Obligation of Employee Sample Clauses

Obligation of Employee. 1. Following to the legal provisions, regulations, etc, to guarantee the right of the employers. 2. Complying with policy of employer compiled, which is under the legal provision and regulations. 3. Keeping the business secret if not, making the lose of the employer, the employee have to pay the economic compensation. 4. Be responsible for the work obligation, protecting the facilities and utilizes; keeping the standards of time, quality and quantity for the work target.
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Obligation of Employee. In the event of a tender or exchange offer, ---------------------- proxy contest, or the execution of any agreement which, if consummated, would constitute a Change in Control, Employee agrees not to voluntarily leave the employ of the Employer, other than as a result of Disability, Retirement (following age sixty (60)) or an event which would constitute Good Reason if a Change in Control had occurred, until the Change in Control occurs or, if earlier, such tender or exchange offer, proxy contest, or agreement is terminated or abandoned; provided, however, that such obligation shall not -------- ------- extend for a period exceeding one hundred and eighty (180) days from the initial event resulting in the obligation under this Section 2.
Sample 1
Obligation of Employee. Employee shall hold and maintain the Confidential Information in strictest confidence for the sole and exclusive benefit of FBS. Employee shall carefully restrict access to Confidential Information to FBS, employees, contractors, and other third parties as is reasonable required and shall require those persons to sign nondisclosure restrictions at least as protective as this Agreement. Employee shall not, without prior written approval of FBS, use for Employee’s own benefit, publish, copy, or otherwise disclose to others, or permit the use by others for their benefit to the detriment of FBS, any Confidential Information. Employee shall return to FBS any and all records, notes, and other written, printed, or tangible materials in their possession pertaining to Confidential Information immediately at the request of FBS.
Sample 1
Obligation of Employee. 3.1 Employee's obligation under this Agreement shall be to perform the duties required of him as President and Chief Executive Officer of the Employer and such other duties as reasonably associated with such positions and as may be reasonably requested by the Board of Directors of the Employer.
Sample 1
Obligation of Employee. For purposes of this Article 3, all references to Employer shall mean and include its Affiliates. To the extent necessary to perform his duties hereunder, Employer will give Employee access to pertinent Confidential Information (defined below) of Employer. In addition, because of the nature of Employee's duties and responsibilities to Employer, Employee from time to time will have access or be exposed to certain Confidential Information of Employer. Employee hereby acknowledges, understands and agrees that all Confidential Information, whether developed by Employee or others employed by or in any way associated with Employee or Employer, is the exclusive and confidential property of Employer and shall be at all times regarded? treated and protected as such in accordance with this Agreement. Failure to xxxx any writing confidential shall not affect the confidential nature of such writing or the information contained therein.
Sample 1

Related to Obligation of Employee

  • Termination of Employment Executive's employment hereunder may be terminated under the following circumstances:

  • Compensation of Employee Employer shall pay Employee, and Employee shall accept from Employer, in full payment for Employee's services hereunder, compensation as follows:

  • Cessation of Employment In the event Executive shall cease to be employed by the Company for any reason, then Executive's compensation and benefits shall cease on the date of such event, except as otherwise provided herein or in any applicable employee benefit plan or program.

  • Termination of Employment Severance Your immediate supervisor or the Company's Board of Directors may terminate your employment, with or without cause, at any time by giving you written notice of your termination, such termination of employment to be effective on the date specified in the notice. You also may terminate your employment with the Company at any time. The effective date of termination (the "Effective Date") shall be the last day of your employment with the Company, as specified in a notice by you, or if you are terminated by the Company, the date that is specified by the Company in its notice to you. The following subsections set forth your rights to severance in the event of the termination of your employment in certain circumstances by either the Company or you. Section 5 also sets forth certain restrictions on your activities if your employment with the Company is terminated, whether by the Company or you. That section shall survive any termination of this Agreement or your employment with the Company.

  • Other Termination of Employment In the event of your voluntary termination (other than a Retirement subject to Section 2(c) or a Qualifying Termination subject to Section 2(f)), or termination by the Company or a subsidiary of the Company for misconduct or other conduct deemed by the Company to be detrimental to the interests of the Company or a subsidiary of the Company, you shall forfeit all unvested RSUs on the date of termination.

  • Termination of Employees Agent may in its discretion stop using any Retained Employee at any time during the Sale, subject to the conditions provided for herein. In the event that Agent desires to cease using any Retained Employee, Agent shall notify Merchant at least seven (7) days prior thereto, so that Merchant may coordinate the termination of such employee; provided, however, that, in the event that Agent determines to cease using an employee “for cause” (which shall consist of dishonesty, fraud or breach of employee duties), the seven (7) day notice period shall not apply, provided further, however, that Agent shall immediately notify Merchant of the basis for such “cause” so that Merchant can arrange for termination of such employee. From and after the date of this Agreement and until the Sale Termination Date, Merchant shall not transfer or dismiss Retained Employees except “for cause” without Agent’s prior consent. Notwithstanding the foregoing, Agent shall not have the right to terminate the actual employment of any Retained Employee, but rather may only cease using such employee in the Sale and paying any Expenses with respect to such employee.

  • Involuntary Termination of Employment If the Executive does not exercise his withdrawal rights pursuant to Subsection 2.2, and the Executive's employment with the Bank is involuntarily terminated for any reason, including a termination due to disability of the Executive but excluding termination for Cause, or termination following a Change in Control within thirty-six (36) months of such Change in Control, within thirty (30) days of such involuntary termination of employment, the Bank shall be required to make an immediate lump sum Contribution to the Executive's Retirement Income Trust Fund in an amount equal to: (i) the full Contribution required for the Plan Year in which such involuntary termination occurs, if not yet made, plus (ii) the present value (computed using a discount rate equal to the Interest Factor) of all remaining Contributions to the Retirement Income Trust Fund; provided however, that, if necessary, an additional amount shall be contributed to the Retirement Income Trust Fund which is sufficient to provide the Executive with after tax benefits (assuming a constant tax rate equal to the rate in effect as of the date of the Executive's termination) beginning at his Benefit Age, equal in amount to that benefit which would have been payable to the Executive if no secular trust had been implemented and the benefit obligation had been accrued under APB Opinion No. 12, as amended by FAS 106.

  • Condition of Employment The Employee acknowledges that his/her employment and the continuance of that employment with the Company is contingent upon his/her agreement to sign and adhere to the provisions of this Agreement. The Employee further acknowledges that the nature of the Company’s business is such that protection of its proprietary and confidential information is critical to its survival and success.

  • Termination of Employment and Severance Benefits The Executive’s employment hereunder shall terminate under the following circumstances:

  • Qualifying Termination of Employment A “Qualifying Termination of Employment” shall mean a termination of Executive’s employment during the Protected Period either (a) by the Company other than for Cause or (b) by Executive for a Good Reason. The Executive’s death or Disability during the Protected Period shall not constitute a Qualifying Termination of Employment.

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