CompUSA 2011 Annual Report Download - page 80

Download and view the complete annual report

Please find page 80 of the 2011 CompUSA annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 125

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125

2.4
No employment with a previous employer will count towards the period of continuous employment that the Employee has with the
Company.
2.5
The Employee consents to the transfer of his employment under this agreement to an Associated Employer at any time during the
Appointment.
3
Employee warranties
3.1
The Employee represents and warrants to the Company that, by entering into this agreement or performing any of his obligations
under it, he will not be in breach of any court order or any express or implied terms of any contract or other obligation binding on
him.
3.2
The Employee warrants that he is entitled to work in the United Kingdom without any additional approvals and will notify the
Company immediately if he ceases to be so entitled during the Appointment.
3.3
The Employee warrants that he is not subject to any restrictions which prevent him from holding office as a director, or working for
the Company.
4
Duties
4.1
The Employee shall serve the Company or Group Company as Chief Executive of the Systemax Europe Technology Group, or such
other role as the Company or Group Company considers appropriate. The Employee shall report to the Chairman & CEO of
Systemax Inc., which is the ultimate parent company of the Company. The Employee's direct reports shall initially be the General
Managers of each of the companies comprising the Systemax Europe Technology Group and the Systemax Pan European Marketing
Team and his indirect reports shall initially be the Controller for the Systemax Europe Technology Group and the Finance Teams for
each of the companies comprising the Systemax Europe Technology Group.
4.2
During the Appointment the Employee shall:
4.2.1
act as a director of the Company and carry out duties on behalf of any other Group Company including, if so required
by the Board, acting as an officer or consultant of any such Group Company;
4.2.2
comply with the articles of association (as amended from time to time) of any Group Company of which he is a
director;
4.2.3 abide by any statutory, fiduciary or common-
law duties to the Company or any Group Company of which he is a
director;
4.2.4
not do anything that would cause him to be disqualified from acting as a director;
4.2.5
comply with the anti
-
corruption and bribery policy and related procedures of the Company;
4.2.6
unless prevented by Incapacity, devote the whole of his time, attention and abilities to the business of the Company and
any Group Company of which he is an officer or consultant;
4.2.7
faithfully and diligently exercise such powers and perform such duties as may from time to time be assigned to him by
the Company or group Company together with such person or persons as the Company or Group Company may
appoint to act jointly with him;