2003 Employment Agreement Sample Clauses

2003 Employment Agreement. The Corporation and the Executive agree that the 2003 Employment Agreement is terminated and of no further force or effect as of this Effective Date. The Executive confirms that he has received all of the payments, benefits, perquisites, allowances and entitlements due or payable to him pursuant to the 2003 Employment Agreement and that the Corporation has no further obligations to the Executive in this regard, including any payments, benefits perquisites, allowances or entitlements which would have arisen in connection with the termination of the 2003 Employment Agreement.
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2003 Employment Agreement. 1.1 The parties have agreed in a separate written document dated September 20, 2004, as to the remaining amounts for the period of May 16, 2003 through August 13, 2004 to be paid to the Employee in respect of the final statement of account in the framework of the termination of the employment agreement on 13 August 2004. For reference purposes herein, this separate agreement shall be referred to as the “August 13, 2004 Agreement”.
2003 Employment Agreement. Except with respect to stock options awarded pursuant to the 2003 Employment Agreement (and previous employment agreements that remain outstanding), this Agreement supersedes and replaces the 2003 Employment Agreement and as of the date hereof, the 2003 Employment Agreement shall terminate and have no further force or effect.

Related to 2003 Employment Agreement

  • Amendment of Employment Agreement The Employment Agreement is hereby amended as follows:

  • Post-Agreement Employment In the event the Executive remains in the employ of the Company or any of its Affiliates following termination of this Agreement, by the expiration of the Term or otherwise, then such employment shall be at will.

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Prior Employment Agreement Effective as of the Agreement Date, this Agreement supersedes any prior employment agreement between the Employee and the Company.

  • of the Employment Agreement Section 4.4.3 of the Employment Agreement is hereby amended and restated in its entirety to read as follows:

  • No Employment Agreement Nothing in this agreement shall give the Executive any rights to (or impose any obligations for) continued employment by the Company or any Affiliate or subsidiary thereof or successor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Executive.

  • Termination of Employment Agreements Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated.

  • Effect of Employment Agreement Notwithstanding any provision herein to the contrary, in the event of any inconsistency between this Section 6 and any employment agreement entered into by and between you and the Company, the terms of the employment agreement shall control.

  • Employment Agreements Each of the persons listed on Schedule 9.12 shall have been afforded the opportunity to enter into an employment agreement substantially in the form of Annex VIII hereto.

  • Employment Agreement On the terms and conditions set forth in this Agreement, the Company agrees to employ the Executive and the Executive agrees to be employed by the Company for the Employment Period set forth in Section 2 hereof and in the position and with the duties set forth in Section 3 hereof. Terms used herein with initial capitalization are defined in Section 10.12 below.

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