AMENDMENTS TO EMPLOYMENT CONTRACT Sample Clauses

AMENDMENTS TO EMPLOYMENT CONTRACT. To achieve the goals and objectives set out in the Recitals, which are incorporated into this Agreement as though more fully set forth in this Article, Synagro and Executive desire to amend the Employment Contract as follows: The first sentence of Paragraph "2. COMPENSATION" in the Employment Contract, shall be deleted and replaced with the following language:
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AMENDMENTS TO EMPLOYMENT CONTRACT. The parties hereby agree to amend "Article 3.0 - Other Agreement" of the First Amendment to read in its entirety as follows: "To achieve the goals and objectives set out in the Recitals, which are incorporated into this Agreement as though more fully set forth in this Article, Synagro and Executive agree that for so long as Executive remains employed by Synagro and for thirty-days thereafter, in the event that:
AMENDMENTS TO EMPLOYMENT CONTRACT. 1. The parties hereby agree to amend Section “1 Employment” in it’s entirety to read as follows: “During the Employment Period (as defined in Section 4 hereof), the Company shall employ Executive, and Executive shall serve, as Chief Executive Officer of the Company. Executive’s principal place of employment shall be at the Company’s principal corporate offices in Houston, Texas during the Employment Period.
AMENDMENTS TO EMPLOYMENT CONTRACT. 1) The introductory paragraph of the Employment Contract is deleted in its entirety and replaced in its entirety as set forth below: Western Union Financial Services XxxX, Xxxxxxxxxxxx 00, 0000 Xxxxxx, Xxxxxxx, hereinafter referred to as the “Company” and/or “Western Union”, is pleased to recognize your appointment to the position of President and Chief Executive Officer of The Western Union Company, effective 1 September 2010. Additionally you will continue to be a managing director (“Geschäftsführer”) of the Company. Effective 1 September 2010, your expatriate assignment to the United States will be governed by the terms of an Expatriate Letter Agreement with the Company and The Western Union Company (the “Expatriate Agreement”), as may be amended from time to time, a copy of which is attached as Exhibit 1 and which forms — during its term - part of this Agreement.
AMENDMENTS TO EMPLOYMENT CONTRACT. The parties hereby agree to amend the Employment Contract to provide that Executive may, in his sole discretion, terminate his employment any time between the dates of July 1, 2002 and February 1, 2003 and receive the severance payment provided for in section 6 (b) and the post termination medical benefit provided for in section 10 of the Employment Contract. Executive understands that if he elects to terminate his employment that he will be required to sign the release provided for in that section. In addition, if Executive terminates his employment between January 1, 2003 and February 1, 2003, Synagro shall pay him the full amount of the bonus that he has earned for the year 2002 in accordance with the Company bonus plan, that payment being equal to the bonuses of other certain members of executive management (General Counsel, Chief Development Officer, Chief Financial Officer), provided that the bonus to be paid to him and the other referenced executives is at least 80% of the maximum bonus for which they are eligible. The Bonus shall be payable to Executive at the same time as the bonuses are calculated and paid to other members of executive management. Except as stated above, Executive agrees that if he terminates his employment between July 1, 2002 and February 1, 2003 that the creation of the new position and the fact that Executive shall report to that position shall not constitute "Good Reason." Thus, absent other facts that are not currently present or known, Executive's termination will be treated as voluntary on his part.
AMENDMENTS TO EMPLOYMENT CONTRACT. Except in cases envisaged under the Law the Employer may offer the Employee a change of the contracted conditions of work (Annex to the Employment Contract) at the Employee’s written and argumented request. Apart from the mentioned and cases stipulated by the Law, the Employer may offer the Employee amendments to the contracted work conditions (Annex to the Employment Contract) also in cases when the Employee does not achieve work results or lacks knowledge and capabilities required for performing the job he/she is holding, or does not perform his/her work duties, or work discipline, if there are other jobs in the Company that the Employee could perform. Based on work results, i.e. knowledge and capabilities of the Employee, the Manager shall file a proposal for amending the contracted work conditions. CXO shall approve this proposal. The Employee may be offered to conclude an Annex to the Employment Contract under changed conditions only for justified reasons stated herein. Reasons fro concluding an Annex shall be, without fail, stated in the rationale sent to the Employee together with the offer to conclude an Annex to the Employment Contract. By concluding an Employment Contract under changed conditions the Employee cannot be place in a less favourable position as regards conditions stipulated in the Law and herein. Should the Employee refuse the offer to conclude an Annex to the Employment Contract, Telenor can cancel the Employee’s Employment Contract.

Related to AMENDMENTS TO EMPLOYMENT CONTRACT

  • Employment Contract The Company and Executive acknowledge that the terms of his employment are set forth in this Agreement. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, award or compensation other than as provided in this Agreement, or as may otherwise be available in accordance with the Company’s established written plans and written policies at the time of termination.

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

  • Duration of Agreement; Not Employment Contract This Agreement shall continue until and terminate upon the latest of: (i) ten (10) years after the date that Indemnitee shall have ceased to serve as director, officer, employee or agent of the Company or any other Enterprise, (ii) one (1) year after the date of final termination of any Proceeding, including any appeal, then pending in respect of which Indemnitee is granted rights of indemnification or advancement hereunder and of any proceeding, including any appeal, commenced by Indemnitee pursuant to Section 12 of this Agreement relating thereto or (iii) the expiration of all statutes of limitation applicable to possible Proceedings to which Indemnitee may be subject arising out of Indemnitee’s Corporate Status. The indemnification provided under this Agreement shall continue as to the Indemnitee even though he or she may have ceased to be a director or officer of the Company or of any of the Company’s direct or indirect subsidiaries or to have Corporate Status. This Agreement shall be binding upon the Company and its successors and assigns and shall inure to the benefit of Indemnitee and Indemnitee’s heirs, executors and administrators. The Company shall require and cause any successor, and any direct or indirect parent of any successor, whether direct or indirect by purchase, merger, consolidation or otherwise, to all, substantially all or a substantial part, of the business and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. This Agreement shall not be deemed an employment contract between the Company (or any of its subsidiaries or any other Enterprise) and Indemnitee. Indemnitee specifically acknowledges that Indemnitee’s employment with the Company (or any of its subsidiaries or any other Enterprise), if any, is at will, and Indemnitee may be discharged at any time for any reason, with or without cause, except as may be otherwise provided in any written employment contract between Indemnitee and the Company (or any of its subsidiaries or any other Enterprise), other applicable formal severance policies duly adopted by the Board, or, with respect to service as a director of the Company, by the Certificate of Incorporation, the Bylaws or the DGCL.

  • Compensation; Employment Agreements 18 5.15 Noncompetition, Confidentiality and Nonsolicitation Agreements; Employee Policies.................................................. 18 5.16

  • Compensation; Employment Agreements; Etc Enter into or amend or renew any employment, consulting, severance or similar agreements or arrangements with any of its directors, officers or employees or those of its subsidiaries or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (1) for normal individual increases in compensation to employees (other than executive officers or directors) in the ordinary course of business consistent with past practice, (2) for other changes that are required by applicable law and (3) to satisfy Previously Disclosed contractual obligations.

  • Amendments to Original Agreement The Original 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.

  • Not Employment Contract The Employee acknowledges that this Agreement does not constitute a contract of employment, does not imply that the Company will continue his/her employment for any period of time and does not change the at-will nature of his/her employment.

  • Employment Contracts Neither the Seller nor any Seller Subsidiary is a party to any Contracts for employment, severance, consulting or other similar agreements with any employees, consultants, officers or directors of the Seller or any of the Seller Subsidiaries, except as set forth on Section 2.10(h) of the Seller Disclosure Schedule. Neither the Seller nor any Seller Subsidiary is a party to any collective bargaining agreements.

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