Position Duties Authority and Policies. (a) During the Employment Term, Executive shall serve as the Chief Executive Officer of the Company. Executive shall also serve as a member of the board of directors of the general partner of the Company (the “Board”), subject to the terms of the Amended and Restated Limited Partnership Agreement of the Company, dated as of the Effective Date (the “Partnership Agreement”). In such position, Executive shall have such duties, functions, responsibilities and authority as shall be determined from time to time by the Board and consistent with Executive’s position and title. Executive shall report directly to the Board. From time to time, Executive shall serve on the board of directors or other governing body of any of the Company or its subsidiaries (the “Company Group”) as may be agreed to between the Board and Executive or removed from any such position (subject to the applicable provisions of the Partnership Agreement), without any claim for additional remuneration or compensation. (b) Executive will devote substantially all of Executive’s business time and best efforts to the operation and oversight of the businesses of the Company Group and performance of Executive’s duties hereunder (excluding periods of vacation, approved time off or leave of absence) and will not, without the Company’s prior consent (which shall not be unreasonably withheld, conditioned or delayed), engage in any other business activities that could conflict with Executive’s duties or services to the Company Group. However, notwithstanding the foregoing, during the Employment Term, it shall not be a violation of the prior sentence for Executive to engage in the activities set forth on Schedule I. Executive shall be subject to the terms and conditions of the Company Group’s employee policies and codes of conduct as in effect from time to time to the extent not inconsistent with this Agreement.
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Sources: Employment Agreement (Bumble Inc.)
Position Duties Authority and Policies. (a) During the Employment Term, Executive shall serve as the Chief Executive Officer of the Company. Executive shall also serve as a member the Chairman of the board of directors of the general partner of the Company (the “Board”), subject to the terms of the Amended and Restated Limited Partnership Agreement of the Company, dated as of the Effective Date (the “Partnership Agreement”). In such position, Executive shall have such duties, functions, responsibilities and authority as shall be determined from time to time by the Board and consistent with Executive’s position and title. Executive shall report directly to the Board. From time to time, Executive shall serve on the board of directors or other governing body of any of the Company or its subsidiaries (the “Company Group”) as may be agreed to between the Board and Executive or removed from any such position (subject to the applicable provisions of the Partnership Agreement), without any claim for additional remuneration or compensationposition.
(b) Executive will devote substantially all of Executive’s business time and best efforts to the operation and oversight of the businesses business of the Company Group and performance of Executive’s duties hereunder (excluding periods of vacation, approved time off or leave of absence) and will not, without the Company’s prior consent (which shall not be unreasonably withheld, conditioned or delayed), engage in any other business activities that could conflict with Executive’s duties or services to the Company Group. However, notwithstanding the foregoing, during the Employment Term, it shall not be a violation of the prior sentence for Executive to engage in the activities set forth on Schedule I. as founder and Chief Executive Officer of SM24 Ltd. Executive shall be subject to the terms and conditions of the Company Group’s employee policies and codes of conduct as in effect from time to time to the extent not inconsistent with this Agreement.
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