Garden Leave. 12.1 Neither the Company nor any Group Company is under any obligation to provide the Executive with any work. At any time after notice to terminate the Employment is given by either party under clause 11 above, or if the Executive resigns without giving due notice and the Company does not accept the resignation, the Company may require the Executive to comply with any or all of the provisions in clauses 12.2 and 12.3 for a maximum period of six months (the “Garden Leave Period”). 12.2 The Executive will not, without prior written consent of the Board, be employed or otherwise engaged in the conduct of any activity, whether or not of a business nature during the Garden Leave Period. Further, the Executive will not, unless requested by the Company: 12.2.1 enter or attend the premises of the Company or any other Group Company; or 12.2.2 contact or have any communication with any customer or client of the Company or any other Group Company in relation to the business of the Company or any other Group Company; or 12.2.3 contact or have any communication with any employee, officer, director, agent or consultant of the Company or any other Group Company in relation to the business of the Company or any other Group Company; or 12.2.4 remain or become involved in any aspect of the business of the Company or any other Group Company except as required by such companies. 12.3 The Company may require the Executive: 12.3.1 to comply with the provisions of clause 15, save that the Executive will not be required to return the Company car until the termination date; and 12.3.2 to immediately resign from any directorship which they hold in the Company, any other Group Company or any other company where such directorship is held as a consequence or requirement of the Employment, unless they are required to perform duties to which any such directorship relates in which case they may retain such directorships while those duties are ongoing. The Executive hereby irrevocably appoints the Company to be the Executive’s attorney to execute any instrument and do anything in the Executive’s name and on the Executive’s behalf to effect their resignation if they fail to do so in accordance with this clause 12.3.2.
Appears in 2 contracts
Samples: Service Agreement (Vodafone Group Public LTD Co), Service Agreement (Vodafone Group Public LTD Co)
Garden Leave. 12.1 11.1 Neither the Company nor any Group Company is under any obligation to provide the Executive with any work. At any time after notice to terminate the Employment is given by either party under clause 11 10 above, or if the Executive resigns without giving due notice and the Company does not accept the his resignation, the Company may require the Executive to comply with any or all of the provisions in clauses 12.2 11.2 and 12.3 11.3 for a maximum period of six months (the “Garden Leave Period”).
12.2 11.2 The Executive will not, without prior written consent of the Board, be employed or otherwise engaged in the conduct of any activity, whether or not of a business nature during the Garden Leave Period. Further, the Executive will not, unless requested by the Company:
12.2.1 11.2.1 enter or attend the premises of the Company or any other Group Company; or
12.2.2 11.2.2 contact or have any communication with any customer or client of the Company or any other Group Company in relation to the business of the Company or any other Group Company; or
12.2.3 11.2.3 contact or have any communication with any employee, officer, director, agent or consultant of the Company or any other Group Company in relation to the business of the Company or any other Group Company; or
12.2.4 11.2.4 remain or become involved in any aspect of the business of the Company or any other Group Company except as required by such companies.
12.3 11.3 The Company may require the Executive:
12.3.1 11.3.1 to comply with the provisions of clause 1514, save that the Executive he will not be required to return the his Company car until the termination datecar; and
12.3.2 11.3.2 to immediately resign from any directorship which they hold he holds in the Company, any other Group Company or any other company where such directorship is held as a consequence or requirement of the Employment, unless they are he is required to perform duties to which any such directorship relates in which case they he may retain such directorships while those duties are ongoing. The Executive hereby irrevocably appoints the Company to be the Executive’s his attorney to execute any instrument and do anything in the Executive’s his name and on the Executive’s his behalf to effect their his resignation if they fail he fails to do so in accordance with this clause 12.3.211.3.2.
Appears in 2 contracts
Samples: Service Agreement (Vodafone Group Public LTD Co), Service Agreement (Vodafone Group Public LTD Co)
Garden Leave. 12.1 Neither the Company nor any Group Company is under any obligation to provide the Executive with any work. At any time after notice to terminate the Employment is given by either party under clause 11 above, or if the Executive resigns without giving due notice and the Company does not accept the his resignation, the Company may require the Executive to comply with any or all of the provisions in clauses 12.2 and 12.3 for a maximum period of six months (the “Garden Leave Period”).
12.2 The Executive will not, without prior written consent of the Board, be employed or otherwise engaged in the conduct of any activity, whether or not of a business nature during the Garden Leave Period. Further, the Executive will not, unless requested by the Company:
12.2.1 enter or attend the premises of the Company or any other Group Company; or
12.2.2 contact or have any communication with any customer or client of the Company or any other Group Company in relation to the business of the Company or any other Group Company; or
12.2.3 contact or have any communication with any employee, officer, director, agent or consultant of the Company or any other Group Company in relation to the business of the Company or any other Group Company; or
12.2.4 remain or become involved in any aspect of the business of the Company or any other Group Company except as required by such companies.
12.3 The Company may require the Executive:
12.3.1 to comply with the provisions of clause 15, save that the Executive he will not be required to return the his Company car until the termination datecar; and
12.3.2 to immediately resign from any directorship which they hold he holds in the Company, any other Group Company or any other company where such directorship is held as a consequence or requirement of the Employment, unless they are he is required to perform duties to which any such directorship relates in which case they he may retain such directorships while those duties are ongoing. The Executive hereby irrevocably appoints the Company to be the Executive’s his attorney to execute any instrument and do anything in the Executive’s his name and on the Executive’s his behalf to effect their his resignation if they fail he fails to do so in accordance with this clause 12.3.2.
Appears in 2 contracts
Samples: Service Agreement, Service Agreement (Vodafone Group Public LTD Co)
Garden Leave. 12.1 22.1 Neither the Company nor any Group Company is under any obligation to provide the Executive with any work. At any time after notice to terminate the Employment is given by either party under clause 11 aboveparty, or if the Executive resigns without giving due notice and the Company does not accept the Executive’s resignation, the Company may may, at its absolute discretion, require the Executive to comply with any or all of the provisions in clauses 12.2 and 12.3 for take a maximum period of six months absence called garden leave (the “Garden Leave Period”). The provisions of this clause shall apply to any Garden Leave Period.
12.2 22.2 The Company may require that the Executive will not, without prior written consent of the Board, be employed or otherwise engaged in the conduct of any activity, whether or not of a business nature nature, during the Garden Leave Period. Further, if so requested by the Company, the Executive will not, unless requested by the Company:
12.2.1 22.2.1 enter or attend the premises of the Company or any other Group Company; or
12.2.2 22.2.2 contact or have any communication with any hotel owner, guest, customer or client of the Company or any other Group Company or other third party with whom the Company or other Group Company has business relations, in each case in relation to the business of the Company or any other Group CompanyCompany (other than purely social contact); or
12.2.3 22.2.3 contact or have any communication with any employee, officer, director, agent or consultant of the Company or any other Group Company in relation to the business of the Company or any other Group CompanyCompany (other than purely social contact); or
12.2.4 22.2.4 remain or become involved in any aspect of the business of the Company or any other Group Company except as required by such companies.
12.3 22.3 The Company may require the Executive:
12.3.1 22.3.1 to comply with the provisions of clause 15, save that the Executive will not be required to return the Company car until the termination dateClause 24; and
12.3.2 22.3.2 to immediately resign from any directorship directorship, trusteeships or other offices which they hold the Executive holds in the Company, any other Group Company or any other company where such directorship or other office is held as a consequence or requirement of the Employment, unless they are the Executive is required to perform duties to which any such directorship directorship, trusteeship or other office relates in which case they the Executive may retain such directorships directorships, trusteeships or other offices while those duties are ongoing. .
22.4 The Executive hereby irrevocably appoints the Company to be the Executive’s attorney to execute any instrument and do anything in the Executive’s name and on behalf of the Executive to effect the Executive’s behalf to effect their resignation if they fail the Executive fails to do so in accordance with Clause 22.3.2.
22.5 During the Garden Leave Period, the Executive will be entitled to receive the Executive’s salary and all benefits in accordance with the terms of this clause 12.3.2agreement. Any unused holiday accrued at the commencement of the Garden Leave Period and any holiday accrued during any such period will be deemed to be taken by the Executive during the Garden Leave Period.
22.6 At the end of the Garden Leave Period, the Company may, at its sole and absolute discretion, pay the Executive salary in lieu of the balance of any period of notice (less any deductions the Company is required by law to make). In any event, the Company’s payment in lieu of the unexpired period of notice, as well as payment of any base salary attributable to the Garden Leave Period, will be completed within 2.5 months following the later of the end of the calendar year or the Company fiscal year that occurs immediately following the commencement of the Garden Leave Period.
22.7 During the Garden Leave Period:
22.7.1 the Executive shall provide such assistance as the Company or any Group Company may require to effect an orderly handover of the Executive’s responsibilities to any individual or individuals appointed by the Company or any Group Company to take over the Executive’s role or responsibilities;
22.7.2 the Executive may be required to carry out specified duties (consistent with the executive’s skills role and experience) and shall be available to deal with requests for information, provide assistance, be available for meetings and to advise on matters relating to work (unless the Company has agreed that the Executive may be unavailable for a period); and
22.7.3 the Company may appoint another person to carry out the Executive’s duties in substitution for the Executive.
22.8 All duties of the Employment (whether express or implied) including without limitation the Executive’s duties of fidelity, good faith and exclusive service, shall continue throughout the Garden Leave Period save as expressly varied by this Clause 22. The Executive agrees that the exercise by the Company of its rights pursuant to this Clause 22 shall not entitle the Executive to claim that the Executive has been constructively dismissed.
Appears in 1 contract
Samples: Employment Agreement (Intercontinental Hotels Group PLC /New/)
Garden Leave. 12.1 Neither the Company nor any Group Company is under any obligation to provide the Executive with any work. At any time after notice to terminate the Employment is given by either party under clause 11 above, or if the Executive resigns without giving due notice and the Company does not accept the his resignation, the Company may may, at its absolute discretion, require the Executive to comply with any or all take a period of the provisions in clauses 12.2 and 12.3 absence called garden leave for a maximum period of six 6 months (the “Garden Leave Period”). The provisions of this clause shall apply to any Garden Leave Period.
12.2 The Company may require that the Executive will not, without prior written consent of the Board, be employed or otherwise engaged in the conduct of WITHOUT PREJUDICE SUBJECT TO CONTRACT any activity, whether or not of a business nature during the Garden Leave Period. Further, if so requested by the Company, the Executive will not, unless requested by the Company:
12.2.1 enter or attend the premises of the Company or any other Group Company; or
12.2.2 contact or have any communication with any customer or client of the Company or any other Group Company in relation to the business of the Company or any other Group CompanyCompany (other than purely social contract); or
12.2.3 contact or have any communication with any employee, officer, director, agent or consultant of the Company or any other Group Company in relation to the business of the Company or any other Group Company; or
12.2.4 remain or become involved in any aspect of the business of the Company or any other Group Company except as required by such companies.
12.3 The Company may require the Executive:
12.3.1 to comply with the provisions of clause 15, save that the Executive he will not be required to return the his Company car until the termination datecar; and
12.3.2 to immediately resign from any directorship directorship, trusteeships or other offices which they hold he holds in the Company, any other Group Company or any other company where such directorship or other office is held as a consequence or requirement of the Employment, unless they are he is required to perform duties to which any such directorship directorship, trusteeship or other office relates in which case they he may retain such directorships directorships, trusteeships or other offices while those duties are ongoing. The Executive hereby irrevocably appoints the Company to be the Executive’s his attorney to execute any instrument and do anything in the Executive’s his name and on the Executive’s his behalf to effect their his resignation if they fail he fails to do so in accordance with this clause 12.3.2.
12.4 During the Garden Leave Period, the Executive will be entitled to receive his base salary and all contractual benefits (excluding bonuses) in accordance with the terms of this agreement. Any unused holiday accrued at the commencement of the Garden Leave Period and any holiday accrued during any such period will be deemed to be taken by the Executive during the Garden Leave Period.
12.5 At the end of the Garden Leave Period, the Company may, at it sole and absolute discretion, pay the Executive base salary alone (as defined in WITHOUT PREJUDICE SUBJECT TO CONTRACT clause 7.1) in lieu of the balance of any period of notice given by the Company or the Executive (less any deductions the Company is required by law to make).
Appears in 1 contract
Garden Leave. 12.1 Neither the Company nor any Group Company is under any obligation to provide the Executive with any work. 11.1 At any time after notice to terminate the Employment is given by either party under clause 11 10 above, or if the Executive resigns without giving due notice and the Company does not accept the his resignation, the Company may require the Executive to comply with any or all of the provisions in clauses 12.2 11.2 and 12.3 11.3 for a maximum period of six months (the “Garden Leave Period”).
12.2 11.2 The Executive will not, without prior written consent of the Board, be employed or otherwise engaged in the conduct of any activity, whether or not of a business nature during the Garden Leave Period. Further, the Executive will not, unless requested by the Company:
12.2.1 11.2.1 enter or attend the premises of the Company or any other Group Company; or
12.2.2 11.2.2 contact or have any communication with any customer or client of the Company or any other Group Company in relation to the business of the Company or any other Group Company; or
12.2.3 11.2.3 contact or have any communication with any employee, officer, director, agent or consultant of the Company or any other Group Company in relation to the business of the Company or any other Group Company; or
12.2.4 11.2.4 remain or become involved in any aspect of the business of the Company or any other Group Company except as required by such companies.
12.3 11.3 The Company may require the Executive:
12.3.1 11.3.1 to comply with the provisions of clause 1514, save that the Executive he will not be required to return the his Company car until the termination datecar; and
12.3.2 11.3.2 to immediately resign from any directorship which they hold he holds in the Company, any other Group Company or any other company where such directorship is held as a consequence or requirement of the Employment, unless they are he is required to perform duties to which any such directorship relates in which case they he may retain such directorships while those duties are ongoing. The Executive hereby irrevocably appoints the Company to be the Executive’s his attorney to execute any instrument and do anything in the Executive’s his name and on the Executive’s his behalf to effect their his resignation if they fail he fails to do so in accordance with this clause 12.3.211.3.2.
11.4 During the Garden Leave Period, the Executive will be entitled to receive his salary and all contractual benefits (for example, his Company car, if any) in accordance with the terms of this agreement. Any unused holiday accrued at the commencement of the Garden Leave Period and any holiday accrued during any such Period will be deemed to be taken by the Executive during the Garden Leave Period.
11.5 At the end of the Garden Leave Period, the Company may, but shall not in any way be obliged, to exercise its rights under clause 10.4 and clause 10.5 to pay the Executive salary alone in lieu of the balance of any period of notice given by the Company or the Executive, (less any deductions the Company is required by law to make).
11.6 All duties of the Employment (whether express or implied), including without limitation the Executive’s duties of fidelity, good faith and exclusive service, shall continue throughout the Garden Leave Period save as expressly varied by this clause.
Appears in 1 contract
Garden Leave. 12.1 Neither the Company nor any Group Company is under any obligation to provide the Executive with any work. 15.1 At any time after notice to terminate the Employment is given by either party under clause 11 14 above, or if the Executive resigns resigns, and without giving due notice and the Company does not accept the resignationprejudice to clause 14.3, the Company may require the Executive to comply with any or all of the provisions in clauses 12.2 15.2 and 12.3 15.3 for a maximum period not exceeding the period of six months notice in clause 14.2 (the “Garden Leave Period”).
12.2 15.2 During any Garden Leave Period the Company shall be under no obligation to provide any work to or vest any powers in, the Executive, who shall have no right to perform any services for the Company (or any Group Company).
15.3 The Executive will not, without prior written consent of the BoardChief Executive Officer or his/her designate, be employed or otherwise engaged in the conduct of any activity, whether or not of a business nature during the Garden Leave Period. Further, the Executive will not, unless requested by the Company:
12.2.1 15.3.1 enter or attend the premises of the Company or any other Group Company; or
12.2.2 15.3.2 contact or have any communication with any customer or client of the Company or any other Group Company and others in relation to the business of the Company or any other Group Company; or
12.2.3 15.3.3 contact or have any communication with any employee, officer, director, agent or consultant of the Company or any other Group Company in relation to the business of the Company or any other Group CompanyGroup; or
12.2.4 15.3.4 remain or become involved in any aspect of the business of the Company or any other Group Company except as required by such companies.
12.3 15.4 The Company may require the Executive:
12.3.1 15.4.1 to comply with the provisions of clause 15, save that the Executive will not be required to return the Company car until the termination date18; and
12.3.2 15.4.2 to immediately resign from any directorship which they hold he/she holds in the Company, any other Group Company or any other company where such directorship is held as a consequence or requirement of the Employment, unless they are he/she is required to perform duties to which any such directorship relates in which case they he/she may retain such directorships while those duties are ongoing. The Executive hereby irrevocably appoints the Company to be the Executive’s his/her attorney to execute any instrument and do anything in the Executive’s his/her name and on the Executive’s his/her behalf to effect their his/her resignation if they fail he/she fails to do so in accordance with this clause 12.3.2clause.
15.5 During the Garden Leave Period, the Executive will be entitled to receive his/her salary and all contractual benefits in accordance with the terms of this agreement. Any unused holiday accrued at the commencement of the Garden Leave Period and any holiday accrued during any such Garden Leave Period will be deemed to be taken by the Executive during the Garden Leave Period.
15.6 At the end of the Garden Leave Period, the Company may, at its sole and absolute discretion, pay the Executive salary alone in lieu of the balance of any period of notice given by the Company or the Executive, (less any deductions the Company is required by law to make).
15.7 All duties of the Employment (whether express or implied), including without limitation the Executive’s duties of fidelity, good faith and exclusive service, shall continue throughout the Garden Leave Period save as expressly varied by this clause.
Appears in 1 contract
Garden Leave. 12.1 Neither the Company nor any Group Company is under any obligation to provide the Executive with any work. At any time after notice to terminate the Employment is given by either party the US Company or the Executive under clause 11 aboveabove (except as provided for in clause 11.7), or if the Executive resigns without Good Reason or without giving due notice and the US Company does not accept the his resignation, the US Company may require the Executive to comply with any or all of the provisions in clauses 12.2 and 12.3 for a maximum period of six months (the “"Garden Leave Period”").
12.2 The Executive will not, without prior written consent of the US Board, be employed or otherwise engaged in the conduct of any activity, whether or not of a business nature during the Garden Leave Period. Further, the Executive will not, unless requested by the US Company:
12.2.1 enter or attend the premises of the US Company or any other Group Company; or
12.2.2 contact or have any communication with any customer or client of the US Company or any other Group Company in relation to the business of the US Company or any other Group Company; or
12.2.3 contact or have any communication with any employee, officer, director, agent or consultant of the US Company or any other Group Company in relation to the business of the US Company or any other Group Company; or
12.2.4 remain or become involved in any aspect of the business of the US Company or any other Group Company except as required by such companies.
12.3 The US Company may require the Executive:
12.3.1 to comply with the provisions of clause 15, save that the Executive will not be required to return the Company car until the termination date; and
12.3.2 to immediately resign from any directorship which they hold he holds in the UK Company, any other Group Company or any other company where such directorship is held as a consequence or requirement of the Employment, unless they are he is required to perform duties to which any such directorship relates in which case they he may retain such directorships while those duties are ongoing. The Executive hereby irrevocably appoints the US Company to be the Executive’s his attorney to execute any instrument and do anything in the Executive’s his name and on the Executive’s his behalf to effect their his resignation if they fail he fails to do so in accordance with this clause 12.3.2.
12.4 During the Garden Leave Period, the Executive will be entitled to receive his salary and benefits. Any unused holiday accrued at the commencement of the Garden Leave Period and any holiday accrued during any such Period will be deemed to be taken by the Executive during the Garden Leave Period.
12.5 At the end of, or at any time during, the Garden Leave Period, the US Company may, at its sole and absolute discretion, pay the Executive salary and benefits as set forth in clause 11.3 in lieu of the balance of any period of notice given by the US Company or the Executive (less any deductions required by law).
12.6 All duties of the Employment (whether express or implied), including without limitation the Executive's duties of fidelity, good faith and exclusive service, shall continue throughout the Garden Leave Period save as expressly varied by this clause.
Appears in 1 contract
Garden Leave. 12.1 Neither the Company nor any Group Company is under any obligation to provide the Executive with any work. At any time after notice to terminate the Employment is given by either party under clause 11 above, or if the Executive resigns without giving due notice and the Company does not accept the his resignation, the Company may require the Executive to comply with any or all of the ofthe provisions in clauses 12.2 and 12.3 for a maximum period of six months (the “Garden Leave Period”).
12.2 The Executive will not, without prior written consent of the Board, be employed or otherwise engaged in the conduct of any activity, whether or not of a business nature during the Garden Leave Period. Further, the Executive will not, unless requested by the Company:
12.2.1 enter or attend the premises of the Company or any other Group Company; or
12.2.2 contact or have any communication with any customer or client of the Company or any other Group Company in relation to the business of the Company or any other Group Company; or
12.2.3 contact or have any communication with any employee, officer, director, agent or consultant of the Company or any other Group Company in relation to the business of the Company or any other Group Company; or
12.2.4 remain or become involved in any aspect of the business of the Company or any other Group Company except as required by such companies.
12.3 The Company may require the Executive:
12.3.1 to comply with the provisions of clause 15, save that the Executive he will not be required to return the Company car until the termination datehis company car; and
12.3.2 to immediately resign from any directorship which they hold he holds in the Company, any other Group Company or any other company where such directorship is held as a consequence or requirement of the Employment, unless they are he is required to perform duties to which any such directorship relates in which case they he may retain such directorships while those duties are ongoing. The Executive hereby irrevocably appoints the Company to be the Executive’s his attorney to execute any instrument and do anything in the Executive’s his name and on the Executive’s his behalf to effect their his resignation if they fail he fails to do so in accordance with this clause 12.3.2. Back to Contents
12.4 During the Garden Leave Period, the Executive will be entitled to receive his salary and all contractual benefits (for example, his Company car, if any) in accordance with the terms of this agreement. Any unused holiday accrued at the commencement of the Garden Leave Period and any holiday accrued during any such Period will be deemed to be taken by the Executive during the Garden Leave Period.
12.5 At the end of the Garden Leave Period, the Company may, but shall not in any way be obliged, to exercise its rights under clause 11.4 and clause 11.5 to pay the Executive salary alone in lieu of the balance of any period of notice given by the Company or the Executive, (less any deductions the Company is required by law to make).
12.6 All duties of the Employment (whether express or implied), including without limitation the Executive’s duties of fidelity, good faith and exclusive service, shall continue throughout the Garden Leave Period save as expressly varied by this clause.
Appears in 1 contract
Garden Leave. 12.1 22.1 Neither the Company nor any Group Company is under any obligation to provide the Executive with any work. At any time after notice to terminate the Employment is given by either party under clause 11 aboveparty, or if the Executive resigns without giving due notice and the Company does not accept the Executive’s resignation, the Company may may, at its absolute discretion, require the Executive to comply with any or all of the provisions in clauses 12.2 and 12.3 for take a maximum period of six months absence called garden leave (the “Garden Leave Period”). The provisions of this clause shall apply to any Garden Leave Period.
12.2 22.2 The Company may require that the Executive will not, without prior written consent of the Board, be employed or otherwise engaged in the conduct of any activity, whether or not of a business nature nature, during the Garden Leave Period. Further, if so requested by the Company, the Executive will not, unless requested by the Company:
12.2.1 22.2.1 enter or attend the premises of the Company or any other Group Company; or
12.2.2 22.2.2 contact or have any communication with any hotel owner, guest, customer or client of the Company or any other Group Company or other third party with whom the Company or other Group Company has business relations, in each case in relation to the business of the Company or any other Group CompanyCompany (other than purely social contact); or
12.2.3 22.2.3 contact or have any communication with any employee, officer, director, agent or consultant of the Company or any other Group Company in relation to the business of the Company or any other Group CompanyCompany (other than purely social contact); or
12.2.4 22.2.4 remain or become involved in any aspect of the business of the Company or any other Group Company except as required by such companies.
12.3 22.3 The Company may require the Executive:
12.3.1 22.3.1 to comply with the provisions of clause 15, save that the Executive will not be required to return the Company car until the termination dateClause 24; and
12.3.2 22.3.2 to immediately resign from any directorship directorship, trusteeships or other offices which they hold the Executive holds in the Company, any other Group Company or any other company where such directorship or other office is held as a consequence or requirement of the Employment, unless they are the Executive is required to perform duties to which any such directorship directorship, trusteeship or other office relates in which case they the Executive may retain such directorships directorships, trusteeships or other offices while those duties are ongoing. .
22.4 The Executive hereby irrevocably appoints the Company to be the Executive’s attorney to execute any instrument and do anything in the Executive’s name and on behalf of the Executive to effect the Executive’s behalf to effect their resignation if they fail the Executive fails to do so in accordance with Clause 22.3.2.
22.5 During the Garden Leave Period, the Executive will be entitled to receive the Executive’s salary and all benefits in accordance with the terms of this clause 12.3.2agreement. Any unused holiday accrued at the commencement of the Garden Leave Period and any holiday accrued during any such period will be deemed to be taken by the Executive during the Garden Leave Period.
22.6 At the end of the Garden Leave Period, the Company may, at its sole and absolute discretion, pay the Executive salary in lieu of the balance of any period of notice (less any deductions the Company is required by law to make).
Appears in 1 contract
Samples: Employment Agreement (Intercontinental Hotels Group PLC /New/)