Position; Location. During the Employment Period, the Executive shall serve as Chairman of the Board of Directors of the Company (the “Board”) and as the Company’s President and Chief Executive Officer, shall devote the Executive’s full business attention and time to the business and affairs of the Company and shall use the Executive’s best efforts to perform faithfully and efficiently such responsibilities. The Executive will report directly to the Board. During the Employment Period, the Executive’s services shall be performed in Berwyn, Pennsylvania, subject to reasonable business travel at the Company’s request.
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