Executive’s Duties and Obligations Contract Clauses (21)

Executive’s Duties and Obligations. (a) Duties. Executive shall serve as the Company's CEO, commencing on December 12, 2018, or such other date as mutually agreed by the Company and Executive (the "Commencement Date"). Executive shall report to the Board and have duties, responsibilities and authorities as are customarily associated with the position of CEO of a public company of the size and nature of the Company, and such additional duties and responsibilities consistent with this position as may, from time to time, be assigned ...by the Board. As of the Commencement Date, Executive shall be appointed to the Board and shall stand for reelection at the 2019 Annual Meeting of Stockholders (and at each applicable Annual Meeting of Stockholders thereafter so long as Executive continues to be employed by the Company), at which time Executive will either stand for re-election and then for successive one-year terms. (b) Confidential Information and Inventions Matters. In consideration of the covenants contained herein, Executive has executed, and agrees to be bound by, the Company's form of Employee Confidentiality, Assignment of Inventions, Non-Interference and Non-Competition Agreement (the "Confidentiality Agreement"), a form of which is attached to this Agreement as Exhibit B. Executive shall comply at all times with the terms and conditions of the Confidentiality Agreement and all other policies of the Company governing its confidential and proprietary information. View More

Executive’s Duties and Obligations. (a) Duties. Executive shall serve as the Company's President and Chief Executive Officer. Executive shall (i) report solely to the Board of Directors of the Company (the "Board"), (ii) be the most senior executive officer of the Company; (iii) have all other executives and employees report to him (directly and indirectly); (iv) be responsible for the general management and affairs of the Company, including but not limited to decisions regarding the strategic direction of its products and service...s (with the approval of the Board) and the hiring, promotion, firing and compensation of its non-officer employees; and (v) have such other duties, responsibilities and authorities as are customarily associated with the position of chief executive officer of a company of the size and nature of the Company, and such additional duties and responsibilities consistent with his position as may, from time to time, be assigned to him by the Board. (b) Location of Employment. Executive's principal place of business shall be at the Company's headquarters in Warrington, Pennsylvania. In addition, Executive acknowledges and agrees that the performance by Executive of Executive's duties shall require frequent travel including, without limitation, overseas travel from time to time. (c) Confidential Information and Inventions Matters. In consideration of the covenants contained herein, Executive has executed and agrees to be bound by the Company's standard form of Employee Confidentiality, Assignment of Inventions, Non-Interference and Non-Competition Agreement (the "Confidentiality Agreement"), a form of which is attached to this Agreement as Exhibit B. Executive shall comply at all times with the terms and conditions of the Confidentiality Agreement and all other reasonable policies of the Company governing its confidential and proprietary information. View More

Executive’s Duties and Obligations. (a) Duties. The Executive shall continue to serve as the Company's Chief Executive Officer. The Executive shall be responsible for all duties customarily associated with a Chief Executive Officer in a publicly-traded company. The Executive shall report directly to the Company's Board of Directors (the "Board") and shall be subject to reasonable policies established by the Board. During the Term of Employment the Executive will also serve on the Company's Board of Directors to the extent elected ...by the stockholders of the Company. (b) Location of Employment. The Executive's principal place of business shall be at the Company's headquarters located in East Rutherford, New Jersey. In addition, the Executive acknowledges and agrees that the performance by the Executive of the Executive's duties shall require frequent travel including, without limitation, overseas travel from time to time. (c) Confidential Information, Assignment of Rights, Non-Solicitation and Non- Competition Agreement. In consideration of the covenants contained herein, the Executive has executed and agrees to be bound by the Confidential Information, Assignment of Rights, Non-Solicitation and Non-Competition Agreement (the "Confidentiality Agreement") attached to this Agreement as Exhibit B. The Executive shall comply at all times with the covenants (including covenants not to compete or solicit employees, consultants and independent contractors) and other terms and conditions of the Confidentiality Agreement and all other reasonable policies of the Company governing its confidential and proprietary information. The Executive's obligations under the Confidentiality Agreement shall survive the Term of Employment. View More