Employment by the Company Clause Example from Business Contracts

Employment by the Company. (a) Position. You will serve as the Company's Co-Chief Executive Officer ("Co-CEO"), reporting to the Company's Board of Directors (the "Board"). During the term of your employment with the Company, you will devote your best efforts and substantially all of your business time and attention to the business of the Company, except for approved vacation periods and reasonable periods of illness or other incapacities permitted by the Company's general employment policies. It is anticipated that such ...business of the Company will include your providing services to entities that are affiliated with the Company, without further or additional compensation or benefits other than as set forth in this Agreement. (b) Duties and Location. You will perform those duties and responsibilities as are customary for the position of Co-CEO and as may be directed by the Board. You will work out of the Company's offices in Palo Alto, California, or if the offices have not yet reopened, you will initially work remotely until the Company's offices re-open. Notwithstanding the foregoing, the Company reserves the right to reasonably require you to perform your duties at places other than your primary office location from time to time, and to require reasonable business travel. Subject to the Good Reason and other provisions contained herein, the Company may modify your job title, work location and duties as it deems necessary and appropriate in light of the Company's needs and interests from time to time. View More