Common use of Duties of Position Clause in Contracts

Duties of Position. During the Employment Period, Executive shall serve as Executive Vice President and Chief Operating Officer of the Company. Notwithstanding the foregoing, Executive’s title(s) may be modified by the Chief Executive Officer, provided that in the event of any such modification Executive’s new title(s), duties and authority shall be consistent with those of a senior executive officer of the Company at such time, and Executive shall, in any event, report directly to the Chief Executive Officer or Board of Directors. Executive’s duties shall include, without limitation, such duties and responsibilities, consistent with Executive’s title (as may be modified from time to time in accordance with this Agreement), training and experience, as are from time to time reasonably assigned to Executive by the Board or the Company’s Chief Executive Officer. Executive agrees to devote substantially all of Executive’s business time, attention and energies to the performance of the duties assigned to Executive hereunder, and to perform such duties faithfully, diligently and to the best of Executive’s abilities and subject to such laws, rules, regulations and policies from time to time applicable to the Company’s employees. The Company may assign all or a portion of its rights and obligations under this agreement to any of its affiliates or enter into an agreement with any of its affiliates that provides that Executive will perform services on behalf of such affiliate and Executive agrees to provide such services, as directed by the Company.

Duties of Position. During the Employment Period, Executive shall serve as Executive Vice President President, General Counsel and Chief Operating Officer Secretary of the Company. Notwithstanding the foregoing, Executive’s title(s) may be modified by the Chief Executive Officer, provided that in the event of any such modification Executive’s new title(s), duties and authority shall be consistent with those of a senior executive officer of the Company at such time, and Executive shall, in any event, report directly to the Chief Executive Officer or Board of Directors. Executive’s duties shall include, without limitation, such duties and responsibilities, consistent with Executive’s title (as may be modified from time to time in accordance with this Agreement), training and experience, as are from time to time reasonably assigned to Executive by the Board or the Company’s Chief Executive Officer. Executive agrees to devote substantially all not less than a majority of Executive’s business time, attention and energies to the performance of the duties assigned to Executive hereunder, and to perform such duties faithfully, diligently and to the best of Executive’s abilities and subject to such laws, rules, regulations and policies from time to time applicable to the Company’s employees. Notwithstanding the above, nothing in this Agreement shall preclude Executive from devoting a portion of Executive’s business time, attention and energies to the performance of Executive’s duties as President and Chief Operating Officer of NorthStar Capital Investment Corp. and other business endeavors. The Company may assign all or a portion of its rights and obligations under this agreement to any of its affiliates or enter into an agreement with any of its affiliates that provides that Executive will perform services on behalf of such affiliate and Executive agrees to provide such services, as directed by the Company.