As Executive Vice President and Chief Operating Officer, Executive shall have such duties, responsibilities and authority as are commensurate and consistent with his position and as are assigned to him by the Chief Executive Officer of the Company and the Board. Such duties include, without limitation, monitoring the day to day operation of the Company, establishing policies that promote company culture and vision, assisting the Company in formulating its future direction and supporting initiatives, and implementing strategic business plans. Executive shall devote his full business time and efforts to the performance of his duties hereunder, unless otherwise explicitly authorized by the Board. The services to be provided by Executive will be performed in Los Angeles, California. Notwithstanding the foregoing, the expenditure of reasonable amounts of time by Executive for the making of passive personal investments, the conduct of private business affairs and charitable activities shall be allowed, provided that such activities do not materially interfere with the services required to be rendered to the Company hereunder and do not violate the restrictive covenants set forth herein.