Employment of Xxxx Xxxx Sample Clauses

Employment of Xxxx Xxxx. Maker shall employ Xxxx Xxxx as Chief Executive Officer except for vacations, illness, and leaves of absence approved by Maker or termination approved by the Board or Holder.
Sample 1
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Employment of Xxxx Xxxx. From and after the date of Closing, the Buyer agrees to use its best efforts to employ Xxxx Xxxx ("Xxxx") as an "at will" employee. The Buyer will allow Xxxx to retain her current office so long as the Buyer maintains offices at 000 Xxxxxxxxxx Xxxxx. If the Buyer ceases to maintain offices at 000 Xxxxxxxxxx Xxxxx and relocates, then Xxxx shall be afforded a private office of comparable size and quality at the new location. During the term of her employment with the Buyer, Xxxx will be permitted to serve as an independent consultant and provide consulting services to and for the benefit of Pandey. The number of consulting hours provided to Pandey in any given week may be reduced from 40 hours per week by the mutual agreement of the Buyer and Pandey. Pandey will pay the Buyer for the consulting services at a rate sufficient to reimburse the Buyer for the pro-rata costs associated with employing Xxxx, adjusted for the percentage of time that Xxxx provides consulting services to Pandey. The Buyer shall invoice Pandey for such consulting services on a monthly basis.
Sample 1

Related to Employment of Xxxx Xxxx

  • Employment and Term of Employment Subject to the terms and conditions of this Agreement, the Company hereby agrees to employ the Executive, and the Executive hereby agrees to serve the Company, as Controller and Secretary for a term (the "Term of Employment") beginning on the date first set forth above (the "Effective Date") and ending on the Expiration Date (defined below). As used in this Agreement, "Expiration Date" means the first anniversary of the Effective Date, provided that on each anniversary of the Effective Date (each such anniversary being referred to as a "Renewal Date"), the Expiration Date shall be automatically extended one additional year unless, not less than 10 days prior to the relevant Renewal Date, (i) either party shall have given written notice to the other that no such automatic extension shall occur after the date of such notice or (ii) either party shall have given a Notice of Termination to the other pursuant to Section 5 hereof. Notwithstanding the foregoing, if either party gives a valid Notice of Termination pursuant to Section 5 hereof, the Term of Employment shall not extend beyond the termination date specified in such Notice of Termination.

  • Term of Employment and Termination The Company and Executive acknowledge that Executive's employment is and shall continue to be at-will, as defined under applicable law, and that Executive's employment with the Company may be terminated by either Party at any time for any or no reason (subject to the notice requirements of this Section 4). This "at-will" nature of Executive's employment shall remain unchanged during Executive's tenure as an employee and may not be changed, except in an express writing signed by Executive and a duly authorized officer of the Company. The term of this Agreement and Executive’s employment hereunder shall commence on the Effective Date and continue until terminated as set forth in this Section 4. The date on which Executive’s employment terminates, as determined by the Company, regardless of the reason, shall be referred to herein as the “Separation Date.” Upon termination of Executive's employment for any reason, Executive shall be deemed to have resigned from all offices and directorships, if any, then held with the Company or any of its subsidiaries.

  • Employment and Termination Neither the Plan, this Agreement nor any related documents, communications or other material shall give Employee the right to continued employment by BellSouth or by any Subsidiary or shall adversely affect the right of any such company to terminate Employee's employment with or without cause at any time.

  • Acceptance and Term of Employment The Company agrees to employ Executive and Executive agrees to serve the Company on the terms and conditions set forth herein. The Term of Employment hereunder shall commence on the Effective Date and shall continue until terminated as provided in Section 8 hereof.

  • Employment and Term The Company hereby agrees to employ the Executive and the Executive hereby agrees to serve the Company on the terms and conditions set forth herein.

  • Commencement of Employment 2.1 The Employment will start on 1 June 2009 (the “Commencement Date”). The Employment will continue until termination in accordance with the provisions of this agreement.

  • Terms of Employment This Section 2 sets forth the terms and conditions on which the Company agrees to employ Executive during the period (the "Protected Period") beginning on the first day during the Term of this Agreement on which a Change of Control occurs and ending on the second anniversary of that date, or such earlier date as Executive's employment terminates as contemplated by Section 3.

  • Term and Termination of Employment (a) This Agreement shall be effective as of the Effective Date.

  • Employment of Executive Employer hereby agrees to employ Executive, and Executive hereby agrees to be and remain in the employ of Employer, upon the terms and conditions hereinafter set forth.

  • Employment Relations The Company is in compliance with all Federal, state or other applicable laws, domestic or foreign, respecting employment and employment practices, terms and conditions of employment and wages and hours, and has not and is not engaged in any unfair labor practice.

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