Common use of Transition Duties Clause in Contracts

Transition Duties. After the Resignation Date and continuing to March 4, 2016 (the “Transition Period”), ▇▇▇▇▇▇▇▇ shall continue as an at-will employee of the Company to perform the transition duties outlined herein (the “Transition Duties”). In recognition of ▇▇▇▇▇▇▇▇’▇ stated desire to pursue outside interests, it is anticipated that the Transition Duties will not require ▇▇▇▇▇▇▇▇’▇ full time attention, and the Company understands and accepts that ▇▇▇▇▇▇▇▇ may work remotely as necessary during the Transition Period. ▇▇▇▇▇▇▇▇ shall work at the direction of the Company’s Chairman of the Board and/or successor President and CEO towards achieving a smooth transition of authority and operations to the interim President and CEO and/or successor President and CEO, providing assistance and input concerning ongoing work-related matters in order to effectively transition matters to other staff, and performing other duties as reasonably directed by the Chairman of the Board and/or successor President and CEO. ▇▇▇▇▇▇▇▇ acknowledges and agrees that his employment with the Company will terminate at the conclusion of the Transition Period, and that the Company may shorten the Transition Period in its sole discretion upon notice to ▇▇▇▇▇▇▇▇.