Employment and Stock Compensation Agreement for Rxxx Xxxxxxx Sample Clauses

Employment and Stock Compensation Agreement for Rxxx Xxxxxxx. PAIVIS and DPC President & CEO Rxxx Xxxxxxx shall at or before Closing negotiate and execute and an Employment and Stock Compensation Agreement for and with Rxxx Xxxxxxx. The Employment and Stock Compensation Agreement with Rxxx Xxxxxxx will be negotiated with mutually accepted terms including responsibilities and compensation comparable to those currently in effect for Rxxx Xxxxxxx and employment period of a minimum of five years and provision providing for any non compete provisions to be terminated if employment agreement with Rxxx Xxxxxxx is terminated by PAIVIS without cause.
Sample 1
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Related to Employment and Stock Compensation Agreement for Rxxx Xxxxxxx

  • 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.

  • Compensation; Employment Agreements 16 5.15 Noncompetition, Confidentiality and Nonsolicitation Agreements; Employee Policies...... 16 5.16

  • Employment and Consulting Agreements Xxxxxxx X. Xxxx and Xxxx X. Xxxxxx shall have executed and delivered employment agreements with BRI, and Xxxxxx Xxxx shall have executed and delivered a Consulting Agreement with BRI.

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

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

  • Termination of Consulting Agreement As of the Effective Date, the Consulting Agreement is hereby terminated and is of no further force or effect.

  • Prior Employment Agreement Effective as of the Agreement Date, this Agreement supersedes any prior employment agreement between the Employee and the Company.

  • Amendments to Employment Agreement Effective as of the date hereof, the Employment Agreement shall be amended as provided in this Section 1.

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

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