Executive agrees to serve as President and Chief Executive Officer of the Company and to perform such duties in that office as may reasonably be assigned to him by the Company’s Board of Directors and such duties which are of the character as those generally associated with that office.  Executive shall devote substantially all his business time and efforts to the Company’s business and shall not engage in any other business activities without the prior consent of the Board of Directors, whether or not such business activity is pursued for profit, gain or other pecuniary advantage.  Executive may invest his assets in such form or manner as shall not require any services on his part in the operation of the affairs of the enterprises in which the investments are made.  Executive may use his discretion in fixing his hours and schedule of work consistent with the proper discharge of his duties.