Agreement of Employment. Effective as of the Effective Date, the Company agrees to, and hereby does, employ Executive, and Executive agrees to, and hereby does, accept continued employment by the Company, in a full-time capacity as [ ] pursuant to the provisions of this Agreement and of the bylaws of the Company, and subject to the control of the individual or individuals to whom Executive reports and the Board of Directors (the “Board”).
Agreement of Employment. During the term of employment provided for in this Agreement, the Company agrees to employ the Executive, and the Executive agrees to accept employment and to serve the Company, as Executive Vice President, Director Retail Banking, all upon the terms and conditions hereinafter set forth.
Agreement of Employment. Employer hereby agrees to continue to employ the Employee and Employee hereby agrees to remain employed by Employer for the term, and upon and subject to the terms and conditions hereafter set forth.
Agreement of Employment. The Executive's future employment with the Employer shall be subject to the terms and conditions of this Agreement. Various capitalized terms are defined either where they first appear in this Agreement or in Section 9.
Agreement of Employment. IDEX agrees to, and hereby does, employ the Executive, and the Executive agrees to, and hereby does accept, employment by IDEX, or one of its subsidiaries, as the case may be (hereafter in the aggregate, the "Corporation"), as an executive of the Corporation, subject to the provisions of the by-laws of the Corporation in respect of the duties and responsibilities assigned from time to time by the Chief Executive Officer of the Corporation and subject also at all times to the control of the Board of Directors of the Corporation. The Corporation shall not require the Executive to perform services hereunder away from the Chicago, Illinois area of such frequency and duration as would necessitate, in the reasonable judgment of the Executive, the Executive moving his residence from the Chicago, Illinois area. Following an Acquisition (as hereinafter defined), the Corporation shall not, in the reasonable judgment of the Executive, (a) significantly reduce the scope of the duties of the Executive hereunder or (b) significantly reduce the total potential compensation of the Executive hereunder. If the Executive determines in accordance with the preceding sentences that (a) the services required by the Corporation necessitate that the Executive move his residence from the Chicago, Illinois area, (b) the duties of the Executive hereunder have been significantly reduced or (c) the total potential compensation of the Executive hereunder has been significantly reduced, the Executive, in his sole discretion, may deem that the Corporation has terminated his services and shall so notify the Corporation in writing, in which case the Corporation shall be deemed to have terminated the services of the Executive for all purposes of this Agreement as of the date specified by the Executive in his notice to the Corporation.
Agreement of Employment. The Company agrees to, and hereby does, employ the Executive, and the Executive agrees to, and hereby does accept, employment by the Company, in a full-time capacity as Chief Executive Officer, pursuant to the provisions of this Agreement and of the bylaws of the Company and subject to the control of the Board of Directors. It is understood that the Executive's position as Chief Executive Officer is subject to his yearly re-election as Chief Executive Officer by the Board. See paragraph 6 herein for Executive's rights if such re-election does not occur during the term of this Agreement.
Agreement of Employment. Effective as of the Effective Date, the Company agrees to, and hereby does, employ Executive, and Executive agrees to, and hereby does accept, continued employment by the Company, in a full-time capacity as Chief Executive Officer and President pursuant to the provisions of this Agreement and of the bylaws of the Company, and subject to the control of the Board of Directors (the “Board”). It is understood that Executive’s positions as Chief Executive Officer and President are subject to his yearly re-election to these positions by the Board. During the Employment Term, for so long as Executive remains Chief Executive Officer and President of the Company, the Company shall use its best efforts to cause the Board to appoint Executive as a member of the Board or cause Executive to be nominated for election to the Board by the shareholders of the Company, if applicable. (See Section 8 herein for Executive’s rights if such re-election as Chief Executive Officer and President or appointment or election as a member of the Board does not occur during the term of this Agreement).
Agreement of Employment. Company agrees to continue ----------------------- Employee's Employment (as hereinafter defined) and Employee agrees to remain in Employment with Company, from the date of this Agreement until the date Employee's Employment terminates pursuant to this Agreement. Prior to commencement of Employee's Employment, Employee shall enter into Company's standard Proprietary Information and Inventions Agreement. This Agreement is made of even date with and as a condition to that certain Asset Purchase Agreement ("Asset Purchase Agreement") by and between Company, TA Acquisition Corporation, TeamAlliance Technology Partners, L.P., Team Alliance Technology Partners, Inc., Team Visions, Inc., certain limited liability companies, Xxxxxxxx Xxxxxx, Xxxxxxxxx Xxxx and Employee. This Agreement shall terminate upon the earlier of (i) the satisfaction of all of the obligations hereunder or (ii) December 2, 2000.
Agreement of Employment. The Company agrees to employ the Executive, and the Executive agrees to accept such employment, subject to the terms and conditions set forth below.
Agreement of Employment. (a) Except as otherwise expressly set forth herein, the terms of the Original Employment Agreement between the Company and Executive as Chairman and Chief Executive Officer shall continue in full force and effect in accordance with the original terms thereof until the 2010 AGM Date. As of the 2010 AGM Date, the Original Employment Agreement automatically shall be amended and restated on a prospective basis as set forth or incorporated by reference herein. As of the 2010 AGM Date, Executive hereby agrees to resign as Chief Executive Officer, which resignation shall not constitute a breach of the Original Employment Agreement or termination of employment of the Executive under the Original Employment Agreement, as amended by this Amendment No. 4. Subject to earlier termination in accordance with the Original Employment Agreement, during the period commencing on the 2010 AGM Date and ending on the Expiration Date (the “Extended Term”), the Executive shall serve as the Chairman, subject to the terms hereof. As Chairman, during the Extended Term, Executive will have such duties as are customarily assigned to such position, including presiding at all meetings of the Company’s stockholders and of the Board of Directors, and shall continue to represent the Company on the National Association of Chain Drug Stores Board of Directors and Executive Committee and have such other duties appropriate to the office of chairman as may be from time to time assigned by the Company’s Board of Directors or requested by the Chief Executive Officer. In her capacity as Chairman, Executive shall report to the Board of Directors and shall have no direct reports.
(b) During the Extended Term, and excluding any periods of vacation and sick leave to which Executive is entitled, the Executive shall devote such attention and time during normal business hours as she believes in good faith shall be reasonably necessary to carry out her duties as Chairman, provided in no event shall Executive’s duties (or her travel on Company business) be inconsistent with her personal and other business activities from time-to-time. Without limiting the generality of the foregoing, the Executive may serve on corporate, industry, civic or charitable boards and committees, may engage or be interested in any other business or businesses (except as expressly restricted by Section 8 of the Original Employment Agreement as incorporated herein) and shall be permitted to make and manage her personal investments. ...
