The Company hereby engages Executive as Vice President and Secretary of the Company for the Term (as defined in Section 3.1 hereof), and Executive accepts such employment, on the terms and subject to the conditions set forth in this Agreement. During the Term, Executive will faithfully exercise such authority and perform such duties on behalf of the Company as are normally associated with his title and position as Vice President and Secretary and such other duties or positions as Executive and the Company will mutually determine from time to time, including service as the Executive Vice President and Chief Operating Officer of the Bank and for such other affiliates of the Company as shall be mutually determined. In the capacity defined in this Section 1.1 , Executive will report to the Chief Executive Officer of the Company.