Position Duties. (a) Except as provided in Section 2(b) below, the Executive shall serve as the Chief Financial Officer of the Company and its US subsidiary, Eloxx Pharmaceuticals U.S. Sub, Inc. during the Employment Term. As Chief Financial Officer, the Executive shall have such duties, authorities and responsibilities as are commensurate with the position of Chief Financial Officer and such other duties and responsibilities as the Company's Chief Executive Officer shall designate that are consistent with the E
...xecutive's position as Chief Financial Officer. (b) During the Employment Term, the Executive agrees to devote his full business time, attention and energies to the performance of all of the lawful duties, responsibilities and authority that may be assigned to him hereunder. Nothing contained in this Agreement will preclude the Executive from (i) devoting time to personal and family investments, (ii) serving as a director of any not-for-profit company, (iii) serving as a director for Atossa Genetics, Egalet Corporation, and any other for-profit company that is approved by the Board of Directors (the "Board") (such approval not to be unreasonably withheld) or (iv) from participating in charitable or industry associations, in each case, provided that such activities or services do not (x) materially interfere with the Executive's performance of duties hereunder or (y) violate the terms of the Confidentiality Agreement (as defined below). 1 (c) During the Employment Term, the Executive's principal place of employment shall be the Company's offices in Waltham, Massachusetts, subject to customary business travel consistent with the Executive's duties and responsibilities.
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Position Duties. (a) Except as provided in Section 2(b) below, the Executive shall serve as the
Chief Financial Officer of the Company and its US subsidiary, Eloxx Pharmaceuticals U.S. Sub, Inc. Company's President during the Employment Term. As
Chief Financial Officer, President, the Executive shall have such duties, authorities and responsibilities as are commensurate with the position of
Chief Financial Officer President and such other duties and responsibilities as the Company's
Chief Executive Officer Board... of Directors (the "Board") shall designate that are consistent with the Executive's position as Chief Financial Officer. President. (b) During the Employment Term, the Executive agrees to devote his full business time, attention and energies to the performance of all of the lawful duties, responsibilities and authority that may be assigned to him hereunder. Nothing contained in this Agreement will preclude the Executive from (i) devoting time to personal and family investments, (ii) serving as a director of any not-for-profit company, company or (iii) serving as a director for Atossa Genetics, Egalet Corporation, and any other for-profit company that is approved by the Board of Directors (the "Board") (such approval not to be unreasonably withheld) or (iv) from participating in charitable or industry associations, in each case, provided that such activities or services do not (x) materially interfere with the Executive's performance of duties hereunder or (y) violate the terms of the Confidentiality Agreement (as defined below). 1 (c) During the Employment Term, the Executive shall serve as a member of the Board, and the Executive agrees to serve as a member of the Board without additional compensation. Upon the Executive's principal place termination of employment from the Company for any reason, unless otherwise specified in a written agreement between the Executive and the Company, the Executive will be deemed to have resigned from all offices, directorships, and other employment positions if any, then held with the Company or any of its affiliates, and agrees to take all actions reasonably requested by the Company to effectuate the foregoin 3. BASE SALARY. The Company agrees to pay the Executive a base salary (the "Base Salary") at an annual rate of $180,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's Base Salary shall be the Company's offices in Waltham, Massachusetts, subject to customary business travel consistent with review by the Executive's duties Board (or a committee thereof) at least annually and responsibilities. may be increased, but not decreased, from time to time by the Board. The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of this Agreement.
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Position Duties. (a) Except as provided in Section 2(b) below, the Executive shall serve as the
Company's Chairman and Chief
Financial Executive Officer
of the Company and its US subsidiary, Eloxx Pharmaceuticals U.S. Sub, Inc. during the Employment Term. As
Chairman and Chief
Financial Executive Officer, the Executive shall have such duties, authorities and responsibilities as are commensurate with the position of
Chairman and Chief
Financial Executive Officer and such other duties and responsibilities as the C
...ompany's Chief Executive Officer Board of Directors (the "Board") shall designate that are consistent with the Executive's position as Chairman and Chief Financial Executive Officer. (b) During the Employment Term, the Executive agrees to devote his full business time, attention and energies to the performance of all of the lawful duties, responsibilities and authority that may be assigned to him hereunder. Nothing contained in this Agreement will preclude the Executive from (i) devoting time to personal and family investments, (ii) serving as a director of any not-for-profit company, company or (iii) serving as a director for Atossa Genetics, Egalet Corporation, and any other for-profit company that is approved by the Board of Directors (the "Board") (such approval not to be unreasonably withheld) or (iv) from participating in charitable or industry associations, in each case, provided that such activities or services do not (x) materially interfere with the Executive's performance of duties hereunder or (y) violate the terms of the Confidentiality Agreement (as defined below). 1 (c) During the Employment Term, the Executive shall serve as a member of the Board, and the Executive agrees to serve as a member of the Board without additional compensation. Upon the Executive's principal place termination of employment from the Company for any reason, unless otherwise specified in a written agreement between the Executive and the Company, the Executive will be deemed to have resigned from all offices, directorships, and other employment positions if any, then held with the Company or any of its affiliates, and agrees to take all actions reasonably requested by the Company to effectuate the foregoin 3. BASE SALARY. The Company agrees to pay the Executive a base salary (the "Base Salary") at an annual rate of $250,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's Base Salary shall be the Company's offices in Waltham, Massachusetts, subject to customary business travel consistent with review by the Executive's duties Board (or a committee thereof) at least annually and responsibilities. may be increased, but not decreased, from time to time by the Board. The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of this Agreement.
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Position Duties.
(a) Except as provided in Section 2(b) below, the Executive shall serve as the Chief Financial Officer of the Company and its US subsidiary, Eloxx Pharmaceuticals U.S. Sub, Inc. during the Employment Term. As Chief Financial Officer, the Executive shall have such duties, authorities and responsibilities as are commensurate with the position of Chief Financial Officer and such other duties and responsibilities as the Company's Chief Executive Officer shall designate that are consistent with the E...xecutive's position as Chief Financial Officer. (b) During the Employment Term, the Executive agrees to devote his full business time, attention and energies to the performance of all of the lawful duties, responsibilities and authority that may be assigned to him hereunder. Nothing contained in this Agreement will preclude the Executive from (i) devoting time to personal and family investments, (ii) serving as a director of any not-for-profit company, (iii) serving as a director for Atossa Genetics, Egalet Corporation, and any other for-profit company that is approved by the Board of Directors (the "Board") Chief Executive Officer (such approval not to be unreasonably withheld) or (iv) from participating in charitable or industry associations, in each case, provided that such activities or services do not (x) materially interfere with the Executive's performance of duties hereunder or (y) violate the terms of the Confidentiality Agreement (as defined below). 1 (c) During (c)During the Employment Term, the Executive's principal place of employment shall be the Company's offices in Waltham, Massachusetts, subject to customary business travel consistent with the Executive's duties and responsibilities.
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Position Duties. (a) Except as provided in Section 2(b) below, the Executive shall serve as the
President and Chief
Financial Executive Officer
(CEO) and, upon the Effective Date, shall be appointed as a member of the Board of Directors (the "Board") of the Company and its
US subsidiary, Eloxx
Pharmaceuticals U.S. Sub, Inc. Pharmaceuticals, Ltd. during the Employment Term.
During the Employment Term, the Executive shall continue to be nominated by the Board (or a Committee thereof) for re-election as a member of... the Board at the expiration of the then-current term, and shall serve as a member of the Board without additional compensation. As Chief Financial Officer, CEO, the Executive shall have such duties, authorities and responsibilities as are commensurate with the position of Chief Financial Officer CEO and such other duties and responsibilities as the Company's Chief Executive Officer Board shall designate that are consistent with the Executive's position as Chief Financial Executive Officer. The Executive agrees to serve, if requested, without additional compensation, as an officer or director of any of the Company's subsidiaries. (b) During the Employment Term, the Executive agrees to devote his full business time, attention and energies to the performance of all of the lawful duties, responsibilities and authority that may be assigned to him hereunder. Nothing contained in this Agreement will preclude the Executive from (i) devoting time to personal and family investments, (ii) serving as a director of any not-for-profit company, (iii) serving as a director for Atossa Genetics, Egalet Corporation, and any other for-profit company that is approved by the Board of Directors (the "Board") (such approval not to be unreasonably withheld) or (iv) from participating in charitable or industry associations, in each case, provided that such activities or services do not (x) materially interfere with the Executive's performance of duties hereunder or (y) violate the terms of the Confidentiality Agreement (as defined below). 1 (c) During the Employment Term, the Executive's principal place of employment shall be the Company's offices in Waltham, Watertown, Massachusetts, subject to customary business travel consistent with the Executive's duties and responsibilities.
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Position Duties. (a) Except as provided in Section 2(b) below, the Executive shall serve as the
Chairman and Chief
Financial Executive Officer of the Company and its US subsidiary, Eloxx Pharmaceuticals U.S. Sub, Inc. during the Employment Term. As
Chairman and Chief
Financial Executive Officer, the Executive shall have such duties, authorities and responsibilities as are commensurate with the position of
Chairman and Chief
Financial Executive Officer and such other duties and responsibilities as the Company's
C...hief Executive Officer Board of Directors (the "Board") shall designate that are consistent with the Executive's position as Chairman and Chief Financial Executive Officer. (b) During the Employment Term, the Executive agrees to devote his full business time, attention and energies to the performance of all of the lawful duties, responsibilities and authority that may be assigned to him hereunder. Nothing contained in this Agreement will preclude the Executive from (i) devoting time to personal and family investments, (ii) serving as a director of any not-for-profit company, (iii) serving as a director for Atossa Genetics, Egalet Corporation, Akari Therapeutics and any other for-profit company that is approved by the Board of Directors (the "Board") (such approval not to be unreasonably withheld) or (iv) from participating in charitable or industry associations, in each case, provided that such activities or services do not (x) materially interfere with the Executive's performance of duties hereunder or (y) violate the terms of the Confidentiality Agreement (as defined below). 1 (c) Upon the Executive's termination of employment from the Company for any reason, unless otherwise specified in a written agreement between the Executive and the Company, the Executive will be deemed to have resigned from all offices, directorships, and other employment positions if any, then held with the Company or any of its affiliates, and agrees to take all actions reasonably requested by the Company to effectuate the foregoing. (d) During the Employment Term, the Executive's principal place of employment shall be the Company's offices in Waltham, Massachusetts, subject to customary business travel consistent with the Executive's duties and responsibilities.
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Position Duties. (a) Except as provided in Section 2(b) below, the Executive shall serve as the Chief
Financial Operating Officer of the Company and its US subsidiary, Eloxx Pharmaceuticals U.S. Sub, Inc. during the Employment Term. As Chief
Financial Operating Officer, the Executive shall have such duties, authorities and responsibilities as are commensurate with the position of Chief
Financial Operating Officer and such other duties and responsibilities as the Company's Chief Executive Officer shall designate
...that are consistent with the Executive's position as Chief Financial Operating Officer. (b) During the Employment Term, the Executive agrees to devote his full business time, attention and energies to the performance of all of the lawful duties, responsibilities and authority that may be assigned to him hereunder. Nothing contained in this Agreement will preclude the Executive from (i) devoting time to personal and family investments, (ii) serving as a director of any not-for-profit company, (iii) serving as a director for Atossa Genetics, Egalet Corporation, and any other for-profit company that is approved by the Board of Directors (the "Board") Chief Executive Officer (such approval not to be unreasonably withheld) or (iv) from participating in charitable or industry associations, in each case, provided that such activities or services do not (x) materially interfere with the Executive's performance of duties hereunder or (y) violate the terms of the Confidentiality Agreement (as defined below). 1 of 13 (c) During the Employment Term, the Executive's principal place of employment shall be the Company's offices his home office in Waltham, Massachusetts, New Jersey, subject to customary business travel consistent with the Executive's duties and responsibilities.
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Position Duties. (a) Except as provided in Section 2(b) below, the Executive shall serve as the
Chief Financial Officer Head of Research and Development of the Company and its
US subsidiary, Eloxx
Pharmaceuticals U.S. Sub, Inc. Pharmaceuticals, Ltd. during the Employment Term.
As Chief Financial Officer, the The Executive shall have such duties, authorities and responsibilities as are commensurate with the
Executive's position
of Chief Financial Officer and such other duties and responsibilities as the Company's
... Chief Executive Officer shall designate that are consistent with the Executive's position position. The Executive agrees to serve, if requested, without additional compensation, as Chief Financial Officer. an officer or director of any of the Company's subsidiaries. (b) During the Employment Term, the Executive agrees to devote his full business time, attention and energies to the performance of all of the lawful duties, responsibilities and authority that may be assigned to him hereunder. Nothing contained in this Agreement will preclude the Executive from (i) devoting time to personal and family investments, (ii) serving as a director of any not-for-profit company, (iii) serving as a director for Atossa Genetics, Egalet Corporation, and any other for-profit company that is approved by the Board of Directors (the "Board") Chief Executive Officer (such approval not to be unreasonably withheld) or (iv) from participating in charitable or industry associations, in each case, provided that such activities or services do not (x) materially interfere with the Executive's performance of duties hereunder or (y) violate the terms of the Confidentiality Agreement (as defined below). 1 (c) During the Employment Term, the Executive's principal place of employment shall be the Company's offices in Waltham, Watertown, Massachusetts, subject to customary business travel consistent with the Executive's duties and responsibilities.
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Position Duties. (a) Except as provided in Section 2(b) below, the Executive shall serve as the Chief
Financial Medical Officer of the Company and its US subsidiary, Eloxx Pharmaceuticals U.S. Sub, Inc. during the Employment Term. As Chief
Financial Medical Officer, the Executive shall have such duties, authorities and responsibilities as are commensurate with the position of Chief
Financial Medical Officer and such other duties and responsibilities as the Company's Chief Executive Officer shall designate that a
...re consistent with the Executive's position as Chief Financial Medical Officer. (b) During the Employment Term, the Executive agrees to devote his full business time, attention and energies to the performance of all of the lawful duties, responsibilities and authority that may be assigned to him hereunder. Nothing contained in this Agreement will preclude the Executive from (i) devoting time to personal and family investments, (ii) serving as a director of any not-for-profit company, (iii) serving as a director for Atossa Genetics, Egalet Corporation, and any other for-profit company that is approved by the Board of Directors (the "Board") (such approval not to be unreasonably withheld) or (iv) from participating in charitable or industry associations, in each case, provided that such activities or services do not (x) materially interfere with the Executive's performance of duties hereunder or (y) violate the terms of the Confidentiality Agreement (as defined below). 1 (c) During the Employment Term, the Executive's principal place of employment shall be the Company's offices in Waltham, Massachusetts, subject to customary business travel consistent with the Executive's duties and responsibilities.
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