Employment of Xxxx Xxxxxx Sample Clauses

Employment of Xxxx Xxxxxx. Xxxx Xxxxxx shall have agreed to become employed by Buyer as of the Closing on the terms and conditions set forth in the form offer letter attached hereto as Schedule 4.2(l) (the “Xxxxxx Employment Agreement”).
Sample 1
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Employment of Xxxx Xxxxxx. Effective on the Closing Date, Buyer shall retain Xxxx Xxxxxx pursuant to an employment offer letter in the form attached hereto as Schedule 4.2.2. Xxxx Xxxxxx, prior to the date hereof, has been an employee of Seller and engaged in providing services in connection with the Business. The parties hereby acknowledge and agree that the continued employment of Xxxx Xxxxxx is deemed by Buyer to be essential to Buyer in order to allow for an orderly transition of the Business.
Sample 1
Employment of Xxxx Xxxxxx. As material consideration for the sale of her interests in the Seller and her covenant not to compete as set-forth in Section 2.1(a), the Buyer has extended an at will offer of employment for Xxxx Xxxxxx, and Xxxx Xxxxxx has accepted the same. Commencing immediately upon the Effective Time of this Agreement, Xxxx Xxxxxx shall serve as the Chief Strategy Officer of Merger Sub and shall receive a salary of $110,000 per year, together with participation in the Bonus Program, as set forth in the offer letter attached hereto as Exhibit D, which is incorporated herein by reference. In addition to any bonus paid under the Bonus Program specified in the offer letter, Xxxx Xxxxxx may also receive any bonus as the Board of Directors of the Buyer may determine.
Sample 1

Related to Employment of Xxxx Xxxxxx

  • 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.

  • 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 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.

  • 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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