Xxxxx Employment Agreement. X. Xxxxx shall enter into an Employment Agreement in substantially the form attached hereto as Exhibit 7.10 (the "X. XXXXX EMPLOYMENT AGREEMENT").
Xxxxx Employment Agreement. The Purchaser shall have caused the Company to enter into the X. Xxxxx Employment Agreement with X. Xxxxx.
Xxxxx Employment Agreement. No later than January -------------------------- 31, 1997, Xxxxx and Acquisition shall have agreed upon the form of an Employment Agreement to be executed by Xxxxx and Acquisition at Closing (the "XXXXX EMPLOYMENT AGREEMENT"). Xxxxx and Acquisition shall each indicate their agreement to the form other Xxxxx Employment Agreement by initialling the form of such document no later than January 31, 1997 and attaching the initialled document to this Agreement as Exhibit 6.6.1. ------------- 6.6.2
Xxxxx Employment Agreement. The Company Stockholder and the Surviving Corporation shall have entered into the Employment Agreement in the form annexed hereto as Schedule D.
Xxxxx Employment Agreement. Xxxxx shall have executed the Xxxxx Employment Agreement.
Xxxxx Employment Agreement. Xxxxx shall have executed and delivered to EAW an employment agreement with EAW in the form attached as Exhibit E;
Xxxxx Employment Agreement. NDeX, our majority-owned subsidiary, entered into an employment agreement with Xxxxx X. Xxxxx on March 14, 2006, pursuant to which Xx. Xxxxx agreed to serve as chairman and chief executive officer of NDeX and report to the president of Xxxxx Media Company. Xx. Xxxxx’x employment agreement includes an initial two-year employment term, with an automatic one-year renewal, unless either party provides prior written notice of its or his intent not to renew the agreement to the other party at least sixty days prior to the end of the term. In December 2008, we amended Xx. Xxxxx’x employment agreement in connection with the effective date of Section 409A of the Code. Under the terms of the employment agreement, Xx. Xxxxx received an annual salary of $260,000 for his services during 2006 and 2007 and also is entitled to three weeks of paid vacation annually. Xx. Xxxxx must devote no less than one-half of his full business time to NDeX. Xx. Xxxxx is also entitled to participate in and receive such benefits under NDeX’s welfare benefit plans and its other general practices, policies and arrangements, including medical and hospitalization coverage, group term life insurance, disability insurance, accidental death insurance, retirement plans and fringe benefits, that NDeX makes generally available to its senior management employees. Xx. Xxxxx’x employment agreement with NDeX automatically renewed for an
Xxxxx Employment Agreement. APC, our majority-owned subsidiary, entered into an employment agreement with Xxxxx X. Xxxxx on March 14, 2006, pursuant to which Xx. Xxxxx agreed to serve as president of APC and report to the president of Xxxxx Media Company. Xx. Xxxxx’x employment agreement includes an initial two-year employment term, with an automatic one-year renewal, unless either party provides prior written notice of its or his intent not to renew the agreement to the other party at least sixty days prior to the end of the term. In December 2008, we amended Xx. Xxxxx’x employment agreement to comply with the requirements of Section 409A of the Internal Revenue Code. Under the terms of the employment agreement, Xx. Xxxxx received an annual salary of $260,000 for his services during 2006 and 2007 and also is entitled to three weeks of paid vacation annually. Xx. Xxxxx must devote no less than one-half of his full business time to APC. Xx. Xxxxx is also entitled to participate in and receive such benefits under APC’s welfare benefit plans and its other general practices, policies and arrangements, including medical and hospitalization coverage, group term life insurance, disability insurance, accidental death insurance, retirement plans and fringe benefits, that APC makes generally available to its senior management employees. Xx. Xxxxx’x employment agreement with APC automatically renewed for an additional one year term on March 14, 2008. In January 2008, the compensation committee approved a 3.5% increase in Xx. Xxxxx’x base salary to $269,000 for year ended 2008. For 2009, the committee set Xx. Xxxxx’x base salary at $269,000, which was the same rate as last year. Either party may terminate Xx. Xxxxx’x employment at any time, with or without cause and with or without notice. If APC terminates Xx. Xxxxx’x employment without cause, Xx. Xxxxx is entitled to severance
