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| In this Agreement the following expressions shall have the following meanings: |
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| Board means the board of directors of Reuters Group PLC or a duly constituted committee of the board of directors; |
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| Employment means your employment in accordance with the terms and conditions of this Agreement; |
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| Group means the Company, any holding company of the Company and any subsidiary of the Company or of any such holding company (with holding company and subsidiary having the meanings given to them by section 736 of the Companies Act 1985). Group Company and Group Companies shall be construed accordingly; and |
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Remuneration Committee means the remuneration committee of the Board. |
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| 2. |
DURATION OF EMPLOYMENT |
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| 2.1 |
The Employment began on 17 February 2003 and will continue until terminated in accordance with Clause 11 below. |
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| 3. |
ROLE, POWERS AND DUTIES |
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| 3.1 |
You will serve the Company as Executive Director or in such other capacity of a like status as the Company may require. |
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3.2
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Subject to Clause 4, you will exercise such powers and perform such duties in relation to the business of the Company and the Group, being duties which are appropriate to your senior status, as may be assigned to you by the Chief Executive of the Company after taking into account the opinion of the Board. |
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| 3.3 |
During the Employment you will: |
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(a) |
devote substantially the whole of your working time, attention and abilities to carrying out those duties and , where appropriate, duties in any other Group Company in a proper, loyal and efficient manner; |
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