Transition Terms. Customers that purchased the Subscription Services prior to 18 July 2024, the obligation to use direct debit for their payments and the payment terms of quarterly in advance for Perpetual Order Forms shall apply only from 1 June 2025. Until then, the Perpetual Order Forms shall be billed monthly in arrears.
Transition Terms. Between the date of this Agreement and the Retirement Date, you will continue (i) as a full-time employee of the Company, fulfilling your regular work duties and transitioning your workload and projects to other Company personnel as requested by the Company, (ii) to be paid your current base salary, and (iii) to be eligible for, and participate in, the Company’s employee benefits programs and arrangements to the extent provided by the terms of the applicable plans and agreements (subject to any changes to the Company’s employee benefits programs and arrangements that the Company reserves the right to make at any time as it deems necessary or appropriate). For purposes of clarity, you will remain eligible for consideration for an annual bonus under the Company’s Executive Incentive Bonus Plan for 2021 (prorated based on the number of days you are employed by the Company in 2021), with any bonus amount to be determined by the Compensation Committee of the Company’s Board of Directors (the “Compensation Committee”) and paid on the regular annual bonus payment date (or, if earlier, March 15th of the year following the year for which such bonus is earned), whether or not you are a current Company employee on the payment date. You acknowledge and agree that your retirement from the Company will not qualify as a termination of employment without Cause or for Good Reason under the terms of the Executive Change in Control Severance Agreement entered into by and between you and the Company effective as of November 15, 2018 (the “Change in Control Agreement”) (regardless of whether the Company at any time undergoes a “Change in Control” (as defined in the Change in Control Agreement)), and you are not entitled to any severance under the Change in Control Agreement or under any other severance program/agreement in connection with your retirement from the Company. You and the Company mutually acknowledge and agree that (x) the provisions of this Section 1(c) are wholly separate and distinct from the remaining provisions of this Agreement, (y) your continued service as an employee of the Company was not an inducement for you to enter into this Agreement or any other agreement with the Company, and (z) your service as an employee of the Company, and any termination of that service, at any time, for any reason, shall not affect any other provisions of this Agreement or any other agreement between you and the Company, including, without limitation, the release set forth he...
Transition Terms. Subject to Executive’s execution, delivery and effectuation of a standard Company Mutual General Release Agreement (“General Release”), to the conditions otherwise set forth in this Section 1, and to Executive’s continued performance under this Agreement and the General Release, Executive will be entitled to the following benefits and other consideration:
Transition Terms. The Vendor will be notified by EDFMA when their stall is ready for the Vendor’s improvements. The Vendor will be given access to the Building prior to the opening in order to conduct the improvements to their stall;
Transition Terms. 1. For purposes of this agreement the following definitions shall apply:
Transition Terms. A. MeadWestvaco will establish transition teams to assist Xxxxx, Inc. plants that are converted to MeadWestvaco Carbonless.
Transition Terms. Between the date of this Agreement and the Transition Date, you will continue (i) as a full-time employee of the Company, fulfilling your regular work duties and transitioning your workload and projects to other Company personnel as requested by the Company, which duties may be performed on a remote basis or, at the reasonable request of the Company’s Chief Executive Officer and/or Board of Directors, at the Company’s offices, (ii) to be paid your current base salary, and (iii) to be eligible for, and participate in, the Company’s employee benefits programs and arrangements to the extent provided by the terms of the applicable plans and agreements (subject to any changes to the Company’s employee benefits programs and arrangements that the Company reserves the right to make at any time as it deems necessary or appropriate). You acknowledge and agree that the transition resulting from this Agreement will not qualify as a termination of employment (i) without “justifiable cause” or for “good reason” under the terms of the Employment Agreement or (ii) with “Cause” or for “Good Reason” under the terms of the CIC Agreement (regardless of whether the Company at any time undergoes a Change in Control (as defined in the CIC Agreement)), and you are not entitled to any severance under the CIC Agreement, the Employment Agreement or under any other severance program/agreement in connection with your transition pursuant to this Agreement or thereafter.
Transition Terms. This Agreement sets forth the terms and conditions, including the amount, timing, and method of payments, as well as the terms and benefits of your transition of employment. You will be entitled to receive the benefits and payments set forth below, provided that you have signed and not revoked this Agreement.
Transition Terms. Licensee will provide Licensor with notice of its initial proposed use of the Dual Brand, including the identification of BRAND X, at least thirty days in advance of such use, together with samples of the proposed use. Thereafter, Licensee may propose changes to the forms of use of the Dual Brand by giving Licensor not less than thirty (30) days advance written notice of such proposed changes, together with samples of such proposed changes. Licensor’s failure to communicate approval or disapproval within thirty (30) days of receipt of notice from Licensee shall be deemed an approval. Subject to the foregoing, Licensee may use the Dual Brand in connection with the Licensed subject to the guidelines set forth below.
Transition Terms
