Officer Agreement Sample Clauses
An Officer Agreement clause defines the terms and conditions under which an individual serves as an officer of a company. It typically outlines the officer's duties, compensation, term of service, and grounds for removal or resignation. For example, it may specify the officer's responsibilities, reporting structure, and any confidentiality or non-compete obligations. The core function of this clause is to formalize the relationship between the company and its officers, ensuring both parties understand their rights and obligations, and to provide a clear framework for managing the officer's role within the organization.
Officer Agreement. The Officer Agreements shall have been executed, and delivered to Buyer, and such agreements shall be in full force and effect as of the Effective Time and such Persons shall not have indicated an intention not to commence employment with Buyer.
Officer Agreement. ▇▇▇ ▇▇▇▇▇▇ shall have entered into the agreement set forth in Paragraph 5.01(f) hereof.
Officer Agreement. The Officer Agreement in the form attached hereto as Exhibit C shall have been executed by ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ (and he shall not have advised ▇▇▇▇▇ that he intends to breach such agreement) and delivered to Buyer.
Officer Agreement. Murd▇▇▇ ▇▇▇ll have delivered to ABI the Officer Agreement from Robe▇▇ ▇. ▇▇▇▇▇▇▇▇▇.
Officer Agreement. The individual identified on Exhibit B shall have executed, and delivered to Buyer, his Officer Agreement and such agreement shall be in full force and effect as of the Effective Time and such Person shall not have indicated an intention not to commence employment with Buyer.
Officer Agreement. On or before the date of Closing, Murd▇▇▇ ▇▇▇ll deliver to ABI an agreement from Robe▇▇ ▇. ▇▇▇▇▇▇▇▇▇ ▇▇ a form satisfactory to ABI and its counsel (the "Officer Agreement") to the effect that (a) the option to purchase 14,000 shares of Murd▇▇▇ ▇▇▇mon Stock referenced in Section 5.3(a) of this Agreement constitutes all of the options, warrants, rights to subscribe to or acquire, or otherwise receive shares of Murd▇▇▇ ▇▇▇mon Stock from, or issued by, Murd▇▇▇ ▇▇▇er any agreement, contract, or other instrument or commitment, written or oral, whether as a result of his employment or otherwise, and that he has no other right or claim to any additional shares of Murd▇▇▇ ▇▇▇mon Stock or rights to acquire Murd▇▇▇ ▇▇▇mon Stock, and (b) Mr. ▇▇▇▇▇▇▇▇▇ ▇▇▇ves his right, if any, to any additional compensation payable to him under Section Seven of the Amended and Restated Employment Agreement by and between Murd▇▇▇ ▇▇▇ Mr. ▇▇▇▇▇▇▇▇▇ ▇▇▇ed August 29, 1995 upon a "change of control" as defined therein, provided that he is retained by the Surviving Corporation and his base compensation which, as of the date of this Agreement is $102,500 annually, is not reduced and the Surviving Corporation specifically assures Murd▇▇▇'▇ ▇▇▇igations under such Restated Employment Agreement and performs in accordance with the terms thereof.
Officer Agreement. The Officer Agreement shall have been executed by the proposed respective parties thereto (and such parties shall not have advised Nicolet that they intend to breach any such agreements) and delivered to Nicolet.