Employer hereby agrees to employ Employee, and Employee hereby agrees to serve Employer on a full-time basis as Vice President, Operational Excellence of the Employer, subject to the direction and control of the Chief Executive Officer of the Employer, through June 30, 2017 (the "Initial Term"). Thereafter the Agreement shall automatically renew for successive one (1) year terms commencing on July 1st of each year and end on June 30th of the next succeeding year (the "Renewal Term") unless otherwise terminated pursuant to Section 1(b) of this Agreement.
Employment Term. The Company shall employ Executive, and Executive hereby accepts such employment with the Company, upon the terms and conditions set forth in this Agreement, for the period commencing as of the Effective Date and continuing for two (2) years following the Effective Date (the “Initial Term”) unless extended or terminated as provided herein. This Agreement shall automatically renew at the end of Initial Term for an additional one (1) year period and, thereafter, for successive one (1) year periods (each a “Renewal Term”), unless written notice of nonrenewal is given by either party to this Agreement no less than 60 days prior to the Renewal Date (the Initial Term and each Renewal Term are referred to separately as the “Employment Period”). Additionally, the Employment Period # shall automatically terminate upon # Executive’s death, # the Board’s reasonable determination of Executive’s Disability, # may be terminated by the Company at any time for any or no reason by giving Executive written notice of such termination, or # may be terminated by the Executive with 60 days advance written notice to the Company. The date that the Employment Period terminates for any or no reason is referred to herein as the “Termination Date.”
The term of employment hereunder (the Term) shall commence on the date hereof (Employment Commencement Date) and shall continue for three years thereafter, unless earlier terminated in accordance with the terms of this Agreement. Notwithstanding any other termination provision of this agreement, the initial six months of the Term will be regarded as a probationary period (the Probationary Period). During the Probationary Period, either party may terminate this Agreement on a basis of no-fault. Should this occur, the Company will pay the Executive through the date of termination as provided under Section 3(a) below and all other benefits under this Agreement shall cease and the Executive shall not be entitled to any termination benefits including those provided for under Sections 4-6.
Employment Term. The Executive's term of employment by Titan under this Agreement will begin on the Effective Date and shall continue for a period of two (2) years, unless extended or terminated as provided herein (the “Employment Term”).
A Participant employed as a Fixed Term Employee (for example a Participant of the Workforce Share program) may be considered for an Award subject to the other terms and conditions of the Plan and in accordance with Applicable Laws, Policies, and Expectations,, procedures, and year-end guidance.
Refer to Country Appendix
Term of Employment. The term of Executive’s employment by the Company pursuant to this Agreement shall commence on June 1, 2022 (the “Effective Date”) and shall terminate in accordance with [Section 4] hereof (such term, the “Term”).
2.1Employment. The Employer hereby employs Executive and Executive accepts such employment as the President and Chief Executive Officer of the Companies reporting to the Board of Directors of the Company (the “Board”). In Executive’s capacity as President and Chief Executive Officer, Executive shall have such duties and responsibilities as are customarily assigned to individuals serving in such position. Executive shall devote Executive’s full business time and attention and all of Executive’s skill, knowledge and experience to the conscientious performance of Executive’s duties and responsibilities, provided, however, that Executive may serve as a member of the board of directors of Henry Schein, Inc. so long as it does not materially interfere with the performance of Executive’s duties to the Companies.
Term of Employment. Employment of CEO under this Agreement starts on the Effective Date and continues until the Expiration Date or the Termination Date, whichever is earlier. This Agreement continues until the payments under this Agreement have been made and the obligations have been discharged or fulfilled. CEO's employment will be annualized by fiscal year in which the CEO is employed (Current Period: year 2022; year 2023; year 2024; year 2025; and year 2026). For clarity: CEO's employment terminates on the Expiration Date or the Termination Date, whichever is earlier; the compensation provisions under [Section 3(a)] through [Section 3(f)] terminate when the compensation has been paid; [Section 5] continues until the payments under that section have been made which include payments under [Section 5(d)] continuing for 12 months after termination of CEO's employment with USPB for USPB Noncompetition Payments; [Section 6(a)] [Noncompetition Agreement] continues until 12 months after termination of CEO's employment with USPB; [Sections 6(b)] [Confidential Information] through [Section 6(e)] [Covenants], [Section 7] [Indemnification] and [Section 8] [Other Provisions] survive the Expiration Date or Termination Date.
Term of Employment. The term of this Agreement shall commence upon the Effective Date and shall continue for one (1) year (the Initial Term) from such date and shall automatically be extended for additional terms of one (1) year each (each a Renewal Term) unless either party gives prior written notice of non-renewal to the other party no later than six (6) months prior to the expiration of the Initial Term (Non-Renewal Notice), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the Term.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.