Employment Term and Termination. 5.1 The Executive’s employment by the Company commenced on July 20th 2010.
5.2 The Executive’s employment may be terminated by either party subject to the delivery of thirty (30) days prior written notice by the terminating party (the “Notice Period”).
5.3 During the Notice Period the Executive shall continue to perform his duties until the conclusion of the Notice Period. Nevertheless, the Company shall have the right not to take advantage of the full Notice Period. In the event of such termination, the Company shall pay the Executive his Salary for the remainder of the Notice Period (as payment in lieu of prior notice period). It is hereby expressly stated that the Company reserves the right to terminate the Executive’s employment at any time during the Notice Period, regardless of whether notice of termination of employment was delivered by the Company or whether such notice was delivered by the Executive. In the latter case such termination shall not constitute a dismissal of the Executive by the Company.
5.4 Notwithstanding the foregoing, the Company may terminate the Executive’s employment without the delivery of prior written notice, in the event of termination under circumstances which deprive the Executive of severance pay under Israeli law, and/or a breach of trust, and/or the Executive’s breach of the terms and conditions of Section 18 of this Agreement all at the discretion of the Company.
5.5 In the event that the Executive terminates his employment with the Company, for any reason, without the delivery of a written notice in accordance with Section 5.2 above, or without the completion of the Notice Period or any part thereof, the Company will be entitled to deduct from any debt which it may owe the Executive an amount equal to the salary that would have been paid to the Executive during the Notice Period, had he worked.
5.6 The Executive undertakes that immediately upon the termination of his employment with the Company, for any reason, he shall act as follows:
5.6.1 He shall deliver and/or return to the Company all the documents, diskettes or other magnetic media, letters, notes, reports and other papers in his possession and relating to his employment with the Company and the fulfillment of his duties, as well as any equipment and/or other property belonging to the Company which was placed at his disposal, including any Company car, computer equipment, telephone equipment, Executive ID badge or other equipment;
5.6.2 He shall delete any inf...
Employment Term and Termination. UUA Congregational Life Staff should be consulted early in the process when leave or transition due to conflict, illness, or any other reason may be possible.
Employment Term and Termination. (a) The Employment Period shall continue until terminated upon the earlier of (i) the Expiration Date, (ii) Employee’s resignation with or without Good Reason or Employee’s death or Disability or (iii) the termination of the Employee by the Company with or without Cause.
(b) Employee’s employment with the Company will be “At Will,” meaning that either Employee or the Company may terminate Employee’s employment at any time and for any reason, with or without Cause or Good Reason. The date on which the Employees’ employment is terminated is referred herein as the “Termination Date.” If the reason for termination is without Cause or with Good Reason, Employee would receive a severance package consistent with the terms and conditions set forth in Section 5 below.
Employment Term and Termination. X. Xxxx: The call to settled ministry is understood to be indefinite.
Employment Term and Termination. The term of employment hereunder shall commence as of the date of the Closing Date set forth in the Merger Agreement and shall continue for a period of one (1) year, subject to earlier termination as provided herein (the "Term"). THE TERM WILL BE AUTOMATICALLY EXTENDED FOR ADDITIONAL SUCCESSIVE ONE (1) YEAR PERIODS BEGINNING ON EACH ANNIVERSARY OF THE CLOSING DATE UNLESS ELLS OR THE COMPANY PROVIDES THE NON-TERMINATING XXXXY WITH NOT LESS THAN THIRTY (30) DAYS PRIOR WRITTEN NOTICE THAT SUCH PARTY DOES NOT WISH TO EXTEND THE TERM, IN WHICH CASE ELLS' TERM OF EMPLOYMENT HEREUNDER WILL TERMINATE XX THE END OF THE TERM THEN IN EFFECT.
Employment Term and Termination. 5.1 Term: The term of this agreement is indefinite unless terminated as provided below or by other mutual agreement.
Employment Term and Termination. 5.1 The term of this agreement is one year, from September 1, 2020 through August 31, 2021 unless terminated as provided below or by other mutual agreement. When the pandemic ends and the building reopens for Sunday worship services and other church functions, or at the end of one year, whichever comes later, the Board and the Minister will affirm their mutual desire to proceed with virtual ministry and may shorten the length of this agreement without fault, or may extend this agreement for additional months but no later than August 31, 2022.
5.2 The Minister may terminate voluntarily by providing ninety (90) days’ notice in writing to the Board, and such termination will become effective at the expiration of the ninety (90) day period or any mutually agreed upon longer period. The Minister agrees to continue to perform all duties during such notice period and to take all necessary steps to effectuate an effective transfer of duties during that time. At its option and discretion, the Board may reduce or eliminate the ninety (90) day notice period and provide pay in-lieu of notice for the time period that the notice is shortened or eliminated.
Employment Term and Termination. 1.1. PRIMA hereby employs Employee and Employee hereby accepts employment by PRIMA under the terms and conditions set forth in this Agreement for a term commencing on the Effective Date and continuing until August 31, 2016 (“Termination Date”), unless terminated earlier as provided for in Section 4. The term during which Employee is employed under this Agreement shall be referred to herein as the “Employment Period.”
1.2. Employee shall have the title and shall perform the responsibilities and duties of the Chief Executive Officer. Employee shall perform all duties assigned to him in accordance with the terms of this Agreement by PRIMA’s board of directors (“Board”) faithfully, diligently and to the best of his ability. Such duties include, without limitation, the overseeing and implementation of the business plan adopted by the Board (as may be revised from time to time by the Board). Employee shall perform the services contemplated under this Agreement in accordance with the policies established by and under the direction of the Board. Employee shall have such corporate power and authority as shall reasonably be required to enable him to discharge his duties under this Agreement. In addition, PRIMA shall continue to nominate Employee, recommend to stockholders of PRIMA the election of Employee, and use its other reasonable efforts to enable Employee to serve on the Board for the Employment Period.
1.3. For purposes of this Agreement, PRIMA and Employee agree that Employment issues will be generally administered by PRIMA’s wholly owned subsidiary Prima Biomed USA, Inc., located at 000 Xxxx Xxxxxxx Xx, Xxxxxxx Xxxx, XX 00000. Employee, for purposes of tax, benfits, and employment law, is a resident of the State of California employed by Prima Biomed USA, Inc. Notwithstanding the forgoing, nothing in this Agreement shall by understood to limit Employee’s obligations and rights as an officer of PRIMA with duties and responsibilities to PRIMA and all if its subsidiaries and affiliates worldwide.
1.4. Employee’s primary location of work will be in Redwood City, California; however, Employee shall be prepared to travel extensively and perform his duties at any location globally, as needed. Commensurate with the development of the business, PRIMA will provide Employee office space and staff as required for the performance of his duties.
1.5. Employee’s employment shall be full-time and exclusive. Notwithstanding the foregoing, except as otherwise agreed to in wr...
Employment Term and Termination. 5.1. This Agreement shall be in effect commencing as of the Commencement Date and shall continue in full force and effect until terminated.
5.2. The Employee’s employment may be terminated by either party, at any time, pursuant to the delivery of four (4) months prior written notice; provided however that other than for Cause (as defined in the Agreement), the Company shall not terminate the Employee’s employment prior to March 31, 2025.
Employment Term and Termination. 5.1 The Executive's employment by the Company shall commence on the date set forth in Exhibit A (such date, the “Commencement Date”).
5.2 The Executive’s employment may be terminated upon the earliest to occur of (i) Executive’s death or a termination of employment by reason of Disability, (ii) a termination of employment by the Company with or without Cause, or (iii) a termination of employment by Executive, and, in each case, subject to the delivery of a prior written notice by the terminating party (the “Notice Period”). The Notice Period will be as set forth in Exhibit A.
