Common use of Background of Agreement Clause in Contracts

Background of Agreement. The Company desires to employ Executive as its Executive Vice President and Chief Information Officer, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (DE Acquisition 2, Inc.)

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Background of Agreement. The Company desires to continue to employ Executive as its Executive Vice President and Chief Information OfficerSecretary, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Wireless Ronin Technologies Inc)

Background of Agreement. The Company desires to continue to employ Executive as its Executive Vice President and Chief Information Financial Officer, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Wireless Ronin Technologies Inc)

Background of Agreement. The Company desires to employ Executive as its Executive Vice President and Chief Information Financial Officer, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Wireless Ronin Technologies Inc)

Background of Agreement. The Company desires to employ Executive as its Executive Vice President and Chief Information Executive Officer, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (DE Acquisition 2, Inc.)

Background of Agreement. The Company desires to employ Executive as its Executive Vice President and Chief Information Executive Officer, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Wireless Ronin Technologies Inc)

Background of Agreement. The Company desires to employ Executive as its Executive Vice President and Chief Information OfficerCIO, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Cachet Financial Solutions, Inc.)

Background of Agreement. The Company desires to continue to employ Executive as its Executive Senior Vice President Sales and Chief Information OfficerMarketing, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Wireless Ronin Technologies Inc)

Background of Agreement. The Company desires to continue to employ Executive as its Chief Executive Vice President and Chief Information Officer, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Wireless Ronin Technologies Inc)

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Background of Agreement. The Company desires to continue to employ Executive as its Executive Senior Vice President and Chief Information Officerof Operations, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Wireless Ronin Technologies Inc)

Background of Agreement. The Company desires to employ Executive as its Executive Vice President and Chief Information OfficerExecutive, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Wireless Ronin Technologies Inc)

Background of Agreement. The Company desires to employ Executive as its Executive Vice President and Chief Information Financial Officer, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Cachet Financial Solutions, Inc.)

Background of Agreement. The Company desires to employ Executive as its Executive Vice President and Chief Information Financial Officer, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Cachet Financial Solutions, Inc.)

Background of Agreement. The Company desires to continue to employ Executive as its Executive Vice President and Chief Information Technology Officer, and Executive desires to accept such employment. · This Agreement provides, among other things, for base compensation for Executive, a term of employment and severance payments in the event Executive is terminated without Cause or by reason of a Change of Control of the Company. In consideration of the foregoing, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Wireless Ronin Technologies Inc)

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