Restatement of Original Employment Agreement Sample Clauses

Restatement of Original Employment Agreement. Except as stated herein, the Company and Employee agree to restate and fully incorporate by reference herein the terms and conditions of the Employment Agreement dated April 22, 2013 between the parties (the “Original Employment Agreement”).
Sample 1
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Restatement of Original Employment Agreement. With effect from the date first written above, the First Restated Agreement is hereby amended and restated in its entirety so that Employee's continuing duties and obligations to the Company shall henceforth be governed by the terms contained herein (as so amended and restated, the "Second Restated Agreement"). Employee acknowledges and agrees that the Company has satisfied in full all of its obligations to Employee contained under the First Restated Agreement. Following the effective date of this Second Restated Agreement, Employee agrees that the First Restated Agreement, as originally executed by the parties, shall have no force or effect.
Sample 1
Restatement of Original Employment Agreement. With effect from the date first written above, the Original Employment Agreement is hereby amended and restated in its entirety so that Employee's continuing duties and obligations to the Company as the Company's Chief Operating Officer shall henceforth be governed by the terms contained herein (as so amended and restated, the "Restated Agreement") . Employee acknowledges and agrees that the Company has satisfied in full all of its obligations to Employee contained under Section 3 of the Original Employment Agreement. Following the effective date of this Restated Agreement, Employee agrees that the Original Employment Agreement, as originally executed by the parties, shall have no force or effect.
Sample 1
Restatement of Original Employment Agreement. Upon the execution of this Agreement by each of Executive and the Company, this Agreement shall restate and supersede the Original Employment Agreement and, upon such execution hereof, the Original Employment Agreement shall be superceded in full hereby. Any provision contained in this Agreement that refers to or is dependent upon the time period during which Executive has been employed by the Company shall take into account and include periods prior to the date hereof during which Executive was employed by the Company, and the restatement of the Original Employment Contract shall not be deemed a termination or any cessation of Executive's employment by the Company. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
Sample 1
Restatement of Original Employment Agreement. With effect from the date first written above, the noted previous employment agreement is hereby amended and restated in its entirety so that your continuing duties and obligations to Zion Oil & Gas Inc., a Delaware corporation (the "Company") shall henceforth be governed by the terms contained herein (as so amended and restated, the "Letter Agreement"). You acknowledge and agree that the Company has satisfied in full all of its obligations to you contained under the said previous employment agreement. Following the effective date of this Agreement, you agree that the previous employment agreement as originally executed by the parties, shall have no force or effect. The terms of this Letter Agreement are as set forth below:
Sample 1

Related to Restatement of Original Employment Agreement

  • Amendments to Employment Agreement Effective as of the date hereof, the Employment Agreement shall be amended as provided in this Section 1.

  • Amendment of Employment Agreement The Employment Agreement is hereby amended as follows:

  • Amendment to Employment Agreement The Employment Agreement is hereby amended as follows:

  • of the Employment Agreement Section 4.4.3 of the Employment Agreement is hereby amended and restated in its entirety to read as follows:

  • Duration of Agreement; Not Employment Contract This Agreement shall continue until and terminate upon the latest of: (i) ten (10) years after the date that Indemnitee shall have ceased to serve as director, officer, employee or agent of the Company or any other Enterprise, (ii) one (1) year after the date of final termination of any Proceeding, including any appeal, then pending in respect of which Indemnitee is granted rights of indemnification or advancement hereunder and of any proceeding, including any appeal, commenced by Indemnitee pursuant to Section 12 of this Agreement relating thereto or (iii) the expiration of all statutes of limitation applicable to possible Proceedings to which Indemnitee may be subject arising out of Indemnitee’s Corporate Status. The indemnification provided under this Agreement shall continue as to the Indemnitee even though he or she may have ceased to be a director or officer of the Company or of any of the Company’s direct or indirect subsidiaries or to have Corporate Status. This Agreement shall be binding upon the Company and its successors and assigns and shall inure to the benefit of Indemnitee and Indemnitee’s heirs, executors and administrators. The Company shall require and cause any successor, and any direct or indirect parent of any successor, whether direct or indirect by purchase, merger, consolidation or otherwise, to all, substantially all or a substantial part, of the business and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. This Agreement shall not be deemed an employment contract between the Company (or any of its subsidiaries or any other Enterprise) and Indemnitee. Indemnitee specifically acknowledges that Indemnitee’s employment with the Company (or any of its subsidiaries or any other Enterprise), if any, is at will, and Indemnitee may be discharged at any time for any reason, with or without cause, except as may be otherwise provided in any written employment contract between Indemnitee and the Company (or any of its subsidiaries or any other Enterprise), other applicable formal severance policies duly adopted by the Board, or, with respect to service as a director of the Company, by the Certificate of Incorporation, the Bylaws or the DGCL.

  • Compensation; Employment Agreements; Etc Enter into or amend or renew any employment, consulting, severance or similar agreements or arrangements with any of its directors, officers or employees or those of its subsidiaries or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (1) for normal individual increases in compensation to employees (other than executive officers or directors) in the ordinary course of business consistent with past practice, (2) for other changes that are required by applicable law and (3) to satisfy Previously Disclosed contractual obligations.

  • One Agreement This Agreement and any related security or other agreements required by this Agreement, collectively:

  • Effect on Employment Agreement Except as specifically amended in the manner and to the extent provided in Section 1 above, the Employment Agreement shall remain unchanged and the Employment Agreement shall continue, as and to the extent amended by this Amendment, in full force and effect.

  • Post-Agreement Employment In the event the Executive remains in the employ of the Company or any of its Affiliates following termination of this Agreement, by the expiration of the Term or otherwise, then such employment shall be at will.

  • Employment Agreement On the terms and conditions set forth in this Agreement, the Company agrees to employ the Executive and the Executive agrees to be employed by the Company for the Employment Period set forth in Section 2 hereof and in the position and with the duties set forth in Section 3 hereof. Terms used herein with initial capitalization are defined in Section 10.12 below.

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