Common use of Other Positions Clause in Contracts

Other Positions. The Executive shall hold such other positions and executive offices with the Company and/or of any of the Company’s subsidiaries or affiliates as may from time to time be authorized by the Board. The Executive shall not be entitled to any compensation other than the compensation provided for herein for serving during the Employment Period in any other office or position of the Company or any of its subsidiaries or affiliates, unless the Compensation Committee specifically approves such additional compensation.

Appears in 10 contracts

Sources: Employment Agreement (Pharmathene, Inc), Employment Agreement (Pharmathene, Inc), Employment Agreement (Pharmathene, Inc)

Other Positions. The Executive shall hold such other positions and executive offices with the Company and/or of any of the Company’s subsidiaries or affiliates consistent with the Executive’s position as President and Chief Executive Officer as may from time to time be authorized by the Board. The Executive shall not be entitled to any compensation other than the compensation provided for herein for serving during the Employment Period in any other office or position of the Company or any of its subsidiaries or affiliates, unless the Compensation Committee specifically approves such additional compensation.

Appears in 1 contract

Sources: Employment Agreement (Pharmathene, Inc)