Employment During the Transition Period Sample Clauses

Employment During the Transition Period. Subject to the terms and conditions of this Agreement, Regis agrees to continue your employment with Regis, and you hereby accept such continued employment by Regis, for the period (the “Transition Period”) commencing on the date you sign this Agreement and Exhibit A to this Agreement (the “First Release”) (the “Effective Date”) and continuing until the earlier of (a) February 28, 2014 (the “Anticipated Separation Date”), or (b) the date on which your employment is earlier terminated under Section 5 of the Employment Agreement; provided, however, that Regis agrees that it will not terminate your employment without Cause before February 28, 2014. The effective date of the termination of your employment with Regis for any reason is referred to herein as the “Separation Date.”
Sample 1
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Employment During the Transition Period. Employee and Company agree that, subject to Section 2(c), for the period between the Effective Date and the Separation Date (the “Transition Period”), Employee shall continue in the employment of the Company, with the duties and obligations of Chief Financial Officer or as otherwise mutually agreed upon by the Parties in writing. After the Separation Date and subject to Section 5(d), Company agrees that any consulting services or employment services requested by the Company or any of its subsidiaries from Employee will be subject to a separate consulting or employment services agreement; provided, however, that if the Company or its subsidiaries request Employee’s consulting or employment services after the Separation Date, such negotiation will not in any way delay the Severance Benefit (as such term is defined below) due Employee under the terms of this Agreement. Further, should Employee agree to a consulting or employment services agreement with the Company or any of its subsidiaries, such consulting or employment services agreement will not be considered a violation of any restrictive covenants nor would such an agreement or the rendering of such services be considered a breach of Sections 8, 9 and/or 10 of the Employment Agreement.
Sample 1
Employment During the Transition Period. Executive shall remain employed by the Company as an employee at-will serving in the role of Chief Financial Officer until the Effective Date. Provided Executive is not terminated for Cause (as hereinafter defined) prior to the Effective Date, effective as of the Effective Date, (1) Executive hereby resigns as the Chief Financial Officer of the Company and all other offices, directorships or equivalent positions held at the Company and its subsidiaries and (2) Executive shall remain employed by the Company as an employee at-will on a part-time basis serving in the non-executive officer role of Advisor on the terms contained herein through the earlier of October 31, 2024 and the actual date of Executive’s termination of employment (such period, the “Transition Period” and such earlier date, the “Employment Termination Date”). During the Transition Period, (i) Executive will cooperate with the Company in accomplishing a smooth and orderly transition of Executive’s prior responsibilities as Chief Financial Officer to other employees of the Company, particularly including pending matters of which Executive has the principal knowledge and background information, (ii) Executive will report to the Company’s Chief Executive Officer and (iii) the parties expect Executive will work approximately 15 - 20 hours per month from the Company’s headquarters in Mill Valley, California. As an employee of the Company, during the Transition Period, Executive shall remain subject to Company policies, including, but not limited to, the Company’s Code of Business Conduct and Ethics and the Company’s Xxxxxxx Xxxxxxx Policy.
Sample 1
Employment During the Transition Period. If you: (1) countersign this Transition Letter and return the countersigned Transition Letter to Electromed by June 13, 2023, and (2) you comply with all additional terms and conditions set forth in this Transition Letter, then Electromed agrees to continue your employment, and you accept continued employment with Electromed, for the period (the “Transition Period”) commencing as of today (the “Effective Date”) and continuing through June 23, 2023 (the “Separation Date”). If you do not sign and return the countersigned Transition Letter by 12:00 p.m. Central Time on June 13, 2023, then Electromed will terminate your employment effective June 13, 2023. During the Transition Period, you will continue to be employed by Electromed as its Chief Commercial Officer, with your duties, authority and responsibilities limited to you: (a) providing such transition duties as may be requested by me or my designee(s), (b) reasonably cooperating with Electromed with respect to the transition of your duties related to your separation from employment with Electromed, (c) following all applicable written policies and procedures adopted by Electromed, including without limitation policies related to business ethics, conflict of interest, confidentiality and protection of trade secrets, and (d) not engaging in any activity during the Transition Period that violates the Non-Competition and Non-Solicitation Agreement entered into by and between you and Electromed effective as of February 16, 2022 (the “Non-Competition Agreement”), the Ownership of Intellectual Property Agreement by and between you and Electromed (the “IP Agreement”), the Confidentiality Policy with Electromed you’ve signed (the “Confidentiality Policy”), or that is detrimental or is reasonably likely to be detrimental to Electromed’s legitimate business interests. You expressly acknowledge you are voluntarily agreeing to the scope of duties, authority and responsibilities identified in this Transition Letter, and that Electromed may relieve you of some or all of your duties, authority or responsibilities during the Transition Period. While you are employed by Electromed during the Transition Period, (a) Electromed will continue to pay you your base salary as of the Effective Date, payable in accordance with Electromed’s normal payroll policies and procedures, and (b) you will remain eligible to participate in all employee benefit plans and programs generally available to Electromed employees (with your group hea...
Sample 1
Employment During the Transition Period. BHC agrees to continue your employment, and you accept continued employment with BHC, for the period (the “Transition Period”) commencing as of today (the “Effective Date”) and continuing through the earlier of (a) April 3, 2023 (the “Anticipated Separation Date”), or (b) the date on which your employment is earlier terminated as provided below. The effective date of the termination of your employment with BHC for any reason is referred to herein as the “Separation Date.” Unless your employment is terminated before the Anticipated Separation Date as a result of you deciding to end your employment for any reason or BHC terminating your employment for Cause (as defined below), your Separation Date will be the Anticipated Separation Date. For purposes of this Transition Letter, “
Sample 1
Employment During the Transition Period. Except as provided in Section 5, Executive’s employment with the Company will continue through the Transition Period and end on the Transition Date. The Company will continue in effect through the Transition Date the compensation and benefit arrangements described in Section 3. Executive’s service as President and Chief Executive Officer will also continue throughout the Transition Period, unless a Successor is appointed prior to the Transition Date. If a Successor is appointed prior to the Transition Date, Executive will provide CEO transition related services at the discretion of the Board. If and when there is an appointment of a Successor to the Board, Executive shall tender his resignation as a member of the Company’s Board of Directors. All of Executive’s cash and equity incentive compensation outstanding or awarded during the Transition Period shall be administered in accord with the terms described in Appendix B.
Sample 1
Employment During the Transition Period 
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Related to Employment During the Transition Period

  • Transition Period Due to the nature of our purchasing process, the District often requires an existing service provider to continue to provide goods and/or services while the District is in the process of advertising, evaluating, and awarding a contract for the provision of the same goods and/or services in the future. To accommodate this process, the Contractor shall agree to maintain the same terms and conditions set forth in this Agreement for a period up to ninety (90) days after the automatic termination of this Agreement at the end of its term, if requested by the District, as a transition period. In addition, if the Contractor is not the successful bidder for a future solicitation for the same or similar services, he or she shall agree to provide the same goods and/or services provided in this Agreement for a period up to ninety (90) days to allow for an orderly transition to the new provider. The District and the Contractor may mutually agree to a longer transition period.

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.

  • Non-Competition During Employment Executive agrees during the Basic Term, and any extension of the Basic Term under this Agreement, he will not compete with the Company by engaging in the conception, design, development, production, marketing, or servicing of any product or service that is substantially similar to the products or services which the Company provides, and that he will not work for, in any capacity, assist, or became affiliated with as an owner, partner, etc., either directly or indirectly, any individual or business which offer or performs services, or offers or provides products substantially similar to the services and products provided by Company.

  • Retention Period The Engineer shall maintain all books, documents, papers, accounting records and other evidence pertaining to costs incurred and services provided (hereinafter called the Records). The Engineer shall make the records available at its office during the contract period and for seven (7) years from the date of final payment under this contract, until completion of all audits, or until pending litigation has been completely and fully resolved, whichever occurs last.

  • During the Term As compensation for services hereunder rendered during the Term hereof, Executive shall receive a base salary (“Base Salary”) of Five Hundred Thousand Dollars ($500,000) per year payable in equal installments in accordance with the Company’s payroll procedure for its salaried executives. Salary payments and other payments under this Agreement shall be subject to withholding of taxes and other appropriate and customary amounts. Executive may receive increases in his Base Salary from time to time, based upon his performance, subject to approval of the Company.

  • Allocations During the Early Amortization Period During the Early Amortization Period, an amount equal to the product of (A) the Principal Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Principal Receivables deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 1997-1 Certificateholders and retained in the Collection Account until applied as provided herein; provided, however, that after the date on which an amount of such Collections equal to the Adjusted Invested Amount has been deposited into the Collection Account and allocated to the Series 1997-1 Certificateholders, such amount shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in the Collection Account for application, to the extent necessary, as Shared Principal Collections on the related Distribution Date, and second paid to the Holders of the Transferor Certificates only if the Transferor Amount on such date is greater than the Required Transferor Amount (after giving effect to all Principal Receivables transferred to the Trust on such day) and otherwise shall be deposited in the Special Funding Account.

  • Early Termination of the Employment Period Notwithstanding Section 1(b) hereof, the Employment Period shall end upon the earliest to occur of (i) a Termination For Cause, (ii) a Termination Without Cause, (iii) a Voluntary Termination, (iv) a Termination Due to Retirement, (v) a Termination Due to Disability, or (vi) a Termination Due to Death.

  • Employee leaving during notice period An employee given notice of termination in circumstances of redundancy may terminate their employment during the period of notice. The employee is entitled to receive the benefits and payments they would have received under this clause had they remained in employment until the expiry of the notice, but is not entitled to any payment in lieu of any remaining notice.

  • Partial Disposal During Term of Service Agreement Throughout the Term of the Service Agreement, LEA may request partial disposal of Student Data obtained under the Service Agreement that is no longer needed. Partial disposal of data shall be subject to LEA’s request to transfer data to a separate account, pursuant to Article II, section 3, above.

  • Effective Period Termination This Agreement shall become effective as of the date of its execution and shall continue in full force and effect until terminated as hereinafter provided. This Agreement may be terminated by each Investment Company, on behalf of a Fund, or by the Custodian by 90 days notice in Writing to the other provided that any termination by an Investment Company shall be authorized by a resolution of the Board, a certified copy of which shall accompany such notice of termination, and provided further, that such resolution shall specify the names of the persons to whom the Custodian shall deliver the assets of the affected Funds held by the Custodian. If notice of termination is given by the Custodian, the affected Investment Companies shall, within 90 days following the giving of such notice, deliver to the Custodian a certified copy of a resolution of the Boards specifying the names of the persons to whom the Custodian shall deliver assets of the affected Funds held by the Custodian. In either case the Custodian will deliver such assets to the persons so specified, after deducting therefrom any amounts which the Custodian determines to be owed to it hereunder (including all costs and expenses of delivery or transfer of Fund assets to the persons so specified). If within 90 days following the giving of a notice of termination by the Custodian, the Custodian does not receive from the affected Investment Companies certified copies of resolutions of the Boards specifying the names of the persons to whom the Custodian shall deliver the assets of the Funds held by the Custodian, the Custodian, at its election, may deliver such assets to a bank or trust company doing business in the State of California to be held and disposed of pursuant to the provisions of this Agreement or may continue to hold such assets until a certified copy of one or more resolutions as aforesaid is delivered to the Custodian. The obligations of the parties hereto regarding the use of reasonable care, indemnities and payment of fees and expenses shall survive the termination of this Agreement.

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