Example ContractsClausesEmployee Plan
Employee Plan
Employee Plan contract clause examples

Employee Bonus Plan. Any cash incentive compensation or other cash bonus plan or arrangement as may be established by the Board from time to time.

Employee Plan Compliance. The Company and each of its ERISA Affiliates has, performed all material obligations required to be performed by them under any Company Employee Plan, and each Company Employee Plan has been established and administered materially in accordance with its terms and in compliance with all applicable laws, including ERISA or the Code.

Employee Stock Purchase Plan. You will have the opportunity to enroll in the next offering that commences after your start date under the Company’s Employee Stock Purchase Plan (ESPP), which provides for the purchase of shares of ACADIA common stock through payroll deductions. The ESPP currently provides for twice-annual purchases at a discount of at least 15% to the market price, subject to certain limitations.

Employee Stock Purchase Plan. You will have the opportunity to enroll in the Company’s Employee Stock Purchase Plan (ESPP), which provides for the purchase of shares of ACADIA common stock through payroll deductions. The ESPP currently provides for twice-annual purchases at a discount of at least 15% to the market price, subject to certain limitations.

Employee Stock Purchase Plan. Accumulated payroll deductions you contributed for purposes of purchasing shares of Company common stock at the next purchase date under the Company’s Employee Stock Purchase Plan will be returned to you within 30 days following the Separation Date.

Employee Stock Ownership Plan. The Parties acknowledge the July 2019 board approval of an Employee Stock Ownership Plan (“ESOP”) company contribution (“ESOP Contribution”), with any amount above the IRS contribution limits being paid in cash to employees (“ESOP Contribution Payment”). The Parties agree that Blanchard will be eligible for and will be paid the ESOP Contribution and ESOP Contribution Payment pursuant to the board’s directive.

Employee Rights Under the Plan. No officer, Director, Employee or other person will have a right to be selected as a Participant nor, having been so selected, to be selected again as a Participant, and no officer, Director, Employee or other person will have any claim or right to be granted an Award under the Plan or under any other incentive or similar plan of the Company or any Affiliate. Neither the Plan nor any action taken under the Plan will be construed as giving any Employee, Director or other person, any right to Continuous Service.

Cooperation; Employee and Plan Information. Seller and Buyer each will, and each will cause its Affiliates as necessary to, cooperate # in carrying out the provisions of this [Section 6.04] (including working with third-party administrators and insurance carriers and making available to the other such records and other information as the other may reasonably request to facilitate the determination of the period of service and salary of any Hired Employee with Seller or an Affiliate) and # in the preparation, execution and filing of documents required by the transfer of assets and liabilities pursuant to this [Section 6.04].

Employee. Employee means a common-law employee of an Employer.

Employee. A full-time employee of the Company who is paid from the payroll department of the Company, who regularly works in the United States and for whom the Company withholds U.S. employment taxes (e.g., income tax, FICA) from the employee’s pay. Part-time employees, temporary employees, temporary agency employees, leased employees, non-payroll workers, W‑2 contractor employees and independent contractors of the Company are not “Employees” and are ineligible to participate in this Plan, regardless of how the relationship with the Company subsequently may be characterized.

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