Title and Duties. During the Employment Period, Executive shall serve as the Senior Vice President & General Manager – Engineered Components of the Company. As such, he shall have the normal duties, responsibilities and authority of such position, subject to the power of the Company’s and its Board of Directors, to expand or limit such duties, responsibilities and authority within the confines of the ordinary duties, responsibilities and authority of a Senior Vice President & General Manager – Engineered Components. At such time as Executive’s employment with the Company terminates, he will be deemed to have resigned from any positions with the Company Group (defined below) or any other affiliated entity, including any officer or director position.
Employment. The Company agrees to employ Executive, and Duties. DuringExecutive hereby desires to be employed by the Employment Period, Executive shallCompany to serve as the Senior Vice President & General Manager – Engineered Components ofComponents, upon the Company. As such,terms and conditions as set forth in this Agreement on an at-will basis, for the period beginning on (the “Effective Date”) unless and until his employment is terminated pursuant to [Section 4] hereof (such period, the “Employment Period”). Executive acknowledges that either he shall have the normal duties, responsibilities and authority of such position, subject to the power of the Company’s and its Board of Directors, to expand or limit such duties, responsibilities and authority within the confines of the ordinary duties, responsibilities and authority of a Senior Vice President & General Manager – Engineered Components. At such time as Executive’s employment with the Company terminates, he will be deemed to have resigned frommay terminate his employment at any positions with the Company Group (defined below) ortime for any other affiliated entity, including any officer or director position.reason.
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