Performance of Services for Related Companies. In addition to the performance of services for Asterias, Executive shall, to the extent so required by Asterias, also perform services for one or more members of a consolidated group of which Asterias is a part ("Related Company"), provided that such services are consistent with the kind of services Executive performs or may be required to perform for Asterias under this Agreement. If Executive performs any services for any Related Company, Executive shall not be entitled to receive any compensation or remuneration in addition to or in lieu of the compensation and remuneration provided under this Agreement on account of such services for the Related Company. The Policies will govern Executive’s employment by Asterias and any Related Companies for which Executive is asked to provide Services. In addition, Executive covenants and agrees that Executive will faithfully adhere to and fulfill such additional policies as may established from time to time by the board of directors of any Related Company for which Executive performs services, to the extent that such policies and procedures differ from or are in addition to the Policies adopted by Asterias.
Appears in 7 contracts
Samples: Employment Agreement (Asterias Biotherapeutics, Inc.), Employment Agreement (Asterias Biotherapeutics, Inc.), Employment Agreement (Asterias Biotherapeutics, Inc.)
Performance of Services for Related Companies. In addition to the performance of services for Asterias, Executive shall, to the extent so required by Asterias, also perform services for one or more members of a consolidated group of which Asterias is a part ("Related Company"), provided that such services are consistent with the kind of services Executive performs or may be required to perform for Asterias under this Agreement. If Executive performs any services for any Related Company, Executive shall not be entitled to receive any compensation or remuneration in addition to or in lieu of the compensation and remuneration provided under this Agreement on account of such services for the Related Company. The Policies will govern Executive’s employment by Asterias and any Related Companies Company for which Executive is asked to provide Services. In addition, Executive covenants and agrees that Executive will faithfully adhere to and fulfill such additional policies as may be established from time to time by the board of directors of any Related Company for which Executive performs services, to the extent that such policies and procedures are provided to Executive and differ from or are in addition to the Policies adopted by Asterias.
Appears in 2 contracts
Samples: Employment Agreement (Biotime Inc), Employment Agreement (Asterias Biotherapeutics, Inc.)
