Transition Period Employment Sample Clauses

Transition Period Employment. During the period prior to the Transition Date and for the Transition Period, Executive shall continue to perform the job duties and responsibilities of Executive’s position with the Company under the current terms of the Employment Agreement with Company and the Company’s policies and procedures as directed by the CEO and the Board. Nothing herein changes the terms of employment or the Employment Agreement. Executive agrees to perform additional job duties and responsibilities as are assigned to Executive to assist in the transition by the Successor CEO during the Transition Period. Executive also agrees that the Successor CEO may in good faith reassign or reduce the duties and responsibilities of Executive during the Transition Period as the Successor CEO may determine, subject to any rights of the Executive under the Employment Agreement.
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Transition Period Employment. Upon the Effective Date, Executive will continue in the following employment roles (the period beginning on the Effective Date and ending on (and inclusive of) the Retirement Date are referred to as the “Transition Period”): (i) Continued CEO Role. As of and following the Effective Date, Executive will continue serving as CEO until June 30, 2023 (“Transition Date”). In this role, Executive will continue to serve as CEO, but he will report to the Chair of the Board and will assist in the transition of his duties and responsibilities to the Chair of the Board. As of the Effective Date, Executive xxxxxx agrees and acknowledges that Executive has resigned as a member of the Board. Executive agrees to take such actions and execute documents that the Company reasonably requests to effectuate his resignation as a member of the Board.
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Transition Period Employment. Effective May 5, 2000 and (subject to the next sentence) continuing through and including November 6, 2000 (the "Transition Period"), the Employee shall serve as an employee of the Company and agrees to be available periodically to the Company's Chief Executive Officer as and to the extent reasonably required by the Chief Executive Officer to assist the Chief Executive Officer in management and transition issues and for any public or investor issues. The Company shall not terminate the Employee's employment during the Transition Period except for cause as defined in Section 2.3(d) of Employee's Employment Agreement or pursuant to Section 25(d) of this Agreement. The Company agrees to provide the Employee with continued reasonable use of his e-mail address and voice mailbox during the transition period, subject to all Company policies, procedures and practices related to employee use of these services. Any appropriate and reasonable expenses incurred by the Employee in connection with his services to the Company during the Transition Period will be reimbursed promptly by the Company in accordance with its policies and practices in existence at the time the expense is submitted, PROVIDED, HOWEVER, that the Employee agrees to remit receipts for all such reimbursable expenses. The Employee understands that during the Transition Period he is not authorized to take any action on behalf of the Company, nor is he authorized to hold himself out as a representative or spokesperson of the Company unless any act or representation is authorized by the Company in writing in a document signed by the Company's Chief Executive Officer.
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Transition Period Employment. Upon the Effective Date, Executive will continue in the following employment roles (the period beginning on the Effective Date and ending on (and inclusive of) the Separation Date (defined below) are referred to as the “Transition Period”):
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Transition Period Employment. In order to facilitate an orderly transition of Employee’s duties as Executive Vice President & General Counsel of the Company (“GC”) to Employee’s successor, the Company agrees to continue to employ Employee, and Employee agrees to remain employed by the Company, beginning on the Effective Date and continuing until the date on which the Company notifies Employee in writing that a successor GC has been appointed (the “Transition Date”). The actual date of termination of Employee’s employment as GC shall be referred to herein as the “Separation Date”, and the period from the Effective Date through the Separation Date shall be referred to herein as the “Transition Period.”
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Transition Period Employment 
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Related to Transition Period Employment

  • Termination of Employment Period The Agreement Term shall terminate upon the occurrence of any of the following:

  • TERMINATION OF EMPLOYMENT CONTRACT This employment contract may be terminated by: A. Mutual agreement of the parties. B. The Facilities Manager may terminate this employment contract upon sixty (60) days written notice to the Board or the Superintendent, as the case may be.

  • 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”).

  • Leave When Employment Terminates When the employment of an employee is terminated for any reason, the employee or his/her estate shall, in lieu of earned but unused vacation leave, be paid an amount equal to the product obtained by multiplying the number of days of earned but unused vacation leave by the daily rate of pay applicable to the employee immediately prior to the termination of his/her employment.

  • 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). (b) Beginning on the date of this Agreement, the Employment Period shall automatically be extended for one (1) additional day each day, unless either the Company and the Bank, acting jointly, or the Executive elects not to extend the Agreement further by giving written notice to the other parties, in which case the Employment Period shall end on the third anniversary of the date on which such written notice is given. For all purposes of this Agreement, the term “Remaining Unexpired Employment Period” as of any date shall mean the period beginning on such date and ending on: (i) if a notice of non-extension has been given in accordance with this Section 2(b), the third anniversary of the date on which such notice is given; and (ii) in all other cases, the third anniversary of the date as of which the Remaining Unexpired Employment Period is being determined. Upon termination of the Executive’s employment with the Company and the Bank for any reason whatsoever, any daily extensions provided pursuant to this Section 2(b), if not therefore discontinued, shall automatically cease. (c) Subject to Section 3, nothing in this Agreement shall be deemed to prohibit the Company or the Bank from terminating the Executive’s employment at any time during the Employment Period with or without notice for any reason; provided, however, that the relative rights and obligations of the Company, the Bank and the Executive in the event of any such termination shall be determined under this Agreement.

  • Secondary Employment A. For any employee entitled to disability leave, the employer shall pay the covered employee compensation in accordance with section 10.2 governing disability leave. B. The employer shall pay compensation for the period that the covered employee is entitled to disability leave for a maximum period of eighteen (18) months, except as set forth in 10.2(b) and 10.3(b). C. The employee shall be eligible for compensation for such disability leave if the employee is temporarily disabled from the duties of the public safety employment that gave rise to the injury, regardless or whether the employee engages in secondary employment, provided that: 1. The secondary employment commenced prior to the injury; 2. The duties of the secondary employment are not likely to cause delay or preclude full recovery and return to work as certified by the FROMS physician and such employment is approved by the Fire Chief. Such requests shall not be unreasonably denied.

  • Pre-Employment Testing Nothing in this Contract shall limit the right of the City to conduct any tests it may deem appropriate for persons seeking employment prior to their date of hire. The parties agree that the Lodge has no role or responsibility with regard to any such pre-employment testing.

  • Outside Employment Employees may engage in other employment outside of their State working hours so long as the outside employment does not involve a conflict of interest with their State employment. Whenever it appears that any such outside employment might constitute a conflict of interest, the employee is expected to consult with his/her appointing authority or other appropriate agency representative prior to engaging in such outside employment. Employees of agencies where there are established procedures concerning outside employment for the purpose of insuring compliance with specific statutory restrictions on outside employment are expected to comply with such procedures.

  • 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:

  • Re-employment An employee who resigns their position and within 90 days is re-employed, will be granted a leave of absence without pay covering those days absent and will retain all previous rights in relation to seniority and benefits subject to any benefit plan eligibility requirements.

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