Current Employment Agreement Sample Clauses

Current Employment Agreement. The Company and Employee heretofore entered into an employment agreement dated March 29, 2005, which was amended by an amendment dated December 17, 2007 (the “Current Employment Agreement”). The term of the Current Employment Agreement expires on the last day of the fiscal year of the Company ending on or about December 31, 2010. The Company and Employee hereby agree and affirm that the Current Employment Agreement shall be in full force and effect through February 23, 2010.
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Current Employment Agreement. Any shares or share related compensation which have not yet vested or any bonuses which have not yet been earned pursuant to a prior employment agreement or otherwise approved by the Board will not be affected to the detriment of the Executive by this Agreement. Any bonuses or payments or potential payments previously authorized for the Executive, including without limitation, those associated with Food Hatch and Company spinoffs shall remain in effect and be considered a bonus under this Agreement.
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Current Employment Agreement. The terms of this Agreement shall apply to the Executive’s Current Employment Agreement, with the exception of Base Salary, and any conflict between the two Agreements and any other conflict between any other agreements between the Company and the Executive, shall be resolved in favor of Executive. Any shares or share related compensation which have not yet vested or any bonuses which have not yet been earned will not be affected to the detriment of the Executive by this Agreement. Any bonuses in the Current Agreement associated with Food Hatch and Company Spinoffs shall be in effect and be considered a bonus under Section 3(b) of this Agreement.
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Current Employment Agreement. The Parties acknowledge and agree that they are parties to an employment agreement titled Executive Employment Agreement for Xxxx Xxxxxxxxxxx Xxxxxx dated October 29, 2007 (the "Employment Agreement"). The Parties further acknowledge and agree that the Employment Agreement superceded and cancelled an earlier employment agreement between Executive and Copperweld Bimetallics, LLC dated January 1, 2007. Finally, the Parties acknowledge and agree that the Employment Agreement is the only employment agreement in effect between them. The Parties agree that, except for Executive's post-employment covenants and obligations in the Employment Agreement, which shall continue in full force, this Agreement shall cancel and supercede the Employment Agreement and that such Employment Agreement, except for Executive's post-employment covenants and obligations contained in sections 14, 15, 16 and 17, shall have no further effect or force.
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Current Employment Agreement. XXX and Employee are parties to an Employment Agreement dated June 8, 2010, as subsequently amended pursuant to the First, Second, Third, Fourth and Fifth Amendments to Employment Agreement (collectively as amended, the “Prior Employment Agreement”).
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Current Employment Agreement. The Company currently employs the ---------------------------- Executive under the terms of an employment agreement dated December 1, 1990 (the "Current Agreement"). The Company and Executive agree that the Current Agreement shall stay in force and effect until such time that both (i) the Amended Employment Agreement is executed; and (ii) the Effective Date as defined herein has been triggered. Upon the completion of (i) and (ii) above, this Amended Employment Agreement shall become effective and the Current Agreement shall terminate. Notwithstanding the provisions of this paragraph 1.1, the Executive shall be entitled to the reimbursement of expenses as provided in Section 1.5 and 1.6 of this Amended Employment Agreement if the Effective Date does not occur prior to January 1, 1994.
Sample 1
Current Employment Agreement. Your current employment agreement, dated May 12, 2010 (the “Employment Agreement”), will remain in effect until February 29, 2012, except as otherwise modified herein, and upon such date will be terminated with no further obligation of the Bank or ACFC, except as otherwise set forth herein. You will retire from the Bank and ACFC on February 29, 2012. You agree that the cessation of your service as President and Chief Executive Officer of the Bank will not constitute an “Event of Termination” under Section 4 of the Employment Agreement. Any benefits following your retirement will be governed solely by this Agreement and the SERP as defined herein below.
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Related to Current Employment Agreement

  • Prior Employment Agreements The Executive represents that he/she has not executed any agreement with any previous employer which may impose restrictions on Executive’s employment with the Employer.

  • 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.

  • Not an Employment Agreement This Agreement is not an employment agreement, and no provision of this Agreement shall be construed or interpreted to create an employment relationship between you and the Company or any Affiliate or guarantee the right to remain employed by the Company or any Affiliate for any specified term.

  • Termination of Employment Agreement As of the Effective Date, the Employment Agreement hereby is terminated in its entirety and shall no longer have any force or effect.

  • Subsequent Employment Those teachers whose employment commences after the start of the school year shall pay a pro-rated amount equal to the percentage of the remaining school year.

  • 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.

  • Compensation; Employment Agreements; Etc Enter into or amend or renew any employment, consulting, severance or similar agreements or arrangements with any director, officer or employee of Metropolitan or its Subsidiaries, or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (i) for normal individual increases in compensation to employees in the ordinary course of business consistent with past practice, (ii) for other changes that are required by applicable law, and (iii) to satisfy Previously Disclosed contractual obligations existing as of the date hereof.

  • 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.

  • Permanent Employment (FULL - TIME & PART-TIME)

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