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ALL » Topics » 2.1 Position and Duties .

These excerpts taken from the ALL 10-K filed Feb 27, 2008.

2.1             Position and Duties.

(a)           During the Post-Change Period, (x) Executive’s position (including offices, titles, reporting requirements and responsibilities), authority and duties shall be at least commensurate in all material respects with the most significant of those held, exercised and assigned at any time during the 90-day period immediately before the Effective Date and (y) Executive’s services shall be performed at the location where Executive was employed immediately before the Effective Date or any other location which does not constitute a material geographic change from the former location.

(b)           During the Post-Change Period (except during any periods of vacation to which Executive is entitled and any authorized sick, disability or other leave of absence), Executive shall devote Executive’s full attention and time to the business and affairs of the Company and, to the extent necessary to discharge the duties assigned to Executive in accordance with this Agreement, to use Executive’s best efforts to perform such duties.  During the Post-Change Period, Executive may (i) serve on corporate, civic or charitable boards or committees, (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions and (iii) manage personal investments, so long as such activities are consistent with the Policies of the Company at the Effective Date and do not significantly interfere with the performance of Executive’s duties under this Agreement.  To the extent that any such activities have been conducted by Executive immediately prior to the Effective Date and were consistent with the Policies of the Company at the Effective Date, the continued conduct of such activities (or activities similar in nature and scope) after the Effective Date shall not be deemed to interfere with the performance of Executive’s duties under this Agreement.

 

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2.1             Position and Duties.



(a)           During the Post-Change Period, (x)
Executive’s position (including offices, titles, reporting requirements and
responsibilities), authority and duties shall be at least commensurate in all
material respects with the most significant of those held, exercised and
assigned at any time during the 90-day period immediately before the Effective
Date and (y) Executive’s services shall be performed at the location where
Executive was employed immediately before the Effective Date or any other
location which does not constitute a material geographic change from the former
location.



(b)           During the Post-Change Period (except
during any periods of vacation to which Executive is entitled and any
authorized sick, disability or other leave of absence), Executive shall devote
Executive’s full attention and time to the business and affairs of the Company
and, to the extent necessary to discharge the duties assigned to Executive in
accordance with this Agreement, to use Executive’s best efforts to perform such
duties.  During the Post-Change Period,
Executive may (i) serve on corporate, civic or charitable boards or
committees, (ii) deliver lectures, fulfill speaking engagements or teach
at educational institutions and (iii) manage personal investments, so long
as such activities are consistent with the Policies of the Company at the
Effective Date and do not significantly interfere with the performance of
Executive’s duties under this Agreement. 
To the extent that any such activities have been conducted by Executive
immediately prior to the Effective Date and were consistent with the Policies
of the Company at the Effective Date, the continued conduct of such activities
(or activities similar in nature and scope) after the Effective Date shall not
be deemed to interfere with the performance of Executive’s duties under this
Agreement.



 



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EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 27, 2008

RELATED TOPICS for ALL:

"2.1 Position and Duties ." elsewhere:

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