During the Employment Term, the Executive will serve as the Executive Vice President & General Counsel and Corporate Secretary of the Company. The employment relationship between the Company and the Executive will be governed by the applicable written general employment policies and practices of the Company contained or referred to in the Morgans Hotel Group Corporate Handbook (the “ Handbook ”), as well as those written general polices relating to ethics and business conduct, confidential information, expense reimbursement and avoidance of conflicts (together, the “ Company Policies ”), a copy of which has been delivered to the Executive, except that when any express term of this Agreement is in conflict with the Company Policies, such term of this Agreement will control.