The Company shall employ the Employee in the position of Co-Chief Executive Officer, as such position has been defined in terms of responsibilities and compensation as of the effective date of this Agreement. The Board of Directors of the Company (the “ Board ”) shall have the right, at any time prior to the occurrence of a Change of Control, to revise such responsibilities as the Board in its discretion may deem necessary or appropriate. The Employee shall comply with and be bound by the Company’s operating policies, procedures and practices from time to time in effect during his employment. During the term of the Employee’s employment with the Company, the Employee shall continue to devote his full time, skill and attention to his duties and responsibilities, and shall perform them faithfully, diligently and competently, and the Employee shall use his best efforts to further the business of the Company and its affiliated entities.