Employment Compensation and Benefits. During the Term of this Agreement, Executive shall receive the benefits set forth in Exhibit A, attached hereto and incorporated by reference herein.
Employment Compensation and Benefits. During the period of this Agreement, Employer agrees to employ Executive in the capacity, to pay the remuneration, and to provide the benefits, described below.
Employment Compensation and Benefits. 1.1 Employer hereby provides to Executive, in consideration for Executive's covenants contained herein, employment, compensation and benefits as outlined in the letter attached and incorporated by reference herein ("Letter"), and Executive hereby accepts such employment, compensation and benefits, upon the terms and conditions hereinafter set forth.
1.2 Executive's salary shall remain as described in the Letter until such time a change is determined by the Company's chief executive officer ("CEO") in his sole discretion. Executive's monthly salary (as may be increased from time to time) is referred to herein as "Base Compensation."
1.3 Executive shall perform such duties as may be assigned from time to time by Employer, shall devote full time, attention, and energies to the business of Employer, and shall faithfully perform his duties in accordance with the direction of Employer. Executive also agrees to adhere to all policies of the Employer.
1.4 Executive shall be entitled to participate in all group life insurance, medical, and other benefit plans, except as provided herein, established by Employer in accordance with the applicable terms and conditions of such plans.
1.5 Executive shall be entitled to an annual vacation of four weeks, and holidays and sick leave as set forth in Employer's policy manual.
1.6 In addition to the annual salary described in the Letter and Section 1.2 above, Executive shall be entitled to such annual bonus or incentive compensation of the Employer as set forth in the Letter, and as may be approved from time to time by the CEO in his sole discretion. Such additional compensation is referred to herein as "Incentive Compensation."
1.7 This Agreement shall remain in full force and effect until Executive's change to a non-Executive level position or upon Termination of Employment and those post-employment obligations described in Sections 4.0 and 5.0 shall continue in full force and effect thereafter.
Employment Compensation and Benefits. During the Term, the Company agrees to employ Executive and to provide or cause one of its subsidiaries to provide the remuneration and benefits described below.
Employment Compensation and Benefits. 1.01 The Company hereby employs Executive as a full-time employee on the terms and conditions of this Agreement, and Executive hereby accepts such employment. Executive’s employment pursuant to this Agreement shall continue for a term ending on October 6, 2012 (the “Termination Date”). The term of the Executive’s employment shall automatically be extended for successive one year periods unless the Company or Executive elects not to extend employment by giving written notice to the other not less than sixty (60) days prior to the Termination Date or the end of any extension periods. If Executive’s employment continues beyond the Termination Date after either party has given notice not to extend for an additional year, such employment shall continue on an at-will basis under the remaining terms and conditions of this Agreement, and bonus or incentive compensation payable to Executive, if any, shall be only as fixed by the Company’s Compensation Committee. Executive’s base compensation under this Agreement shall continue at Executive’s current monthly base compensation rate for each month worked and prorated for any partial month during which employment continues.
1.02 Executive shall generally have the authority, responsibilities, travel obligations, and such other duties as are customarily performed by a chief operating officer of similar businesses, and shall also render such additional services and duties as may be reasonably requested of him from time to time by the Company’s Chief Executive Officer or Board of Directors.
1.03 Executive shall report to the Chief Executive Officer of the Company and the Board of Directors of the Company or any committee thereof as the Board shall direct, and shall generally be subject to direction, orders and advice of said officer and the Board. The Company retains the discretion to transfer or reassign Executive to another executive position or to other executive duties, and any such transfer or reassignment shall not constitute a breach of this Agreement.
1.04 Executive agrees that he will at all times faithfully, industriously, and to the best of his ability, experience, and talents, perform all of the duties that may be required of and from him pursuant to the express and implicit terms of this Agreement, to the reasonable satisfaction of the Company.
1.05 During the initial term of employment hereunder, Executive shall be paid a base salary at Executive’s current annual rate (“Base Salary”), payable in accordance wi...
Employment Compensation and Benefits. During the period of this Agreement, Xxxxxx US agrees to employ Executive in the capacity, to pay the remuneration, and to provide the benefits, described below.
Employment Compensation and Benefits. 15
7.1 Full Experience Credit
7.2 Compensation – Salary Schedule 7.3 Supplemental Assignments
Employment Compensation and Benefits. Employer will pay Employee such compensation and benefits as are set forth in the offer letter attached as Exhibit A (the “Offer Letter”). Such compensation and benefits may, subject to the restrictions set forth in the Offer Letter, be changed by Employer pursuant to its normal compensation and benefit review procedures or from time to time.
Employment Compensation and Benefits. Your employment with ESI or any other Entergy System Company employer (“Employer”) shall be at will, and as an employee of an Entergy System Company, you agree to comply with all applicable policies and procedures of the Entergy System as in effect and as may be amended from time to time. As CNO, your primary work location is anticipated to be Jackson, Mississippi. Your compensation, benefits and incentive package will be as follows, subject to required approvals:
Employment Compensation and Benefits. During the Term (as defined in Section 2 below), Xxxxxx agrees to employ Executive and to provide or cause one of its subsidiaries to provide the remuneration and benefits described below.
