Employment by A&M. The CRO and any Additional Personnel will continue to be employed by A&M and while rendering services to the Company will continue to work with other personnel at A&M in connection with other unrelated matters, which will not unduly interfere with services pursuant to this engagement. With respect to the Company, however, the CRO and any Additional Personnel shall operate under the direction of the CEO and the Board.
Employment by A&M. The CEO, the CRO and the Officers will continue to be employed by A&M and while rendering services to the Company will continue to work with other personnel at A&M in connection with other unrelated matters, which will not unduly interfere with services pursuant to this engagement. With respect to the Company, however, the CEO, the CRO and the Officers shall operate under the direction of the Board of Directors and A&M shall have no liability to the Company for any acts or omissions of such officers. The CEO will devote substantially all of his working time to the affairs of the Company, subject to his responsibilities with respect to the internal governance of A&M. The Officers will at all times remain employees of A&M who will be responsible for payroll and withholding expenses on their behalf.
Employment by A&M. The CFO will continue to be employed by A&M and while rendering services to the Company will continue to work with other personnel at A&M in connection with other unrelated matters, which will not unduly interfere with services pursuant to this engagement. For the avoidance of doubt, it is understood that the “unrelated matters” referenced in the previous sentence shall relate to the CFO’s obligations and responsibilities as a Managing Director at A&M. Other than with respect to CFO’s willful misconduct, as determined upon final adjudication by a court of competent jurisdiction, A&M shall have no liability to the Company for any acts or omissions.
Employment by A&M. The CRO and any Additional Personnel will continue to be employed by A&M and while rendering services to the Company will continue to work with other personnel at A&M in connection with other unrelated matters, which will not unduly interfere with services pursuant to this engagement. With respect to the Company, however, the CRO and any Additional Officers shall operate under the direction of the Board and A&M shall have no liability to the Company for any acts or omissions of such persons other than caused by their gross negligence or willful misconduct. The CRO shall not undertake another client engagement for six (6) months from the date hereof. To the extent required to provide the services hereunder, the Additional Officers will devote all of their business time to the business and affairs of the company but it will not be a breach of the foregoing for them to attend to administrative matters of A&M.
Employment by A&M. The Officer and any Additional Consultants will continue to be employed by A&M and while rendering services to the Company and will continue to work with other personnel at A&M in connection with other unrelated matters, which will not unduly interfere with services pursuant to this engagement. With respect to the Company, the Officer and any Additional Consultants shall operate under the direction of the Board and A&M shall have no liability to the Company for any acts or omissions of such individuals.
Employment by A&M. The Officers and Additional Staff will continue to be employed by A&M throughout the term of this engagement. The Officers, while rendering services to the Company, may continue to work with other personnel at A&M in connection with other unrelated matters, which will not unduly interfere with services pursuant to this engagement. Throughout this engagement, (i) A&M shall be solely responsible for the payment of compensation (including all wages, bonuses and commissions) and provision of benefits to the Officers and the Additional Staff; (ii) each of the Officers and Additional Staff shall be eligible to participate in, and receive benefits under, any employee benefit plan, program or arrangement maintained by A&M to the extent he or she would if the services performed for the Company were performed for A&M; (iii) A&M shall be responsible for withholding all amounts that are required to be withheld under all applicable laws from the amounts paid to the Officers and Additional Staff, for paying all such amounts to the appropriate federal, state and/or local taxing authorities and for filing all reports and maintaining all records in connection therewith; (iv) A&M shall comply in all material respects with any and all provisions of federal, state and local law with respect to the payment of wages or benefits to the Officers and Additional Staff, including, without limitation, any law pertaining to the amount or payment of wages, any law requiring that the Officers and/or or Additional Staff be provided with health care coverage and any law requiring the provision of workers’ compensation coverage; and (v) A&M shall maintain in effect any and all insurance coverage (including workers’ compensation insurance) that are required to be maintained at law and shall maintain general liability insurance in an amount at least equal to that maintained as of the date hereof.
Employment by A&M. The Co-CEO and any Additional Personnel will continue to be employed by A&M and, except as set forth below, while rendering services to the Company will continue to work with other personnel at A&M in connection with other unrelated matters, which will not unduly interfere with services pursuant to this engagement. With respect to the Company, however, the Co-CEO and any Additional Personnel shall operate under the direction of the Board, and A&M shall have no liability to the Company for any acts or omissions of such officers, other than in connection with any act or omission constituting gross negligence or intentional misconduct. The Co-CEO will devote substantially all of his working time to the affairs of the Company, subject to his responsibilities with respect to the internal governance of A&M. The Co-CEO and any Additional Personnel will at all times remain employees of A&M, which will be responsible for the payment of all wages, and federal, state and local payroll, social security, unemployment, insurance and similar taxes on their behalf. None of the Co-CEO, the Additional Personnel or A&M shall be entitled to receive any compensation or benefits from the Company or to participate in any Company compensation, benefits, incentive, insurance or other plan or program, other than as specifically set forth herein.
Employment by A&M. It is understood that the CEO, CFO and the Additional Personnel will continue to be employed by A&M. It is further understood that while rendering services to the Company, such individuals may continue to work with other personnel at A&M in connection with matters unrelated to the Company, provided such work will not unduly interfere with the provision of services pursuant to this Agreement.
Employment by A&M. (i) The SA, the CFO, and the Additional Personnel shall continue to be employed by A&M. With respect to the Company, however, the SA, the CFO, and any Additional Personnel shall operate under the direction of the CEO and the Board. The SA shall be substantially full time during the Phase One Review portion of this Agreement, except for A&M firm matters; thereafter, the Company and A&M shall mutually agree on his time commitment. The CFO shall be full time during the term of this Agreement.
Employment by A&M. The Team will continue to be employed by A&M and while rendering services to the Company will continue to work with other personnel at A&M in connection with other unrelated matters, which will not unduly interfere with services pursuant to this engagement. With respect to the Company, however, the Team shall operate under the direction of the Board.
