Executive is hereby employed on the Effective Date as the Executive Chairman of the Board. In her capacity as Executive Chairman of the Board, Executive shall have the duties, responsibilities and authority commensurate with such position. During her employment with the Company, and excluding any periods of vacation or sick leave to which Executive is entitled, Executive agrees to (i) devote all of her business effort, time, energy, and skill to fulfill her employment duties; and (ii) faithfully, loyally and diligently perform such duties. During her employment with the Company, Executive shall not be engaged in or provide services to any other business or enterprise (whether engaged in for profit or not) which interferes with her obligations to the Company. In her capacity as the Executive Chairman of the Board, Executive will report directly to the Board. Notwithstanding anything in this Agreement to the contrary, Executive’s management role with respect to MGS Foundation or Port Kinsale Marina LLC and/or ownership thereof shall not be a violation of this Section 2.