Extension of Agreement Not To Compete. At Employer’s discretion, the Employer can cause Employee to extend the period of the agreement not to compete by paying in advance the Employee 30% of the Employee’s last annual base salary and bonuses per year of extension. The Employer can cause the extension for a total of 3 annual periods.
Appears in 8 contracts
Samples: Employment Agreement (Celsius Holdings, Inc.), Employment Agreement (Celsius Holdings, Inc.), Employment Agreement (Celsius Holdings, Inc.)
Extension of Agreement Not To Compete. At Employer’s 's discretion, the Employer can cause Employee to extend the period of the agreement not to compete by paying in advance the Employee 30% of the Employee’s 's last annual base salary and bonuses per year of extension. The Employer can cause the extension for a total of 3 annual periods.
Appears in 8 contracts
Samples: Employment Agreement, Employment Agreement (Celsius Holdings, Inc.), Employment Agreement (Celsius Holdings, Inc.)
Extension of Agreement Not To Compete. At Employerthe Company’s discretion, the Employer Company can cause Employee to extend the period of the agreement not to compete by paying in advance to the Employee an amount equal to 30% of the Employee’s last annual base salary and bonuses per year of extension. The Employer Company can cause the extension for a total of 3 annual periods.
Appears in 1 contract
Samples: Separation and Severance Agreement (Celsius Holdings, Inc.)
