Employment Duties and Term. (a) Subject to the terms hereof, the Company hereby employs Employee as Chief Sales Officer, and Employee accepts such employment with the Company on the terms set forth in this Agreement. In such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position as are assigned to him from time to time by the Board or its designees. (b) Employee shall devote his full working time and best efforts to the performance of his duties under this Agreement for and on behalf of the Company and shall not work for anyone else or engage in any activity in competition with or detrimental to the Company. Notwithstanding the foregoing, Employee shall be permitted to serve on corporate, civic or charitable boards or committees, so long as the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this Agreement. (c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for an initial term commencing on the Effective Date and ending on the third (3rd) anniversary of the Effective Date (the “Initial Term”). Unless earlier terminated as set forth herein, at the conclusion of the Initial Term, this Agreement shall automatically renew for additional one-year renewal terms (each a “Renewal Term”), unless either Employee or the Company notifies the other in writing of its desire not to renew this Agreement at least ninety (90) days prior to the conclusion of the Initial Term or any subsequent Renewal Term. The date on which this Agreement is terminated or expires as provided herein is herein called the “Termination Date,” and the period from the Effective Date through the Termination Date is herein called the “Term.”
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Employment Duties and Term. (a) Subject to the terms hereof, the Company hereby employs Employee as Chief Sales Financial Officer, and Employee accepts such employment with the Company on the terms set forth in this Agreement. In such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position as are assigned to him from time to time by the Board or its designees.
(b) Employee shall devote his full working time and best efforts to the performance of his duties under this Agreement for and on behalf of the Company and shall not work for anyone else or engage in any activity in competition with or detrimental to the Company. Notwithstanding the foregoing, Employee shall be permitted to serve on corporate, civic or charitable boards or committees, so long as the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this Agreement.
(c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for an initial term commencing on the Effective Date and ending on the third (3rd) anniversary of the Effective Date (the “Initial Term”). Unless earlier terminated as set forth herein, at the conclusion of the Initial Term, this Agreement shall automatically renew for additional one-year renewal terms (each a “Renewal Term”), unless either Employee or the Company notifies the other in writing of its desire not to renew this Agreement at least ninety (90) days prior to the conclusion of the Initial Term or any subsequent Renewal Term. The date on which this Agreement is terminated or expires as provided herein is herein called the “Termination Date,” and the period from the Effective Date through the Termination Date is herein called the “Term.”
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Employment Duties and Term. (a) Subject to the terms hereof, the Company hereby employs Employee as President and Chief Sales Executive Officer, and Employee accepts such employment with the Company on the terms set forth in this Agreement. In such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position as are assigned to him from time to time by the Board or its designees.
(b) Employee shall devote his full working time and best efforts to the performance of his duties under this Agreement for and on behalf of the Company and shall not work for anyone else or engage in any activity in competition with or detrimental to the Company. Notwithstanding the foregoing, Employee shall be permitted to serve on corporate, civic or charitable boards or committees, so long as the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this Agreement.
(c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for an initial term commencing on the Effective Date and ending on the third (3rd) anniversary of the Effective Date (the “Initial Term”). Unless earlier terminated as set forth herein, at the conclusion of the Initial Term, this Agreement shall automatically renew for additional one-year renewal terms (each a “Renewal Term”), unless either Employee or the Company notifies the other in writing of its desire not to renew this Agreement at least ninety (90) days prior to the conclusion of the Initial Term or any subsequent Renewal Term. The date on which this Agreement is terminated or expires as provided herein is herein called the “Termination Date,” and the period from the Effective Date through the Termination Date is herein called the “Term.”
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Employment Duties and Term. (a) Subject to the terms hereof, the Company A. Avis hereby employs Employee the Executive as Chief Sales Officer, and Employee Vice President - International of Avis. The Executive hereby accepts such employment with and agrees to discharge the Company on responsibilities of said office, or any other executive office as determined by the terms set forth in this Agreement. In President and Chief Executive Officer of Avis, faithfully and to the best of his ability and perform such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position services of an executive, administrative and managerial nature as are assigned to him shall be specified and designated from time to time by the Board or its designeesPresident and Chief Executive Officer of Avis, in connection with the business and activities of Avis. Avis agrees only to impose such duties and services as are reasonable and consistent with good and ethical business practices.
B. The Executive's employment shall be for a period of one (b1) Employee year, commencing on September 21, 1987 ("Commencement Date"), and ending on the first anniversa- ry of the day preceding the Commencement Date (the "Term of the Agreement"). It shall renew automatically from year to year thereafter, unless notice, in the manner herein required, is given by either Executive to Avis or Avis to Executive at least sixty (60) days before the end of the term that such employment shall cease as of the end of such term (the "Extended Employment Period"). Avis and Executive further agree, however, that Avis may elect to terminate this agreement without just cause at any time upon the giving of thirty days written notice to Executive, but that in such event Executive shall be entitled to the compensation and benefits provided for in Paragraph F of Article II hereof.
C. The Executive agrees that during the Term of the Agreement and the Extended Employment Period, if applicable, he will devote substantially all his full working time and best efforts effort to the performance of his duties under this Agreement for hereunder and on behalf of the Company and shall will not work for anyone else or engage in any activity in competition with other employment activities for any direct or detrimental to indirect remuneration without the prior written consent of the Company. Notwithstanding This restriction shall not apply to the foregoingmaking investments in real estate, Employee shall be permitted oil and gas or other ventures (where Executive is not required to serve on corporateactively participate in the management thereof) or in stocks, civic bonds or charitable boards commodities for his own account or committeesthat of his family, so long as the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this AgreementExecutive's duties hereunder.
(c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for an initial term commencing on the Effective Date and ending on the third (3rd) anniversary of the Effective Date (the “Initial Term”). Unless earlier terminated as set forth herein, at the conclusion of the Initial Term, this Agreement shall automatically renew for additional one-year renewal terms (each a “Renewal Term”), unless either Employee or the Company notifies the other in writing of its desire not to renew this Agreement at least ninety (90) days prior to the conclusion of the Initial Term or any subsequent Renewal Term. The date on which this Agreement is terminated or expires as provided herein is herein called the “Termination Date,” and the period from the Effective Date through the Termination Date is herein called the “Term.”
Appears in 1 contract
Employment Duties and Term. (a) Subject to the terms hereof, the Company hereby employs Employee as Chief Sales OfficerPresident, and Employee accepts such employment with the Company on the terms set forth in this Agreement. In such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position as are assigned to him from time to time by the Board or its designees.
(b) Employee shall devote his full working time and best efforts to the performance of his duties under this Agreement for and on behalf of the Company and shall not work for anyone else or engage in any activity in competition with or detrimental to the Company. Notwithstanding the foregoing, Employee shall be permitted to serve on corporate, civic or charitable boards or committees, so long as the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this Agreement.
(c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for an initial term commencing on the Effective Date and ending on the third (3rd) anniversary of the Effective Date (the “Initial Term”). Unless earlier terminated as set forth herein, at the conclusion of the Initial Term, this Agreement shall automatically renew for additional one-year renewal terms (each a “Renewal Term”), unless either Employee or the Company notifies the other in writing of its desire not to renew this Agreement at least ninety (90) days prior to the conclusion of the Initial Term or any subsequent Renewal Term. The date on which this Agreement is terminated or expires as provided herein is herein called the “Termination Date,” and the period from the Effective Date through the Termination Date is herein called the “Term.”
Appears in 1 contract
Employment Duties and Term. (a) Subject to the terms hereof, the Company hereby employs Employee as Chief Sales OfficerPresident, and Employee accepts such employment with the Company on the terms set forth in this Agreement. In such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position as are assigned to him from time to time by the Board or its designees. Employee shall report to the Chair of the Company’s Board.
(b) Employee shall devote his full sufficient working time and best efforts to the performance of his duties under this Agreement for and on behalf of the Company and shall not work for anyone else or engage in any business activity in competition with the Company, or detrimental to that otherwise prevents Employee from performing his duties for the Company. Notwithstanding the foregoing, Employee shall be permitted to serve on corporate, civic or charitable boards or committees, so long as he is currently serving in those positions at the time of execution of this Agreement, or the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this Agreement. Employee represents that he is not subject to any non-competition, confidentiality, trade secrets or other agreement(s) that would preclude, or restrict in any way, Employee from fully performing his services hereunder during his employment with the Company.
(c) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for an initial a term commencing on the Effective Date and ending on the third (3rd) anniversary of the Effective Date date this Agreement is terminated pursuant to Section 4 below (the “Initial Term”). Unless earlier terminated as set forth hereinEmployee acknowledges and agrees his employment with the Company is on an “at will” basis, at the conclusion of the Initial Term, this Agreement shall automatically renew for additional one-year renewal terms (each a “Renewal Term”), unless meaning that either Employee or the Company notifies the other may terminate his employment at any time for any reason or no reason, without further obligation or liability, except as expressly set forth in writing of its desire not to renew this Agreement at least ninety (90) days prior to the conclusion of the Initial Term or any subsequent Renewal Term. The date on which this Agreement is terminated or expires as provided herein is herein called the “Termination Date,” and the period from the Effective Date through the Termination Date is herein called the “TermSection 4 below.”
Appears in 1 contract
Employment Duties and Term. (a) Subject to the terms hereof, the Company hereby employs Employee to serve as Chief Sales OfficerPresident of the Company, and Employee accepts such employment with the Company on the terms set forth in this Agreement. In such capacity, Employee shall perform the duties appropriate to such office or position, and such other duties and responsibilities commensurate with such position as are assigned to him from time to time by the Board or its designees.
(b) designee(s). Employee shall agrees that she will devote his her full working time and best efforts to the performance of his her duties under this Agreement for and on behalf of the Company Company, and shall will not work for anyone else or engage in any activity in competition with or detrimental to the Company. Notwithstanding the foregoing, Employee shall be permitted to serve on corporate, civic or charitable boards or committees, so long as the Board consents in advance in writing to such activities, and such activities do not materially interfere with the performance of his responsibilities as an employee of the Company in accordance with this Agreement.
(cb) Unless earlier terminated as provided herein, Employee’s employment under this Agreement shall be for an initial term commencing on the Effective Date and ending on the third fifth (3rd5th) anniversary of the Effective Date (the “Initial Term”). Unless earlier terminated as set forth herein, at the conclusion of the Initial Term, Term this Agreement shall will automatically renew for additional one-year renewal terms (each a “Renewal Term”)terms, unless either Employee or the Company notifies the other in writing of its desire not to renew this Agreement at least ninety (90) days prior to the conclusion of the Initial Term or any subsequent Renewal Termthen current term. The date on which this Agreement is terminated or expires as provided herein is herein called the “Termination Date,” and the period from the Effective Date through the Termination Date is herein called the “Term.”
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