Common use of Initial Position Clause in Contracts

Initial Position. Commencing at the Effective Time (as defined below), the Company agrees to employ the Employee in the position of President and to appoint him to the Board of Directors of the Company (the “Board”). In his position as President, the Employee shall report to the Company’s Chief Executive Officer. During his service as President, the Employee and the Company agree that all Company functions other than sales and service and finance, legal, human resources and other general and administrative functions shall report directly to the Employee. The term of the Employee’s employment hereunder shall be referred to herein as the Employee’s “Employment.”