneficient Trust Company Group, L.P.; and travel as needed and requested by the Company.
Title, Duties and Term of Employment. (a) Executive will serve as the Executive Vice President and General Counsel of the Company reporting to the Company's Chief Executive Officer and Board of Directors. Executive understands and agrees that the Company is a rapidly growing and changing organization and the precise nature of the work asked to be completed on behalf of the Company may be adjusted from time to time, but in any event, the duties and responsibilities will include those duties and responsibilities normally associated with and appropriate for someone in the position of Executive Vice President and General Counsel, which shall include, but not be limited to: review and provide day-to-day effective oversight of all legal and regulatory matters, ensuring operational integrity and best practices; helping the Company to achieve and exceed strategic and operating goals; responsibility for formulating overall legal, regulatory and legislative strategies, policies and tactics for the organization in alignment with current and future business strategies and objectives of the Company; developing and maintaining intra- and inter- industry relationships; advising the Board of Directors ("Board") and the Chief Executive Officer concerning such matters as Company initiatives and developments in the industry, while helping the Board understand any significant, complex or unique business, legal or regulatory issues; working with outside legal counsel, advisors, lobbyists, other vendors and auditors, as appropriate; and travel as needed and requested by the Company, including working out of the Minneapolis office to perform duties.
Title, Duties and Term of Employment. (a) Executive will serve as the Chief Financial Officer of the Company and report to the Company’s Chief Executive Officer and Board of Directors. Executive understands and agrees that the Company is a rapidly growing organization and the precise nature of the work of the Chief Financial Officer asked to be completed on behalf of the Company may be adjusted from time to time but, in any event, the duties and responsibilities will include those duties and responsibilities normally associated with and appropriate for someone in the position of Chief Financial Officer, which shall include, but not be limited to preparing and maintaining the Company’s financial reporting to the SEC in compliance with GAAP and all regulatory requirements, providing day-to- day effective oversight of all operational and regulatory matters, ensuring operational integrity and best practices; helping the Company to achieve and exceed strategic and operating goals; presenting and maintaining investor relationships in support of the strategies and objectives of the Company; advising the Board of Directors (“Board”) and the Chief Executive Officer concerning Company performance, strategy, operations, initiatives and developments in the industry; working with outside accounting, audit, tax, SOX, legal counsel, advisors, and other vendors appropriate; and travel as needed and requested by the Company.
