Examples of Carmax Group in a sentence
The Company shall provide to the Executive all benefits, as commensurate with the position of Carmax Group President, but at a minimum not less than those provided by the Company to other senior executives subject to the eligibility requirements and other provisions of such arrangements.
During the term of this Agreement, the Executive agrees to serve as Carmax Group President of the Company.
In addition to his salary, the Executive shall be entitled to participate in the Company’s short-term incentive program, as such program may exist from time to time, with bonus opportunities equal to a minimum of 60% of Base Salary and commensurate with the position of Carmax Group President, as determined at the sole discretion of the Company’s Compensation Committee.
The Company hereby agrees to employ the Executive and the Executive hereby accepts employment as Carmax Group President of the Company, in accordance with the terms and conditions set forth herein, for an initial period of three (3) years, commencing as of the Effective Date of this Agreement, as indicated above; subject, however, to earlier termination as expressly provided herein.
In his capacity as Carmax Group President of the Company, the Executive shall report directly to the CEO and shall have the duties and responsibilities of Carmax Group President, and such other duties and responsibilities not inconsistent with the performance of his duties as Carmax Group President.
The Company shall provide to the Executive, at the Company’s cost, all perquisites, which are commensurate with the position of Carmax Group President but at a minimum not less than those provided by the Company to other senior executives.
Carmax Group 10,800 10,800 2,100 Cintas Corp., 81,900 81,900 4,500 Claire's Stores Inc.