Executive shall perform such duties and responsibilities as are consistent with a senior executive of the Company and those duties as may be assigned to Executive by the Chief Executive Officer from time to time. During the Employment Term, Executive shall hold the position of Senior Vice President, Chief Legal Officer, Chief Compliance Officer, and Corporate Secretary – and shall report to the Company’s Chief Executive Officer. The Employment Term shall be extended automatically for successive one-year periods unless, at least 60 days prior to expiration of the Employment Term, either party gives written notice to the other party that it does not wish to renew the Agreement (such one-year extension(s) and the Initial Employment Term to be, collectively, the “ Employment Term ”).ġ.2 Position and Duties. Executive’s employment under this Agreement shall commence on the Start Date and continue until the second annual anniversary of such date, unless terminated earlier pursuant to Article III herein (the “ Initial Employment Term ” ). This EMPLOYMENT AGREEMENT (the “ Agreement ”) is made as of this _ day of February 2021 (the “ Agreement Date ”), to be effective the 7 th day of December, 2020 (the “Start Date”), by and between Great Lakes Dredge & Dock Corporation (the “ Corporation ”), with and on behalf of its wholly owned subsidiaries (together, the “ Company ”), and Vivienne Schiffer (“ Executive ”).ġ.1 Term of Employment.
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