Examples of Assignment Term in a sentence
The Company shall retain the services of a tax consultant to counsel the Executive with respect to the tax implications of the move and to prepare the Executive’s U.S. and Switzerland tax returns as required during the Assignment Term.
Except as otherwise provided in paragraph (b) or (c) below, if the Executive’s employment is terminated for any reason during the Assignment Term, the terms of Agreement Section 4 shall control; provided, that the relocation to Switzerland shall not constitute an event giving rise to a termination of employment for Good Reason.
The Company shall pay for the following expenses, allowances and benefits through the Assignment Term.
The stay bonus described in paragraph (a) shall be payable in full and irrespective of the actual duration of the Assignment Term if the Executive’s employment is terminated by the Company without Cause, by the Executive for Good Reason (not including the event of the assignment to Switzerland), or due to the Executive’s death or Disability.
Unless otherwise provided in this Addendum, all Agreement terms (including the Executive’s entitlement to the compensation and benefits described in Agreement Section 3, as adjusted for merit increases since the date of the Agreement) shall remain in full force and effect during the Assignment Term.