Common use of DUTIES AND PRIVILEGES Clause in Contracts

DUTIES AND PRIVILEGES. Executive shall devote substantially all of his --------------------- business time (subject to four weeks of vacation, or such greater amount as is authorized by the Board of Directors) to the affairs of the Company during the employment term, except as may be consented to by the Board of Directors. Executive shall perform such duties and responsibilities and have such authority as is consistent with the duties and responsibilities of a President and Chief Operating Officer, including, without limitation, (a) create the operating plan (including budget), strategic plan, and related organization for the Company and ACI and submit such plans for approval by the CEO and the Board of Directors, (b) implement the approved operating plan, strategic plan and related organization of the Company and ACI, and (c) such other duties and responsibilities as the Board of Directors or Chief Executive Officer of the Company may determine from time to time. All senior management of the Company and ACI shall report, directly or indirectly as determined by Executive, to Executive, except for the Company's Chairman, Vice Chairman, Chief Financial Officer (for his Company duties and responsibilities), and Executive Vice President - Business Development. Subject to travel requirements from time to time, Executive will report for work to the Company's offices in the greater Los Angeles area. Executive will not be required to relocate his permanent residence outside of greater Los Angeles, California; provided that, if Executive and the Company agree that Executive will relocate his permanent residence to another city (a "New Location") and perform his duties and responsibilities pursuant to the terms of this contract at the Company's offices in the New Location, then Executive will not be required to relocate his permanent residence outside the New Location unless Executive and the Company agree. Executive shall have the right to attend the regular and special meetings of the Board of Directors as a non-voting observer. Executive shall receive notices of such meetings at approximately the same time as the members of the Board of Directors.

DUTIES AND PRIVILEGES. Executive During the Employment Period, Employee --------------------- shall devote substantially all of his --------------------- business time (subject to four weeks of vacationserve as President, or such greater amount as is authorized by the Board of Directors) to the affairs of the Company during the employment termInternational Operations, except as may be consented to by the Board of Directors. Executive shall perform such duties and responsibilities and have such authority as is consistent with the duties and responsibilities of a President and Chief Operating Officer, including, without limitation, (a) create the operating plan (including budget), strategic plan, and related organization for the Company and ACI and submit such plans for approval by the CEO and the Board of Directors, (b) implement the approved operating plan, strategic plan and related organization of the Company and ACI, be responsible to and (c) such other duties and responsibilities as report directly to the Board of Directors or Chief Executive Officer or the Chief Operating Officer of the Company (in either case, the "Supervisory Officer"). During the Employment Period, Employee shall have such authority and perform such duties which are consistent with Employee's title and position as President, International Operations, of the Company as the Supervisory Officer may determine from time to time prescribe; devote Employee's entire business time. All senior management , ability and energy exclusively to the performance of Employee's duties hereunder (except that Employee may participate in charitable and industry activities that do not interfere with his duties hereunder); and use Employee's best efforts to advance the interests and businesses of the Company, and its divisions and subsidiaries. During the Employment Period, the Company and ACI shall report, directly or indirectly as determined by Executive, to Executive, except for not hire any individual into a position with the Company's Chairman, Vice Chairman, Chief Financial Officer (for his Company duties and responsibilities), and Executive Vice President - Business DevelopmentInternational Division with a title or responsibilities equivalent or more senior to those of Employee. Subject to travel requirements from time to time, Executive will report for work to the CompanyEmployee's offices in the greater Los Angeles area. Executive will not principal office shall be required to relocate his permanent residence outside of greater Los Angeles, California; provided that, if Executive and the Company agree that Executive will relocate his permanent residence to another city (a "New Location") and perform his duties and responsibilities pursuant to the terms of this contract located at the Company's offices in the New LocationYork metropolitan area. The Company shall not, then Executive will not be required to relocate his permanent residence outside without the consent of Employee, move the location of Employee's principal office from the New Location unless Executive and York metropolitan area (other than to move it to Los Angeles, California). During the Employment Period, the Company agree. Executive shall have the right to attend the regular provide Employee with an office and special meetings of the Board of Directors as a non-voting observer. Executive shall receive notices of such meetings secretary at approximately the same time as the members of the Board of DirectorsEmployee's principal office.