Common use of months of employment Clause in Contracts

months of employment. (a) If the Executive’s employment is terminated voluntarily at any time during the first 90 days, all Founder shares are forfeited and returned to the Company, (b) If the Executive’s employment is terminated voluntarily at any time after the first 90 days, 90% of the Founder shares are forfeited and returned to the Company. Executive Employment Agreement is hereby amended according to the General Provisions-Section 14 Sub-section (a) by the signature of the Executive acknowledging this Amendment. Executive Company /s/ Xxxxxx Xxxxx /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxx Xxxxxx Xxxxxxx, Chief Executive Officer

Appears in 1 contract

Samples: Director and Executive Employment Agreement (Superior Silver Mines Inc)

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months of employment. (a) If the Executive’s employment is terminated voluntarily at any time during the first 90 days, all Founder shares are forfeited and returned to the Company, (b) If the Executive’s employment is terminated voluntarily at any time after the first 90 days, 90% of the Founder shares are forfeited and returned to the Company. Executive Employment Agreement is hereby amended according to the General Provisions-Section 14 Sub-section (a) by the signature of the Executive acknowledging this Amendment. Executive Company /s/ Xxxxxx Xxxxx Ownkar Xxxxxxx /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxx Ownkar Xxxxxxx Xxxxxx Xxxxxxx, Chief Executive Officer

Appears in 1 contract

Samples: Executive Employment Agreement (Superior Silver Mines Inc)

months of employment. (a) If the Executive’s employment is terminated voluntarily at any time during the first 90 days, all Founder shares are forfeited and returned to the Company, . (b) If the Executive’s employment is terminated voluntarily at any time after the first 90 days, 90% of the Founder shares are forfeited and returned to the Company. Executive Employment Agreement is hereby amended according to the General Provisions-Section 14 Sub-section (a) by the signature of the Executive acknowledging this Amendment. Executive Company /s/ Xxxxxx Xxxxx /s/ Xxxxxxx Xxxxxx Xxxxxxx Xxxxxx /s/ Xxxxxxx Xxxxx Xxxxxx XxxxxxxXxxxxxx Xxxxx, Chief Executive Operating Officer

Appears in 1 contract

Samples: Employment Agreement (Superior Silver Mines Inc)

months of employment. (a) If the Executive’s employment is terminated voluntarily at any time during the first 90 days, all Founder shares are forfeited and returned to the Company, . (b) If the Executive’s employment is terminated voluntarily at any time after the first 90 days, 90% of the Founder shares are forfeited and returned to the Company. Executive Employment Agreement is hereby amended according to the General Provisions-Section 14 Sub-section (a) by the signature of the Executive acknowledging this Amendment. Executive Company /s/ Xxxxxx Xxxxx Xxxx X. Xxxxxxx /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxx Xxxx X. Xxxxxxx Xxxxxx Xxxxxxx, Chief Executive Officer

Appears in 1 contract

Samples: Executive Employment Agreement (Superior Silver Mines Inc)

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months of employment. (a) If the Executive’s employment is terminated voluntarily at any time during the first 90 days, all Founder shares are forfeited and returned to the Company, . (b) If the Executive’s employment is terminated voluntarily at any time after the first 90 days, 90% of the Founder shares are forfeited and returned to the Company. Executive Employment Agreement is hereby amended according to the General Provisions-Section 14 Sub-section (a) by the signature of the Executive acknowledging this Amendment. Executive Company /s/ Xxxxxx Xxxxx Xxxxxx /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxx Xxxxxx Xxxxxx Xxxxxxx, Chief Executive Officer

Appears in 1 contract

Samples: Executive Employment Agreement (Superior Silver Mines Inc)

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