Common use of Employing Subsidiary Clause in Contracts

Employing Subsidiary. Executive may serve as an executive officer of Pier 1 Imports, Inc. and will serve as an executive officer and employee of the Company’s wholly owned subsidiary, Pier 1 Services Company, a Delaware statutory trust (“Pier 1 Services”). All payments of cash compensation to Executive in connection with his employment and any other cash payments called for under this Agreement or owing to Executive in connection with his employment will be paid by Pier 1 Services.

Appears in 2 contracts

Samples: Executive Severance Agreement (Pier 1 Imports Inc/De), Executive Severance Agreement (Pier 1 Imports Inc/De)

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Employing Subsidiary. Executive may will serve as an executive officer of Pier 1 Imports, Inc. and will serve the Company as an executive officer and employee of the Company’s wholly owned subsidiary, Pier 1 Services Company, a Delaware statutory trust (“Pier 1 Services”). All payments of cash compensation to Executive in connection with his Executive’s employment and any other cash payments called for under this Agreement or owing to Executive in connection with his Executive’s employment will be paid by Pier 1 Services.

Appears in 2 contracts

Samples: Executive Agreement (Pier 1 Imports Inc/De), Executive Agreement (Pier 1 Imports Inc/De)

Employing Subsidiary. Executive may serve as an executive officer of Pier 1 Imports, Inc. and will serve as an executive officer and employee of the Company’s wholly owned subsidiary, Pier 1 Services Company, a Delaware statutory trust (“Pier 1 Services”). All payments of cash compensation to Executive in connection with his Executive’s employment and any other cash payments called for under this Agreement or owing to Executive in connection with his Executive’s employment will be paid by Pier 1 Services.

Appears in 2 contracts

Samples: Executive Agreement (Pier 1 Imports Inc/De), Executive Agreement (Pier 1 Imports Inc/De)

Employing Subsidiary. Executive may serve as an executive officer of Pier 1 Imports, Inc. and will serve as an executive officer and employee of the Company’s wholly owned subsidiary, Pier 1 Services Company, a Delaware statutory trust (“Pier 1 Services”). All payments of cash compensation to Executive in connection with his her employment and any other cash payments called for under this Agreement or owing to Executive in connection with his her employment will be paid by Pier 1 Services.

Appears in 1 contract

Samples: Executive Severance Agreement (Pier 1 Imports Inc/De)

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Employing Subsidiary. Executive may will serve as an executive officer of Pier 1 Imports, Inc. the Company and will serve as an executive officer and employee of the Company’s wholly owned subsidiary, Pier 1 Services Company, a Delaware statutory trust (“Pier 1 Services”). All payments of cash compensation to Executive in connection with his employment and any other cash payments called for under this Agreement or owing to Executive in connection with his employment will be paid by Pier 1 Services.

Appears in 1 contract

Samples: Executive Severance Agreement (Pier 1 Imports Inc/De)

Employing Subsidiary. Executive may serve as an executive officer of Pier 1 Imports, Inc. and will serve as an executive officer and employee of the Company’s wholly owned subsidiary, Pier 1 Services Company, a Delaware statutory trust (“Pier 1 Services”). All payments of cash compensation to Executive in connection with his his/her employment and any other cash payments called for under this Agreement or owing to Executive in connection with his his/her employment will be paid by Pier 1 Services.

Appears in 1 contract

Samples: Executive Agreement (Pier 1 Imports Inc/De)

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