Transition of Employment. The following are provisions regarding the transition of employees from other public fire service agencies that previously provided fire services within Orange County to employment with the Authority:
Transition of Employment a) Para-Educators transitioned from employment with a member District to employment with the Barre Supervisory Union shall retain their current rate of pay, seniority and or benefits provided under the terms of the negotiated Agreement. Such Para-Educators shall be recognized as members of the bargaining unit represented by their former District of employment.
Transition of Employment. Consultant shall remain employed by the Company as an employee at will through the Transition Date, on the same terms and conditions in effect as of the Effective Date; provided, that, during the period commencing on May 1, 2020 and ending on the Transition Date, Consultant shall receive a base salary of $100,000 per annum. Consultant agrees that, prior to the Transition Date, Consultant will continue to perform his or her duties, responsibilities and functions to the Company as are usual and customary for Consultant’s position, and shall not engage in any other employment, occupation, consulting or other business activity.
Transition of Employment. The Seller Parties and the Purchaser intend that the Transactions should not constitute a layoff or severance-triggering separation from employment of any Business Employee (other than those Executive Employees to whom the Purchaser or its Affiliate does not make an offer of employment in accordance with Section 7.06(b)) prior to or upon the occurrence of the Closing Date or the applicable Delayed Closing Date, as applicable, including for purposes of any Collective Bargaining Agreement. In furtherance of the foregoing, each Business Employee (other than those Executive Employees to whom the Purchaser or its Affiliate does not make an offer of employment in accordance with Section 7.06(b)) will be treated as resigning his or her employment with the Seller Parties and their Affiliates as of the Closing or the applicable Delayed Closing Date, as applicable. Notwithstanding anything in this Agreement to the contrary, the Purchaser or its Affiliates shall bear all the Liabilities relating to, and shall indemnify and hold harmless the Seller Indemnitees from and against, any claims made by any Business Employee (other than those Executive Employees to whom the Purchaser does not make an offer of employment in accordance with Section 7.06(b)) for any legally mandated payment obligations (including any compensation payable during a mandatory termination notice period and any payments pursuant to a Judgment of a court having jurisdiction over the parties hereto) and for any other claim or Liability related to compensation or benefits, in each case, solely to the extent directly or indirectly arising out of or in connection with the failure of the Purchaser or any of its Affiliates to make an offer of employment to such Business Employee in accordance with this Agreement and any claims relating to the employment of any Transferred Employee after the Closing or the applicable Delayed Closing Date, as applicable, in each case that arise from such Transferred Employee’s employment with Purchaser or its Affiliate, including in respect of any act or omission relating to the employment of any Transferred Employee on or after the Closing or the applicable Delayed Closing Date, as applicable. Notwithstanding the foregoing or anything to the contrary herein, except as may be mutually agreed by the parties in a Transaction Document, the Purchaser and its Affiliates shall have no Liability (x) to or with respect to those Business Employees who do not accept the Purchaser’s or...
Transition of Employment. Rivian and you acknowledge that your employment as Chief Financial Officer ended on January 19, 2021 (the “Transition Date”). Thereafter, your employment with Rivian has and will continue as Senior Vice President and Corporate Controller (RIV-11) (“SVP and Corporate Controller”) in accordance with the terms of this Agreement and the policies and procedures of Rivian. During the period from and including the Transition Date through the final date of your employment with Rivian, you will report to Rivian’s Chief Financial Officer. In your position as SVP and Corporate Controller, you will perform such duties as may be reasonably requested by Rivian from time to time to provide analysis, comments and guidance with respect to all areas of responsibility (directly and indirectly) under the direction and control of Rivian’s Chief Financial Officer.
Transition of Employment. We acknowledge your desire to retire from full-time employment as an executive officer with NUCRYST Pharmaceuticals Inc. (“NUCRYST”) and your willingness to remain on as a part time employee. Accordingly, this letter (“Letter Agreement”) sets forth the terms and conditions NUCRYST is prepared to offer to enable this transition to part-time status.
Transition of Employment. (a) The Executive shall resign his employment with the Company and shall no longer serve as an executive officer of the Company, effective as of the end of business on January 31, 2009 (the “Retirement Date”). Notwithstanding, the Executive shall continue his service as a member of the Board after the Retirement Date through the end of his term as director.
Transition of Employment. This offer of employment is being made in conjunction with the acquisition of Vitalware by HC. Your employment with HC is contingent upon the closing of this acquisition. By signing this offer letter, you agree to transition employment from your current employer (who has tasked you with duties for Vitalware) to new employment at HC, and the transfer of Personally Identifiable Information and other information to facilitate this transition of employment, and by signing below you consent to the sharing of this information with HC. Should your position, compensation, or benefits change over time the remaining sections of this agreement will still be valid. If any provision in this offer or compliance by you or HC with any provision of this offer constitutes a violation of any law, or is or becomes unenforceable or void, it will be deemed modified to the extent necessary so that it is no longer in violation of law, unenforceable or void, and such provision will be enforced to the fullest extent permitted by law. If such modification is not possible, said provision, to the extent that it is in violation of law, unenforceable or void, will be deemed severable from the remaining provisions of this offer, which provisions and terms will remain in effect. This offer is valid until August 10, 2020 and requires a written response by 12:00 pm (MT) on this date. You should keep a copy of this letter for your own records. If you have any questions regarding this offer, please contact xxxxxxxxxxxxxxxx@xxxxxxxxxxxxxx.xxx at your earliest convenience. We look forward to you joining the Health Catalyst team. Sincerely, Xxxxx Xxxxxxxx Chief People Officer xxxxx.xxxxxxxx@xxxxxxxxxxxxxx.xxx Acknowledgement of Understanding and Acceptance By signing below:
Transition of Employment. Effective as of August 31, 2011 (the “Transition Date”), Executive shall cease to be Executive Vice President–Commercial of Employer, provided that Executive shall continue to be employed by Employer as a full-time, non-officer employee following the Transition Date through the Retirement Date.
Transition of Employment. (a) The Executive shall resign his full-time employment with the Company, effective July 4, 2008 (the “Transition Date”). Effective as of the end of business on the Transition Date, Executive’s status shall convert to that of a part-time employee, and he shall no longer serve as an Executive Officer of the Company. Notwithstanding anything contained herein to the contrary, after the Transition Date, the Executive shall remain a Director of the Board of Directors of Coach (the “Board”). The Executive, however, will not be deemed an Outside Director and shall not receive additional compensation for such service to the Board. From the Transition Date until August 31, 2009 (the “Term”), the Executive’s employment with the Company shall be governed by this Agreement. The Executive’s job duties shall consist of consulting on an as-needed basis to Lxx Xxxxxxxxx, Coach’s Chairman and Chief Executive Officer, or such other corporate officer(s) as Mr. Frankfort shall designate. As consideration for the services the Executive performs during the Term, the Executive shall receive a salary for these services of $14,819 per month. The Executive is a party to an Employment Agreement, dated June 1, 2003 and amended by Letter Agreement, dated August 22, 2005 (collectively, the “Employment Agreement”). All terms not otherwise defined herein shall have the meaning set forth in the Employment Agreement. Upon the Transition Date, the Employment Agreement shall be deemed null and void except as provided for in this Agreement. Additionally, upon the Transition Date, Executive’s Extension Options shall be cancelled. As consideration for the services the Executive performs during the Term, the Executive shall remain eligible to receive continued vesting of all other stock options and restricted stock units during the period of his part-time employment, except for the Extension Options. Executive agrees that during the Term he shall not defer any compensation pursuant to Coach’s retirement or supplemental retirement plans for purposes of accruing additional benefits. This Agreement shall not effect the retirement benefits previously earned by the Executive (which includes, but is not limited to, all company matching and profit-sharing contributions with respect to fiscal year 2008 under Coach’s Savings and Profit Sharing Plan and Supplemental Retirement Plan, whether paid prior to or after the Transition Date). For the avoidance of doubt, the parties acknowledge and agree that, not...
