This excerpt taken from the PRVT 8-K filed Mar 6, 2009.
1. Employment and Duties.
1.1. Employment; Duties. During the Term (as such quoted term is defined in Section 3 of this Agreement), the Company shall employ Employee, and Employee hereby accepts such employment, as the Executive Vice President of the consolidated Internet and Internet-related business conducted by Private and its subsidiaries (the Private Group) (the Internet and Internet-related business conducted by the Private Group from time to time, including the business of the Company and e-Line, is referred to as the Online Media Business), and shall report to the Chief Operating Officer of the Private Group. Employee shall have such titles, responsibilities and duties, consistent with his position and expertise, as may from time to time be prescribed by the Company and the Private Group, including without limitation those set forth in Exhibit A to this Agreement.
1.2 Full Time. Employee shall devote all of his business time, energy, and skill to the business and affairs of the Private Groups Online Media Business. Employee acknowledges and agrees that he shall observe and comply with all of the reasonable policies as prescribed from time to time by the Private Group. Nothing in this Section 1, however, shall prohibit Employee from (i) serving as a director, trustee, officer of, or partner or investor in, any other firm, trust, corporation or partnership; provided that such activities are not inconsistent with Employees duties under this Agreement; or (ii) engaging in additional activities in connection with personal investments and community affairs that are not inconsistent with Employees duties under this Agreement.