Part-Time Employment Period Sample Clauses

Part-Time Employment Period. Unless the Retirement Date has occurred prior thereto, beginning on January 29, 2017 and up to and including the earlier of (i) June 23, 2017, or (ii) the Retirement Date, Employee shall receive a reduced bi-weekly salary of $19,134.61 per pay period, less applicable taxes and withholdings. Payment of the reduced salary shall be made in bi-weekly installments consistent with the Company’s payroll practices.
Sample 1
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Part-Time Employment Period a. From September 1, 2001 through September 1, 2002, Executive shall continue as a part-time employee of the Company for a one-year term (the "Part-Time Employment Period"). Employee's employment with the Company shall terminate at the end of the Part-Time Employment Period. Executive recognizes that he is committing to remain as a part-time employee with the Company through the end of the Part-Time Employment Period and he agrees not to voluntarily terminate his employment with the Company during the Part-Time Employment Period. Likewise, the Company may not terminate Executive's employment during such period except for cause. Cause shall exist if the Executive: (1) materially breaches this Agreement or the Employee Proprietary Information and Inventions Agreement, which is referenced in Section 11 hereof; (2) fails to perform his duties after receipt of written notice of such failure and a reasonable opportunity to cure; (3) commits any breach of fiduciary duty or act of theft, misappropriation, embezzlement, intentional fraud or other violation of the law or similar conduct involving the Company or any affiliate; (4) receives a conviction or enters a plea of Nolo Contendere or the equivalent in respect of a felony involving an act of dishonesty, moral turpitude, deceit or fraud; or (5) willfully or negligently causes any damage of a material nature to the business or property of the Company or any affiliate. If the Company terminates Executive without cause during the Part-Time Employment Period, or his employment terminates as a result of Executive's death or permanent disability, he (or his estate) shall continue to receive the same pay and benefits as if though his employment had continued through the end of the Part-Time Employment Period.
Sample 1
Part-Time Employment Period. 4.1 Beginning on June 1, 1999, Executive shall convert from a full-time to a part-time employee. The Executive will continue to be employed by the Company as a part-time employee through May 31, 2000, or until the Executive resigns his employment in writing, or the Company terminates Executive's employment for cause (as defined below), whichever occurs first ("Employment Period"). The Company shall not terminate Executive's employment during the Employment Period, except for cause, which is defined as: (1) Executive's material and willful breach of this Agreement after written notice of such breach and a reasonable opportunity to cure such breach; or (2) Executive's material and willful breach of the Employee Invention and Confidential Information Agreement, which Executive signed on October 28, 1996 (a copy of which is attached hereto), after written notice of such breach and a reasonable opportunity to cure such breach. Unless terminated for cause (which results in immediate termination), Executive's employment will terminate at the conclusion of the Employment Period (the "Termination Date"). Upon termination of employment, vesting of Executive's stock options shall cease (except as provided in paragraph 5(b) herein), as will the company's obligation to provide salary to Executive and to make COBRA payments on his behalf. Executive's funds, invested in the NQDC, if any, shall be treated in accordance with the NQDC.
Sample 1
Part-Time Employment Period. (a) In the event the Employment Term is terminated by (i) Employer pursuant to Paragraph 7(a)(i) or without Cause during the 12-month period commencing on the date hereof or (ii) by Executive pursuant to Paragraph 8(a), then, during the period commencing on the date of such termination and ending on the fifth anniversary of the date hereof (such period, the “Part-Time Employment Period”), Employer agrees to employ Executive, and Executive agrees to be so employed, on a part-time basis, on the terms and subject to the conditions set forth herein. Notwithstanding anything to the contrary set forth in this Agreement, the Part-Time Employment Period may be earlier terminated pursuant to the terms hereof.
Sample 1
Part-Time Employment Period. Following the Part-Time Date, the Company shall continue to employ Executive on a part-time basis under the terms set forth below:
Sample 1
Part-Time Employment Period. Executive will be employed as a part-time employee beginning on the day following the Part-Time Date and ending on the fourth anniversary of the Part-Time Date, unless terminated earlier as set forth in this Agreement (the “Part-Time Employment Period”).
Sample 1
Part-Time Employment Period. From January 1, 2002 through and including July 5, 2004 (the "Part-Time Employment Period"), (i) Employee shall serve as a part-time employee of Company and shall have such duties and responsibilities as are assigned to him by the Chairman and Chief Executive Officer of Company, (ii) Employee shall report directly to the Chairman and Chief Executive Officer of Company and (iii) Employee shall make himself available to devote at least 90 days (i.e. 65 working days based upon a 5-day work week) per annum to the affairs of the Company at such times as the Company shall reasonably request.
Sample 1
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Part-Time Employment Period. “Part-Time Employment Period “ means the time period commencing at the end of the Full-Time Employment Period and ending on the earlier of:
Sample 1
Part-Time Employment Period. During the eighteen-month period commencing immediately upon expiration of the Full-Time Employment Period (the “Part-Time Employment Period” and, together with the Full-Time Employment Period, the “Employment Period”), Employer shall continue to engage Executive on a part-time basis. Executive shall be required to perform up to 40 hours of services (in eight-hour, one -day increments) for Employer in each consecutive 90-day period during the Part-Time Employment Period, during such weeks that are mutually agreeable to Executive and Employer, and shall continue to have such responsibilities, duties and authority as may from time to time be assigned to Executive by Executive’s supervisor. Executive will continue to perform his duties at the offices of Employer to be located from time to time in or near Santa Clara, California, provided that Executive may be required to do reasonable traveling in connection with the performance of his duties hereunder.
Sample 1

Related to Part-Time Employment Period

  • Termination of Employment Period The employment of the Employee by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:

  • Expiration of Employment Period If Executive’s employment shall be terminated due to the normal expiration of the Employment Period, this Agreement shall terminate without further obligations to Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits.

  • Employment Period Compensation In consideration of the other provisions of this Agreement, and the Executive’s agreement to execute a Release Agreement, substantially in the form attached hereto as Exhibit B, in the event of his termination under relevant circumstances pursuant to which he would be paid severance benefits, ESC shall provide the Executive with the following payments and benefits, both those set forth in this section and elsewhere in this Agreement:

  • Employment Period; Remaining Unexpired Employment Period (a) The terms and conditions of this Agreement shall be and remain in effect during the period of employment established under this Section 2 (“Employment Period”). The Employment Period shall be for an initial term of three (3) years beginning on the date of this Agreement and ending on the third anniversary date of this Agreement, plus such extensions, if any, as are provided pursuant to Section 2(b).

  • During Employment During Employee’s employment hereunder, Employee shall not engage, directly or indirectly, as an employee, officer, director, partner, manager, consultant, agent, owner (other than a minority shareholder or other equity interest of not more than 1% of a company whose equity interests are publicly traded on a nationally recognized stock exchange or over-the-counter) or in any other capacity, in any competition with the Company or any of its subsidiaries.

  • Employment Termination Date The Employment Termination Date shall be as follows: (i) if the Executive’s employment is terminated by Executive’s death, the date of Executive’s death; (ii) if the Executive’s employment is terminated pursuant to any other provision of this Agreement, the date specified in the Notice of Termination (the “Employment Termination Date”).

  • Employment Period The Company hereby agrees to continue the Executive in its employ, and the Executive hereby agrees to remain in the employ of the Company subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on the third anniversary of such date (the "Employment Period").

  • Re-Employment If a Participant who incurs a Separation from Service is subsequently re-employed, he or she may, at the sole and absolute discretion of the Plan Administrator, become a Participant in accordance with the provisions of the Plan.

  • Severance Period For purposes of this Agreement, “Severance Period” means the period of time commencing immediately after Executive’s separation of service from the Company through the date that is six (6) months following such separation date, plus an additional two (2) months for every fully completed Year of Service; provided, however, that in all cases the Severance Period will end no later than on the twelve (12)-month anniversary of the date of Executive’s termination of employment.

  • Period of Employment The “Period of Employment” shall be a period of three (3) years commencing on the Employment Commencement Date and ending at the close of business on the third (3rd) anniversary of the Employment Commencement Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives notice, in writing, at least thirty (30) days prior to the expiration of this Agreement and the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Agreement or modify its terms. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Constructive Termination” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

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