Examples of Amended Employment Agreements in a sentence
Miller shall, as of the Effective Date, be amended and restated as provided in the Amended Employment Agreements, respectively, and assumed by the Debtors as amended and restated.
Miller will, as of the Effective Date, be amended and restated as provided in the Amended Employment Agreements, respectively, and assumed by the Debtors as amended and restated.
Pursuant to Plan, existing severance agreements with senior management and existing employment agreements with Executive Management were assumed and amended to provide certain limitations on the receipt of severance benefits (Amended Employment Agreements).
Approved – Amended Employment Agreements, Dr. Marta Meana – The Board approved Amendment No. 2 to the Terms of Employment for faculty Marta Meana by and between the Board of Regents of the Nevada System of Higher Education, on behalf of UNLV, and Marta Meana.
The Amended Employment Agreements generally provide for the forfeiture of severance benefits if a member of Executive Management is terminated for cause, or voluntarily terminates employment prior to Date 3 or prior to the earlier of the sale of all, or substantially all, of Taxpayer’s assets or stock.
Each Amended Employment Agreement amends and restates the employment agreements previously entered into between the Company and each executive.The terms and conditions of the Amended Employment Agreements remain the same as in the original employment agreements, but were modified in the following ways: • Each Amended Employment Agreement is terminable “at will” with or without notice, and, unlike the prior employment agreement, is not subject to a specified term or automatic renewal term.• Messrs.
Further, to induce the Employees to enter into the Amended Employment Agreements, the Employee Stockholders, Purchasers, the Company and the Founder desire to amend and restate in full the Stockholder Rights Agreement, dated September 17, 1999, which governs certain rights of the Stockholders.
Each such director and officer shall serve from and after the Effective Date pursuant to the terms of the New Organizational Documents, the New Employee Agreements/Arrangements, the Amended Employment Agreements (for any employee whose Employment Agreement is not assumed), and other constituent documents of the Reorganized Debtors.
The foregoing summary of the material changes to terms of the Amended Employment Agreements are qualified in their entirety by the full terms and conditions of the Amended Employment Agreements for each of Mr. Gardner, Mr. Binder, Mr. Rau and Mr. Diamond, copies of which are filed as Exhibits 10.3, 10.4, 10.1 and 10.2, respectively, to this Form 10-Q, and are incorporated herein by reference.
Amended Employment Agreements On April 22, 2019, Central Federal Corporation (the “Company”) and its wholly-owned subsidiary, CFBank (the “Bank”), entered into an amended employment agreement with each of Timothy T.