During the Employment Period, the Company agrees to employ Executive in the position of Chief Operating Officer, Chief Financial Officer and Treasurer. Executive will report solely to the Company’s Chief Executive Officer (“CEO”) (your “Supervisor”), and Executive will be working out of the Company’s office in New York City, New York. Executive will perform the duties and have the responsibilities and authority customarily performed and held by an employee in Executive’s position together with such other duties and responsibilities consistent with your position, as reasonably assigned to you from time to time by the CEO or Board of Directors of the Company (“Board”). Executive shall be the senior-most financial executive and under no circumstance will the Company, absent a legitimate business need and for a short-term engagement, hire any finance employee that does not report to Executive. All finance employees will, absent a legitimate business need, be hired only with the express approval of Executive or a member of Executive’s staff as delegated by Executive.